August 19, 2016

TheKorean daily media headlines and humor

Friday, August 19, 2016

Your Excellency:

Here are The KoreaPost notices and around up of important headlines from all majorKorean-language dailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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Aquick roundup of major news stories from the Korean news media today:

KBS (http://world.kbs.co.kr/english/news/)

ParkVisits Vocational School to Inspect Apprentice System

President ParkGeun-hye on Thursday visited a vocational school and a company in the westernport city of Incheon to promote apprenticeships linking...

Gov'tExpresses Regret over Plutonium Production

The governmenthas expressed deep regret over North Korea’s announcement that it is producingweapons-grade plutonium and enriched...

Opp.Lawmakers Call for Assembly Ratification of THAAD

CeremonyHeld in Memory of Former Pres. Kim Dae-jung

22ndContingent of Cheonghae Unit Departs for Somali Waters

DefenseMinistry: Any Location in Seongju Ensures THAAD Aim

'N.Korean Reprocessing Violates UN Resolutions'

Parkto Attend G20 Summit in Hangzhou in Early Sept 

Seoul:N. Korean Plutonium Production in Violation of UN Resolutions

N.Korean No. 2 Diplomat in London Fled to Seoul

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Yonhap (http://english.yonhapnews.co.kr)

(Olympics)S. Korean title favorite loses in taekwondo quarterfinals

South Koreantaekwondo title hopeful Lee Dae-hoon lost in the quarterfinals at the Rio deJaneiro Olympics on Thursday…

S.Korean coach of Japanese badminton says Rio medals 'only beginning' 

After guidingJapan to its first Olympic badminton gold medal at the Rio de Janeiro Olympics,the team's South Korean-born coach, Park Joo-bong, said Thursday it's...

Producerprices drop in July

South Korea'sproducer prices dropped slightly from a year earlier in July on a large cut inprices of coal and petroleum products, central bank data showed Friday.

Overseascard spending up 5.2 pct in Q2 

Overseas cardspending by South Koreans expanded more than 5 percent in the second quarter of2016 despite a decline in the number of outbound travelers, central bank datas...

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The KoreaHerald (http://www.koreaherald.com)

Seoulstruggles to stamp out bad summer smells

This is thefirst installment of a three-part series on Seoul’s battle against three typesof...

SamsungElectronics shares hit all-time high of W1.64m

[THE INVESTOR]Samsung Electronics’ shares soared to an all-time high of 1.64 million won ($1...

NovartisKorea blasted for indifference to bribery charges

[THE INVESTOR]Swiss pharmaceutical giant Novartis is facing mounting criticism in South Korea...

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The KoreaTimes (http://www.koreatimes.co.kr)

Formertable tennis champion joins IOC 

Ryu Seung-min,the newest member of the International Olympic Committee (IOC) from SouthKorea, sa... 

Presidentialsecretary referred to prosecution 

Aninvestigator looking into a corruption case involving Woo Byung-woo, seniorcivil affairs secre...

Fansuncomfortable with nationalistic, one-sided broadcasts 

South Koreanbroadcasters’ nationalistic, one-sided comments focusing on their own country’sathletes are apparently making TV viewers uncomfortable.

Strongerlicense regulation planned for senior drivers 

The policemove to require senior drivers aged 75 and above to renew their licenses everythree years is spawning a dispute with senior citizens, who claim th... 

Rio2016: Two faces of Olympians' social media 

Athletesparticipating in the Olympics are increasingly sharing their experiences withfans throug... 

Warsawmoves to ban 'Polish death camps' phrase 

The Polishgovernment has approved a bill that would outlaw phrases such as “Polish deathcamps” o... 

Parkto attend G20 summit in China 

President ParkGeun-hye will attend the G20 summit in Hangzhou, China, from Sept. 4 to 5,Cheong W...

Disposablecups to be regulated 

Korea is aland of coffee drinkers. Cafes are ubiquitous in Seoul, drawing hundreds ofcustomers every day.

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DongA Ilbo (http://english.donga.com)

KTintroduces wireless IPTV in Korea

A wirelessInternet Protocol Television (IPTV) technology has been developed for the firsttime in Korea. KT Corporation, one of …

Onceostracized, Putin re-emerges on diplomatic center stage

Two years ago,Russian President Vladimir Putin was ostracized in the diplomatic arena. Facedwith strong criticisms following Ru…

'LoveStory' director Arthur Hiller dies at 92

DirectorArthur Hiller (92) died on Wednesday at the age of 92 at his home in LosAngeles, the U.S. Hiller was best known for dir…

PresidentPark to attend G20 summit in China

President ParkGeun-hye will visit China next month to attend the G20 summit. Attention isdrawn to whether she will hold talks w…

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Chosun Ilbo (http://english.chosun.com)

Heat Wave to Ease Next

Week Korea's record heat wave is finally on the way toeasing from this weekend.

Thursday's temperatures still reached 34.3 degreesCelsius in Seoul, 34.8 degrees in Daejeon, 35 degrees in Daegu, and 34.7degrees in Gwangju, according to the Korea Meteorological Administration.

Fizzy Drinks Raise Risk of High BloodPressure

Obese women who enjoy fizzy soft drinks double theirchances of high blood pressure, according to a study at Hallym UniversityMedical Center and Gachon University.

Major Businesses Cut Back on Investment,Hiring

Major businesses in Korea cut back on both investment andhiring during the first half of this year

According to corporate tracker Chaebul.com on Wednesday,the total number of workers employed by the nation's top 10 conglomerates fell0.7 percent to 641,390 by the end of June compared to the previous half.

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HanKyoReh Shinmoon (http://english.hani.co.kr)

Mistakeor deliberate ruse? S. Korea misquotes OECD debt data

The Ministryof Strategy and Planning misquoted OECD statistics used for comparison whenassessing South Korea’s fiscal soundness, it was confirmed on Aug. 17. The discoveryhas led to worries that t…

Highest-rankingNorth Korean diplomat ever publicly defects to South Korea

As of themorning of Aug. 17, the South Korean government had refused to confirm reportsthat Thae Yong-ho, a minister-level official at the North Korean Embassy in London,was seeking asylum. But dur…

Onvisit to Seongju, Defense Minister confronted by angry residents

When SouthKorean Defense Minister Han Min-koo emerged from his two-hour meeting with theSeongju Action Committee for Cancelling the Decision to Deploy THAAD at 4 pm onAug. 17, he was greeted by the…

Lifewithout a safety net: North Korean defector window cleaner falls to his deathin Incheon 

A man in hisforties who defected from North Korea to find treatment for his wife’s illnessfell to his death recently while cleaning a building in Incheon without safetygear. The man was a doctor wh…

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JoongAng Ilbo(conservative) (http://koreajoongangdaily.joinsmsn.com/)

Defector is son of former comrade of Kim IlSung

Thae Yong-ho, the most senior North Korean official todefect to South Korea in nearly two decades, is the son of Thae Byong-ryol, whofought the Japanese Imperial Army in the 1930s alongside North Korean founderKim Il Sung, a source on North Korea said. If Thae, who defected while servingas the No. 2 man in North Korea’s embassy in London, is indeed the son of acomrade-in-arms of the late North Korean founder, he comes from the country’smost privileged class…

Samsung’s shares close at record high of W1.64M

Shares in Samsung Electronics hit an all-time highThursday, a day before the No. 1 smartphone manufacturer…

China cuts Korean singer, or blurs his face,on TV show

In apparent retaliation for Korea’s decision to deploy aU.S.-led antimissile defense system, a Chinese TV show…

Government, Saenuri target electricitybilling

The government and ruling party launched a task force todiscuss the electricity billing system on Thursday…

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The KyungHyangShinmoon (http://english.khan.co.kr/)

"Solidarity among the Ruling Class inNorth Korea Is Weakening" Minister Thae Yong-ho Seeks Asylum

the South Korean government disclosed the fact that ThaeYong-ho, a minister at the North Korean Embassy in the United Kingdom enteredthe country…

Fueling the Controversy over the Date of theNation's Foundation: Is the Ruling Party Aiming for a Second Battle overHistory?

The Saenuri Party is triggering a debate over the date ofthe founding of our nation. They are attempting to fight fire with fire againstthe opposition's crit…

[August 16 Cabinet Reshuffle] PresidentPark's Aides Living in a 'World of Their Own'

President Park Geun-hye announced a cabinet reshuffleaimed at saving Cho Yoon-sun, triggering more talks about the "law ofpresidential appoint…

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The KoreaEconomic Daily (http://english.hankyung.com/)

SamsungRegains Competitiveness against Apple and Other Rivals

SamsungElectronics has become stronger in terms of financial performance as well asnew product line-ups. The company's operating profit for the second quarter hasincreased to the 8-trillion-won level for the first time in nine quarters. TheGalaxy Note 7 that will be officially launched on August... 

UnrealisticLaws Turn Private B&B Operators into Lawbreakers

Amid theglobal trend toward a "shared economy," the nation's outdatedregulations in relation to lodging are turning so many private bed & breakfastoperators into illegal businesspeople. Some of the most flagrant provisionsinclude the prohibition of renting out residential-office units and the ob...

Korea'sBio-drug R&D System Needs Major Reform to Be Viable Commercially

The amount ofroyalties earned by the Weizmann Institute of Science in Israel from technologytransfer is in excess of US$100 million a year. The institute makesapplications of an average of 100 patents a year of which about 30 percentbecome successful commercially. Copaxone, a drug for the treatm...

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AJU BusinessDaily (http://eng.ajunews.com/korea)

Obamato visit China amid tension over THAAD, South China Sea: Yonhap

US PresidentBarack Obama will visit China early next month for a summit of the Group of …

USarmy chief rejects Chinese protest over missile shield: Yonhap

The US Armychief of staff told his Chinese counterpart that the THAAD missile defensesyst…

Prosecutorsquestion Volkswagen executive over fake emissions results

South Koreanprosecutors questioned the managing director of German carmaker VolkswagenThur…

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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/)

SamsungElectronics stock price hit record high on buoyant chip and phone sales outlook

SamsungElectronics Co.’s share price hit an all-time high of 1,644,000 won during thetrading session on Thursday, breaking the share’s last record intraday high of1,584,000 won in...

HyundaiRotem bags $1 bn deal to build trains for Australia

South Korea’sHyundai Rotem Co., locomotive and rolling stock unit of Hyundai Motor Group clincheda deal worth about 1.1...

Parkto attend G-20 summit in China, raising expectations for possible summitbetween Korea, China

South KoreanPresident Park Geun-hye will attend the Group of 20 (G20) summit in China andforums with the Association of...

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