The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Wednesday, August 24, 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

--------------------------------------------------------------------------------------------------------

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

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

N.Korea Test Fires Submarine-Launched Ballistic Missile 

[Exclusive]N. Korean Ambassador to London Ordered to Return Home

UNCCondemns N. Korea's Land Mine Planting near Panmunjeom

RulingLawmaker Proposes 'Lemon Law'

UNCCondemns N. Korea's Land Mine Planting near Panmunjeom

ThreeN. Koreans Defect to S. Korea via the Yellow Sea

IAEA:Resumed Activity at N. Korean Nuclear Site

Seoul:Forcible Nature of Mobilization of Sex Slaves Undeniable Historical Fact

U.S.House Armed Services Committee Chair Proposes USFK Reduction

USThink Tank Warns of N. Korea's Special Forces

SpecialTeam to Investigate Presidential Aide, Special Inspector

S.Koreans Urged to Exercise Caution for Safety Abroad

--------------------------------------------------------------------------------------------------------

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

N.Korea test-fires SLBM in waters off east coast: JCS

FTCcloses investigation on two local humidifier sterilizer firms

S.Korean regulations continue to hinder development of autonomous cars: report

South Koreaneeds to further remove regulations to support the development of domesticautonomous or self-driving vehicles, a private think tank here said Wednesday.

Private-gov'tbody launches to foster hydrogen car sector

The SouthKorean government on Wednesday launched a consultative body of the public andprivate sectors in order to steer the hydrogen car industry to a leading growthengi...

Jeonbuk,Shanghai end in scoreless draw in AFC Champions League quarters

South Koreanclub Jeonbuk Hyundai Motors played Shanghai SIPG to a scoreless draw in thefirst leg of the Asian Football Confederation (AFC) Champions Leaguequarterfinal...

S.Korea confirms first cholera case in 15 yrs 

South Koreahas confirmed its first case of cholera in 15 years in a man who had seafoodduring his trip to the southern coast earlier this month, local healthauthoritie...

-------------------------------------------------------------------------------------------

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

Park:North Korea shows signs of 'serious cracks'

President ParkGeun-hye on Monday warned that North Korea may carry out provocations includingterrorist attacks in resp...

[NewsAnalysis] Naver, Kakao accused of copying start-ups’ software

Local startupsare speaking out against South Korean IT giants that have allegedly plagiarized...

Seoulto sell 30% stake in Woori Bank to multiple buyers

After fourfailed attempts, the Korean financial regulator came up with a revised measureto pr...

Riocelebrates athletic feats as Olympic Games end

Olympicsclosing ceremony (Park Hae-mook/The Korea Herald)The 2016 Rio de JaneiroOlympics drew...

--------------------------------------------------------------------------------------------------------

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

'NorthKorea may have produced plutonium for 2-3 nukes'

North Korea isestimated to have produced enough weapon-grade plutonium for about two to fourmore nuclear weapons than...

Schoolmeals marred by graft, poor ingredients

A government’sinvestigation found Tuesday that poor management of school food ingredientsand...

WillGoogle fall short of its quest for Korean map data?

[THE INVESTOR]For years, Google has asked the Korean government for permission to store andu...

Koreaconfirms first cholera outbreak in 15 years

South Koreanhealth authorities said Tuesday that it has confirmed the first case of cholerain...

--------------------------------------------------------------------------------------------------------

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

N. Korea dispatches defector kidnapping agents to China

Following defection to South Korea of 13 employees at a North Koreanstate-run restaurant in China and Thae Yong Ho, a top North…

Ethiopian marathoner on the brink of losing silver medal

Olympic marathon silver medalist Feyisa Lilesa from Ethiopia is on thebrink of losing his hard won medal. Lilesa held his arms o…

Global celebrities to experience Korean culture in Seoul

Renowned figures who are leading the global culture community will gathertogether in Korea next month. The Corea Image Communica…

IS changes Iraqi children into terrorists

They often lures children with ice cream and toys to a place andindoctrinate them with Islamic extremism. Children who are often…

-------------------------------------------------------------------------------------------------------

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

40% of Jobseekers Get Sick with Stress

Four out of 10 people who are looking for jobs suffer somuch stress and anxiety that it makes them ill, according to a survey. Jobsearch portal Saramin polled 763 jobseekers in June, and 39.2 percent saidtheir health suffered as they searched for work.

Shoppers Find Luxury Brands Much CheaperOnline

Online shoppers who buy luxury brands online fromoverseas sellers feel they are nearly one-third cheaper than in offline storeshere. In a survey of 1,000 people who bought products online over the pastyear, 26.7 percent said they purchased luxury items. 

Unemployment Drives Young Koreans Overseas

Growing numbers of young Koreans head overseas in search ofwork amid steadily rising youth unemployment, which hit 10.6 percent in thefirst seven months of this year.

-------------------------------------------------------------------------------------------------------

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

NorthKorea increasing economic cooperation with China and Russia

Withinter-Korean relations stagnant and China displeased with THAAD, interchangegrowing in North Korean border area

“Economicinterchange between North Korea and China isn’t a matter of lopsided supportfrom China to North Korea, but something taking place in an expanded form asmutual interests coincide. “This was the key message in “North Korea-ChinaEconomic Interchange and the North Korean Economy as Seen from the Border,” areport published on Aug. 22 by Sejong Institute senior research fellow and RohMoo-hyun administration-era (2003-2008) Unification Minister Lee Jong-seok.

Withher inner circle, Pres. Park pretty much surrounded by criminal suspects

Saenuri Partyleader Lee Jung-hyun, lawmakers Choi Kyoung-hwan and Yoon Sang-hyun and SeniorSecretary to the President for Civil Affairs Woo Byung-woo are all trustedassociates of South Korean President Park Geun-hye. These figures all havesomething else in common - they can’t get out of an investigation by the publicprosecutors. Park is basically surrounded by criminal suspects…

SouthKorea and U.S begin Ulchi-Freedom Guardian joint exercises

TheUlchi-Freedom Guardian joint exercises conducted by South Korean and US forcesbegan on Aug. 22.Ending on Sep. 2, the exercises reportedly apply OperationsPlan (OPLAN) 5015 to a wartime countermeasures scenario that involves launchinga preemptive strike on a North Korean nuclear or missile base during a crisis..

Pres.Park’s words and actions trying to drum up security threats

South KoreanPresident Park Geun-hye played up the possibility of the North Korean regimecollapsing and the threat of a North Korean provocation, claiming that “thereare signs of serious division [inside North Korea] and that there is anincreasing likelihood of unrest in the regime. “Amid a worsening controversyinvolving Senior Secretary to the President for Civil Affairs Woo Byung-woo,Park appears to be attempting to redirect public attention to a securitycrisis.

DefenseMinistry officially announces seeking of alternative site for THAAD deployment

The Ministryof National Defense officially announced on Aug. 22 that it would consider athird Terminal High Altitude Area Defense (THAAD) system deployment site withinSeongju County, North Gyeongsang Province.“Through close coordination with thelocal government and application of the six assessment standards for siteusability, we will be working as soon as possible to examine a third candidatesite…

-------------------------------------------------------------------------------------------------------

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

PeaceOdyssey 2016 embarks in Russia

The PeaceOdyssey 2016, a journey across Russia’s Far East by thought leaders from SouthKorea, was already in the works when 2015’s Peace Odyssey came to a close. InJune 2015, a group of 31 leaders in politics, academia, media and culture madea six-day, 1,400-kilometer (870-mile) trip along China’s border with NorthKorea, stopping in cities and towns in the northeastern Liaoning and Jilinprovinces to mark the 70th anniversary of the division of the KoreanPeninsula…  .

Monopolyon rifles for the Army turns into duopoly

The riflemonopoly for the Korean military has been opened to another manufacturer forthe first time…

NorthKorean soldiers place land mines near Panmunjom

North Koreahas mounted land mines in areas near the truce village of Panmunjom at theinter-Korean border…

Securitiesfirms make leap into hedge funds

Korea’sfinance industry marked a milestone in 2011, when the country’s first homegrownhedge fund…

--------------------------------------------------------------------------------------------------------

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

[Editorial] Why Is the President EncouragingArguments Claiming that the North Is Crumbling?

Yesterday, President Park Geun-hye said, "Thepossibility of unrest in the North Korean regime is growing bigger. Even theNorth Korean elite are falling apart···

Historians Speak Up, "The Argument thatOur Nation Was Founded on August 15, 1948 Is an Insult to the IndependenceMovement and the Constitutional Spirit

"Senior historians and history societies havecriticized the government and ruling party's attempt to enact a bill toestablish August 15, 1948 as the day our n···

--------------------------------------------------------------------------------------------------------

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

AssetBalance of Domestic Insurance Companies Surpasses 1,000 Tril. Wontop

The combinedasset balance of domestic insurance companies has surpassed the1,000-trillion-won level for the first time in history. Still, the insurers'profitability has worsened as their payouts outweighed premium incomes whileasset management has become more difficult due to low interest rates.... 

Big3 Steel Firms Report “Earnings Surprise” but No Time to Enjoy It

Korea’stop-three steel companies, namely POSCO, Hyundai Steel and Dongkuk Steel, sawtheir operating profits rise 2.8 percent, 60.5 percent, and 116.4 percent yearon year in the second quarter of this year. The operating profit of eachcompany marked a positive growth compared to a quarter ago. T...

POSCOto Continue Its Restructuring Effort in 2H

POSCO, Korea'slargest steel maker, will focus its effort in the second half of this year onrestructuring on non-essential assets, enterprise-wide cost-cutting measures,and concerted endeavor in selling more higher value-added products. Throughthese avenues, the steel supplier will try to get out...

Sharpto Buy back Overseas TV Business Interests It Once Sold off

Hon Hai Groupof Taiwan, which acquired Japan's Sharp Corp., will buy back the TV businessinterests overseas once owned by Sharp as part of an effort to normalizeSharp's business operation. According to the Yomiuri Shimbun on August 23,Sharp will dispatch managers to the acquirers of its TV busin...

ChemChina'sBid to Acquire Syngenta Gets One Step Closer

The prospectfor China's largest-ever overseas M&A deal has become brighter. Accordingto the Wall Street Journal on August 23, the Committee on Foreign Investment inthe U.S., a panel led by the Department of Treasury, has approved a deal byChina National Chemical Corp. to take over Swiss-based Sy...

--------------------------------------------------------------------------------------------------------

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

CJacquires intellectual property and lab equipment from US venture firm

South Koreanfood company CJ Cheiljedang Corp. said Tuesday it has agreed to acquirebiopolymer intellectual property and certain laboratory equipment from USventure firm Metabolix for 10 million US dollars. CJ said a letter of intent h…

Pyongyangtest-fires SLBM in waters off east coast

A pile pictureon North Korea's SLBM launch.[Yonhap News Photo] North Korea test-fired asubmarine-launched ballistic missile Wednesday in waters off its east …

Childrenof North Korean diplomats ordered to return ho…

North Korearecently ordered the children of its diplomats stationed overseas to returnhome, intelligence sources said Tuesday, adding that th…

--------------------------------------------------------------------------------------------------------

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

LCDshipments of Samsung Display up 11% in July MoM on improved yield rates

Large-sizeliquid crystal display (LCD) panel shipments of Samsung Display Co., SouthKorea’s leading panel maker, sharply recovered last month after the companyfixed the defect stemming ...

HanhwaGroup dropped from the race for U.S. parts supplier CSP

South Koreanlarge conglomerate Hanwha Group has been crossed out as buyout candidates forU.S. automotive components maker...

CJCheiljedang to buy research and patent assets of Metabolix

South Korea’sretail conglomerate CJ Cheil Jedang Corp. said Tuesday that it has submitted abinding letter of intent (LOI) to...

HanjinShipping to submit fresh rescue plan this week including Hanjin Group

South Korea’sHanjin Group is expected have stronger units like Korean Air help out their troubledaffiliate Hanjin Shipping...

HyundaiHeavy reaches an agreement with Fred Olsen on drilling rig dispute

South Korea’slargest shipbuilder Hyundai Heavy Industries Co. decided to pay back the advancepayment it had received on an...

S.Korean retailers’ earnings to fall due to new anti-graft law: Goldman

Goldman SachsGroup, a United States-based investment banking giant, has revised downearnings forecast of South Korea’s major...

SPCopens Paris Baguette store in Chengdu, stretching to inland China

South Korea’sSPC Co., the parent company of leading bakery and patisserie brand Paris Baguette,announced on Monday that it...

-------------------------------------------------------------------------------------------------------

The Korea Post is at your service.

The KoreaPost, established 31 years ago in 1985, operates five news media outlets, twoin the Korean language and three in English.

They are allat your service. You can email all your English and Korean press releases andfeedback for free publication to edt@koreapost.comor korpost@chol.com.The five media outlets are:

(1) A Koreanprint newspaper (http://www.koreapost.co.kr/pdf/list.php),

(2) A KoreanInternet (www.koreapost.co.kr),

(3) An EnglishInternet (www.koreapost.com),

(4) An Englishprint monthly (http://koreapost.koreafree.co.kr/magazine/index.html),and

(5) An Englishe-daily (/rankup_module/rankup_notice/notice_list.html)

Sendyour news releases and feedback: