The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Thursday, September 1, 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/)

RivalParties Agree to Pass Supplementary Budget Plan

HanjinShipping Vessels Seized, Operations Halted

Assemblyto Scale down Legislative Immunity from Arrest

ConfirmationHearing for Culture Minister Nominee Held

Assemblyto Scale down Legislative Immunity from Arrest

Gov'tProduces App for Information on Product Recalls

Report:Weaker Chinese Economy will Dent S. Korea's GDP

ConglomeratesInvest More in Subcontractors

UnificationMinistry: N. Korean Vice Premier Killed in Public Execution

Parliamentarians'Coalition for N. Korean Human Rights Meets in Seoul

UnificationMinistry: Socialism Nominal in N. Korea

'Seoul-BeijingSummit Likely at G-20 Meeting in Hangzhou'

JapanSeeks Higher Defense Budget Next Year

Gov'tLifts Special Travel Alert for Turkey

CourtAppoints Guardian for Lotte Group Founder

LandMinistry to Announce Development for Yongsan Park as Planned

CivicGroups Denounce Planned Delivery of 1 Bln Yen for Sexual Slavery Victims

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

S.Korea's consumer price growth hits 16-month low in Aug.

U.S. says N.Korea's latest execution shows regime's 'extreme brutality'

S.Korea's current account surplus narrows to US$8.71 bln in July

South Korea'scurrent account surplus hit the lowest in three months in July due to slowingexports, central bank data showed Thursday.

LeeDae-ho gets 3 hits as Mariners suffer 5th straight loss

Lee Dae-ho'sthree-hit game couldn't stop the Seattle Mariners from losing their fifthstraight game.

Oppositionto THAAD shows China's belief neighbors must give priority to Chineseinterests: U.S. expert

China'sopposition to South Korea's decision to host the U.S. THAAD missile defensesystem shows Beijing believes neighboring countries must put China's nationalintere...

S.Korea to introduce new license plate for electric cars in Oct.  

South Koreawill introduce a new license plate for electric vehicles before the end of nextmonth, the government said Thursday, in an apparent effort to further promoteenv...

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

ShinDong-joo to be grilled in Lotte Group corruption probe

A courtappointed a pro bono organization as guardian of the 91-year-old Lotte Groupfounder Shin Kyuk-ho, deeming him m...

HyundaiMerchant may take over Hanjin Shipping assets

Hanjin seesvessels arrested as it files for court receivership As the days of HanjinShipping...

NKexecuted vice premier in July

North Koreahas carried out the execution of a vice premier, a Seoul government officialsaid W...

Koreansuppliers struggling against Tesla’s gag order

Faced with thethreat of hefty penalties and a possible deal-breaker, Korean au...

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

HanjinShipping files for receivership

HanjinShipping filed for court receivership on Wednesday, a day after its creditorsdenied fresh loans for the cash-strapped shipper. Hours before the application,the government said it will have Hyundai Merchant Marine (HMM)...

3rdcholera patient confirmed 

The healthauthorities confirmed Korea’s third cholera infection on Geoje Island, SouthGyeongsang... 

Chogrilled over alleged property speculation 

Cho Yoon-sun,a nominee for minister of culture, sports and tourism, was grilled overallegations...

N.Korea expected to test nuclear warhead soon 

North Korea’srepeated threats to take a series of “eventful action steps” may lead to a testof a miniaturized nuclear warhead, according to analysts, Wednes...

N.Korea human rights law disputed 

A new lawaimed at protecting human rights in North Korea is embroiled in a dispute overexcluding North Koreans who have defected to third countries as its b...

Seoultold to prepare for US change in N. Korea policy 

The UnitedStates, which is stepping up sanctions against North Korea, may switch todialogue with the North before long, and South Korea should be ready for... 

N.Korea builds ballistic missile launch pads on moving trains: report 

North Korea isbuilding intercontinental ballistic missile (ICBM) launch pads on trains, theU.S.-...

Anothermass hepatitis C infection confirmed 

Concerns arewidening over a mass hepatitis C infection, as another case was confirmed inSunchang County, North Jeolla Province, Wednesday...

Julya record-breaking month for foreign tourists in Korea 

More than 1.7million foreigners visited Korea in July, a record for one month.

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

North Korea's deputy premier executed for high treason

Kim Yong Jin, a deputy premier in North Korea's cabinet, has been executeddue to disrespectful posture during a meeting that Nor…

Islamic State's No. 2 man reported killed in Syria

Abu Muhammad al-Adnani, the spokesman and chief strategist of the IslamicState (ISIS) group, was killed Tuesday during battles i…

Samsung releases new smartwatch Gear S3

Samsung Electronics has unveiled a new smartwatch that resembles ananalogue watch. With the smartwatch market failing to expand,

LG Electronics to unveil high-efficiency appliances inEurope

LG Electronics plans to unveil its new Centum System refrigerators anddryers at the IFA (Internationale Funkausstellung Berlin)

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

U.S. Puts Spotlight on N.Korean Slave LaborOverseas

The U.S. State Department in a strategy report tightenedthe noose on North Korea's exports of slave labor. The report to the Senate andHouse of Representatives shines a spotlight on indentured North Korean labor atbuilding sites and logging camps abroad.

Incheon Airport Wants to Boost TransferPassenger Traffic

Incheon International Airport on Tuesday announcedmeasures to recover declining transfer passenger traffic. They include allowingpassengers who bought their ticket directly from an airline to transfer todifferent flights at the airport.

Major Conglomerates Cut Back on Hiring

Major conglomerates like Hyundai, LG, Samsung and SK arecutting down on hiring as the slump shows no sign of lifting. Recruitmentschedules published this week show that most conglomerates will start takingapplications in September, conduct interviews in October and announce thesuccessful candidates in November.

Ukraine Scraps Exchange Accord with N.Korea

N.Korea 'Could Deploy Submarine-Launched Missiles onLand'

Strong Winds Sweep Korea on Edge of Typhoon

Chinese Footballers Train in Veiled Jerseys Ahead ofWorld Cup Qualifier

Salaries in Big Companies Shrink Again

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

Whenin crisis, Pres. Park scrapes through by finding scapegoats

NIS commentscandal, Yoo Seong-min and now Woo Byung-woo cases show president’s tendency totarget others

ThroughoutSouth Korean President Park Geun-hye’s time in office, she has escaped everyscrape she has gotten into by targeting specific people who are in her way.During this process, she has made use of information provided by the NationalIntelligence Service (NIS) and other state institutions.

[Newsanalysis] Shipping industry bracing for the shock of Hanjin’s expected courtreceivership

With SouthKorea’s top-ranked shipping company Hanjin Shipping on the verge of enteringcorporate rehabilitation (court receivership), a pressing question is what theimpact will be, not just for Hanjin itself but for the economy as a whole. Inaddition to the likely effects for shipbuilding and other related industries,the development is also certain to have a negative effect on shipping of importand export items…

USexpert says THAAD can’t intercept North Korea’s SLBM

North Korea’ssubmarine-launched ballistic missile (SLBM, called the KN-11) cannot be stoppedby the THAAD missile defense system, and seeking a diplomatic solution will ultimatelybe preferable to inciting an arms race, one American expert contends. “THAADhas a forward-looking radar with a 120-degree field of view. In the case of asingle THAAD battery, North Korea’s submarines would not have to travel veryfar out to sea to attack the THAAD system,” wrote Jeffrey Lewis.

12comfort women sue S. Korean government over Dec. 28 agreement with Japan

Twelve comfortwomen survivors filed suit against the South Korean government for 100 millionwon (US$89,400) in damages each, the Foundation for Justice and Remembrance ofthe Japanese Military Sexual Slavery Victims announced on Aug. 30.Thesurvivors’ claim is that the South Korean and Japanese government inflictedpsychological and material harm on them by agreeing to a resolution of thecomfort women issue on Dec. 28 of last year without their consent..

“AStory That Has Yet to End”; comfort women’s suffering told in comics

In 2014, acomics exhibition on the comfort women issue earned rave reviews at theAngouleme International Comics Festival in southwest France when it was heldfrom Jan. 30 to Feb. 2. Titled “The Flower That Doesn’t Wilt,” it featureddepictions of the suffering of women drafted as comfort women and subjected tosexual slavery during the Japanese occupation…

“Scary”stories of dangerous exploding Samsung Galaxy 7 smartphone batteries popping uponline

Multiplereports of Galaxy Note 7 smartphones being scorched by exploding batterieswhile charging have appeared online. Samsung Electronics has gone to work investigatingpossible causes, fearful of the potential impact on the marketing buzz itworked so hard to generate. Launched on Aug. 16, the large-screen premiumsmartphone has already become a popular item, with around 400,000 salesreservations…

Chatterfrom conservative politicians says S. Korea should acquire nuclear poweredsubmarine

Politiciansfrom the ruling Saenuri Party have been calling for South Korea to acquire itsown nuclear-powered submarines following North Korea’s recent successfultest-launch of a submarine-launched ballistic missile (SLBM).But many observersare calling for a more circumspect approach, noting the weak rationale amid adebate over whether the introduction would violate the principle ofdenuclearizing the Korean Peninsula - as well as the more practicalimpossibility of introducing the submarines without US approval.

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

Executionfor disrespecting Jong-un confirmed

North Korearecently executed one of its top cabinet officials for disrespecting leader KimJong-un, the Unification Ministry said Wednesday.

Kim Yong-jin, North Korea’s cabinet vicepremier, was confirmed by the government to have been executed by firing squadin July on charges that he sat arrogantly during a meeting of the rubber-stampparliament presided over by Kim Jong-un, incurring Kim’s wrath...  .

Jejufarmers find sunny side of global warming

Things areheating up on the subtropical island of Jeju as temperatures progressively riseand local farmers try their hands at growing tropical crops on a scale thatwould previously never have been possible...

Hanjin’sfate in hands of a court

HanjinShipping filed for court receivership and requested the court to ban any salesof its assets. But the government, which is its major creditor, has alreadyplanned out to merge key assets, namely the shipping company’s overseasnetworks, with rival Hyundai Merchant Marine’s in the hope of saving thenation’s shipping industry...

Parkheads to Russia, China at a delicate time

President ParkGeun-hye is playing diplomat-in-chief this month, heading to Russia for asummit with President Vladimir Putin on Sept. 2 and 3 and then to China onSept. 4 and 5 for a Group of 20 meeting...

Journalistaccused of taking bribe is under travel ban

Prosecutorsslapped a travel ban on the former top journalist who is accused of takingbribes from Daewoo Shipbuilding and Marine Engineering (DSME), officiallykicking off a probe that promises to look into “every little detail.”...

U.S.report details North’s human rights abuses

The U.S. StateDepartment submitted a report to Congress detailing human rights violationsinvolving overseas North Korean workers who are subject to harsh labor withoutdue pay by the Pyongyang regime...

Seoulshops for anti-sub aircraft

The SouthKorean military may buy four cutting-edge antisubmarine patrol aircraft in thewake of the successful test-firing of a submarine launched ballistic missile(SLBM) by North Korea last week, a senior government official told the JoongAngIlbo Tuesday...

Thirdconfirmed cholera case to come from Geoje

As healthauthorities scramble to figure out how two patients were domestically infectedwith cholera late last month, yet a third patient was confirmed Wednesday. Likethe two previous cases, the third patient said he felt nauseous after eatingseafood...

Salesdrop after tax cuts expire

After extendedindividual tax cuts on vehicles expired in June, the local economy immediatelyshowed signs of weakening. Domestic demand indicators, including consumption...

Falldiscounts set to spur demand

The Ministryof Trade, Industry and Energy is holding a national shopping promotion fromSept. 29 to Oct. 9 called Korea Sale FESTA. Last year’s grand sale, Korea BlackFriday, also took place from late September to mid-October...

Seoulcourt designates guardians for Lotte founder

A Seoul courton Wednesday named a pro bono attorney group and a former chief of the SeoulHigh Court as guardians of Shin Kyuk-ho, the 95-year-old Lotte Group founderand general chairman...

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

[Next Year's Budget Surpasses 400 TrillionWon] Modest Budget Ignoring 'Fiscal Role,' Limits in “Welfare Without RaisingTaxes”

The nation's budget will exceed 400 trillion won for thefirst time next year. The government said, "We have opted for anexpansionary budget," but the gener···

[Cheong Wa Dae Raises More AllegationsConcerning Song Hee-young] Ruling Party and Cheong Wa Dae Continue to RaiseAllegations as if 'Planned,' Triggering Suspicions of Political Sabotage

On August 30, Cheong Wa Dae revealed that Song Hee-young,former editor-in-chief of the Chosun Ilbo, who allegedly enjoyed a luxurioustrip provided by Daewoo S···

[Column] Is Moon Jae-in’s Goal to Become thePresident?

The image of former leader Moon Jae-in caught on cameraat the Minjoo Party of Korea’s convention on August 27 was impressive. Hissmiling face just lit up. Lo···

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

OceanShipping Rates Skyrocket Following Hanjin's Receivership Announcement

Just one daybefore Hanjin Shipping, Korea's largest shipping firm, filed for a courtreceivership with the bankruptcy court judges in the Seoul Central DistrictCourt on August 31, the company stopped running all container ships out ofKorean ports. As the news spread, ocean freight rates shot up m... 

Korea'sSemicon IP Firms Participate in 2016 SMIC Technology Symposium in Shanghai

Korea'sleading semiconductor intellectual property (IP) supplier firms will jump intothe Chinese market, the world's largest market of its kind. Semiconductor IPcompanies develop semiconductor architecture designs and sell them on themarket. ARM Holdings of Britain, one of the largest in the wor...

JapaneseShipbuilders to Form Alliance to Compete Heads-on with Korean Shipyards

Four leadingJapanese shipbuilders including Mitsubishi Heavy Industries are pushing forwardwith a plan to pool their resources in efforts to compete more effectively withtheir Chinese and Korean rivals. According to the Nikkei and other Japanesenewspapers on August 31, Mitsubishi has entered neg...

Korea'sWage Gap between College and High School Graduates Is Lower Than OECD Average

The wage gapbetween college and high school graduates in Korea is lower than that of otherOECD countries. According to a comparison analysis by the Ministry ofEmployment and Labor on August 29, the wage gap between college and high schoolgraduates in 31 OECD countries averaged at -56. This mean...

AnamElectronics Soon to Complete Expansion Project of Its Vietnamese Plant

AnamElectronics said on August 31 that the expansion project for its Vietnameseplant would be completed within next month. A company official said, "Thesecond floor construction will be finished in September this year. Bystabilizing operations of our production base, we expect to raise the cost...

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

Morecases of Samsung Note7 explosion reported by users

Multiple casesof Samsung's new flagship smartphone Galaxy Note7 exploding have been reportedworldwide, triggering an online debate in less than two weeks after the new gadgetwas unveiled globally. Four cases have been cited so far at …

Dogfarmers demonstrate in protest at animal protection…

More than onethousand farmers breeding edible dogs braved a driving rain to hold a rarerally Wednesday in protest at a parliamentary move to revis…

Lottefounder placed under guardianship of independent …

The ailinghead of Lotte, South Korea's fifth largest family-run conglomerate was placedunder the guardianship of an independent law firm…

HyundaiMerchant Marine to acquire Hanjin Shipping's pr…

HyundaiMerchant & Marine will be allowed to acquire some prime assets from HanjinShipping to maintain the compet…

SouthKorea on guard against shock in shipping industry

South Koreawas put on full guard Wednesday to minimize an industrial shock after Hanjin…

Seoulconfirms execution of North Korean vice premier

A North Koreanvice premier in charge of education has been executed with two other seniorofficials sent to re-education camps, the South…

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

SamsungElectronics unveils Gear S3 with more traditional watch features

South Korea’stech giant Samsung Electronics Co. on Wednesday (local time) unveiled itslatest smartwatch, the Gear S3, in Berlin in hopes that the new wearable deviceboasting a touch of...

HanjinShipping’s strong assets may go under Hyundai Merchant Marine

South Koreanauthorities are mulling the option of having Hyundai Merchant Marine Co., thecountry’s second-largest container...

HanjinShipping bonds become worthless as it heads for court receivership

Amid growingpossibility of South Korea’s Hanjin Shipping Co. heading for court receivershipafter creditor banks rejected the...

Posco’sauto steel sheet production line in Thailand ready to run

South Korea’sbiggest steelmaker Posco Co. has completed the construction of its continuousgalvanizing line (CGL) in Thailand...

KoreaPost to acquire Natixis’ HQ building in Paris for $21 mn

Korea Postplans to acquire a Paris building headquartered by global investment bankNatixis S.A. for around 230 billion won...

Korea’speer-to-peer payment app sets new milestone

Korea’speer-to-peer mobile payment service app TOSS has achieved a new milestone,reaching 1 trillion won ($893 million) in...

Korea’sfinancial firms to provide $150 mn acquisition financing to Ping An

South Korea’sfinancial institutions including NH Investment & Securities Co. and ShinhanInvestment Corp. will be providing...

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