The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Monday, September 19, 2016

Your Excellency:

Here are The KoreaPost notices and around up of important headlines from all major Korean-languagedailies, 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/)

TopDiplomats of S. Korea, US, Japan Call for More Pressure on N. Korea

The topdiplomats of South Korea, the U.S. and Japan met in New York on Sunday on thesidelines of the upcoming UN General Assembly and discussed how to deal withNorth Korea's fifth nuclear test carried out earlier this month. The threeforeign ministers adopted their first joint statement in ten years, calling fora tougher set of sanctions than previous measures, which the Pyongyang regimeflouted with an underground atomic test.

S.Korea's Chun In-gee Wins Evian Championship with Record Score

Chun claimedher second LPGA title at the final major of the season with a combined 21-under263 at the Evian Resort Golf Club in Evian-les-Bains on Sunday, four strokesahead of her compatriots Park Sung-hyun and Ryu So-yeon.

MainOpposition to Merge with Democratic Party

The mainopposition Minjoo Party of Korea (MPK) will announce a merger with theDemocratic Party on Sunday.

A Minjooofficial told the Yonhap news agency that the leaders of the two parties haverecently agreed on a political integration, but have yet to decide on how toproceed with the integration.

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

S.Korean Chun In-gee wins LPGA major in record-breaking fashion

South KoreanChun In-gee captured the final LPGA major of the season in record-breakingfashion on Sunday in France.

Chun, worldNo. 7, enjoyed a wire-to-wire victory at the Evian Championship at EvianResorts Golf Club, shooting 21-under for the four rounds to set the 72-holescoring record at any golf major, men's or women's.

Seoulstocks open higher on eased worries over U.S. rate hike

The benchmarkKorea Composite Stock Price Index (KOSPI) rose 1.30 points, or 0.07 percent, to2,000.66 in the first 15 minutes of trading.

S.Korea's underground economy bigger than other OECD countries': paper

The size ofSouth Korea's underground economy is equivalent to 10 percent of the nation'sgross domestic product, while tax evasion amounts to 3.7 percent, much higherthan they are in other advanced countries, a research paper said Monday.

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

Afternuke test, two Koreas to clash at UN

The two Koreasare poised to face off at the UN this week as tension continues to intensifyfollowing Pyongyang’s lates...

Samsungto roll out Galaxy Note 7 replacements this week

SamsungElectronics will begin rolling out replacements of the Galaxy Note 7 in SouthKorea and...

Disasterzone designation mulled for Gyeongju

The governmentand the ruling Saenuri Party on Sunday held an emergency meeting and decided to...

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

Morethan 100,000 foreign students now study in S. Korea

Data providedby Higher Education in Korea (www.academyinfo.go.kr) showed the landmark numberbeing reached as of April 1, with 104,262 students enrolled in local schools.

Gyeongjumay become disaster area

The governmentand ruling Saenuri Party are considering designating the southeastern city ofGyeongju, which was hit by two strong earthquakes last Monday, as a specialdisaster area. The quakes - measured at magnitudes 5.1 and ...

'NorthKorea will collapse regardless of nuclear weapon'

PierreRigoulot, the head of Institut d'Histoire Sociale, told Yonhap News Agency inParis on Thursday that the key to handling Pyongyang's nuke standoff iscentered on improving the country's human rights conditions. He also st...

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

K-fashiongoes beyond Asia to America and Europe

An exhibitionvenue in SoHo neighborhood in New York on Wednesday (local time) gathered some300 fashion buyers from America’s hi…

'DonaldTrump is beyond repair,' says former U.S. secretary

College ofWilliam & Mary Chancellor and former U.S. Secretary of Defense Robert Gatesfired his harshest language on his contrib…

Society,patriotism become keywords of blockbusters

A study showsthat movies about social implications or patriotism are gaining popularity forthe recent five years. According to …

Seoulseeks to mobilize international collaboration

Havingagonized over how to resolve the North Korean nuclear issue during the Chuseokholiday, South Korean President Park Geun-h…

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

Ex-U.S. Military Leader Suggests PreemptiveStrike on N.Korea

A former U.S. military leader has called for a preemptivestrike on North Korea to punish it for its fifth nuclear test earlier thismonth. Mike Mullen, a former chairman of the U.S. Joint Chiefs of Staff, wasspeaking at a seminar hosted by the U.S. Council on Foreign

Which Vegetables Are Better Eaten Cooked?

A common view is that vegetables are best eaten raw or asa salad to get the maximum benefit, but in fact some are more nutritious andmore easily absorbed stir-fried. One is eggplants, which help lower bodytemperature and prevent aging.

Eye Aliments Differ in Men and Women

Lifestyle differences result in men and women sufferingfrom different types of eye diseases. Some 1.47 million women were treated fordry eyes in 2015, 2.1 times the number of men, according to data by theNational Health Insurance Corporation.

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HanKyoRehShinmoon (http://english.hani.co.kr)

Insidersays Google map data export would damage local industry ecosystem

President ofSouth Korean navigation app argues that releasing data to Google wouldn’t boostjobs or tax revenue

The presidentof the company behind the South Korean navigation app Kimgisa spoke out onSept. 12 over the controversy surrounding Google’s request to be provided mapdata.Park Jong-hwan, whose startup Loc&All developed the app, said futureservices like Kimgisa would not be possible if the request were accepted, claimingthe move would damage the industry ecosystem without generating more jobs orincreasing tax revenue.

Morethan one fifth of solo-dwelling women in Seoul reside in unsafe flophouses

Just over oneout of five (21.5%) young women living by themselves in Seoul reside in astudio apartment or a flophouse (a boarding house with small rooms, calledgosiwon in Korean) a recent survey found.The largest group of respondents, or31.9%, were living in a category of apartments that are less than four storieshigh, while just 13% were living in a category of apartments with five storiesor more, which tend to have security facilities.

Economically,S. Korea is reminiscent of Japan, but different in important ways

From a lowbirth rate and an aging society to a decline in the potential growth rate - theissues facing the South Korean economy as it loses steam are becomingstartlingly reminiscent of the precursors to Japan's two-decade-long recession.Is the economy being drawn into an endless tunnel? The International MonetaryFund (IMF) says no. According to its diagnosis, the South Korean situation mayseem to have parallels with Japan's, but differs in a few important respects.

SouthKorea’s elderly income inequality highest in OECD

Incomeinequality among elderly South Korean is the highest in the OECD, a new studyshows.The problem stems from the fact that four out of ten elderly workers earnbelow the minimum wage or otherwise suffer from severe poverty.

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

Recallof Note7s begins today

Recalls forthe Galaxy Note7 begin today in Korea through all the three mobile carriers.

Recalls in theUnited States start on Wednesday.

The earlier acustomer bought the phablet, the sooner he or she will get a new Note7 with aguaranteed “problem-free” battery. Samsung advises customers check oninventories of replacements before visiting a smartphone vendor - SK Telecom,KT and LG U - for a recall…  .

Banto return to Korea as soon as UN job ends

UNSecretary-General Ban Ki-moon met the Korean National Assembly speaker andruling and opposition party floor leaders…

Chinesetourist fatally stabs woman on Jeju

A 61-year-oldwoman stabbed by a Chinese tourist while praying at a cathedral on Jeju Islandwas pronounced dead…

Whenbig companies leave, the little guys struggle

A former CEOsurnamed Kim recently closed down his factory that supplied electronic parts toautomakers…

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

[North Korea's 5th Nuclear Test: PresidentPark Meets with the Leaders of the Ruling and Opposition Parties] PresidentPark, "The Korean Peninsula Is at Risk of War"

President Park Geun-hye and the leaders of the ruling andopposition parties met at Cheong Wa Dae on September 12 and exchanged views onour response to security threats due to North Korea's fifth nuclear test and onways to improve the nation's economy and the economic situation of theindividual citizens, but ended up only confirming their differences.

[Strongest Ever Earthquake in Korea] AMagnitude 5.8 Earthquake Hits Gyeongju: Operation of Wolsong Nuclear PowerPlant Manually Halted

The most powerful earthquake ever to hit the KoreanPeninsula occurred in Gyeongju, Gyeongsangbuk-do, sending tremors throughoutthe entire peninsula. Korea Hydro & Nuclear Power manually stoppedoperations of Wolsong nuclear power plant units 1-4 this day due to the impactof the earthquake. However, they did not cease operations at Shin Wol-songunits 1 and 2 for they were located in an area with different characteristicsto Wolsong 1-4.

[North Korea’s 5th Nuclear Test: FurtherSanctions] No Solution in Sight with "Stronger Sanctions"

The South Korean government chose stronger sanctions inresponse to North Korea's fifth nuclear test.

Despite that the government's sanctions and hardlinestance have led to advances in North Korea's nuclear ability, with North Koreaexpected to place its nuclear weapons in combat at any moment now, there was nochange in the government's strategy.

[Trust in the Judicial System Crumbles]"Sponsored" Prosecutor Makes a Fool of the Prosecutors' Self-Reforms,More Support for Reforms Led by Outsiders

The Prosecutors' Office released self-reform measuresafter a string of corrupt prosecutors were involved in alleged bribery toprevent similar incidents, but they have not been effective. Experts claim thatthe problem lies not in the morality of the individual prosecutor, but in theabsolute power enjoyed by the prosecutors.

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

3,300Elite Government Officials Left Their Jobs Since 2014 Sejong Relocation

More and moremid-level government officials are leaving their positions for more lucrativejobs in the private sector. Since September 2012 when most government agenciesmoved to Sejong City, the de facto administrative capital city 120 kilometerssouth of Seoul, things have begun changing. To make...

MortgageLoan Balance in Seoul Met Area Claims 62% in Total

Of the totalbalance of mortgage loans made out by deposit-taking institutions includingcommercial banks, 62 percent were accounted for by those in the Seoulmetropolitan area.

Fourout of Ten Hyundai Cars Sold in Europe SUVs and Vans

The share ofsports utility vehicles and vans in Hyundai Motor's European sales broke the40-percent level. According to industry sources on September 18, Hyundai Motorsold 323,503

PrivateEconomic Think Tank Predicts Next Year's Growth Rate at 2.6%

HyundaiEconomic Research Institute predicted next year's economic growth rate to be2.6 percent. The private economic think tank said this based on the outlook ofweak domestic consumption recovery although the export sector may pick upslightly thanks to the steadily improving global economy.

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

Chineseinvestors show no more interest in South Korean gaming industry

Chineseinvestors are turning back from South Korea's gaming industry which used to bethe target of aggressive mergers and acquisitions by takeover artists fromAsia's largest economy, a state survey showed Friday. From 2010 to 2014, Ch…

Samsungto resume normal smartphone sales at home this month

SamsungElectronics will resume sales of its flagship Galaxy Note 7 smartphones withnew batteries this month at home almost three weeks after sales were suspendedglobally.

Earthquakeinjures 14 people, causes slight damage in South Korea

South Koreareported slight damage Tuesday from a 5.8-magnitude earthquake in itssoutheastern region that left 14 people injured. Four reactors in a nuclearpower plant suspended operations for safety checks.

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

SamsungElectronics sells stakes in ASML, Seagate, Rambus and Sharp

South Korea’selectronics behemoth Samsung Electronics Co. announced on Sunday that it hassold stakes in Dutch semiconductor equipment maker ASML Holding ASML HoldingNV, U.S.-based HDD company Seagate Technology Plc, U.S. semiconductor designcompany Rambus Inc. and Japanese Sharp Corp.

S.Korean gov’t to push to establish futures exchange of freight charges in Busan

The SouthKorean government would push for the establishment of futures exchange offreight charges next year at the earliest, as part of its efforts to come upwith a means to eliminate price fluctuations caused by changes of internationaloil prices and trade volume, and nurture relative businesses.

SamsungElec vice chairman Jay Y. Lee meets India`s Prime Minister Narendra Modi

Jay Y. Lee,vice chairman of Samsung Electronics Co., who became the legal chief of SouthKorea’s largest conglomerate and household company, visited India and metIndia`s Prime Minister Narendra Modi on Thursday (local time). India is one ofstrategic production bases of the electronics behemoth, along with Vietnam andChina. The company has considered expanding investments in the country.

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