September 23, 2016

The Koreandaily media headlines and humor

Friday,September 23, 2016

Your Excellency:

Here are TheKorea Post notices and around up of important headlines from allmajor Korean-language dailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

A quickroundup of major news stories from the Korean news media today:

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

GyeongjuDesignated as Special Disaster Zone

South Korea has designated the earthquake-hit GyeongjuCity and surrounding areas in North Gyeongsang Province as a special disasterzone. 

FinancialSector Labor Unions to Go on Strike Friday

The banking sector is in emergency mode as financialsector labor unions have announced they will stage a general strike on Fridayin protest of the planned introduction of a performance-based wage system.

Park: N.Korea Not to Return to Nuclear Dialogue

President Park Geun-hye has strongly denounced NorthKorea’s leadership for being indifferent about the people’s lives and solelyfocusing on maintaining power and pursuing its self-interests. During a meetingwith her key secretaries, she said that there will be no denuclearization talkswith North Korea and the issue of its WMD program will be dealt with at the UNSecurity Council.

Korean Airto Issue CoCo Bonds Worth $300Mn

Korean Air said Thursday that it will issue contingentconvertibles, also known as CoCo bonds, worth some 300 million U.S. dollars.The bond's maturity is 30 years.

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

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

Gov'tdesignates quake-hit Gyeongju as special disaster zone

The South Korean government on Thursday designatedGyeongju as a special disaster zone after the city was hit by the nation'sstrongest earthquake on record last week

Strategicbombers made closest-ever flight to N. Korea: U.S. military

Two U.S. Air Force B-1B strategic bombers this week madethe closest-ever flight to North Korea to warn the communist country againstany further provocations, the U.S. Pacific Command (USPACOM) said Thursday.

IOCPresident Thomas Bach hails 'time of Asia' at regional sports ministers'meeting

Thomas Bach, president of the International OlympicCommittee (IOC), hailed a "time of Asia" in the Olympic Movement onThursday as South Korea opened the inaugural meeting of sports ministers amongNortheas Asian neighbors.

S. Korea,China nuclear envoys discuss N.K. nuke countermeasures

The nuclear envoys of South Korea and China met onThursday and discussed countermeasures against North Korea's recent nuclearprovocation.

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

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

Park vows‘new, strong’ sanctions against Pyongyang

South Korean President Park Geun-hye on Thursday vowed tofocus on crafting “new and strong” international sanctions against Pyongyang,saying Seoul will do all it takes to end North Korean leader Kim Jong-un’s“maniacal” obsession with nuclear arms.

US sendsbomber, steps up vigilance against NK

The US Air Force on Wednesday deployed its B-1B strategicbomber from Andersen Air Force Base, Guam, to South Korea, in a move seen as ashow of force against belligerent North Korea and a demonstration of theSeoul-Washington alliance.

Gyeongjuto be given disaster zone status

The government and ruling Saenuri Party decided Wednesdayto designate quake-stricken Gyeongju, North Gyeongsang Province, a specialdisaster zone as the historic city suffered from the country’s strongest quakeon record last week and more than 400 weaker aftershocks since.

Lawmakers,government spar over US nuke deployment

Some lawmakers on Wednesday stepped up their calls for aredeployment of US tactical nuclear weapons in South Korea as a countermove tothe North’s evolving threats, though top government officials ruled out itspossibility under the denuclearization principle.

Governmentbraces for industry-level strike by financial workers this week

Tension is growing between South Korean financialauthorities and the trade unions of financial institutions ahead of anindustry-wide labor strike slated for Friday.

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

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

Can tallbuildings withstand quakes?

After a series of earthquakes hit the southern regions ofKorea, many residents of tall buildings are now wondering whether their homesare safe enough to withstand one that hits them.

Quake-hitGyeongju designated as special disaster zone 

The Korean government on Thursday designated Gyeongju as aspecial disaster zone after the city was hit by the nation's strongestearthquake on record last we...

Partiesclash over scandal involving Cheong Wa Dae 

Suspicious deals surrounding a 60-year-old woman who hasreportedly “served” President Park Geun-hye for a long time are emerging as ahot-button political is... 

'Don'tdisrupt minister's sleep if a quake occurs deep at night,' advises crisismanual 

Amid rising fears of earthquakes, ridiculous andunreasonable response guidelines in state crisis ...

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

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

WhiteHouse negative about nuclear weapons in S. Korea

The White House has rejected calls in South Korea forSeoul’s nuclear armament or redeployment of U.S. tactical nuclearweapons."…

CJ KoreaExpress to invest 111 mil. dollars in parcel sorting

CJ Korea Express, Korea’s largest logistics company,announced on Thursday that it will invest 122.7 billion won (approx. 111.12 …

OhSeung-hwan dressed up as Luigi of Super Mario

There is a rite of passage that all rookies of the MajorLeague Baseball must undergo, which is called “Rookie hazing.” “The Fina…

Pres. Parkcriticizes sunshine and appeasement policies

President Park Geun-hye criticized the opposition parties’request on Thursday to hold dialogues with Pyongyang, saying, “The rec…

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

ChosunIlbo (http://english.chosun.com)

Setbackfor Korea as Homegrown Chopper Fails Safety Test

The Army has stopped taking delivery of Korean-madehelicopters once touted as the crown jewels of the domestic arms industry afterthey failed a safety test in the U.S. About 50 of the KUH-1 Surion helicoptershave already been deployed warfare-ready.

GyeongjuRattled by Another 6 Aftershocks

Six aftershocks rattled the historic city of Gyeongju onWednesday ranging in magnitude from 2.1 to 3.5.

KoreaFaces Growing Cyberattacks from China

More than 10,000 cyberattacks from China have targeted theNational Computing and Information Service this year. No data have been stolen,according to the Interior Ministry.

CensusShows Rapidly Aging Society

The latest census published by Statistics Korea early thismonth shows a rapidly aging society.

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

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

In “HellJoseon”, government income redistribution efforts fall short

Two new coinages, “Hell Joseon” and “dirt spoon,” havebecome symbols of the reality in South Korea today. They reflect a very realsense of despair that extreme polarization in income and assets have resultedin the South Korean economy finally reaching the point of hereditarycapitalism.

How doesJapan justify keeping such a huge stock of plutonium?

Japan‘s decision on Sep. 21 to shut down its Monjufast-breeder reactor, which had served as a pretext for holding plutonium, isexpected to create more controversy in East Asia, which is already embroiledwith conflict because of North Korea’s nuclear program. Another question is howJapan will manage to retain its supply of plutonium after closing the Monjureactor.

Newlydisclosed records show that five companies imported 10 million tons of GMOs

Records of companies’ imports of genetically modifiedorganisms (GMO) have been made public for the first time over the objections ofthe government, which had refused to disclose the records, which it argued werebusiness secrets. The disclosure followed a ruling by South Korea’s SupremeCourt that consumers’ right to choose their food must be guaranteed.

UN says$28.2 million needed for flood relief in North Korea

The UN is beginning full-scale efforts to provideassistance to northern North Hamgyong Province in North Korea, which recentlysuffered the worst flood damages in its history.

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

JoongAngIlbo (conservative)(http://koreajoongangdaily.joins.com/)

HanjinShipping gets more relief to resolve crisis

Hanjin Shipping may be able to secure 160 billion won($143 million) in funding, just 10 billion won short the amount that governmentofficials say is needed to resolve its global cargo crisis.

Parkattacks ‘Sunshine Policy’ after 5th test

President Park Geun-hye harshly rebuked the Kim Dae-jungadministration on Wednesday for having offered money to North Korea in returnfor dialogue, and ultimately financing the regime’s nuclear arms program.

TroubledYeongnam retracts support for Saenuri

“There is nothing worth listening to in the president’s words,” KimJong-nam, a 53-year-old housewife, said on Wednesday. “She doesn’t say if thenuclear plants are safe and she doesn’t say what she will do when anotherdisaster hits.”

Milksupplier plans to cut prices

Seoul Dairy Cooperative said it will lower delivery pricesof five products from Seoul Milk’s Na100% line, starting Oct. 1.

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

TheKyungHyang Shinmoon (http://english.khan.co.kr/)

[Editorial]Government Continued to Build Nuclear Power Plants Despite the Risks of an 8.3Magnitude Earthquake

The government, Cheong Wa Dae, and the ruling party held ameeting of senior officials and decided to declare Gyeongju, Gyeongsangbuk-doas a special disaster a···

[After theComfort Women Agreement] Plans for First "Girl of Peace" Statue inEurope Canceled Due to Pressure from Japan

Suwon-si in Gyeonggi-do and its citizens had tried toerect the first Girl of Peace statue in Europe in Suwon's sister city, Freiburg,Germany, but plans were ···

[GyeongjuEarthquake: Fear Spreads] 'This Proves that the Yangsan Fault Is Active'Belated Response at Wolsong and Kori Nuclear Power Plants

An intense debate on the activities of the Yangsan Fault,near the Gyeongju, Gyeongsangbuk-do region, is heating up as a 4.5 magnitude

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

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

Dark Sidesof Haenam County's Bold Experiment to Raise Birthrate

A grant of 3 million won (US$2,700) is given to familiesthat give birth to a first child. For a second and third child, anothergenerous gift money of 3.5 million won ($3,200) and 6 million won ($5,400) isgiven out. For couples with pregnancy problems, money for fertility tests andsurgeries is pa... 

Foreigners'Online Purchases of Korean Goods Falls Far Short ofExpectations...Parliamentary Probe

A parliamentary probe revealed the amount of onlinepurchases made by foreigners in Korean retail websites is negligible comparingto what Korean nationals spend on buying things from overseas online sites.Rep. Shim Jae-cheol (New Frontier Party) said based on data submitted by theKorea Customs Of...

ChineseGov't Allows Coal Producers to Increase Output in the Face of Steel IndustryWoes

The Chinese government has allowed the nation's coalmining companies to increase their output. With this decision, the world'ssteel makers breathed a sigh of relief. According to Bloomberg on September 22,the Chinese National Development and Reform Commission recently gave apermission to Shenhua...

Cosmetics,Duty-free and Travel Stocks Remain Weak despite Upcoming Chinese Holiday

Despite China's upcoming biggest holiday, called theNational Day holiday, Korea's cosmetics, duty-free, and travel stocks which aresensitive to the level of Chinese consumer spending, still remain weak.Interest is growing over when such "Youke” (Chinese travelers)-sensitivestocks could rebound ...

HyundaiMerchant Marine to Put Replacement Ship on European Routes

Hyundai Merchant Marine decided to deploy a replacementvessel to substitute vessels affected by Hanjin Shipping's receivership applicationeven on European routes following an earlier

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

AJUBusiness Daily (http://eng.ajunews.com/korea)

Bungeejumper free falls 43m with unsecured safety cord

A 29-year-old South Korean woman has jumped off a bungeetower into a lake without a safety cord, but she was rescued, sustaining slightinjuries. The incident took place at Gangchon, a resort area 65 kilometers (40miles) northeast of …

Yahooconfirms hacking of at least 500 million accounts…

At least 500 million accounts were hacked in a cyberattack in late 2014, with information including users' names, email addresses,phone num…

Tobaccofirms rake in more profits from steep price hik…

South Korean and foreign tobacco majors raked inconsiderable profits last year from a steep hike in cigarette prices that tookeffect …

Hyundaihints at high-performance 'RN30' with teaser im…

Hyundai Motors' concept hatchback 'RN30' [Courtesy ofHyundai Motors] Hyundai Motors released a teaser image Thursday for"RN30", the upcoming high-p…

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

MaeilBusiness News Korea (http://www.pulsenews.co.kr/)

PhilipMorris and BAT charged of a$190 mn tax evasion in Korea

Two foreign tobacco majors Philip Morris International andBritish American Tobacco (BAT) are charged of underreporting and evading taxesby the Korean government and could face multi-million-dollar fine on top ofcoughing up unreported income.

GalaxyNote 7 replacements hit 100,000 cases in Korea

More than 100,000 people among owners of SamsungElectronics Co.’s Galaxy Note 7 smartphones in Korea have exchanged theirdevices since the company started offering replacements this week following anumber of incidents of the Galaxy Note 7 phones catching fire due to a batterycell issue.

HanwhaTechwin, P&W to jointly run aircraft engine parts factory in Singapore

Hanwha Techwin Co., a defense and aircraft engine partsmaking unit of South Korean conglomerate Hanwha Group, will acquire 30 percentshares in Pratt & Whitney NGPF Manufacturing Company Singapore Pte. Ltd.(PWMS), a subsidiary of U.S.-based Pratt &Whitney (P&W) that is one ofthe world’s three-largest aircraft engine manufacturers.

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

The KoreaPost is atyour service.

The Korea Post, established 31 years ago in 1985, operatesfive news media outlets, two in the Korean language and three in English.

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

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

(2) A Korean Internet (www.koreapost.co.kr),

(3) An English Internet (www.koreapost.com),

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

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

Send yournews releases and feedback:

Send the Embassy news releases to edt@koreapost.comfor publication by all its five media units, including oneKorean (www.koreapost.co.kr) and one English (www.koreapost.com) Internet dailies, which are updated real-time. (Call 010-5201-1740 for further details.)

저작권자 © The Korea Post 무단전재 및 재배포 금지