The Korean daily media headlines and humor

Friday, December 9, 2016

Your Excellency:

Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

The Korea Post News

Jangdori, a cartoon by Park Sun-chan, Kyunghyang Shinmun, Dec. 9, 2016

Samsung Group Chairman Lee Jae-yong (left) plays a guitar, singing “Riding a horse…”

obviously alluding to the extremely expensive horse ridden by Miss Chung Yu-ra,

the prodigal daughter of Madam Choi Soon-shil now under detention by a

law-enforcement agency for questioning on charges of abuse of the authority of the President.

President Park Geun-hye (center) gets a shot in the arm by Madam Choi (a placenta

injection supposed to help rejuvation of the skin of her cheeks).

A man obviously impersonating Koh Young-tae, an executive of Blue K,

threatens Madam Choi and President Park with ignited

dinamites yelling, “Madam Choi, you are getting saucier everyday!”

The dynamite, in fact, is a hidden carema which has in it a lot of

shady information about Choi and President Park.

Koh now has very short hair after. Koh has made a lot of hot disclosures

against Madam Choi as well as President Park

Well, Koh finally ‘threw’ the dynamite against Park and Choi,

which has figuratively reduced the Presidential Mansion of Cheong

Wa Dae to ashes, and dealt a fatable blow to Madam Choi.

But Park says, “I am OK. I will never give in!”

President Park is clinging on to the statute of her father, the dictatorial

late former President Park Chung-hee,

But he is being pulled down by a rope reading ‘impeachment against the President.’

At 2 p.m. this afternoon (Dec. 9) her fate will be decided whether or not to be impeached for a

number misdemeanor and corruption `charges.

Editor’s note: The English translation of the Korean expressions in the funny strips were done by the

Translator Pool of The Korea Post, and may not accurately correspond to the original Korean expressions.

In such an event, the original Korean-language captions will prevail.

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What’s ticking in Korea today? Here is a quick roundup of important news stories from the major Korean news media today:

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

Lawmakers to Vote on Park's Impeachment at 3:00 PM

South Korean lawmakers are now set to cast their ballots on whether or not the president will be impeached. The vote will take place at the plenary session on Friday at 3:00 p.m.

Kim Bum-soo reports.

DP Refuses to Drop Sewol Disaster from Motion

The main opposition Democratic Party(DP) says it has no intention to negotiate revisions or modify an impeachment motion against President Park Geun-hye.

DP Refuses to Drop Sewol Disaster from Motion

The main opposition Democratic Party(DP) says it has no intention to negotiate revisions or modify an impeachment motion against President Park Geun-hye.

Lawmakers Reported on Impeachment Motion

Lawmakers have been formally reported about the opposition-sponsored motion to impeach President Park Geun-hye.

Saenuri Chief Argues against Impeachment

Prior to Friday's impeachment vote, the ruling Saenuri party is making a last ditch appeal for its proposal to have the president promise to voluntarily resign in April.

Anti-President Rallies Allowed near National Assembly

Protesters calling for President Park Geun-hye’s resignation have gotten a green light to hold rallies on the doorstep of the legislature.

Opp. Reps to Resign if Impeachment Voted Down

Just one day remains until Friday's impeachment vote against President Park Geun-hye. Opposition lawmakers say they are prepared to resign if the motion is defeated. Our Kim In-kyung has more.

Opposition Parties Stage Rally for Park's Ouster

With the parliamentary impeachment vote looming on Friday, opposition parties held a joint rally on Wednesday and reaffirmed their determination to oust President Park Geun-hye. The opposition bloc has also been beefing up efforts to persuade ruling Saenuri Party lawmakers to join their impeachment campaign.

Kim Bum-soo has more.

Military on Alert Ahead of Impeachment Vote

South Korea's Defense Ministry is preparing for the possibility of a new commander-in-chief as early as Friday, but says readiness to respond to any North Korean provocation will remain strong.

New High-Speed SRT Rail Service to Launch Friday

A high-speed railway system linking southeastern Seoul to the southern port cities of Busan and Mokpo plans to launch operations on Friday.

The new Super Rapid Train, or SRT, is cheaper and faster than previous bullet trains, and could cause some ripples in the nation’s rail market.

Our Bae Joo-yon has more.

Bill Calls for Excluding Impeached Presidents from State Perks

An opposition lawmaker has proposed a bill banning official passports and state funeral ceremonies for former presidents who are impeached or sentenced to a prison term for treason or national security-related crimes.

Military on Alert Ahead of Impeachment Vote

South Korea's Defense Ministry is preparing for the possibility of a new commander-in-chief as early as Friday, but says readiness to respond to any North Korean provocation will remain strong.

KOSPI Up To 2,031

The benchmark Korea Composite Stock Price Index(KOSPI) on Thursday climbed 39 points, a gain of nearly two percent, closing at two-thousand-31.

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

U.S. official: N.K. can mate nuclear warhead with missile, trying to master reentry technology

North Korea has already acquired the capability to deliver a nuclear weapon on a missile, and is trying to master atmospheric reentry technology, a senior U.S. military official was quoted as saying Thursday.

N.K. defectors share grisly accounts of prison camps at mock trial in U.S.

North Korean defectors shared grisly accounts of their suffering at political prison camps in the communist nation Thursday as U.S. think tanks and human rights groups jointly held a mock trial aimed at promoting awareness of the problem.

Teen figure skating prospect stumbles to open major junior event

Teenage figure skating prospect Cha Jun-hwan stumbled his way through the opening day of a major junior competition in France.

N.K. defectors share grisly accounts of prison camps at mock trial in U.S.

North Korean defectors shared grisly accounts of their suffering at political prison camps in the communist nation Thursday as U.S. think tanks and human rights groups jointly held a mock trial aimed at promoting awareness of the problem.

U.N. report calls for attention to suffering of Korean separated families

A new U.N. human rights report has called for greater efforts to address the suffering of families separated for more than six decades since the Korean War.

Parliament sets Park's impeachment vote for Friday

South Korea's National Assembly on Thursday officially set the date for the vote on the impeachment of President Park Geun-hye who is at the center of the corruption scandal rocking the country.

Bangtan Boys' 'Wings' makes Fuse TV's 20 Best Albums of 2016 list

The second studio album of South Korean boy group Bangtan Boys (BTS) has been chosen as one of the best this year by a U.S.-based cable and satellite music channel.

Artist seeks meaning of life by painting water

There is nothing much in one of Kim Kyoung-yeoul's recent paintings except for the tranquil surface of water underneath a misty fog and countless submerged pebbles. But somehow, it is powerfully absorbing and gives viewers peace of mind.

South Korea sees steady rise in people living alone

Joan Cho, a 40-year-old office worker in Seoul, has lived alone for some two decades, enabling herself to avoid the seemingly hefty burden of family obligations and continually pursue her professional career.

Yonhap news advisory for Friday, Dec. 9

-- National Assembly votes on President Park's impeachment motion

-- Choi Soon-sil scandal investigation developments

-- S. Korea, China holds six-party talks meeting in Beijing

U.S. official: N.K. can mate nuclear warhead with missile, trying to master reentry technology

North Korea has already acquired the capability to deliver a nuclear weapon on a missile, and is trying to master atmospheric reentry technology, a senior U.S. military official was quoted as saying Thursday.

S. Korea plans IPOs for 8 public energy firms by 2020

South Korea said Thursday that it will gradually complete initial public offerings (IPOs) for eight public energy companies by 2020 to help improve their financial status.

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The Korea Herald (http://www.koreaherald.com)

Opposition threatens to quit if vote fails

South Korea’s parliament will decide Friday whether to impeach President Park Geun-hye, with opposition lawmakers threatening to quit en masse if the vote fails.

Loyalists pin hope on possible 'shy Park' votes

With a day remaining to the crucial vote on President Park Geun-hye’s impeachment, the ruling Saenuri Party’s pro-president faction alluded Thursday that there could be a considerable number of undecided lawmakers who will eventually withhold their vote on the bill.

Korea’s population forecast to decline from 2032

The rapidly aging population in South Korea is projected to start declining from 2032, the government said Thursday.

Opposition plans revision to close parliamentary subpoena loophole

Opposition lawmakers on Thursday proposed legal revisions to close loopholes that allowed a former aide of President Park Geun-hye to evade a parliamentary summons.

EU launches legal action against Germany over VW emissions scandal

The European Commission launched legal action on Thursday against authorities in seven EU nations including Germany and Britain for failing to crack down on emissions cheating exposed by the Volkswagen "Dieselgate" scandal.

UK bans online ads for junk food targeting children

Britain will ban junk food ads aimed at children from both print and social media from next year, the advertising rules watchdog said Thursday, a move welcomed by campaigners against child obesity.

Park remains silent ahead of impeachment showdown

President Park Geun-hye, mired in a high-profile corruption scandal centering on her confidante, remained silent Thursday, as political parties barreled towards an impeachment showdown.

Hanwha hosts offshore wind power conference

Hanwha Engineering & Construction Corp. held the 2016 Offshore Wind Conference in Seoul on Wednesday in a bid to boost cooperation for the Sinan power plant project.

US fades as factor in exports to China: BOK

When China’s exports to the US decline, so do South Korean exports to China. But the trend seems to be weakening, according to new analysis by South Korea’s central bank released Wednesday.

Lee Jae-yong’s bitter debut

In the eyes of South Koreans, Samsung Electronics Vice Chairman Lee Jae-yong has it all.

Born to a father who turned Samsung into a global company and a mother from the nation’s bureaucratic elite, Lee was raised and educated entirely to inherit the electronics empire along with the task of keeping the family legacy.

Tax agency names 2 executives for not reporting overseas accounts

South Korea's tax authorities said Thursday they have made public names of two business executives for not reporting their overseas bank accounts, a practice widely seen as an attempt to avoid taxes.

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The Korea Times (http://www.koreatimes.co.kr)

South Korean President faces impeachment today

Lawmakers from the ruling and opposition parties will vote today on impeaching President Park Geun-hye over corruption and bribery allegations surrounding her.

Park keeps silence ahead of impeachment vote

President Park Geun-hye kept silent Thursday without holding any official events on the eve of a National Assembly vote to impeach her over the unfolding presidential corruption scandal.

Protesters press lawmakers to vote for impeachment

Protesters will hold a massive candlelit rally at the National Assembly on Yeouido, Friday — the day of the vote to impeach President Park Geun-hye over the influence-peddling scandal involving her confidant Choi Soon-sil.

Man tries to set fire to National Assembly

A man in his 70s was caught trying to set fire to the National Assembly to show his anger at a corruption scandal involving President Park Geun-hye and her long-time friend Choi Soon-sil.

Free Korean courses help foreign wives

For foreigners who move to Korea after marrying Korean spouses, learning the Korean language properly and systematically does not come easy.

S. Korea's population to start shrinking in 2032

South Korea's population is expected to start contracting in 2032 amid widespread concerns that the country's chronic low birthrate and aging citizens will undermine growth potential, a government report showed Wednesday.

Testimony at hearing fuels suspicions of Park's bribery

Testimony from Choi Soon-sil's former close associate and business partner, Ko Young-tae, at a National Assembly hearing, Wednesday, is fueling bribery suspicions against President Park Geun-hye.

How the Choi Soon-sil scandal unfolded

A quarrel over a dog made Ko Young-tae speak out on the influence-peddling scandal, which has triggered an impeachment move against President Park Geun-hye.

Kim Ki-choon under fire for flip-flop

President Park Geun-hye's former top aide, Kim Ki-choon, is taking flak after reversing his claims during a parliamentary hearing Wednesday that he did not know who Choi Soon-sil was until recently.

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Dong-A Ilbo (http://english.donga.com)

S. Korean military operation plan infiltrated by N. Korean hackers

It was reported on Thursday that part of the operation plans of the ROK-U.S. Combined Forces to respond to an all-out war against North Korea was leaked.

Trump picks former marine general to head Homeland Security

U.S. President-elect Donald Trump has appointed retired Marine Corps Gen. John Kelly (66) to head the Department of Homeland Security that is full charge of countering terrorism on U.S. mainland.

Park Tae-hwan claims two golds in world swimming championship

South Korean swimming star Park Tae-hwan has won two golds in the world’s short course championship.

Bidders compete for downtown duty free licenses in Seoul

Duty-free shop operators seem relieved, as the eval‎uation process will be conducted as scheduled. They are now making final preparations for the selection of new duty-free locations.

U.S. Supreme Court rules in favor of Samsung in patent case

Samsung Electronics has won an important decision over the value of design patents against Apple. The eight U.S. Supreme Court justices unanimously ruled Tuesday local time that Samsung does not have to pay nearly 400 million dollar verdict, which Apple had won against the Korean manufacturer for copying elements of iPhone design.

Thae Yong Ho's brother serves as Kim Il Sung University president

A brother of Thae Yong Ho, former North Korean deputy ambassador to the United Kingdom who defected to South Korea in August, is well without having been purged. Oleg Kiriyanov, a researcher on North Korea at Moscow University in Russia, told the Dong-A Ilbo on Wednesday, "During his recent visit to the North, I verified that Thae Hyong Chol is still serving the president of Kim Il Sung University and he hosted the university’s 70th founding anniversary ceremony on October 1.

2017 calendar in dilemma

Italian tire manufacturer Pirelli has drawn worldwide attraction every year with its new calendars, which pin up semi-nudes of top models with an artistic touch by profound photographers. This year, Pirelli gained spotlights from around the world by taking an unconventional approach.

Art Basel in Hong Kong kicks off next March

Art Basel’s Asia director Adeline Ooi visited Korea several months ahead of the biggest art fair in Asia. The fifth edition of Art Basel in Hong Kong will open on March 21-25 next year.

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

Office Workers Join Protests Ahead of Impeachment Vote

Protesters braved driving rain in front of the National Assembly in Yeouido on Thursday evening, a day before lawmakers vote on a bill to impeach President Park Geun-hye.

Park Clings to Office

Beleaguered President Park Geun-hye has no intention of quitting voluntarily and will wait for the Constitutional Court to reach a verdict on her impeachment, lawmakers close to her said Tuesday.

N.Korean Defectors Numbers Rise Again

Numbers of North Korean defectors are rising again, and the government here expects them to top 1,400 this year.

Key Suspects Dodge National Assembly Grilling

Only 14 out of 27 suspects in the massive corruption scandal that has engulfed President Park Geun-hye showed up at a National Assembly hearing on Wednesday.

Sex Slavery Victim Dies Aged 94

Another victim of imperial Japan's conscription of sex slaves for troops in World War II has died without seeing justice done.

N.Korean Shoppers Favor Easily Hidden SD Cards

Easily concealed memory cards and teddy bears are the most popular goods among North Koreans who shop in the Chinese border trade hub of Dandong, the Cankao Xiaoxi daily reported Wednesday.

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

Throughout Choi Sun-sil scandal, a slew of lies and cover-ups by the Blue House

The lies just keep coming. There are lies to cover up for lies, and more lies to distract people from the lies that have already been found out. That’s how the Blue House has been coping with the Choi Sun-sil scandal.

Pres. Park pledges to fight the people’s will to the end

On Dec. 6, just three days before a vote will be held in the National Assembly on a motion for her impeachment, President Park Geun-hye effectively declared war on the people.

KDI warns of possibility of steep economic downturn

The Korea Development Institute (KDI), a South Korean public research institute, has warned of the possibility of a sharp downturn in the economy.

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

From a low birth rate and an aging society to a decline in the potential growth rate - the issues facing the South Korean economy as it loses steam are becoming startlingly reminiscent of the precursors to Japan's two-decade-long recession.

What is the fate of Samsung’s Future Strategy Office?

Eight years after the Samsung special prosecutor’s investigation, the group control tower of the Future Strategy Office is once again facing the threat of closure.

With Samsung on the way out, calls growing for FKI’s dismantlement

Calls for the dismantling of the Federation of Korean Industries (FKI) are growing louder after key member company Samsung announced its departure. FKI has moved to gather opinions from member companies in response.

Volkswagen slapped with historic fine over emissions tampering

Volkswagen is facing the stiffest penalties in history over violations of South Korea’s Fair Labeling and Advertising Act over the controversy in which the German automaker drew worldwide censure for manipulating emission reduction devices to only operate normally during diesel car certification testing.

Nissan, BMW and Porsche found to have fabricated documents of cars sold in Korea

Nissan Korea, BMW Korea, and Porsche Korea are latest automakers identified as having fabricated authentication documents for import sales after a scandal involving Volkswagen.

As the Sewol ferry sank, Pres. Park was having her hair done

Park Geun-hye’s whereabouts have been unaccounted for during the seven hours from 10 am on Apr. 16, 2014, when she received the first report about the Sewol ferry sinking, until 5:15 pm, when Park appeared at the government disaster response headquarters.

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

Impeachment motion to be voted on today

The fate of President Park Geun-hye, brought low by a humiliating corruption and abuse of power scandal, will be decided this afternoon as the National Assembly votes on a presidential impeachment motion.

Shrinking of Korea’s population accelerates

Korea’s long-term problem of a shrinking population is expected to get worse after the government’s campaign to encourage families to have more kids turned out to be shooting blanks.

Protest allowed at Assembly gate

Chung Sye-kyun, speaker of the National Assembly and former lawmaker of the main opposition Minjoo Party of Korea, announced Thursday he would allow a “peaceful protest” to be held outside the front gate of the parliament today, stretching a domestic law that prohibits rallies within 100 meters (328 feet) of major government offices, including the National Assembly and the Blue House.

Galaxy S7 helps propel a market comeback

After Samsung Electronics decided to discontinue its troubled Galaxy Note7 model in October, the smartphone maker quickly turned to its older Galaxy S7 Edge to cement its lead in the Korean market, and the effort seems to be paying off.

Big companies spend less on R&D

The portion of gross domestic product taken up by research and development spending shrank in 2015 for the first time in 14 years, the Ministry of Science, ICT and Future Planning said Thursday.

Coupang’s delivery service at a crossroad

Coupang, a mobile shopping platform in Korea known for its free same-day delivery service and eponymous “Coupang men,” has received much praise from customers for its speed and reliability, but the service’s popularity has also led to astronomical operating losses, raising questions about the sustainability of its business model.

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The KyungHyang-Shinmoon(http://english.khan.co.kr/)

"Choi Soon-sil Purchased 100 Outfits and 40 Handbags for the President"

The second hearing in the parliamentary investigation of the Choi Soon-sil case was conducted by a special parliamentary committee at the National Assembly on December 7. Key witnesses including Choi Soon-sil, Cheong Wa Dae's "doorknob trio" including the president’s former personal secretary Jeong Ho-seong, and former Senior Secretary for Civil Affairs Woo Byung-woo did not appear before the lawmakers this day. Former Chief of Staff Kim Ki-choon and former Second Vice Minister of Culture, Sports and Tourism Kim Chong appeared as witnesses, but consistently denied the numerous allegations or claimed they did not know.

I Recommended a Minister to Choi and It Went Through... I Wondered If There Could Be Such a Person”

Cha Eun-taek (47), former head of the Creative Economy Initiative and also a close acquaintance of Choi Soon-sil (60) said that he realized the power of Choi after he witnessed a person he recommended to Choi be appointed as minister during a hearing of the parliamentary investigation of the Park Geun-hye, Choi Soon-sil scandal at the National Assembly on December 7. Cha also said Choi personally suggested that they prepare their answers for a possible investigation by prosecutors, when he had fled overseas.

President Park Had Her Hair Done When the Sewol Sank

On December 6, it was confirmed that President Park Geun-hye had summoned her personal hair stylist to Cheong Wa Dae and had her hair done before visiting the Central Disaster and Safety Countermeasures Headquarters on the day of the Sewol accident. Cheong Wa Dae admitted that the president "had her hair trimmed for twenty minutes." This revealed that Cheong Wa Dae's previous explanation, that no outsider had entered the presidential residence on the day of the accident, was false.

Impeachment Caught in a "Trap" Angry Public, "Let's Go to Yeouido!"

A political attempt to impeach the president has come across some challenges. Plans to table an impeachment initiative for President Park Geun-hye at the National Assembly may not go as scheduled.

Cheong Wa Dae and Saenuri Try to Overturn the Public Sentiment: They Still Haven't Learned

The political situation is changing according to President Park Geun-hye's intentions. After her third statement to the nation, politicians have divided over how the president should step down.

A Threat, Not an Apology,” “Kicked out Her Last Chance,” “A Really Bad President”

On November 29, President Park Geun-hye put the decision concerning her resignation in the hands of the National Assembly in a statement to the nation, triggering criticism from the civil society as "a trick to buy time and pass the responsibility onto someone else."

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The Korea Economic Daily (http://english.hankyung.com/)

$45 Bil. Iranian Projects Turn out to Be Mirage

The government's announcement of orders worth more than US$45 billion following a Korea-Iran summit meeting held in May this year in relation to infrastructure projects was mostly exaggerated. The Presidential Palace had said at the time that about 30 projects were close to signing the final agreeme...

Government's Exaggerated Claims of Business Diplomacy in Iran Revealed to Be Worthless

The hushed talks of exaggerated claims of the President who singlehandedly brought in deals worth 50 trillion won from a summit meeting with her Iranian counterpart Hassan Rouhani in May this year turned out to be true. Of the 30 infrastructure projects announced by the Presidential Palace, not a si...

Samsung Electronics to Supply Automotive Chips to Tesla

Samsung Electronics will supply automotive semiconductors to Tesla Motors, an American electric car maker. According to electronics industry sources on December 8, Samsung has signed a customized ASIC foundry deal with Tesla. Under an ASIC foundry contract, the chip maker designs, manufactures, and ...

Korea Customs Service Set to Undertake Duty-free Shop License Bidding

The Korea Customs Service is set to pick six more downtown duty-free shop license winners on December 17, including four in Seoul and one each in Busan and Gangwon. According to duty-free shop industry sources on December 8, the customs service notified the selection procedure to the applicants to t...

POSCO Energy Signs $800 Mil. Deal to Build Coal-Fueled Power Plant in Botswana

POSCO Energy has successfully landed a deal worth US$800 million to build a coal-fired power generation plant in Botswana. The company signed an electricity supply deal for the 300-megawatt Morupule B stage 2 Nos. 5 and 6 with Botswana Power Corp. in the nation's capital Gaborone. Under the terms of...

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AJU Business Daily (http://eng.ajunews.com/korea)

Chinese media platform firms under pressure to ban Hallyu

Chinese media platform companies are under stringent pressure and guidelines from state regulators to ban the distribution of all K-pop contents in retaliation for the planned deployment of an advanced US missile shield in South Korea.

Faceless band Standing Egg drops OST for 'Weightlifting Fairy Kim Bok-joo'

Standing Egg, a mysterious trio band known for artistic skills, has dropped a romantic original soundtrack (OST) for a popular TV drama.

Boy group Pentagon drops music video for 'Can You Feel It'

Boy group Pentagon released a new music video for "Can You Feel It" through its official YouTube Channel Wednesday.

Girl group Lovelyz releases new posters for upcoming concert

Lovelyz has dropped two new posters for the girl group's first ever solo concert in January next year.

French company Gaumont to remake 'Train to Busan' in English

Gaumont Film, a French film studio will remake South Korea's zombie thriller "Train to Busan" in English, the film's distributor, NEW, said Thursday.

Samsung and US startup Lucid join hands to develop new EV battery

The battery producing arm of Samsung Electronics, the world's largest smartphone maker, has forged a joint deal with US electric car startup Lucid Motors to develop next-generation cells following a setback in its smartphone battery business.

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

South Korea’s 51 million population to be halved to 26 million 100 years later

A century from now, South Koreans will number no more than today’s North Koreans with population more or less halved to 25.82 million in 2115 from 51.01 million of 2015, according to the government estimate.

Samsung SDI to supply batteries to U.S. electric vehicle startup Lucid Motors

Samsung SDI Co., a battery making unit of South Korea’s largest conglomerate Samsung Group, will be supplying lithium ion battery cells to Lucid Motors Inc., an electric vehicle startup based in California, the United States.

Samsung Heavy eyes $800 mn FSRU orders from Hoegh in Jan

South Korea’s Samsung Heavy Industries Co. is close to landing orders worth $800 million for Floating Storage Regasification Units (FSRU) from Dutch natural gas carrier Hoegh LNG Holdings as early as next month.

South Korea imposes record fine on Volkswagen for advertising false emissions

Audi Volkswagen under scrutiny for emissions-cheating and fabrication of documents in Korea was slapped with record fines from Korea’s antitrust agency for false advertising and its former and incumbent executives with criminal charges.

KDB suspends sale process of Daewoo E&C following audit rejection

South Korea’s state-run Korea Development Bank (KDB) suspended planned sales of Daewoo Engineering & Construction Co. (Daewoo E&C) with its financial integrity in question due to its auditor’s boycott on review.

What’s ticking around the world at this second?

See what the world media around the world have to report:

USA Today: www.usatoday.com aallman@gannett.com

The New York Times: www.nytimes.com inytletters@nytimes.com

Wall Street Journal: www.wsj.com support@wsj.com ,service@wsj-asia.com

Financial Times www.ft.com ean@ft.com

times www.thetimes.co.uk help@timesplus.co.uk

The Sun www.thesun.co.uk talkback@the-sun.co.uk

Chinese People's Daily www.people.com.cn kf@people.cn

China Daily www.chinadaily.com.cn circulation@chinadaily.com.cn

Gwangmyeong Daily www.gmw.cn webmaster@gmw.cn

Japan's Yomiuri www.yomiuri.co.jp japannews@yomiuri.com

asahi www.asahi.com customer-support@asahi.com

mainichi www.mainichi.jp

lemonde www.ilemonde.com

Italy rarepupeul Rica www.quotidiano.repubblica.it vittorio.zucconi@gmail.com

Germany Frankfurter AllgemeineZeitung www.faz.net anzeigen.ausland@faz.de

SüddeutscheZeitung www.sueddeutsche.de forum@sueddeutsche.de

Australia Brisbane Times www.brisbanetimes.com.au syndication@fairfaxmedia.com.au

Sydney Morning Herald www.smh.com.au

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