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The Korean daily media headlines and humor

The Korean daily media headlines and humor

Monday, June 4, 2018

Your Excellency:

What’s ticking in Korea and around the world today?

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

The Korea Post media

P.S.: If the Headlines are no longer desired, please advise us at: edt@koreapost.com or pub@koreapost.com.

Cartoon by Artist Park Yong-suk published by Korean-language daily, Joong-Ang Ilbo, on June 4, 2018

The tiger looks irritated and might attack the obstacle pulling its tail

President Moon Jae-in, Chairman Kim Jong Un of North Korea and President Donal Trump of the United States are riding on the back of a tinger.

The tiger here is pictured as a ‘Korean peninsular situation.’

All three leaders are headed where the tiger is head.

But, alas, Prime Minister Shinzo Abe of Japan is dragging the tiger in an opposite direction, pulling the tail of the tiger.

The tiger appears to be irritated and looks like it might turn around in anger and eat up the ‘trouble maker.’

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Round-up of important news stories from major Korean dailies today:

The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.

Korea famous for having over 10 times the registered patents than whole subcontinent’

Paraguay has a large tradition of attracting people from all over the world. Koreans are not an exception. More than 5,000 Koreans live in the country. Many of them are completely adapted to the country. An anchorwoman of a private TV company is an example of the melting pot that for a nation of seven million people. They made themselves part of the country. A Korean woman tells news in Guarani (Indian language and Spanish).

No one injured in Korean Air plane's emergency landing in Japan

A Korean Air Lines Co. passenger jet has made an emergency landing at Haneda Airport in Tokyo, although no one was injured, a company official said Sunday.

The Boeing 777-200 bound for Tokyo from South Korea's Gimpo Airport with 176 passengers and 13 crew members on board landed at Haneda Airport at about 8:40 p.m. on Saturday, 25 minutes ahead of schedule due to a fire alarm, the Korean Air source said.

Global semiconductor market for cars expected to grow 20 pct in 2018

The world's automotive semiconductor market is expected to grow nearly 20 percent this year on rising demand for automated driving systems, a report said Saturday. The global chip market for vehicles is estimated to reach US$32.3 billion in 2018, up 18.5 percent from a year earlier, according to the report by market researcher IT Insights.

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

Top N. Korean Official Arrives in Beijing on Way Back Home

A top North Korean official arrived in Beijing on Sunday on his way back home from a four-day trip to the United States.

Vice Chairman of the Central Committee of the North's ruling Workers' Party Kim Yong-chol landed at the Beijing Capital International Airport around 8 p.m. on an Air China flight from New York. Kim is expected to head home on Monday on an Air Koryo flight. A source in Beijing said that Kim is likely to contact Chinese officials before departing for home to brief them on the results of his meetings with U.S. officials.

N. Korea, US Hold 4th Round of Summit Prep Talks at Panmunjeom

A United States delegation reportedly held a fourth round of summit preparation talks with North Korean officials on Sunday in the truce village of Panmunjeom. The delegation, led by U.S. Ambassador to the Philippines Sung Kim, is said to have held talks with the North's Vice Foreign Minister Choe Son-hui and other North Korean officials for over three hours from 2 p.m. at Tongilgak on the northern side of Panmunjeom. The two sides held three rounds of talks at the same place last Sunday, Wednesday and Saturday.

N. Korea Criticizes S. Korea's Participation in Military Drills

North Korea has criticized South Korea's participation in joint multinational exercises, saying it runs counter to the Panmunjeom Declaration announced after the inter-Korean summit in April. The Rodong Sinmun, the official newspaper of the ruling Workers' Party of Korea (WPK), on Sunday took an issue with Seoul's plan to take part in the Rim of the Pacific Exercise (RIMPAC) and the Ulchi Freedom Guardian (UFG) exercises. The paper said that the South Korean military is planning to dispatch vessels, aircraft and 700 troops to the RIMPAC, a multinational military exercise that will involve 20 countries including the United States.

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

Two Koreas face maritime border, other tricky issues in upcoming military talks

The two Koreas will face a set of tricky issues, including the maritime demarcation line, in their first general-grade military meeting in more than a decade to be held next week, observers here said Monday.

The talks are set to take place on June 14 in Tongilgak, a North Korea-controlled building at the truce village of Panmunjom, in line with the April 27 inter-Korean summit declaration that calls for joint efforts to alleviate military tensions and "practically eliminate the danger of war."

Asian traditional medicine association to invite N. Korea to meeting

An association of Asian doctors performing traditional medicine said Monday that they have decided to invite their colleagues from North Korea to a international meeting slated for 2019.

The members of the Global University Network of Traditional Medicine (GUNTM) agreed during a meeting held in Beijing last month to ask Pyongyang Medical University to take part in the gathering in Hong Kong.

Under the proposal, the GUNTM members plan to ask Pyongyang Medical University to send non-member representatives to the annual meeting, they said.

Foreign investors major players on KOSDAQ market last month: data

Foreign investors bought the largest amount of shares listed on South Korea's secondary stock market in 14 years last month, the bourse operator said Monday.

Offshore investors picked up a net 534.8 billion won (US$499.34 million) worth of shares on the tech-laden KOSDAQ market in May, while institutions and retailers sold off 180.4 billion won and 171.0 billion won worth of the shares, respectively, according to data by the Korea Exchange (KRX).

The May purchase is the largest since April 2004 when foreign investors bought 723.4 billion won on the KOSDAQ bourse, and the third biggest in the market's history, the KRX said.

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

'Trump-Kim summit can immediately be followed by declaration of end to Korean War'

With US President Donald Trump floating the idea of declaring an end to the Korean War following his summit with North Korea’s leader Kim Jong-un, a Seoul-based security expert said the deal could be reached as soon as the day after their meeting on June 12. Cho Seong-ryoul, a senior researcher at the Institute for National Security Strategy and a member of advisory group for President Moon Jae-in, said Moon could travel to Singapore in time for the Trump-Kim summit and join the two leaders in reaching a trilateral agreement to end the Korean War.

Trump puts N. Korea summit back on for June 12

US President Donald Trump on Friday put a summit with North Korean leader Kim Jong-un back on for June 12 following weeks of uncertainty over whether it would take place. Trump said after meeting with a senior North Korean official at the White House that the summit will go ahead in Singapore to discuss the dismantlement of the North's nuclear weapons program.

Income growth rates for 90 pct of S. Koreans up this year: presidential aide

Income growth rates for 90 percent of South Koreans improved this year, a presidential aide said Sunday, in a move to rebut criticism over recent comments by President Moon Jae-in.

Last week, Moon said 90 percent of the effects of the minimum wage hike have been positive, sparking some criticism that the drastic hike in the minimum wage is to blame for a decline in income of low-income bracket.
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The Korea Times (http://www.koreatimes.co.kr)

North Korea tourism revival expected in China as relations thaw

The number of tourists entering North Korea from China is expected to rise significantly in 2018, with Chinese and overseas travellers eager to experience the hermit kingdom that may be on the brink of opening up, industry insiders and local officials say. More cross-border tour routes and tourism sites in North Korea will be on offer by tour agencies in China's northeast province of Jilin, which borders North Korea, and there has already been a clear growth in tourists seeking travel information about the country, as geopolitical tensions have eased since Kim Jong-un's first visit to Beijing, in March.

North Korea's denuclearization will be 'process,' not one-shot deal

A senior White House official acknowledged Sunday that it will take time to dismantle North Korea's nuclear weapons program even if the United States would like to see immediate denuclearization. Larry Kudlow, director of the National Economic Council, made the remark on Fox News as the two countries prepare for a high-stakes nuclear summit in Singapore June 12. "I think at the end of that process, that's the goal, unilateral denuclearization, disarming them and so forth," Kudlow said, noting that he is not directly involved in the talks. "It is going to be a process. But sure, these negotiations take time."

Seoul, Washington likely to downscale joint drills

South Korea and the United States' regular joint military exercises are likely to be scaled down, following Saturday's agreement between defense ministers of the two countries to create "positive conditions" for the upcoming summit between U.S. President Donald Trump and North Korean leader Kim Jong-un. The downscaling is expected to include the reduction of deployment of U.S. nuclear submarines and strategic bombers around the Korean Peninsula along with the joint exercises. South Korean Defense Minister Song Young-moo and his American counterpart James Mattis agreed to support the diplomatic measures toward denuclearization of North Korea in a joint press statement released after the bilateral meeting on the sidelines of the 17th Asia Security Summit held in Singapore ― known as the Shangri-La Dialogue.

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

Trump Says S.Korea Must Pay N.Korea's Bills

U.S. President Donald Trump on Friday washed his hands of paying for any economic rewards or aid for North Korea if it denuclearizes. "I think South Korea will do it. I think China -- I think, frankly, China will help out. I think that Japan will help out. No, I don't think the United States is going to have to spend."

Trump was speaking after a meeting with Kim Yong-chol, the most senior North Korean official to visit the U.S. in almost 20 years.

More Older Koreans Develop Addictions

One in eight Koreans are addicted to something, according to the Korean Academy of Addiction Psychiatry.

The spread of smart devices offers increasing temptations into addiction, from online games to simply staring at the devices themselves every two minutes and checking social media updates.

Prof. Cho Hyun-seob of Chongshin University said, "With more people using smartphones than ever, we see many middle-aged and elderly people who are addicted to shopping, social media and games."

N.Korea Conducted Military Drills Despite Int'l Talks

North Korea staged massive maritime drills in the East Sea even as President Moon Jae-in met with North Korean leader Kim Jong-un last Saturday and while U.S. officials met their North Korean counterparts on Sunday in the truce village of Panmunjom.

Yet the North unilaterally canceled high-level cross-border talks scheduled for May 16 citing the Max Thunder joint South Korea-U.S. aerial drills. Intelligence sources said Wednesday that the North conducted live-fire drills in waters off Wonsan, Kangwon Province from last Friday through Sunday, and the size of the fleet was even bigger than in previous years.

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

Trump reconfirms Singapore summit on June 12 after meeting Kim Yong-chol at White House

After meeting Kim Yong-chol, vice chairman of the Workers’ Party of Korea (WPK) and director of the WPK United Front Department, on June 1, US President Donald Trump officially reconfirmed that the North Korea-US summit will be held in Singapore on June 12. In addition to this, Trump hinted at the possibility of officially ending the Korean War at Singapore and stated that he would not impose additional sanctions on the North.

Kim Jong-un reconfirms commitment to denuclearization to Russian Foreign Minister

North Korean leader Kim Jong-un reaffirmed that Pyongyang’s commitment to denuclearizing the Korean Peninsula is “unchanging, consistent, and firm.” His remarks came during a meeting with visiting Russian Foreign Minister Sergey Lavrov – but the real target for the message appears to be US President Donald Trump in Washington, DC, across the Pacific. Pyongyang and Moscow also agreed in principle to holding a summit between Kim and Russian President Vladimir Putin within this year.

South and North Korea agree to establish joint liaison office in North Korea’s Kaesong

During high-level talks at the house of Peace in Panmunjeom on June 1, South and North Korea agreed to soon establish a joint liaison office in the Kaesong Industrial Complex at which officials will be permanently stationed and finalized the schedule of military talks between generals, sports talks and Red Cross talks, which will take place during June. The two sides agreed to hold a discussion over correspondence about “ways to significantly commemorate” the imminent 18th anniversary of the June 15 Joint Declaration, but a joint event will not be held.

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

Trump, Moon, Kim to declare war’s end: source

President Moon Jae-in will join North Korean leader Kim Jong-un and U.S. President Donald Trump in Singapore next week to declare an end to the Korean War, which has technically been running for 68 years, according to a diplomatic source. “Preparations are already underway for President Moon to declare a formal end to the Korean War with the two leaders on June 12, the date of the North-U.S. summit, or the next day on the 13th,” said the source, speaking on the condition of anonymity. “Singapore has already begun preparations to host President Moon [for a trilateral meeting].”

Mattis sees a ‘bumpy road’ ahead

U.S. Secretary of Defense Jim Mattis said North Korea will not receive any sanctions relief until it demonstrates “verifiable and irreversible steps” to denuclearize, adding that Washington anticipated a “bumpy road” leading up to the June 12 summit with Pyongyang as both countries iron out details for their first bilateral leaders’ meeting. We must remain vigilant, and we will continue to implement all UN Security Council resolutions on North Korea,” Mattis said during a trilateral defense ministers’ meeting between South Korea and Japan Sunday on the sidelines of the Shangri-La Dialogue, an annual security summit held in Singapore. “North Korea will receive relief only when it demonstrates verifiable and irreversible steps to denuclearization.”

U.S. leader vows to win trade war

U.S. President Donald Trump said over the weekend that he will not back down in the ongoing trade war against other countries, escalating concerns of protectionism spreading around the globe.

The United States must, at long last, be treated fairly on Trade,” Trump said on his twitter page. “If we charge a country ZERO to sell their goods, and they charge us 25, 50 or even 100 percent to sell ours, it is UNFAIR and can no longer be tolerated. That is not Free or Fair Trade, it is Stupid Trade.”

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

Searching for an Issue Stronger than Peace: A Battle of Sensational Exposés and Accusations

The June 13 local elections are turning into a mud fight from day one of official election campaigns. With the topic of peace on the Korean Peninsula sweeping through the nation like a typhoon, people are losing interest in the elections. At such a time, candidates aiming for a one-shot chance to overturn the election are competing to find a sensational issue to grab the voters' attention.

Such competition is overheating in the gubernatorial race in Gyeonggi-do. Lee Jae-myung, the candidate of the Democratic Party of Korea, currently enjoying a slight lead, has been the target of a joint attack by Nam Kyung-pil, the Liberty Korea Party candidate and Kim Yeong-hwan, the Bareun Mirae Party candidate.

Alleged Dealing of Trial Outcomes, an Apology by the Chief Justice of the Supreme Court Is Not Enough

On May 31, Kim Myeong-su, the chief justice of the Supreme Court, released a public statement and apologized for the alleged dealing of trial outcomes by the National Court Administration when Yang Seung-tae served as chief justice. However, Kim said that a final decision on an investigation of related figures would be made after listening to the opinions from inside and outside the court. A formal apology by the chief justice was a matter of course, but it is regrettable that he failed to clearly state plans on criminal action against the concerned people.

Swing Voters Making up over 20% of the Voters, the 20-Somethings, and Early Voter Turnout May Be the Hidden Keys

The official election campaign for the June 13 local elections and parliamentary by-elections will begin on May 31. The direction of the swing voters and the turnout of voters in their twenties and thirties are cited as the variables that may determine the outcome of the election. Attention is also on whether the turnout in early voting, which will be conducted for the second time in local elections, may determine the election results.

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

S. Korean food delivery giant tests self-driving robot at food court

A self-driving food delivery robot made its debut at a crowded South Korean restaurant this week before commercial production in a project that would eventually kick out human delivery drivers. Woowa Brothers, the operator of the country's top food delivery service Baedal Minjok, said in a statement Friday that the testing of a delivery robot called "Dilly" began at a food court in the central city of Cheonan this week. The company hopes to commercialize the self-driving robot in three to five years.

No concessions in inspecting North Korean nuclear weapons

If North Korea, without nuclear weapons, normalizes relations with the United States, diplomatic relations with Japan will be a matter of time. Northeast Asia may see an end to 70 years of confrontation through cross-approval by four superpowers. The new era will be more stable and peaceful than at least now. North and South Korea will compete for the quality of life instead of armament, and the door to the continent will open wide.

Hyundai Oilbank forges $6.63 billion contract with petrochemical unit

Hyundai Oilbank, a refinery arm of South Korea's top shipbuilding group, has forged a $6.63 billion long-term contract with its sister petrochemical company on the supply of mixed xylene, a basic petrochemical material used to produce ethylbenzene. The 7.15 trillion won deal with Hyundai Cosmo Petrochemical calls for the supply of more than 400,000 tons of mixed xylene every year until May 2038, Hyundai Heavy Industries Holdings, the group's holding company, said in a regulatory filing on Friday.

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

Hyundai Motor Group mulls investing in auto plant in Gwangju

South Korea’s Hyundai Motor Group is considering a stake investment in the country’s first auto manufacturing plant in more than two decades that would be built in Gwangju. The conglomerate - the owner of the country’s two largest automakers Hyundai Motor Co. and Kia Motors Corp. - said on Friday that it submitted an investment letter of intent on Thursday for a project that builds an automobile manufacturing factory inside Bitgreen National Industrial Complex, an environmentally-friendly industrial zone in the country’s southwestern city of Gwangju.

Samsung Heavy Industries wins $364.8mn deal for 4 shuttle tankers

South Korea’s Samsung Heavy Industries Co. has secured an order worth 392.3 billion won ($364.8 million) from Singaporean firm AET to construct four shuttle tankers, the shipbuilder said in a regulatory filing on Friday. The latest order amounts to 5 percent of the shipbuilder’s 2017 revenue. The vessels are to be delivered by October 31, 2020, according to the company.

SK E&C-led consortium begins construction of 66km beltway in Kazakhstan

SK Engineering & Construction Co. (SK E&C), a construction unit of South Korea’s major conglomerate SK Group, said on Friday that it has commenced construction of a 66-kilometer beltway in Almaty, the largest city and former capital of Kazakhstan, in a consortium project won earlier this year. According to SK E&C, a groundbreaking ceremony was held on Thursday for the project that builds a 66-kilometer two-way four- to six-lane beltway in Almaty to help reduce traffic congestion from population growth in Kazakhstan’s financial hub.

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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

The 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.cnkf@people.cn

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

GwangmyeongDaily 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

Le Monde www.ilemonde.com

Italy LaRepubblica 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 Heraldwww.smh.com.au

Colombia Reports http://colombiareports.com

Bogota Free Planet http://bogotafreeplanet.combfp@bogotafreeplanet.com

El Universal http://www.eluniversal.com.mx/english

Andes http://www.andes.info.ec/en

Ecuador Times http://www.ecuadortimes.net

The Jordan Times https://www.jordantimes.com

LSM.lv http://www.lsm.lv/en

The Baltic Times http://www.baltictimes.comlithuania@baltictimes.com, estonia@baltictimes.com, editor@baltictimes.com

El Pais http://elpais.com/elpais/inenglish.html

Philippine Daily Inquirer https://www.inquirer.net

Daily News Hungary http://dailynewshungary.com

Budapest Times http://budapesttimes.hu

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The Korea Post is running video clips from the different embassies.

Azerbaijan: https://www.youtube.com/watch?v=OR8CBpcQ4WM

Sri Lanka: https://www.youtube.com/watch?v=hByX92Y2aGY&t=22s

Morocco: https://www.youtube.com/watch?v=jfFmp2sVvSE

And many other countries.

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TO ERR ON THE SAFER SIDE!

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To satisfy your information dissemination-acquisition requirements, please drop a line at edt@koreapost.com, pub@koreapost.com or yeskoreapost@gmail.com

The publisher-chairman of The Korea Post media is serving the Diplomatic Community for more than 40 years, 32 years with The Korea Post and 10 years with The Korea Herald as the Cultural Editor who covered the Diplomatic Community.

For quick response, call Chairman Lee directly at 010-5201-1740 or reporters at 010-3388-1682 or 010-7584-5873.

Lee Kyung-sik  edt@koreapost.com

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