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Headlines, July 23, 2019

The Korean daily media headlines and humor

Tuesday, July 23, 2019

Round-up of important news from major Korean dailies and from international media today

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

Trump says there was 'very positive' correspondence recently with N. Korea

U.S. President Donald Trump said Monday there was "very positive" correspondence recently with North Korea and that the two sides will meet for nuclear talks when the communist regime is ready. Trump's remark comes after he and North Korean leader Kim Jong-un held an impromptu meeting at the inter-Korean border on June 30 and agreed to resume working-level talks on the denuclearization of the regime.

Trade minister to visit U.S. as Seoul works to ramp up int'l support over dispute with Tokyo

South Korean Trade Minister Yoo Myung-hee is set to visit the United States Tuesday to rally support from the country's key ally in a deepening trade dispute with Japan. During the five-day stay in Washington, Yoo will meet with officials from the U.S. government and Congress and explain South Korea's stance on the recent export restrictions by Tokyo, according to her ministry.

Pompeo says he thinks N.K. was 'perplexed' by high priority of remains return

U.S. Secretary of State Mike Pompeo said Monday he thinks North Korea was "perplexed" by the high priority the United States placed on retrieving the remains of American troops from the North. Pompeo made the remark at a national convention of veterans in Orlando, Florida, as he spoke of the Trump administration's commitment to taking care of the American people.

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

S. Korean Official Arrives in Geneva for WTO Meeting over Dispute with Japan

A South Korean trade official arrived in Geneva Monday to attend a World Trade Organization(WTO) General Council meeting to protest Japan's trade restrictions. Kim Seung-ho, deputy minister for multilateral and legal affairs at the Ministry of Trade, Industry and Energy, told reporters that he will refute Japan's claims with “sternness and dignity” at the two-day meeting beginning Tuesday.

Trump: There Was 'Very Positive' Correspondence with N. Korea Recently

U.S. President Donald Trump said on Monday there has been "very positive correspondence" recently with North Korea and that the two sides will meet for nuclear talks when the communist regime is ready. Reuters said Trump made the remarks to reporters at the start of a meeting with Pakistani Prime Minister Imran Khan at the White House.

S. Korean Cargo Ship Attacked By Pirates Near Singapore Strait

A South Korean cargo ship was attacked by pirates near the Singapore Strait early Monday morning. The armed assailants boarded the ship and assaulted the crew before leaving with some 13-thousand U.S. dollars in cash and other valuables. Fortunately, no one was killed or seriously injured.

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

Cheong Wa Dae to Abe: Stay 'in line' over bilateral rift

The office of President Moon Jae-in warned Japanese Prime Minister Shinzo Abe on Monday not to go too far in a friction between the neighboring countries, saying Seoul maintains the two-track approach of striving for forward-looking bilateral ties, separate from thorny historical issues. Speaking in a TV interview after the weekend's upper house election, Abe said that "constructive" discussions will be possible only when South Korea brings an "appropriate response to its breach" of a 1965 treaty that normalized Seoul-Tokyo diplomatic relations.

Seoul leaves various possibilities open over Hormuz Strait issue: ministry

South Korea is closely monitoring the situation in waters off Iran, including the U.S.' possible request for its troops dispatch to the region, the defense ministry said Monday. The United States has been asking its allies to join a military coalition to ensure freedom of navigation in the Strait of Hormuz amid heightened tensions between Washington and Tehran.

Police detain 6 students for rallying at Japanese consulate

Police detained six college students Monday after they staged a demonstration inside the Japanese Consulate in the southeastern port city of Busan in protest of Japan's trade restrictions on Korea. The students were in the consulate's library, then stormed out to its yard at around 2:30 p.m. They shouted slogans and held banners that read, "We denounce Japan's re-invasion," "We condemn economic provocations," and "Abe must apologize."

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

Trump says there was 'very positive' correspondence recently with N. Korea

US President Donald Trump said Monday there was "very positive" correspondence recently with North Korea and that the two sides will meet for nuclear talks when the communist regime is ready. Trump's remark comes after he and North Korean leader Kim Jong-un held an impromptu meeting at the inter-Korean border on June 30 and agreed to resume working-level talks on the denuclearization of the regime.

S. Korea gears up for financial market contingency plan amid Japan factor

In response to the escalating economic conflict between South Korea and Japan, financial authorities here are establishing a contingency plan in case Tokyo expands its trade restrictions to the financial sector, officials said Monday.The preemptive gesture came out of concern about the apparent dependency of local financial companies on Japanese lenders, which have been offering a low interest rate for years.

[Feature] Boycott of Japanese goods, services spreads rapidly

The campaign to boycott Japanese products and services here is gaining steam as bilateral relations continue to be tense following Japan’s export curbs on key hi-tech materials crucial for South Korean tech firms.

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

S. Korea braces for possible Japanese capital flight

The financial authorities are formulating a contingency plan for any sudden flight of Japanese capital, a preliminary move against the possibility of Japan extending its export restriction measures to the financial sector. A team of officials from the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) are currently checking the maturity of loans extended to Korean companies by Japanese firms, and are setting up a plan to deal with any refusal to roll over maturing debt or extend new loans

'Japan takes swipe at Korea's jurisdiction, sovereignty'

Japan is threatening South Korea's sovereignty as Tokyo has consistently failed to accept South Korea's Supreme Court rulings ordering Japanese companies to compensate the victims of wartime forced labor, a senior presidential aide said. "It is not proper to advocate Japan's assertion at a time when Korea's legitimacy and judicial power are under attack by Japan, which nullified South Korea's sovereignty in the past," Cho Kuk, senior presidential secretary for civil affairs, wrote in a Facebook post.

Korean firms on edge over post-poll impact

Japanese Prime Minister Shinzo Abe's victory in the country's Upper House election Sunday will tighten Tokyo's stance on trade with Seoul and deal a bigger blow to companies here, industry officials said Monday. They said of imminent concern is Japan's potential move to remove Korea from its "white list" of 27 countries given customs shipping-clearance priority for the import of industrial materials from Japan. Chances of additional restrictions remain because Abe demanded Seoul provide an "answer" on the two countries' trade conflict, which stems from last year's Supreme Court rulings here against Japanese firms over compensation for wartime forced labor.

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

Gov't Mulls Renaming Joint Drill to Pacify N.Korea

The government wants to change the name of an upcoming joint exercise with U.S. forces in a bid to soothe agitated North Korean nerves and bring the renegade country back to the negotiating table.

Korea to Lodge Formal Complaint with Japan

Korea will formally complain to Japan on Tuesday against striking it from a "whitelist" of countries that do not require case-by-case permits every time they want to import certain Japanese materials and parts.

Sweltering Heat Returns in Typhoon's Wake

Sweltering heat has returned to Korea as soon as soon as typhoon Danas receded.Monday's temperatures are expected to reach 34 degrees Celsius in Daegu, Yeongcheon in North Gyeongsang Province, and Gangneung in Gangwon Province, according to the Korea Meteorological Administration on Sunday. They will reach 32 degrees in Seoul, 28 degrees in Incheon, 33 degrees in Daejeon, and 29 degrees in Busan.

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

[Editorial] Japan should consider international community when making trade decisions

Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) and the coalition party Komeito won a majority of seats on the line in the Japanese House of Councillors election on July 21. Proponents of amending the Japanese constitution – including the Japan Restoration Party – failed to acquire the two-thirds majority of total House of Councillors seats needs for such an amendment. While Abe called it a “huge victory,” the outcome could be seen as something of a check on his administration’s activities.

Tech companies worldwide show worry over Japan’s export controls

Japan’s controls on the exportation of semiconductor materials are causing increased uncertainty for the global IT industry in general, with growing concerns that the export controls are poised to undermine stability in the global semiconductor supply network.

S. Korea and US to rename joint military exercise in consideration of N. Korea working-level talks

The South Korean and US militaries have reportedly decided to rename a joint military exercise, currently called 19-2 Dong Maeng, that’s scheduled for the second half of this year. The decision appears to be a response to a recent statement by North Korea claiming that the exercise could affect its working-level negotiations with the US.

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

Hong Kong protesters assaulted by white-clad gangsters

At least 45 protesters were injured in Hong Kong where the seventh anti-China protest was staged on a massive scale over the weekend as a group of assailants presumed to be members of a multinational criminal ring attacked them with steel bars for over 30 minutes.

Hyundai Motor’s operating profit exceeds 1 trillion won in Q2

Hyundai Motor Co. has managed to earn over 1 trillion won in quarterly operating profit in seven quarters on the back of robust sales of sport-utility vehicles (SUV) and new models as well as a weak local currency.

Korean cargo ship attacked by pirates near Singapore Strait

A South Korean cargo ship was attacked by pirates near the Singapore Strait, with the crewmen being assaulted and robbed of cash. According to the Ministry of Oceans and Fisheries on Monday, the 44,132-ton CK Bluebell was attacked by pirates at 4:25 a.m. (Korean time) roughly 100 miles North East off the mouth of the Singapore Strait. The pirates made the chase on a speed boat at over 20 knots, much faster than typical cargo ships which travel at the speed of 15 knots, before seven of them hopped aboard the Korean ship.

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

Diplomatic Confrontation to Intensify Between South Korea and Japan This Week: Will Bolton's Trip Be a Turning Point?

With the growing trade dispute between South Korea and Japan, attention is on the United States and its role in this conflict. For the first time, U.S. President Donald Trump expressed his intention to engage in the trade dispute between the two U.S. allies and on July 23, John Bolton, the national security advisor will visit South Korea. This has fueled expectations on the U.S. to play a more concrete role. Some suggest that the U.S. will try to mediate the conflict to maintain the cooperation among the three countries, but since the U.S. has stressed that South Korea and Japan are the direct parties involved, some expect limitations in the U.S. taking on a more active role.

We Need Measures to Prevent Sex Offenders from Abusing Counter Lawsuits

Of all the false accusation lawsuits filed by sex offenders against their victims, 84.1% were dismissed. Even among the cases that were prosecuted, 15.5% were acquitted. In conclusion, only 6.4% of these lawsuits ended up convicting the defendant. In other words, 94 out of a hundred victims of sexual assault who are sued for making a false accusation have to suffer additional injuries--accusations of making a false accusation. The Supreme Prosecutors' Office and the Korean Women's Development Institute released these results at the Forum on Policies Equal to All Genders on July 19.

President Moon, "Japan Will Suffer More Harm from Trying to Stop South Korea's Economic Growth"

On July 15, President Moon Jae-in mentioned Japan's trade retaliation and said, "We cannot ignore the latest measure, for it started with export restrictions on chemicals for semi-conductors, a core industry of the South Korean economy," and criticized, "It was no different from blocking the growth of our economy at a time when our economy is seeking to advance to a higher level."

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

Hyundai Motor’s Q2 OP up 50% on qtr on brisk sales of new cars, weaker KRW

South Korea’s top automaker Hyundai Motor Co. reported a 50.1 percent jump in operating profit for the second quarter versus the previous quarter on the back of favorable market conditions such as weaker local currency and brisk sales of lucrative Palisade sport utility vehicle.

Korean fin min pledges extended tax breaks to drive investment

South Korea, which had bucked the global trend by hiking corporate taxes last year, will extend temporary tax breaks to excite corporate investment at a time the Korean Inc. faces multiple whammies from reduced global demand and trade barriers from Japan, said economic chief Hong Nam-ki.

Korean fin min pledges extended tax breaks to drive investment

South Korea, which had bucked the global trend by hiking corporate taxes last year, will extend temporary tax breaks to excite corporate investment at a time the Korean Inc. faces multiple whammies from reduced global demand and trade barriers from Japan, said economic chief Hong Nam-ki.

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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.cn kf@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 Herald http://www.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.com lithuania@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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Lee Kyung-sik  edt@koreapost.com

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