The Korean daily media headlines and humor
August 30, 2016
TheKorean daily media headlines and humor
Tuesday, August 30, 2016
Your Excellency:
Here are The KoreaPost notices and around up of important headlines from all majorKorean-language dailies, TV and other news media of Korea today:
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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Aquick roundup of major news stories from the Korean news media today:
KBS (http://world.kbs.co.kr/english/news/)
ParkCalls for Retaliation to Possible N. Korean Provocations
Gov't:N. Korean Provocations Possible during UFG
Park:Provocation to Result in Regime Destruction
SaenuriFl. Chief Calls for Nuclear-Powered Submarine against N. Korea
NewMain Opp. Chief Choo Mi-ae Launches Duties
S.Korean Fishing Vessel Seized in Japan's EEZ
Gov'tto Amend 2,700 Policies to Promote Gender Equality
MilitaryPredicts N. Korea to Deploy SLBM in 1-3 Years
9Corporate Groups to Attend Provincial Job Fairs
KOSPI,KOSDAQ Close Down on Monday
77%of Small Biz CEOs Believe Fair Competition with Conglomerates Impossible
'N.Korea Laid out Terms to Resuming Dialogue'
N.Korea Hits Back at UNSC Statement
N.Korea Again Slanders Pres. Park
ChinaExpresses Opposition to Actions Inciting Tension
Participantsof Int'l Conference in Kazakhstan Denounce N. Korea's Nuke Tests
USExpert: N. Korea's SLBM Deployment to Take 2 More Years
DefenseChief Visits UFG Site
Gov'tBegins Sea Survey Near Geoje to Determine Cholera Virus
Gov'tto Isolate Part of Sewol to Retrieve Bodies of Missing Passengers
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Yonhap (http://english.yonhapnews.co.kr)
KoreanPeninsula tensions key topic for Obama's talks with Xi: White House
Two THAADbatteries necessary for S. Korea to better defend against N.K. SLBMs: U.S.expert
Corporatebond issuance falls on economic uncertainties
South Koreanfirms continued to reduce equity and bond issuance in July, government datashowed Tuesday, amid lingering uncertainties over business conditions at homeand ab...
Forginglegally binding U.N. deal banning nuclear weapons 'unrealistic': U.S. official
A recent U.N.panel's proposal to launch negotiations to ban nuclear weapons is"unrealistic" as it fails to take the international securityenvironment into considerat...
Over90 pct of industrial accident victims from subcontractors: report
More than nineout of every 10 victims of industrial accidents came from subcontractors lastyear, a lawmaker said Monday, suggesting that workers from smaller firms areexp...
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The KoreaHerald (http://www.koreaherald.com)
Aideprobe inspector quits over alleged leak
Specialinspector Lee Seok-su, who had been tasked with investigating a scandal-marredsenior presidential aide, offered...
'DSMEbribed chief news editor'
A lawmaker ofthe ruling Saenuri Party claimed Monday that troubledSong Hee-young, chiefeditor...
Saenurirenews call for nuclear submarine after NK SLBM launch
Ruling partylawmakers have renewed calls to deploy nuclear-powered submarines on thebattlefro...
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The KoreaTimes (http://www.koreatimes.co.kr)
3alternate THAAD sites picked
The Ministryof National Defense has picked three alternate sites for the deployment of aU.S. anti-missile system and started evaluations Monday, according toofficials. The move came a week after the chief of Seongju County, N...
Rainbowsshine over parts of Korea
After rainfell in many parts of the country over the past few days, rainbows appearedacross cities on Sunday evening. Bands of color brightened the sky above Seouland Gyeonggi, Chungcheong, Jeolla, Gangwon and Gyeongsang prov...
Sanctionsalone can't change North Korea
North Koreatest-fired a submarine-launched ballistic missile (SLBM) off its east coastlast week…
N.Korea provocations will lead to self-destruction: Park
President ParkGeun-hye ordered a stern retaliation against North Korea’s growing provocationsto make sure that they would lead to the regime’s self-destruct...
Touristsin China warned about N. Korea abductions
The SouthKorean embassy in China recently warned tourists there to stay vigilant againstNorth Korean terrorist attacks or kidnappings, a source said, Monday...
Samsungbets on China with new jumbo phone
SamsungElectronics tries to revive its past glory in the Chinese smartphone market byadding tailor-made features to its large-screen phone, Galaxy Note 7, S...
ReckittBenckiser suspected of covering up health risks
Britishhousehold goods manufacturer Reckitt Benckiser is facing suspicions that it mayhave press...
POSCOwas not cooperative, says US DOC
The U.S.Department of Commerce (DOC) slapped high anti-subsidy tariffs on hot-rolledproducts of POSCO last month because the company did not fullycooperate...
Presidentialaide's family firm raided
Theprosecution raided a real estate company run by the family of Woo Byung-woo,the senior presid...
Medicalstudents give basic science a miss
A growingnumber of medical students in Korea are shunning basic science, while clinicalmedicine...
Quakehits Jangsu County
Amagnitude-2.3 earthquake hit Jangsu County in North Jeolla Province on Sunday,according to Yonh...
Korea'syouth unemployment rises
Theunemployment rate for people aged 15-29 stands at 9.2 percent in Korea, a 0.2percent increase...
Pensionfund invests heavily in WWII criminal firms
The NationalPension Service has invested 2.87 trillion won ($2.55 billion) into Mitsubishiand other Japanese companies that helped Imperial Japan’s war effo...
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DongA Ilbo (http://english.donga.com)
VW accepts all sanctions imposed by S. Korea
Audi Volkswagen Korea has decided to accept the sanctions imposed by theSouth Korean government and not to file an administrativ…
Ariya Jutanugarn wins LPGA Tour Canadian Pacific Open
Thai golf player Ariya Jutanugarn was regarded as a strong potential winnerat the Rio de Janeiro Olympics. When she ended the fi…
Mother Teresa to be canonized on Sept. 4
The Catholic Bishops’ Conference of Korea announced Monday that MotherTeresa (1910-1997, pictured), who was hailed as the Saint…
'Trump's golden time is almost coming to an end'
U.S. poll agency Morning Consult said on Sunday that the support rates ofDemocratic presidential candidate Hillary Clinton and R…
Kim Jong-in declines Moon Jae-in's gathering proposals
Kim Jong-in, the outgoing leader of the opposition Minjoo Party reportedlyturned down the meeting request made by former party…
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Chosun Ilbo (http://english.chosun.com)
Kim Jong-un Still Purging Traces of Uncle'sEmpire
North Korean leader Kim Jong-un is still struggling towipe out the network of businesses and influence established by his uncle JangSong-taek, whom he executed in December 2013.
Hot Season for Premium Smartphones
LG will unveil its premium V20 smartphone on Sept. 7 inboth Seoul and San Francisco around the same time as Apple's new iPhone. TheKorean electronics giant changed the location of the U.S. launch from New Yorkto San Francisco, the better to challenge the American market leader on its ownturf.
Daily Plastic Spending Exceeds W2 Trillion
Daily card spending reached a record W2 trillion in thefirst half of this year. The Bank of Korea on Sunday said average daily spendingon credit, debit and prepaid cards in the first six months stood at W2.03trillion, up 12 percent compared to the same period last year.
UN Security Council Denounces N.KoreanMissile Launch
S.Korea, U.S. to Step Up Anti-SubmarineOperations
Summer of the Century Ends
Korea, Japan Revive Currency Swap Deal
Lee Dae-ho Among 10 Slowest MLB Hitters
Will Son Heung-min Be Transferred Back toBundesliga?
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HanKyoReh Shinmoon (http://english.hani.co.kr)
Chinaaccepts UN Security Council press statement on North Korea
Apparentlychanged by Beijing stance due to North Korea’s SLBM launch and consideration ofG20 hosting
With the UNSecurity Council unanimously adopting a statement on Aug. 26 denouncing NorthKorea’s series of missile launches, there is growing interest about why Chinais changing its stance. Until the beginning of this month, it had beenreluctant to criticize North Korea for the launches.In the press statement, themembers of the UN Security Council strongly condemned four ballistic missilelaunches that North Korea has carried out in July and August...
[Reporter’snotebook] To remember, or forget, the comfort women’s suffering
This is whatSouth Korean President Park Geun-hye said: “This agreement was the result ofour utmost efforts, given practical considerations and the urgent fact that thevictims are elderly and that this year alone nine of them have passed away,leaving just 49 still alive.” She gave this explanation immediately after Seouland Tokyo reached an agreement about the comfort women issue on Dec. 28, 2015.
InJapan, somber memorials to both Korean and Japanese victims of forced labor
Non-governmentorganizations in South Korea and Japan are working together to erect memorialsto the people subjected to forced labor throughout Japan during the Japanesecolonization of Korea.Stepping Stone for Peace, a South Korean NGO, announcedon Aug. 28 that it and a Japanese NGO called Network for the People of EastAsia had installed a memorial on Aug. 21 and 22
YunByung-se says China and Russia oppose THAAD as part of US global missiledefense
South KoreanMinister of Foreign Affairs Yun Byung-se said on Aug. 28 that China and Russiaoppose the South Korean and US governments’ decision to deploy a Terminal HighAltitude Area Defense (THAAD) system with US Forces Korea because they “see itas part of the US’s global missile defense plan.”Yun also hinted at Seoul’splans to hold discussions with the Korean Council for the Women Drafted forMilitary Sexual Slavery by Japan (Jeongdaehyeop) and other related groups
MinjooParty regroups under new leadership, pledges “strong opposition”
The oppositionMinjoo Party concluded seven months of leadership under Kim Jong-in andlaunched a new leadership under lawmaker Choo Mi-ae at its convention on Aug.27.The leadership under Choo, which includes many members of the party’s MoonJae-in (former party leader and 2012 presidential candidate) wing with a statedfocus on “clarity,” replaces a system under Kim that called for a greatermoderate voice. Relations between the opposition and the ruling Saenuri Party
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JoongAng Ilbo (conservative) (http://koreajoongangdaily.joinsmsn.com/)
ChosunIlbo journalist named in DSME case
The rulingSaenuri Party lawmaker who publicly accused a top journalist of receivingbribes from Daewoo Shipbuilding and Marine Engineering (DSME) in 2011 - whilefailing to mention his name - stood in front of news cameras for the secondtime Monday and revealed names. Saenuri Party Rep. Kim Jin-tae told reportersat the National Assembly’s press room that Song Hee-young, 62, former chiefeditor of the Chosun Ilbo, was the senior journalist who traveled around Europefor nine days in September 2011 on a jet chartered by DSME…
Northexecutes two top officials
North Koreanleader Kim Jong-un executed two top officials publicly, killing them with ananti-aircraft gun…
Kakao’sdeal to cut costs for designated drivers
Kakao hassigned partnerships with Socar and Green Car, the nation’s two leadingcar-sharing companies…
Tesla’s Koreaentry could boost electric car demand
Theintroduction of Tesla Motors to the Korean auto market has sparked renewedinterest in eco-friendly cars…
FSCboss vows tougher fight to curb debt
FinancialServices Commission Chairman Lim Jong-ryong said the government will takeadditional action…
Businessesslow spending as benefits decline
Businessowners with more than 10 employees spent more per employee during fiscal year2015…
Xiaomioffers special promotion on Auction
Xiaomi isoffering discounts on a range of its products and unveiling some gadgetsearlier than in China from…
HyundaiMotor union rejects tentative deal
HyundaiMotor’s labor union rejected a tentative wage deal reached between its leadersand the company…
Investmentfirms spin off units
Assetmanagement companies are shifting their corporate structure to more efficientlymanage…
Brokerages’profit increases on client activity
Securitiescompanies operating in Korea improved their earnings in the second quarter,bolstered…
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The KyungHyangShinmoon (http://english.khan.co.kr/)
[Editorial] Stop Trying to Save Woo Byung-wooby Pressuring the Chosun Ilbo for Alleged Corruption of Executive
Allegations have been raised that a senior Chosun Ilboexecutive was in a cozy relationship with Park Soo-hwan, CEO of NewsCommunications, a public relations a···
Pyroprocessing Must Not Become the Next"Four Rivers Project"
At the Sixth Atomic Energy Commission on July 25, thegovernment announced a roadmap for spent nuclear fuel management, the biggestissue in the Korean nuclear ···
Household Debt Surpasses 1.2 Quadrillion Wonin Second Quarter: Loans Deteriorate in Quantity and Quality
The fast rise of household debt shows no sign of slowingdown. The government has released measures twice already this year alone inaddition to the three times···
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The KoreaEconomic Daily (http://english.hankyung.com/)
2QManufacturing Loan Balance Rises 1.2 Tril. Won...Growth Pace Slows due toRestructuring
The growthrate of loans to manufacturing firms given out by deposit-taking financialinstitutions has slowed in the second quarter of this year. According to areport "2Q 2016 Lending of Deposit-handling Financial Institutions"published by the Bank of Korea on August 29, the balance of loans provi...
KoreaListed One of 5 OECD Countries Whose 2015 Youth Unemployment Rate Rise from2014
Korea was oneof five countries in the Organization for Economic Cooperation and Developmentlast year that saw the year-on-year youth unemployment rate rise. In other 29member nations the jobless rate for their young people aged 15 to 29 decreasedor stayed at the same level as before. According t...
AsianaAir Takes Hands off of Cheongju Airport MRO Project
AsianaAirlines gave up on the business to create a maintenance, repair, andoperations (MRO) complex in Cheongju. It has been 19 months since the aircarrier signed a memorandum with the North Choongcheong provincial government,the North Choongcheong Free Economic Zone Authority, and the Cheongju ...
LargeCultural Park to Be Built in Seoul's Mapo Riverbank
A large-scalecultural park will be created along the northern bank of the Han River inSeoul's Hapjeong, Dangin, and Sangsu-dong area in the neighborhood of the Seoulthermal power plant (formerly Dangin-ri power plant). According to the Seoulmetropolitan city government and the Mapo district offi...
SeosanSet to Transform Itself into Hub of Yellow Sea Region
The City ofSeosan in South Chungcheong Province used to be a laid-back farming communityas recently as the late 1990s. According to Lee Wan-seop, current Mayor ofSeosan, explained that his city was being overtaken by Taean in the west andDangjin in the east which is growing fast on the back of...
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AJU BusinessDaily (http://eng.ajunews.com/korea)
HanjinShipping calls for help amid receivership threat
Cash-strappedHanjin Shipping Co. said that its creditors' extended help is crucial for itssurvival as its negotiations with owners of chartered ships over a cut inleasing rates and to postpone debt repayments to foreign creditors mad…
USfigure skaters apply for Korean citizenship
An ice hockeygym under construction for the 2018 Winter Olympics. Two American figureskaters have applied for South Korean citizenship with an…
Koreawill be key topic for Obama's talks with Xi: Yonh…
Tensions onthe Korean Peninsula will be a key topic for US President Barack Obama'supcoming talks with Chinese President Xi Jinping, t…
Tottenham'sSon claims no knowledge of potential transf…
TottenhamHotspur's South Korean attacker Son Heung-min said Monday he hasn't heardanything about his rumored transfer to a Bundesliga…
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