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Updated: 8 hours 51 min ago

Ex-President Lee denounces corruption probe as 'political retaliation'

Wed, 01/17/2018 - 04:56
Former President Lee Myung-bak called the prosecution’s ongoing investigation into his alleged corruption “political retaliation” by the Moon Jae-in administration, Wednesday. He said the ruling bloc should hold him accountable for things that took place during his term instead of seeking to arrest and punish officials who served under him.

North Korea state-run media reporter joins inter-Korean talks

Wed, 01/17/2018 - 04:56
A reporter dealing with South Korean affairs in Pyongyang was part of the North Korean delegation taking part in vice-ministerial-level talks with the South, Wednesday. According to the Ministry of Unification, the delegation included Kim Kang-kuk, who works at the state-run Korea Central News Agency (KCNA).

Korea to create W10 tril. startup fund

Wed, 01/17/2018 - 04:56
The government unveiled its plan Wednesday to create a 10 trillion won ($9.4 billion) fund by 2020, in a bid to expand the money supply for startups and create a venture-friendly environment. As part of the three-year plan, a 2.6 trillion won fund will be established this year. The announcement came from a meeting of economy-related ministers at the government complex in Seoul.

Petition filed against unified women's ice hockey team

Wed, 01/17/2018 - 04:56
A fan of South Korea's women's ice hockey team has filed a petition with the National Human Rights Commission against the government move to form a unified women's ice hockey team with North Korea for the upcoming Olympics.The fan, surnamed Hong, filed the complaint against Culture, Sports and Tourism Minister Do Jong-hwan, arguing his controversial plan infringes upon the rights of the 23 South Korean ice hockey players in pursuing happiness and choosing careers, the commission said Wednesday.

K-pop band JYJ's Park Yu-chun accused of dog bite seven years ago

Wed, 01/17/2018 - 04:56
The acquaintance, whose identity was withheld by the police, recently filed the complaint with the Gangnam Police Station in southern Seoul, claiming that he was bitten on the face when he visited Park's home in 2011 and was still suffering from serious after effects.

Reactions mixed on free public transport due to fine dust

Wed, 01/17/2018 - 04:56
Public opinion has been split over the Seoul Metropolitan Government's measure to combat worsening fine dust pollution. Some say the city government is wasting taxpayers' money by waiving transit fees for those who use subways and buses during commuting hours, calling the measure only a temporary solution.

LG OLED TVs at new airport terminal

Wed, 01/17/2018 - 04:56

Lotte, Doosan, Naver have worst reputations online: index

Wed, 01/17/2018 - 04:56
Korean Air, SK, Emart, Hanwha and Kia Motors have the best reputations online, according to the South Korean market sentiment index (MSI) after a big data analysis. The worst companies in the index were Hyundai Merchant Marine, Muhak, Doosan, Naver and Lotte Food.

Shame on education ministry

Wed, 01/17/2018 - 04:56
Learning something like English, math or a musical instrument is a person's freedom, not a matter for the government. The government _ to be precise, the Ministry of Education _ is infringing upon such an individual right to learn with its absurd policy on English lessons for preschoolers.

Police catch Thai woman as suspect in housemate murder case

Wed, 01/17/2018 - 04:56
The two are said to have been at odds and the crime happened when they were bickering about cooking smoke. The victim was 30 and further details were not available immediately.

State-run energy enterprises lose 10 trillion won

Wed, 01/17/2018 - 04:56
Korean state-run enterprises' overseas investments do not seem to give taxpayers enough bang for their buck. From 2012 to 2016, they wasted over 10 trillion won by taking miscalculated risks on overseas projects especially related to energy development, said CEO Score, a private corporate data analyst. The biggest money-losing entity through such mishaps was Korea National Oil Corp. (KNOC), whose 26 ventures abroad lost more than 7 trillion won in the same period. Half of KNOC's overseas ventures face capital erosion.

Footprints in snow lead police to theft suspect

Wed, 01/17/2018 - 04:56
Footprints in the snow have led police to a suspected thief. According to police, a hardware store owner in Gwangju discovered last Thursday that 20 million won ($18,800) she put under a floor mat had vanished. She broke down because the money was to be used for her son’s overseas study.

Seoul mayor hits back: Free rides amid heavy dust pollution 'not populism'

Wed, 01/17/2018 - 04:56
Gyeonggi Province Governor Nam Kyung-pil called Seoul Mayor Park Won-sun's unprecedented decision Monday to offer free public transit rides amid extreme air pollution “populism.” The comment angered the mayor Wednesday, who attacked Nam for not having joined the measure.

Parties blast Hong over Islam-insulting term

Wed, 01/17/2018 - 04:56
Political parties criticized main opposition Liberty Korea Party (LKP) leader Hong Joon-pyo for calling President Moon Jae-in’s supporters “Moonslam” - a term coined to ridicule them as “followers with blind faith.” “It is deplorable that the main opposition party leader belittled people of a certain faith and damaged national interests by using the term,” ruling Democratic Party leader Choo Mi-ae said during a press briefing Wednesday.

'Along With the Gods' draws 13 million viewers

Wed, 01/17/2018 - 04:56
"Along With the Gods: The Two Worlds" has topped 13 million in attendance, becoming the fifth most-watched film. Since its release Dec. 20, the fantasy blockbuster had attracted 13,039,675 viewers as of Tuesday, the Korean Film Council (KOFIC) said.

Ex-presidential aide arrested

Wed, 01/17/2018 - 04:56
Kim Paik-joon, a key aide of former President Lee Myung-bak, was arrested Wednesday for allegedly receiving more than 400 million won ($375,000) from the National Intelligence Service. Kim Jin-mo, Lee's presidential secretary for civil affairs from 2009-2011, was arrested on a similar charge.

Samsung to give away 4,000 Galaxy Note 8 smartphones to Olympics participants

Wed, 01/17/2018 - 04:56
Under the plan, the company will offer 4,000 units of the Galaxy Note 8 Olympic Edition to all athletes and International Olympic Committee officials visiting the host county of PyeongChang, located 180 kilometers east of Seoul. The Winter Games are scheduled for Feb. 9-25.

Xi calls on Trump to revive economic dialogue program

Wed, 01/17/2018 - 04:56
Chinese President Xi Jinping has called on his US counterpart to resume talks to improve economic ties between the two nations, as tensions rise over the huge imbalance in Sino-US trade.

Two Koreas in talks: 'everything on Olympics is on the table'

Wed, 01/17/2018 - 04:56
The two sides opened working-level talks at 10 a.m. as scheduled at the Peace House, which is on the South Korean side of Panmunjom in the Demilitarized Zone (DMZ), according to the Ministry of Unification. No South Korean reporter was allowed to cover the session on the spot.

Hyosung Group chief quizzed over slush fund allegations

Wed, 01/17/2018 - 04:56
Cho is accused of creating a slush fund worth about 10 billion won ($9.42 million) from 2010-2015 by having Hyosung purchase construction materials through a paper company established by one of his close aides.