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Updated: 8 hours 44 min ago

Racing the machine

Tue, 01/16/2018 - 05:26
Dispelling anxiety about robots has become a major preoccupation of business apologetics. The common-sense _ and far from foolish _ view is that the more jobs are automated, the fewer there will be for humans to perform. The headline example is the driverless car. If cars can drive themselves, what will happen to chauffeurs, taxi drivers, and so on?

Caution required over side effects of oral contraceptives

Tue, 01/16/2018 - 05:26
A 26-year old woman surnamed Han gave up taking oral contraceptives after experiencing severe migraine and nausea. The combination birth control pill that contains two hormones _ estrogen and progestin _ to prevent pregnancy _ is known to be a safe and effective method of birth control for most women, and is also used to help the regulation of periods. She decided to take what seemed to be a bothersome daily routine, to help treat her irregular menstrual cycle. “I always had irregular menstrual cycles since I was in high school,” she said. “Doctors told me that I was too stressed out over study for the university entrance exam, adding that my condition should get better once the exam was over, but it didn’t get any better long after I graduated university. That is why I tried taking the pills.”

Celltrion companies become No. 5 chaebol in Korea

Tue, 01/16/2018 - 05:26
The combined market capitalization of Celltrion companies on the Kosdaq market topped those of renowned conglomerates such as POSCO, Lotte and CJ, buoyed by its recent future initiatives announced at a J.P. Morgan healthcare conference, and the government's plans to boost the tech-heavy bourse. According to Chaebul.com, a conglomerate information provider, Sunday, the combined market cap of Celltrion, Celltrion Healthcare and Celltrion Pharm stood at 65.21 trillion won ($61.23 billion) at the close of Friday's session. Celltrion logged a market cap of 41.89 trillion won, while Celltrion Healthcare and Celltrion Pharm posted 20.34 trillion won and 2.98 trillion won, respectively.

Is won on course toward 3-digit level?

Tue, 01/16/2018 - 05:26
With the rapid appreciation of the Korean won, concerns are brewing that the local currency will rise in value up to the three-digit level against the U.S. dollar.

Communist takeover in Nepal

Tue, 01/16/2018 - 05:26
The Communists are taking over in Nepal and nobody cares. Thirty years ago it would have caused a grave international crisis; 50 years ago there would even have been talk of foreign military intervention. Today _ nothing. Outside Nepal, it has barely made the news at all.

Seoul to offer free public transport on Monday to combat fine dust

Sun, 01/14/2018 - 01:40
The ministry said the measures are being taken because fine dust levels have reached 57 micrograms per cubic meter in Seoul as of 4 p.m. Sunday. The corresponding numbers for nearby Incheon and Gyeonggi Province reached 54 micograms and 67 micrograms, respectively.

Former special counsel blames prosecution over DAS investigation

Sun, 01/14/2018 - 01:40
Former special counsel Jeong Ho-young, who led the 2008 investigation into the scandal-ridden company DAS, said the prosecution failed to conduct a proper follow-up investigation after his team referred the case to it, adding he believed the firm was involved in the alleged embezzlement of 12 billion won ($11 million).

Spy agency to be stripped of espionage cases

Sun, 01/14/2018 - 01:40
The nation's spy agency will no longer be allowed to investigate domestic espionage cases or collect information on politicians and citizens, Cheong Wa Dae said Sunday. The police will instead take over probes into espionage, and the prosecution's investigative role will be reduced, the presidential office said in a briefing on reform of the three investigative bodies.

MONDAY, JANUARY 15, 2018

Sun, 01/14/2018 - 01:40
Today is Monday, January 15, the 15th day of 2018. There are 350 days left in the year.

Koreas to handle cultural event first

Sun, 01/14/2018 - 01:40
The two Koreas will meet Monday to discuss the North Korean performers' participation in the PyeongChang Winter Olympics next month, the Ministry of Unification said Saturday. Following the first inter-Korean talks in nearly two years, Jan. 9, the South proposed holding vice-ministerial working-level talks to the North regarding various issues related to its Olympic participation. The North made a counter proposal for lower-level talks about sending performers to the Games.

Seoul to hand out 42,000 PyeongChang Olympics tickets to families in need

Sun, 01/14/2018 - 01:40
Seoul Metropolitan Government is planning to hand out 42,000 tickets to the PyeongChang 2018 Winter Olympics to families in need including low income and multiracial families.

Two Koreas to hold working-level talks on art troupe's visit to Olympics on Monday

Sun, 01/14/2018 - 01:40
The talks to be held on Monday will focus mostly on the North's plan to send an art troupe to the Feb. 9-25 Winter Olympics that South Korea will host in its alpine town of PyeongChang, according to the ministry. "We have proposed to the North holding the talks at 10 a.m.," a ministry official said. "The detailed schedule will likely be finalized today."

In memory of student activist

Sun, 01/14/2018 - 01:40

DAILY FORTUNE - JANUARY 15, 2018

Sun, 01/14/2018 - 01:40

Virtual money paints Moon administration into corner

Sun, 01/14/2018 - 01:40
The Moon Jae-in administration is zigzagging on the cryptocurrency phenomenon, as it has been struggling to come up with a coordinated response to the issue. The government's missteps could make the local market more vulnerable to fluctuations, and furthermore, take a heavy toll on Moon's presidency, analysts warn. Korea is the world's third-largest digital token market after the United States and Japan and cryptocurrency is becoming a buzzword nationwide, raising fears of a price bubble.

Curbing abuse of power

Sun, 01/14/2018 - 01:40
A blueprint to reform Korea's spy agency, police and prosecution aims to prevent abuse of power and to better serve the people and the nation. To this end, the government plans to ensure checks and balances among the three agencies.

Seoul Education Office bolsters budget for free meals in school

Sun, 01/14/2018 - 01:40
The Seoul Metropolitan Office of Education said Sunday that it will increase the free meal budget for elementary and middle schools in the capital beginning in March, despite a decrease in the student population due to the nation's low birthrate. The office set the budget at 308.3 billion won ($290 mil.), an increase of 19.1 billion won from the previous year.

South Korean arrested on charge of murdering wife, son in Hong Kong

Sun, 01/14/2018 - 01:40
Hong Kong police have arrested a South Korean man on suspicion of murdering his wife and seven-year-old son at the five-star Ritz-Carlton hotel, according to Reuters. The two were found dead in a room at 8:30 a.m. The man reportedly appeared drunk and injured. He was arrested at the scene and sent to hospital.

Decoding politicians' obsession with sports diplomacy

Sun, 01/14/2018 - 01:40
Members of the women's ice hockey team were upset last week on learning that South Korea has been pushing for a unified hockey team for the PyeongChang Olympics.The news broke on Friday when they returned to Seoul after wrapping up their winter training in Minnesota in the U.S.

SMG to help detect hidden cameras at private venues

Sun, 01/14/2018 - 01:40
The Seoul Metropolitan Government (SMG) said Sunday that it would help owners of private venues locate hidden cameras installed without their knowledge as part of efforts to tackle growing fears that women are being secretly filmed in their private moments, mostly involving sexual activities or getting undressed.