Archive for February, 2015

Winter Flu Continues to Spread in South Korea

[Domestic] :

According to disease control authorities, the number of winter influenza patients in their forties is on the rise, and the flu has already spread among young children and adolescents.

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Nevada Regulators to Allow Betting on Olympics

The Olympic Games’ motto, “Faster, higher, stronger,” can now grow by one word in the U.S. market: “richer.”

The gaming commission in the U.S. state of Nevada has unanimously approved betting on the Olympics in Las Vegas, the country’s gambling capital.

Although betting on the Olymp… …read more

Lawmakers Question Gov't on Welfare, Labor Policy During Interpellation

[Politics] :

On the final day of the National Assembly’s three-day interpellation session on Friday, lawmakers …

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Samsung Freezes Wages This Year

Samsung Electronics is freezing wages for all staff this year as earnings plunged due to sluggish smartphone sales last year.

The electronics giant reached the decision in talks with unions, it said on Thursday. The enterprise-wide freeze is the first since 2009, just after the global fin… …read more

N. Korea Notifies S. Korea of 5% Minimum Wage Hike at Gaeseong Factory Park

[Inter-Korea] :

North Korea has unilaterally informed South Korea that the minimum monthly wage of its workers at …

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FIFA Women's Trophy Stops By in Korea

The FIFA Women’s World Cup Trophy Tour made a stopover in Korea on Wednesday.

The trophy was unveiled at the National Football Center in Paju, Gyeonggi Province in the presence of the national women’s football team.

It is 47 cm tall, weighs 4.6 kg and is made of gold, bronze and al… …read more

Missing Korean Teen Found in ISIS Training Camp

A Korean teenager who went missing in Turkey in January is receiving training in an ISIS boot camp, the National Intelligence Service told the National Assembly on Tuesday.

The NIS says it contacted the Islamist terror group through an overseas intelligence intermediary with a request to s… …read more

NIS: Missing Teen Voluntarily Joined Islamic State

[Politics] :

The National Intelligence Service has confirmed that a South Korean teen who went missing in Turkey last month joined Islamic State (IS) and is currently undergoing training.

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Monthly Tutoring Costs for Elementary School Students at 370,000 Won (332 USD)

[Culture] :

A survey finds that 63 percent of South Korean parents of elementary school children feel burdened …

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Park Pays Last Respects to Cousin

President Park Geun-hye paid her last respects to Park Young-ok, her cousin and the wife of former Prime Minister Kim Jong-pil, who died last Saturday aged 86.

Park arrived at the funeral hall at the Asan Medical Center in Seoul at 4:30 p.m. where she laid white chrysanthemums on a memori… …read more

There Are Many Good Reasons for Park to Go to Moscow

If President Park Geun-hye decides to go to Russia in May, she should do it with several solid goals in mind, not on the off-chance of meeting North Korean leader Kim Jung-un there for a chat.

As a wartime ally of the U.S., the Soviet Union agreed to fight in the Pacific theatre against Ja… …read more

Gov't Denounces Japan's Dokdo Event as Historically Regressive Behavior

[Politics] :

The government denounced an event that Japan’s Shimane Prefecture hosted Sunday promoting …

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Roads Congested as Lunar New Year Holiday Winds Down

[Politics] :

With the five-day Lunar New Year holiday winding down, major roads were congested on Saturday …

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Roads Congested as Lunar New Year Holiday Winds Down

[Politics] :

With the five-day Lunar New Year holiday winding down, major roads were congested on Saturday …

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Greece, EU Reach Agreement Over Bailout Plan

Eurozone finance ministers agreed Friday to extend Greece’s bailout loan program for four months, overcoming a Greece-Germany stand-off.

Greek officials are expected to present a list of comprehensive reforms on Monday for the country’s debt inspectors to assess. Parties realized that is m… …read more

S. Korea to Join Global Effort to Prevent Violent Extremism

[Politics] :

South Korea pledged Thursday to actively join the global effort to prevent violent extremism.

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Germany Rejects Greece's Extension Proposal

Germany on Thursday rejected debt-ridden Greece’s bid for a six-month extension of its bailout, but Athens later said that the country’s premier had a “constructive” phone call with Germany’s leader about the financial crisis.

Premier Alexis Tsipras and Chancellor Angela Merkel talked for … …read more

Swiss Prosecutors Raid HSBC Subsidiary

Geneva prosecutors have raided the Swiss office of the British banking giant HSBC and announced a criminal investigation into accusations it was laundering money.

The raid was taking place at the offices of HSBC Private Bank Switzerland, according to a statement released Wednesday by Genev… …read more

Customs Service: 85% of Direct Shopping made in the U.S.

[Economy] :

The United States was found to be the most popular destination for South Korean direct shoppers.

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Chinese Insurer to Buy S. Korea's Tongyang Life

[Economy] :

China’s Anbang Insurance Group will acquire South Korea’s Tongyang Life Insurance for …

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