Archive for March, 2015

Supercars Buck Recession

Sales of imported cars set new records every month despite the recession, with so-called “supercars” making considerable inroads.

Status-consciousness, it seems, is recession-proof, and the very rich are always very rich, whatever the economic climate.

The Bentley, which costs ove… …read more

Gaeseong Biz Delegation Discuss Wage Hike with N. Korean Officials

[Inter-Korea] :

Representatives of South Korean companies operating factories at the inter-Korean Gaeseong …

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Stielike Announces Lineup for Int'l Friendlies

Korean national football manager Uli Stielike on Tuesday announced his 23-man squad for the upcoming friendlies here late this month.

Korea faces Uzbekistan in Daejeon on March 27, and New Zealand in Seoul on March 31.

Cha Du-ri of FC Seoul, who retires from the national squad aft… …read more

Heads of Gaeseong Firms to Decline North's Wage Notice

[Politics] :

Approximately twenty heads of companies operating in the inter-Korean government complex have …

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Seoul Must Stand Up to Chinese Pressure Over THAAD

China’s Assistant Foreign Minister Liu Jianchao met his South Korean counterpart Lee Kyung-soo in Seoul on Monday and told reporters that they had “candid and free discussions” over the issue of deploying U.S. Terminal High-Altitude Area Defense missiles on the Korean Peninsula.

Liu expre… …read more

US Sends Assistant Secretary to Seoul for Consultations

[Politics] :

United States’ Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel has …

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Korea Has to Stop Global Dithering

The U.K. has decided to join the China-led Asian Infrastructure Investment Bank to fund development projects in Asia, the first G7 nation to do so.

U.K. Chancellor of the Exchequer George Osborne said in a statement last week that the move would offer an “unrivalled opportunity” for both … …read more

N. Korea Demands Repair of Gaeseong Facilities before Wage Hike

[Inter-Korea] :

North Korea is said to have insisted on wage hikes for its workers at the Gaeseong Industrial …

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EU Unlikely to Extend Russia Sanctions Next Week

European Union leaders are unlikely to reach agreement at next week’s summit to prolong economic sanctions on Russia that expire in July, a senior EU official said Friday.

New sanctions on Russia also are off the table because EU governments want to give a chance to a fragile cease-fire in… …read more

S. Korea, Slovenia Foreign Ministers Discuss Economic Cooperation

[Politics] :

South Korea and Slovenia’s foreign ministers met in Seoul Friday and discussed …

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Kremlin Says Putin Healthy, Dismisses Illness Rumors

Russian President Vladimir Putin is in good health, the Kremlin said on Thursday, dismissing rumors that the leader was suffering from an illness after a foreign trip was canceled.

A Kazakh governmental source said Putin’s trip to Astana scheduled for this week was canceled because Putin h… …read more

Park: S. Korea-US Alliance Won't Be Shaken By Any Hindrance

[Politics] :

President Park Geun-hye has reiterated that the alliance between South Korea and the U.S. will not …

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Flight Attendant Sues Korean Air Heiress Over Nut Rage

A Korean Air flight attendant filed a suit in New York on Monday against Korean Air heiress Cho Hyun-ah, seeking compensation for damage to her career and emotional well-being.

Andrew Weinstein acting for flight attendant Kim Do-hee said, “Cho’s actions were not only humiliating, degradin… …read more

S. Korea, China, Japan Coordinate Agenda for Upcoming Foreign Ministerial Talks

[Politics] :

South Korea, China and Japan held a meeting of senior foreign ministry officials in Seoul to …

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Police Response in Lippert Attack Was a Disgrace

U.S. Ambassador Mark Lippert was released from hospital on Tuesday, five days after he was attacked by a knife-wielding assailant in broad daylight in downtown Seoul.

Many questions will have to be asked over the coming days and weeks, but perhaps the most urgent ones concern the police r… …read more

S. Korea Dismisses Report on China's Offer over THAAD Deployment

[Politics] :

South Korea has dismissed a media report that China has promised increased trade and business with …

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Investigators Find Pro-N. Korea Traces from Envoy Attacker's Items

[Domestic] :

Police investigating the knife assault on U.S. Ambassador Mark Lippert have found pro-North Korea …

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Park Holds Summit with Qatari Emir

[Politics] :

President Park Geun-hye held summit talks on Sunday with Qatar’s Emir Sheikh Tamim Bin Hamad Al Thani to discuss ways to expand bilateral economic cooperation.

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Apple Joins Dow Industrials, Nudges Out AT&T

Apple, the largest U.S. company by market value, will join the storied Dow Jones industrial average, replacing AT&T, in a change that reflects the dominant position of iPhone maker in the U.S. economy and society.

The decision to nudge aside AT&T, which has been part of the Dow for… …read more

Changwon to Market Duck-Shaped Buns

[Culture] :

The city of Changwon in South Gyeongsang Province is pushing to market baked goods that highlight …

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