Archive for November, 2015

Short Selling Increases Over Expected US Rate Hike

[Economy] :

Short selling, or the speculative sale of stock to capitalize on an imminent market fluctuation, is …

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Two Out of Three Adults Financially Illiterate

Two out of three adults worldwide are financially illiterate, according to a report published Wednesday.
The 2014 Gallup survey of 150,000 people in 148 nations asked people to answer questions about risk, inflation, and compound interest.
Researchers from the World Bank and Georgetown University an… …read more

S. Korea Raises Terrorism Alert Level to 'Caution'

[Politics] :

South Korea has raised its terrorism alert level by one notch as of 9 a.m. Tuesday, following the …

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Gangnam Sees Most Crimes in Seoul

Most major crimes in Seoul happen in the districts of Gangnam, Songpa, Yeongdeungpo and Gwanak. The finding comes from data the Seoul Metropolitan Police Agency submitted to Saenuri Party lawmaker Kang Gi-yoon last week.
The figures cover five major crimes — murder, robbery, sex crimes, theft, and … …read more

Park, Abe in Friendly Chat at G20 Summit

President Park Geun-hye and Japanese Prime Minister Shinzo Abe exchanged friendly words at the working lunch at the G20 summit that opened in Antalya, Turkey Sunday, the Asahi Shimbun reported on Monday.
According to the Asahi, Abe thanked Park, who was sitting next to him, for her warm hospitality… …read more

Over 900 Objections Raised about College Entrance Exam

[Culture] :

The Korea Institute for Curriculum and Evaluation says a total of 909 objections have been raised …

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N. Korea Declares No-Sail Zone in E. Sea Possibly for Missile Launch

[Inter-Korea] :

North Korea has declared a no-navigation zone in the East Sea, possibly indicating a missile launch.

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Lee Sang-hwa Wins 500M in Speed Skating World Cup

[Sports] :

Olympic champion Lee Sang-hwa won the opening 500-meter race on Friday in a World Cup speedskating …

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Russia Bans Egypt's National Carrier

Russia’s state aviation agency has banned Egypt’s national carrier from flying to Russia, amid speculation a bomb was planted on the Russian airliner that crashed last month in Egypt’s Sinai Peninsula.
Rosaviatsiya on Friday notified Domodedovo airport in Moscow, where Egypt’s air flights arrive, th… …read more

NPAD Chief: Ruling Party Made No Concessions in Electoral Talks

[Politics] :

The opposition chief has criticized the ruling Saenuri Party for making no concessions or decisive …

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What Use Is the English Part of the College Entrance Exam?

Planes were grounded for 35 minutes on Thursday afternoon as Korean high school students took their annual college entrance test. Drivers were advised to refrain from honking their horns during the listening section of the English language test.
To the foreign press such consideration seemed peculi… …read more

'N. Korea Reconfigures KN-08 Intercontinental Ballistic Missile'

[International] :

North Korea appears to have changed the structure of its KN-08 intercontinental ballistic missiles …

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More People Turn Backs on Social Media

An increasing number of people are tiring of Facebook, Twitter and Instagram and just want to be left alone.
They often wind up disillusioned after experiencing a world where every detail of everybody’s life is exposed to the public glare.
A man in his mid-40s, although he works as a marketing manag… …read more

Kang Jung-ho Shortlisted for MLB Rookie of the Year Award

Kang Jung-ho of the Pittsburgh Pirates has been shortlisted as one of three finalists for the National League Rookie of the Year award, according to on Wednesday.
Kang ended the season with a .287 batting average, 15 home runs, 58 RBIs and 60 runs scored in 126 games before he underwent sur… …read more

Over 630,000 Taking College Entrance Exam

[Domestic] :

The annual state-administered college entrance exam is being conducted at one-thousand-212 test …

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Korean War Veterans Hold Joint 60th Wedding Anniversary Ceremonies

[Politics] :

A joint ceremony was held on Tuesday for a dozen Korean War veterans to celebrate their 60th wedding anniversaries at the War Memorial of Korea.

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Low Prices Spark Fears of Japanese-Style Recession

Prices have gone down as the economy wallows in the doldrums, spawning fears of a Japanese-style long-term recession.
“Prices of consumer durables don’t go down because consumers don’t buy them at all during a protracted recession, but essential goods and services like food and beverages tend to get… …read more

Monument Longing for Reunification of Koreas Erected in Berlin

[Culture] :

A Korean monument has been erected in the German capital city of Berlin in a spirit of longing for …

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Ku Hye-sun Lands Lead Role in Upcoming Chinese Drama

Actress Ku Hye-sun has been cast as the female lead in an upcoming Chinese drama.
“The Legendary Tycoon” follows the life of a Chinese film industry tycoon, and Ku plays his wife.
The big-budget drama cast top actors from China, Hong Kong, Taiwan as well as Korea.
Ku left for Hengdian, China last … …read more

Britain, Russia Fly Citizens Home from Egypt After Deadly Crash

European holidaymakers are leaving the Egyptian resort town of Sharm el-Sheikh by the thousands following an airline disaster that killed hundreds of Russian tourists at the end of October.
British Foreign Secretary Philip Hammond said by the end of Sunday, 5,000 British citizens will have left the … …read more