Archive for September, 2016

Top Shipbuilders Despair of Meeting Targets

Korea’s top three shipbuilders are suffering from a record dearth of orders and it now seems impossible for them to meet their annual targets.
With little over three months left of the year, the nation’s top shipbuilders have only won just over 10 percent of their targets.
Hyundai Heavy Industries,… …read more

Ex-U.S. Military Leader Suggests Preemptive Strike on N.Korea

A former U.S. military leader has called for a preemptive strike on North Korea to punish it for its fifth nuclear test earlier this month.
Mike Mullen, a former chairman of the U.S. Joint Chiefs of Staff, was speaking at a seminar hosted by the U.S. Council on Foreign Relations on Friday.
Mullen s… …read more

Top Diplomats of S. Korea, US, Japan Call for More Pressure on N. Korea

[Politics] : Anchor: The top diplomats of South Korea, the U.S. and Japan met in New York on Sunday on the …[more…] …read more

FM Leaves for UN General Assembly in NY to Step up Pressure on N. Korea

[Politics] : Foreign Minister Yun Byung-se headed to New York on Saturday to attend the 71st UN General Assembly opening in New York next week.
[more…] …read more

McCartney, Starr Reunite on Blue Carpet for Beatles Documentary

Former Beatles Sir Paul McCartney and Ringo Starr reunited for a walk down memory lane on Thursday for the premiere of a documentary by Oscar winner Ron Howard about the Fab Four as they toured the world in the 1960s.
The singer-songwriter and drummer posed for photographs on a blue carpet in London… …read more

Russia Expresses Support for Fresh UN Sanctions on N. Korea

[International] : Russia has hinted that it will support fresh sanctions against North Korea at the UN Security …[more…] …read more

China Bans In-flight Use, Air Cargo of Note 7

[International] : China’s aviation authorities have banned the use of Samsung Electronics’ Galaxy Note 7 smartphones …[more…] …read more

Bayer Buying Monsanto for $66 Billion

German pharmaceutical giant Bayer has reached an agreement to buy U.S. seed and weed killer company Monsanto for $66 billion after months of negotiations, the two businesses announced Wednesday.
Bayer will pay Monsanto shareholders $128 a share in cash, the largest cash bid on record. Bayer initiall… …read more

Beijing Agrees More UN Action Needed against N. Korea

[Politics] : The Chinese Foreign Ministry says that Minister Wang Yi has expressed his agreement to engage in more UN action against North Korea, following its latest nuclear test last week.
[more…] …read more

Samsung Electronics to Apologize over Galaxy Note 7 Recall in Media Ad

[Economy] : Samsung Electronics says it will apologize for the global recall of its Galaxy Note 7 smartphones …[more…] …read more

Free Health Checkups for Heavy Smokers from Next Year

People between the age of 55 and 74 who have smoked about one packet of cigarettes a day for three decades will be able to get free lung checkups from next year.
An estimated 8,000 people fall into this category. Eligibility will gradually expand to cover all of high-risk smokers from 2019.
The Mi… …read more

5.8 Magnitude Quake Jolts Gyeongju Area

[Politics] : A five-point-one magnitude earthquake jolted Gyeongju City and areas surrounding the southeastern …[more…] …read more

Radical New Approach Needed to Dealing with N.Korea

North Korea conducted its fifth nuclear test on Friday in spite of intensifying international sanctions and just eight months after the last one.The blast is estimated at 12.2 kt of TNT, rivaling the intensity of the atomic bomb that was dropped on Hiroshima at the end of World War II. North Korean … …read more

Park to Meet with Party Leaders Monday

[Politics] : President Park Geun-hye will meet with the chiefs of three ruling and opposition parties on Monday.[more…] …read more

Multicultural Peace Festival Opens at Yeouido Park

[Culture] : The 2016 Multicultural Peace Festival opened at 10 a.m. Saturday at Seoul’s Yeouido Park.

The …[more…] …read more

Norway Leader Joins 'Napalm Girl' Protest Against Facebook

Norway’s prime minister on Friday challenged Facebook’s restrictions on nude photos by posting an iconic 1972 image of a naked, screaming girl running from a napalm attack in Vietnam. Facebook quickly deleted it.
The Pulitzer Prize-winning image by Associated Press photographer Nick Ut is at the cen… …read more

NIS: N. Korea Miniaturizing Nukes Faster Than Expected

[Politics] : South Korea’s intelligence agency has expressed concern that North Korea is miniaturizing nuclear …[more…] …read more

Global Shippers Eye Spoils of Hanjin Collapse

The world’s top two shipping companies are setting up new routes to and from Busan with an eye to mopping up the business of bankrupt Hanjin Shipping.
Danish shipper Maersk said Thursday it will launch a new route linking Shanghai, Busan and Los Angeles next week, deploying six 4,000 TEU vessels. O… …read more

East Asia Summit Adopts Special Statement on Nonproliferation

[International] : The East Asia Summit(EAS) has adopted a special statement on nonproliferation regarding North …[more…] …read more

Over 1 Million Homes Sit Empty

More than a million homes in Korea are empty, Statistics Korea said Wednesday. As of November there were 16.4 million homes in the nation, but 1.07 million or 6.5 percent were empty. Some 5.8 percent of apartments are unoccupied as property developers put up high-risers on spec and many remain unsol… …read more