Archive for October, 2017

“Direct investment” in tax havens by Korean companies on the rise

Around 36 trillion won (US$32 billion) in nine years was sent to tax havens as “direct investment” by South Korean corporations, a report shows. An Oct. 30 analysis of overseas investment figures .. …

"Underground Tunnel at N. Korean Nuke Test Site Collapses, 200 Killed"

[International] : A Japanese broadcaster is reporting that an underground tunnel being built at North Korea’s …[more…] …

As many as 200 N. Koreans killed in tunnel collapse at nuclear test stie: report

    A tunnel under construction at North Korea’s nuclear test site collapsed and as many as 200 workers could have been …

(2nd LD) Trump not to visit Korean demilitarized zone: senior official

(ATTN: UPDATES with more details; MINOR EDITS) WASHINGTON, Oct. 31 (Yonhap) — U.S. President Donald Trump will not visit the Korean demilitarized zone when he travels to South Korea next week, a senior U.S. government official said Tuesday. Specu …

Korea, China agree to normalize bilateral ties

The Korean and Chinese governments have agreed to hold a summit on the sidelines of the Asia-Pacific Economic Cooperation Summit in Da Nang, Vietnam, which starts on Nov. 10. Pictured are President Mo …

Korea-China THAAD Spat Buoys Tourism to Japan

Japan is seeing a surge in foreign visitors amid a spat between neighboring Korea and China over the deployment of a Terminal High-Altitude Area Defense battery here from the U.S. Japan’s tourist numbers were nearly twice Korea’s this year.According to the Japan National Tourism Organization, a reco… …

KOSPI Surges to Another Record Breaking High

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) has smashed its previous record high set …[more…] …

Moon calls on NK to participate in Olympics, reaffirms goal of peaceful reunification

President Moon Jae-in on Tuesday renewed his call for North Korea to participate in the PyeongChang Winter Games, saying …

Moon calls on N. Korea to participate in Olympics, reaffirms goal of peaceful reunification

SEOUL, Oct. 31 (Yonhap) — President Moon Jae-in on Tuesday renewed his call for North Korea to participate in the PyeongChang Olympic Winter Games, saying it will mark great progress toward peace on the peninsula. “The doors to PyeongChang, the ro …

[Interview] Chinese historian calls Xi’s consolidation of power “dangerous”

Zhang Lifan, a former researcher at the Chinese Academy of Sciences and independent-leaning historian and political critic, drew analogies to the “Records of the Three Kingdoms,” “Legend of Chu and Ha.. …

Prosecution Seeks 10-Year Prison Term for Lotte Group Chairman

[Domestic] : The prosecution has demanded a ten-year prison term for Lotte Group Chairman Shin Dong-bin over …[more…] …

[Breaking] Veteran actor crashed just 'minutes from home'

Actor Kim Joo-hyuk, 45, died as the result of a car crash Monday afternoon at around 6:30 p.m. in Samseong-dong, Seoul, …

(2nd LD) Actor Kim Joo-hyuk dies in car accident

(ATTN: UPDATES with details of accident) SEOUL, Oct. 30 (Yonhap) — Popular actor Kim Joo-hyuk died in a car crash Monday, police said. He was 45. The accident happened around 4:30 p.m. in southern Seoul when Kim’s Mercedes SUV rear-ended a vehicl …

President Moon meets World Korean Business Convention

President Moon Jae-in meets with 16 participants in this year’s World Korean Business Convention (WKBC), including head of the Overseas Koreans Foundation Han Woo-sung and Chairman Yim Do Jae of the W …

Prosecutors seek arrest warrant for former senior intelligence official

Prosecutors said Sunday that they have sought an arrest warrant for a former senior intelligence official on charges of …

China Objects to Taiwan President’s Visits to U.S.

Taiwan’s president began a weeklong journey Saturday, and China is not happy about it. Tsai Ing-wen’s trip has her visiting three Pacific Island allies — Tuvalu, the Solomon Islands and the Marshall Islands — via Honolulu and the U.S. territory of Guam. China claims sovereignty over democr… …

(EDITORIAL from Korea JoongAng Daily on Oct.30)

Wrong nomination again President Moon Jae-in’s cabinet appointments are heading to the finish line. But his recent nomination of Prof. Hong Jong-hak as head of the newly created Ministry of SMEs and Start-Ups is questionable given the way the nomi …

S. Korean research team develops new technology for predicting Alzheimer’s disease

A South Korean research team has developed technology for predicting Alzheimer’s disease in normal people through blood test results. With its acquisition by a venture business specializing in Alzheim.. …

'S. Korea, US Will Never Tolerate N. Korea's Provocations'

[Inter-Korea] : The defense chiefs of South Korea and the United States have warned that North Korea’s provocations …[more…] …

‘Seoul offered maintenance support for US arms deployed here’

The South Korean government suggested offering maintenance support for US strategic military assets, seeking to have mor …