Archive for April, 2018

DP Lawmaker Cancels Plan to Declare Bid to Run in Local Elections

[Politics] : Ruling Democratic Party(DP) lawmaker, Kim Kyoung-soo, has canceled a plan to declare on Thursday, his intention to run for governor of South Gyeongsang Province.  Kim’s aides disclosed the decision in a text message sent an hour before the lawmaker’s planned announcement. Kim is said to be mulling …[more…] …

Xi to Visit Pyongyang Right After N.Korea-U.S. Summit

Chinese President Xi Jinping is expected to visit Pyongyang in June, reports said Wednesday. Beijing is moving fast for fear of being left out of the geopolitical game as North Korea and the U.S. are making preparations for a summit.North Korean leader Kim Jong-un invited Xi during a surprise visit … …

Two Koreas agree to broadcast summit live

South and North Korea have agreed to broadcast the upcoming 2018 Inter-Korean Summit live. (Yonhap News) By Sohn JiAe South and North Korea have agreed to broadcast major events of …

Trump also aiming to eliminate N.K. chemical, biological weapons: official

SEOUL, April 19 (Yonhap) — In his upcoming summit with North Korean leader Kim Jong-un, United States President Donald Trump is aiming to eliminate the country’s arsenal of chemical and biological weapons as well as nuclear ones, the top American envo …

Blue House declares its intention to hold regular inter-Korean summits at Panmunjeom

On Apr. 17, the Blue House declared its determination to create a channel for the leaders of South and North Korea to meet periodically to resolve problems, explaining that “using this inter-Korean su.. …

Global Policy Experts to Converge in Seoul

Global policy experts from the U.S. and other countries are set to converge in Seoul at a moment when summits between the two Koreas and North Korea and the U.S. are just around the corner. The Chosun Ilbo is hosting the 9th Asian Leadership Conference from May 16-17 at the Walkerhill Hotel in Seoul… …

Two Koreas Agree to Broadcast Live Inter-Korean Summit

[Inter-Korea] : South and North Korea have agreed to broadcast live the upcoming inter-Korean summit scheduled to take place at the truce village of Panmunjeom next Friday.  Kwun Hyuk-ki, the head of Chunchugwan, the presidential press center, said the agreement was made at the second round of working-level talks held at …[more…] …

Trump: Pompeo met N. Korean leader, formed 'good relationship'

WASHINGTON, April 18 (Yonhap) — U.S. President Donald Trump confirmed Wednesday his country’s the new secretary of state nominee met with North Korea’s leader last week, saying the two formed a “good relationship.” “Mike Pompeo met with Kim Jong U …

Samsung and Facebook offer cautionary tales for companies who lose public trust

Both Samsung Securities and Facebook are facing their most severe crises since being established. Samsung Securities is currently suffering fallout from the worst dividend payment mistake in history, .. …

Data: 36 People Commit Suicide Every Day in S. Korea

[Domestic] : A new report shows an average of 36 South Koreans commit suicide every day. The Ministry of Health and Welfare disclosed the latest suicide-related figures on Tuesday during a workshop to discuss measures to address the issue.   According to the ministry, 13-thousand-92 people took their own lives …[more…] …

Kazakh president vows to support S. Korea on issues surrounding peninsula: Seoul

SEOUL, April 17 (Yonhap) — Kazakh President Nursultan Nazarbaev said Tuesday the Central Asian country will continue to support South Korea on issues related to the Korean Peninsula, as the leaders of two Koreas are set to hold a rare summit next week …

Inter-Korean Summit website goes live

The online platform for the 2018 Inter-Korean Summit, to be held on April 27, opens on April 17 (www.koreasummit.kr). (Inter-Korean Summit Preparation Committee) By Kim Young Shin The online …

December Replaces May as Favorite Wedding Season

Wedding halls are now more crowded in winter than in the traditional spring season as more couples wed at year’s end. According to Statistics Korea, December was the month with the most weddings last year with 27,600 (10.4 percent), followed by May (10.2 percent) and November (9.3 percent).One reaso… …

Inter-Korean Hotline to Connect Moon Jae-in & Kim Jong-un

[Politics] : An inter-Korean hotline will be established this week to directly connect the leaders of the two Koreas. South Korean Presidential Chief of Staff Im Jong-seok on Tuesday held a news conference, and briefed on the preparations of the upcoming inter-Korean summit next week.  Im told reporters that the …[more…] …

(LEAD) Seoul may send special envoys to N. Korea if necessary for summit: Cheong Wa Dae

(ATTN: UPDATES with additional remarks, more details, information from 3rd para) SEOUL, April 17 (Yonhap) — South Korea may send special envoys to North Korea if necessary to arrange or ensure the success of their summit next week, the presidential o …

Gov't Short-Termism Could Ruin Korea

The government is minded to disclose potentially sensitive technological information by publishing an environmental assessment report from a Samsung semiconductor plant that workers have accused of poisoning them. Semiconductor and some other technologies are industrial secrets and heavily fenced ar… …

Expansion of EITC a pioneering step to help young people gain extra income

Kang Jae-min (27, a pseudonym) is a freelancer who writes stories for online comics, but when he runs out of work, he takes short-term gigs at events to pay the bills. If Kang makes 10 million won (US.. …

Korean Air Suspends Owner's Daughter over Power Abuse Scandal

[Domestic] : Korean Air has temporarily suspended the youngest daughter of the company’s chairman from her official duties over allegations she abused her power by throwing water at an advertising agency employee. The nation’s largest air carrier said in a press release on Monday that Senior Vice President Cho …[more…] …

(2nd LD) FSS chief offers to resign after election watchdog finds past political donation unlawful

(ATTN: UPDATES with reactions from parties; ADDS details) SEOUL, April 16 (Yonhap) — Financial Supervisory Service Gov. Kim Ki-sik offered to resign Monday after the country’s election watchdog concluded that the former legislator breached the law in …

‘Peace, A New Start’ to mark Inter-Korean Summit

The official slogan for the 2018 Inter-Korean Summit, slated for April 27 in Panmunjeom, is ‘Peace, A New Start.’ By Sohn JiAe “Peace, A New Start” has been chosen as the officia …