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Not All Chaebol Brats Are Born for Management

The children of big business owners usually join the family firm before they are 30, and within three years they have reached a top position, a study shows. That is faster than the four years it usually takes for an ordinary employee to rise to the position of assistant manager.

Nine of the… …read more

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US Expert: New Images of Possible Vertical Missile Launch Tubes in N. Korea

[Inter-Korea] :

A U.S. analyst on North Korean defense and intelligence affairs said Thursday that new evidence has indicated that the conning tower of a new North Korean submarine is housing possible vertical launch tubes for either ballistic or cruise missiles.

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Chinese Call for Stronger Border Security Grows

[Inter-Korea] :

A group of Chinese citizens in regions bordering North Korea are calling on the Chinese government …

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After a Career-Defining Year, Rhythmic Gymnast Sets Her Sights on Rio

Last year turned out to be a very special one for rhythmic gymnast Son Yeon-jae. The bashful teenager who mesmerized gymnastics fans with her captivating performances at the 2012 London Olympics has since grown into a young woman.

Son won a total of 19 medals in international competitions … …read more

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Daily Average Won-yuan Trading Reaches $900Mln in First Month

[Economy] :

The daily average trading volume in the won-yuan trading market in South Korea reached almost 900 …

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S. Korean Flag Carriers Operate 299 Aircraft

[Economy] :

The number of airplanes owned by the nation’s two flag carriers have steadily increased over the …

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Carmakers in Marketing Drive for Hybrids

Makers of hybrid cars are bolstering their marketing campaigns at the start of the year with extended warranties and other special offers.

Toyota said Monday it is extending the warranty period for the main batteries of hybrids from five years or 80,000 km to 10 years and 200,000 km… …read more

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S. Korea, US at Odds over Compensation of Faulty Missile

[Politics] :

Military authorities of South Korea and the United States are at odds over compensation for a …

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Gov't Produces English Version Statements of Sex Slavery Victims

[Domestic] :

The government has produced an English version of the verbal statements of the victims of Japan’s wartime sexual slavery.

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Prosecutors to Indict Police Official for Top Office Document Leak

[Domestic] :

Police Superintendent Park Gwan-cheon, suspected of being the central figure behind the leak of the …

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Bono Says He May Never Play Guitar Again

Bono, the frontman of the Irish rock group U2 who was injured in a cycling accident last year, said on Friday his recovery has not been easy and he may never play guitar again.

In a blog on the group’s website, the 54-year-old rocker described how he blanked out on impact during the cyclin… …read more

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Kim Jong-un Calls for 'Highest-Level' Talks with Seoul

North Korean leader Kim Jong-un raised the possibility of an inter-Korean summit in his televised New Year’s address on Thursday.

“Depending on the mood and circumstances to be created, we have no reason not to hold the highest-level talks,” he told his audience on state TV.

The New… …read more

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S. Korea Saw Record Trade Surplus of $47.4 in 2014

[Economy] :

South Korea posted a new high last year in terms of exports and trade surplus.

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N. Korean Leader: No Reason Not to Hold Highest-level Inter-Korean Talks

[Inter-Korea] :

North Korean leader Kim Jong-un has expressed his willingness for an inter-Korean summit.

In a …

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Tropical Storm Kills at Least 53 in the Philippines

Philippine officials say the death toll has risen to 53 from Tropical Storm Jangmi, which caused landslides and floods in the central and southern parts of the country.

Most of the deaths occurred Tuesday as the storm moved away from southern Mindanao Island, where a day earlier its heavy … …read more

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Korean Air Heiress Arrested

Korean Air heiress Cho Hyun-ah, who exposed the carrier to global ridicule with her “nut rage” on board a flight from New York, will be greeting the New Year in jail.

A Korean Air executive surnamed Yeo who is suspected of destroying evidence that could be potentially damaging to Cho, was… …read more

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US Supports Improved Inter-Korean Relations After Proposed Talks Between Two Koreas

[Politics] :

Following Seoul’s proposal to Pyongyang to hold high-level talks next month, Washington said it …

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PM, Deputy PMs Hold First 3-Way Meeting to Discuss State Affairs

[Politics] :

Prime Minister Chung Hong-won and two deputy prime ministers have held an inaugural meeting of …

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8 Ministry Officials to Be Disciplined Over 'Nut Rage'

Eight civil servants will be disciplined for their misconduct in the investigation of the Korean Air “nut rage” incident.

The Ministry of Land, Infrastructure and Transport came under the fire for blatantly rigging the initial investigation to exculpate Korean Air heiress Cho Hyun-ah.

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S. Korea-Japan Vice Foreign Ministers Meeting Held in Seoul

[Politics] :

Vice Foreign Ministers of South Korea and Japan have agreed to make 2015 the year that marks a …

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