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Korea Needs a New Economic Blueprint

The Korea Development Institute has slashed the country’s growth forecast for next year from 3.8 to 3.5 percent. That is lower than the government’s four percent and Bank of Korea’s 3.9 percent projection.

The economy slumped even further in the second half of this year, and if growth sla… …read more

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S. Korea, Vietnam Establish Free Trade Deal

[Politics] :

South Korea and Vietnam have agreed on a free trade agreement (FTA).

The two countries reached …

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N.Korea's Defense Commission Gets Bigger Headquarters

North Korea is extending the building of the top decision-making National Defense Commission in an apparent effort to accommodate more officials.

This suggests that the commission has become even more important in the repressive state since leader Kim Jong-un took office.

Construc… …read more

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Parliament Passes Major Bills on Welfare, Corruption

[Politics] :

The National Assembly has passed key pending bills aimed at improving welfare and rooting out corruption among public officials.

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Captain, Crew of Sunken Trawler Found Under Qualified

[Domestic] :

The captain and many crew members of a South Korean trawler that sank in Russian waters have been …

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Audi to Open More Auto Service Centers

Audi announced its plan to release at least seven new models here next year and increase the number of auto service centers from the current 25 to 40.

Under the plan, the automaker aims to increase its annual sales to over 30,000 cars here. BMW is the only foreign car brand that has manage… …read more

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Data of Princess Beatrice Possibly Leaked in Cyber Attack on Sony

[International] :

Princess Beatrice of the United Kingdom royal family is reportedly among the victims of a cyber attack against Sony Pictures by a hacker group

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NYT: Abe Administration Attempts to Whitewash History

[International] :

The New York Times has strongly criticized Japan’s Shinzo Abe administration for “playing with …

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Today's Photo: December 6, 2014

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US Special Rep. for N. Korea Sung Kim Arrives in S. Korea

[Politics] :

U.S. Special Representative for North Korea Policy Sung Kim arrived in South Korea on Thursday for …

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New Apple Technology to Rotate Falling Phones

Apple has developed a new technology that promises to protect fragile smartphone screens from shattering. CNET on Tuesday said the Californian IT giant was awarded a patent for the protection system.

The technology automatically calculates an estimated point of impact by vibration the mom… …read more

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Hong Kong Protest Leaders Will Surrender to Police

The three founders of Hong Kong’s Occupy movement are moving ahead with plans to surrender to police and are urging their fellow protesters to retreat for their own safety.

At a news conference Tuesday, Benny Tai, Chan Kin-man, and Chu Yiu-ming announced they will turn themselves into the … …read more

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Nat'l Assembly to Handle Next Year's Budget Plan on Tuesday

[Politics] :

The National Assembly will convene a plenary session on Tuesday to handle next year’s budget …

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Direct Won-Yuan Trade Starts

Monday sees the long-awaited opening of direct trading of the Korean won into yuan and vice versa, according to the Bank of Korea.

So far the won could only be directly changed into U.S. dollars, but direct trading of the yuan was apparently made possible to reduce heavy dependence on the… …read more

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Former Sex Slavery Victim Urges Japan to Resolve Sex Slavery Issue

[International] :

An elderly South Korean victim of Japan’s wartime sex slavery has urged Japan to resolve the issue of its sex slavery.

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Chang Won-jun Signs With Doosan for Record Pitcher Contract

[Politics] :

Free agent South Korean pitcher Chang Won-jun has signed a record-breaking contract with the Doosan …

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Preview for Next 'Star Wars' Film Released

A trailer for the upcoming installment of the “Star Wars” film franchise was released on Friday.

The film, which is called “Star Wars: The Force Awakens” and is scheduled to be released in December 2015, stars Oscar-winner Lupita Nyong’o, Andy Serkis, Adam Driver and Oscar Isaac.

“… …read more

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Research Team Finds Out How Air Pollutants Disturb Marine Ecosystem

[Science] :

A joint international research team led by a South Korean oceanographer has found out that air …

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N.Korea's Nasty Young Rulers

Kim Yeo-jong, the younger sister of North Korean leader Kim Jong-un, had been appointed a vice director in the Workers Party Central Committee. Until now, she was referred to only as a “senior official.” The position is equivalent to a vice minister in the South.

But Kim Yeo-jong is only … …read more

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Korea's Traditional Music "Nong-ak" Makes UNESCO List

[Culture] :

Korea’s traditional music that was originally performed by farmers, known as “nong-ak, has been …

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