Post Tagged with: "Korea News"

Moon highlights jobs, vision in meeting with business leaders

President Moon Jae-in on Thursday held the first round of a two-day meeting with South Korean corporate leaders, discuss …

Romance scam suckers South Korean out of nearly $90,000

“I’m a dispatch solder working in Syria. I’m getting reading to leave the service and would like to meet friends from around the world.” In mid-June, 50-year-old “L” received a social media friend re.. …

LS Group Secures 1 Tril. Won Cash from KKR

LS Group has secured cash of more than 1 trillion won from Kohlberg Kravis Roberts (KKR & Co.). In return, KKR will acquire a 47-percent stake in LS Automotive, the nation’s No. 1 automotive electronics company, at the cost of 750 billion won. In addition, KKR will purchase the 100-percent stake in the copper foil unit of LS Mtron at 300 billion won. LS Mtron is a machinery and electronic component maker 100-percent owned by LS Corp., a holding company of LS Group. According to investm… …

Park's Chief of Staff, Culture Minister Face Sentence Over Blacklist

Former presidential chief of staff Kim Ki-choon and ex-Culture Minister Cho Yoon-sun are being sentenced on Thursday on charges of blacklisting thousands of artists and cultural figures “hostile” to ex-President Park Geun-hye. The two and five other officials in the Park administration were indicted… …

Govt. panel to have around 350 citizens determine fate of 2 reactors

The government panel tasked with overseeing public deliberation on the fate of two nuclear reactors decided Thursday to …

US N. Korean Human Rights Bill Addresses Excavation, Family Reunion

[Politics] : Radio Free Asia(RFA) reported on Thursday that the U.S. Congress has proposed a bill seeking efforts from Washington to bring the remains of U.S. soldiers missing during the Korean War home.[more…] …

Pyongyang rejects Hyundai Asan's bid to hold memorial service in N. Korea

SEOUL, July 27 (Yonhap) — North Korea rejected Hyundai Asan Corp.’s request to hold a memorial service next month to mark the anniversary of the death of its former chairman, a corporate source said Thursday. The operator of the now-suspended tour …

Moon adopts homeless dog as presidential pet

South Korean President Moon Jae-in has officially adopted a homeless dog as a presidential pet, his office said Wednesda …

Moon adopts homeless dog as presidential pet

SEOUL, July 26 (Yonhap) — South Korean President Moon Jae-in has officially adopted a homeless dog as a presidential pet, his office said Wednesday. Moon received a rescue dog named “Tory” from the animal rights group Coexistence of Animal Rights …

Two-thirds of Top 500 S. Korean Firms Have No Female Executives

[Domestic] : A government survey shows two-thirds of large-sized South Korean companies have no female …[more…] …

[Photo] Park Geun-hye trial could be televised

Former President Park Geun-hye waits for her trial to begin at room 503 of Seoul Central District Court, May 23. The Supreme Court decided on July 25 that Park’s sentencing in her first trial can be b.. …

LG Display Set to Invest 17 Tril. Won for Next 3 Years

LG Display is set to invest 17 trillion won in Korea and elsewhere by 2020. This is in response to the fast-growing market for organic LEDs. The company also announced plans for investment in preparation for the 10.5th-generation display panels. The company unveiled the long-term investment plan on July 25 after holding a board of directors meeting. The centerpiece of the plan was the P10 plant it is currently building in Paju in the northwest of Seoul, including 2.8 trillion won in the 10.5t… …

PM renews govt. commitment to developing Saemangeum area

Prime Minister Lee Nak-yon on Wednesday renewed the government’s commitment to developing the reclaimed land in the sout …

[Column] Globalizers and Global Liars

As president, Donald Trump has continued to use the same protectionist rhetoric he used during the campaign, even though he has not done much to date to follow through with protectionist policies. Non.. …

Science ministry to be renamed Wednesday

SEOUL, July 25 (Yonhap) — The current science minstry will be renamed as part of government restructuring taking effect Wednesday. The Ministry of Science, ICT and Future Planning will now be called the Ministry of Science and ICT. The address …

Task force soon to be launched to review controversial comfort women deal

South Korea’s foreign ministry said that it is making preparations to launch a task force to review a controversial deal …

An Sets Korean Record, Park Advances to Final at FINA Championships

[Sports] : Swimmer An Se-hyeon has set a South Korean record and finished fifth in the 100 meter butterfly finals at the 2017 FINA World Aquatics Championships currently under way in Budapest, Hungary. [more…] …

Senior employment rate up 1.1 pct in May

SEJONG, July 25 (Yonhap) — The employment rate of senior citizens in South Korea gained ground in May from a year earlier as a growing amount remained in the job market or sought work amid the rapidly aging population, government data showed Tuesday. …

Russia Increasingly Propping Up N.Korean Regime

Russia has roughly doubled oil shipments and other exports to North Korea even as the international community is working to turn off the spigot for the belligerent regime. Moscow is fast emerging as a powerful backer of Pyongyang at a time when even China seems to be having second thoughts, and has … …

S. Korea pushes to revise missile guidelines to load up to 1 ton

The South Korean government is pushing to revise the missile guidelines developed with the United States to double the m …