Post Tagged with: "Korea News"

1 in 5 S. Koreans have pets

SEOUL, Feb. 19 (Yonhap) — Pet ownership in South Korea has been growing fast in recent years in line with its low birthrate and population aging with 1 in 5 Koreans owning pets, a government report showed Sunday. According to the report by the far …

Finding poison in N. Korean airport attack is hardest part

A paranoid dictator’s estranged brother. Two young female assassins. A crowded international airport. And a mysterious p …

How might Lee Jae-yong’s arrest affect Pres. Park’s impeachment trial?

Attention is focusing on what impact Samsung Electronics Vice Chairman Lee Jae-yong’s arrest on bribery charges will have on the impeachment trial of President Park Geun-hye. While it appears unlikel.. …

"With Home Health Care, Health Insurance Burden to Be Reduced"...Bayada Home Health Care Chairman

“Who would have cared for my grandma if she had no family member?” Mark Baiada (70), chairman of Bayada Home Health Care, had this thought when he was in his 20s as he had to care for her grandmother who was hospitalized. Fortunately for her, she had children and grandchildren who took turns to visit her and she got back her health in no time. At the time, young Mark was thinking about what kind of business to open and had an idea of providing services to elderly people or patients with no one t… …

FM meets Russian counterpart in Munich

SEOUL, Feb. 18 (Yonhap) — Top diplomats of South Korea and Russia held bilateral talks on Saturday on the sidelines of the Munich Security Conference amid the controversy over the deployment of an advanced U.S. missile defense system on the Korean Pen …

N. Korean man arrested in Kim Jong-nam murder case

KUALA LUMPUR/SEOUL — Malaysian police said Saturday they have arrested a North Korean man in connection with the recent …

Infamous union-busting entrepreneur is prosecuted

“The defendant, Yu Si-yeong, is sentenced to prison, and since he is believed to be a flight risk, he will be taken into legal custody.” It was the morning of Feb. 17, at courtroom no. 1 at the Cheo.. …

Chinese, Japanese FMs Agree on Importance of Abiding by UN Sanctions Resolutions

[International] : The top diplomats of China and Japan held one-on-one talks in the German city of Bonn on Friday and agreed on the importance of complying with UN Security Council resolutions sanctioning North Korea.[more…] …

Kremlin Denies Any Disappointment With Trump Administration

The Kremlin denied Friday that it has grown frustrated with a lack of progress in improving relations with Washington under President Donald Trump, saying it’s too early to say what course Russia-U.S. ties will take.”We never wore rose-tinted glasses, never had any illusions, so there is nothing to … …

What Determines Size of Underground Economy?

As the state-run Korea Institute of Public Finance estimated the size of the nation’s underground economy at 124 trillion won (US$108 billion) accounting for 8.0 percent of the GDP, controversies erupted as to how accurate the figure is. That’s because the latest figure was too low comparing to previous estimates made by research organizations in Korea and elsewhere. Previously the estimates were as high as 290 trillion won, or 25 percent of the GDP. As to why the estimates differ by more t… …

Family, friends describe ‘nice girl’ embroiled in Kim case

JAKARTA, Indonesia (AP) — Family and former neighbors of the Indonesian woman suspected of involvement in the audacious …

Assembly Panel, Biz Groups Sign MOU on Fighting Low Birthrate

[Domestic] : South Korea’s public and private sectors are coming together to work towards reversing the …[more…] …

[Photo] Disused Jeju warehouses reborn as cafes

In Jeju Island, disused warehouses are being reborn as cafes and galleries, due to a boom in tourism. …

N. Korean passport holder arrested in Malaysia over death of leader's half brother

TOKYO, Feb. 18 (Yonhap) — Malaysian police arrested a 47-year-old man possessing a North Korean passport in Kuala Lumpur on Friday night in connection with the death of the half brother of North Korean leader Kim Jong-un, Japan’s Kyodo News reported. …

Today's Photo: February 18, 2017

A Handful of Domestic Institutional Investors Acquire Stakes in British Energy Grid Operator

A handful of Korea’s institutional investors, including Hanwha Life Insurance, Hyundai Marine & Fire Insurance and the Korea Scientists & Engineers Mutual Aid Association, will acquire a 4.7-percent stake in Britain’s largest energy grid operator National Grid. An increasing number of domestic institutional investors are turning their eyes toward European markets, including Britain, as the yields from investments in American real estate and infrastructure are in decline. &nbsp… …

Acting president pledges to nurture 100 global venture firms by 2020

SEOUL, Feb. 17 (Yonhap) — Acting President and Prime Minister Hwang Kyo-ahn on Friday pledged to nurture 100 global venture firms by 2020 as part of the government’s efforts to promote startups, create jobs and revitalize the economy. To achieve t …

Heritage Economic Freedom Index: Korea's Economic Freedom at a Crossroads

Korea ranks 23rd in the world in terms of economic freedom index. Even though it is four steps higher than last year’s, Korea was warned that it is at a crossroads due to political uncertainty and rampant corruption. According to the Heritage Foundation’s 2017 Index of Economic Freedom published on February 16, Korea won the score of 74.3 and was classified as a “moderately free country.” Its rank of 23rd out of 180 countries under examination has been an improvement over 34th in 2013. Eve… …

North Korea still with no official response to Kim Jong-nam’s killing

As of Feb. 16, four days after the killing of Kim Jong-nam, 46, half brother of North Korean leader Kim Jong-un, North Korea had not made any official response. On Feb. 16, which was the 75th birthd.. …

Assassination Suspects Captured on Airport CCTV before Assault

[International] : The two female and four male suspects involved in the killing of Kim Jong-nam were found to have …[more…] …