Post Tagged with: "Korea News"

Lee Ha-na Credits Breakthrough Performance to 'Total Immersion'

Actress Lee Ha-na found it hard to let go when filming ended on her latest TV series, “Voice,” which concluded airing last week. “I cried every day after [production] ended,” she said.In the drama, which centers on the hunt for a serial killer, Lee played a police officer working at an emergency dis… …

U.S. lawmaker's move to relist N.K. as terror sponsor reflects bipartisan stance: official

SEOUL, March 18 (Yonhap) — A U.S. lawmaker’s move to introduce legislation calling for redesignating North Korea as a state sponsor of terrorism reflects the U.S. legislature’s “bipartisan” stance against a provocative North Korea, a Seoul official sa …

Prosecutors Preparing to Question Ex-President

[Domestic] : With just three days left to the interrogation of former President Park Geun-hye, prosecutors are …[more…] …

N. Korean airport among world's worst in global survey

North Korea’s only international airport in Pyongyang has been named one of the world’s worst airports in a British cust …

Why Isn't Makkuli Selling Well Overseas While Japanese Sake Gets ahead?

The export volume of Japanese sake (rice wine) last year was US$138 million, up more than 100 percent within the past ten years. In contrast, the amount of makkuli (Korean rice wine) exports fell to a low of $12.86 million last year after peaking $52.73 million in 2011. In the case of Japan, the government and the private sector worked together to open up new markets while in Korea the foreign makkuli sales shrank by more than 70 percent. The fate of traditional liquors in the two countrie… …

U.S. think tank: N. Korea operating lithium-6 plant for hydrogen bombs

By Chang Jae-soon WASHINGTON, March 17 (Yonhap) — North Korea is believed to have built and is operating a plant to produce lithium 6, a key ingredient for hydrogen bombs that are much more powerful than conventional nuclear weapons, a U.S. think tan …

China Reiterates Opposition to THAAD Ahead of Tillerson's Visit

[International] : China’s Foreign Ministry reiterated its opposition Friday to the deployment of THAAD missile …[more…] …

Securities Firm Stocks Surge on the Return of Bull Market

The stock prices of securities firms rose sharply amid the return of a bull market. On March 16, the securities industry index closed at 1,897.60, up 3.59 percent or 65.78 points from the previous day, the second highest growth among all KOSPI industrial sectors, behind the steel and metal industry (3.94%). The share price of Kiwoom Securities jumped 7.34 percent to 86,300 won, hitting the highest since November 2007. The stock prices of NH Investment & Securities, eBest Inve… …

Parties show mixed responses to Tillerson's vow for tough actions against N.K.

South Korean political parties showed mixed reactions on Friday to U.S. Secretary of State Rex Tillerson’s pledge to tak …

[Correspondent’s Column] The end of China’s Sunshine Policy toward South Korea

Was China’s behavior toward South Korea over the past four to five years under President Xi Jinping not its own form of “Sunshine Policy”? Was it not a time when China, having confirmed its own might .. …

Hyundai, Kia Launch New Electric Cars

Hyundai and Kia unveiled new electric cars at an expo on Jeju Island on Thursday. Hyundai launched a newly modified electric version of the Ioniq, which is W1.6 million cheaper than the previous model at W40 million (US$1=W1,132).But with incentives consumers can buy the car for under W20 million as… …

Gov't to Monitor Household Loan Situation Every Week in Response to Rising Interest Rates

The government will monitor the household debt situation every week after the U.S. Fed raised the benchmark interest rate. The government held on March 16 an emergency macroeconomic policy meting presided over by vice finance minister Choi Sang-mok to discuss the repercussions of the U.S. rate hike. In order to minimize the impact on the household sector, the government will check the household debt trend every week while coming up with measures to support financially vulnerable households th… …

Korea eyes attracting tourists from all across Asia to overcome THAAD row

South Korea has stepped up efforts to overhaul its dependence on China for its tourism trade by shifting the focus to ot …

US Secretary of State Arrives in S. Korea, Visits DMZ

[Politics] : U.S. Secretary of State Rex Tillerson has arrived in South Korea for a two-day visit as part of his …[more…] …

Three parties seek four-year, two-term presidency

SEOUL, March 17 (Yonhap) — South Korea’s three major parties excluding the biggest Democratic Party are seeking to revise the Constitution to adopt a four-year, two-term presidency while shortening the next president’s tenure to three years. The Korea …

Blinken: No Quick Military Fix on N. Korea, Pressure Must Continue

[International] : A former senior U.S. official says “there is no quick military fix” to North Korea’s nuclear …[more…] …

Schoolkids File Nuisance Complaint Against Park Supporters

Parents of children at an elementary school near the home of ex-President Park Geun-hye in Samseong-dong in southern Seoul filed a nuisance complaint on Wednesday after days of boisterous demonstrations by supporters of the ousted leader. They asked police to ban protests within 100 m of the school … …

Ban cites Paris climate accord as proudest moment of his 10-year U.N. tenure

SEOUL, March 16 (Yonhap) — Former United Nations Secretary-General Ban Kim-moon said Thursday the 2015 signing of the Paris agreement on climate change was the proudest moment of his 10-year tenure, defending the often-questioned U.N.’s role in solvin …

Unemployment Rate Hit 7-Year High

As the economic slump continues, Korea’s unemployment rate hit a seven-year high last month. With the shortage of jobs, the number of self-employed people marked the highest growth in 15 years. According to the National Statistical Office on March 15, the number of the unemployed stood at 1.35 million last month, up by 33,000 from a year ago. This figure was the highest since August 1999 (1,364,000). The nation’s unemployment rate reached 5.0 percent last month, up by 0.1 per… …

Malaysia says it has family consent to decide on Kim's body

Malaysian officials said Thursday that the family of Kim Jong Nam, who was killed last month, has given its consent to M …