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Foreign law firms take big bite of Korean M&A market

Multinational law firms are rapidly catching up with the dominant player Kim & Chang in the local merger and acquisition (M&A) legal advisory market, Bloomberg’s quarterly review showed Monday. The New York-based Simpson Thacher & Bartlett LLP ranked second on Bloomberg’s M&A legal advisory league table in terms of volume in the first quarter in […]

KRC leads in farming knowledge sharing

KRC leads in farming knowledge sharing

State-run firm eyes public-private partnership with developing countries The state-run Korea Rural Community Corp. (KRC) has been sharing its farming and agricultural infrastructure knowledge and experience with the developing world. The company has helped over 30 countries modernize their agricultural sector and participated in a number of rural development projects for developing countries, sponsored by […]

Top of the world

Top of the world

Son wins Korea’s first gold medal at gymnastics world cup Rhythmic gymnast Son Yeon-jae, 19, was not going to pass her prime without reaching the top of the world. At the FIG World Cup in Lisbon, Saturday, Son won Korea’s first gold medal in the individual all-around with 71.200 points. She added 17.550 points in […]

Japanese ambassador steals show at Garden Club flower event

Japanese Ambassador Koro Bessho contributed his Korean calligraphy work to the flower arrangements exhibition organized by the Garden Club of Seoul at the Raemian Gallery in Seoul, Thursday. Bessho drew keen attention during the annual event because he was the only foreign ambassador who contributed his work to the event showcasing the flower projects of […]

Cross-border love weathers war

Iraqi ambassador’s wife sees a shift in Iran-Iraq ties after war in 1980s Iraqi Ambassador to Korea Khalil Al-Mosawi had a secret that he never shared with any other family members for many years after he tied the knot with his wife Avazeh Kasrai in 1982. His wife is an Iranian. Kasrai left Iran in […]

NPS sells Samsung, buys SK shares

The National Pension Service (NPS) cut its stock investments in Samsung Group and Hyundai Motor Group last year, as part of efforts to diversify its portfolio, the pension fund said Sunday. “We have recently decided to decrease the ratio of bonds (amid the U.S. Federal Reserve’s move to pare back its bond-buying program with the […]

Expats not satisfied with banking services

Expats not satisfied with banking services

Korean banks offer various services for foreigners, but many of these are not utilized due to a lack of promotion. Even some fortunate individuals who received loans from Korean banks, including Mike Weisbart, a Canadian, say getting a loan is still a very challenging process, even for permanent residents. “It’s very difficult to understand how […]

Two-faced neighbor

New Japanese textbooks ruin their children’s future Japan’s historical whitewashing reached a new low Friday when Tokyo expanded their targets of distorted education to include elementary schoolchildren. According to a revision added to their history books, Dokdo is Japanese sovereign territory unlawfully occupied by Korea. This is a glaring aggravation from previous books, which merely […]

Korean stars grace Hollywood movies

Korean stars grace Hollywood movies

A record number of actors will play major roles in US blockbusters Are Korean actors increasingly wanted in Hollywood, or is it a sheer coincidence that a record number of them will have the opportunity to feature in Hollywood films this year? So far five Korean actors — Lee Byung-hun, Choi Min-sik, Jung Ji-hoon, Bae […]

Park faces N. Korea dilemma

Park faces N. Korea dilemma

Pyongyang threatens nuclear, missile tests President Park Geun-hye has a new dilemma over North Korea. Park made a peace overture to Pyongyang during a recent visit to the German city of Dresden. The North reacted to her “Dresden Doctrine” by firing missiles and threatening nuclear tests. But Park remains calm. She has prevailed with aplomb […]

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