• Business

    It will get worse

    Korea faces greater downside risk in 2nd half The Korean economy will face greater downside risks in the second half of this year, with exporters having a harder time shipping goods overseas due to the prolonged European debt crisis and other external negatives, the Korea Chamber of Commerce and Industry…

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  • Business

    Bahk criticizes chaebol bashing

    Strategy and Finance Minister Bahk Jae-wan expressed concerns Tuesday over the deafening chaebol bashing and welfare speechifying ahead of the December presidential poll. Bahk accused political parties of myopia and backwardness, and defending the country’s economic policies in support of big businesses. Talking to reporters on the sidelines of the…

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  • Qualifications of justices

    Confirmation hearing should not be rite of passage When Chief Justice Yang Seung-tae began selecting candidates to fill four vacancies at the Supreme Court about two months ago, this page called on him to consider such factors as diversity of court composition and the expertise of judges. Please bump that!…

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  • Chaebol bashing

    Time to discuss roadmap for conglomerates Reforming the country’s large business conglomerates, known as the chaebol, is emerging as a hot-button issue ahead of the presidential election slated for December. As the chaebol system is cited as the chief culprit behind worsening economic polarization, few would dare to challenge the…

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  • S. Korea missile range to increase

    Seoul and Washington are nearing a compromise to extend the former’s ballistic missile range which is now restricted to 300 kilometers, sources said Tuesday. The South Korean government reportedly asked to increase the missile range to at least 800 kilometers or to scrap the range-restriction agreement made with Washington. Seoul…

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  • Lawmaker Do’s poems to remain in textbooks

    Poet-turned-lawmaker Do Jong-hwan’s works will continue to be published in textbooks after the National Election Commission (NEC) said Tuesday that including them in textbooks does not go against the election law. The clarification came after the Korea Institute for Curriculum and Evaluation (KICE) asked the commission whether publishing a certain…

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  • Society

    Police in hot water over handcuffing incident

    Police are under fire for failing to secure the immediate release of three citizens who were handcuffed last Thursday by American troops following a dispute outside Osan U.S Air Force base near Pyeongtaek in Gyeonggi province. Activists claim that it is illegal under the Status of Forces Agreement (SOFA) for…

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  • Society

    Are Korea billboard ads effective?

    NEW YORK ― Times Square’s glittering spectacle of lights, neon signs and a chaotic bustle make it one of the busiest places on earth. And starting last Wednesday, in the heart of this glitzy spot, a giant digital billboard began playing an advertisement promoting Korea’s traditional folksong “Arirang.” Interesting ―…

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  • People

    Get your dose of 2NE1

    If any girl group has a chance of global success, 2NE1 should be one. They are fluent in English and other languages; have distinct flair and charisma that fill up any arena; natural talent in singing and dancing; and years of training. They are also blessed with one of the…

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  • Business

    IBM Korea under investigation

    Tech firm suspected of dumping products on sales agent The nation’s antitrust regulator has begun investigating IBM Korea for allegedly dumping its software products on a sales agent. In addition, the company banned the agent from selling the stockpiled products of another software firm the former took over. KSTEC, the…

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