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Unhappy ending for all the king’s men
If Choi See-joong had ever wondered what his worst day as a public figure would feel like, he definitely found out Monday night. It was just months ago that the 75-year-old former journalist carried himself like one of the most powerful and influential men in Korea that he was. He…
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Business
Free fall slide
LG Chem, Kumho Petro tumble in stock market The local stock market has been highly volatile over the past few weeks amid lingering woes over the eurozone’s debt crisis and a slow recovery by major economies, including the United States. In this unstable market, domestic companies have shown quite contrasting…
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Business
Reinventing business model
SK chairman to maximize synergy among affiliates SK Group Chairman Chey Tae-won is stepping up efforts to reinvent the group by redesigning its business portfolio and creating synergy among affiliates under new business line-up. The group’s recent takeover of Hynix Semiconductor, now SK hynix, was the first step for the…
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Society
The reasons why singles don’t marry
Why don’t they marry? Is it because of money? Losing a sense of self-respect may be the bigger reasons for it. The people who don’t are called the “generation of three abandonments” dating, marriage and childbirth. “Unable to marry” has now been added to them. Many people attribute the…
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Ban Ki-moon’s Burma road
United Nations Secretary General Ban Ki-moon is on the road to Burma to witness a critical moment in the isolated Southeast Asian state s slow but sure transition to a more open political system which may bring democracy, or could legitimize the long-ruling military regime. Recently, British Prime Minister David…
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No sea change for East Sea
Talk about news of earth-shaking international importance. In Monaco last week, the International Hydrographic Organization ― the body that sets official geographic place names for maps ― rejected Korea’s demand to add “East Sea” alongside “Sea of Japan” when denoting the body of water dividing the nations. The exclusive use…
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Lifestyle
Jindo dogs celebrated with special day
Jindo County in South Jeolla Province has dedicated May 3 as Jindo Dog Day and a festival will be held in honor of the bright and loyal canines. The celebration is designed to mark the 50th anniversary of the designation of the Jindo dog as Korea’s natural treasure No. 53.…
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Politics
Foreign minister in knotty mission in Myanmar
South Korea’s top diplomat will hold talks with the foreign minister of Myanmar this week as the resource-rich Southeast Asian country draws a flurry of high-profile visits from European countries and the United States. Minister of Foreign Affairs and Trade Kim Sung-hwan will sit down with his counterpart Wunna Maung…
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Underdogs challenge Park
Several politicians, whose support rates combined are lower than that of Park Geun-hye, are forming a collective front against her by declaring their bid to run in the Saenuri Party primary for December’s presidential election. The contenders, including Rep. Chung Mong-joon and Gyeonggi Governor Kim Moon-soo, are dreaming of a…
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Business
Naver’s monopoly challenged
Local giant to cultivate collaborative ecosystem Over the past 13 years, the local search giant like Naver has focused on providing Korean-language content and serving the local audience. Unlike Google which originally specialized as a search engine that acted as a conduit of existing Web content, Naver started from scratch…
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