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NK warned against nuclear test
South Korea, the United States and Japan urged North Korea to drop its plan to conduct another nuclear test or face serious repercussions. They issued the warning following a trilateral meeting in Washington D.C., Monday. “If North Korea goes ahead with another nuclear test, we, along with the international community,…
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Hyundai hybrid cars have lowest emissions
Audi slapped with W1 billion fine Hyundai Motor’s hybrid vehicles produced the lowest emissions among domestic vehicles, the Ministry of Environment said Tuesday. According to a survey conducted by the Metropolitan Air Quality Management Office, a unit of the ministry, Hyundai’s Sonata Hybrid topped the list of the lowest emission…
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Moon stripped of doctorate over plagiarism
Kookmin University stripped Moon Dae-sung, a member of the International Olympic Committee (IOC) and a Saeunuri Party lawmaker, of his doctor’s degree in sports psychology last month, weeks after concluding that his thesis was plagiarized, an official from the school told The Korea Times on Tuesday. “The school revoked Moon’s…
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Samsung operating profit falls 4.3%
Samsung Electronics is expected to record an operating profit of 8.4 trillion won ($7.9 billion) in the first quarter, down 4.33 percent from a year ago, as the result of slow smartphone sales growth. That is up 1.08 percent from the previous quarter. According to a preliminary estimate released Tuesday,…
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KT starts big workforce cut
KT said Tuesday that it will cut the number of employees drastically under its new CEO Hwang Chang-gyu’s downsizing and cost-cutting initiatives. The firm will conduct “voluntary” retirement programs for those who’ve worked 15 years or longer. A KT official said the plan is “radical and unprecedented,” with the firm…
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Rep. Ahn loses magic
NPAD leader concedes on signature pledge Rep. Ahn Cheol-soo has lost another piece of his political soul by conceding his signature political initiative. In a news conference, Ahn, now co-chairman of the New Politics Alliance for Democracy (NPAD), announced that he would not insist on the abolition of parties’ nomination…
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East Asia
Dancing to the top
Son enjoys breakthrough in Lisbon World Cup Rhythmic gymnast Son Yeon-jae, 19, wrapped up her most successful international competition on Sunday with four gold medals at the FIG Rhythmic Gymnastics World Cup in Lisbon. After winning Korea’s first title ever in the individual all-around with 71.2 points on Saturday, she…
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Throwing new light on old treasures
National museum’s latest acquisitions highlight traditional Asian art The National Museum of Korea (NMK) has been ambitious in purchasing of Asian artworks since moving into its massive complex in Yongsan, downtown Seoul, in 2005. The museum’s new exhibition, “New Acquisitions of Asian Art,” provides the first glimpse into this expanding…
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Park’s ‘Dresden Doctrine’ faces tough test
North Korea reacts to peace initiative with provocations Barely 10 days after President Park Geun-hye came up with a package of proposals for the future unification of the two Koreas during her visit to the German city of Dresden last month, her so-called “Dresden Doctrine” has generated a great deal…
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Korea bets on casinos to boost economy
Experts say locals should be allowed to ensure success Provincial governments are betting on the construction of casinos to boost their economies in accordance with the Park Geun-hye administration’s creativity based economic paradigm. However, experts forecast that the casinos might not be able to compete against rivals in Macau, Singapore,…
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