• ‘Unification costs will depend on NK wages’

    South Koreans just can’t decide whether they want their country to unify with the North or not. One moment they get starry eyed imagining a bigger country with more political and economic clout but the next they worry about the enormous price tag attached to the combined country and social…

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  • East Asia

    Dr. Lee – woman pioneer

    Leading gynecologist builds network of hospitals, research centers This is the third in a series of interviews with prominent women leaders in the country’s financial and business sectors. Sponsors for this series include the Industrial Bank of Korea, Women in Innovation and Korea Network of Women in Finance. – ED.…

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  • East Asia

    Doha Bank ready to finance Korea builders

    Doha Bank Group CEO Raghavan Seetharaman said that the bank will step up efforts to finance Korean builders seeking to get the upper hand in the Arabian Gulf region where huge business chances are awaiting them. In an interview with The Korea Times Thursday, the head of the third-largest Qatari…

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  • Central Asia

    Supergiant Offshore Oilfield In Kazakhstan Ready To Pump Oil From 2013

    This August 2012 photo provided by North Caspian Operating Company, NCOC, shows Kashagan offshore oilfield in western Kazakhstan. The supergiant field, which is believed around 13 billion tons of recoverable oil, is expected to begin producing its first crude in 2013 after many years of delays. <AP Photo/North Caspian Operating…

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  • Business

    Psy most sought-after model for advertisers

    Psy, a 35-year-old chubby rapper and also a father of twin baby girls, has become the country’s most sought-after model for corporate advertisers these days, with his global hit “Gangnam Style’’ and comical horseback riding dance sweeping the planet. Companies that have signed Psy to promote their products have hit…

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  • LG Uplus, Google team up for new TV service

    Korean mobile carrier LG Uplus Corp. and U.S. tech giant Google Inc. said Tuesday they plan to launch a new program incorporating the two companies’ television services. The program, called “u+tv G,” will combine the No. 3 mobile carrier’s existing Internet Protocol (IPTV) service with the Android giant’s “Google TV”…

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  • USFK mail used as drug supply line

    The U.S. military postal system is being used as a supply channel for new kinds of drugs entering Korea, according to an opposition lawmaker Monday. To put the brakes on the runaway rise in drugs sent here, it is crucial the Korea Customs Service (KCS) steps up surveillance and inspections…

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  • Business

    ‘Testosterone is the problem’

    If it was called Lehman Sisters, there would have been no global financial crisis in 2008 and the U.S. investment firm would still be around, says Korea International Finance Institute CEO Kim Sang-kyung. Kim, regarded as godmother of women in the financial industry, resorts to the theory of balance to…

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  • Business

    Sense and sensitivity

    Does it matter that Kim called Japanese crown prince royal instead of imperial? TOKYO – World Bank President Jim Yong Kim arrived in Tokyo to share ideas with policymakers on how to lift the global economy out of the gutter. However, the Korean-American physician, who took the helm of the…

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  • IMF calls for cooperation in Northeast Asia

    TOKYO ― International Monetary Fund (IMF) Managing Director Christine Lagarde expressed concerns Thursday that the political wrangling between Korea, Japan and China is posing a further threat to the world’s already fragile financial health. “We would hope at the IMF meetings that longstanding differences concerning territorial matters can be resolved…

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