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East Asia
Multicultural awards on Dec. 13
The Korea Times will host the inaugural Multicultural Korea Youth Awards at the Korea Press Center in downtown Seoul on Dec. 13, with the aim of promoting diversity and supporting talented children from multi-ethnic families. The recipients of the awards will be selected by a panel of judges including experts,…
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East Asia
‘Hallyu is firmly established trend’
Some dub the widespread Korean wave, or “hallyu,” as a short-term frenzy but a renowned distributor of various hallyu products in Japan claims it is already a firmly established trend. Hallyu Department Store CEO Kim Deug-hong is optimistic about Korean pop culture’s continuous popularity in Japan despite its recent struggle…
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East Asia
Dilemma over subsidies
KCC plans to ban SKT, KT, LG Uplus from attracting new customers The nation’s telecommunications regulator is expected to ban the nation’s three mobile carriers ― SK Telecom, KT and LG Uplus ― from signing up new customers for violating rules related to handset subsidies. The move comes as the…
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‘Don’t alienate chaebol’
Regulator dubs `democratization of economy’ talks populist The nation’s chief financial regulator has called on the three presidential candidates to stop bashing chaebol and find ways of addressing economic polarization from a broader perspective. “We are mature enough to talk about the democratization of economy,” Financial Services Commission (FSC) head…
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Is Hyundai treated fairly?
A series of class action lawsuits have been filed or are being prepared against Hyundai Motor and its sister automaker Kia Motors for overstating the fuel economy of 13 of their vehicles sold in North America during the past two years. Although the two automakers quickly admitted to the misconduct…
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East Asia
Nuclear policies up in the air
This is the last in a three-part series analyzing the latest issues confronting the country’s nuclear power plants. ㅡ ED. Whoever wins the presidency in the Dec. 19 election will seek to apply the brakes to the Lee Myung-bak administration’s increasing reliance on nuclear power as a source of electricity,…
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East Asia
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East Asia
South Korean Pop Singer Psy Performs At MTV Music Awards Show In Frankfurt
South Korean Psy performs during the 2012 MTV European Music Awards show at the Festhalle in Frankfurt, central Germany, Sunday, Nov. 11, 2012. <AP Photo/Michael Probst> South Korean Psy presents his award for the best video during the 2012 MTV European Music Awards show at the Festhalle in Frankfurt, central…
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East Asia
Vietnamese Delegates Delighted Upon Winning Right To Host 2019 Asiad
The delegates of Vietnam celebrate the victory during the OCA’s (Olympic Council of Asia) general assembly hosted in Macao, China, Nov. 8, 2012. Hanoi, capital of Vietnam, won the right to host the 2019 Asian Games. The delegate of Vietnam delivers a speech during the OCA’s (Olympic Council of Asia)…
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East Asia
Some 10,000 South Korean Laborers March Central Streets In Seoul Demanding Better Working Conditions
Workers march through central Seoul, South Korea, during a rally against government’s labor policy on Sunday, Nov. 11, 2012. About 10,000 members of the Korean Confederation of Trade Unions demanded better working condition and the end to companies’ use of temporary employees. Workers shout slogans during a rally against government’s…
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