The Korea Heald

    Prime minister celebrates Korean film's Cannes victory


    Prime Minister Lee Nak-yon Sunday delivered a congratulatory message for the winning of the top Cannes festival award by the South Korean film "Parasite."   "Parasite" won the top honor at the 72nd Cannes Film Festival on Saturday (French time), as the...

    Prime Minister Lee Nak-yon Sunday delivered a congratulatory message for the winning of the top Cannes festival award by the South Korean film "Parasite."   "Parasite" won the top honor at the 72nd Cannes Film Festival on Saturday (French time), as the first South Korean movie to take the main prize at the eminent film event.  "Director Bong Joon-ho's 'Parasite' was awarded the Palme d'Or at the Cannes Film Festival. The best honor for Korean films,"

    Bong Joon-ho's films pursue balance of commercial, artistic values


    South Korean auteur Bong Joon-ho, who won the top prize at the 72nd Cannes Film Festival on Saturday, is known for works that cater to both commercial and artistic tastes.His films often use metaphors, but they are not too difficult -- not only for film...

    South Korean auteur Bong Joon-ho, who won the top prize at the 72nd Cannes Film Festival on Saturday, is known for works that cater to both commercial and artistic tastes.His films often use metaphors, but they are not too difficult -- not only for film critics but also for audiences -- to understand. Throughout his filmography, he sheds light on chronic social issues like materialism and class division through analogy, and he never fails to cast a warm, good-humored eye over the weak. In his fi

    S. Korean cinema finally embraces Palme d'Or at Cannes


    Thanks to Bong Joon-ho's "Parasite" being awarded the Palme d'Or at Cannes on Saturday, South Korea has bagged the highest honor at two of the world's three most acclaimed film competitions -- Cannes, Venice and Berlin.The 72nd edition of the Cannes Film...

    Thanks to Bong Joon-ho's "Parasite" being awarded the Palme d'Or at Cannes on Saturday, South Korea has bagged the highest honor at two of the world's three most acclaimed film competitions -- Cannes, Venice and Berlin.The 72nd edition of the Cannes Film Festival gave its top prize to Bong's black comedy movie about a poor family becoming obsessed with a rich one after their son gets a job as a tutor for the wealthy family. It is the first time that a South Korean filmmaker has grabbed

    Bong Joon-ho's 'Parasite' wins Palme d'Or at Cannes


    CANNES, France (Yonhap) -- South Korean director Bong Joon-ho grabbed the highest honor at the 72nd Cannes Film Festival on Saturday for his black comedy movie "Parasite." Bong became the first South Korean director to win the Palme d'Or at Cannes....

    CANNES, France (Yonhap) -- South Korean director Bong Joon-ho grabbed the highest honor at the 72nd Cannes Film Festival on Saturday for his black comedy movie "Parasite." Bong became the first South Korean director to win the Palme d'Or at Cannes. Before him, Park Chan-wook was awarded the Grand Prix, the second-highest prize at the festival, for his thriller "Old Boy" in 2004.   His achievement marks the sixth time that a Korean film has received one of

    May to quit as party leader June 7, opening race for new PM


    Theresa May ended her failed three-year quest to lead Britain out of the European Union on Friday, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime minister who will try to complete...

    Theresa May ended her failed three-year quest to lead Britain out of the European Union on Friday, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime minister who will try to complete Brexit.``I have done my best,'' May said in a speech outside 10 Downing St., as close aides and her husband Philip looked on, before acknowledging that it was not good enough.Concluding her remarks, she struggled to contain her emotions and her voic

    Volcano on Indonesia's Bali erupts, flights canceled


    Bali's airport has canceled flights following an eruption of the Mount Agung volcano that spread ash over the south of the Indonesian island.The national disaster agency said Friday night's eruption lasted four minutes and 30 seconds and spread lava and...

    Bali's airport has canceled flights following an eruption of the Mount Agung volcano that spread ash over the south of the Indonesian island.The national disaster agency said Friday night's eruption lasted four minutes and 30 seconds and spread lava and incandescent rocks about 3 kilometers from the crater.Nine villages experienced thick ash fall. But the agency said it wasn't raising the alert level for the volcano and its exclusion zone remains a 4-kilometer radius around the crater.The Direct

    29 inmates killed in Venezuelan jail riot: Official


    A showdown between armed inmates and guards in an overcrowded cellblock of a Venezuelan jail Friday left at least 29 prisoners dead, an official said. The clash started when inmates, many armed, refused to let authorities enter, fearing they would be...

    A showdown between armed inmates and guards in an overcrowded cellblock of a Venezuelan jail Friday left at least 29 prisoners dead, an official said. The clash started when inmates, many armed, refused to let authorities enter, fearing they would be robbed, said Humberto Prado of the Venezuelan Prison Observatory. He said there were reports of at least one explosion.An official in the Attorney General's office who spoke on condition of anonymity because they were not authorized to speak said at

    Bolton says N. Korea missile tests violated UN resolutions


    US national security adviser John Bolton on Saturday called a series of short-range missile tests by North Korea earlier this month a violation of UN Security Council resolutions and said sanctions must be kept in place. The US, however, is willing to...

    US national security adviser John Bolton on Saturday called a series of short-range missile tests by North Korea earlier this month a violation of UN Security Council resolutions and said sanctions must be kept in place. The US, however, is willing to resume talks with North Korea at any time, Bolton said. Washington's position on the North's denuclearization is consistent and a repeated pattern of failures to rid North Korea of nuclear weapons should be stopped, he said.Bolton was speaking to r

    Court rejects arrest warrant for Samsung BioLogics CEO


    A Seoul court on Saturday rejected an arrest warrant for the head of Samsung BioLogics Co., who is under suspicion of abetting the destruction of evidence related to an accounting scandal.The Seoul Central District Court said "there is room for dispute"...

    A Seoul court on Saturday rejected an arrest warrant for the head of Samsung BioLogics Co., who is under suspicion of abetting the destruction of evidence related to an accounting scandal.The Seoul Central District Court said "there is room for dispute" over Samsung BioLogics CEO Kim Tae-han's supposed role in destroying evidence of the company's alleged window dressing in 2015.   The court, however, approved arrest warrants for two vice presidents of Samsung Electronics Co.,

    Lotte Group inks deals to sell 2 financial units


    Lotte Group signed deals to sell off its credit card unit and non-life insurer as part of efforts to meet regulatory requirements, with the combined value of the transactions roughly 1.7 trillion won ($1.43 billion), industry sources said Friday....

    Lotte Group signed deals to sell off its credit card unit and non-life insurer as part of efforts to meet regulatory requirements, with the combined value of the transactions roughly 1.7 trillion won ($1.43 billion), industry sources said Friday. According to the sources, retail-focused Lotte Group agreed to sell 80 percent of Lotte Card Co. to a Woori Bank-MBK Partners consortium for 1.3 trillion won. Woori Bank will own some 20 percent in the credit card firm, while the private equity fund wil

    Leak of Moon’s phone chat with Trump stokes controversy


    Controversy is growing after the government revealed that a diplomat had leaked to an opposition lawmaker details of the May 7 telephone conversation between President Moon Jae-in and US President Donald Trump. During a press conference on May 9, Rep....

    Controversy is growing after the government revealed that a diplomat had leaked to an opposition lawmaker details of the May 7 telephone conversation between President Moon Jae-in and US President Donald Trump. During a press conference on May 9, Rep. Khang Hyo-shang of the main opposition Liberty Korea Party disclosed what the two leaders had said on the phone, including Moon’s invitation to Trump to visit Korea.The presidential office and the Foreign Ministry here said Thursday that a 54

    S. Korean stocks retreat, won dips amid US’ threat to slap duties


    South Korean stocks fell Friday, while the won closed higher against the US dollar, hours after Washington’s remarks that it is considering to impose anti-subsidy duties on nations that undervalue their currencies against the greenback. The...

    South Korean stocks fell Friday, while the won closed higher against the US dollar, hours after Washington’s remarks that it is considering to impose anti-subsidy duties on nations that undervalue their currencies against the greenback. The announcement, which came amid an intensifying US-China trade dispute, put Korea at risk of higher tariffs, alongside the world’s second-largest economy China, Japan, India, Germany, and Switzerland.  The benchmark Kospi closed 14.28 points, o

    Govt. is making military brain-dead: main opposition leader


    The chief of the main opposition Liberty Korea Party, Hwang Kyo-ahn criticized the liberal government’s conciliatory policy toward North Korea on Thursday, claiming it making the military “brain-dead.”“Even when politicians speak of peace, the...

    The chief of the main opposition Liberty Korea Party, Hwang Kyo-ahn criticized the liberal government’s conciliatory policy toward North Korea on Thursday, claiming it making the military “brain-dead.”“Even when politicians speak of peace, the military should prevent weakening of its defense posture,” Hwang said in the party’s supreme council meeting held in Goseong, Gangwon Province.  As part of a political campaign promoting people’s livelihood, t

    S. Korea to stage new civilian-military exercise next week


    South Korea plans to launch a new civilian-military exercise next week to better brace for various contingencies, the defense and interior ministries said Friday, the latest in a series of reorganizations of defense drills to support peace efforts with...

    South Korea plans to launch a new civilian-military exercise next week to better brace for various contingencies, the defense and interior ministries said Friday, the latest in a series of reorganizations of defense drills to support peace efforts with North Korea.The inaugural Ulchi Taegeuk exercise will take place from May 27-30 involving around 480,000 civilians, government officials and armed service members from about 4,000 government and related agencies, the ministries said. Replacing the

    US commander says Pyongyang’s recent missile launches ‘routine military activities’


    Gen. Robert Abrams, the top commander of the combined forces here, said the recent launches of short-range missiles by North Korea were part of routine military exercises and that the security situation on the Korean Peninsula has not changed. During a...

    Gen. Robert Abrams, the top commander of the combined forces here, said the recent launches of short-range missiles by North Korea were part of routine military exercises and that the security situation on the Korean Peninsula has not changed. During a symposium in Honolulu on Wednesday, Abrams said joint military exercises between South Korea and the US were suspended in consideration of diplomatic efforts made by the two governments with North Korea. Abrams serves as the commander of the Unite

    Posco begins collective bargaining with union


    Posco, South Korea's top steelmaker, said Friday it has started this year's collective bargaining with its union.The union has made various requests to the management, including a base pay increase and an extension of the retirement age. Posco currently...

    Posco, South Korea's top steelmaker, said Friday it has started this year's collective bargaining with its union.The union has made various requests to the management, including a base pay increase and an extension of the retirement age. Posco currently has two labor unions, but the one affiliated with the Federation of Korean Trade Union is recognized as the representing union with more than 6,600 members after receiving approval from the National Labor Relations Commission last December. 

    Unification minister hopes better inter-Korean ties lead to resumption of nuclear talks


    Unification Minister Kim Yeon-chul said Friday that he will work hard to advance inter-Korean relations so as to resume the stalled denuclearization talks between the United States and North Korea."We will do our best to steadily improve inter-Korean...

    Unification Minister Kim Yeon-chul said Friday that he will work hard to advance inter-Korean relations so as to resume the stalled denuclearization talks between the United States and North Korea."We will do our best to steadily improve inter-Korean relations in a way that will lead to the resumption of North Korea-US talks at an early date," Kim said at a forum in Seoul. "Despite the lull since the Hanoi summit, North Korea and the US still maintain the principle of resolving th

    Moon meets farmers planting rice in Gyeongju


    President Moon Jae-in visited a southeastern rural village Friday to encourage farmers who were busy planting rice. He briefly planted rice himself and attended the test operation of an agricultural drone and a self-driving rice-planting device in Oksan...

    President Moon Jae-in visited a southeastern rural village Friday to encourage farmers who were busy planting rice. He briefly planted rice himself and attended the test operation of an agricultural drone and a self-driving rice-planting device in Oksan village in Gyeongju, 371 kilometers southeast of Seoul, according to his office, Cheong Wa Dae."Given the reality of rural areas suffering difficulties from the aging population and labor shortages, there's a desperate need to develop and sp

    [Newsmaker] One Navy officer dead, four injured in accident involving destroyer docked at port


    One Navy officer was killed and four others were injured Friday in an accident involving a destroyer that returned home after a mission in waters off Somalia.The accident occurred at 10:15 a.m. at a naval base in the southern port city of Jinhae when a...

    One Navy officer was killed and four others were injured Friday in an accident involving a destroyer that returned home after a mission in waters off Somalia.The accident occurred at 10:15 a.m. at a naval base in the southern port city of Jinhae when a rope used to connect the 4,400-ton Choi Young destroyer to the dock snapped with a bang for an unknown reason, according to officials. A welcoming ceremony was being held at the time at the port to mark the safe return of the vessel that had been

    Diageo Korea introduces fully paid family leave for employees


    Diageo Korea, the South Korean unit of the liquor maker, said Friday it will offer fully paid family leave for employees from July. This is in line with the headquarters’ global family leave policy, introduced as part of efforts to become a leading...

    Diageo Korea, the South Korean unit of the liquor maker, said Friday it will offer fully paid family leave for employees from July. This is in line with the headquarters’ global family leave policy, introduced as part of efforts to become a leading employer in the area of gender equality in the workplace and to create a more inclusive corporate culture, according to the company.  Both female and male employees will benefit from paid family leave of up to 26 weeks and four weeks.&

    Taiwan holds first gay marriages in historic day for Asia


    TAIPEI (AFP) -- Taiwan made history on Friday with Asia's first legal gay weddings as same-sex couples tied the knot in jubilant and emotional scenes, the culmination of a three-decade fight for equality.The weddings, which came a week after lawmakers...

    TAIPEI (AFP) -- Taiwan made history on Friday with Asia's first legal gay weddings as same-sex couples tied the knot in jubilant and emotional scenes, the culmination of a three-decade fight for equality.The weddings, which came a week after lawmakers took the unprecedented decision to legalise gay marriage despite staunch conservative opposition, places Taiwan at the vanguard of the burgeoning gay rights movement in Asia.Some dozen couples were among the first to arrive at a government office i

    Samsung BioLogics CEO attends arrest-warrant hearing in accounting scandal


    A local court was to hold a hearing on Friday to decide whether to issue an arrest warrant for the head of contract drug manufacturer Samsung BioLogics on charges of abetting destruction of evidence in the company's accounting scandal.Kim Tae-han, the...

    A local court was to hold a hearing on Friday to decide whether to issue an arrest warrant for the head of contract drug manufacturer Samsung BioLogics on charges of abetting destruction of evidence in the company's accounting scandal.Kim Tae-han, the first CEO-level suspect grilled by prosecutors in the escalating accounting scandal implicating the Samsung Group company and its affiliate, Samsung Bioepis, was to attend the hearing at the Seoul Central District Court in the morning. Kim is accus

    [Around the Hotels] Packages and promotions


    Avocado afternoon at Grand InterContinental Seoul ParnasLobby Lounge at Grand InterContinental Seoul Parnas presents the Avocado Royal High Tea Set.The set offers avocado cream dacquoise; avocado scones with clotted cream; avocado brownies; brioche...

    Avocado afternoon at Grand InterContinental Seoul ParnasLobby Lounge at Grand InterContinental Seoul Parnas presents the Avocado Royal High Tea Set.The set offers avocado cream dacquoise; avocado scones with clotted cream; avocado brownies; brioche sandwich with roasted avocado; roasted avocado stuffed with mushroom, spinach and chicken; and avocado salad with harissa shrimp. Guests can choose either coffee or tea to accompany the food. The set costs 75,000 won person. It is available from 2 p.m

    [Box Office] Movies in theaters this week


    The Gangster, The Cop, The Devil(Korea)Opened May 15Crime, ActionDirected by Lee Won-taeA notorious gangster Jang Dong-soo (Ma Dong-seok) narrowly survives a random attack by a serial killer, and sets out to bring justice to his attacker in his own way:...

    The Gangster, The Cop, The Devil(Korea)Opened May 15Crime, ActionDirected by Lee Won-taeA notorious gangster Jang Dong-soo (Ma Dong-seok) narrowly survives a random attack by a serial killer, and sets out to bring justice to his attacker in his own way: by brutally murdering him. At the same time, a cop Jung Tae-suk (Kim Mu-yeol) seeks to arrest the killer. The two men join forces to form the most unorthodox and perilous team, which will break down the moment they locate Kang.Miss & Mrs. Cop

    [Travel Bits] Festivals, sights across Korea


    Everland Rose FestivalLaunched in 1985, the long-running Everland Rose Festival opens every year in May. This year it continues until June 16. With a 20,000-square-meter rose garden, visitors can see various kinds of flowers while enjoying the amusement...

    Everland Rose FestivalLaunched in 1985, the long-running Everland Rose Festival opens every year in May. This year it continues until June 16. With a 20,000-square-meter rose garden, visitors can see various kinds of flowers while enjoying the amusement park.It is held inside Everland, South Korea’s largest theme park in Yongin, Gyeonggi Province, and is open to visitors of all ages.To find out more about the event, including admission fees and how to get there, visit the homepage at everl

    [Eye Plus] Green magic blooms in heart of Seoul


    Farming in the densely populated city of Seoul is nothing new. Many urban farmers make use of vacant spaces on top of apartment buildings, schools and public buildings to grow vegetables. Some rent privately owned spaces to start their own green...

    Farming in the densely populated city of Seoul is nothing new. Many urban farmers make use of vacant spaces on top of apartment buildings, schools and public buildings to grow vegetables. Some rent privately owned spaces to start their own green experiments. As of 2017, Seoul had 170 hectares of these farms, about the size of 238 soccer fields combined. In 2011, the figure was 29 hectares. The Seoul Metropolitan Government is a key backer of this growing urban farming trend.Earlier this year, it

    [Herald Interview] Chef puts faith in gimbap


    For chef Kim Rock-hun, gimbap is the perfect meal for the times. A roll of rice, vegetables and other ingredients wrapped tightly in a seaweed laver sheet, gimbap is tasty and healthy. Typically served in bite-sized slices, it is convenient to pack and...

    For chef Kim Rock-hun, gimbap is the perfect meal for the times. A roll of rice, vegetables and other ingredients wrapped tightly in a seaweed laver sheet, gimbap is tasty and healthy. Typically served in bite-sized slices, it is convenient to pack and eat on the move. “It is ‘slow fast food,’ filled with healthy ingredients. Can there be a better meal?” Kim, 49, said during an interview at his cooking studio in Nonhyeon-dong, southern Seoul. The only problem, accord

    [Weekender] Border-area tourism on the rise


    One of the last vestiges of the Cold War, the Demilitarized Zone is often described as the world’s most heavily fortified border. But it is also a tourist magnet, attracting 1.2 million visitors annually. From the bustling metropolis of Seoul, tour...

    One of the last vestiges of the Cold War, the Demilitarized Zone is often described as the world’s most heavily fortified border. But it is also a tourist magnet, attracting 1.2 million visitors annually. From the bustling metropolis of Seoul, tour buses take hundreds of foreign and local tourists to security-related tourism spots on a daily basis -- from Imjingak, a family-friendly theme park that serves as a starting point for border-area tourism, to the historic truce village of Panmunjom, wh

    Seoul urges Tokyo to accept WTO's ruling on Fukushima seafood ban


    South Korea's trade minister has urged Japan to accept the World Trade Organization's decision that upheld Seoul's import restrictions on Japanese seafood following the 2011 Fukushima nuclear disaster, Seoul's trade ministry said Friday.During an...

    South Korea's trade minister has urged Japan to accept the World Trade Organization's decision that upheld Seoul's import restrictions on Japanese seafood following the 2011 Fukushima nuclear disaster, Seoul's trade ministry said Friday.During an informal trade ministerial gathering at the WTO held in France earlier this week, South Korean Trade Minister Yoo Myung-hee said the final verdict from the organization's appellate body should be respected, according to the ministry.Yoo claimed it is al

    Chinese minister plays down inter-Korean railway project


    LEIPZIG, Germany -- Chinese Transport Minister Li Xiaopeng on Thursday said that China is not going to be involved in an inter-Korean railway project, saying it is “their own business.”When asked about China’s role in facilitating the project of...

    LEIPZIG, Germany -- Chinese Transport Minister Li Xiaopeng on Thursday said that China is not going to be involved in an inter-Korean railway project, saying it is “their own business.”When asked about China’s role in facilitating the project of reconnecting the railroad between South and North Korea, he said the project should be carried out by both countries, clearly indicating that China won’t be involved.“Reconnecting the railway network between two Koreas is their own business, and they hav

    Hydrogen tank explosion kills 2 in Gangneung


    A hydrogen tank explosion killed two people and left six injured in the eastern city of Gangneung in South Korea, the firefighting authorities said Thursday. One was seriously injured and five others suffered minor injuries when the hydrogen tank blew up...

    A hydrogen tank explosion killed two people and left six injured in the eastern city of Gangneung in South Korea, the firefighting authorities said Thursday. One was seriously injured and five others suffered minor injuries when the hydrogen tank blew up at Gangwon Technopark, a factory-type venture complex, in Gangneung, 240 kilometers east of Seoul, a spokeswoman at Gangwon Fire Headquarters said over the phone."We immediately deployed firefighters to the scene after receiving a call at 6

    [Weekender] An eerie reminder of precarious peace at DMZ Peace Trail


    Don’t take the Gangbyeonbuk highway during rush hours in Seoul.That was what I screamed in my mind as the bus took the well-traveled road, an agonizingly slow path eastward, toward Gangwon Province, where the government recently decided to open a new...

    Don’t take the Gangbyeonbuk highway during rush hours in Seoul.That was what I screamed in my mind as the bus took the well-traveled road, an agonizingly slow path eastward, toward Gangwon Province, where the government recently decided to open a new section of the Demilitarized Zone to civilians.The DMZ Peace Trail in Cheorwon County, Gangwon Province, some 90 kilometers from the capital, is the second of the project located at the inter-Korean border, which the authorities hope will serve as a

    [Graphic News] ‘Avengers: Endgame’ becomes most-viewed foreign film in S. Korea


      “Avengers: Endgame” became the most-watched foreign film in South Korean history, with 13.4 million admissions, its distributor said. The latest Marvel superhero flick set the record at around noon on Sunday, Walt Disney Company Korea said...

      “Avengers: Endgame” became the most-watched foreign film in South Korean history, with 13.4 million admissions, its distributor said. The latest Marvel superhero flick set the record at around noon on Sunday, Walt Disney Company Korea said based on a real-time box-office tally from the Korean Film Council. The previous No. 1 was “Avatar” (2009), which sold 13.30 million tickets from 2009 to 2010.

    Blizzard receives award for youth support


    Game publisher Blizzard Entertainment Korea received an award from the state-run Korea Student Aid Foundation on Thursday for supporting youths. Blizzard -- known for hit games “Starcraft,” “World of Warcraft,” “Hearthstone” and...

    Game publisher Blizzard Entertainment Korea received an award from the state-run Korea Student Aid Foundation on Thursday for supporting youths. Blizzard -- known for hit games “Starcraft,” “World of Warcraft,” “Hearthstone” and “Overwatch” -- has been providing scholarships and overseas training for youths who dream of careers in information technology and games.Since 2014, it has run the corporate social responsibility program Realize Your Dream in Korea.  Blizzard Entertainment Korea CEO Jeon

    Exit Daejeon announces W14.2b startup funding agreement


    DAEJEON -- Startups from across South Korea, global startup community leaders and representatives of Daejeon Metropolitan City flocked to Daejeon Convention Center Thursday to mark the end of the three-day Exit Daejeon 2019 event. Located some 140...

    DAEJEON -- Startups from across South Korea, global startup community leaders and representatives of Daejeon Metropolitan City flocked to Daejeon Convention Center Thursday to mark the end of the three-day Exit Daejeon 2019 event. Located some 140 kilometers south of Seoul, Daejeon served as a venue where local startups were given an opportunity for more international exposure. In the meantime, global startup community organizers like Slush and Junction, as well as early-stage startup investors

    [Herald Review] ‘A Boy and Sungreen,’ a pleasant and loveable coming-of-age story


    Director Ahn Ju-young’s first feature film is not a masterpiece, yet it has a strange appeal to it.The narrative and the plot are a bit plain, and I felt like Ahn dropped the ball a bit in the climax, but it is well-cast, the two leads are fantastic...

    Director Ahn Ju-young’s first feature film is not a masterpiece, yet it has a strange appeal to it.The narrative and the plot are a bit plain, and I felt like Ahn dropped the ball a bit in the climax, but it is well-cast, the two leads are fantastic and work extremely well together and the tone of the film is adorable. The small-budget film is getting barely any exposure, and without any big names and standout effects will likely drown rather quickly in sea of blockbuster films. But I feel like

    S. Korea holds memorial service for ex-President Roh


    Wearing yellow visors, a color that symbolizes former President Roh Moo-hyun, thousands of mourners gathered in his rural hometown Thursday to commemorate the 10th year since his death.First Lady Kim Jung-sook and high-ranking political and government...

    Wearing yellow visors, a color that symbolizes former President Roh Moo-hyun, thousands of mourners gathered in his rural hometown Thursday to commemorate the 10th year since his death.First Lady Kim Jung-sook and high-ranking political and government officials were also among those who attended a memorial service held at the Bongha Village in Gimhae, some 450 kilometers southeast of Seoul.(Yonhap)"Your politics started with integration of people. The path on which President Roh walked was the j

    US closely watching for N. Korea’s possible financial sanction violations


    US Treasury Secretary Steven Mnuchin said President Donald Trump has firm willingness to implement sanctions against North Korea, in another signal that the country will not pursue sanctions relief in order to resume nuclear talks. “The president is...

    US Treasury Secretary Steven Mnuchin said President Donald Trump has firm willingness to implement sanctions against North Korea, in another signal that the country will not pursue sanctions relief in order to resume nuclear talks. “The president is determined that we continue our efforts to enforce both the UN sanctions and the US sanctions against North Korea,” he said at the US House Committee on Financial Services on Tuesday. Treasury Secretary Steven Mnuchin testifies before the House Commi

    [News Focus] Korea’s farming population decreases 42% since 2000


    SEJONG -- South Korea saw the number and percentage of population engaged in agriculture continue to drop, though the number of urbanites returning or turning to farming has notably increased over the past decade.According to Statistics Korea, the number...

    SEJONG -- South Korea saw the number and percentage of population engaged in agriculture continue to drop, though the number of urbanites returning or turning to farming has notably increased over the past decade.According to Statistics Korea, the number of farm population (farming-household population in official) stood at 2.31 million as of 2018, which is a decline by about 750,000 individuals in the 2010s, compared to 3.06 million in 2010. (Graphic by Heo Tae-seong/The Korea Herald)Further, g

    [Editorial] Conditions for reform


    Cheong Wa Dae, the ruling party and the government unveiled a police reform plan Monday, but it is questionable if this can prevent police from becoming too powerful and secure independence in investigations. The plan calls for the establishment of a...

    Cheong Wa Dae, the ruling party and the government unveiled a police reform plan Monday, but it is questionable if this can prevent police from becoming too powerful and secure independence in investigations. The plan calls for the establishment of a “national investigation headquarters” and the expanded test operation of local police agencies to be created and run by provincial governments.The point of setting up the headquarters is to separate investigations from administration and intelligenc

    [David Ignatius] Trump confronts China's tech threat


    Huawei’s name is often translated in English as “Chinese excellence.” The Trump administration last week embarked on a campaign to rebrand the tech giant, in effect, as a “Chinese threat” and check its expansion in the West. The Huawei assault...

    Huawei’s name is often translated in English as “Chinese excellence.” The Trump administration last week embarked on a campaign to rebrand the tech giant, in effect, as a “Chinese threat” and check its expansion in the West. The Huawei assault may be the Trump administration’s most important long-term strategic decision, because it confronts China’s technological challenge to America head on. The goal is to prevent Huawei from dominating 5G wireless communications, the next phase of the digital

    Naver chooses 4 Asian countries as outposts for V Live service expansion


      South Korean tech giant Naver said Thursday it will focus on four Asian countries in expanding its K-pop livestreaming service, as part of efforts to boost its global profile starting with the region with better business outlook.  During a press...

      South Korean tech giant Naver said Thursday it will focus on four Asian countries in expanding its K-pop livestreaming service, as part of efforts to boost its global profile starting with the region with better business outlook.  During a press conference in central Seoul, Naver V Live’s chief Park Sun-young said it had chosen Vietnam, Indonesia, Thailand and Japan as strategic countries for expansion and would encourage local pop stars and influencers to participate in the V Live ecosystem.

    [Photo news] Paving the way to Myanmar


     The Industrial Bank of Korea CEO Kim Do-jin (fourth from left) stands with Myanmarese officials ahead of the bank’s investment briefing held Thursday at the Korea Chamber of Commerce and Industry. Some 260 Korean companies interested in advancing...

     The Industrial Bank of Korea CEO Kim Do-jin (fourth from left) stands with Myanmarese officials ahead of the bank’s investment briefing held Thursday at the Korea Chamber of Commerce and Industry. Some 260 Korean companies interested in advancing into Myanmar attended the event to learn about the legal system and investment environment, through the mediation of the state-run bank. (IBK)

    ‘Competition laws should be more flexible in digital era’


    The South Korean antitrust watchdog will be more flexible in enforcing competition laws with the emergence of new services and products in the digital era, its chief said following a meeting with large companies Thursday. Fair Trade Commission Chairman...

    The South Korean antitrust watchdog will be more flexible in enforcing competition laws with the emergence of new services and products in the digital era, its chief said following a meeting with large companies Thursday. Fair Trade Commission Chairman Kim Sang-jo held a closed-door policy meeting with top executives from 15 companies, including Hanjin, CJ, Kumho Asiana, Kolon, OCI and Kakao -- the nation’s largest companies ranking from 11th to 34th by assets.This is the fourth time Kim has met

    Seoul to become first global city to use 5G network in public transit


     Following hype over how to incorporate the fifth-generation network into autonomous driving since the network began commercial service here last month, the initial step toward the futuristic goal is expected to take off in Seoul later this year....

     Following hype over how to incorporate the fifth-generation network into autonomous driving since the network began commercial service here last month, the initial step toward the futuristic goal is expected to take off in Seoul later this year.  South Korea’s biggest mobile carrier SK Telecom and Seoul City government said Thursday they have agreed to develop 5G-based maps for self-driving. By the second half of this year, 1,700 vehicles will be used to create a map by providing real-time upda

    K-water hosts global forum to address water scarcity


    DAEJEON -- Scientists, government officials and representatives of global environmental organizations gathered in Daejeon City on Thursday to discuss water shortage around the world and possible response measures at the 2019 International Drought...

    DAEJEON -- Scientists, government officials and representatives of global environmental organizations gathered in Daejeon City on Thursday to discuss water shortage around the world and possible response measures at the 2019 International Drought Forum.Organized jointly by Korea Water Resources Corp., or K-water, the South Korean Ministry of Environment and Asia Water Council, the forum running through Friday touches upon a range of issues related to water scarcity, such as countermeasures by gl

    [Newsmaker] Moon replaces vice foreign, unification, defense ministers


    President Moon Jae-in replaced vice ministers of diplomatic, defense and inter-Korean affairs simultaneously on Thursday amid a stalemate in the peace-building process and efforts to resolve a history dispute with Japan. He appointed Cho Sei-young,...

    President Moon Jae-in replaced vice ministers of diplomatic, defense and inter-Korean affairs simultaneously on Thursday amid a stalemate in the peace-building process and efforts to resolve a history dispute with Japan. He appointed Cho Sei-young, chancellor of the Korea National Diplomatic Academy, as first vice foreign minister, according to Cheong Wa Dae.(Yonhap)He is "a diplomat well-versed in Northeast Asia, especially Japan (issues) ... (He) is expected to lead the innovation of the Minis

    Inaugural Korea Fintech Week kicks off


    The inaugural Korea Fintech Week event kicked off in Seoul Thursday, bringing together more than 50 local startups and 2,500 attendees to share business ideas and clinch new investment opportunities.The three-day event taking place at the Dongdaemun...

    The inaugural Korea Fintech Week event kicked off in Seoul Thursday, bringing together more than 50 local startups and 2,500 attendees to share business ideas and clinch new investment opportunities.The three-day event taking place at the Dongdaemun Design Plaza in Seoul through Saturday is organized by the Financial Services Commission, Financial Supervisory Service and Fintech Center Korea.The CEOs of fintech operators, including mobile payment platform Kakao Pay, personal finance management a

    Net profit of overseas FI branches jumps 37%


    The overseas branches of South Korean financial institutions reported a 37 percent growth in their combined net profit on-year to nearly $1.3 billion last year, data from the Financial Supervisory Service showed Thursday.Overall, 79.1 percent of the...

    The overseas branches of South Korean financial institutions reported a 37 percent growth in their combined net profit on-year to nearly $1.3 billion last year, data from the Financial Supervisory Service showed Thursday.Overall, 79.1 percent of the combined net profit came from branches in Asia. China contributed the most with $252 million, with Hong Kong and Vietnam each tailing behind at $235 million and $157 million, respectively.  (Yonhap)The number of overseas branches operated by the firm

    Hyundai Motor heir stresses customer-first value, partnerships with mobility firms


    Hyundai Motor Group Executive Vice Chairman Chung Eui-sun has vowed to bring the focus back to customers and stressed that the group’s future success lies on building firm partnerships with global mobility companies. The remarks came during an event...

    Hyundai Motor Group Executive Vice Chairman Chung Eui-sun has vowed to bring the focus back to customers and stressed that the group’s future success lies on building firm partnerships with global mobility companies. The remarks came during an event by Carlye Group as part of its annual conference, which invites the world’s political and business leaders to share insights. Chung had been invited to share his thoughts and priorities for the world’s fifth-largest automaker.  Hyundai Motor Group Ex

    Moon lauds Bush’s visit as strong Korea-US alliance


    South Korean President Moon Jae-in on Thursday said former US President George W. Bush’s attendance at a memorial service to commemorate the late South Korean President Roh Moo-hyun reflects strong alliance between the two countries.“Thank you for...

    South Korean President Moon Jae-in on Thursday said former US President George W. Bush’s attendance at a memorial service to commemorate the late South Korean President Roh Moo-hyun reflects strong alliance between the two countries.“Thank you for attending the official ceremony to mark the 10th anniversary of former President Roh. I believe (former) President Bush’s attendance to commemorate Roh, who was a partner in the Korea-US alliance, is symbolic of the strong alliance,&r

    Hyundai Heavy Industries wins two LNG vessel deals worth $390m


    The world’s largest shipbuilder Hyundai Heavy Industries said Thursday it has obtained two additional orders to build liquefied natural gas carriers, bringing its total number of orders to five so far this year. HHI revealed that a deal had been made...

    The world’s largest shipbuilder Hyundai Heavy Industries said Thursday it has obtained two additional orders to build liquefied natural gas carriers, bringing its total number of orders to five so far this year. HHI revealed that a deal had been made with an unnamed European shipping company for two LNG vessels valued at $390 million in total. The vessels will have 180,000 cubic meters in capacity and will be delivered by HHI’s Ulsan headquarters in 2022.LNG vessel (HHI)The vessels will be equip

    Vice transport minister opposes market entry of Uber


    LEIPZIG, Germany -- Citing the role of taxis in Korea as a form of quasi-public transport, South Korea’s vice transport minister said Wednesday that he “disagrees” with the idea of global ride-hailing services like Uber and Lyft entering the local...

    LEIPZIG, Germany -- Citing the role of taxis in Korea as a form of quasi-public transport, South Korea’s vice transport minister said Wednesday that he “disagrees” with the idea of global ride-hailing services like Uber and Lyft entering the local market.In an interview with Korean reporters covering the International Transport Forum in German city of Leipzig, Kim Jeong-ryeol, the second vice minister of transport, land and infrastructure, said that the Korean government was working on modernizi

    Koreans’ overseas card spending down in Q1


    Overseas card spending by South Koreans fell in the first quarter, despite the rising number of outbound tourists, as a weaker Korean won discouraged them from swiping cards overseas, central bank data showed on May 23. In the January-March period,...

    Overseas card spending by South Koreans fell in the first quarter, despite the rising number of outbound tourists, as a weaker Korean won discouraged them from swiping cards overseas, central bank data showed on May 23. In the January-March period, Koreans spent $4.68 billion using cards abroad, down 3.3 percent from three months earlier, according to the data by the Bank of Korea. Quarterly card spending peaked at a record $5.07 billion in the first three months of 2018. But it declined for two

    Seoul to remove right of parents to administer punishment of kids


    South Korea said Thursday that it will remove the right of parents to administer corporal punishment on their children as part of efforts to enhance the rights of minors.The move is part of the Moon Jae-in administration's youth policy that aims to...

    South Korea said Thursday that it will remove the right of parents to administer corporal punishment on their children as part of efforts to enhance the rights of minors.The move is part of the Moon Jae-in administration's youth policy that aims to create an environment where children can be happy and enjoy themselves, with the government taking on more responsibility to ensure young people live safe, healthy, protected and fulfilling lives.Under the plan, revision of the country's civil law wil

    [Newsmaker] Diplomat accused of leaking phone conversation between Moon, Trump


    South Korea's presidential office Cheong Wa Dae has found the diplomat suspected of leaking the phone talks between President Moon Jae-in and U.S. President Donald Trump to a lawmaker earlier this month, an official said Wednesday. Earlier this month,...

    South Korea's presidential office Cheong Wa Dae has found the diplomat suspected of leaking the phone talks between President Moon Jae-in and U.S. President Donald Trump to a lawmaker earlier this month, an official said Wednesday. Earlier this month, Rep. Khang Hyo-shang of the main opposition Liberty Korea Party said Moon asked Trump during the phone conversation to visit South Korea immediately after his May 25-28 trip to Japan, citing an unnamed diplomatic source in the US.(Yonhap)"We have c

    Six former aides to Park Geun-hye may face indictment for political intervention


    Six former presidential secretaries to President Park Geun-hye were found to have illegally intervened in local elections and politics during the previous administration, police said Thursday.A special investigation team of the Korean National Police...

    Six former presidential secretaries to President Park Geun-hye were found to have illegally intervened in local elections and politics during the previous administration, police said Thursday.A special investigation team of the Korean National Police Agency ( said it has referred the six, including former presidential Chief of Staff Lee Byung-ki and two former senior presidential secretaries for political affairs, Hyun Ki-hwan and Cho Yoon-sun, to the prosecution for indictment on charges of abu

    S. Korean Olympic chief nominated for IOC membership


    The head of South Korea's Olympic body has been nominated for membership of the International Olympic Committee, a major boost for Seoul's efforts to increase its influence in global sports.Korean Sport & Olympic Committee President Lee Kee-heung was one...

    The head of South Korea's Olympic body has been nominated for membership of the International Olympic Committee, a major boost for Seoul's efforts to increase its influence in global sports.Korean Sport & Olympic Committee President Lee Kee-heung was one of 10 candidates proposed for the election by the IOC's Executive Board on Wednesday (local time) in Lausanne, Switzerland.The list was submitted to the IOC Session that will meet in June, also in Lausanne. The vote, usually a formality, is sche

    Top diplomats of S. Korea, Japan to hold talks in Paris amid tensions over forced labor


    The top diplomats of South Korea and Japan were set to hold bilateral talks on the sidelines of an international meeting in Paris on Thursday amid rising tensions over Tokyo's wartime forced labor, Seoul's foreign ministry said.Foreign Minister Kang...

    The top diplomats of South Korea and Japan were set to hold bilateral talks on the sidelines of an international meeting in Paris on Thursday amid rising tensions over Tokyo's wartime forced labor, Seoul's foreign ministry said.Foreign Minister Kang Kyung-wha will meet her Japanese counterpart, Taro Kono, on the margins of the Ministerial Council Meeting of the Organization for Economic Cooperation and Development in the French capital. (Kyodo)Bilateral ties have chilled in recent months as Japa

    Gender pay gap widens at large firms in Q1


    The wage gap between male and female workers at large firms here widened in the first quarter from a year earlier, data showed Thursday.Women working for 202 major listed companies were paid an average 15.37 million won ($12,910) in the January-March...

    The wage gap between male and female workers at large firms here widened in the first quarter from a year earlier, data showed Thursday.Women working for 202 major listed companies were paid an average 15.37 million won ($12,910) in the January-March period, or 63.5 percent of the median pay of 24.2 million won for male employees, according to the data by Yonhap Infomax, the financial news and information arm of Yonhap News Agency.It was slightly lower than the 64.6 percent ratio recorded during

    Director Bong Joon-ho: stairs are a key metaphor in ‘Parasite’


    CANNES, France -- South Korean auteur Bong Joon-ho said Wednesday that stairs serve as a key metaphor for hierarchical social status and materialism in his Cannes-nominated black comedy “Parasite.” “Nearly 90 percent of the story takes place in a...

    CANNES, France -- South Korean auteur Bong Joon-ho said Wednesday that stairs serve as a key metaphor for hierarchical social status and materialism in his Cannes-nominated black comedy “Parasite.” “Nearly 90 percent of the story takes place in a big house, the home of the rich family. It has a vertical structure -- second floor, first floor and basement,” the director said at an official press conference for the 72nd Cannes Film Festival in Cannes, southern France. “Each space is connected by s