Moon says China’s efforts are need to resume dialogue with North

Police will consider disclosing the identities of not only distributors of sexually exploitative materials but also their buyers as part of efforts to clamp down on digital sex crimes, officials said Monday. The National Police Agency said it began discussing the matter in an interagency meeting with the government's policy coordination office, the interior ministry, the Korea Communications Standards Commission (KCSC), the country's censorship body and others. "To curb online sex crimes,

Discourse with Kim Chong-whi, the Former Senior Presidential Secretary for Foreign and Security Affairs under Roh Tae-woo government

South Korea needs to "steadily adjust" high levels of leverage maintained to prop up the pandemic-hit economy as excessive indebtedness could result in financial instability and reduce future policy room, a central bank report showed Monday. Rising household debt, in particular, has been cited as a major economic risk factor and the government has been tightening rules on lending amid worries that the financial imbalances caused by increased debt in the private sector could put a damp

The number of mid-sized firms in South Korea went up in 2020 from a year earlier, but their sales dipped due to the coronavirus pandemic, government data showed Monday. Asia's fourth-largest economy had 5,526 mid-sized companies as of the end of last year, up 519 from a year earlier, according to the data from the Ministry of Trade, Industry and Energy. Mid-sized firms here refer to those which have average annual sales of 40 billion won ($33.9 million) to 150 billion won over the past three y

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday that it has secured a technology to prevent cracks in the welded parts of submarines. DSME has developed the technology after two years of research and development since 2019 in cooperation with steelmaker POSCO and KR, a South Korean ship quality assurance and risk management company, the shipbuilder said. The technology is essential to strengthen the performance of submarines, DSME said. The development of the technology

President Moon Jae-in said Monday that South Korea is not considering a diplomatic boycott of the Beijing Olympics and has not been asked by any nation to do so. Moon addressed the issue for the first time after the United States announced last week that it will not send an official delegation to the Olympics in February over concerns about China's human rights abuses. "The South Korean government is not considering (a boycott)," Moon said at a joint press conference with Australian

Samsung Electronics Co. named its newly merged unit for mobile and appliances the device experience (DX) division, the company has said, in a sign of its resolve to provide its customers with new, meaningful experiences. Last week, the tech giant announced it had merged the consumer electronics and IT and mobile communications divisions, and named a new CEO, Han Jong-hee, a former head of the visual display business, to lead the new division. The new name shows Samsung's "ongoing commitme

Thaddaeus Ropac Seoul kicked off its second exhibition since its opening in October, unveiling recent floral paintings from American figurative artist Alex Katz who returned to the subject at the beginning of the pandemic last year. Focusing on the artist’s flower paintings, the works painted over the past two years show how the pandemic has influenced his artistic world. Among the flower paintings are “Wild Spring Flowers2,” “Peony” and “Rhododendron on O

The main opposition People Power Party (PPP)'s presidential candidate, Yoon Suk-yeol, was leading his ruling Democratic Party (DP) rival Lee Jae-myung by a thin margin at 42 percent to 40.6 percent, a survey showed Monday. The 1.4 percentage point margin in the poll by the Korea Society Opinion Institute (KSOI) is smaller than the 3.3 percentage point gap in favor of Yoon last week, and within the range of the poll's margin of error of plus or minus 3.1 percentage points. The poll, commissione