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Top diplomats of S. Korea, Japan agree to continue cooperation despite Sado mine row
[India Forum] Herald joins hands with India's FISME to empower SMEs
NK leader's sister again denounces 'political agitation' leaflets from South
Top security officials of S. Korea, Lithuania discuss N.K.-Russia military cooperation
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[India Forum] KoINDEX offers glimpse into Korea's commitment to India
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[India Forum] Creating synergy with local development know-how
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[Herald Interview] At Rotary, time-tested mission charts new path
Fertility rate in Korea projected to rise for the first time in nine years
[India Forum] Daewoo E&C vows to build Koreatown in Haryana
[India Forum] Tapping into young, growing population
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KORAIL unionists end strike, return to workplaces
Dec 31, 2013
Unionists of the state-run railway operator KORAIL on Tuesday ended a 22-day walkout and returned to their workplaces.However, they vowed to continue their struggle against the government's approval of the establishment of a KORAIL affiliate, which will run the new bullet train route out of Suseo in southwestern Seoul from as early as 2015."All union members returned and resumed their work as of 11 a.m. We will go back to our normal duties before the strike," said Choi Eun-cheol, spokesman of th
U.S. soldier acquitted of raping fiancee
Dec 31, 2013
A Seoul court acquitted an American soldier of raping his South Korean fiancee in 2011, court officials said Tuesday. The sergeant major of the U.S. Army, whose identity has been withheld, was indicted on charges of raping and assaulting his fiancee, whose identity remains anonymous, officials said. The Seoul Central District Court delivered a not-guilty verdict, citing lack of evidence, they added. "The court does not take credibility in the plaintiff's statement as well as other ev
Court upholds gov't order to amend history textbooks
Dec 30, 2013
A local court on Monday turned down a request from authors of six history textbooks to suspend a controversial government order to amend them for containing ideological bias, allowing the distribution of revised versions to high school students early next year as scheduled. The Ministry of Education ordered publishers of the books on Dec. 2 to revise 41 parts of their descriptions for containing factual errors and views that could "negatively affect students perspective of history." Two days
[Eye on English] For Koreans, English used as mark of status
Dec 30, 2013
Despite long history of education, people’s zeal, evaluation of Koreans’ proficiency far from satisfactory
[Eye on English] English fever needs cooling
Dec 30, 2013
Kim So-yeon, a 23-year-old college student, spends two to three hours each day memorizing English expressions, doing listening exercises and reading English news articles.She also routinely takes the TOEIC, one of the popular English proficiency tests, every three months, hoping to get a higher score to make her resume look better.“I go to a hagwon (private institute) for the test and spend more than 350,000 won ($332) a month just for English,” said the senior at Sogang University.“I don’t thin
[Photo News] Year of horse
Dec 30, 2013
Expensive imported padded jackets stir up controversy
Dec 30, 2013
The sweeping popularity of expensive winter jackets from foreign brands among students is becoming a social issue in South Korea. The premium padded jumpers made by foreign apparel companies like Canada Goose and Moncler usually cost more than 1 to 2 million won ($947 to $1,893). Despite their price tags, the jackets became a huge hit among Korean students this year. The jackets were initially imported in limited quantities for high-income consumers in Gangnam and other posh areas but are now be
[Graphic News] Korean middle class shrinking: report
Dec 30, 2013
Korea’s middle class has steadily decreased from 74.47 percent of the population in 1990 to 67.33 percent in 2010, while the percentages of high-income and low-income earners have increased 2.23 and 4.9 percentage points, respectively, to 20.43 percent and 12.24 percent over the last 20 years, according to a report released by the Korea Institute for Health and Social Affairs Monday.
Rail union agrees to end strike
Dec 30, 2013
Leaders of unionized rail workers agreed to end their prolonged strike after the ruling and opposition parties promised to form a parliamentary subcommittee aimed at preventing privatization of rail services, lawmakers said Monday.The union confirmed the agreement, saying there are only internal procedures left before its members return to work, ending the 22-day walkout."The union decided to withdraw the strike," Choi Eun-cheol, a spokesman for the Korea Railroad Corp. (KORAIL) union, told Yonh
Railway strike set to bring transport chaos
Dec 29, 2013
The ongoing strike by railway workers is likely to cause major disruptions to transport services ahead of the New Year holiday as labor and management showed no signs of compromise. Korea Railroad Corp.’s labor union continued its strike Sunday for the 21st consecutive day and the major labor confederation threatened a second sympathy walkout and wider antigovernment protest. They pledged to escalate action after the government on Friday issued a license for a new high-speed train affiliate of K
[Photo News] What lies ahead
Dec 29, 2013
Ex-KB Tokyo managers indicted for illegal loans
Dec 29, 2013
The prosecution has indicted two former managers of KB Kookmin Bank’s Tokyo branch for extending illegal loans worth 400 billion won ($379 million), officials said Sunday. The prosecutors are further investigating whether the two suspects, identified by the surnames Lee and Ahn, received kickbacks from the borrowers and used them to create a slush fund at home. They were arrested earlier this month on charges of breach of trust. Lee, former branch chief, and Ahn, former deputy chief, were found
Cargo ship collides with chemical tanker, 91 rescued
Dec 29, 2013
A cargo ship collided with a chemical-laden tanker off South Korea's southeast coast early Sunday, causing the tanker to catch fire, but all 91 crew members on the two vessels were rescued safely, coast guard officials said.The 55,000-ton freighter Gravity Highway was on a test-run when it collided with Maritime Maisie, a tanker carrying 29,337 tons of inflammable chemicals, in waters about 9.2 nautical miles off the southeastern port city of Busan around 2:15 a.m., officials said.The impact cau
Two Kookmin Bank employees to stand trial over massive illegal lending
Dec 29, 2013
Two employees of Kookmin Bank's unit in Tokyo have been indicted on charges of extending illegal loans worth 400 billion won (US$380 million) to Korean companies operating in Japan, state prosecutors said Sunday.The Tokyo branch of South Korea's leading bank has been investigated by prosecutors over suspicions that it lent more than permitted to Japan-based firms to secure returns used to amass massive slush funds.The suspects, including a 57-year-old former Tokyo branch manager only identified
KORAIL receives license to establish Suseo KTX affiliate
Dec 27, 2013
The Ministry of Land, Infrastructure and Transport on Friday issued a license for the state-run rail operator to establish an affiliate to run a new branch of the KTX line, despite fierce opposition from labor unions and others.The issuance is expected to increase pressure on the 27 percent of KORAIL’s 20,443 employees who have been on strike since Dec. 9 against what they claim to be a move to privatize the railroads.“The Daejeon District Court on Friday evening approved the registration of the
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