A Korean business club-owner has been ordered to pay damages to international luxury firm Chanel for using its brand name for his business in a suburb of Seoul. The Seoul Central District Court on Tuesday ordered the owner to pay 10 million won ($8,800) in compensation to Chanel, saying the bar, called “Chanel Business Club,” inflicted damage to the brand value of the top luxury company. “The defendant, by using Chanel’s image for his business which is commonly associated with a negative image,

The National Science and Technology Commission recently announced that they would actively support basic research next year in part by increasing the budget allocated to the International Science Business Belt Project by 20 percent from last year. It is good news because long-term, stable support is indispensable for promoting basic science. In addition to the budget, investment in human resources is also compulsory. Despite our short history of investment in science and technology, we need to s

Head of National Institute for International Education says foreign students boost profile, competitiveness of the nationGlobalization permeates every nook and cranny of society, making diplomatic expertise and international thinking increasingly important for the advancement of various sectors. So it was no wonder that one of Korea’s top educational agencies is headed by a veteran diplomat.“For Korea to join the ranks of the most advanced countries, attracting foreign talent is one of the most

The Korean government on Monday unveiled tens of thousands of documents that detail Japan’s mobilization of Koreans into forced labor during its colonial rule from 1910-1945.The nearly 400,000 documents revealed by the Commission on Verification and Support for the Victims of Forced Mobilization under Japanese Colonialism included books, photos and written testimonies. Since 2005, the special committee, headed by Prime Minister Kim Hwang-sik, has been investigating by interviewing forced labor v

GWANGJU (Yonhap News) ― Two U.S. congressmen, who played a leading role in the U.S. House of Representatives approval of a 2007 resolution condemning Japan’s sexual enslavement of women during World War II, met with elderly Korean victims on Monday, and urged Japan to do more to resolve the long-standing grievance. U.S. Representatives Michael Honda and Eni Faleomavaega visited a home for Korean former sex slaves in the city of Gwangju, south of Seoul, on the final day of their five-day trip to

A signboard installed in front of the headquarters building of Macquarie Group Korea in Sogong-dong, central Seoul, shows the names and locations of the financial groups’ units. (Park Hae-mook/The Korea Herald)Macquarie Korea Asset Management Co. said on Monday it was considering legal action against the screening of a documentary film on alleged business favors the Australian fund operator receiv

Many Chinese people believe Seoul provoked the Korean War as is written in their history textbooks, a view unacceptable to South Koreans.But a recently published history book co-written by a group of historians from Korea, China and Japan says, “Based on newly declassified Soviet archives, it is becoming clear that the North Korean army invaded South Korea.”The two-volume book titled “The Modern History of the Three Countries of East Asia” resulted from the three countries’ years of efforts to c