Author Choe In-ho, a literary legend whose works have been made into numerous movies and TV drama series, died of cancer on Wednesday, about seven months after the publication of his latest collection of essays, “Choe In-ho’s Life.” He was 68.Born in 1945 in Seoul, Choe is one of the very few Korean authors who started their writing careers as a teenager, along with Hwang Sok-yong. He made his literary debut at age 18, while attending Seoul High School, by winning a writing competition hosted by

Park Byeong-yeop, founder and vice chairman of Korea’s third-largest mobile device maker Pantech Corp., decided to leave the firm to take responsibility for sluggish business.He is the latest casualty among a list of so-called legendary businessmen after Woongjin Group founder Yoon Seok-keum and STX Group founder Kang Duk-soo, who had once garnered respect from office workers for their dramatic success stories.Starting his career as a salesperson at telecommunications device maker Maxon Electron

Embattled Tong Yang Group is suffering through a liquidity crisis as creditors and its sister group refused to help the country’s 38th-largest conglomerate. Its condition is showing signs of improvement as the group founder‘s wife is determined to save her oldest daughter, who is the vice chairwoman of the group, after her younger daughter rejected the rescue request. But it remains yet to be seen whether the conglomerate will be able to tide over financial squeeze. The situation involves family

German Chancellor Angela Merkel cemented her position as Europe’s de facto leader on Sunday by cruising to election victory for a third term in office.Having presided over a robust economy in a region of sick-man peers, the center-right Christian Democratic Union and its sister Christian Social Union of Bavaria won more than 40 percent of the national vote, bringing Merkel to within five seats of a tantalizingly rare parliamentary majority. Merkel’s political standing, already unmatched among he

Thousands of families were torn apart at the end of the Korean War (1950-1953) and their pain persists as the remaining members anxiously write the final chapters of their lives, still hoping to see their loved ones again. Of the 129,035 people originally registered in South Korea’s separated-family database since August 1988, 56,544 have passed away while most of the surviving 72,491 are in their 70s, 80s or 90s.The two Koreas have held 18 family reunions for the survivors since 2000, enabling

Han Myeong-sook, former prime minister and ex-leader of the main opposition party, faces another long legal battle over bribery accusations which have dealt blow to her political career and reputation as an pro-democracy activist against the military-backed governments in the 1970s and 80s.A Seoul appellate court on Monday sentenced Han to two years in prison for bribery, overturning a lower court’s ruling that cleared her of the charge. Han was found guilty of receiving 880 million won in polit

From cloaked alien tanks and jets in the computer game “Starcraft” to a transparent flying fortress in the movie “Avengers,” invisible structures have always been considered a product of imaginary science, whose rightful place is within the boundaries of fiction.That is until South Korea recently authorized the construction of “Tower Infinity,” a 450-meter-high skyscraper which is to use high-tech projectors to make it appear as if the building is not really there. The glass tower, backed by the

Resistance among prosecutors is rising upon the resignation of prosecutor general Chae Dong-wook last week over a personal rumor, as speculation prevailed that it was the result of pressure from Cheong Wa Dae.A day after Chae offered to step down Friday, Kim Yoon-sang, director of the first inspection division of the Supreme Prosecutors’ Office, offered to resign, criticizing the ministry’s “unjust” pressure.Chae said he was unable to carry on his duties after Justice Minister Hwang Kyo-an order

The Korea Electric Power Corp. is set to resume its stalled power-line project in Miryang, South Gyeongsang Province, after next week’s Chuseok holidays despite continued resistance from some residents. On Wednesday, Prime Minister Chung Hong-won visited the county saying that resumption was an “unavoidable choice” and announced a revised 18.5 billion won ($17 million) compensation plan. The compensation package also includes plans to build the country’s largest solar power generation facility i

An Olympic gold medalist has been elected president of the International Olympic Committee for the first time in its 119-year history. Thomas Bach, a 59-year-old vice president of the IOC, has ascended to the top post of Olympic leadership.He was elected the ninth president of the IOC in its 125th session in Buenos Aires, Argentina, Tuesday. He will serve a four-year term and will be eligible to run for two more terms. He succeeds Jacques Rogge, a 71-year-old Belgian, who stepped down after lead

It has been mission impossible for 16 years: collecting 167.2 billion won in overdue fines from a former strongman who claimed to have only 290,000 won at hand and is notoriously at home with brinkmanship. So, many observers were skeptical when the prosecution began a whirlwind investigation into former President Chun Doo-hwan’s family nearly four months ago with an aim to force him to pay the bill stemming from his misdeeds while in office in the 1980s.Chun’s family finally announced Tuesday th

The first gay marriage in Korea on Saturday sharply divided the country, putting to the test its legal system and public tolerance of sexual minorities. Film director Kim-Jho Gwang-soo and film distributor Kim Seung-hwan held a symbolic wedding in central Seoul. They have been partners for nine years.The two men made their vows in front of guests reported to number about 1,000, including Kim-Jho’s mother, movie director Byun Young-joo and civil activist Paik Ki-wan.Their marriage, however, will

Lee Sang-deuk, 78, former six-term lawmaker and elder brother to ex-President Lee Myung-bak, will be released from prison Monday. He has been serving time since July last year for taking illegal funds from failing savings banks.The political bigwig was considered the most influential figure in the previous administration after the president.Lee was frequently described by pundits as the “Regent King” for exercising enormous political power through having his younger brother at the nation’s top p

S.R. Cho, chairman of Hyosung Group, is coming under increasing pressure over allegations of tax evasion as tax authorities step up their investigation into his financial history.With conglomerate heads known for purchasing airline tickets to get out of tight spots in the past, Cho was banned from traveling abroad, forcing him to cancel plans to go to Vietnam with President Park Geun-hye for her state-visit there.The National Tax Service and the prosecutors’ ramped-up investigations into both pu

Kang Duk-soo, 63, chairman and founder of the faltering STX Group, is likely to step down within this month due to conflict with creditors. Representing creditor banks, Korea Development Bank issued a statement on Tuesday calling on him to resign to save the group. The request was made based on the earlier agreement of Kang in April, a pre-condition for capital injection to ailing STX Offshore & Shipbuilding, a core affiliate of the group.Under the agreement, Kang promised not to raise objection