President Moon Jae-in rebuked the military Monday. “North Korea has been upgrading its asymmetric warfare capabilities, so we should have built up our response accordingly. But I have a lingering question as to what the military has done thus far with so much money (it has received),” Moon told military brass during a policy briefing of the Defense Ministry. During the presidential campaign, Moon called defense contract irregularities one of the deep-rooted evils of past governments.Among the re

To borrow a joke from the movie “Shrek,” money management is like a parfait -- it has a lot of layers. There’s the person who recommends investments for you -- a financial adviser, a wealth manager, a pension-fund manager or a private banker. Then there are the managers of the funds they invest in, or which you invest in on their recommendation. Finally, there are brokers, dealers, exchanges and other intermediaries that handle the actual trading of the assets the fund managers buy. Each layer t

Why does the US allow white supremacists to spew their bile? Why not arrest them for their hate speech? Why not lock them up before another person is poisoned by their ideas?Those are fair questions. Indeed, similar reasoning has prompted many liberal democracies to outlaw hate speech.So why, then, do we permit hate speech?It’s too simplistic to say that the First Amendment forbids us to punish hate speech. Yes, it’s true that the amendment says that “no law” shall abridge the freedom of speech.

North Korea launched projectiles Saturday, but South Korea and the US initially saw them differently, though Seoul later agreed with Washington’s assessment.The projectiles are presumed to have reached an altitude of 50 kilometers and have flown 250 kilometers.Cheong Wa Dae said Sunday they were a new type of rocket or unknown projectile, while the US Pacific Command has defined them as short-range ballistic missiles.The South Korean Ministry of National Defense revised its position Monday that