The Korea Times

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Fri, December 13, 2019 | 08:40

[EXCLUSIVE] Seoul proposes to buy $1 billion of US weapons

In an apparent move to reduce South Korea's financial contribution to maintaining the 28,500 United States Forces Korea troops here, the government has proposed purchasing up to $1 billion worth of U.S. weapons, officials directly involved with the issue told The Korea Times, Thursday. “The South Korean team in the defense cost-sharing negotiations suggested a revised proposal to the U.S.

US ready to be 'flexible' for 'balanced agreement' with North Korea

US beefs up airborne ground surveillance over peninsula

Seoul, Tokyo seek 'exit strategy' over trade row

South Korea and Japan are seeking to apply an “exit strategy” to end their bil...

E-liquids contain lung injury-causing chemical

A substance potentially causing serious lung diseases has been found in liquid...

Euljiro's lighting industry seeks originality

Euljiro is known for its lighting district, spanning between Euljiro 3-ga Station and Euljiro 4-ga Station. Despite rapid urban developmen...

Master mechanical engineer's speaker wears young design

Autonomy drives Kakao Bank's innovation

Kakao Bank, as one of Korea's two internet-only banks, attracted attention when it managed to attract 10 million users in two years since ...

FKI urges China to restore bilateral ties

The Federation of Korean Industries (FKI) urged China, Thursday, to put a bilateral dispute over a U.S. missile defense system deployed he...

Scientist explains the unexplainable

Some experts present the possibility of an economic crisis that could be equivalent to, or even worse than the fallout from the Asian financial crisis which began with the collap...

Korean Air slimming down workforce amid business slump

Korean Air has launched a voluntary retirement scheme for its employees in a bid to cut its workforce and labor costs amid a growing deficit, the national flag carrier said Thurs...

2019 Global Jeju Project brings diplomats on culture and eco tour on Jeju Island

JEJU - Korea's southern-most island of Jeju is popular with tourists not only Koreans but also foreigners. More than a million tourists from abroad visit the island annually acco...

Mileage, cash can be used together for Korean Air tickets

Starting the second half of next year, Korean Air customers will be allowed to purchase flight tickets using a combination of cash and airline mileage as part of the carrier's ai...

Banks allowed to sell high-risk ELTs

Banks will be allowed to continue selling equity-linked trusts (ELTs) after the government decided Thursday to ease the regulations on high-risk, complex financial products it ha...

KT draws up candidate short list for chairman

KT has drawn up a short list of nine candidates for its next chairman, who will succeed the incumbent, Hwang Chang-gyu, whose term expires in March 2020, the telecom company said...

Foreign officers learning Korean visit Hanwha Group

A group of 84 foreign military officers learning Korean language at the Korea Defense Language Institute (KDLI) visited the headquarters of Hanwha Group in Seoul, Dec. 12.

HDC, Kumho make slow progress in Asiana takeover

Hyundai Development Company (HDC) has failed to narrow differences in negotiations with Kumho Industrial to take over debt-ridden Asiana Airlines, postponing the signing of an ag...

Police clamp on 'slaying' protest featuring US envoy's effigy

They didn't ban the event itself, protecting freedom of expression, but ordered the event's organizers - two anti-U.S. organizations - to stay at least 80 meters from Harris' off...

Neymar makes impression as PSG crush Galatasaray

Neymar marked his first start in a Champions League game in a year by scoring one goal and setting up two more as Paris Saint-Germain cruised to a 5-0 win over Galatasaray on Wed...

Britain to vote in snap election as Johnson seeks Brexit mandate

Tens of thousands of polling stations were set to open at 7:00 am (0700 GMT)?on Thursday as British voters prepare to choose members of parliament in a snap election called by Co...

Korean Air recognizes lesbian couple as 'family'

The country's flagship carrier Korean Air allowed a Korean lesbian couple to be registered as a “family” for its SKYPASS mileage program. While Korean law does not recognize same...

Hungary opens cultural center in Korea

The Hungarian government has opened its first Hungarian Cultural Institute in Korea, Thursday, to commemorate the 30th anniversary of the establishment of diplomatic relations be...

Kia seeks splash in sedan market with new K5

Kia Motors rolled out the new K5 midsize sedan, Thursday, throwing a strong challenge to its rivals with its aggressive look, new driver assist features and connectivity technolo...

Kyobo chairman globally recognized for 'humane entrepreneurship'

Kyobo Life Insurance Chairman Shin Chang-jae has received global recognition for management seeking the betterment of all stakeholders.

'Challenge yourself without identifying yourself as female'

Jeong Mee-yeon has been building her career at global investment management firm Barings in Seoul for more than 20 years and has advanced into one of the key leadership roles as ...

Record-breaker: BLACKPINK Jennie's 'Solo' hits 400 million views

Jennie from K-pop girl group BLACKPINK has set a YouTube record for a female Korean artist after the music video of her first solo song hit 400 million views.

Moon vows to promote agricultural, fishing sector

The Moon Jae-in administration will put more emphasis on raising the competitiveness of the agricultural and fisheries sectors and as well as the quality of life of people in the...

Actor Kim Soo-hyun to set up own agency

Top-tier actor Kim Soo-hyun will set up his own agency with his cousin, according to reports, Wednesday. Kim reportedly will not renew his contract with KEYEAST, which has been r...

Korea huffs & puffs against Hong Kong

South Korea kicked off the 2019 East Asian Cup with a routine if uninspiring win against Hong Kong in Busan on Wednesday evening. It was a low key start to a low key tournament i...

Fed keeps rates on hold, points to 'favorable' economic outlook next year

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low une...

Climate activist Greta Thunberg is Time 'person of the year'

Swedish climate activist Greta Thunberg was named Time's ``person of the year'' Wednesday, becoming at age 16 the youngest person to whom the U.S. magazine has given the title.

Video

Seoul Mayor Park Won-soon: How Seoul became the world's top-performing global city

[3 THINGS SERIES] 3 EASY-to-follow KOR...

Korean's first-ever Filipino street fo...

[Jobs in culture] A-list celebrity's n...

[3 THINGS SERIES] 3 best foods KOREANS...

Auto

China to grant subsidies on LG, SK's EV batteries

Mercedes-Benz explores Korean startups for future mobility tech

Gov't hydrogen initiative off to shaky start

Hyundai Motor Group donates W25 bil. for the unprivileged

Kia Motors begins operation of 1st plant in India

Volkswagen offers over W10 mil. discount on Arteon

Samsung, LG capitalizing on commercial display market

KT to set up fine dust observation devices certified by gov't

Gov't shares insights on 5G, science with foreign ambassadors in Seoul

Genie Music launches new service combining VR with K-pop

Backlash grows against Assembly's move to ban Tada service

Listening to consumers' voices

Finance

Kang, Seong appointed McKinsey partners

Third internet-only bank scheduled to be unveiled Sunday

Chubb Life Korea names Albert Kim new CEO

M&A in insurance industry heating up

Korea's breadwinners keep losing jobs

Korea, Indonesia to boost ties on NPL management

Entertainment

BTS, ARMY battle K-pop negative 'Koreaboo' trend

Wrapping up year with solemn beauty of royal ancestral ritual

Performers donate their time to 'Love for Africa' concert

Baek Ye-rin's English album sweeps music charts

Actors team up for slapstick movie 'Start-Up'

Nine weeks in a row: How long will SuperM hold Billboard No.1?

Editorial

Pollution in US bases

The United States has returned four vacant military bases to South Korea on co...

Another setback to labor

The government has decided to give a one-year grace period to small- and mediu...

Columns

Korean masterpiece

Unlike just about every Korean, I had not heard of “Parasite” when I walked into th...

Female conductor from Seoul

Still making headlines in the final stage of the turbulent year of 2019 is bad news...

Thoughts of the Times

200 beads of gratitude

Prayer beads like the Rosary (“rosarium” in Latin means “rose garden” or “bouquet o...

Trump urges Russia to help denuclearize North Korea

Rocketman vs. Dotard: war of words is back

UN Security Council to meet this week to discuss North Korea's provo...

Trump warns N. Korea not to interfere with his reelection bid

North Korea says denuclearization 'gone out of negotiation table' wi...

N. Korea says it carried out 'very important test' at satellite laun...

Gov't gives SMEs 1 year grace period to adopt 52-hour work week

'Korea not properly teaching history of Southeast Asia, India'

New public library, concert hall planned for Seoul by 2025

Call to arrest Chun

Moon asks Assembly to submit a hearing report on Choo

Amid defense cost talks impasse, US returns 4 military bases

Cellreturn eyes global expansion with LED masks

Agricultural products from smart farms

China to grant subsidies on LG, SK's EV batteries

KT to set up fine dust observation devices certified by gov't

Mercedes-Benz explores Korean startups for future mobility tech

E-mart in downsizing mode amid worsening profits

Jenny Holzer awakens disturbing awareness in text art

Around Town 2

Around Town 1

Artist Shim honored

Hankook Ilbo contest promotes anti-addiction

'Fake News Battle' makes case for regulation

Seoul's changing face: A glimpse of the 1920-30s city

Pearl Harbor attack brings war to Korea

Frozen 2: No kids allowed?

PFC Joseph White's walk in the dark: The defection of an American so...

Time to move beyond GSOMIA

Hate environmentalists

Pollution in US bases

Another setback to labor

200 beads of gratitude

Day after NATO

For trilateral partnership

Korean teams look for Asian redemption in 2020 Champions League

Sancheong residents jubilant over Vietnam's football victory

S. Korean An Byeong-hun determined to make most of new opportunity a...

Messi's hometown offers emotional trip to his childhood

Pro football leagues enjoy substantial increase in attendance in '19

'Korean Zombie' to face Edgar in Busan

Saudi Aramco reaches $2 trillion value in day 2 of trading

Bloomberg tells UN climate talks: You can count on the US

Finland gets world's youngest prime minister, a woman age 34

U.S., Canada and Mexico sign agreement - again - to replace NAFTA

China's rare nod for Korean War film seen as boost to nationalism

Taiwan may help if Hong Kong violence expands

Code of Ethics