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Corruption probe expands to SK Innovation

SK Innovation, an energy unit of SK Group, will be the next target for the prosecution’s investigation into the failed “energy diplomacy” of the Lee Myung-bak administration. The Seoul Central District Prosecutors’ Office said Thursday they are looking into allegations that the company offered bribes to ranking government officials in return for business favors. The […]

Statement by Asia Journalist Association on the Nepal Earthquake

Asia Journalist Assocaition(AJA, Chairman Kim Hak-joon, President Ivan Lim) expresses heartfelt condolences to the people of Nepal and Northern India who suffered the deadly earthquake that has so far left thousands of people dead and many more inured or still missing. AJA members pray for the recovery to all those injured. The massive earthquake has […]

Hong Kong unveils final package of political reform proposals

Hong Kong unveils final package of political reform proposals

[Asia N=Rahul Aijaz] Hong Kong government is set to reveal its final package of political reform proposals From 11 AM today, SCMP reported.  Chief Secretary Carrie Lam will address a divided Legislative Council disclosing the most anticipated and high controversial blueprint for the 2017 chief executive election. The blueprint is based on a restrictive framework […]

Samsung confident about S6 outlook

  Samsung Electronics mobile chief Shin Jong-kyun presents Galaxy S6 during a news conference at Samsung Seocho office, southern Seoul, Thursday. / Korea Times photo by Shim Hyun-chul Buoyed by a market-beating first-quarter performance, Samsung appeared to regain much of its confidence with its mobile chief appealing to customer loyalty for its latest Galaxy 6 […]

Yokohama warehouse breathes of culture and history

Yokohama warehouse breathes of culture and history

The red-bricked Akarenga, originally a quayside warehouse, is gaining popularity as a tourist attraction in Yokohama, Japan. The Meiji Restoration has opened Japan to foreign culture and materials from abroad, but the country did not have a sizeable wharf or port to support this heavy increase. As such, in 1896 and in 1899, construction of […]

New genre of Hallyu comes to Seoul

Actors starring in MBC’s new period drama “Hwajeong” pose at a press event at the MBC building in Sangam-dong, west Seoul, Tuesday. From left are Cha Seung-won, Kim Jae-won, Lee Yeon-hee, Seo Kang-jun, Han Ju-wan and Cho Seong-ha. / Courtesy of MBC   The moth-eaten story of Gwanghaegun (or Prince Gwanghae) has found its way […]

North Korea has launched its first online shopping mall

North Korea launched its first online shopping mall, called Okryu, on Apr. 1. / Yonhap North Korea has launched its first online shopping mall, the regime’s state-controlled media reported Tuesday. The Korean Central News Agency (KCNA) said the North opened the shopping mall, called Okryu, last Wednesday, offering various items including food, medicine, bags, cosmetics […]

More Korean farmers are turning to online shopping

/ Yonhap According to online retailer auction, sales of agricultural equipment rose about 200 percent last year from 2013. “More young people have returned to farming, and they tend to buy machinery online,” a company spokesman said. The company’s sales surged 378 percent last month from the same period last year. Sales to people in […]

‘Gangnam Style’ expands YouTube’s view limits

K-pop singer Psy’s megahit “Gangnam Style” has drawn unexpectedly high view counts on YouTube, so much so that Google had to reform the system to expand the maximum limit. The music video surpassed 2.26 billion views as of Wednesday, which exceeds the online video provider’s view counter. YouTube-owned Google had upgraded its software in advance […]

Korea asked to invest more in mobile patents

Mobile technologies are delivering huge benefits to consumers in Korea, small- and medium-enterprises (SMEs) and the local economy as a whole. However, the government should be more aggressive and invest more in patents. The Boston Consulting Group (BCG) said in its latest analysis that incentivizing technology innovators through strong patent protection and industry-driven licensing is […]

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