Corea del Sud

Socially responsible investments grow rapidly in S. Korea

The Korea Herald - 1 ora 58 min fa
South Korea is catching on to the global trend of socially conscious investments. There are currently seven listed funds in the country categorized as ESG funds, standing for environmental, social, and governance. Among them, five were launched this year by local asset management companies, including Korea Investment Management, KTB Asset Management, Koreit Asset Management, KB Asset Management and Kiwoom Asset Management.Last month, Samsung Asset Management also launched KODEX 200ESG -- an ETF
Categorie: Corea del Sud

Posco's reform tasks save W1.2tr so far

The Korea Herald - 3 ore 17 min fa
Posco has saved 1.2 trillion won ($1 billion) so far in the process of achieving 100 reform tasks highlighted by the firm’s chairman in November last year, the steelmaker said Sunday. The reform tasks included reinforcing premium steel product sales, enhancing cost competitiveness, establishing a growth foundation for energy materials and building a shared growth ecosystem based on fairness, transparency and ethics. The project was shared publicly in time for the 100-day anniversary o
Categorie: Corea del Sud

[Graphic News] S. Korea’s labor force to shrink 17% by 2040: WTO

The Korea Herald - 3 ore 22 min fa
 South Korea’s labor force is projected to decline 17 percent by 2040, a report showed, a development that could undermine the potential growth of Asia’s fourth-largest economy. The report from the World Trade Organization showed that Korea’s labor force faces the steepest decline in the world between 2018 and 2040. The corresponding figure for both Japan and China, whose labor forces are also expected to contract, was 14 percent. The report said the US labor force can be expec
Categorie: Corea del Sud

Diabetes association urges authorities to test metformin drugs for cancer-causing contaminant

The Korea Herald - 4 ore 6 min fa
Metformin, a drug used to treat Type 2 diabetes, was once heralded as a first-in-class treatment for which there was no substitute. Now it is sparking international concerns over a contaminant that may cause cancer.The debate has taken off in South Korea as well, and on Friday the Korean Diabetes Association urged the nation’s drug safety authority to test every drug containing metformin. The potentially carcinogenic impurity, called N-nitrosodimethylamine or NDMA, had previously been dete
Categorie: Corea del Sud

[Simon Kilmurry] New US visa requirement is silencing foreign filmmakers

The Korea Herald - 4 ore 23 min fa
Social media are indispensable to many foreign documentary filmmakers. They are the way they connect with the subjects of their films, research the stories they are telling and share their work with global audiences. But the Trump administration’s new visa application requirements are now leaving these filmmakers with little choice but to censor their online speech if they ever want to be able to present their films in person to US audiences.To stop this dangerous and unconstitutional over
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[Noah Smith] LBJ’s Great Society won War on Poverty

The Korea Herald - 4 ore 23 min fa
In 1964, speaking at the University of Michigan, President Lyndon Johnson called for the US to become a “great society.” That term came to be synonymous with the Johnson administration’s raft of antipoverty programs, sometimes known as the War on Poverty. The Great Society initiative led to the creation of Medicare and Medicaid, the modern version of food stamps, Head Start, various jobs programs, expansion of many kinds of Social Security benefits, urban renewal spending and a
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[Editorial] Chance to revive exports

The Korea Herald - 4 ore 23 min fa
It is welcome news that the United States and China have reached their phase one trade accord. The US agreed to reduce import tariffs on Chinese products worth $360 billion. China agreed to import $50 billion of US agricultural products next year and to ease import tariffs on US products. If Washington had imposed tariffs on Chinese goods worth $165 billion from Dec. 15, as it had initially planned, the global economy would have fallen into turmoil.They made the deal because they were well aware
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[Herald Review] Eternal romance of ‘Phantom’ touches hearts of Koreans

The Korea Herald - 4 ore 35 min fa
Musical “The Phantom of the Opera” is set in the iconic Paris Opera House in central Paris, also known as the Palais Garnier. Built in the late 19th century by Charles Garnier, the establishment is one of the city’s must-see spots to this day. A mysterious figure referred to as the phantom lives beneath the opera house, away from others. He wears a mask to hide his scarred face. He falls in love with young soprano Christine Daae. Christine comes to believe the phantom is her &l
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Chandelier crashes, ‘Phantom’ returns to Korea

The Korea Herald - 4 ore 36 min fa
BUSAN -- Musical “The Phantom of the Opera” has finally landed in Korea, kicking off in Busan and taking the audience into the haunting love story set in Paris in the late 19th century. This is the first time the international tour of the opera is visiting Busan, having already performed in Kuala Lumpur, Malaysia; Tel Aviv, Israel; and Dubai, United Arab Emirates. After Busan, the tour moves on to Seoul and Daegu.  Based on the novel of the same name written by Gaston Leroux, &
Categorie: Corea del Sud

[Feature] When parents become perpetrators

The Korea Herald - 4 ore 48 min fa
On Sept. 26, a boy was killed by his stepfather after being beaten for about 20 hours. The boy’s arms and legs were tied up during the beating. It was later revealed that the police had investigated the man three times for child abuse. He had even received a suspended sentence in 2017, and his stepson had been sent to live at a child care institution. At the time of his death, the boy had been back in the home for less than a month.In a country with deeply rooted Confucian values, stressin
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Police crack down on irregularities ahead of April parliamentary elections

The Korea Herald - 4 ore 50 min fa
Police will crack down on violations of the election law starting Monday, ahead of the general elections for the 21st National Assembly in April.The National Police Agency on Sunday said it will launch an exclusive investigation team to crack down on election irregularities, at each of the 255 police stations across the nation. Preliminary candidate registration for the general elections begins Tuesday. Police will create a special investigation system to monitor and react to cybercrimes related
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[Monitor] One-person households in Korea suffer from low income

The Korea Herald - 5 ore 43 min fa
About 36 percent of one-person households earn less than 2 million won per month, data from Statistics Korea showed last week.One-person households, which take up one-third of all households in South Korea, tended to show low satisfaction in their type of residence with only 23.3 percent answering they were content, compared to 30.8 percent of those in multiple-households that said the same.The Seoul Institute, a research center, said that while 1 in 3 households in the country were one-person h
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Biegun arrives in Seoul amid deadlock in nuclear talks as year-end deadline approaches

The Korea Herald - 5 ore 55 min fa
US Special Representative for North Korea Stephen Biegun is arrived in Seoul on Sunday for a “close coordination” with allies amid the deadlock in the denuclearization talks with Pyongyang just weeks before the communist regime’s year-end deadline. A day before, North Korea issued statements to announce that it had carried out “another crucial test” at a satellite launching site, warning the United States to “hold off” any action to “ratt
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[Newsmaker] Ex-Ulsan mayor questioned over Cheong Wa Dae’s alleged election meddling

The Korea Herald - 5 ore 59 min fa
Former Ulsan Mayor Kim Gi-hyeon, who raised allegations about Cheong Wa Dae’s suspected meddling in regional elections last year, appeared before the prosecution Sunday to be questioned as a witness. Kim, who is affiliated with the main opposition Liberty Korea Party, says that the Ulsan Metropolitan Police Agency deliberately investigated suspicions surrounding his brother and close aide a few months ahead of the elections last year, to sway the vote in favor of the ruling Democratic
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Activities resume on NK naval shipyard, SLBM demonstration should not be ruled out: think tank

The Korea Herald - 5 ore 59 min fa
Minor activity has resumed at a submersible test stand barge at Nampo Naval Shipyard in North Korea, and there is the possibility that Pyongyang might test a submarine-launched ballistic missile before its year-end deadline, a US-based think tank said Sunday.Satellite imagery collected in the last several months indicate that minor activity has resumed as of Dec. 2, after a two-month hiatus since September, said Joseph Bermudez and Victor Cha of Beyond Parallel, a team that specializes in North
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LG Group mourns death of honorary chairman

The Korea Herald - 6 ore 9 min fa
South Korea’s business world, government and the families over the weekend mourned the death of LG Group Honorary Chairman Koo Cha-kyung, who as the second-generation leader of the conglomerate, had led the rise of the group’s global expansion. Koo was 94 when he passed away from an illness on Saturday.At a funeral altar set up at an undisclosed hospital in Seoul, Koo’s second son Bon-neung, the chairman of Heesung Electronics, greeted mourners. The deceased’s fourth son,
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S. Korean rookie upsets reigning US Open champ in Presidents Cup singles

The Korea Herald - 6 ore 12 min fa
South Korean rookie Im Sung-jae defeated the reigning US Open champion Gary Woodland in the singles match at the Presidents Cup on Sunday, though Im's effort wasn't enough to get his International Team over the hump.Powered by a back-nine charge at Royal Melbourne Golf Club, Im beat the American veteran 4 & 3 for his third win in five matches in his first Presidents Cup appearance.The biennial Presidents Cup pits a team of non-European international golfers against Americans in match play. A
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Exhibition looks at overarching presence of virtual reality

The Korea Herald - 6 ore 16 min fa
In a video introducing Niantic’s mobile game Pokemon Go, which uses augmented reality, Pikachu is running around in an open-air cafe, past real people. The uplifting yellow creature even plays hide-and-seek using real-world objects like flower pots. “Watching the video, I thought this real world has become an image -- in an allegorical sense. It was somewhat scary too when I thought about how the real world and virtual reality overlap with one another, the one with Pikachu and the ot
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[Herald Review] ‘Start-up,’ a loveable disappointment that fails to take off

The Korea Herald - 6 ore 52 min fa
[Honestly, Choi Jeong-yeol’s “Start-up” is a film that I would’ve loved to like. The film had such loveable characters and felt so likeable, yet both the narrative and comedy kept falling short.Perhaps the best way to describe it is that it is a poor-man’s version of “Exit,” a 2019 action comedy which blended just a hint of drama with three tablespoons of suspense, two cups of laughter, awesome characters and a whole bunch of creative settings to conjure
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BOK may hold off further rate cut amid easing US-China tension

The Korea Herald - 7 ore 3 min fa
Following signs of a thaw in US-China trade tension, speculation is building that South Korea may slow its pace of monetary easing, in step with the growing possibility of a global economic upturn.Though the world’s top two economies face a bumpy road ahead, their latest reconciliatory move is expected to ease uncertainties -- especially for Asia’s fourth-largest economy, which is highly dependent on trade.After Washington and Beijing announced their phase one agreement Friday to red
Categorie: Corea del Sud