Articles by a2017001
a2017001
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Koreans' average marriage age rises: report
The average ages of both South Korean men and women at the time of their first marriage have risen over the past decade, an industry report showed Friday.According to the report by local matchmaking firm Duo, the average age of men who tied the knot stood at 36 years. The tally is based on data collected on clients of the matchmaking company between June 2015 and May 2017. (Photo courtesy of Duo)The two-year average marked an increase from 33.4 years tallied 10 years earlier.The report also show
Social Affairs June 30, 2017
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Health care experts seek innovation amid 4th industrial revolution
More than 250 medical doctors and health care providers from South Korea and the United States gathered in Seoul on Friday to discuss ways to pursue innovations as the economies around the world embrace the fourth industrial revolution.The annul Healthcare Innovation Seminar, hosted by the American Chamber of Commerce in Korea, brought together leading experts from government, academia and industries as the world undergoes rapid changes.Among the attendees are South Korean Health and Welfare Min
Technology June 30, 2017
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Korean shares down in late morning trading
South Korean shares traded lower late Friday morning, as investors opted to cash in part of their recent gains.The benchmark Korea Composite Stock Price Index shed 10.34 points, or 0.43 percent, to 2,385.32 as of 11:20 a.m.Large caps traded mixed with market kingpin Samsung Electronics falling 1.34 percent, and global chipmaker SK hynix down 1.75 percent.Top automaker Hyundai Motor fell 0.93 percent, and its smaller affiliate Kia Motors traded 0.66 percent lower.POSCO, the No. 1 steelmaker, adva
Market June 30, 2017
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Seoul voices concerns over false foreign reports' impact on inter-Korean ties
South Korea on Friday expressed concerns that some foreign media outlets' "groundless" reports could hamper inter-Korean relations, apparently pointing to a Japanese report on Seoul's alleged attempt to implement regime change in North Korea.Japan's Asahi Shimbun said Monday that the administration of former South Korean Park Geun-hye attempted to change the North Korean regime, including a possible plot to assassinate North Korean leader Kim Jong-un. (Yonhap)"There are concerns that some errone
Foreign Affairs June 30, 2017
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Korea, Japan discuss cooperation on environmental issues
Officials from South Korea and Japan have discussed bilateral collaboration on environmental issues, the foreign ministry here said Friday.In the 19th meeting of the countries' joint environmental cooperation committee held a day earlier in Ibaraki Prefecture, Japan, the two sides discussed cooperation in removing maritime trash and protecting migratory birds, according to the Ministry of Foreign Affairs. Ministry of Foreign Affairs (Yonhap)Also on the agenda was regional and multilateral coope
Social Affairs June 30, 2017
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Moon's rating rises amid efforts to enhance public communication
President Moon Jae-in's approval rating slightly increased due in part to his efforts to enhance communication with citizens, a survey indicated Friday.In the survey conducted from Tuesday through Thursday by local pollster Gallup Korea, Moon's rating was tallied at 80 percent, up 1 percentage point from a week earlier.Those who disapproved of his job performance made up 13 percent, down one percentage point from the previous week, while 7 percent said they were unsure or refused to answer. Pres
Social Affairs June 30, 2017
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Looted Korean royal seals to return home from US
WASHINGTON -- Two ancient Korean royal seals will be officially handed over to South Korea from the United States this week, decades after they were illegally shipped out of the country during the Korean War, officials said Thursday.The Royal Seal of Queen Munjeong and the Royal Seal of King Hyeonjong will be transferred to South Korea in a ceremony at South Korea's Embassy in Washington on Friday, officials said. The seals will be sent back home aboard the presidential jet when President Moon J
Foreign Affairs June 30, 2017
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Trump says discussions with Moon to include S. Korea buying more US energy
WASHINGTON -- US President Donald Trump said Thursday his upcoming discussions with President Moon Jae-in will include South Korea buying more energy from the United States.Trump made the remark during an "Unleashing American Energy" event at the Department of Energy, noting that the US firm Sempra Energy signed an agreement earlier in the day to sell natural gas to South Korea."As you know, the leaders of South Korea are coming to the White House today. And we've got a lot of discussion to do,
Foreign Affairs June 30, 2017
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US blacklists China bank, revving up pressure over N. Korea
WASHINGTON (AP) -- The United States blacklisted a small Chinese bank accused of illicit dealings with North Korea on Thursday, escalating the pressure on Beijing to rein in its wayward ally amid increased signs of frustration among President Donald Trump and his top advisers with China‘s diplomatic efforts. The Treasury Department declared the Bank of Dandong a “primary money-laundering concern,” proposing to sever it entirely from the US financial system, pending a 60-day review period. Altho
North Korea June 30, 2017
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Pentagon ready to present Trump with revised military options for N. Korea: report
WASHINGTON -- The US Defense Department has put together revised military options for North Korea and is ready to present them to President Donald Trump, a news report said Thursday.The options will be presented if the North conducts an underground nuclear or ballistic missile test that indicates the regime has made significant progress towards developing a weapon that could attack the US, CNN reported, citing two unidentified military officials. (Yonhap)National Security Adviser H.R. McMaster a
North Korea June 30, 2017
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Moon made 'good strides' toward US away from N. Korea: Haley
WASHINGTON -- President Moon Jae-in has made "good strides" towards the United States and away from North Korea, and the communist nation is pushing the South Korean leader further away from it with a series of missile tests, US Ambassador to the UN Nikki Haley said.Haley made the remark during a House Foreign Affairs Committee hearing as she talked about the deployment of the US THAAD missile defense system in South Korea, which Moon has suspended pending an environmental assessment. US Ambassa
Foreign Affairs June 30, 2017
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Korea to demand Japan take steps over dark history of its heritage sites
South Korea on Thursday regretted Japan's foot-dragging on its promise to make public information about its past industrial facilities which were added to the UNESCO heritage list though some of them used forced labor during World War II. A foreign ministry official said South Korea will demand Japan implement its promised steps during a UNESCO meeting next month.Hashima undersea coal mine off Nagasaki, known as “Battleship Island,” one of the 23 properties of “Japan’s Meiji Industrial Revolutio
Foreign Affairs June 29, 2017
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Budget for science R&D projects to rise 26% in 2018
South Korea plans to increase its 2018 budget spending for science and technology R&D projects by 26 percent, stepping up efforts to secure new growth engines, the science ministry said Thursday. The Ministry of Science, ICT, and Future Planning said it will spend 1.52 trillion won ($1.3 billion) in 2018 on various science and technology R&D projects, subject to parliamentary endorsement later this year, up from 1.26 trillion won allocated for this year.The planned allocations will assist in sec
Technology June 29, 2017
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Seoul stocks finish at new record high on large-cap gains
South Korea's main stock index finished at a fresh record high Thursday, helped by gains in large-cap stocks amid optimism on global economic growth. The Korean won rose against the US dollar.The benchmark Korea Composite Stock Price Index rose 13.1 points, or 0.55 percent, to close at 2,395.66. Trade volume was moderate at 433 million shares worth 5.38 trillion won ($4.71 billion). The local stock market opened higher, tracking overnight gains on Wall Street. On the back of a buying spree
Market June 29, 2017
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T'way Air to serve long-haul routes to US, Europe in 2020
T'way Air Co., a South Korean low-cost carrier, said Thursday it will start services on profitable international routes to the United States and Europe in 2020. To serve on the long-haul routes, the country's fifth-biggest budget carrier by sales plans to purchase or lease 10 large passenger jets by 2025 from Airbus or Boeing to strengthen its fleet, T'way Air Co. CEO Jeong Hong-geun said in a press conference. T`way Air Co. CEO Jeong Hong-geun answers questions on the budget carrier`s business
Industry June 29, 2017