September 12, 2016

TheKorean daily media headlines and humor

Monday, September 12, 2016

Your Excellency:

Here are The KoreaPost notices and around up of important headlines from all major Korean-languagedailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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Aquick roundup of major news stories from the Korean news media today:

KBS (http://world.kbs.co.kr/english/news/)

USto Deploy 12 B-1B Bombers to Korean Peninsula Monday

The UnitedStates will deploy 12 B-1B strategic bombers on the Korean Peninsula on Mondayin the wake of North Korea's fifth nuclear test.

ClintonUrges China to Take Active Role in Containing N. Korea

U.S.Democratic presidential candidate Hillary Clinton has pointed the finger at Chinafollowing North Korea's latest test of a nuclear weapon on Friday.

Parkto Meet with Party Leaders Monday

President ParkGeun-hye will meet with the chiefs of three ruling and opposition parties onMonday.

Seniorpresidential secretary for political affairs Kim Jae-won said on Sunday thatPark will meet with Chairman Lee Jung-hyun of the ruling Saenuri Party,Chairwoman Choo Mi-ae of the main opposition Minjoo Party of Korea and theinterim leader of the minor opposition People’s Party Park Jie-won at 2 p.m. onMonday at the presidential office.

USCourt Grants Provisional Protection on 4 Hanjin Ships

KoreanAir Board Still Undecided on Aid Package to Hanjin Shipping

KOSPIRattled by N. Korea's Nuke Test

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Yonhap (http://english.yonhapnews.co.kr)

Parkto meet with party leaders to discuss N. Korea's 5th nuke test

President ParkGeun-hye will have talks with the leaders of the ruling and the two mainopposition parties this week to discuss ways to tackle North Korea's latestnuclear test and other pressing issues, a presidential spokesman said Sunday.

S.Korean golfer Kim In-kyung wins on Ladies European Tour

South Koreangolfer Kim In-kyung has captured a Ladies European Tour (LET) event in Germany.

CIAchief: Marrying up N.K. nuclear, missile programs poses threat to U.S.

CIA DirectorJohn Brennan expressed concern about North Korea's nuclear and missileprograms, saying the two dangerous capabilities, when married up, pose a threatto the United States.

"I thinkNorth Korea under Kim Jong-un is clearly a concern and needs to be aninternational concern because they continue to develop their nuclearcapabilities with the test that was just done last week," Brennan said onCBS' "Face the Nation."

N.Korea is 'single most significant danger' for next U.S. president: Negroponte

North Korea isthe "single most significant danger" that the next U.S. presidentwill face, a former top U.S. diplomat said Sunday, calling for greater effortsto curb Pyongyang's nuclear and missile programs.

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The Korea Herald (http://www.koreaherald.com)

Callssurge for NK policy fix in wake of nuke test

As Pyongyang’sfifth nuclear test highlighted its threats, Seoul is coming under mountingpressure for an overhaul of its North Korea policy that critics say has failedto deter the regime’s military ambitions while eroding room for its ownmaneuvering.

UNmulls new NK sanctions

The UNSecurity Council has set out to craft a fresh set of tougher punitive measuresover North Korea’s latest nuclear test, while Seoul and Washington mullindependent sanctions to deepen the North’s isolation and further tighten theeconomic screws.

HanjinShipping faces challenges even after unloading resumes

HanjinShipping still faces financial challenges even after its container ship safelybegan unloading at the US port, industry watchers said Sunday.

Lotteprobe zeroes in on chairman

Koreanprosecutors digging into alleged corruption at the Lotte Group appear to bezeroing in on the group’s chairman Shin Dong-bin, the victor of a bitter familyfeud over the control of the Korean-Japanese conglomerate.

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The KoreaTimes (http://www.koreatimes.co.kr)

THAADhits stock-rich Korean entertainers

The disputeover Korea's air defense system has caused more than 160 billion won damage toleaders of the country's top-tier entertainment companies, according toChaebul.com, Sunday.

Brazilurges Korea to open farming markets

Brazil andKorea should widen their respective market for each other's top export items tovitalize economic cooperation, a top Brazilian government official said inSeoul last week.

Customersadvised to stop using Note 7

SamsungElectronics recommended customers in Korea and the United States to stop usingthe Galaxy Note 7 until after they get a safety check on its battery, Saturday.

Migrantathletes stir debate

During the RioOlympics, Chinese-born athletes representing different countries played againsteach other in table tennis.

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DongA Ilbo (http://english.donga.com)

U.S.plans to deploy strategic bombers over Korean Peninsula

It has beensaid that the U.S. will deploy strategic bombers to Andersen Air Force Base inGuam as a counteraction on the North Korea’s 5th nuclear test. It will be asolemn warning on the North’s latest nuclear provocation and a chance toreconfirm?that South Korea is under the protection of the U.S. nuclear umbrella andnuclear deterrence policy.

Samsungurges consumers to stop using Galaxy Note7

SamsungElectronics has issued a global statement on Saturday, urging consumers to turnoff their Galaxy Note7 smartphone and exc…

Pres. Park tomeet party leaders to urge cooperation on N.K. nuclear issue

President Parkwill hold a meeting with ruling and opposition leaders at 2 p.m. on Monday,presidential spokesman said on Sunday.…

Dangeroustemporary operation of Seongnam-Yeoju electric railway

It has beenconfirmed that the Ministry of Land, Infrastructure and Transport and KoreaRailroad Corporation (Korail) plan to add…

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Chosun Ilbo (http://english.chosun.com)

Seoul's Chinese Enclave Comes to Life

The Chinese enclave of Daerim-dong in southern Seoul hasundergone a transformation over the last few years from slum to bustlingcommercial district. The 200 m stretch from exit No. 8 at Daerim subway stationto exit No. 12 now bustles with ethnic Koreans from China and Chinese migrantworkers every night.

Obama Submits Plans for Getting Info toN.Korean

sThe Obama administration has submitted a report to U.S.lawmakers on how it plans to help North Koreans get better access to outsideinformation. Republican Bob Corker, chairman of the Senate Foreign RelationsCommittee, said on Wednesday the State Department submitted the report butdeclined to say what was in it.

Credit Card Spending by Chinese TouristsSurges

Chinese tourists spent W4.3 trillion in Korea on creditcards alone in the first half of this year, according to a report by the KoreaCulture and Tourism Institute and Shinhan Card. That was a 5.5-fold increasefrom 2012.

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HanKyoReh Shinmoon (http://english.hani.co.kr)

5thnuke test is message to outside world: Sanctions will not stop N. Korea

Test timed to exploitdisunity of Six-Party Talks countries, flouts UN Security Council sanctions

North Koreadescribed its fifth nuclear test as “Part of our practical response measures tothe sanctions ruckus and the threat posed by the US and other hostile powers”in a statement issued by the Democratic People’s Republic of Korea NuclearWeapons Institute on Sept. 9. It also called the test “A display of the partyand people’s ultrapowerful commitment.”

Timingof latest N. Korean nuke test is cause for grave concern

Affairs inNortheast Asia were already on an uncertain footing, but the nuclear testcarried out by North Korea on Sept. 9

S.Korea worried about speed of N. Korea’s nuclear development

The pointsthat are worth noting about North Korea’s unexpected nuclear test on Sept. 9are the increased power of the nuclear blast and North Korea’s claim that itwas a “detonation test of a nuclear warhead.”First of all, the explosive powerof this nuclear test (North Korea’s fifth) was twice that of the fourth nucleartest, on Jan. 6

N.Korea believed to conduct fifth nuclear test

An artificialearthquake was detected near Punggye Village in North Korea. It is presumedthat North Korea carried out a fifth nuclear test.“At about 9:30 am, artificialseismic waves with a magnitude of 5.0 were detected in the vicinity of PunggyeVillage in North Korea.

Japaneseleader Abe wants comfort woman statue gone: Kyodo News

Japanese PrimeMinister Shinzo Abe all but demanded the removal of a statue symbolizing thecomfort women at a Sept.

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JoongAng Ilbo (conservative) (http://koreajoongangdaily.joins.com/)

Parkmeets with party leaders on North’s nuke test

President ParkGeun-hye will hold an emergency meeting today with leaders of the ruling andtwo main opposition parties at the Blue House in the wake of North Korea’sfifth nuclear test Friday to discuss how to respond.

Seoul,Washington search for new sanctions

South KoreanForeign Affairs Minister Yun Byung-se called on the international community toput more sanctions and pressure on North Korea so that it could “suffer frompain” - and change.

Korea’sstart-up scene is starting to look a little less Korean

Jason Monroe,chief engineer of Pulzze Systems, a Silicon Valley-based start-up founded in2014, walked on stage and described his company’s Internet-of-Thing technologyfor five minutes.

Inshipbuilding regions, help on the way

The governmentannounced a set of measures on Sunday to minimize the negative impacts fromongoing restructuring in the Korean shipping and shipbuilding industries.

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The KyungHyangShinmoon (http://english.khan.co.kr/)

Falling Hong Joon-pyo, "I Want to Go toHell and Ask Sung"

On September 8, the court sentenced Hong Joon-pyo,governor of Gyeongsangnam-do a year and a half in prison in connection to theSung Wan-jong list, switching on a red light in Hong's political career.

"You Never Know with Baseball"Commentator Ha Il-sung's Sad Good-bye

At 7:50 a.m. on September 8 at the Sky Entertainmentoffice in Samjeon-dong, Songpa-gu, Seoul, a company employee made a report tothe police saying, "When I opened the door, the president had hangedhimself."

President Park Gives Japan"Indulgence" for Comfort Women Issue, While Abe Presses for the Removalof the Comfort Women Statue

At a summit with Japanese Prime Minister Shinzo Abe onSeptember 7, President Park Geun-hye assessed the agreement on the comfortwomen in the Japanese military reached between the two governments at the endof last year as a positive momentum in the relationship between the twocountries.

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The KoreaEconomic Daily (http://english.hankyung.com/)

NorthKorea Nuclear Risk Expected to Be Short-lived...Analysts

Even after thenews of North Korea launching a nuclear test on September 9, South Korea'sfinancial market responded calmly. Although foreign investors sold large capstocks such as Samsung Electronics in large volumes, it didn't have a majorimpact on the overall market. The foreign exchange market... 

BumperRice Crop Not Necessarily Good News for Farmers and City Dwellers

Theunprecedented August heat wave turned out to have been a boon to Korea's ricecrop. This year will likely be one of the bumper years due to higher averagetemperature, longer length of daytime, and no typhoon damage to date. Still,nobody is happy about the prospect of a record-high rice harvest...

KEPCOWeighs Investment in British Moorside Nuclear Project

Korea ElectricPower Corp. is reviewing a plan to invest in a project to build MoorsideNuclear Power Station in Britain, one of the largest power plant constructionprojects in Europe. Given its huge investment size of more than US$1 billion,industry participants are paying keen interest in whethe...

SamsungStrongly Advises Galaxy Note 7 Users to Turn off and Exchange Device Now

SamsungElectronics urged the global users of the Galaxy Note 7 not to user it anylonger and replace it with new ones as quickly as possible.

Korea'sHealth Insurance Service Breaks 20 Tril. Won Surpluses

Korea's healthinsurance service passed the 20-trillion-won mark in cumulative surpluses. OnSeptember 11, Rep. Ki Dong-min, a South Korean politician in the oppositionMinjoo Party,

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AJU BusinessDaily (http://eng.ajunews.com/korea)

Creditcard spending by Chinese tourists focuses on cosmetics: survey

Spending byChinese tourists using plastic cards has jumped dramatically over the past fiveyears, helped by the growing popularity of cosmetics products favored by youngpeople, industrial data showed Thursday. Credit card spending by C…

MiraeAsset Life formalizes bid to acquire domestic underdog

Mirae AssetLife Insurance Co. formalized its bid to acquire a domestic underdog Friday inan intensifying turf war among South Korean insurers to increase their clout inSouth Korea's saturated insurance market.

CJGroup unit acquires controlling stake in Malaysian logistics firm

South Korea'slargest total cargo delivery company, CJ Korea Express Corp., said Thursday ithas acquired a controlling stake in Malaysia's second largest logistics companyin an effort to expand its distribution network in Southeast Asia.

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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/)

Samsungadvises against use of Galaxy Note 7 until recall

SamsungElectronics Co. strongly advised against the use of its Galaxy Note 7 in Koreaand the United States Saturday, just about a week after it announced avoluntary recall of its fire-prone premium phablets across 10 markets.

Koreangovt scurries to address Hanjin cargo crisis

The SouthKorean government pledged to step in to resolve worldwide shipping havoc in theaftermath of Hanjin Shipping’s court receivership.

SKseeks to further expand presence in China via close ties with local firms

South Korea’sSK Group is accelerating efforts to expand its presence in China by promotingjoint projects with local enterprises that are familiar with the world’ssecond-largest economy.

S.Korea’s household debt on unfazed rise despite tougher regulation

South Korea’shousehold loans increased in this year’s monthly largest volume of 8.7 trillionwon ($7.9 billion) in August despite fresh government announcement to curbhousehold debt and amid unfazed activity during the traditionally slow summerperiod.

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