The Korean daily media headlines and humor

The Korean daily media headlines and humor

Friday, February 3, 2017

Your Excellency:

Here areThe Korea Postnoticesandaroundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

A special request of The Korea Post

Excellency:

Do a favor to the Madam (and The Korea Post), and kindly deliver the following Invitation to the Madam:

Invitation to a cooking class and a luncheon

At a prestigious vocational college

Dear Madam (Spouse of the Ambassador):

I am sure that Madam will not want to pass up this rare opportunity.

Inspect and learn the premium Korean cooking, sample them, and win a Plaque

President Moon Sang-joo of the Korea Occupational Training College in Seoul is cordially inviting the Spouses of the Ambassadors, together with their husbands,inspect the Culinary Class and enjoy the food and beverage at this College on the upcoming Wednesday 8 February 2017.

Also, a prestigious Plaque of Citation is presented to a number of winning Madams.

The itinerary is as follows:

0920 hours, Wednesday 8 February 2017: Meet at the Grand Hyatt Seoul (near the Water Fountain).

0920-1020 hours: Move by Limousine Buses to the Korea Occupational Training College in Seoul.

1100-1300 hours: Madams have a hands-on experience.(with Excellencies, if desired) in cooking Korean foods. Presentation of Plaque of Citation to the winning Madams.

1300-1350 hours: Luncheon with President Moon Sang-jooand the faculty members.

1400-1500 hours: Tour of the school facilities.

1500: Depart College en route back to the Grand Hyatt.

Please indicate your interest in the following space:

Yes, we___(I alone___) will attend. Emergency cellphone number____________________

Contact phones of The Korea Post: 2298-1740/2, mobile 010-3388-1682 (Ms. Kim Jeong-mi for Korean callers) or 010-5201-1740 (Chairman Lee for English callers).

Very Respectively Yours

/s/

Lee Kyung-sik

Publisher-Chairman

The Korea Post media

Major topics on The Korea Post website (www.koreapost.com) today:

Investigators attempt to raid presidential office over scandal

South Korea's special investigators appeared at the presidential office Cheong Wa Dae on Friday to execute a search warrant to gather evidence on the influence-peddling scandal centered on President Park Geun-hye.

Chinese visitors on incentive tour expected to drop amid diplomatic tension

The number of large tourist groups from China to South Korea is expected to drop, a local tourism agency said Friday, amid growing diplomatic tension over Seoul's plan to deploy a U.S. missile defense system.

US Defense Secretary Mattis: None other than N. Korea needs to worry about THAAD

U.S. Defense Secretary Jim Mattis said that none other than North Korea needs to worry about the planned deployment of the U.S. THAAD missile defense system in South Korea.

Mattis, who arrived in Seoul on his first overseas trip since taking office, made the remark to reporters traveling together with him on the plane, stressing THAAD is a defensive system, according to a transcript provided by the Pentagon.

Fair Trade Commission to release info on price-fixing cases

South Korea's antitrust watchdog will make public a set of data on price comparison regarding price-fixing cases to help customers take legal action, government officials said Friday.

ROK football chief to compete with 3 candidates for seat on FIFA Council

South Korean football chief Chung Mong-gyu will compete with three other candidates for a seat on FIFA's main decision-making body. The Asian Football Confederation (AFC) released a statement on Friday that Chung, who heads the Korea Football Association (KFA), is one of the four male candidates running for a seat on the FIFA Council.

Illegal private lending on rise amid economic slump

A growing number of South Koreans are seeking help from the state financial watchdog for damages caused by loan sharks amid a prolonged economic slump, official data showed Friday.

ROK's current account surplus narrows to US$98.68 billion in 2016

South Korea's current account surplus narrowed 6.8 percent in 2016 from a year earlier due mainly to a decline in oil prices, central bank data showed Friday.

The country's current account surplus reached US$98.68 billion in 2016, compared with a surplus of $105.94 billion a year earlier, according to the preliminary data from the Bank of Korea (BOK).

Special investigators ready to conduct raid on Presidential office

South Korea's special investigators are poised to conduct a raid on the presidential office Cheong Wa Dae on Friday, as a local court issued a search warrant to gather evidence on the influence-peddling scandal centered on President Park Geun-hye a day earlier.

"Thank you, @Samsung! We would love to have you!"

U.S. President Donald Trump praised Samsung Electronics on Thursday for considering building a home appliances factory in the U.S.

"Thank you, @Samsung! We would love to have you!" Trump said in a Twitter message.

Samsung said last month it will consider building a new plant for home appliances in the U.S., as Trump stepped up calls for companies to build factories in the country, with a threat to impose hefty border tax when bringing in goods manufactured outside the U.S.

President Trump pledges to speed up NAFTA renegotiation

U.S. President Donald Trump said Thursday he will speed up renegotiation of the North America Free Trade Agreement (NAFTA), slamming the deal as a "catastrophe" for the U.S.

For up-to-the-minute Korea-language news, please visit www.koreapost.co.kr. there major topics on The Korea Post website (www.koreapost.com)

What’s ticking in Korea today?Here is a quick roundup of important news stories from the major Korean news media today:

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

US Defense Chief: THAAD Should Only Worry N. Korea

U.S. Secretary of Defense James Mattis has emphasized that no other nation needs to be concerned about a THAAD battery in South Korea other than North Korea.

Mattis made the remark to reporters Wednesday aboard his plane heading to South Korea as part of his first overseas tour as the new defense chief.

Acting President Meets US Defense Secretary

U.S. Defense Secretary James Mattis says the U.S. government will further strengthen its relations with South Korea in the face of provocations from North Korea. Mattis made his comments during talks with South Korea's Acting President Hwang Kyo-ahn on Thursday.

Security Adviser Meets US Defense Secretary

U.S. Defense Secretary James Mattis says the U.S. will reaffirm its commitment to the defense of South Korea including the use of extended deterrence.That's according the presidential office, which says Presidential National Security Adviser Kim Kwan-jin met with Mattis for about an hour on Thursday.

Philippine Police Chief Reprimands Officers for Robbery-Extortion of S. Koreans

Philippine National Police(PNP) chief Director General Ronald dela Rosa has publicly lambasted several officers accused of robbery and extortion of three South Korean tourists last December.Dela Rosa visited Angeles City on Wednesday to express his anger toward over the incident committed by the seven suspects.

Foreign Ministry Hails Inauguration of US State Secretary Rex Tillerson

Seoul's Foreign Ministry has hailed the inauguration of U.S. Secretary of State Rex Tillerson.Ministry Spokesman Cho June-hyuck told reporters on Thursday that Seoul is hoping that Tillerson’s assumption of office will lay the groundwork for further advancing South Korea-U.S. ties.

Moon Resumes Nationwide Tour to Cement Support

Leading presidential hopeful Moon Jae-in has resumed his nationwide tour promoting campaign pledges of unity and a focus on public livelihood.He visited Namhae and Jinju in South Gyeongsang Province on Thursday, a day after former UN chief Ban Ki-moon, formerly Moon's biggest rival, declared he would not run for president.

Bank Predicts Exports to Rise 10% in 1Q

The Export-Import Bank of Korea projects the country's exports in the first quarter will rise about ten percent from the same period last year. The leading index on exports rose five-point-four percent year-on-year to 120-point-one for the first quarter, marking the first increase in nine quarters since late 2014.

--------------------------------------------------------------------------------------------------------

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

S. Korea's current account surplus narrows to US$98.68 billion in 2016

South Korea's current account surplus narrowed 6.8 percent in 2016 from a year earlier due mainly to a decline in oil prices, central bank data showed Friday.The country's current account surplus reached US$98.68 billion in 2016, compared with a surplus of $105.94 billion a year earlier, according to the preliminary data from the Bank of Korea (BOK).

Mattis: None other than N. Korea needs to worry about THAAD

U.S. Defense Secretary Jim Mattis said that none other than North Korea needs to worry about the planned deployment of the U.S. THAAD missile defense system in South Korea.

Green Cross's 2016 net dips 32 pct on increased R&D spending

Green Cross Corp., a major pharmaceutical firm in Seoul, said Friday that its earnings sank 32 percent last year due mainly to increased research and development spending.Net profit reached 65.2 billion won (US$57 million) last year, compared with a profit of 95.7 billion won a year earlier, the company said in a regulatory filing.

Trump pledges to speed up NAFTA renegotiation

U.S. President Donald Trump said Thursday he will speed up renegotiation of the North America Free Trade Agreement (NAFTA), slamming the deal as a "catastrophe" for the U.S.

Trump says 'Thank you, Samsung' for considering building factory in U.S.

U.S. President Donald Trump praised Samsung Electronics on Thursday for considering building a home appliances factory in the U.S."Thank you, @Samsung! We would love to have you!" Trump said in a Twitter message.

Former N. Korean smuggler diplomat named ambassador to Switzerland

North Korea has named Han Tae-song as its new ambassador to Switzerland, Pyongyang's state media said Thursday.Han "has been appointed as DPRK ambassador to Switzerland," the Korean Central News Agency (KCNA) said in a short dispatch. The DPRK is short for the Democratic People's Republic of Korea, the North's formal name.

--------------------------------------------------------------------------------------------------------

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

Mattis vows to deploy THAAD ‘without a hitch’

US Defense Secretary James Mattis on Thursday reaffirmed plans to deploy its advanced missile defense system in South Korea this year “without a hitch,” singling out North Korea’s nuclear and missile program as a top priority for the new Donald Trump administration.

S. Korea court to declare Hanjin Shipping bankrupt

South Korea's Hanjin Shipping -- once the country's largest shipping company and the world's seventh biggest -- is expected to be declared bankrupt this month, a court said Thursday, resulting in thousands of job losses.

Hwang, An rise as race dynamics shifts

With former UN Secretary-General Ban Ki-moon dropping out of the race, the dynamics in the South Korean presidential contest have shifted significantly. While liberal Moon Jae-in is holding onto his strong lead despite a slight dip in the polls, the nation’s acting President and Prime Minister Hwang Kyo-ahn appears to be the biggest beneficiary of Ban’s unexpected exit from contention Wednesday.

Amid scandal, Samsung heir to get hefty cash return

Buoyed by Samsung Electronics’ outstanding performance last year and a more generous, shareholder-friendly program, the tech giant’s de facto leader Lee Jae-yong is expected to enjoy a large cash return this year in contrast to the swirling corruption scandal that he is facing.

Former N. Korean smuggler diplomat named ambassador to Switzerland

NHK biased in reporting Seoul-Tokyo comfort women deal: civic groups

Japanese public broadcaster NHK was accused by local civic groups on Thursday of selectively airing misinformed opinions that were in favor of an agreement between Seoul and Tokyo on the "comfort women" issue.

--------------------------------------------------------------------------------------------------------

The Korea Times (http://www.koreatimes.co.kr)

China's ban shifting hallyu to Southeast Asia

China's recent restrictions on K-pop and K-dramas are shifting the Korean wave, or hallyu, to Southeast Asia, officials said Thursday.China has cancelled a series of concerts and the airing of Korean TV dramas and shows after the Korean government decided to deploy a U.S. Terminal High Altitude Area Defense (THAAD) battery here.

Old Korean man glugs Coca-Cola in 1940s

Slides containing rare images of Korea in 1946-47 ― a year after the nation reclaimed sovereignty following the Japanese colonial era ― have been released.

Fake news going rampant

Former U.N. Secretary-General Ban Ki-moon claimed he had fallen victim to fake news."My pure patriotism was damaged by slander and fake news," he said in a press conference Wednesday, shortly after announcing he would not run for the presidency.

US defense chief arrives in Seoul

U.S. Defense Secretary James Mattis arrived in South Korea, Thursday, in his highly symbolic first overseas trip since taking office less than two weeks ago.Mattis said earlier that he chose South Korea as his first destination as the Seoul-Washington alliance is very significant amid growing North Korean threats. This was seen as an apparent effort to reassure key allies unsettled by U.S. President Donald Trump's accusation during his campaign that Seoul and Tokyo have been "free-riding" on U.S. security commitments.

Return of Japanese envoy still up in the air

Japanese Ambassador to Korea YasumasaNagamine has still not returned to Korea after Japan recalled him, Jan. 9, in the wake of a dispute over a statute of a girl ― symbolizing Korean sex slaves during Tokyo's 1910-45 colonial rules ― being placed in front of Japan's consulate in Busan.

`Pokemon Go' causes safety concerns

The "Pokemon Go" augmented reality mobile game has started causing concerns here as gamers are out hunting down Pokemon at the risk of their safety.

--------------------------------------------------------------------------------------------------------

Dong-AIlbo (http://english.donga.com)

U.S. defense chief reaffirms THAAD deployment in S. Korea

U.S. Defense Secretary James Mattis on Thursday said that he would “absolutely” discuss with South Korea the issue of deploying an advanced U.S. missile defense system in South Korea this year.

Trump’s daughter shows at Chinese New Year party

While U.S. President Donald Trump has been disappointing China with a series of hardline remarks against Beijing, his daughter Ivanka boasted her close ties with China by attending the Chinese embassy’s party on Wednesday night celebrating the Lunar New Year, prompting speculations about a possible division of labor between the father and his daughter.

National Museum refurbishes Joseon and Korean Empire rooms

The “Three-Eyed Gun,” a relic from the Japanese Invasion into the Joseon Dynasty in 1592, features a unique shape. With its three holes, the gun allows firing three bullets at the same time. Back then, it was a product of cutting-edge technologies transferred from the military of the Ming Dynasty.

Park Sung-hyun to make her debut at LPGA in March

Golfer Park Sung-hyun who conquered the Korean fields last year is on the rise, as she is preparing for the 2017 Ladies Professional Golf Association (LPGA) Tour. While yet to become a “big leaguer,” numerous sponsors are lining up in front of Park. As such, expectations on Park is as high as ever.

Daewoo E&C wins Qatar highway project

A series of good news has been announced in overseas construction industry that had been mired in the recession quite a while. Following SK Engineering & Construction and Daelim Industrial that won the construction project contract for the 1915 Canakkale Suspension Bridge of Turkey last month, Daewoo E&C has won a highway project in Qatar.

-------------------------------------------------------------------------------------------------------

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

Exports Rebound in January

Exports grew in double digits for the first time in four years last month, but domestic consumption remains weak amid political unrest in Korea. According to the Ministry of Trade, Industry and Energy on Wednesday, exports grew 11.2 percent on-year in January to US$40.3 billion. The last time exports grew in the double digits was in January 2013. Exports had been shrinking for 19 straight months but returned to growth in November last year.

Exports Decline for 2nd Year in a Row

Exports dipped for the second straight year in 2016, marking the first two-year contraction in 58 years and failing to reach US$1 trillion in annual trade value in either year.Signs of an export recovery appeared late last year, however, and trade is expected to grow this year.

Apple Overtakes Samsung in Smartphone Sales

Apple took the top spot in global smartphone sales in the fourth quarter last year after rival Samsung was knocked over by the debacle surrounding the combustible Galaxy Note 7.Market researcher Strategy Analytics on Tuesday said Apple sold 78.3 million smartphones in the fourth quarter to grab a 17.8-percent share of the global market. Samsung sold 77.5 million smartphones to account for a 17.7-percent share.

Hyundai to Build Korea's Tallest Skyscraper

The main tower of the Hyundai Global Business Center on the site of the old KEPCO headquarters in southern Seoul will be the tallest building in the country.It will stand 569 m tall with 105 floors, according to a draft environmental impact assessment released by the Gangnam District Office on Wednesday.

Navy Puts Anti-Submarine Choppers into Service

The Navy on Wednesday put four AgustaWestland AW159 Wildcat helicopters into service. The batch was part of eight of the European-made maritime helicopters the Navy purchased, a spokesman said. They were delivered in June last year. Another batch delivered in December will be put into service in July.

-------------------------------------------------------------------------------------------------------

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

Bowing out of presidential run, Ban Ki-moon says he was “too naive”

After abruptly announcing his withdrawal from the presidential race on Feb. 1, former UN Secretary-General Ban Ki-moon honestly described his unpleasant encounter with the political establishment during his tentative run for president while saying goodbye to his campaign staff.

Ban Ki-moon’s one-act play comes to an abrupt end

Poor ratings caused the curtain to fall sooner than planned on this unsuccessful one-act play detailing the lofty ambition of knitting together the division in South Korean society. This is a painful loss for South Koreans, both as individuals and as a society, since they must turn to diplomacy to find a way to survive.

Under Trump, US could brand South Korea a currency manipulator

As President Trump’s protectionist trade policies take aim at China, Germany and Japan, countries responsible for a large part of the US trade deficit, the likelihood has increased that South Korea could be caught in the crossfire of a currency war.

With Ban Ki-moon off the table, conservatives turn to acting president Hwang Kyo-ahn

Following former UN Secretary-General Ban Ki-moon’s abrupt announcement that he will not run for president, the attention of South Korea’s conservatives, and the Saenuri Party in particular, is likely to turn to Prime Minister and acting president Hwang Kyo-ahn.

Koreans, Vietnamese and Taiwanese inherited traits from Russian Far East

Research shows that modern Koreans inherited traits of the ancient people from the Russian Far East in the north and from places like Vietnam and Taiwan in the south.

S. Korean athletes seeking alternative to Japanese hotel chain with right-wing CEO

The Korean Sport and Olympic Committee submitted a request to the Olympic Council of Asia (OCA) for another hotel for the South Korean athletes participating in the 2017 Sapporo Asian Winter Games in Japan, not the APA Hotel originally selected.

-------------------------------------------------------------------------------------------------------

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

Mattis lands in Seoul to show resolve about North

U.S. Secretary of Defense James Mattis landed in South Korea Thursday, his first overseas destination since assuming office on Jan. 20, sending a clear message that the Donald Trump administration was focusing quickly on the North Korea situation.

Sails lowered for good on Hanjin, nation’s biggest shipper

After a 40-year history of connecting Korea to the world, the nation’s largest shipping company and the world’s seventh largest has lowered its sails for good. On Tuesday, a court decided to call off a restructuring program for Hanjin Shipping.

Hyundai Motor applies for Amcham membership

Hyundai Motor is rejoining the American Chamber of Commerce in Korea ahead of any demands by the protectionist administration of U.S. President Donald Trump. “We sent the official application last month,” a spokesperson from Hyundai Motor said Thursday, “We are still in the joining process, official membership has not been granted yet.”

Coupang pulls plug on daily deals service

Coupang, which was founded as a so-called social commerce platform that offered daily deals on restaurants, hotels and tourism packages similar to Groupon, said Thursday that it would terminate its social commerce service and commit to being an e-commerce platform.

Samsung Pay adds app for online shopping

Samsung Electronics is set to release an online-shopping version of its Samsung Pay mobile payment system next month that will be compatible with non-Samsung smartphones powered by the Android operating system.

--------------------------------------------------------------------------------------------------------

The KyungHyang-Shinmoon(http://english.khan.co.kr/)

[Ban Ki-moon to Withdraw from Presidential Race] "No Plans to Support Other Parties or Factions"

On February 1, former UN Secretary-General Ban Ki-moon announced that he would not run in the upcoming presidential election. This day, he said, "It is true that I did think that I could do better than any other leader in the Republic of Korea, but the barrier was high.

"Only 1.2 Million Won for Having Worked Even Nights and Weekends While Enduring Sexual Harassment"

Gang Eun-ji (32, alias), who lives in Hongeun-dong, Seodaemun-gu, Seoul, received a note from a gas meterperson on January 25. On the note was written an appeal that read, "Please read this. We suffer low wages and poor working conditions, and we may go on strike because we have failed to reach an agreement in our negotiations with management. We need your support."

[State-Published History Textbook: The Final Version] Education Ministry, “We Apologize, But Nothing Has Changed”

“As a party involved in the decision-making process, the education ministry apologizes for having been a major cause in the national confusion. However, we believe our future generation needs to have a view of history based on a positive idea of our country.”

The Anachronistic Connection among Cheong WaDae, Samsung and Far-Right Groups

Samsung and other chaebol had been actively involved in “government-organized” demonstrations by over ten far-right groups including the Korea Parent Federation from the initial planning stage. Reportedly, a senior executive from Samsung even personally attended a meeting organized by the Cheong WaDae Office of the Senior Secretary for Political Affairs.

--------------------------------------------------------------------------------------------------------

The Korea Economic Daily (http://english.hankyung.com/)

"North Korean Nuclear Threat Priority Issue for U.S. Administration"...Defense Secretary

United States Secretary of Defense James Mattis said on February 2 in South Korea, "The Trump administration will deal with the North Korean nuclear problem as the priority security issue." The retired U.S. Marine Corps general met on the first day of the visit Chief of the National Security Office Kim Kwan-jin at Cheongwadae and discussed issues relevant to both countries including nuclear deterrence assurances.

Samsung's Galaxy S8 No Longer Uses ATL Batteries

Samsung Electronics has replaced the battery supplier for its latest smartphone model Galaxy S8 from China's ATL to Japan's Murata Manufacturing. According to industry sources on February 2, Samsung has decided to get lithium polymer battery supplies for Galaxy S8's from Murata Manufacturing as well as Samsung SDI.

Foreign Investors Return to Korea's Office Building Market with a Vengeance

The share of foreign investment in Korea's office building market has surpassed the 50-percent level for the first time since 2007. According to international commercial real estate services company Cushman & Wakefield on February 2, the total volume of transactions for office buildings (buildings with floor space larger than 3,300 square meters) last year was 9.5 trillion won, a record high.

Lotte Chemical Overtakes LG Chem, First in 40 Years

Lotte Chemical overtook LG Chem for the first time since its establishment in 1976, ranking No. 1 among Korean petrochemical companies in terms of operating profit. Lotte Chemical's strategy of making "all-in" for the petrochemical business paid handsome dividends as it coincided with the advent of an unprecedented boom of the petrochemical market.

S-Oil Enjoys Record High Operating Profit in 2016

S-Oil achieved record-breaking operating profit last year, with the share of non-oil refining businesses, including petrochemical and lubricant base oil, in its overall operating profit exceeding the 50 percent level.

Lotte Chemical Overtakes LG Chem, First in 40 Years

------------------------------------------------------------------------------------------------------

AJU Business Daily (http://eng.ajunews.com/korea)

Apple dethrones Samsung in global smartphone market share

Apple has dethroned Samsung for the first time in five years and became the largest smartphone maker in the world, according to a report by Strategy Analytics, an international market research firm.

Opposition lawmaker disciplined for Park's nude painting parody

An opposition lawmaker was suspended for six months Thursday for hosting an exhibition to display a parody painting portraying President Park Geun-hye in the nude at a parliamentary building

Court decides to liquidate Hanjin Shipping in mid-February

Hanjin Shipping, which used to be South Korea's largest container carrier, will disappear from the center stage of corporate history this month with a court decision to shut it down.

Hyundai Motor revises blueprint to build tallest skyscraper in S. Korea

South Korea's Hyundai auto group has jumped into the race to build the country's tallest skyscraper that would be 14 meters (46 feet) higher than a tower built by its rival conglomerate, Lotte.

Ancient women from 'Devil's Gate' related to Koreans and Japanese: researchers

DNA of two 7700-year-old women discovered in an early Neolithic cave in far east Russia suggests they were closely related to some ethnic groups living today in the region, an archaeological research paper showed.

Apple dethrones Samsung in global smartphone market share

Apple has dethroned Samsung for the first time in five years and became the largest smartphone maker in the world, according to a report by Strategy Analytics, an international market research firm.

--------------------------------------------------------------------------------------------------------

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

SK Innovation to take over Dow Chemical’s EAA unit at $370 mn

SK Innovation Co., the energy solution unit of South Korean large conglomerate SK Group, has agreed to buy Dow Chemical Co.’s ethylene acrylic acid (EAA) business through its affiliate at $370 million, a move that is expected to allow the Korean company to leap forward to become a leading EAA supplier in the global market.

LG Uplus posts strong growth in Q4 earnings

South Korea’s LG Uplus Corp. reported stellar earnings for the fourth quarter and the full year 2016 that beat the market expectation, thanks to strong growth in its high-speed wireless business and internet-based TV service sales.

Hyundai Motor to build Korea’s tallest skyscraper in Seoul

South Korea’s Hyundai Motor Group attempts to break a new record by making its new headquarters building taller than the country’s highest skyscraper Lotte World Tower.

KEPCO completes development of electric car multi-vehicle charging grid

South Korea’s state-run Korea Electric Power Corp. (KEPCO) said Thursday it developed a grid capable of charging up to 18 electric cars at the same time that could be both time- and space-saving.

Shinhan Card CEO Wi’s hopes for bank CEO dashed upon filed with perjury charge

Wi Sung-ho, Shinhan Card Co. chief and a strong candidate to head Shinhan Bank, faces prosecution probe after a civilian group accused him of offenses of perjury and subornation of perjury.

What’s ticking around the world at this second?

See what the world media around the world have to report:

USA Today www.usatoday.com aallman@gannett.com

The New York Timeswww.nytimes.com inytletters@nytimes.com

Wall Street Journalwww.wsj.com support@wsj.com ,service@wsj-asia.com

Financial Times www.ft.com ean@ft.com

The Timeswww.thetimes.co.uk help@timesplus.co.uk

The Sun www.thesun.co.uk talkback@the-sun.co.uk

Chinese People's Dailywww.people.com.cn kf@people.cn

China Dailywww.chinadaily.com.cn circulation@chinadaily.com.cn

GwangmyeongDailywww.gmw.cn webmaster@gmw.cn

Japan's Yomiuriwww.yomiuri.co.jp japannews@yomiuri.com