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[ed] Brace for US rate hike
The United States will decide on its policy rate hike this week amid heightened global interest. The result of the Federal Open Market Committee's policy meeting in Washington will come out early Friday morning.

[ed] Park Geun-hye doctrine 2.0
On the diplomatic front, Korea has had a roller-coaster month or so. It started with a steep downhill slide capped by Prime Minister Shinzo Abe's "new Japan" speech, and ended with President Park Geun-hye's courageous decision to attend China's 70t..

[ed] Dinosaur-like KDB
The Korea Development Bank (KDB) can be best compared to a dinosaur that failed to follow the evolutionary path and therefore belongs as a skeleton in a history museum. First, its stated purpose on foundation was to help create an industrial infras..

[ed] Failure of redistribution
What is hurting Koreas economy most? Big businesses and pro-chaebol economic experts cite, among others, wage levels that grow far faster than labor productivity, and excessive spending on public welfare, which they say will turn the country into..

[ed] Health or revenue?
When the government raised the cigarette tax in December by 2,000 won ($1.70) per pack, it cited promoting public health as the reason. Not all took it at face value, but not all thought it a total lie. It seems as if the latter group was in the wr..

[ed] Leader under siege
The main opposition New Politics Alliance for Democracy (NPAD) should know the voters want it to function as a counterweight to the ruling Saenuri Party and bring checks and balances to President Park Geun-hye. So far, the NPAD has belied these exp..

[ed] Spreading labor unrest
Big manufacturing companies are awash with labor unrest after failing to reach a deal on wages. On Monday, Kumho Tire management called in riot police to control unionized workers after the company closed its production lines a day earlier. Workers..

[ed] No more one-off events
After a 20-month hiatus, South and North Korea will hold reunion events next month for families separated by the Korean War (1950-53). The agreement reached Tuesday was meaningful in that it was the first concrete result of a broader accord last mo..

[ed] Dilemma over budget
The budget proposal for next year, unveiled by the finance ministry Tuesday, reflects the government's dilemma of being unable to give up both economic revitalization and fiscal soundness. Next year's budget growth is set at 3 percent, its lowest l..

[ed] More women than men
There are now more women than men in Korea for the first time since the government began compiling demographics in 1968. As of the end of June, women numbered 25,715,796, outnumbering men by 492, according to the Ministry of Government Administrati..

[ed] Remember Aylan Kurdi
We do not want to shame British Prime Minister David Cameron for ignoring tragedies happening daily to refugees desperate to escape from war-torn Syria and warlord-controlled Africa. He must have national interest to consider and fear an even great..

[ed] Unimproved marine safety
In the aftermath of the Sewol ferry disaster last year, people thought - or hoped - Korea would be a totally different country in safety matters. A fishing boat accident Saturday, which left at least 18 people dead or missing, shows painfully littl..

[ed] Rebuilding the opposition
Disputes within the main opposition party appear to be slipping into an abyss over the partys reform plan. Rep. Ahn Cheol-soo, a former presidential contender of the New Politics Alliance for Democracy, told a press conference Sunday that it was ..

[ed] Unification diplomacy
U.S. officials might not like it but President Park Geun-hye's attendance at China's military parade last week marked her biggest diplomatic success since taking office two-and-a-half years ago. And the primary reason Park risked raising Washington..

[ed] Saving education chief
In elections, candidates usually accuse one another, raising suspicions about rivals, who then explain away false accusations and counterattack. Watching these exchanges, voters evaluate the morality, judgment and leadership of candidates as well a..

[ed] No zero-sum game
President Park Geun-hye's successful trip to Beijing has amplified concerns that the Korea-United States alliance will suffer as a result. Those worries preceded Park's trip, forcing her to consider whether she should skip a massive military parade..

[ed] Death penalty should stay
Everybody is right. The 12th century legal scholar Moses Maimonides observed a greater righteousness in acquitting 1,000 guilty people than executing one innocent man. German philosopher Immanuel Kant was no less right in declaring, "Whoever commit..

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Shipbuilder restructuring takes toll on Geoje Island
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China on alert over North Korea's counterfeiting
Lotus Lantern Festival to lighten up Seoul
New USFK commander vows readiness
No smoking within 10 meters of subway exits
16 NK defectors charged with meth smuggling