KoreaTimes(202) - Editorial, Opinion, page 11

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Opinion

Editorial

Mon, October 21, 2019 | 07:04

Controversy over Cho Kuk

President Moon Jae-in's nominee for justice minister, Cho Kuk, is in the hot seat over fraud and corruption allegations levelled against his relatives.

Na Jeong-ju2019-08-20 17:10

Irresponsible financial sellers

People who invested more than 800 billion won ($661 million) into a derivatives-linked fund (DLF) are about to lose their principal. The Financial Supervisory Service has decided to launch a joint inspection of securities companies that designed the financial product and the banks that sold it.

Park Yoon-bae2019-08-20 16:14

Prospect for talks

U.S. Special Representative for North Korea Stephen Biegun will visit South Korea for three days from Tuesday. His visit raises hopes for the resumption of working-level nuclear talks between Washington and Pyongyang. The North should no longer delay the talks to keep its commitment to denuclearization and to speed up peace-making on the peninsula.

Park Yoon-bae2019-08-19 17:11

Plunging corporate profits

Korea's top 10 conglomerates suffered a sharp decline in profitability in the first half of this year. According to a report released by Infobigs, a data provider specializing in big business groups, the combined operating profit of 90 listed affiliates of the top 10 chaebol amounted to 21.3 trillion won ($17.6 billion) in the January-June period, down 54 percent from 45.8 bi...

Park Yoon-bae2019-08-19 17:10

Japan has removed Korea from its whitelist of preferential export procedures for industrial materials apparently as a result of its grudge against Seoul over historical issues. This measure is scheduled to take effect in 10 days. Seoul also decided to remove Japan from its own list of trade partners given preferential treatment.

Na Jeong-ju2019-08-18 17:46

China-NK military talks

A North Korean delegation, led by Kim Su-gil, director of the General Political Bureau of North Korea's People's Army, has visited Beijing for high-level military talks with China.

Na Jeong-ju2019-08-18 17:21

Historical amnesia

Japanese Prime Minister Shinzo Abe still refuses to acknowledge or apologize for atrocities his country committed during World War II. His refusal has continued since his 2012 inauguration. It is disappointing for the nationalist leader to mark Japan’s surrender without expressing any regret for its shameful past. He has no intention of reflecting on the aggressions and vario...

Park Yoon-bae2019-08-16 17:36

DHC, a Japanese cosmetics maker notorious for its anti-Korean TV channel, has issued a self-excusing statement full of sophistries and factual distortions. By doing so, the company revealed once again that it lacks a minimum of basic ethics as a business entity.

Park Yoon-bae2019-08-16 17:35

Dialogue overtures

President Moon Jae-in has expressed his hope that South Korea will resolve the ongoing trade spat with Japan through dialogue. Marking the 74th National Liberation Day on Thursday, he said the county will “gladly join hands” with Japan for East Asian prosperity if it chooses dialogue and cooperation to end the dispute.

Park Yoon-bae2019-08-15 17:00

Hyper-budget for 2020

The liberal government's expansionary fiscal policy is going over the line. The ruling Democratic Party of Korea (DPK) asked the government Tuesday to formulate the hyper-budget of 530 trillion won ($437 billion) for next year. If the government accepts the request, its 2020 spending will mark a hefty 12.9 percent increase from this year, even larger than the budgetary expans...

Park Yoon-bae2019-08-15 16:40

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