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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

김영삼 前대통령, 혈액감염 치료 중 서거

김영삼 전 대통령이 22일 새벽 서거했다.김 전 대통령은 이날 0시21분 서울 종로구 연건동 서울대병원 중환자실에서 혈액감염 의심 증세로 치료를 받던 중 숨을 거뒀다고 이 병원 관계자가 전했다.김 전 대통령은 19일 몸에서 열이 나 서울대병원에 입원했으며, 21일 오후 상태가 악화돼 중환자실로 옮겼다.1993년부터 1998년까지 제14대 대통령을 지낸 김 전 대통령은 올해 88세로, 고령인 데다 체력이 많이 떨어져 종종 서울대병원에서 건강검진을 받아왔으며, 그때마다 며칠씩 입원했다.김 전 대통령은 19일 입원하기 전에도 이달 10일 검진 차 병원을 찾아 17일까지 입원한 뒤 퇴원했다.서울대병원은 김 전 대통령 서거와 관련해 오전 2시에 브리핑을 하기로 했다. (연합뉴스)

Nov 22, 2015

Kim Young-sam passes away

A portrait of former President Kim Young-sam is surrounded by hundreds of white chrysanthemums at his memorial altar in Seoul National University Hospital, Sunday. Kim died of a blood infection and heart failure earlier in the day. / YonhapBy Kang Seung-woo Kim Young-sam, the former president who helped end military rule and accepted an IMF bailout program in 1997, died early Sunday. He was 87.Kim, who led the country from 1993 to 1998, was hospitalized Thursday due to a high fever and breathing problems before he passed away at 12:22 a.m., according to Seoul National University Hospital.“Kim is believed to have died from acute stress derived from septicemia in addition to a worsened heart condition,” Oh Byung-hee, chief of the hospital, said in a press briefing.Ahead of the hospitalization, Kim had been admitted and discharged from the hospital several times in recent years after he suffered a stroke, angina and pneumonia due to his advanced age."The late Kim Young-sam dedicated his whole life to democratize and develop our country as the 14th president," Prime

Nov 22, 2015By Kang Seung-woo
Kim Young-sam passes away
  • Kim sets records in political history
  • 'Two Kim' era disappears into history
  • Financial crisis clouded Kim's reformist drive
  • Politicians mourn ex-president's death
  • State funeral for Kim set for Thursday
  • People remember IMF, not his political fights
  • Kim Young-sam and Korea's greatest generation
  • Business lobby groups pay tribute to Kim

'We help students develop global mindset'

Dr. Steven K. Lee, president of George Mason University Korea, makes a speech during his inauguration at the university’s campus in Songo, Incheon, Thursday. / Courtesy of George Mason KoreaDr. Lee takes helm of George Mason Korea By Chung Hyun-chaeDr. Steven K. Lee, president of George Mason University Korea, took the oath of office at its campus in Songdo, Incheon, Thursday.“I will do my best to continue to develop George Mason University Korea as a responsible global leader in higher education, contributing to Incheon, the local community and the world, and actively participating in solving global issues,” Lee said during his inaugural address.“George Mason University Korea will support students by providing them with varied learning experiences both inside and outside the classroom once they enter George Mason. We will encourage students to participate in the regional community and will support students in developing a global mindset,” he added.He was named the university’s new president last July.Lee received his Ph.D. from the

Nov 20, 2015
'We help students develop global mindset'

Elderly couple donates W7.5 bil. to KAIST

 Lee Seung-wong, 74, left, and Cho Jeong-ja, 72  / Courtesy of KAIST By Jhoo Dong-chan A couple in their 70s has donated 7.5 billion won ($6.4 million) to the Korea Advanced Institute of Science and Technology (KAIST), the nation’s top science university.According to KAIST, the couple living in Uijeongbu, Gyeonggi Province ― Lee Seung-wong, 74, and Cho Jeong-ja, 72 ― will donate 7.5 billion won of their real estate holdings, including a building in Seongbuk-gu, northeastern Seoul, to KAIST.“We have lived frugally and saved our money,” the couple said. “But we can’t spend it all. We want KAIST to spend our money on educating Korea’s scientists for the future.”The couple decided to donate their property when they got married.“Of course, I wanted to drink or hang out with my friends every once in a while,” Lee said. “But I decided to save my money, penny by penny, to help others in need.”Starting his career as a delivery man, Lee said there are few jobs that he has not tried.“At first, I chided m

Nov 20, 2015
Elderly couple donates W7.5 bil. to KAIST

Invention award

SSocial Bin CEO Kim Hak-su won gold at the International Trade Fair for inventions and new products in Nurnberg, Germany. The startup company, which is housed at the Creative Economy Innovation Center in South Gyeongsang Province, won the award for inventing factory safety systems utilizing smart devices./ Courtesy of Doosan Heavy Industries & Construction

Nov 19, 2015

Ex-Nike Korea chief named head of Philips Korea

Peter KwakBy Yoon Sung-wonPhilips Korea, the Korean subsidiary of the global electronics maker, has appointed former Nike Korea head Peter Kwak as the new general manager of its personal health sector, which sells the world’s most sought-after electric shaver brand.The company said Kwak’s long-accumulated experience and capabilities in Korea’s fast-moving consumer goods industry will contribute to its efforts to strengthen the personal health business in the domestic market.“Royal Philips’ personal health business sector has strived to provide innovative technologies to improve the Korean people’s quality of life and help them lead healthier lives,” Philips Korea Chief Executive Officer Dominique Oh said. “With Kwak’s deep understanding of Korean consumers and his experience in the fast-moving consumer goods industry, Philips Korea looks forward to meeting the rapidly-changing needs of Korean consumers and consolidating our leading position in the market.”Philips Korea said Kwak, who took office on Tuesday, has extensive exp

Nov 19, 2015
Ex-Nike Korea chief named head of Philips Korea

'Sunfull' awards for politicians

Min Byoung-chul, third from right in the second row, chairman of the Sunfull Movement, a nonprofit anti-cyberbullying network, poses with politicians and students during an awards ceremony at the National Assembly building in Yeouido, Seoul, Wednesday. From left in the second row are Rep. Lee Lee-jae of the ruling Saenuri Party, Education Minister Hwang Woo-yea, Rep. Chun Soon-ok of the main opposition New Politics Alliance for Democracy (NPAD), National Assembly Deputy Speaker Jeong Kab-yoon, Min, Deputy Speaker Lee Seok-hyun and LPAD Rep. Kim Choon-jin. About 400 high-school and college students selected 30 politicians from both ruling and opposition parties to receive Sunfull awards for their efforts to spread positive comments on the Internet. Sunfull is a Korean phrase meaning positive comments on the Internet as opposed to malicious and slanderous comments. / Courtesy of Sunfull Movement Headquarters

Nov 19, 2015

Suzy practiced pansori for one year for film

Singer-turned-actress Suzy attends a press preview of the upcoming film “The Sound ofa Flower” at a theater in Wangsimni, eastern Seoul, Wednesday. / YonhapBy Baek Byung-yeulSuzy, an actress and a member of K-pop girl band Miss A, said Wednesday she has practiced pansori, a style of Korean musical storytelling, every day for one year for the upcoming film “The Sound of a Flower.”“I’d say, for about a year. After learning pansori singing from a pansori teacher, I sang along with a pansori recording for about two hours a day,” Suzy told reporters after a press preview at a theater in Wangsimni, eastern Seoul.“By doing so, I recognized which parts I needed to practice more, and after repeating that process, now I think I have become a better pansori singer,” she added.Directed by Lee Jong-pil, “The Sound of a Flower” tells the real-life story of Jin Chae-sun, Korea’s first female pansori singer in the 19th century during the Joseon Kingdom (1392-1910).After becoming a student of the kingdom’s pansori

Nov 19, 2015
Suzy practiced pansori for one year for film

Konkuk MBA earns international accreditation

By Chung Hyun-chaeKonkuk University in Seoul has earned accreditation for its MBA from the Association to Advance Collegiate Schools of Business (AACSB International), a school spokesman said Thursday. “For seven years, we have focused on enhancing practicality and globalizing our programs to align with AACSB’s accreditation standards,” said Kim Yong-jae, dean of the School of Business at Konkuk University. “We will keep trying to improve the educational environment by securing excellent faculty and taking more feedback from students.”Founded in 1916, the AACSB International is a global nonprofit membership organization for the management education sector. Its members include business schools, corporations and public organizations.“It takes a great deal of self-evaluation and determination to earn AACSB accreditation, and I commend Konkuk University in Seoul for its dedication to management education, as well as its leadership in the community,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB Internation

Nov 19, 2015

Foreign ownership of Samsung Electronics hits 19-month low

Foreign holdings of Samsung Electronics Co. have dropped to the lowest level in 19 months, data showed Thursday, amid the tech giant's stock buyback and unfavorable external conditions.Offshore investors owned 50.5 percent of Samsung Electronics shares as of Tuesday, marking the lowest since April 22 last year when the figure came to 50.48 percent, according to data by the Korea Exchange (KRX).Foreign stock ownership of the top-cap company on the main stock market here has been on the decline since July when it reached the yearly peak of 51.86 percent.The selling spree is attributable to the company's plan to buy back its own shares to enhance shareholder value, according to market watchers.On Oct. 29, the tech giant began repurchasing 11.3 trillion won ($96.87 billion) worth of shares, which is to last for one year. All of the shares to be bought will be canceled. On the day until Wednesday, foreign investors offloaded 129.9 billion won of its shares."Investors seem to scrambling to lock in profits from earlier gains upon the better-than-expected buyback plan. After all, we've seen

Nov 19, 2015
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