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Wed, December 12, 2018 | 00:30

Opinion > Editorial >

Gloomy export outlook

The country marked its 55th Export Day on Wednesday. Its exports are expected to hit a record high of $600 billion by the end of the year. This figure makes South Korea the world's sixth-biggest exporter. Nevertheless, this special day came and went with little fanfare because of a gloomy outlook for next year.

Editorial | 2018-12-05 17:12

Society without hope

South Korea was the world's 12th-largest economy by GDP last year. Yet, its people's quality of life is far from on par with its economic prowess.

Editorial | 2018-12-05 16:20

Probe into Kim & Chang

Korea's biggest law firm Kim & Chang has become a new center of attention in the widening probe into the judiciary abuse case surrounding former Supreme Court Justice Yang Sung-tae during the previous Park Geun-hye administration.

Editorial | 2018-12-04 17:16

Start of 5G service

Korea's three mobile carriers began to offer commercialized fifth-generation services for the first time in the world Saturday. The technical characteristics of 5G are super speed, super connectivity and super-low delay. Its transmission speed is 20 times faster than that of the existing 4G long-term evolution (LTE) networks and its delay time is one-10th of the previous generation service. The number of connected devices per square kilometer will also expand from 100,000 to 1 million.

Editorial | 2018-12-04 16:20

Kim Jong-un holds the key

Presidents Moon Jae-in and Donald Trump have pinned their hope on North Korean leader Kim Jong-un's possible visit to Seoul this month to get the deadlocked nuclear talks back on track. Kim's visit, if realized, could provide fresh momentum for denuclearization of the North and the peace process on the Korean Peninsula.

Editorial | 2018-12-03 16:59

Leakage of technology

Leaking state-of-art technologies abroad is a grave crime that could threaten the survival of developers and severely harm the country's industries. It is not only shocking but also deplorable that a subcontractor of Samsung Display allegedly sold key technology of Samsung's latest smartphone to a Chinese display company.

Editorial | 2018-12-03 16:20

The Bank of Korea (BOK) raised its key policy rate by a quarter percentage points to 1.75 percent Friday. The hike seemed inevitable, considering the widening interest gap between South Korea and the United States, and the ever-rising household debt.

Editorial | 2018-12-02 17:00

Lack of discipline

President Moon Jae-in vowed to sweep away “accumulated evils” from our society when he took office in May 2017. He has placed top priority on this vow because he won the election on the slogan of fighting against the rampant corruption that led to the ouster of his predecessor, Park Geun-hye.

Editorial | 2018-12-02 16:53

Moon-Trump meeting

South Korea is stepping up as a chief negotiator amid a prolonged deadlock in U.S.-North Korea denuclearization talks. Cheong Wa Dae confirmed that President Moon Jae-in will be meeting with U.S. President Donald Trump on the sidelines of the Nov. 30-Dec. 1 G20 summit in Argentina.

Editorial | 2018-11-30 18:01

Violent unionists

The union of auto parts maker Yoosung Enterprise held a news conference Thursday and apologized for its recent use of violence. Expressing deep regret, the union vowed not to cause a similar situation again and wished for the speedy recovery of an injured executive.

Editorial | 2018-11-30 18:00

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