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Wed, July 18, 2018 | 13:44

Opinion > Editorial >

Leak of military secrets

The Seoul Central District Prosecutors' Office recently arrested two commissioned officers of the Republic of Korea Defense Intelligence Command (KDIC) on suspicion of having sold classified military secrets, including a list of undercover agents active in foreign countries, to overseas' entities.

Editorial | 2018-06-06 16:20

Minimum wage hike

President Moon Jae-in's economic policies have triggered much controversy, particularly the hourly minimum wage. The Moon administration raised the minimum wage to 7,530 ($7) won per hour this year, a 16.4 percent hike from 6,470 won in 2017. President Moon has pledged to raise the minimum wage to at least 10,000 won by 2020.

Editorial | 2018-06-05 17:04

US trade pressure

As the Donald Trump administration ratchets up trade pressure on its allies and rivals alike, export-dependent Korea is gripped with a grave sense of crisis.

Editorial | 2018-06-05 16:21

Who will pay the bill?

The United States and North Korea are likely to agree - in principle - on a denuclearization formula during their historic summit scheduled for June 12 in Singapore. If their deal-making is successful enough, the formula will certainly be based on the North's full denuclearization in return for security guarantees and economic benefits.

Editorial | 2018-06-04 16:56

Galvanizing voter interest

The June 13 local elections are a week away, but they still have a low profile, apparently overshadowed by the upcoming denuclearization summit between U.S. President Donald Trump and North Korea leader Kim Jong-un. The summit is to be held in Singapore, a day before the polls.

Editorial | 2018-06-04 16:20

Formal end to war

U.S. President Donald Trump's meeting with North Korean leader Kim Jong-un's special envoy Friday has raised the possibility of formally ending the Korean War. It was first time Trump has mentioned such a possibility.

Editorial | 2018-06-03 16:40

Detente gaining momentum

The inter-Korean dialogue is gaining momentum after Seoul and Pyongyang agreed to hold three different talks this month. The agreement followed the historic summit between President Moon Jae-in and North Korean leader Kim Jong-un at the truce village of Panmunjeom, April 27.

Editorial | 2018-06-03 16:20

Kim's letter for Trump

U.S. President Donald Trump will receive a personal letter from North Korean leader Kim Jong-un. Trump confirmed he expects the letter from Kim before leaving for Texas on May 31, saying “I look forward to seeing what's in the letter.”

Editorial | 2018-06-01 16:31

Adverse external factors

A series of unfavorable economic factors are thrashing the Korean economy. Italy's political crisis is pulling down stock prices in most European countries, sending their bond prices to rock bottom, too. As the financial jitters that gripped emerging economies such as Argentina, Turkey and Indonesia spread to Europe, Asian financial markets have begun to falter. The Chinese and Japanese stock markets plunged, and the Korea stock price index also fell 2 percent on Thursday.

Editorial | 2018-06-01 16:30

Shorter workweek

A 52-hour workweek will be introduced starting July 1 at companies with more than 300 workers, with the aim of offering the shorter working hours at all workplaces by 2021. This is a significant cut from the current maximum, which is 68 hours.

Editorial | 2018-05-31 17:15

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