South Korea News


South Korea is threatening to jail selfie stick retailers
The South Korean government is going after sellers of uncertified camera extenders, threatening fines of up to 30 million won ($27,000) and prison time of as long as three years. According to Korea's Ministry of Science, “selfie sticks” that have ...


Chief of Ferry Company in South Korea Is Given 10-Year Jail Sentence
New York Times
SEOUL, South Korea — The head of the company whose ferry sank in April, killing more than 300 people in one of South Korea's worst disasters in decades, was convicted on Thursday of accidental homicide and embezzlement and sentenced to 10 years in ...
South Korea launches agency to replace coast guard after ferry disasterReuters
South Korea ferry boss jailed for 10 years over Sewol sinkingThe Guardian
South Korea launches new safety agencyU-T San Diego
Business Insider -Deutsche Welle
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The Guardian

South Korea says economic cost of unification would be $500bn
The Guardian
South Korea's top financial regulator has said developing North Korea's economy in the case of eventual reunification would cost about $500bn (£320bn). Shin Je-Yoon, chairman of the Financial Services Commission (FSC), told a seminar in Seoul that the ...


Did China just grant one-of-a-kind trade status?
A new free trade agreement may give companies from South Korea a serious leg up—in China. The trade deal, signed last week by China's Xi Jinping and Korea's Park Geun-hye, may not only eliminate tariffs on 90 percent of goods traded between the two ...
Special 3 / South Korea / 50th anniversary raises hopes of reconciling wartime ...The Japan News
Minister stresses China-South Korea FTA's impact on local SMEsFocus Taiwan News Channel
S Korea chaebol growth model hits limitsFinancial Times
WantChinaTimes -The Korea Herald -FreshPlaza
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Women to outnumber men in South Korea in 2015, working age
The Korea Herald
Women will outnumber men in South Korea next year, while the country's working age population will reach its peak in 2016 before falling, a government forecast showed Sunday. The future population estimate by Statistics Korea predicted the number of ...
Forecast Predicts Women in South Korea to Outnumber Men in 2015RIA Novosti

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Business Insider

Foreign Imports Erode Sales of South Korean Automakers
New York Times
SEOUL, South Korea — For the first time in 24 years, South Korea is on track to spend more on vehicle imports from Europe this year than it earns from its own vehicle exports, as German brands breach the once-impregnable fortress of Hyundai Motor ...
GOLDMAN: Here Are The 10 Big Market Stories That'll Dominate 2015Business Insider

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Hollywood Reporter

Scalpers Appear as 'Interstellar' Becomes Phenomenon in South Korea
Hollywood Reporter
This weekend, over 280,000 moviegoers are set to watch Interstellar according to the Korean Film Council's KOBIS database. This makes up 68.1 percent of all advance reservations; Fury, for which Brad Pitt recently toured Seoul, accounted for just 7.3 ...

New York Times

Judgment Awaits for Crew of South Korea Ferry
New York Times
GWANGJU, South Korea — The defendants, 13 men and two women wearing green prison uniforms, entered a brightly lit courtroom last month and sat in two rows along a side wall. From the bench, three judges in black robes convened the 29th session of a ...
South Korea ferry verdicts bring disappointment, vow to appealLos Angeles Times
Court jails captain of capsized South Korean ferry to 36 years Ferry captain ...CNN
South Korea court jails captain of doomed ferry for 36 yearsReuters
ABC News -The Guardian -Fox News
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Wall Street Journal (blog)

South Korea Threatens Jail for Sellers of Unapproved Selfie Sticks
Wall Street Journal (blog)
South Korea's government said it would start checks on sellers of selfie sticks on Friday, with retailers selling uncertified products facing a maximum fine of 30 million won (US$27,000) or even prison time of as long as three years. The probe focuses ...

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Wall Street Journal

South Korea and China Reach Trade Accord
New York Times
SEOUL, South Korea — China and South Korea declared on Monday that they had reached a trade agreement that would further deepen their economic ties by removing tariffs on more than 90 percent of goods traded between the two global export giants ...
China, South Korea sign 'substantial conclusion' of free trade dealReuters
South Korea, China Agree on Outline of Free-Trade DealWall Street Journal
China, South Korea Reach 'Substantial Conclusion' on FTAVoice of America
BBC News -Fox News
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