KoreaTimes - Editorial

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Editorial

Thu, March 23, 2023 | 11:45

Grave tasks ahead

Samsung Electronics Vice Chairman Lee Jae-yong was appointed as chairman of the world's No. 1 maker of semiconductors and cellphones, Thursday. Lee's ascension came 10 years after he took the vice chairmanship and two years after his father Lee Kun-hee passed away. Lee has been essentially leading the nation's largest company since 2014 when his father collapsed due to a hear...

Shim Jae-yun2022-10-28 17:04

Unwelcome record profits

The country's four financial holding firms reaped a record combined net profit of 13.85 trillion won ($9.77 billion) in the first nine months of this year. The sum is expected to rise further to a stunning 19 trillion won for the whole year.

Park Yoon-bae2022-10-27 17:05

Lowering criminal age limit

On Tuesday, the Ministry of Justice announced a set of measures to cope with juvenile crimes. The policy package calls for, among other things, the lowering of the age of criminal responsibility from 14 to 13. Currently, minors under 14 cannot be convicted of a crime in Korea. Even if these juveniles commit offenses, they are referred to community service programs or youth co...

2022-10-27 16:58

Shaky 'reactor alliance'

Westinghouse Electric Company has filed a suit against Korea Hydro & Nuclear Power (KHNP) and Korea Electric Power Corp. (KEPCO), hindering their plans to export nuclear reactors to Poland. In the lawsuit filed with the U.S. District Court for the District of Columbia, the U.S. firm claims Korea's APR 1400 reactors incorporate the design of the System 80 reactor of Combustion...

Shim Jae-yun2022-10-26 17:28

Growing distrust of Korean Air

A Korean Air passenger jet overshot the runway at Cebu International Airport in the Philippines while attempting to land late on Sunday. There were 162 passengers on board along with 11 cabin crew.

2022-10-26 17:17

Shameful boycott

The main opposition Democratic Party of Korea's (DPK) boycott of President Yoon Suk-yeol's budget speech at the National Assembly on Tuesday cannot be justified under any circumstances. It was a shameful act that deserves criticism for the dereliction of duty as a responsible political party.

Park Yoon-bae2022-10-25 17:06

Local councilors' greed

Local councilors around the country are under criticism over their greedy moves for higher pay. Many are pushing for a significant hike in their own salaries, officially claimed as expenses for their activities, for the next four years ahead of the Oct. 31 deadline. Critics are right to say these councilors are lining their pockets while turning a blind eye to the people's li...

2022-10-25 16:53

Protect victims first

The Ministry of Justice has announced amendment bills to the Stalking Punishment Act and the Electronic Device Attachment Act, alarmed by the shocking murder of a subway worker by her former coworker at Sindang Station in Seoul. The amendments come in response to a public outcry over the government's failure to properly address stalking crimes and violence against women.

2022-10-24 17:08

Return to one-man rule

Chinese President Xi Jinping has emerged stronger as he grabbed a historic third term as general secretary of the Chinese Communist Party (CCP) on Sunday for another five-year stay in power. Xi was named again as the head the Central Military Commission in charge of the People's Liberation Army. Xi managed to consolidate his power by filling the seven-member Politburo Standin...

Shim Jae-yun2022-10-24 17:08

Deepening financial pinch

The domestic money market has suddenly been thrown into a panic, making it ever more difficult for businesses, particularly construction companies and brokerages, to raise funds. This has created a financial pinch, deepening fears about chain reaction of corporate bankruptcies and a subsequent financial crisis.

Park Yoon-bae2022-10-23 17:07

11 12 13 14 15 16 17 18 19 20

Top 10 Stories

1	Korean firms balk at donating to fund compensating victims of Japan's forced labor

2	Sexual assaults by Korean diplomats continue despite zero-tolerance policy

3	Consumers choose to travel abroad over purchasing luxury goods

4	Main opposition leader indicted, faces calls to resign

5	World water day

6	Outback Steakhouse sees sales soar as it opens stores in large shopping malls

7	Samsung, SK avoid worst-case scenario as US 'guardrails' are less stringent than feared

8	Korean pension fund hit by overseas banking crisis

9	INTERVIEWRetired FSC chief finds inspiration exploring Koreans' ancestral roots

10	Campaign launched to promote equal treatment for multicultural families

DARKROOM