• 

  Foreign Policy

  Moon to leave for Singapore to take part in ASEAN summits

  President Moon Jae-in was to leave for Singapore Tuesday for annual summits with Southeast Asian nations and their dialogue partners as he strives to bolster relations with the region and drum up international support for his initiative for peace with North Korea.During the three-day visit to Singapore, Moon is scheduled to attend a trio of annual summits hosted by the Association of Southeast Asian Nations -- a Korea-ASEAN summit, an ASEAN Plus Three summit also involving China and Japan and th

• 

  Economy

  Severe headwinds greet Moon’s economic policymakers

  South Korea’s newly appointed economic policymakers -- in contrast to their predecessors who took office with high hopes upon the inauguration of the Moon Jae-in administration -- appear to be off to a rocky start, amid escalating concerns and disapproval of the government’s economic policy direction.For the time being, the newly appointed deputy prime minister for economy and presidential chief of staff for policy are expected to press ahead with Moon’s disputed economic policies.At the heart o

• 

  Foreign Policy

  S. Korea's unification minister to visit US to discuss North Korea issues

  South Korea's unification minister will visit the United States this week to discuss issues linked to North Korea and inter-Korean relations with top US officials and experts. Cho Myoung-gyon will embark on a five-day trip to the US on Tuesday during which he is also likely to meet Secretary of State Mike Pompeo.Unification Minister Cho Myoung-gyon (Yonhap)His trip to the US comes amid apparent friction between the allies over how to enforce global sanctions imposed on North Korea amid almost st

• 

  North Korea

  N. Korea running at least 13 undeclared missile operating bases: CSIS

  WASHINGTON -- North Korea has operated at least 13 undeclared missile sites across the nation, a potential blow to US President Donald Trump's assertion that his strategy on Pyongyang has effectively eliminated its military threats, a new study showed Monday.In a report, Beyond Parallel, a group at the Center for Strategic and International Studies, said it has located 13 out of an estimated 20 missile operating bases undeclared by its regime. (Yonhap)"These missile operating bases, which can be

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  Social affairs

  How Korean single women face disproportionate burden of caring for elderly parents

  When Jeon Eun-hee was in her 20s, her mother suffered a stroke. To care for her mother full time, she took a year off from university. She spent the rest of her 20s caring for her mother, without any help from her aunts and uncles.　Now 38, and never been married, Jeon is still the sole caregiver of her mother, who requires assistance with her activities.　“When she first had a stroke, she was no different from a 6- or 7-year-old,” Jeon said. 　“She was hospitalized for a year, and then had to visi

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  Foreign Policy

  S. Korean held captive in Libya for 4 months in good health: Foreign Ministry

  A South Korean who has been held captive by an unidentified armed group in Libya since July remains healthy, an official from the Foreign Ministry said Monday, amid the government’s ongoing efforts to secure his release. “(The Libyan government) confirmed that the South Korea national had been safely held captive in the southern part of Libya,” the official said on condition of anonymity. The South Korean national and three Filipinos were abducted from their work site in Jabal Hasouna in western

NEWSMAKER

• World News

  

  Stan Lee, creator of a galaxy of Marvel superheroes, dies

  LOS ANGELES (AP) — Stan Lee, the creative dynamo who revolutionized the comic book and helped make billions for Hollywood by introducing human frailties in Marvel superheroes such as Spider-Man, the Fantastic Four and the Incredible Hulk, died Monday. He was 95.Lee was declared dead at Cedars-Sinai Medical Center in Los Angeles, according to Kirk Schenck, an attorney for Lee’s daughter, J.C. Lee.(AP)As the top writer at Marvel Comics and later as its publisher, Lee was widely considered the arch

LATEST NEWS

• Today

  

  Foreign Policy

  Moon to leave for Singapore to take part in ASEAN summits

  President Moon Jae-in was to leave for Singapore Tuesday for annual summits with Southeast Asian nations and their dialogue partners as he strives to bolster relations with the region and drum up international support for his initiative for peace with North Korea.During the three-day visit to Singapore, Moon is scheduled to attend a trio of annual summits hosted by the Association of Southeast Asian Nations -- a Korea-ASEAN summit, an ASEAN Plus Three summit also involving China and Japan and th

• Today

  

  Industry

  Local Samsung Pay users up 58% on-year in October

  Samsung Electronics Co.'s payment tool, Samsung Pay, stood as South Korea's top transaction app in October, data showed Tuesday, with the number of Android-based users rising 58 percent on-year.According to the data compiled by industry tracker WiseApp, Samsung Pay was the most popular financial application for the month, with the number of users estimated at 10.4 million, up from 6.6 million posted last year. (Yonhap)The survey was based on research conducted on 23,000 users of Android-powered

• Today

  

  World News

  Stan Lee, creator of a galaxy of Marvel superheroes, dies

  LOS ANGELES (AP) — Stan Lee, the creative dynamo who revolutionized the comic book and helped make billions for Hollywood by introducing human frailties in Marvel superheroes such as Spider-Man, the Fantastic Four and the Incredible Hulk, died Monday. He was 95.Lee was declared dead at Cedars-Sinai Medical Center in Los Angeles, according to Kirk Schenck, an attorney for Lee’s daughter, J.C. Lee.(AP)As the top writer at Marvel Comics and later as its publisher, Lee was widely considered the arch

• Today

  

  Baseball

  Ryu Hyun-jin to stay with Dodgers for 1 more year after

  South Korean free agent pitcher Ryu Hyun-jin has accepted the qualifying offer from the Los Angeles Dodgers, opting to stay with the club for one more year after six seasons together instead of testing the open market.The Major League Baseball Players Association said Monday (local time) that Ryu decided to accept the one-year offer worth US$17.9 million -- the mean salary of the 125 highest-paid players. The deadline to accept or reject the offer fell at 5 p.m. (Yonhap)(Eastern Standard Time) M

• Today

  

  Baseball

  Korean Series MVP flaunts flair for dramatic

  SK Wyverns' slugger Han Dong-min surely has a flair for the dramatic, and he put it on full display on Monday to lift his Korea Baseball Organization club to the 2018 Korean Series championship.Han belted a go-ahead solo homer in the top of the 13th inning for the Wyverns' 5-4 victory over the Doosan Bears in Game 6 of the series at Jamsil Stadium in Seoul. (Yonhap)Han was voted the MVP of the series for his effort. Though he only batted 4-for-21, two of the four hits were home runs and he knock

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SPOTLIGHT

• Television

  

  YouTube creator Banzz announces engagement via Instagram

  YouTube creator Banzz on Saturday dropped a surprise announcement via Instagram that is set to be married next year. “I will be married next year!” Banzz said, uploading a selfie with his now fiancee to his official Instagram account. “We haven’t fixed the date yet, but will tell you guys later. I feel a lot better now!” He added. (Banzz`s Instagram)Banzz, one of the most popular broadcasters in Korea, is popular for his regular meokbang, or eating shows, held regularly via his YouTube channel.

• 

  Theater

  'Love Story’: Making North Korea relatable

  Director Lee Kyung-sung’s “Love Story” is a play that is faithful to the theater’s fundamental function: imagination.“Love Story” follows on the heels of Lee’s 2017 work “Walking Holiday,” inspired by a walking tour of the Demilitarized Zone, which highlighted the reality of the divided Korean Peninsula.“Love Story,” however, is different as it provides a look at the physically unreachable land beyond the border. Actor Woo Bum-jin, actress Sung Soo-yeon and actor Na Kyung-min perform in “Love St

• 

  Social affairs

  More public transportation on Thursday to cope with Suneung traffic

  Seoul Metropolitan City will increase the number of subway cars and buses Thursday, as well as put more taxis on the road and dispatch 790 emergency transportation vehicles to facilitate smooth traffic on the morning of the Suneung exam. Suneung is South Korea’s annual college entrance exam that many still believe determine the course of one’s life. This year’s Suneung falls on Thursday, as parents of students taking the exam this year have already started morning prayers at temples and churches

• 

  Social affairs

  More Korean men in 30s prone to chronic health conditions

  More Korean men in their 30s are becoming vulnerable to chronic health conditions and obesity, a newly released government report showed on Monday.　The annual report, released by the Ministry of Health and Welfare, showed that the proportion of Korean men in their 30s who have developed obesity increased to 46.7 percent last year, from 45.4 percent the year before. 　However, the proportion of all obese Korean men dropped by 0.7 percentage points to 34.1 percent from 34.8 percent.(123RF)　The repo

GRAPHIC NEWS

• 

EDITORIAL

• First step

  Liberty Korea Party should expedite reforms

• Go with market

  No point reshuffling economic policymakers without policy switch

VIEWPOINTS

THE INVESTOR

• 

  Finance

  NongHyup, IBK CEOs to brief NY authorities on anti-money laundering efforts

  The heads of NH Nonghyup Bank and Industrial Bank of Korea are heading to New York to brief financial authorities on the steps they have taken to curb money laundering, industry sources said on Nov. 12. “The New York State Department of Financial Service is believed to have recently completed its inspection of some domestic banks. Before the results are announced, NongHyup Bank CEO Lee Dae-hoon and IBK CEO Kim Do-jin will have a chance to brief the authorities on steps they have t

• 

  Startups & Investors

  The Investor’s Choice 2018 names Yanolja, Memebox, Toss, Blocko, Fastfive as ‘most innovative’ startups

  The Investor’s Choice 2018 award ceremony will be held on Nov. 28 in Seoul to celebrate startups that have demonstrated the highest level of innovation this year. Hosted by The Investor, a leading investment news platform launched by Herald Corp., the inaugural event brings some of the world’s most influential entrepreneurs, business leaders, accredited investors and startups to Yeong Bin Gwan at The Shilla Seoul. After a competitive round of evaluation, a panel of judges selected

K-POP HERALD

• 

  BTS wins big at People’s Choice Awards

• 

  Lovelyz’s 4th anniversary with fans

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  EXID teases reunion as five

HERALD INTERVIEW

• Diplomatic Circuit

  

  Tapping Korean experience to tackle world’s development challenges

  “Because our development experience is more recent than those of European countries and the United States, I think many developing countries feel it is more relevant and compelling to them.”

• 

  Technology

  Meet 'Faker': Korean League of Legends talent extraordinaire

  Pro gamer Lee Sang-hyeok talks about fame, future of esports and public perceptions toward gaming

• 

  Diplomatic Circuit

  Combining humanitarian, development aid key to sustainable rehabilitation: Turkish envoy

  Since the Syrian Civil War broke out in 2011 as part of the Arab Spring uprising, Turkey has welcomed more than 3.5 million Syrian refugees, offering shelter, food, health care and education. As a result Turkey was the world’s largest humanitarian aid donor last year in terms of the ratio of official humanitarian assistance to national income at 0.85 percent. Ankara’s foreign policy prioritizing humanitarian assistance needs more international recognition and support, the top Turkish envoy to Ko

PHOTO NEWS

• Culture

  

  As night falls, Korea’s ancient beauty comes to life at Deoksugung

  Deoksugung Palace, Seoul (Park Hyun-koo/The Korea Herald)As dusk turns to darkness, the palace of Deoksugung in the heart of Seoul is illuminated by vivid lights and silhouettes. Visitors revel in the venue’s magnetic optics created by palace buildings from the Joseon Dynasty (1392-1897), including forested gardens, fountains and neoclassical structures. Deoksugung’s main structures are its principle hall Junghwajeon, two-story building Seokeodang, reception room Jeonggwanheon and Hamnyeongjeon,

VIDEO

• Television

  

  K-pop stars rock red carpet looks at 2018 MGA

  (Video shot and edited by Park Ju-young/The Korea Herald)K-pop stars descended on the red carpet at the 2018 MGA on Tuesday night, a music awards show jointly held by MBC Plus and Genie Music at Incheon’s Namdong Gymnasium.Members of the girl group (G)I-DLE cut chic figures in black outfits and matching boots.(G)I-DLE. (Park Hyun-koo/The Korea Herald)The six-piece group, consisting of Miyeon, Minnie, Soojin, Soyeon, Yuqi and Shuhua, was the first to arrive on the scene. The artists were greeted

MOST POPULAR

• Mamamoo fans to boycott December concert
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• BTS ‘T-shirt controversy’ prickles decadeslong Korea-Japan tensions
• Ruling, opposition parties take stance on recent ‘T-shirt controversy’ surrounding BTS

FEATURES

• 

  Economy

  Planned profit-sharing scheme causes controversy

  Controversy is intensifying over a move by the government and ruling party to encourage large corporations to share profits with their subcontractors and suppliers.Government policymakers and lawmakers from the Democratic Party of Korea last week agreed to work together to introduce what is called the cooperative profit-sharing system. The controversial scheme is to be put into practice as early as February, if a law designed to provide incentives to participating companies is enacted within the

• 

  Politics

  Internal dispute over right-wing lawyer stirs up trouble for Liberty Korea Party

  The main opposition Liberty Korea Party continues to struggle to maintain its foothold as the country’s major conservative party, following a dispute over personnel reform. The interim chief of the conservative party, Kim Byong-joon, apologized Monday for friction caused by a former member of its reform committee who was recently dismissed. Interim chief of Liberty Korea Party, Kim Byong-joon (center), speaks at a party meeting at the party's headquarter in Seoul on Monday. (Yonhap)“I apologize

• 

  Industry

  LG Chem to develop cancer immunotherapy candidates with Cue Biopharma

  LG Chem, a chemicals and life sciences company under South Korea’s LG Group, said Monday that it will start developing new cancer immunotherapy candidates licensed in from US-based Cue Biopharma.The two companies have entered a strategic collaboration agreement to co-develop three cancer immunotherapy candidates developed by Cue Biopharma, which are currently in the pre-clinical trial stage. The collaboration provides LG Chem’s life sciences division with the rights to develop and commercialize

• 

  Social affairs

  Death of young soldier calls for tougher punishments for drunk driving

  The Korean Service Corps Battalion held a send-off ceremony Sunday for a 22-year-old soldier who fell victim to a drunk driver last month. After the incident, the government is moving to toughen punishment against drunk driving.Yoon Chang-ho, a 22-year-old soldier of the Korean Augmentation Troops to the United States Army, was with a friend when they were hit by a drunk driver in Busan on Sept. 25, during the Chuseok holiday leave period.(Yonhap)The driver, surnamed Park, was intoxicated with a

WEEKENDER

• Food

  

  Artistry of fermented seafood

  Jeotgal, or salt-fermented seafood, continues to be loved Next time you are in Seoul, pay a visit to the heart of the city. Take a gander at Dongdaemun Gate, and tumble onto Jongno 5-ga, where you will stumble across the vibrant Gwangjang Market filled with merchants welcoming regulars, hagglers seeking to put a little more into their bags, and the pungent smell of a mixture of dishes floating in the air.Enter the South 1st Gate into the food zone, and you will find stalls with colorful delicaci