General

(EDITORIAL from Korea JoongAng Daily on July 10)

A strike hit Samsung Electronics for the first time since its foundation in 1969. The National Samsung Electronics Union, the largest labor union in Korea, started a three-day general strike from Monday. The union demands a “rational wage increase” a…

Bears sign Japanese pitcher Shirakawa to temporary contract

The Doosan bears announced Wednesday they have signed Japanese pitcher Keisho Shirakawa as a temporary replacement for injured starter Brandon Waddell.

The Bears said Shirakawa agreed to a deal worth 4 million yen (US$24,755).

The Bears are Shiraka…

Lee Jae-myung announces bid for 2nd term as DP chief

Rep. Lee Jae-myung, former leader of the main opposition Democratic Party (DP), declared his bid on Wednesday for a second term as the party leader in the elections slated for next month.

“I will sacrifice everything I have to change ‘today’s despai…

Kidnapped 3-year-old girl found safe

Nakhon Phanom, ‘Nong Ung Ing’, 3 years old, was found safe after being kidnapped from a school in Kalasin Province by her mother’s new boyfriend to Tha Uthen District, Nakhon Phanom Province. She confessed that she did not intend to hurt her sister, …

(EDITORIAL from Korea Herald on July 10)

South Korea’s household loans surged at an embarrassing pace last week, ringing alarm bells for financial authorities over local home buyers rushing to take out mortgage loans from banks, often beyond their repayment capacity, in a bid to ride a reco…