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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Editorial

Sun, February 5, 2023 | 15:43

Vicious online sex crimes

The police have launched an investigation into an online sexual crime in which the perpetrators produced and distributed materials sexually exploiting minors on messenger app Telegram. Besides the prime suspect, identified as “L,” at least eight individuals joined the crime as accomplices, and more than 350 sexual exploitation videos and photos have been confirmed.

2022-09-04 16:05

BTS military duty in dispute

The Ministry of National Defense has taken flak for having rekindled a dispute over the possible military service exemption for K-pop superstar group BTS. On Wednesday, Minister Lee Jong-sup told lawmakers he has ordered officials to carry out a public survey to help determine whether to apply such special treatment to the boy band.

Shim Jae-yun2022-09-02 17:09

Soaring trade deficit

South Korea has posted a snowballing trade deficit, dealing a severe blow to the export-oriented economy. The shortfall reached $9.47 billion last month, the largest amount since the country began compiling trade data in 1956, according to the Ministry of Trade, Industry and Energy on Thursday.

Park Yoon-bae2022-09-01 16:48

Pitiable investment loss

The National Pension Service said it posted an 8 percent investment loss for the first half of this year. The six-month loss totaled 76.7 trillion won ($57 billion), a sum sufficient to give pensions to all the recipients for about two and a half years. The state pension fund attributed its poor investment returns to plunging stock markets at home and abroad due to global mon...

2022-09-01 16:45

Verdict on Lone Star case

An international tribune has ordered South Korea to pay $216.5 million to the Texas-based private equity firm Lone Star Funds, virtually putting an end to the decade-long legal battle. The International Centre for Settlement of Investment Disputes (ICSID) announced its decision in an investment-state dispute, according to the Justice Ministry on Tuesday. However, the ministry...

Shim Jae-yun2022-08-31 17:29

Belated but welcome ruling

The Supreme Court acknowledged the state's liability to compensate victims of an autocratic presidential decree enforced in the 1970s in its ruling Tuesday. The top court made the ruling in a lawsuit filed against the state by 71 people who served prison terms for violating Presidential Emergency Decree No. 9 during the regime of Park Chung-hee, and their bereaved families.

2022-08-31 16:33

Focus on fiscal health

The Yoon Suk-yeol administration's 2023 budget plan marks a shift to fiscal austerity from the previous government's fiscal expansion. The change is a step in the right direction as the country shifted to a belt-tightening mode to cope with runaway inflation, the weakening local currency against the U.S. dollar, and higher interest rates.

Park Yoon-bae2022-08-30 17:11

Birthrate continues to fall

Korea's total fertility rate fell to a record low last year, Statistics Korea reported last week. The average number of children a Korean woman bears in her lifetime stood at a mere 0.81, further down from 0.84 the previous year. The number of newborns also remained at 260,600, less than half of 560,000 two decades ago. Korea is the only nation with a birthrate below 1.0 amon...

2022-08-30 16:56

Rebuild opposition party

Rep. Lee Jae-myung has become the chairman of the main opposition Democratic Party of Korea (DPK) by winning 77.7 percent of the votes during the party's national convention held at the Olympic Gymnastics Arena in southeastern Seoul, Sunday.

Shim Jae-yun2022-08-29 17:00

Deaths of mother, 2 daughters

The tragic deaths of a poverty-stricken mother and two daughters in Suwon, south of Seoul, have sent shock waves through the country yet again. The 60-something mother and her two daughters in their 40s were found dead in their small home, Aug. 21, in what appeared to be suicide owing to illness and financial difficulties. Police said the mother was fighting cancer, while the...

2022-08-29 16:45

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1	Teens feel peer pressure to buy luxury goods endorsed by K-pop stars

2	Itaewon tragedy's bereaved families harassed by far-right protesters

3	Discussions on raising age for free subway rides gain momentum

4	Too many emergency text alerts? Gov't to halt daily COVID-19 notifications

5	Plan to construct new memorial center for ex-president faces backlash

6	First lady expands presence in domestic politics

7	FSC OKs Apple Pay to be available in Korea

8	Naver to roll out conversational AI service

9	Able C&C sale attracts dozens of potential buyers

10	US reaffirms nuclear security assurances to South Korea

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