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Finance ministry not considering revising down growth forecast The government will draw up measures to help Samsung Electronics, SK hynix, and small- and medium-sized enterprises (SME) boost their non-memory chip businesses, Finance Minister Hong Namki said Monday. Korean companies are the top manufacturers of memory semiconductors, but their competitiveness in non-memory chip..

Kim Jong-un should not try to weaken only sanctions North Korean leader Kim Jongun is expected to visit Russia in late April to have a summit with President Vladimir Putin as reported by the Russian news agency TASS on Thursday. Moscow and Pyongyang has yet to reveal when and where the summit will be held possibly for security reasons. TASS quoted Kremlin spokesman Dmitry Pesk..

Policymakers should do more to stimulate economy The Moon Jaein administration's third supplementary budget plan is aimed at tackling the worsening fine dust problem and giving a boost to the slumping economy. For this, the government proposed 6.7 trillion won ($5.8 billion) in extra spending Wednesday. It will submit the bill to the National Assembly the next day. However, th..

Samsung should use incident to turn misfortune into blessing Samsung Electronics has decided to postpone the release of its Galaxy Fold smartphone in the United States. The decision will likely cause a backlash, as it came only three days before the scheduled launch of what Samsung had advertised as the world's first "foldable phone." Still, it was just as well that Samsung ha..

K-pop boy band BTS has scored its third No. 1 on spot the main Billboard 200 album chart, becoming the first group since the Beatles to earn three top spots in less than a year, Billboard said. "Map of the Soul: Persona," BTS' latest seven-track album released April 12, debuted an top of the Billboard 200 for the week of April 27, the music magazine's website said Sunday (U.S...

Korean boy band tops charts in US, UK, Japan Boy band BTS is hitting new heights day after day to the delight of audiences within and outside Korea. After sweeping major charts in the U.S. and U.K., the K-pop sensation conquered the Oricon chart in Japan, Wednesday, with its new album "Map of the Soul: Persona." It marks the third time for the Korean boy band to reach the pinn..

Police should confirm medical malpractice allegation It is hard to believe one of the nation's leading hospitals allegedly covered up the death of a premature baby, who reportedly died of a skull fracture after a resident slipped and dropped the infant on the floor in August 2016. More surprising is the allegation that the CHA Bundang Medical Center told the parents their baby..

How could large companies seek profits by ruining people's health? It is deplorable indeed that some affiliates of the nation's leading conglomerates, including SK, LG and Hanwha groups, have shown miserable ethics in running businesses that directly affect people's health. That these companies have been making money at the expense of the public's health goes beyond the discus..

Government should prevent fall of national credibility The Jeju provincial government has revoked the business license of a Chinese-owned medical institution, dashing the hopes for the nation's first for-profit hospital. "The Greenland International Medical Center failed to open without justifiable reasons after three months had passed since it won conditional approval for lau..

Chaebol owners not free from responsibility for mismanagement Kumho Asiana Group is about to sell off Asiana Airlines, the smaller of Korea's two national flag carriers after Korean Air. The cash-strapped conglomerate said Monday its board of directors held a meeting and decided to put the group's flagship and core asset up for sale. If Kumho's creditors approve the self-rescu..