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Tue, April 24, 2018 | 11:35

Opinion > Editorial >

Currency deal row

The just concluded renegotiations of the Korea-U.S. free trade agreement have sparked controversy over a U.S. move to link a foreign exchange issue to the KORUS FTA. The controversy arose Wednesday when a White House official said a revised trade deal would include a “side deal” prohibiting both countries from deliberately devaluing their currencies for trade advantages.

Editorial | 2018-03-30 16:55

Transparent structure

Hyundai Motor Group has streamlined its governance structure by severing all cross-shareholding links among its affiliates. The group said Wednesday it would turn Hyundai Mobis into the auto conglomerate's uppermost controlling company by splitting off its module manufacturing and after-sales service parts business and merging it with logistics firm Hyundai Glovis “The move will terminate the circular shareholding structure among subsidiaries,” it said.

Editorial | 2018-03-30 15:50

The prosecution released Wednesday the outcome of its investigation into former President Park Geun-hye's actions on the day of the ferry Sewol sinking on April 16, 2014.

Editorial | 2018-03-29 17:04

National income of $30,000

Korea's gross national income (GNI) approached $30,000 per person in 2017 and is sure to hit the landmark this year. According to the Bank of Korea, Wednesday, the per capita income stood at about 33.63 million won ($29,745) last year, up 7.5 percent from 2016. The growth rate was the steepest since 2011 when a similar increase measured 9.6 percent.

Editorial | 2018-03-29 16:30

Kim's diplomatic offensive

North Korean leader Kim Jong-un's surprise visit to China this week was apparently aimed at mending frayed bilateral ties right before he meets with South Korean President Moon Jae-in next month and U.S. President Donald Trump in May. The visit will no doubt help Kim boost his bargaining power during the upcoming denuclearization talks.

Editorial | 2018-03-28 16:50

Urban regeneration

The government has unveiled an ambitious plan to create jobs for young people by promoting various projects to encourage their startups and upgrade decrepit residential environments in the centers of about 250 towns across the nation simultaneously.

Editorial | 2018-03-28 16:14

Balance of interests

Korea and the United States have concluded the renegotiation of their six-year-old free trade agreement (FTA) far swifter than expected.

Editorial | 2018-03-27 18:56

MB's noncooperation

The jailed former President Lee Myung-bak, who served from 2008 to 2013, is refusing to answer prosecutors' questions on various charges, including bribery.

Editorial | 2018-03-27 16:53

No further delay

The ball is now in the court of the National Assembly after President Moon Jae-in signed a government-proposed constitutional revision bill and sent it to parliament Monday. This means Moon has officially embarked on the process of rewriting the Constitution to enhance people's basic rights, limit presidential power and promote decentralization.

Editorial | 2018-03-26 16:50

Fight against fine dust

Fine dust has blanketed the entire nation over the weekend and is forecast to continue to obscure the view in the coming days, threatening public health and humiliating hitherto stopgap measures taken by the Ministry of Environment and local governments.

Editorial | 2018-03-26 16:11

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Missile attack on Syria