Today’s top stories in the morning papers in Korea (August 4, 2016)

Round-up: Today’s top stories in the morning papers in Korea (August 4, 2016)


1. Experts warn that Park Geun-hye Administration’s THAAD deployment could lead to China’s economic retaliation and North Korea’s nuclear experiment. The problem is that the South Korean is incompetent in handling the situation when these issues occur.

Do we have to demonstrate against these matters in front of the Chinese embassy, not to mention North Korea?


2.Most overseas offices of Financial Supervisory Service, using operating costs of 7 billion won a year in South Korea submit industry reports of newspaper clipping level to the headquarters in Seoul. Some point out that this report is the matter of moral hazard as the service provides exceptional supports including private school tuition for sojourning employees’ children.

I am the one who is good at generating newspaper clips. Please send me overseas. Hehe.


3.South Korea’s import car market fluctuates as Audi Volkswagen Korea was kicked out of Korea. Mercedez Benz and BMW try to take firm hold in the market while Korean automakers hold large-scale price discount promotional events.

This reminds me of the Saenuri Party’s phrase, ‘One jab could knock you out.’

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