Most Popular
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Harris and Trump spar over Kim Jong-un, alliances
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Unseasonably hot weather continues; Seoul hit by latest tropical night on record
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US ups pressure on Korea to join China chip curbs
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N. Korea fires multiple short-range ballistic missiles toward East Sea
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Celltrion Remsima SC hits record share in Australia in Q1
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Foreign investors dump Seoul shares
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[Graphic News] Fruit leads as top Chuseok gift choice
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Yoon touts S. Korea as cybersecurity drill hub
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Hit with lifetime ban, football player Son Jun-ho claims innocence, says China forced him to admit fake charges
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Spectacle of street, aerial wonders awaits at Seoul Street Arts Festival
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Learning to communicate from advertising
Effective communication is essential in all parts of today’s society, whether political, economic, social or cultural. For example, one of the most important skills that national leaders need is the ability to communicate their ideas and visions with the public, while inside companies, communication skills are considered the second most important quality for management after insight.Yet many people still say communicating with others is difficult. Communication problems are blamed for conflicts
Oct. 9, 2012
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Some feel cheated by pricey matchmakers
Some professional matchmaking companies lack personnel and servicesAge: 35. Gender: male. Occupation: working for a sales department at a pharmaceutical firm. Goal: to get married. Soon.Kim Dae-jin (alias) thought he was all set to tie the knot when he gave out his personal information to sign up at Gayeon, one of the better-known matchmaking companies in Korea, next to Duo.He had been skeptical going into the deal, but his matching manager in charge of his blind dates persuaded him otherwise. K
IndustryOct. 9, 2012
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Inje Univ. professor wins BMW’s academic award
BMW Korea said Monday that it has named Bae Jin-young, professor of management and international trade at Inje University, as the winner of the 2012 BMW Academic Award for his critical insight into the current global financial crisis. The Korean unit of the German carmaker, together with Korean-German Academy of Economics and Management, has offered the award since 1999 with an aim to accelerate academic exchanges between the two countries. In his recent academic paper, Bae offered a deep analys
IndustryOct. 9, 2012
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Study: Learning a language changes brain
(MCT)LUND, Sweden (UPI) -- Intensive learning of a new language can make certain areas of the brain increase in size, Swedish researchers say.Scientists studied young recruits at the Swedish Armed Forces Interpreter Academy who learned a new language at a very fast pace, going from having no knowledge of a language such as Arabic, Russian or Dari to speaking it fluently in the space of 13 months.M
TechnologyOct. 9, 2012
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Warcraft playing candidate under fire
Maine Republicans are criticizing a Democratic state Senate candidate for her “disturbing alter ego” in online game ‘World of Warcraft.’The Maine Republican party has created a website, collensworld.com, to compile comments Democratic candidate Colleen Lachowicz, 48, has made while playing or writing about the online game, the New York Daily News reported Monday.“So I‘m a level 68 orc rogue girl. That means I stab things ... a lot. Who would have thought that a peace-lovin’, social worker and de
TechnologyOct. 9, 2012
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Florida man eats bugs, dies
DEERFIELD BEACH, Fla. (UPI) -- A 32-year-old Florida man ate dozens of cockroaches and worms to win a contest and then he died, authorities said.Edward Archbold of West Palm Beach went outside after winning the contest at the Ben Siegal Reptile Store in Deerfield Beach Friday and collapsed. He was taken to a hospital where he was pronounced dead, The Miami Herald reported.An autopsy was to be perf
TechnologyOct. 9, 2012
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Prehistoric spider attack frozen in time
U.S. researchers have found what they say is the only fossil ever discovered of a spider attacking prey caught in its web, a 100 million-year-old “snapshot.”In an engagement frozen in time, the extraordinarily rare fossils of the spider and its prey, a wasp, are entombed in a piece of amber, Oregon State University reported Monday.“This juvenile spider was going to make a meal out of a tiny parasitic wasp, but never quite got to it,” said OSU zoology Professor George Poinar Jr., a world expert o
TechnologyOct. 9, 2012
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IMF cuts 2012 growth estimate for S. Korea to 2.7 percent
Less than three weeks after cutting South Korea's growth estimate for this year, the International Monetary Fund (IMF) on Monday provided a gloomier outlook for Asia's fourth-largest economy amid uncertainties in the eurozone and U.S. economies.South Korea is projected to record only 2.7 percent in economic growth this year, the IMF said in a new report on the global economy. Based on annual consu
Oct. 9, 2012
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Glass ceiling still thick in public sector
The glass ceiling most certainly exists in corporate Korea, particularly in the financial sector, recent figures showed.Out of 61 registered executives at the nation’s 10 publicly run financial companies, director Roh Jeong-ran of the Korea Asset Management Corp. was singled out as the only woman, according to a government-run data system on publicly-operated firms on Monday. Further, since 2008, these 10 companies had hired 356 female executives, just one-quarter of the total. In comparison, th
Oct. 8, 2012
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Beware Chinese-made counterfeit golf clubs
Chinese-made imitation golf clubs were found being sold illegally on the Internet at up to eight times the original price, the Seoul Main Customs office said on Monday.The office said the clubs ― originally priced at 20,000 won ($18) each ― were being sold for 170,000 won in Korea after they were disguised as clubs manufactured in Japan or the United States. Up to 6.1 billion won worth of clubs were sold this way, officials said. Most of these products were sold by online retailers. One of the c
IndustryOct. 8, 2012
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First cancer cluster identified
Health officials declared Jindo, South Jeolla Province, the country’s first “cancer cluster” on Monday as residents showed abnormally high rates of liver cancer.A cancer cluster refers to a specific geographic area that has a greater-than-expected number of cancer cases.By conducting an in-depth epidemiological investigation last year, the Korea Centers for Disease Control and Prevention identified the island as an area of increased liver cancer risk. Health officials also found that hepatitis C
TechnologyOct. 8, 2012
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Measures urged over misuse of propofol
Lawmakers on Monday called for steps to block the misuse of propofol, a psychotropic drug, amid rising concerns over health risks.They claim some hospitals have been wrongly overprescribing the anesthetic drug to patients who claimed to have sleep disorders. But there are no legal grounds to stop it, said Rep. Shin Eui-jin of the ruling Saenuri Party at a parliamentary audit session. Propofol is a drug commonly used as an anesthetic for surgeries. The lawmaker, citing a report by the Health Insu
TechnologyOct. 8, 2012
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Shares down 0.67% on eurozone concerns
South Korean stocks closed 0.67 percent lower on Monday as investor sentiment remained chilled amid uncertainties over Spain’s bailout and dashed hopes for the upcoming earnings season, analysts said Monday. The local currency slipped against the U.S. dollar.The benchmark Korea Composite Stock Price Index lost 13.28 points to 1,981.89. Trading volume was moderate at 499.4 million shares worth 4.49 trillion won ($4.04 billion), with decliners outnumbering gainers 533 to 300.“Uncertainties over Sp
Oct. 8, 2012
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KT&G releases coffee-flavored Raison
KT&G said it will release the Raison Cafe 1mg, flavored with the aroma of coffee, on Oct. 10.“The product is a milder one with lower containment tar from the Raison Cafe which contains 6 milligrams of tar, which was unveiled in July,” said the nation’s largest tobacco firm.A KT&G spokesman said the coffee-scented product delivers the rich scent of hazelnut coffee with ground coffee beans in the filter. “We spent four years of research and development coming up with a technology that can directly
IndustryOct. 8, 2012
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Korea picked to host 2018 IEC meeting
The Korean Agency for Technology and Standards said Monday that it has won the bid to host the 2018 general meeting of the International Electrotechnical Commission to Korea. The decision was made at the 2012 IEC general meeting, which was held in Oslo, Norway, between Oct. 1-5.The IEC, headquartered in Geneva, Switzerland, is a world-leading non-profit organization that prepares and publishes international standards for electrical, electronic and related technologies. The general meeting conven
Oct. 8, 2012
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Galaxy Note 10.1 tops Consumer Reports review
Samsung Electronics Co.’s Galaxy Note 10.1 tablet has been picked as one of the best tablet computers along with rival Apple Inc.’s new iPad, a review by a U.S. magazine showed Monday.The 10.1-inch tablet scored 83 points out of a 100-point scale, getting the highest points among tablet computers with 9- to 12-inch displays that only support WiFi access, according to the review by Consumer Reports.The Galaxy Note 10.1, which is an upgraded version of the Galaxy Tab 10.1 and comes with a electron
Oct. 8, 2012
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Imported car sales jump 20.6% in September
Sales of foreign-made vehicles in South Korea jumped 20.6 percent in September on-year to reach a record high, fueled by sales promotions and a steady demand for premium models, a trade association said Monday.A total of 12,123 imported vehicles were sold here last month, exceeding the 12,000-level for the first time since foreign cars first made inroads into the South Korean market in 1987, according to the Korea Automobile Importers and Distributors Association. The figure also represents a 14
MobilityOct. 8, 2012
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Top 30 conglomerates’ debts near 1,000tr won
South Korea’s top 30 conglomerates’ debts stood at nearly 1,000 trillion won ($900 billion) as they increased their borrowings in recent years to expand their businesses and to secure cash amid the economic slowdown, an online business data provider said Monday.The debts stood at 994. 2 trillion won last year, up 28. 7 percent or 221.9 trillion won from 2009, according to Chaebol.com, which closely monitors developments of the country’s conglomerates known as chaebol.The business data provider a
Oct. 8, 2012
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Mahindra chief hints at rehiring Ssangyong workers within year
Mahindra and Mahindra Ltd. president Pawan Goenka, during a parliamentary hearing here on Monday, hinted that the company could start hiring back Ssangyong Motor workers on unpaid leave within the year.The rare appearance of a foreign executive at the nation’s audit session came amid still escalating tensions between Ssangyong and fired workers since a large-scale restructuring in 2009 before the carmaker was acquired by the Indian company. The Mahindra president said the company was considering
IndustryOct. 8, 2012
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Samsung mum on stake in Renault unit
Group yet to clarify if it will keep stake in Renault SamsungSamsung Group has yet to reveal whether it will maintain its automobile brand partnership with Renault Group, while the French automaker dismissed the possibility that Samsung may dispose of its stake in Renault Samsung Motors.Should Samsung Card, a financial unit of the nation’s largest conglomerate, choose to sell off its 19.9 percent stake in Renault Samsung amid lackluster sales, the auto brand name would also change. Currently, Re
IndustryOct. 8, 2012