Most Popular
-
1
AI textbook bubble could burst, expert warns
-
2
Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
-
3
Samsung tightens its belt amid crisis winds
-
4
Ex-presidential official’s leaked phone call rattles conservative bloc
-
5
North Korean trash balloons cross border day after Seoul military parade
-
6
Pay debate plagues foreign nanny pilot
-
7
Prosecution closes 'Dior bag' case amid opposition uproar
-
8
Man escapes DUI charges by downing bottle of soju while pulled over
-
9
K-pop star lip-syncing controversy flares up again
-
10
35% of S. Koreans view unification 'unnecessary'
-
Samsung, Hyundai, Kia among top 100 global brands
Three South Korean brands from the nation’s top two conglomerates -- Samsung Group and Hyundai Motor Group – have been placed in this year’s list of the top 100 global brands compiled by Interbrand, a global branding consulting group. Samsung Electronics, the world’s largest smartphone-maker, held onto its No. 7 spot. Its brand value also remained unchanged for the second consecutive year to reach at $45.5 billion (53.3 trillion). Hyundai Motor and its sister company Kia Motors were placed 39t
BusinessOct. 5, 2015
-
Seoul subway server allegedly hacked by N.K.
The computer server of one of Seoul City’s subway operators was found to have been hacked last year, allegedly by North Korea, though little damage has been confirmed, officials said Monday. According to Saenuri Party Rep. Ha Tae-keung quoting the National Intelligence Service’s report, two servers in charge of managing the PCs of Seoul Metro were hacked in July last year, allowing unauthorized access to 213 company computers. Of them, 58 were found have to been infected with a malicious code, r
Social AffairsOct. 5, 2015
-
Seoul to get tough on slobby cab drivers
Seoul City will be stepping up its monitoring of cab driver’s attire as part of its efforts to improve taxi service quality, officials said Monday. The Seoul Metropolitan Government said it plans to crack down on cab drivers who wear sleeveless shirts, short pants, sportswear, slippers or hats that cover the face. Under the current transportation rules, drivers must wear “decent” outfits or the attire designated by taxi companies. Seoul City had initially designated cab driver’s recommended atti
Social AffairsOct. 5, 2015
-
Lawmakers seek rules to prevent emission test fraud
In a backlash against Volkswagen’s emissions-rigging scandal, politicians here are seeking to impose heavier fines on any fabrication in the automobile accreditation processes. Rep. Lee Seok-hyun of the major opposition New Politics Alliance for Democracy on Monday said he would submit a proposal, dubbed the “Volkswagen bill,” that raises the ceiling of fines imposed on automakers who use fraudulent emissions, fuel-economy or safety test results. “The current regulation does not reflect the mark
IndustryOct. 5, 2015
-
Schneider Electric Korea’s head to oversee Mongolia
Schneider Electric Korea CEO Kim Kyung-rogSchneider Electric Korea said Monday that its CEO Kim Kyung-rog has been given the additional responsibility of overseeing Mongolian operations of the company.Kim’s expanded duty will enable Schneider Electric to support Korean firms’ operations in Mongolia in energy development as well as power plants, railways, buildings and other social infrastructure projects. The France-based company established its Mongolian branch in 2013, focusing on the informat
IndustryOct. 5, 2015
-
Yoo Ah-in wants to act ‘erotic’
Rising actor Yoo Ah-in wants to act in an erotic film next, he said at the Busan International Film festival Saturday. "I know the fame I’m enjoying right now won’t last forever,” he said, referring to movies “Veteran” and “The Throne,” his recent consecutive box office hits that garnered millions of viewers. Yoo Ah-in (Instagram)“Veteran,” a crime-action flick released in August, toppled the cumulative sales record of Hollywood movie “Avatar” and took the place of third best-selling film in Ko
Oct. 5, 2015
-
Samsung companies seek relocation under succession plan
Samsung Group is gearing up to relocate key affiliates as part of its business restructuring that has continued for its crucial leadership transition to a new generation.The nation’s largest conglomerate has gathered its key affiliates into its fancy headquarters complex, consisting of three sky-scrapers, in Seocho-dong, Seoul, since 2008. According to industry sources Monday, Samsung Electronics, the group’s crown jewel, is considering moving its marketing and planning divisions to Suwon, Gyeo
TechnologyOct. 5, 2015
-
[Editorial] Bad school lunches
Tampering with school meals to make profit should be dealt with in the strongest possible way as it puts the health of the country’s youngsters at risk. A middle school and high school in Seoul were found to have rigged the books to make illicit profits for the schools’ foundation in a special audit conducted by the Seoul Metropolitan Office of Education. The office was acting on a tipoff from a whistle-blower. The school foundation was ingenious in cheating the students. After purchasing 10 can
EditorialOct. 5, 2015
-
[Editorial] Gun safety
Saturday’s incident in Busan involving a gun theft from an indoor shooting range has raised alarms concerning gun safety in a country where guns are strictly controlled. A 29-year-old man was arrested on suspicion of stabbing the owner of an indoor shooting range and fleeing with a 0.45 caliber handgun and 19 bullets. He was caught after a four-hour manhunt involving police, police dogs and a SWAT team. Fearing that the man would commit further crimes, such as taking hostages, police immediatel
EditorialOct. 5, 2015
-
[Christine M. Flowers] Pope not the dreamboat liberals fell in love with
I never really appreciated the whole online dating scene. The closest I ever got was filling out the free online profile, answering the questions as vaguely as possible and then waiting as the “we’re almost finished uploading your page” message kept blinking, along with a desperate request for a photo because, as the company kindly counseled, “your chances will be much greater” — which translated as “Seriously, cow, do you think anyone is going to buy your milk sight unseen?” When I saw what was
ViewpointsOct. 5, 2015
-
[Joseph E. Stiglitz and Adam S. Hersh] Trans-Pacific free-trade charade
NEW YORK — As negotiators and ministers from the United States and 11 other Pacific Rim countries meet in Atlanta in an effort to finalize the details of the sweeping new Trans-Pacific Partnership, some sober analysis is warranted. The biggest regional trade and investment agreement in history is not what it seems.Joseph E. Stiglitz (left) and Adam S. HershYou will hear much about the importance of the TPP for “free trade.” The reality is that this is an agreement to manage its members’ trade an
ViewpointsOct. 5, 2015
-
Korean fried chicken places outnumber world’s McDonald’s
The number of fried chicken places in Korea has increased to outnumber McDonald’s outlets worldwide, data showed Monday.According to Statistics Korea, there were 22,529 franchise-based fried chicken places in 2013, but over 30,000 when independently owned fried chicken places and bars that sell fried chicken are included.Additionally, KB Financial Group Research estimated there were about 36,000 fried chicken places in Korea in 2013, with a 9.5 percent annual increase over the last 10 years.The
IndustryOct. 5, 2015
-
LG sees silver lining in mobile business with new handset
Many eyes are now on tech giant LG Electronics, which is seeking to become a game changer with the latest top-tier smartphone V10 after disappointment in sales for its leather-clad G4 smartphone. Global news outlets and blogospheres have been complimenting LG’s new phone boasting one-of-its-kind features including the world’s first dual front-facing cameras, a secondary display, a durable, sturdy body fortified with stainless steel and silicon, and, last but not least, the relatively affordabl
TechnologyOct. 5, 2015
-
Sanofi presents next-generation basal insulin Toujeo
Sanofi-Aventis Korea, the local affiliate of France-based global health care company Sanofi, presented the benefits of its newly upgraded basal insulin Toujeo in an event in Seoul on Monday to celebrate the drug’s approval in South Korea. Sanofi’s Toujeo SoloSTAR is a long-acting basal insulin which has upgraded the medical effects of Lantus, the world’s top-selling diabetes treatment insulin as well as one of the company’s flagship products. Sanofi-Aventis Korea general manager Bae Kyung-eun ex
IndustryOct. 5, 2015
-
[Photo News] Samsung highlights circular wearable
SAMSUNG HIGHLIGHTS CIRCULAR WEARABLE -- Korean tech giant Samsung Electronics sets up a circular event venue in Seoul where customers can get hands-on experience with the tech firm’s latest round-face smartwatch, the Samsung Gear S2. (Samsung)
TechnologyOct. 5, 2015
-
[Photo News] LG Chem to promote green energy compaign
LG CHEM TO PROMOTE GREEN ENERGY CAMPAIGN -- Chemicals and battery maker LG Chem said Monday that it would work with the Seoul Metropolitan Government and charity organization Community Chest of Korea for green energy initiatives aimed at encouraging the use of environmentally-friendly technologies in people’s daily lives. (LG Chem)
TechnologyOct. 5, 2015
-
[Herald Interview] Korea needs more advanced emergency medical devices: ZOLL
In South Korea, where a growing number of hospitals and emergency medical staff are recognizing the need to implement higher quality CPR, the defibrillation business is geared for new growth and development in the years to come. ZOLL Medical Corporation, a health care company under Asahi Kasei Group which develops and markets medical devices and software solutions that help emergency care, is eyeing Korea as a strategic market with great potential for business expansion, according to the firm’s
IndustryOct. 5, 2015
-
[Photo News] Tech meets commerce
TECH MEETS COMMERCE -- IT solutions developer SK Planet said Monday it would hold Tech Planet, an annual IT developers meeting, at Lotte Hotel World in Seoul on Wednesday. The IT conference with the theme “convergence between technology and online-to-offline commerce,” will highlight the rising O2O businesses and technologies deployed, or to be utilized, in the commerce sector. More than 20 speakers from tech firms such as Google, Facebook, PayPal, eBay, and Samsung Electronics will deliver spee
TechnologyOct. 5, 2015
-
Samsung Electronics ranks 7th in global brand value: report
South Korea's tech giant Samsung Electronics Co. ranked seventh in the world this year in terms of brand value, a global consultancy report showed Monday.According to the annual report compiled by Interbrand, Samsung Electronics came in seventh for this year, with its brand value estimated at $45.3 billion.Samsung's ranking and estimated value were unchanged from a year earlier, the report showed. Apple Inc. topped the pack with its brand value estimated at $170.3 billion, up 43 percent from a y
IndustryOct. 5, 2015
-
S. Korea eyes listing of foreign ETFs on local bourse
The South Korean bourse operator said Monday that it will seek to lure overseas exchange traded funds into the local stock market in order to meet rising demand for overseas direct investment by locals.An ETF refers to an investment fund traded on stock exchanges and represents a basket of stocks that reflects an index, which provides retail investors and institutions with a more liquid and risk-hedging tool.The Korea Exchange said it will move to bring foreign big-name ETFs, including SPDR Gold
Oct. 5, 2015