Foods that make a person healthier also make them better looking, a U.S. food expert says. "Vitamin C rich foods, especially strawberries, can help keep your skin glowing and bright. Vitamin C is an important building block for collagen, which supports the underlying structure of your skin. Just 1 cup of delicious strawberries contains over 100 percent of your daily vitamin C recommendation," Phil

TechnologySept. 18, 2012

DALLAS, Sept. 17 (UPI) -- Men treated for prostate cancer -- either with surgery or radiation -- could benefit from taking aspirin regularly, U.S. researchers suggest. First author Dr. Kevin Choe of the University of Texas Southwestern Medical Center in Dallas said preclinical studies showed aspirin and other anti-coagulation medications -- warfarin, clopidogrel, enoxaparin, and/or aspirin -- might inhibit cancer growth and metastasis, but clinical data had been limited previously.The current st

TechnologySept. 18, 2012

South Korean stocks started higher Tuesday, led by gains in big tech firms, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) gained0.81 points, or 0.04 percent, to 2003.16 in the first 15 minutes of trading.Big-cap tech names led the rise, with market bellwether Samsung Electronics increasing 0.99 percent and SK hynix climbing 0.87 percent.The local currency was trading at 1,1

Sept. 18, 2012

Samsung Electronics chairman Lee Kun-hee did not lodge an appeal by the due date against the latest high court ruling that found him guilty of malpractices carried out to make his son's takeover of the conglomerate easier, industry and court officials said Monday. South Korea's richest man showed no signs of filing an appeal at the Daegu District High Court, which was due on Sept. 12 if he had dec

IndustrySept. 18, 2012

A new type of electronic payment system with lower commissions than credit cards is due to launch around the end of this year, portending a major shakeup in the market for money transfers. Consumers will be able to buy products and services using just their phone numbers or smartphone applications, according to sources at the Financial Services Commission and in the electronic finance industry.“The technologies for the service are ready,” an FSC official said. “We expect to unveil the service on

Sept. 17, 2012

In a sign that Korea’s consumer contraction is deepening, sales at major discount outlets and department stores dropped from a year earlier for the third consecutive month in August.According to a report released Monday by the Ministry of Knowledge Economy, the nation’s three biggest supermarket chains ― Lotte Mart, E-Mart and Homeplus ― saw their combined sales fall 3.3 percent on-year last month. The three biggest department stores also suffered a decline of their sales by 6.9 percent.Analysts

Sept. 17, 2012

The government said Monday that it has injected 100 billion won ($89.6 million) into the Export-Import Bank of Korea to help the policy lender secure better trade financing capacity for exporters.The capital increase was made in the form of stock contribution as the government used about 9.55 million shares in the state-run Korea Express Corp., according to the Finance Ministry.The move is aimed at providing more financing capacity for the bank so that it can help strong but liquidity-strapped e

Sept. 17, 2012

Korean retail investors suffered a massive loss in their stock investment this year lagging behind robust profits boasted by institutional and foreign investors due to information disparity, data showed Monday.Individual investors reported a net loss of 18.15 percent for their top 10 mostly purchased shares through Sept. 14 this year, according to the data compiled by the main bourse operator Korea Exchange.On the other hand, foreign investors gained 4.6 percent from their top 10 most buying sha

Sept. 17, 2012

South Korean stocks fell 0.26 percent on Monday as investors took profits from recent gains powered by the U.S. bond-buying program, analysts said. The local currency rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index declined 5.23 points to 2,002.35, the first loss in four sessions.Trading volume was heavy at 871.3 billion shares worth 6.5 trillion won ($5.83 billion). But gainers outnumbered losers 458 to 359.“Investors took a breather after the previous session‘s ral

Sept. 17, 2012

Antitrust regulator poised to take stern action over unfair practices against suppliersThe nation’s top antitrust regulator said on Monday that it will weed out irregularities at large companies.The Fair Trade Commission said the warning will be given to business leaders when FTC chairman Kim Dong-soo meets them on Tuesday. “The meeting between FTC chairman Kim and the chief executives is designed to prevent big firms from bullying subcontractors,” the FTC said in a statement.Participants will l

IndustrySept. 17, 2012

Financial Hub Korea, a unit of the Financial Supervisory Service, jointly hosted the 2012 Financial Hub Seoul IR with the Seoul Metropolitan Government in Hong Kong last week. Over 200 executives from about 70 global finance institutions attended the event aimed at promoting Seoul’s bid to attract foreign financial companies and become a leading financial hub, officials said.Participants included John McCormick, chairman of Royal Bank of Scotland Group, Asia Pacific; Wong David See Hong, deputy

Sept. 17, 2012

South Korea’s economy is expected to grow 2.5 percent this year, a state-run think tank said Monday, slashing its growth outlook sharply on slowing exports growth affected by heightened global uncertainty.The latest growth projection is far lower than the 3.6 percent expansion that the Korea Development Institute forecast in May. It is also much lower than the government’s 3.3 percent growth estimate for this year. “We expect that the economic growth rate will fall to 2.5 percent this year as bo

Sept. 17, 2012