Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Job creation lowest on record among under-30s
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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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Opposition leader awaits perjury trial ruling
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Innovation and collaboration fuels Korea Post’s express service
Introduced in 1979, the volume of packages moved through Korea Post’s express mail service or EMS has grown rapidly fueled by increasing exchange with other nations.According to Korea Post, the number of EMS packages sent abroad in 1979 numbered 600, but the figure soared to over 6 million last year, with revenues generated from the service reaching 243.4 billion won ($230 million). Kim Myong-ryo
IndustryJuly 14, 2011
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Korea Post improving services in globalizing world
CEOs of global 10 postal services discuss strategies to strengthen cooperation in BarcelonaKorea Post is stepping up efforts to improve the quality of international delivery services in collaboration with other national postal service providers.On Wednesday, the Kahala Posts Group ― an association of 10 postal services ― held a strategy meeting in Barcelona, where the attending chief executives of
IndustryJuly 14, 2011
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Market needs still more oil in Q3: IEA
PARIS (AFP) ― The oil market still needs more supplies for the third quarter of the year, the International Energy Agency warned on Wednesday, despite an official stock release and increased OPEC production.“Major producers have recognized that demand for their oil is rising ... as economic growth and short-term fuel substitution keep global and emerging market demand growth robust,” the IEA said
IndustryJuly 14, 2011
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Cholera alert for Asia, Africa travelers
Travelers to Asian and African countries should take extra care against contracting cholera, the Korea Centers for Disease Control and Prevention said Monday, as the first cholera patient this year was reported a day earlier. Quarantine officials of Incheon International Airport said a tourist who had traveled to Deli and Varanasi of India between July 2-8 was detected with cholerae 01 Ogawa in hi
TechnologyJuly 14, 2011
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‘LASIK, LASEK good in the long term’
Laser in situ keratomileusis and laser epithelial keratomileusis, both myopia correctional treatments, are effective and safer than many people think, the National Evidence-based Healthcare Collaborating Agency said Wednesday. According to its research of 2,638 people who have received these eyesight-correctional treatments between 2002 and 2004, about 95.2 percent of LASIK patients and 90.3 perce
TechnologyJuly 14, 2011
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How to tackle air-conditioningitis
Yoo Jun-hyun With the advancement of civilization, people are now able to control their environment. The term “air-conditioningitis” can often be heard during the summer. Air-conditioningitis occurs when the body cannot adjust properly to the sharp differences in temperature between the cool air-conditioned indoors and the warm outdoors. Air-conditioning in an office building, a bank, a hotel or
TechnologyJuly 14, 2011
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Salt diet dangers may be influenced by potassium
ATLANTA (AP) ― The debate about the dangers of eating too much salt has gained a new wrinkle: A federal study suggests that the people most at risk are those who also get too little potassium.Potassium-rich foods, including fruits and vegetables, have long been recommended as a dietary defense against heart disease and other chronic illnesses. The new research is one of the first and largest U.S.
TechnologyJuly 14, 2011
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Australia puts health warnings on booze bottles
SYDNEY (AP) ― Australia’s liquor industry launched a voluntary program to label its products with health warnings Tuesday, possibly to pre-empt future criticism that it is contributing to excessive drinking that is part of the national culture.About 80 percent of alcohol sold in the country - beer, wine and spirits - will carry the warnings, primarily aimed at teenagers and pregnant women, said Tr
TechnologyJuly 14, 2011
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More AIDS patients may get cheaper drugs
LONDON (AP) ― Gilead Sciences Inc., one of the world’s biggest producers of AIDS drugs, will allow some of them to be made by generic manufacturers - potentially increasing their availability in poor countries, particularly in Africa, officials said Tuesday.In the first deal of its kind, the Foster City, California-based pharmaceutical company has agreed to allow four of its AIDS drugs to be made
TechnologyJuly 14, 2011
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Oriental medicine out to prove itself
Jaseng’s Royer says Oriental medicine focuses on balance of inner energyMany Koreans visit Oriental medical doctors for stamina or chi improvement. Yet, the field is less visited for treatment of ordinary diseases, industry insiders admit.But Oriental medicine is slowly earning a reputation for seeing the disease and the body condition from a larger perspective. It is the hot spot for foreigners s
TechnologyJuly 14, 2011
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Lawyer pushes class action suit against Apple
A lawyer is pushing for a class action suit against Apple after he won a court battle last month over the iPhone’s location tracking.Apple Korea recently paid about 1 million won in compensation to attorney Kim Hyung-suk following a lower court’s ruling that the smartphone’s software violated his privacy.Kim, 31, and his company MiRaeLaw on Thursday began to collect applications for a collective l
TechnologyJuly 14, 2011
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Glasses tell what others are thinking
Researchers at the Massachusetts Institute of Technology’s Media Lab have come up with "social x-ray specs" that can interpret others’ facial expressions, according to reports. The creator of the glasses, Rosalind Picard said that they can identify human facial expressions such as thinking, agreeing, concentrating, interest and disagreement. This is made possible with the help of a built-in camera
TechnologyJuly 14, 2011
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Amazon planning iPad rival by October: WSJ
Online retail giant Amazon plans to unveil a tablet computer before October in a bid to carve out a slice of a growing market dominated by Apple's iPad, The Wall Street Journal reported Wednesday.The newspaper, citing "people familiar with the matter," also said Amazon plans to release two updated versions of its Kindle electronic reader in the third quarter of the year.The Journal said the tablet
IndustryJuly 14, 2011
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BOK freezes key rate at 3.25%
Korea's central bank froze the key interest rate on Thursday, following a rate hike in June, in the face of mounting household debt and the eurozone debt crisis.Bank of Korea (BOK) Gov. Kim Choong-soo and his fellow policymakers held steady the benchmark seven-day repo rate, dubbed the base rate, at 3.25 percent for July.The decision is in line with a forecast by 18 out of 19 economists surveyed b
July 14, 2011
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Hyundai, Kia ranked as top passenger car brands in Canada
South Korea's Hyundai Motor Co. and its sister company Kia Motors Corp. ranked as the best-selling passenger carmakers in Canada in the first half of this year, industry sources said Thursday.The two leading automobile makers in South Korea sold a combined 64,671 passenger cars in the North American country in the January-June period for a market share of 18.2 percent, according to the sources.The
IndustryJuly 14, 2011
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Obama still uncertain on ways to proceed with FTA bill
The Barack Obama administration is still looking for the best timing to send a bill on a free trade agreement (FTA) with South Korea to Congress, a senior official said Wednesday, with no clear signs of a breakthrough in federal debt limit talks."Senior-level discussions continue on the timing for formal submission of the bill," Carol Guthrie, assistant U.S. trade representative for public and med
July 14, 2011
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Korean CEOs expand networks as honorary consuls
Business leaders committed to solidifying diplomatic, economic, cultural ties with foreign countriesKorea’s business leaders are expanding their scope into the international arena, but not as representatives of their companies; they are honorary consuls of foreign countries.Despite the extra duties these roles bring to their already busy lives, such as issuing visas and passports, the new job help
July 13, 2011
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Creditors to put 30 firms under workout program
Troubled companies to be shut downKorea’s creditor banks have singled out some 30 large firms that should either go through a workout program or be forced out of the market. The names of the companies in question, however, remain undisclosed.According to banking sources on Wednesday, local creditor banks completed the evaluation of companies whose loans exceed 50 billion won ($47 million) in late
July 13, 2011
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June jobless rate falls to 6-month low
The job market in June grew to the healthiest level in six months, posting a 3.3 percent unemployment rate as hiring conditions improved in manufacturing and service sectors, Statistics Korea said. The June figure is unchanged from May, but it saw the largest number of jobs in 11 months, 472,000, added to the economy.“The job growth is driven by the private sector and we’re seeing the job market c
July 13, 2011
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New rules devised to prevent fraud by bloggers
Online users, mostly so-called “power-bloggers” who post product reviews in return for benefit will be obligated to disclose their contract details starting July 14, the state-run antitrust regulator said Wednesday. In short, the users must reveal that their reviews were a part of a business deal with specific companies. If they fail to disclose such facts, the firms they signed on to issue the re
IndustryJuly 13, 2011
