Most Popular
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Heavy, wet snow to fall more often this winter
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SNU professors join growing movement calling for Yoon's resignation
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Presidential office criticizes opposition-led state auditor, prosecutor impeachment motions
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[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea
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‘NewJeans are no longer under Ador,’ says legal expert
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Most foreign-owned land held by US citizens, houses by Chinese
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Will Min Hee-jin reunite with NewJeans?
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NewJeans leave for Japan shows day after unilaterally terminating contract with Ador
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Samsung promotes tech-savvy execs to tackle challenges
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11 Chinese, Russian military aircraft enter S. Korea’s air defense zone
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
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‘Galaxy S4 more fragile than Galaxy S3, iPhone 5’
Samsung Electronic’s newly launched Galaxy S4 is more susceptible to damage than its previous model Galaxy S3 or Apple’s iPhone 5, a U.S.-based insurance firm claimed.According to SquareTrade, Galaxy S4 scored seven out of 10 in an extensive durability test, in which 10 is the worst score. Galaxy S3 scored 6.5 and iPhone got five.The firm said Galaxy S4 performed worse than its predecessor, except in water resistance. Testers noted the phone’s high breakability during drop tests, and pointed out
TechnologyApril 30, 2013
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Upper-arm lift surgery on the rise in U.S.
Upper-arm lift is the latest trend in plastic surgery, according to a report by the American Society of Plastic Surgeons. While bigger eyes, higher noses and bigger breasts still prevail in the industry, arms are definitely having their moment with the number of surgeries shooting up 4,378 percent over the past decade. The primary patients are those who have gone through dramatic weight loss and want to tighten the saggy underarm area. The new wave in the plastic surgery industry is not only ge
TechnologyApril 30, 2013
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Seoul shares gain 1.2 pct on bargain hunting
South Korean stocks gained 1.2 percent Tuesday, as investors hunted for bargains on upbeat corporate results by local companies, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) advanced 23.35 points to close at 1,963.95. Trading volume was moderate at 387.6 million shares worth 4.57 trillion won ($4.15 billion) with gainers far outstripping decliners 502 to 284. "Large-cap shares got a boost as we began to see more firms rep
April 30, 2013
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BOK voices woes over household debt amid deepening 'credit divide'
South Korea's central bank on Tuesday warned against risks of household debt problems, saying that local households' debt-serving capacity worsened amid risks from low-credit borrowers and low-income families.The Bank of Korea said in a semi-annual financial stability report that the growth of household debt slowed last year, but the capacity of households to repay debt deteriorated amid the protracted economic recovery.The ratio of household debt against disposable income stood at a record 136
April 30, 2013
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Survival of fittest: Fights won on personality not on size
British and U.S. researchers suggest size may not matter in fighting; the big guy doesn‘t always win -- at least for fish.Scientists at the University of Exeter in England and Texas A&M University found when fish fight over food, it was personality, rather than size, that determined which would be victorious.The findings, published in the journal Behavioral Ecology and Sociobiology, suggested when resources were in short supply personality traits such as aggression could be more important than s
TechnologyApril 30, 2013
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Microsoft’s new ad parodies battle between Samsung, Apple
Microsoft’s new ad for Nokia Lumia 920 Windows phone portrays the battle between two competitors, Samsung and Apple, in the U.S. smartphone market. It starts with a wedding ceremony where two groups of guests start to take pictures, one with the Galaxy Note 2 and the other with the iPhone 5. A brawl ensues between the two groups when one Apple user mocks a Samsung user. The scuffle turns into a rowdy scene reminiscent of the patent spat between the two tech rivals.The ad ends with the slogan “Do
TechnologyApril 30, 2013
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Seoul shares up 1 pct in late-morning trade
South Korean stocks traded 1 percent higher late Tuesday morning, led by gains in large-cap exporters, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) shot up 19.34 points to 1,960.04 as of 11:20 a.m. Top-tiered blue chips drove up the main index, with market bellwether Samsung Electronics jumping 2.4 percent and Hyundai Motor climbing 0.5 percent. In contrast, domestic-focused shares lost ground. State-run electricity provider Korea Electric Power Corp. fell 1.5 perc
April 30, 2013
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LG Electronics forecast to ship over 50 mln smartphones this year
South Korean consumer electronics giant LG Electronics Inc. is expected to sell more than 50 million smartphones this year on the back of strong demand for its flagship Optimus G line-up and mid and low-end smartphones, brokerage houses said Tuesday.LG Electronics, the world's No. 3 smartphone maker, sold some 26.3 million smartphones last year.Korea Investment & Securities said in a report that LG Electronics is expected to sell 53.29 million smartphones this year. Hyundai Securities and KB Inv
IndustryApril 30, 2013
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Botox less effective the more it is used
Women who regularly get Botox treatments seeking youth are becoming immune to the injection, even forming antibodies to it, a report said.German researchers published a paper in the Journal of Neural Transmission, saying that one out of 200 Botox patients come to develop antibodies which lead to ineffective results. More negative results were found among those who took a larger dose of injection than others due to medical reasons such as treating spasms or sweating. Other scientists from Britis
TechnologyApril 30, 2013
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Seoul shares open higher on U.S. data, Italy
South Korean stocks got off to a strong start Tuesday, as upbeat U.S. housing data and the new Italian government eased jitters over the global economy, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) soared 13.86 points, or 0.71 percent, to 1,954.56 in the first 15 minutes of trading. Most shares gathered ground, with LG Uplus, the country's smallest mobile carrier, and electronic parts maker LG Innotek rising more than 2 percent. U.S. markets finished up Monday on a fore
April 30, 2013
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S. Korea's industrial output drops for 3 straight months in March
South Korea's industrial output shrank for the third straight month in March amid worries that its economy is losing steam in the face of toughened market conditions at home and abroad, a government report showed Tuesday.According to the report by Statistics Korea, production in the mining, manufacturing, gas and electricity industries dropped 2.6 percent last month from a month earlier, the sharpest contraction in 12 months.This also marked the third on-month contraction following a 1.2 percent
IndustryApril 30, 2013
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Samsung maintains top slot in U.S. TV market for 60 months
Samsung Electronics Co., the world's largest flat-panel TV maker, maintained its status as the top flat-panel TV seller in the U.S. for 60 consecutive months, data showed on Tuesday.Samsung Electronics retained the top spot in March with a 29.4 percent market share in terms of revenue, according to the data compiled by global market research firm NPD Group. The figure was 3 percentage points higher than in February, the data showed.Samsung has kept its top position since April 2008 in terms of m
IndustryApril 30, 2013
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[Graphic News] Turkey becomes Korea’s 9th FTA partner
The Korea-Turkey Free Trade Agreement, which comes into effect on Wednesday, is to be Korea’s ninth FTA, as well as the first to take effect under the new Park Geun-hye administration.Under the FTA, all tariffs on industrial goods, including automobiles, plastic and home appliances, will be eliminated within seven years, according to the Ministry of Trade, Industry and Energy and the Korea International Trade Association.As of last year, Turkey was Korea’s 25th-largest trading partner with $4.55
IndustryApril 29, 2013
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[Newsmaker] Business success story close to bankruptcy
Kang Duck-soo, 63, chairman and founder of STX Group, the nation’s 13th-largest conglomerate by assets, is facing his biggest-ever crisis as some of the company’s major affiliates are suffering from financial crunches. Cornered by liquidity problems, Kang has handed over his controlling stakes in STX Offshore & Shipbuilding, a core affiliate of STX Group, to creditors. “His decision came amid creditors’ due diligence on the group’s money-losing shipbuilding unit before the creditors decide wheth
IndustryApril 29, 2013
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Galaxy S4 emits least radiation among new smartphones
Samsung Electronics’ new smartphone Galaxy S4 showed the lowest radiation emission levels among the latest handsets in the local market, a recent government study showed Monday. According to the National Radio Research Agency, Galaxy S4’s SAR, or its Specific Absorption Rate, was 0.55 watt per kilogram for an SK Telecom model, 0.438 for KT and 0.353 for LG Uplus. The SAR is a measure of the amount of radio frequency energy absorbed by the body when using the handset. The LG Uplus model of LG Ele
IndustryApril 29, 2013
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KB Financial chief not to seek 2nd term
KB Financial Group chairman Euh Yoon-dae said Monday that he would not seek a second term after his tenure expires in July.Euh, however, expressed his willingness to finish out the remainder of his first term until July 12 during a news briefing at KB Financial headquarters in downtown Seoul.Euh, who has held the post since July 2010, has been under continued pressure to step down under the Park Geun-hye administration. Along with Woori Financial Group chairman Lee Pal-seung, Euh was regarded as
April 29, 2013
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Korea, China agree on basic guidelines for FTA
Korea and China have agreed on basic guidelines concerning product origin marking and customs clearance in their latest round of free trade agreement negotiations that ended on Sunday, Seoul officials said Monday.The two sides, however, have differed over the classification of sensitive items, which require an alleviated level of tariff cuts.During the three-day meeting which was held over the weekend in Harbin, the two countries once again confirmed their mutual commitment to effectuating the b
April 29, 2013
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Hyundai to invest $1 billion in automotive material development
Hyundai Motor Group on Monday announced a new investment plan worth 1.12 trillion won ($1 billion) as part of its efforts to elevate its competitiveness in next-generation automotive material development. The Korean auto giant, which owns the Hyundai and Kia brands, said it would build two factories that produce specialty steel and high-quality iron powder ― the two key materials used in vehicle engines and transmissions. The latest investment plan, the carmaker said, comes as a growing number o
IndustryApril 29, 2013
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BASF to set up R&D center for electronic materials in Korea
BASF, the world’s largest chemical company, said Monday it would build a regional research and development center for electronic materials in Korea, a month after announcing it would move its Asia-Pacific headquarters for electronic materials business to Seoul.“The regional R&D center will be BASF’s first electronic materials R&D center in Korea and will serve the Asian region,” Shin Woo-sung, managing director of BASF Korea, said in a press conference.“When it comes to where to invest, there ar
IndustryApril 29, 2013
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Shinhan Financial reports weak first-quarter earnings
Shinhan Financial Group announced a 483.3 billion won ($436.6 million) net profit during the first quarter of this year. It was a 41.8 percent drop from a year earlier and a 54.8 percent increase from a quarter earlier.The quarterly operating profit fell 10.1 percent from the previous quarter due to the increase in loan losses, Shinhan said. The overall weak quarterly performance occurred among Shinhan’s bank sectors, which almost halved to 341.5 billion won from a year ago, with the group holdi
April 29, 2013
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