Most Popular
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NewJeans terminates contract with Ador, embarks on new journey
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Ador claims exclusive contracts with NewJeans still valid
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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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N. Korea launches 32nd wave of trash balloons, anti-S. Korea leaflets
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‘NewJeans are no longer under Ador,’ says legal expert
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[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
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NewJeans leave for Japan shows day after unilaterally terminating contract with Ador
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Will Min Hee-jin reunite with NewJeans?
![[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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Standard Chartered offers chance to visit EPL fields
Standard Chartered Bank Korea is providing Korean amateur soccer players with the opportunity to visit an English Premier League field.The bank said Tuesday that a provincial team for “futsal,” a mini football game played between two teams of five players, has won the chance to visit England’s Anfield stadium, home of Liverpool FC.The team from Chuncheon, Gangwon Province, will also vie for the “Standard Chartered Trophy,” an international amateur futsal competition, slated for May 21 at Anfield
March 26, 2013
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Finance sector faces governance overhaul
A seismic shift appears to be about to occur in Korea’s financial sector, where the newly appointed Financial Services Commission chairman Shin Je-yoon has shown his determination to overhaul the country’s major financial holding companies.Heads of financial holding companies such as KDB Financial, Woori Financial and KB Financial are expected to be pressured to step down as Shin said during his inauguration speech last week that he would reform their weak governance structures.Shin claimed they
March 26, 2013
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A simple, not-so-painful way to help save lives
The thought of donating stem cells might arise fear in many, conjuring up images of large needles. But if there was a relatively painless way to help someone in need, would you still hesitate to do it? Not many people know about “Peripheral Blood Stem Cell Transplantation,” a procedure to extract stem cells that gives a helping hand to those suffering from leukemia and other types of stem cell-related disease. There are two ways to transplant stem cells: the traditional method is called bone mar
TechnologyMarch 26, 2013
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Why that bar of chocolate makes you grumpy
New research suggests that foods high in sugar content do not boost your mood. The study by researchers at Pennsylvania State University revealed that women who are concerned with diet and image tend to feel grumpier after eating unhealthy food. Researchers including Dr. Kristin Heron provided 131 women with handheld computers, which frequently asked them about their mood and eating behavior. Their research focused on gathering data from participants in everyday life since other studies tracked
TechnologyMarch 26, 2013
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Seoul shares up 0.3 pct on bargain hunting
South Korean stocks closed 0.3 percent higher on Tuesday as investors hunted for bargains, analysts said. The local currency rose against the U.S. dollar.After opening lower, the benchmark Korea Composite Stock Price Index (KOSPI) rose 6.03 points to 1,983.7. Trading volume was moderate at 271.8 million shares worth 3.3 trillion won (US$3 billion), with decliners outnumbering gainers 408 to 386.The key index staged a rally on Monday after dropping for three consecutive trading sessions."The loca
BusinessMarch 26, 2013
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Good looking birds raise healthy babies
New research has found that the appearance of a female great tit (Parus major) affects the health conditions of its offspring.According to the study done by researchers at Palacky University in the Czech Republic, the bird’s representative features -- a black stripe across the breast and white patches on the cheeks -- correlate to a chick’s weight and immune strength at two weeks.In order to compare the weight and immune system of baby birds from mothers of different ornamentation, the research
TechnologyMarch 26, 2013
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Starbucks’ mystery people in black
Go to Starbucks and you will see the baristas wearing mostly green aprons.But it’s not hard to spot a few, depending on the store, who are donned in black.They are the global coffeehouse chain’s proud "Coffe Masters" who have passed rigorous educational programs and examinations on coffee.Starbucks Korea has some 4,600 baristas, about 900 of whom have reached ranks of the black apron.Some stores don’t have Coffee Masters while the entire staff at Seoul’s Dongbu Ichon and City Hall Plus stores wh
IndustryMarch 26, 2013
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Scientists describe two-headed shark
U.S. scientists have announced the first-ever discovery of a two-headed bull shark, confirming it was a single shark with two heads, not conjoined twins.Michigan State University researchers studying the specimen found in the uterus of an adult bull shark taken in the Gulf of Mexico April 7, 2011, said it was the first record of the phenomenon known as dicephalia ever seen in bull sharks although it has been seen before in other species of shark.“This is certainly one of those interesting and ra
TechnologyMarch 26, 2013
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Do cold sores lead to mental disorder?
Do cold sores lead to mental disorders?Scientists at Columbia University Medical Center claimed that the virus that causes cold sores might be associated with memory loss and mental diseases.In the study, performed in collaboration with the Miller School of Medicine at the University of Miami, the researchers tested the mental function of 1,625 participants with aged 69 on average and living in New York.Participants who had high levels of infections such as herpes simplex virus in the blood were
TechnologyMarch 26, 2013
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Pellerin picks Citroen DS5 as her limo in Seoul
Fleur Pellerin, the Korean-born French minister overlooking small and mid-sized enterprises and the digital economy, is joining the austerity policy of her Socialist government, given her choice of the Citroen DS5 as her official car during her short stay in Korea. Considering that visiting foreign VIPs usually prefer to ride in luxury limousines, the diesel hatchback with an engine capacity of only 1,997cc seems to be a reflection of the practical French chic. According to an industry source,
MobilityMarch 26, 2013
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Seoul shares up 0.21 pct in late-morning trade
South Korean stocks traded 0.21 percent higher late Tuesday morning, led by gains in techs and autos, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) added4.23 points to 1,981.90 as of 11:20 a.m.Tech blue chips drove up the shares, with market behemoth Samsung Electronics rising 0.8 percent and top chipmaker adding 1.2 percent. Leading flat panel manufacturer LG Display gained 1.11 percent.Carmakers also gathered ground, with No. 1 industry player Hyundai Motor adding 2.09
BusinessMarch 26, 2013
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Seoul shares turn higher after weak start
South Korean stocks turned higher following a weak start on Tuesday but continued to trade range-bound amid ongoing concerns over the fiscal crisis in Cyprus, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.6 points, or 0.18 percent, to 1,981.27 in the first 15 minutes of trading.Blue chips led the climb, with market bellwether Samsung Electronics adding 0.54 percent and the country's top automaker Hyundai Motor rising 0.46 percent.The local currency was trading at 1
BusinessMarch 26, 2013
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S. Korean economic growth slows to 3-year low in 2012
The South Korean economy grew at the slowest clip in three years in 2012 as exports, facility investment and private spending remained weak amid the global economic slowdown, the central bank said Tuesday.The country's gross domestic product, the broadest measure of economic performance, grew 2 percent in 2012, unchanged from its earlier projection made in January, according to the Bank of Korea (BOK).The 2012 growth marked the slowest increase in three years. But the 2011 growth was revised up
March 26, 2013
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Samsung counters LG with 50 bil. won advertising suit
Samsung Electronics Co. has launched a suit against rival LG Electronics Inc. demanding 50 billion won (US$45 million) in compensation for denting its brand value, sources said Monday.In the lawsuit filed with the Seoul Southern District Court on Friday, the world's top maker of smartphones, memory chips and flat-panel TVs demanded its home-turf competitor to pay the cited amount in damages, according to the legal sources.The move marks the latest development in the ongoing advertising row betwe
IndustryMarch 25, 2013
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Korea to launch rescue fund for heavy debtors this week
The South Korean government unveiled Monday detailed plans of a rescheduling fund for heavy debtors, one of President Park Geun-hye’s key presidential campaign pledges. The Financial Services Commission, the country’s top financial regulator, said the public fund aimed to ease the debt burdens of the heavily-indebted persons will be launched on Friday with an initial size of 1.5 trillion won ($1.34 billion), to be run for the next five years.The government had initially proposed a fund worth 18
March 25, 2013
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Caffe Bene blames first job cuts on new regulations
Caffe Bene, the nation’s largest coffee shop franchise, has started cutting jobs and executive salaries, blaming regulations against expansion of its bakery and restaurant chains.Industry watchers say, however, that there is more to the sudden “emergency management.”Caffe Bene took over bakery chain Mainz Dom in December despite the National Commission for Corporate Partnership’s advice to reconsider the acquisition as the panel was discussing restricting bakery franchises.The state-funded commi
IndustryMarch 25, 2013
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Park urges chaebol-SME coprosperity
President Park Geun-hye called for a change in the nation’s economic paradigm to foster coprosperity between conglomerates and small and medium-sized firms.She made the instruction during policy briefings from the Ministry of Trade, Industry and Energy and the Small and Medium Business Administration at Cheong Wa Dae on Monday.“Our economy reliant on big companies should be transformed into an economic structure where exports and domestic consumption are boosted simultaneously, and conglomerates
March 25, 2013
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[Power Korea] World is too small for GS Home Shopping
The Korea Herald is publishing a series of articles titled Global Brand as part of the first installment of Power Korea. Korea’s success story is a 60-year-old tale written by not one, but many who worked to build one of the world’s most powerful nations from the ashes of war. This Global Brand series is designed to honor those who made this Korean Dream come true. This is the 12th part of the Global Brand series. ― Ed.In every Korean industry, there seems to be a “Psy” possessing the star power
IndustryMarch 25, 2013
![[Power Korea] World is too small for GS Home Shopping](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2013/03/25/20130325000402_0.jpg&u=20130326151342)
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Nonghyup faces ongoing ATM glitch
Nonghyup Bank has yet to fully normalize the operation of its automated teller machines as of Monday, after its network system was paralyzed by cyber attacks on March 20.According to its spokespeople, about 450 ATMs at Nonghyup Bank’s branches nationwide were still malfunctioning as of 2 p.m., March 25.In the restoration process, Nonghyup Financial Group lags behind Shinhan Financial Group, which fully repaired glitches in network systems at its two subsidiaries ― Shinhan Bank and Jeju Bank ― wi
March 25, 2013
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Japan’s high-tech resources helped weather Lost Decade: BOK
Japan has been going through a series downturns and recessions further weighed down by declining asset prices and a strong currency since the 1990s. This inevitably led the once second-largest economy in the world to face nearly two decades of hardship.Despite being in the doldrums, Japan was able to weather the storm quite well thanks to its diverse and sustainable pool of conglomerates, and small and medium enterprises, according to a Bank of Korea report obtained by a local newswire.The repor
March 25, 2013
![[Power Korea] World is too small for GS Home Shopping](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2013/03/25/20130325000402_0.jpg&u=20130326151342)