Most Popular
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NewJeans to terminate contract with Ador
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NewJeans terminates contract with Ador, embarks on new journey
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Korean Air gets European nod to become Northeast Asia’s largest airline
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Seoul snowfall now third heaviest on record
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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Chaos unfolds as rare November snowstorm grips Korea for 2nd day
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BOK makes surprise 2nd rate cut to boost growth
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‘VCHA, Katseye and Dear Alice are not K-pop groups,’ industry experts say
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11 injured in 53-car pileup on icy road in Wonju
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[Graphic News] South Koreans favor Japan for repeat overseas trips
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Confusion grows over car mileage
Hyundai Motor Group’s recent mileage overstatement scandal in North America now raises eyebrows of Korean customers like Lee Hae-mi, a Seoul resident who owns a 2011 Kia Soul. Among 13 Hyundai and Kia brand car models forced to reduce their mileage by one to two miles per gallon on average, the largest adjustment was six miles per gallon for the Soul. While the Soul’s fuel economy in the United States was lowered from 27 miles per gallon to 21, or from 11.5 kilometers per liter to 8.9, its offic
IndustryNov. 14, 2012
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Korea eyes Mideast, E. Europe for hallyu sales
The Middle East and Eastern Europe are the next strategic long-term markets for Korean cultural content, the Korea Communications Commission said Wednesday. Through its sub-organization Korea Internet Security Agency, the KCC spends about 800 million won ($730,000) every year to showcase Korean TV content, which has been one most popular types of Korean cultural product overseas. Sponsored by the KCC, a group of KISA officials held four one-day showcases each in Turkey, Bulgaria and Jordan betwe
TechnologyNov. 14, 2012
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‘Starcraft II’ expansion ‘Heart of the Swarm,’ to be released next year
“Starcraft II: Heart of the Swarm,” the first expansion pack of “Starcraft II: Wings of Liberty,” will be released in March next year, game developer and publisher Blizzard Entertainment said Tuesday. “Heart of the Swarm” features new units, including Terran Hellbats, Zerg Swarm Hosts and Protoss Tempests, along with new maps. The expansion set has about 20 campaign missions, and provides an enhanced battle net service, Blizzard said at a “Starcraft” community party held in Seoul.“With ‘Heart of
TechnologyNov. 14, 2012
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Google says more countries asking for Web content removal
Google Inc. said government requests to remove content from its search results and other services rose 71 percent in the first half of the year, according to a new report.The owner of the world’s largest search engine said there were 1,791 requests in the six months through June, up from 1,048 during the last six months of 2011, according to its Transparency Report. Turkey’s government made 501 requests to remove content, up from 45 in the previous period, while the U.S. followed with 273, up fr
TechnologyNov. 14, 2012
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New generation arrives for mobile messengers
The soaring popularity of mobile messengers is nothing new in Korea, but the competition is expected to get fiercer among the top industrial players like Kakao Talk and NHN’s Line. In total subscribers, NHN, operator of No. 1 online portal Naver, has secured about 74 million users as of Tuesday with its mobile messenger Line, closely followed by Kakao Talk which has a user base of 66 million as of early this month.Line, which opened service in June last year, is a mobile messenger that has gaine
TechnologyNov. 14, 2012
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Coupang fined for selling low quality beef
Coupang fined for selling low-quality beef The Fair Trade Commission slapped fines worth 8 million won ($7,400) on social commerce company Coupang for falsely advertising the quality of beef it sold online, the commission said on Wednesday.In August last year, Coupang sold Australian beef it claimed to be of the highest level in the grading for beef quality. It turned out that the beef was actually among the lower grade of Australian beef — 9th out of 11 levels — the FTC said. Coupang had sold 1
IndustryNov. 14, 2012
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Ex-Shinhan chief stricken by Alzheimer’s disease
Former Shinhan Financial Group chairman Ra Eung-chan is suffering from Alzheimer’s disease, it was learned on Wednesday.His alleged illness became known as he refused to be present at court as witness for the group’s embezzlement case due to the disease. Ra submitted a notice on Monday that he will not be attending court because he is receiving treatment for the disease, according to Seoul Central District Court on Wednesday. Ra is known to have claimed that he “cannot remember” due to the disea
IndustryNov. 14, 2012
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Spanking linked to higher cancer risk
Children physically abused -- including spanking -- may be at greater risk of cancer, heart disease or asthma, British researchers suggest. Study leader Michael Hyland of Plymouth University‘s School of Psychology said stress caused by spanking or shouting at a child might lead to biological changes that predispose them to disease, The Daily Telegraph reported. The research team asked 250 healthy adults in Saudi Arabia about their childhood and compared the answers to their health as adults. The
TechnologyNov. 14, 2012
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Men and women select different ideal heights
The first research on men and women’s different natural selection was done in Sweden. Short women and men of average height are more successful at reproduction, according to the study.Gert Stulp, with colleagues from Groningen, Amsterdam and Cambridge University, studied the number of children born to brothers and sisters in a large-scale American database containing data on thousands of residents of Wisconsin born in 1937 or 1938. “It turned out that by taking the height of just one person, we
TechnologyNov. 14, 2012
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'Love hormone' keeps men in relationship away from other women: study
A new study suggests that men are prompted by a hormone which keeps them distant from other attractive women.Rene Hurlemann, a researcher at the University of Bonn in Germany, said in a statement that “oxytocin,” a hormone which is known to contribute to pair-bonding, encourages men to expand their personal emotional barrier when attractive women are around.Hurlemann added that the barrier is activated only when those men are in relationships. Single men do not show such response even when they
TechnologyNov. 14, 2012
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Artificial lens mimics the human eye
U.S. researchers say they've created an artificial lens that could lead to implantable lenses to replace damaged or diseased human eye lenses.Nearly identical to the natural lens of the human eye, the technology behind the artificial lens is called "GRIN" or gradient refractive index optics.The lens is made up of thousands of nanoscale polymer layers that bend, or refract, light by varying degrees as it passes through it."The human eye is a GRIN lens," Michael Ponting, a polymer scientist at Cas
TechnologyNov. 14, 2012
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Sky-gazers in awe of total eclipse
Sky-gazers in northern Australia donned protective glasses as the clouds parted Wednesday to allow them to witness one of nature‘s greatest phenomena -- a total eclipse of the sun.All eyes and cameras turned to the heavens over tropical north Queensland as the moon began moving between the Earth and the sun, like a small bite which gradually increases in size.Cloud cover threatened to spoil the party and huge cheers erupted when they parted to give tens of thousands of eclipse hunters a perfect
TechnologyNov. 14, 2012
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Climate change said threat to world coffee
Arabica beans, responsible for 70 percent of the world‘s coffee market, could face extinction due to climate change, researchers at Britain’s Kew Gardens say.Rising tides and warming temperatures worldwide could render 99.7 percent of popular current bean-growing regions unsuitable for raising coffee, possibly causing the world‘s predominant coffee crop to be extinct by 2080, the researchers said.Wild Arabica grows naturally in the mountains of Ethiopia and South Sudan, and while most commercia
Nov. 14, 2012
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U.S. scientist claims humans’ intelligence declining
Human intelligence has been on the downtrend for thousands of years because of an accumulated genetic mutation harmful to “intelligence” genes, a U.S. geneticist has claimed.According to a study by Professor Gerald Crabtree, head of a genetics laboratory at Stanford University, intellectual powers of humankind peaked in times of hunter-gatherers, and started deteriorating since the introduction of agriculture.Crabtree argues that since the pressure of survival has lessened, natural selection on
TechnologyNov. 14, 2012
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Korea's launch of space rocket to be further delayed: officials
South Korea's planned launch of a space rocket will likely be further delayed, government officials said Wednesday, as the Russian replacement for a defective part in the Korea Space Launch Vehicle-1 (KSLV-1) is not expected to arrive here until the end of the week.The Ministry of Education, Science and Technology and its Launch Preparation Committee earlier said the launch of the KSLV-1 would take place before Nov. 24.The replacement of the defective part, however, will likely arrive here on Sa
TechnologyNov. 14, 2012
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S. Korea needs to enhance financial stability: BOK head
South Korea should make efforts to enhance its financial stability by tackling volatile cross-border capital flows in a bid to beef up its economic fundamentals, the country's top central banker said Wednesday.Bank of Korea (BOK) Gov. Kim Choong-soo said at a forum in Seoul that Korea should continue its efforts to dispel potential risks lurking in the financial system and draw up measures to smooth out cross-border capital movements.Since 2010, Korea has taken a set of macro-prudential steps as
Nov. 14, 2012
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S. Korea's jobless rate edges down in Oct.
South Korea's jobless rate inched down in October from a month earlier but job creation slowed sharply, raising worries that the labor market conditions remain sluggish, a government report showed Wednesday.According to the report by Statistics Korea, the jobless rate stood at 2.8 percent last month, down from 2.9 percent tallied in the previous month. The number of jobs added to the economy, however, decelerated markedly. About 396,000 jobs were added last month compared with a year earlier, do
Nov. 14, 2012
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Korea’s economy to grow 3.2% next year
The nation’s major economic think tanks and brokerages expect the Korean economy to grow an average of 3.2 percent next year.The forecast by 15 securities companies and think tanks is lower than a growth outlook of 3.6 percent offered by the International Monetary Fund in October.The Finance Ministry projected Korea’s economy to grow at 4 percent, while major foreign investment banks on average expected a 3.1 percent growth rate.Analysts said the think tanks estimated the bearish outlook because
Nov. 13, 2012
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Protectionism defines battle between Samsung, Apple
“Designed for humans.” That’s Samsung tagline for the Galaxy S3, and it’s sure to include all humans, even the Americans, despite Samsung being at legal loggerheads with Apple Inc., one of the most quintessentially American companies around. As Koreans, it’s hard not to be conscious of the nationality of the two companies, and the finale ― particularly how the appeal in the U.S. turns out ― will prove just how significant a part nationality played in this cross-border legal drama that’s just tak
IndustryNov. 13, 2012
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Doosan Heavy takes over water treatment firm
Doosan Heavy Industries & Construction Co., South Korea’s leading power equipment maker, said Tuesday that it has acquired a British water treatment firm in a bid to strengthen its desalination business.Doosan Heavy did not reveal financial terms of the takeover of Enpure Ltd.Enpure, established in early 1970, provides process engineering solutions for the energy, water, solid waste, and industrial sectors, and posted sales of 100 billion won ($91.7 million) in 2011, according to Doosan Heavy.En
IndustryNov. 13, 2012