Most Popular
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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Seoul blanketed by heaviest Nov. snow, with more expected
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Seoul snowfall now third heaviest on record
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Samsung shakes up management, commits to reviving chip business
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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How $70 funeral wreaths became symbol of protest in S. Korea
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Why cynical, 'memeified' makeovers of kids' characters are so appealing
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BOK makes surprise 2nd rate cut to boost growth
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Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
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NewJeans to terminate contract with Ador
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Rainy season and skin problems
Many patients complain of skin problems during the warm and humid rainy seasons. During this season, the skin is more vulnerable to infection due to heat and humidity, which is ideal for the growth of microorganisms.The warmth and the humidity allow the rapid growth of fungi and bacteria, which are why some skin conditions are more prevalent during the rainy season. We will now look into some common skin conditions which can develop during the rainy season.Athlete’s footAthlete’s foot is common
TechnologyJuly 19, 2012
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Highly anticipated weight-loss pill wins approval
WASHINGTON (AP) ― A new weight-loss pill that many doctors consider the most effective of a new generation of anti-obesity drugs got the approval of the Food and Drug Administration on Tuesday.The pill, called Qsymia, was approved for patients who are overweight or obese and also have at least one weight-related condition such as high blood pressure, diabetes or high cholesterol.The drug offers hope for those who have failed to lose weight in other ways, but its path to approval also underscores
TechnologyJuly 19, 2012
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Things you might want to know about sepsis
How much do you know about sepsis?Probably not many Koreans are aware of the illness since the government has designated sepsis vaccination as mandatory. The threat and fear of sepsis is very low here. Still, there is always a chance of contracting the disease as improper wound or injury management can easily lead to it. Dr. Ron Daniels, a specialist physician at Critical Care and Anaesthesia and CEO of the Global Sepsis Alliance, shared some information about sepsis in his written interview wit
TechnologyJuly 19, 2012
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‘Economy’ of on-line game resembles real-life
Malicious rumors have caused the cost of materials to skyrocket and momentarily frozen the markets. Some materials are 100 times more expensive than they were a few months ago.This is not happening in Zimbabwe, where hyperinflation has run rampant, but in popular online games in Korea.Real-money trading in South Korea took off in the late 1990s with online game Lineage. Ten years later, the practice is firmly set among Korean gamers.The phenomenon is particularly noticeable in Blizzard Entertain
TechnologyJuly 19, 2012
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Exoplanet smaller than Earth discovered
Astronomers say a planet two-thirds the size of Earth and 33 light-years away may be the nearest world to our solar system smaller than our home planet.Only a handful of exoplanets smaller than Earth have been found beyond the sun so far, astronomers said, and UCF-1.01 is the first ever identified with the Spitzer space telescope -- pointing to a possible role for the orbiting astronomy platform in helping discover potentially habitable, terrestrial-sized worlds -- NASA‘s Jet Propulsion Laborato
TechnologyJuly 19, 2012
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Rare stellar magnetic ‘monster’ discovered
A fleet of X-ray telescopes in space has identified a rare breed of dead, spinning star that may be a pulsar or a magnetar, European astronomers say.Magnetars are a type of neutron star, the dead cores of massive stars that collapse in on themselves after burning up all their fuel and explode as dramatic supernovas, showing persistent X-ray emissions and the most intense magnetic fields known in t
TechnologyJuly 19, 2012
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Microsoft: Windows 8 will go on sale Oct. 26
Microsoft says Windows 8 will go on sale Oct. 26. The upgrade to its operating system is designed to work better with touch screens and on tablet computers.Microsoft announced the date in a blog post and at its annual sales meeting Wednesday. The software company had said earlier that Windows 8 would go on sale in October.Microsoft is releasing the software as a downloadable upgrade that day for P
TechnologyJuly 19, 2012
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Japan nuclear plant may be on fault
One of Japan's nuclear reactors may be sitting on an active geological fault at high risk of earthquake damage, the country's nuclear watchdog said Wednesday.Officials said the Nuclear and Industrial Safety Agency plans a survey at the Shika complex in Ishikawa prefecture, The Yomiuri Shimbun reported. Its operator, Hokuriku Electric, could be forced to find alternative sources of electricity for
TechnologyJuly 19, 2012
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Apple must publish notice Samsung didn’t copy iPad in U.K.
Apple Inc. was ordered by a judge to publish a notice on its U.K. website and in British newspapers alerting people to a ruling that Samsung Electronics Co. didn’t copy designs for the iPad.The notice should outline the July 9 London court decision that Samsung’s Galaxy tablets don’t infringe Apple’s registered designs, Judge Colin Birss said yesterday. It should be posted on Apple’s U.K. home page for six months and published in several newspapers and magazines to correct any impression the Sou
TechnologyJuly 19, 2012
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Lack of exercise hurts as much as smoking
A lack of exercise causes 1-in-10 deaths worldwide -- comparable to the negative impact of smoking, researchers say.The global study, published in The Lancet, found around 3-of-10 adults worldwide do not meet the recommended amounts of weekly activity -- 15-30 minutes a day of brisk walking.Within Europe, Malta was the most inactive -- 71 percent did no exercise -- followed by 68 percent in Serbia
TechnologyJuly 19, 2012
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S. Korea ranks 43rd in gold reserves
South Korea ranks 43rd in gold holdings, 13 notches higher from a year earlier, but its reserves remain relatively small compared with other nations, data showed Thursday.South Korea's gold holdings came to 54.4 tons as of July this year, the 43rd largest among 113 countries and organizations surveyed by the World Gold Council, an international body that offers key information about gold.South Kor
July 19, 2012
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Seoul shares open higher on U.S. gains
South Korean stocks got off to a strong start on Thursday, boosted by overnight rallies on Wall Street, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) jumped 27.2 points, or 1.52 percent, to 1,822.11 in the first 15 minutes of trading.U.S. stocks closed higher on Wednesday on the back of U.S. Fed chief Ben Bernanke's remarks and firm gains in technology shares.Blue chips led
July 19, 2012
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FTC expands CD rate probe to major banks
Antitrust watchdog sends investigators to Shinhan, Woori, Hana, KB KookminThe Fair Trade Commission has expanded its probe on the alleged collusion in setting certificate of deposit rates to major banks. The antitrust watchdog sent investigation teams on Wednesday to four banks ― Shinhan Bank, Woori Bank, Hana Bank and KB Kookmin Bank ― on suspicions that they fixed interest rates of three-month certificates of deposit. The move is a follow-up of the investigation into local brokerage firms on T
July 18, 2012
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Chaebol target of ‘economic democratization’
This is the first in a two-part series about economic democratization touted by political parties ahead of the December presidential election. ― Ed.About 70 percent of 1,200 global investors and traders told a survey that the present capitalist structure should be revamped during their participation in the last Davos Forum.The poll result seemingly reflected growing criticism of corporate greed in many countries, according to local research analysts.While international economists are suggesting
IndustryJuly 18, 2012
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Hyundai, Kia’s share of European market hits record
Korea’s leading automakers Hyundai Motor Co. and Kia Motors Co. saw their combined share of the European market hit an all-time high last month despite the region’s sluggish demand, industry data showed Wednesday.Hyundai and Kia’s market share reached 6.3 percent of Europe’s passenger car market in June, up from the previous 6.1 percent record in April, according to the data released by the European Automobile Manufacturers’ Association.Hyundai sold 44,803 units in June for a market share of 3.6
July 18, 2012
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Korea to demand China open kimchi, makgeolli market
Korea plans to call on China to open its domestic market to fermented food and beverages that cannot be formally sold due to the lack of sanitation guidelines, a senior government trade official said Wednesday.The request to allow shipments of such traditional Korean products as kimchi and makgeolli will be made at the bilateral working-level trade talks scheduled for next Tuesday, Deputy Trade Minister Lee Si-hyung told reporters.Kimchi is a spicy side dish made from fermented cabbage, radishes
July 18, 2012
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LG Uplus’ cloud platform for games
LG Uplus, the smallest of Korea’s telecom companies, has launched a cloud platform where users can access games that can be played on personal computers and smartphones.In a media presentation on Wednesday, LG Uplus vice president Chun Byung-wook unveiled the “C-Games” cloud platform with its strategic partners ― Korea Game Developers Association, Ubitus, a Taiwan-based software developer for cloud platforms, and Nvidia, a U.S. graphic processors developer. This marks the first time for a Korean
TechnologyJuly 18, 2012
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Prevention better than cure: GS chief
GS Group chairman Huh Chang-soo on Wednesday requested executive officials to boost their readiness against risk factors in this time of economic turmoil. “We have to build up diverse strategies and scenarios to respond promptly to the ever-changing business environment. And we should carry out the plans aggressively,” he said at a third-quarter meeting with some 150 ranking officials. The 63-year-old chief of the nation’s seventh-largest business group said the current global crisis is “unprece
IndustryJuly 18, 2012
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Korea facing deflationary risks: experts
Sluggish demand at home and abroad, slowing money flow add to deflation fears amid euro crisisKorea is facing rising deflationary concerns, experts said, as worsening external economic conditions weigh on the export-dependent economy and the property market slump draws out. Deflation, a decrease in the general price level of goods and services, is caused by many factors including a deflationary gap, in which total spending in an economy is insufficient to buy all the output that can be produced
July 18, 2012
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LG Chem sees boost in Q2 profit
LG Chem said Wednesday it posted about 5.99 trillion won ($5.24 billion) in sales and 503 billion won in operating profit in the second quarter, both boosted by increased sales in its information and electronic material and battery units.In its quarterly regulatory filing, the company said that its sales and operating profit from April to June went up 4.2 percent and 9.5 percent compared to the previous quarter. Its net profit, however, decreased 1.8 percent to 373.9 billion won.The information
IndustryJuly 18, 2012
