Most Popular
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Samsung entangled in legal risks amid calls for drastic reform
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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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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
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Samsung shakes up management, commits to reviving chip business
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K-pop fandoms wield growing influence over industry decisions
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Korea's auto industry braces for Trump’s massive tariffs in Mexico
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Eurozone woes may hurt Korean exports: think tank
The eurozone’s fiscal troubles could seriously hurt South Korea’s exports and cause a slow down in economic growth, a private think tank said Thursday.The Hyundai Research Institute said persistent fiscal troubles facing European Union countries such as Greece are affecting worldwide trade.“If the EU cuts back on imports, this will have direct bearing on South Korea and could even cause a hard landing for the country’s exports,” it said. Europe accounted for 9.5 percent of South Korea’s trade la
May 24, 2012
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Shares gain on eurozone optimism
South Korean stocks rose 0.32 percent Thursday as investor sentiment was buoyed by a European Union move to tackle its fiscal problems and prevent Greece from defaulting on its debt, analysts said. The local currency fell against the U.S. dollar.After choppy trading, the benchmark Korea Composite Stock Price Index added 5.85 points to 1,814.47. Trading volume was light at just 400 million shares worth 3.47 trillion won ($2.94 billion), with gainers outpacing losers 415 to 376.“Conditions surroun
May 24, 2012
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NCL Environ eyes global growth with ‘77’ cleaning product
NCL Environ is looking to expand overseas with its newly developed product “NCL 77.”The Korean industrial cleaning solution firm is a subsidiary of the U.S.-based National Chemical Laboratories.It said that the Korean company had received interest from countries such as China, Japan and Australia for product dealership and cleaning services. NCL Environ plans not only to provide its cleaning product and services but also NCL’s chemical products to its overseas potential clients through franchise
TechnologyMay 24, 2012
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Possible legislation of labor laws favoring workers concern firms
Working restrictions on holidays picked as most concerning factor among HR executivesThe most concerning factor among human resource executives in Korea is pending labor laws restricting employers to make their employees work on holidays.In a survey of some 300 executives at Korean companies by The Korea Chamber of Commerce and Industry, over 53 percent voiced such concern over the issue which is expected to be discussed at the National Assembly next month.The law may also include making compani
May 24, 2012
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Hyundai Heavy Industries donates electric power stations to Ecuador
Hyundai Heavy Industries said that it has donated two electric power stations to Ecuador in an effort to help the South American nation combat an electricity shortage.The Ulsan-based Korean shipbuilding giant held a ribbon-cutting ceremony Thursday on Ecuador’s Santa Cruz Island, part of the larger Galapagos island chain, to commemorate the event. Hyundai Heavy Industries vice president Kim Jung-hwan, Ecuador’s Electricity Minister Esteban Albornoz, Galapagos Gov. Jorge Torres and other official
IndustryMay 24, 2012
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Samsung unveils printers with proprietary chip
Samsung Electronics on Thursday unveiled its first line of laser multifunction printers equipped with the firm’s proprietary chip, aiming to take 30 percent of the global business-to-business printer market.Nam Seong-woo, executive vice president of IT solutions at Samsung, said the firm will release 11 new models ― four A3 multifunction printers and seven A4 laser printers ― for this year at a launch event in southern Seoul.The A3 multifunction printers are large printers designed for business
IndustryMay 24, 2012
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KT receives top award for LTE technology
KT said Thursday it received the top prize for a Long Term Evolution network operator at an awards ceremony held by Informa Telecoms and Media.At the LTE Awards 2012 in Barcelona the country’s biggest fixed-line service provider received the award for “Most Significant Development for Commercial LTE Network by an Operator” for its network technology LTE WARP, its officials said. The event took place on the sidelines of the LTE World Summit 2012.“We’re delighted that the competitiveness of KT’s t
IndustryMay 24, 2012
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Incheon airport still hungry for growth
Korea’s main gateway named world’s best airport for seven consecutive yearsSINGAPORE ― Lee Chae-wook, CEO of Incheon International Airport Corp., may have had a feeling of dj vu on Wednesday when he was congratulated by Airports Council International for Incheon winning the World’s Best Airport title this year. Korea’s main gateway has topped the non-profit association’s annual airport service quality report for the seventh year running, followed by Singapore and Beijing. Since the industry’s to
IndustryMay 24, 2012
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McDonald’s names new Asia-Pacific chief
McDonald’s Corp. appointed Dave Hoffmann, a senior vice president of the company's Asia/Pacific, Middle East and Africa operations to president of the region.Hoffmann, a 16-year McDonald's veteran, succeeds Tim Fenton who recently was promoted to McDonald’s chief operating officer.McDonald’s CEO-elect Don Thompson, who replaces retiring CEO Jim Skinner, said, “Throughout his career, Dave has demonstrated outstanding leadership and strategic insight. Jim and I are very confident in Dave’s abiliti
IndustryMay 24, 2012
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U.S. suggests lung cancer CT scans, but only for high-risk groups
CHICAGO (AP) ― New lung cancer screening guidelines from three medical groups recommend annual scans but only for an older group of current or former heavy smokers.The advice applies only to those aged 55 to 74. The risks of screening younger or older smokers or nonsmokers outweigh any benefits, according to the guidelines.About 8 million Americans would be eligible for screening under the new criteria, and if all of them got the scans, about 4,000 lung cancer deaths per year could be prevented,
TechnologyMay 24, 2012
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4 hospitals, Abu Dhabi sign for patient referral and transfer
Four local hospitals signed a special pact with Health Authority-Abu Dhabi on patient referral and transfer, the Ministry of Health and Welfare said Wednesday.Severance Hospital will specialize in bone cancer, Ewha Womans University Medical Center in gynecological cancers, Cha Medical Center in infertility, and Wooridul Hospital in spinal treatments when the Abu Dhabi administration requests patient referral and transfer. The hospitals and four others ― Samsung Seoul Hospital, Seoul National Uni
TechnologyMay 24, 2012
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Study: Simple scope exam cuts colon cancer deaths
A simple, cheaper exam of just the lower part of the bowel can cut the risk of developing colon cancer or dying of the disease, a large federal study has found.Many doctors recommend a more complete test ― colonoscopy ― but many people refuse that costly, unpleasant exam. The new study shows that the simpler test, flexible sigmoidoscopy, can be a good option. Although it may seem similar to having a mammogram on just one breast, experts say that even a partial bowel exam is better than none.As o
TechnologyMay 24, 2012
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Born to run barefoot? Some end up injured
LOS ANGELES (AP) ― Swept by the barefoot running craze, ultramarathoner Ryan Carter ditched his sneakers for footwear that mimics the experience of striding unshod.The first time he tried it two years ago, he ran a third of a mile on grass. Within three weeks of switching over, he was clocking six miles on the road.During a training run with a friend along a picturesque bike path near downtown Minneapolis, Carter suddenly stopped, unable to take another step. His right foot seared in pain. “It w
TechnologyMay 24, 2012
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Coffee’s effects on the body
Caffeine is a substance found in food and pharmaceutical products that exerts various biological effects on the body. About 3/4 of the caffeine that we consume comes from coffee. Coffee made from coffee beans contains the highest level of caffeine and one cup of black coffee has approximately 103-112mg of caffeine. A single cup of the instant coffee commonly consumed in Korea contains approximately 60 mg of caffeine. Assuming that one cup of coffee contains two teaspoons of ground coffee, a sing
TechnologyMay 24, 2012
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What to know about generic Viagra
As the main patent for Viagra has expired, generic versions of the “blue magic pill” are expected to rush into pharmacies. The release of generics is expected to give wider and easier access to treatment for people suffering from erectile dysfunction, since prices are expected to be far lower than for the original drugs. According to the Korea Food and Drug Administration, a total of 28 generics produced by 15 domestic pharmaceutical companies have passed bioequivalence tests and are awaiting re
TechnologyMay 24, 2012
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Kitten freed after getting her head stuck in tire
A 10-week-old kitten that got her head stuck in a car wheel was rescued after one hour of struggle. The stray cat was discovered by a man living in Sparkbrook, Birmingham, who heard a desperate meowing and contacted one of the U.K.’s animal welfare charities, The Royal Society for the Prevention of Cruelty to Animals. Rescuers from the RSPCA tried to pull her out of the spare tire but failed. “I t
TechnologyMay 24, 2012
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Ohio man's fossil find in Kentucky stumps experts
(AP photo)Experts are trying to figure out what a fossil dubbed "Godzillus" used to be.The 150-pound fossil recovered last year in northern Kentucky is more than 6 feet long and 3 feet wide. To the untrained eye, it looks like a bunch of rocks or a concrete blob. Experts are trying to determine whether it was an animal, mineral or a form of plant life from a time when the Cincinnati region was und
TechnologyMay 24, 2012
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Babies of smoking moms get help from vitamin C
Pulmonary function of babies born to women who smoked during pregnancy was significantly improved if the women took vitamin C, U.S. researchers say.Dr. Cindy McEvoy, associate professor of pediatrics at Oregon Health & Science University Doernbecher Children's Hospital, said the study involved newborns of 159 smokers and randomized them to daily vitamin C -- 500 milligrams or placebo -- before 22
TechnologyMay 24, 2012
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Racing models highlight Busan motor show
The Busan International Motor Show 2012 kicked off at BEXCO in Busan, with glamorous racing models highlighting the press-only event on Thursday.While chief executives of global carmakers are scheduled to hold a series of press conferences Thursday, the auto fair will be open to the public for 10 days starting Friday. This year’s fair will be the largest ever. It will showcase 173 vehicles, encomp
MobilityMay 24, 2012
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Angry Diablo 3 users demand refund over server lag
The highly celebrated launch of online game Diablo 3 is rapidly turning into a consumer nightmare as thousands of users are demanding refund over server lags.South Korea’s Fair Trade Commission official said Wednesday it has received between 111 and 175 Diablo 3-related complaints per day in the past few days, according to news reports. The official added that the average number complaints received every day is about 150.The Fair Trade Commission vowed it will "look into the situation," but did
May 24, 2012