Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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New treatments emerging for prostate cancer
Prostate cancer is the most common cancer in men in the United States and the second most prevalent cause of death after lung cancer. There is data that about one out of every six men will be diagnosed with prostate cancer in the U.S. Recent Korean epidemiologic data also shows that the prostate cancer is the fifth-most common in men. Regarding the rate of increase in cancer, however, prostate cancer competes for first place with colorectal cancer in Korea. The prostate gland is a key part of th
TechnologyOct. 27, 2011
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Trans fat concerns spread to fertility
Junk food has never been considered healthy, but recent research paints an even gloomier picture: It could affect male fertility and fetal health. Doctors at Harvard University and the University of Murcia found that nutrition may have a direct impact on the male reproductive system. By studying the sperm samples of 188 men between the ages of 18 and 22, the team found that those with high trans fat intakes were at higher risk of infertility. Trans fat is an unhealthy substance, also known as tr
TechnologyOct. 27, 2011
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Writer Isaacson on Steve Jobs: 'I just listened'
NEW YORK (AP) — Steve Jobs told Walter Isaacson he wanted him to write his biography because he's good at getting people to talk. Jobs, it turns out, didn't need much prodding, secretive as he was about both his private life and the company he founded."I just listened," said Isaacson, whose bo
IndustryOct. 27, 2011
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YouTube making deals for original content: WSJ
NEW YORK, Oct 26, 2011 (AFP) - YouTube is teaming up with media companies to produce original content in its latest bid to boost the amount of professional material on the video-sharing site, The Wall Street Journal reported Wednesday.The newspaper said Google-owned YouTube is expected to announce a
TechnologyOct. 27, 2011
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Not your fault! Hormones linked to weight regain
NEW YORK (AP) _ Any dieter knows that it's hard to keep off weight you've lost. Now a study finds that even a year after dieters shed a good chunk of weight quickly, their hormones were still insisting, “Eat! Eat! Eat!”The findings suggest that dieters who have regained weight are not just slipping
TechnologyOct. 27, 2011
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Secrets of long life sought in DNA of the elderly
NEW YORK (AP) _ George Eberhardt turned 107 last month, and scientists would love to know how he and other older folks like him made it that far. So he's going to hand over some of his DNA.He's one of 100 centenarians taking part in a project announced Wednesday that will examine some of the oldest
TechnologyOct. 27, 2011
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S. Korean consumer sentiment rebounds in Oct.
SEOUL, Oct. 27 (Yonhap) -- South Korea's consumer confidence bounced back in October after staying below par for the last two months, the central bank said Thursday.The consumer sentiment index (CSI) -- a gauge of consumers' overall economic outlook, living conditions and future spending -- stood at
Oct. 27, 2011
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S. Korean economy grows 0.7 pct on-quarter in Q3
SEOUL, Oct. 27 (Yonhap) -- The South Korean economy grew at the slowest pace in three quarters in the third quarter on weaker consumer spending and faltering facility investment, the central bank said Thursday, showing that growth momentum cooled amid a global economic slowdown.Asia's fourth-largest
Oct. 27, 2011
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Samsung donates mobile classroom to S. Africa
Samsung Electronics donated the first solar-powered internet school for use in South Africa on Tuesday.The equipment was handed over to the Nelson Mandela Foundation in Boksburg, located in the northeastern region of the country. The solar-powered Internet school is a mobile classroom created from a shipping container. The classroom can hold up to 21 students at a time, and is features include a 50-inch electronic blackboard, solar-powered laptop computers with wireless internet connection and
IndustryOct. 26, 2011
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Korea growth may slow, pressing BOK to hold key rate longer
South Korea’s growth probably moderated in the third quarter as a faltering global economy damped demand for Asian exports, putting pressure on the central bank to extend a pause in raising rates.Gross domestic product expanded 0.6 percent from the second quarter, when it gained 0.9 percent, according to the median of 12 estimates in a Bloomberg News survey. The report will be released at 8 a.m. tomorrow in Seoul. From a year earlier, the economy grew 3.4 percent, according to the survey.Europe’
Oct. 26, 2011
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[Meet the CEO] BMW Korea CEO’s secret to long reign
Kim puts priority on communication, pride in staffMunich-based BMW Group regards Korea as one of the important markets for their global management despite its small portion in Korea of the automaker’s total sales worldwide.Apart from the boom in the import vehicle market in Korea, the automobile giant’s focus on Korea appears based on its strong confidence in its Korea branch CEO Kim Hyo-joon.Last year, personnel managers at the company’s German headquarters asked the 54-year-old Korean CEO to w
MobilityOct. 26, 2011
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Apple's new iPhone applies for gov't radio wave certificate
SEOUL, Oct. 26 (Yonhap) -- Apple Inc. applied for a radio wave certificate at a South Korean national agency for its new iPhone 4S on Wednesday, signaling an imminent domestic launch of its latest smartphone. An official at the National Radio Search Agency, which oversees and certifies th
TechnologyOct. 26, 2011
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[Briefly] Hyosung mulls building new ATM factory in China
Hyosung mulls building new ATM factory in ChinaHONG KONG (Yonhap News) -- South Korea’s Nautilus Hyosung Inc. is considering building a new plant in China as part of efforts to strengthen its status as a leading provider of automatic teller machines in the neighboring country, industry sources said Wednesday.The company’s Chinese subsidiary, Beijing Hyosung Computer Technology Co., is considering building the plant in an industrial zone in Weihai, a city in eastern Shandong Province, according t
Oct. 26, 2011
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Higher commodity costs feared to fuel inflation
International prices of key raw materials have been rebounding recently, data showed Wednesday, raising concerns South Korea could face growing inflationary pressure due to its heavy dependence on their imports.According to the data by the Korea Center for International Finance, the CRB index, a major gauge of raw material prices, came to 318.57 as of Monday, up 8.6 percent from Oct. 4 when it fell to 293.28, the lowest this year.The increase is driven mostly by price hikes of key raw materials
Oct. 26, 2011
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Finance minister urges swift approval of FTA with U.S.
South Korea’s top economic policymaker called for the swift ratification of the long-pending free trade agreement with the United States on Wednesday, saying that a further delay could eventually do more harm than good to the nation’s interests.The trade deal, known as the KORUS FTA, was signed in 2007 and supplemented in December of last year with minor modifications that mostly dealt with the auto industry. Recently, the U.S. Congress passed the deal and it has been awaiting approval from Sout
Oct. 26, 2011
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[Meet the CEO] BMW shows strong confidence in Korea branch CEO
Automaker puts value on three P’s -- product, people and partnersMunich-based BMW Group regards Korea as one of the important markets for their global management despite its small portion in Korea of the automaker’s total sales worldwide.Apart from the boom in the import vehicle market in Korea, the automobile giant’s focus on Korea appears based on its strong confidence in its Korea branch CEO Kim Hyo-joon.Last year, personnel managers at the company’s German headquarters asked the 54-year-old
MobilityOct. 26, 2011
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Expectations for KOSPI rebound
Improving outlook for eurozone and U.S. instills optimismKorea’s major brokerages forecast on Wednesday the KOSPI index might reach 2,100 by year-end, citing improving outlook on the eurozone debt crisis and a faster-than-expected recovery of the U.S. economy.The main index recouped its losses this month, rising quickly from 1,650 to around 1,900, on the expectations that the protracted sovereign debt crisis in the eurozone might find a breakthrough sooner than earlier predicted. The rapid rise
Oct. 26, 2011
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Korean firms brace for economic uncertainties
Companies cut costs, postpone investment to secure liquid capitalAs uncertainties over next year’s economic outlook increase, fueled by fluctuating exchange rates and Europe’s financial instability, domestic firms are tightening their purse strings.The executives of the country’s largest shipping firm Hanjin Shipping Co. recently decided to return 10 percent of their annual salaries this year, while Korean Air is taking applications for voluntary redundancy in an effort to cut costs.The country’
IndustryOct. 26, 2011
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Samsung, Ambarella expand partnership in digital camera chips
Samsung Electronics Co. said Wednesday that it began to supply digital camera chips for Ambarella Inc., an image-processing semiconductor company in the U.S., further expanding their cooperation in the foundry business.Samsung’s foundry team started manufacturing Ambarella’s 32-nanometer System on Chips and A7L for high-definition digital cameras, Samsung said in a statement.The company’s foundry business, which fabricates chip designs of other companies that do not have a semiconductor fabricat
IndustryOct. 26, 2011
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Beer, soju consumption bounces back
South Korean consumption of beer and soju has made a comeback in 2011 after three straight years of negative growth, a trade association said Wednesday.The Korea Alcohol and Liquor Industry Association said beer shipments reached just under 1.25 million kiloliters in the first eight months of this year, up 3 percent from a year earlier.Shipments of soju, a local distilled beverage made from rice and other starches, also grew 1 percent on-year to 809,891 kiloliters.“Both beer and soju consumption
Oct. 26, 2011