Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Golden chance to liquidate babies’ gold rings?
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Inflation eases in April, continues bumpy ride
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul to more than double military drones by 2026 to counter NK threats
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Seoul alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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Youngsters growing tired of social media
Youngsters are growing tired of social networking services including Facebook, You Tube and Twitter, according to a survey. In research conducted by marketing company Gartner, the frequency of total visits to those websites is ever-decreasing, while one out of four users between 18 and 29 said the o
TechnologyAug. 16, 2011
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Coffee's anti-cancer link explained: study
WASHINGTON (AFP) - Coffee has been shown to reduce the risk of skin cancer by helping kill off damaged cells that could otherwise turn into tumors, according to a US study published on Monday.The findings indicate that moderate caffeine drinking, or perhaps even applying coffee to the skin, could be
TechnologyAug. 16, 2011
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Studies show 15 minutes of daily exercise can help
LOS ANGELES (AP) -- Don't despair if you can't fit in the recommended 30 minutes of daily exercise. Growing evidence suggests that even half that much can help.It's still no excuse to slack off. Regular exercise strengthens muscles, reduces the risk of some diseases and promotes mental well-be
TechnologyAug. 16, 2011
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Google's patent play: $12.5b for Motorola Mobility
SAN FRANCISCO (AP) -- It may be boldest move yet by a company known for being audacious: Google is spending $12.5 billion to buy Motorola Mobility. But the big prize isn't Motorola's lineup of cellphones, computer tablets and cable set-top boxes. A Motorola Mobility Xoom tablet is shown at Google he
IndustryAug. 16, 2011
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Europe accounts for half of foreign selling in Korea
Fitch, S&P to visit Seoul for yearly assessmentForeign investors pulled investments worth about 5 trillion won ($4.6 billion) out of Korea’s stock market over the past two weeks amid the fiscal woes in Europe and the United States.Funds from Europe accounted for more than 50 percent of the capital o
Aug. 15, 2011
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More SMEs warm to shared growth
The number of small and medium sized enterprises positively rating the government-led shared growth drive has almost doubled since the introduction of a comprehensive plan last year, the Ministry of Knowledge Economy said Monday.The government implemented a comprehensive plan for supporting shared g
IndustryAug. 15, 2011
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LGE ships record amount of smartphones
LG Electronics has shipped a record amount of smartphones in the second quarter of this year to step closer to its goal of rejoining the ranks of top-tier phone makers, sources said on Monday. The world’s third-largest handset maker showed a 590 percent increase in its shipment of smartphones in the
IndustryAug. 15, 2011
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Conglomerates’ market cap slips near 20%
The sharp decline triggers concerns of revisit of 2008 financial crisisThe nation’s top 10 conglomerates’ market capitalization declined significantly, by about 130.46 trillion won ($120.59 billion) in the aftermath of the latest stock market volatility.The amount, tallied as of Aug.12, was roughly
Aug. 15, 2011
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Korea, China may begin FTA talks to boost exports
South Korea and China may start talks on a free trade agreement to increase the export of goods and services between the two countries, South Korean Trade Minister Kim Jong-hoon said. “This can be a win-win,” Kim said Aug. 13 in Manado, Indonesia, where he attended a meeting of Association of Southe
Aug. 15, 2011
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Woori privatization hits further snag
The process of privatizing Woori Financial Group may once again be stalled with Vogo Fund hinting that it will not take part in the preliminary bids for the financial group.The Korea Deposit Insurance Corp. currently holds 56.97 percent of Woori Financial Group. The state-run firm plans to sell more
Aug. 15, 2011
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Debt crisis may rekindle ‘currency war’
Skepticism over G20 pledge to refrain from manipulation is growingThe latest fiscal woes in Europe and the U.S. are expected to invite wider skepticism on the efficacy of the Group of 20 meetings despite pledges from the G20 members for coordinating their efforts to weather global economic difficult
Aug. 15, 2011
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83-year-old woman gets breast implants
83-year-old woman gets breast implantsAn 83-year-old American woman had a breast implant surgery last month to improve her appearance, the New York Times reported.Marie Kolstad, from California, has four children, 13 grandchildren and 12 great-grandchildren.“Physically, I’m in a good health, and I j
TechnologyAug. 15, 2011
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Luxury brands sold more despite economic woes
The demand for luxury goods is heating up among deep-pocketed Korean shoppers despite lingering global economic uncertainties, as shown in the sales data from global luxury brands. Sales of Louis Vuitton, Chanel, Hermes, Prada and Gucci in Korea jumped 17 percent to 78.4 billion won ($72.5 million)
IndustryAug. 15, 2011
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Strange planet is blacker than coal
PARIS (AFP) -- A planet orbiting a distant star is darker than coal, reflecting less than one percent of the sunlight falling on it, according to a paper published on Thursday.The strange world, TrES-2b, is a gas giant the size of Jupiter, rather than a solid, rocky body like Earth or Mars, ast
TechnologyAug. 15, 2011
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Korea frets over economic woes in Western markets
Global financial woes may undermine Korea’s industrial growth and private consumptionThe growing global financial woes in the wake of the European debt crisis and the downgrade of the U.S. sovereign rating may deal a blow to Korea’s economy, amplifying the uncertainties and fluctuations of the natio
Aug. 14, 2011
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Refiners, vendors rage at government
The government is facing fresh controversy as local refiners and gas station owners vent fury at the government’s push to curb fuel prices.The Ministry of Knowledge Economy has been striving to contain runaway petrol prices in the wake of rising inflation.Despite a recent decline amid conc
IndustryAug. 14, 2011
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Hyundai Steel to buy equipment from China Erzhong
Hyundai Steel Co. said Sunday it had forged a contract to buy thick plate rolling mills from China National Erzhong Group Co. for an ongoing project to expand its plant in Dangjin, South Chungcheong Province.Under the deal, the Chinese company will supply 33 billion won ($30.5 million) worth of roll
IndustryAug. 14, 2011
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LGE teams up with government to nurture software personnel
Program invites university students to software research projectsLG Electronics on Sunday said it will be working jointly with the government to help nurture software personnel. Until Aug. 26 the Seoul-based electronics company will receive applications for an IT software research study project in t
IndustryAug. 14, 2011
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Sempio soy sauce replacing salt in Russia
This is the second installment in a series that spotlights Korean products enjoyed by people abroad. ― Ed. Katya, a 38-year-old mother who lives in Vladivostok, Russia, prefers to use soy sauce of Sempio Foods Co., a Korean condiment maker, rather than salt. “Korean soy sauce adds not just saltiness
IndustryAug. 14, 2011
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Ball in Seoul court in Apple vs. Samsung battle
Korean courts to face tough call caught between two rivalsAs Samsung Electronics is poised to appeal the latest decision from a German court to ban the sale of its Galaxy Tab 10.1 in the European Union, all eyes are on the next phase of the patent battle. How the Seoul courts rule will be key in the
IndustryAug. 14, 2011