Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Opposition chief acquitted of instigating perjury
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Job creation lowest on record among under-30s
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Korean stocks to lose ground on U.S. woes next week
South Korean shares will likely lose ground next week despite growing hopes of a solution for the European debt crisis as concerns over a U.S. economic slowdown will cause downward pressure, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 1,769.65 on Friday,
Oct. 1, 2011
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Korea's trade surplus shrinks to $1.44 bln in Sept.
South Korea's trade surplus shrank significantly from a year earlier in September as imports grew faster than exports, the government said Saturday.The country's trade surplus reached US$1.44 billion last month, down from $4.41 billion in the same period last year, according to the Ministry of Knowl
Oct. 1, 2011
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Industrial output shrinks for second month in Aug.
South Korea’s industrial output shrank for the second straight month in August amid growing uncertainties surrounding global market situations, a government report showed Friday.According to the report by Statistics Korea, production in the mining and manufacturing industries fell 1.9 percent last m
Sept. 30, 2011
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Hyundai Motor names Kim as new president
Kim Choong-hoHyundai Motor president and co-CEO Yang Seung-suk has resigned for personal reasons and Kim Choong-ho, chief of domestic sales, will take over as new head of the automaker, the company said on Friday.Kim, 60, will be in charge of domestic sales, marketing and business strategy, part of
MobilitySept. 30, 2011
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[URGENT] Hyundai Motor president resigns
Hyundai Motor president and co-CEO Yang Seung-suk has resigned for personal reasons and Kim Choong-ho, chief of domestic sales, will take over as new president for the automaker group, the company said on Friday.Kim Choong-hoKim, 60, will be in charge of domestic sales, marketing and business strate
MobilitySept. 30, 2011
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Samsung Electronics may post 3.5 trillion won in profit for Q3
Samsung Electronics, Asia’s largest technology company, pulled off record earnings last year, but its revenue and operating income for 2011 might underperform heightened expectations, analysts said on Friday.Samsung posted an operating profit of 17.3 trillion won ($14.7 billion) on revenue of 154.6
TechnologySept. 30, 2011
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Korea to monitor prices of products influenced by forex
South Korea will closely monitor products whose prices could be influenced by currency exchange rates as part of its efforts to bring the nation’s runaway inflation under control, the top economic policymaker said Friday.The remarks by Finance Minister Bahk Jae-wan came amid worries that the won’s r
Sept. 30, 2011
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Sempio to unveil soy sauce cotton candy
Local condiment maker Sempio Foods Co. said Friday it would unveil its soy sauce cotton candy on Sunday. In Japan, ice cream and candies that use soy sauce have already been enjoyed. But it is the first time in the world that cotton candy has been made of soy sauce, the company said. Based on the id
IndustrySept. 30, 2011
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FTC, retailers in discord over shared growth
Major department stores on Friday expressed concerns about antitrust authorities’ inspections into their shared-growth efforts with smaller businesses that could start as early as on Oct. 4. Early last month, the Fair Trade Commission reached an agreement with 12 department stores, supermarket chain
IndustrySept. 30, 2011
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Humidifier sterilizer alert issued
The Korea Consumer Agency on Friday urged Koreans to refrain from using humidifier sterilizers, which have been blamed for mysterious deaths of five infants and a pregnant woman. The Korea Centers for Disease Control and Prevention is looking into 28 cases of lung disease with an unidentified cause
IndustrySept. 30, 2011
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LG Display stresses localization in China
HONG KONG (Yonhap News) -- South Korea's LG Display Co. said Friday localization is a priority in its China business in order to further expand its presence in the world's No. 2 economy."For LG Display, China is not a mere market" said Lee Bang-soo, LG Display's vice-president of public affairs and
Sept. 30, 2011
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NASA identifies 90% of largest near-Earth asteroids
LOS ANGELES (AP) -- If you're worried about a killer asteroid wiping out Earth, NASA has some good news.The space agency said Thursday it has identified more than 90 percent of giant, potentially Earth-threatening asteroids, including ones as big as the one thought to have killed the dinosaurs eons
TechnologySept. 30, 2011
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Three medical students sentenced to prison for sexual abuse
Three former medical students from one of South Korea's most prestigious universities were sentenced to jail on Friday for sexually harassing an inebriated female schoolmate during a trip. (Yonhap News)The Seoul Central District Court sentenced a 23-year-old male student surnamed Park, one of
TechnologySept. 30, 2011
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'Alarm clock' gene identified
The human body has a so-called alarm clock gene that wakes up even if one hasn’t set the bedside alarm, U.S. researchers say.Researchers at the Salk Institute for Biological Studies in La Jolla, Calif., said they identified a new component of the biological clock, a gene responsible for starting the
TechnologySept. 30, 2011
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If you're happy and you know it, did you tweet?
WASHINGTON (AP) — Twitter confirms it: People tend to wake up in a good mood and are happiest on weekends.The fast-paced forum is offering scientists a peek at real-time, presumably little-filtered human behavior and thoughts. Cornell University researchers turned to the microblog to study moo
TechnologySept. 30, 2011
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Korea August output suggests slowing growth
South Korea's industrial output rose at a slower than expected pace in August, official figures showed Friday, as the uncertain global economic outlook took its toll on local manufacturers.Output rose 4.8 percent from the same month a year earlier, compared with an average forecast for 7.0 percent g
Sept. 30, 2011
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China launches module for space station
BEIJING (AP) — China launched an experimental module to lay the groundwork for a future space station on Thursday, underscoring its ambitions to become a major space power over the coming decade.The box car-sized Tiangong-1 module was shot into space from the Jiuquan launch center on the edge
TechnologySept. 30, 2011
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Medipost aims to dominate global biopharmaceutical industry
Firm specializing in cord blood expands business to develop stem-cell treatmentsIn the early 2000s, Korea was basking in the biotechnology boom thanks largely to advanced stem cell research. Strong government support led many research centers to open up bio-related facilities including cord blood ba
IndustrySept. 29, 2011
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Korean patent office to export IP automation
KIPO gains foothold in African marketThe Korean Intellectual Property Office will develop an automated patent information system for the African Regional Intellectual Property Organization, Korea’s patent office announced Thursday.According to the KIPO, its commissioner Lee Soo-won signed a memorand
IndustrySept. 29, 2011
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Scientists warn of carcinogens in fruit juice
Scientists from the University of Copenhagen warned that fruit juices drunk by millions of children each day could contain a harmful chemical linked to cancer, the Daily Mail newspaper quoted Tuesday. Researchers have found high levels of antimony ― which can be lethal in large doses ― in many popul
TechnologySept. 29, 2011
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