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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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Job creation lowest on record among under-30s
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Opposition chief acquitted of instigating perjury
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BMW draws growing complaints in Korea
A growing number of Korean drivers have complaints about BMW vehicles even as the carmaker is securing the No. 1 position in sales among foreign automakers in the local market.According to the Korea Consumer Agency, BMW Korea saw its sales come to 17,072 units for the first seven months of the year,
MobilitySept. 4, 2011
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Handbags beat loans as Hermes overtakes SocGen
If only French banks had the allure of a Parisian maker of $8,000 handbags.The chart of the day shows how Hermes International SCA, maker of Birkin bags and the best performer this year in France’s SBF-120 Index, has overtaken Societe Generale SA, the country’s second-biggest bank, by market value.
IndustrySept. 4, 2011
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S. Korean economic growth to slow to 4.1 pct this year: think tank
SEOUL, Sept. 4 (Yonhap) -- South Korea's state-run think tank on Sunday revised down its 2011 growth project for the local economy to 4.1 percent, saying that the global economic slowdown will likely hurt the country's exports.The revised estimate of Asia's fourth-largest economy is compared with a
Sept. 4, 2011
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China's workers most likely to call in "sick": survey
IndustrySept. 3, 2011
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New Mars site more favorable for life: scientists
WASHINGTON - A new site being explored by the Mars rover Opportunity has yielded soil samples unlike any examined before on the red planet and that appear more favorable for life, scientists said Tuesday. Opportunity, the indefatigable robot that has been exploring Mars for seven and a half years, a
TechnologySept. 3, 2011
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Chinese shoppers go for Korea’s goods, culture and property
Outside Dongwha Duty Free Shop in the center of Gwanghwamun, central Seoul, rows of tour buses lined up in the parking lot demonstrate China’s ever-growing thirst for Korea. Tourists wait for their tour bus after shopping at Dongwha Duty Free Shop in Gwanghwamun on Thursday. Lee Sang-sub/The Korea H
IndustrySept. 2, 2011
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Sorento boosts Kia sales in U.S.
Kia Motors saw its sales exceed 300,000 units in the United States for the first eight months of this year, thanks to growing popularity of the crossover utility vehicle Sorento R.The automaker said Friday that it sold 41,188 vehicles in the U.S. market in August to post 331,796 units in sales this
MobilitySept. 2, 2011
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Regulator seeks to slash banking fees
The Financial Supervisory Service plans to unveil a series of measures to protect consumer rights and ease the burden of low- and middle-income households, starting next week.Among other things, the financial regulator is considering putting pressure on commercial banks to slash a variety of service
Sept. 2, 2011
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LG aims for No. 1 in home appliance market in Europe
BERLIN ― An executive at LG Electronics declared Friday that the company will position itself as the top home appliance brand in the European market by 2015.In a press conference held on the sidelines of IFA 2011, Lee Young-ha, president of the company’s home appliance division, said it aims for a t
IndustrySept. 2, 2011
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Samsung confident of outpacing Apple, Google in software
BERLIN ― Samsung Electronics’ vice chairman Choi Gee-sung expressed confidence Friday that the company will take the lead in the global software industry in two years, dismissing rumors that it will take over the PC unit of Hewlett-Packard.“People are posting concerns that Samsung isn’t in the lead
IndustrySept. 2, 2011
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Mars rover Opportunity studying new surroundings
LOS ANGELES (AP) -- The Mars rover Opportunity is snapping pictures like a tourist since arriving at its latest crater destination, much to the delight of scientists many millions of miles (kilometers) away.The solar-powered workhorse beamed back images of the horizon, soil and nearby rocks that are
TechnologySept. 2, 2011
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Space junk littering orbit; might need cleaning up
WASHINGTON (AP) — Space junk has made such a mess of Earth's orbit that experts say we may need to finally think about cleaning it up.That may mean vacuuming up debris with weird space technology — cosmic versions of nets, magnets and giant umbrellas, according to the chairman of an expe
TechnologySept. 2, 2011
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Scientists develop optical film to produce 3D images
South Korean scientists said Friday that they have developed an optical film that enables ordinary displays to show images in three dimensions (3D).The Seoul National University (SNU) team said the special film uses the Lucius prism array principle to get an effect similar to the one created by view
TechnologySept. 2, 2011
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LG, Philips, Sharp join hands to boost smart TV apps
Major TV makers LG Electronics Inc., Royal Philips Electronics and Sharp Corp. agreed to join forces to ramp up applications for Internet-powered televisions, hoping that the expansion of the TV ecosystem would fuel demand for smart TVs, the Korean firm said Thursday.The three companies from South K
Sept. 1, 2011
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LG Uplus to cut mobile tariff by 1,000 won
South Korea‘s smallest mobile operator LG Uplus Corp. said Thursday that it will reduce its mobile-phone rates by 1,000 won starting in November, joining its two bigger rivals, which gave into government pressure to cut mobile fees.LG Uplus will start charging 10,900 won as its basic mobile-phone ra
Sept. 1, 2011
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Hyundai Oilbank launches oil upgrading facility
Hyundai Oilbank Co. said Thursday it has entered into full-fledged operation of its second heavy oil upgrading plant in a bid to gain an upper hand in the lucrative market.Located in Daesan, South Chungcheong Province, the new facility has been test-running since the completion of construction in Ja
IndustrySept. 1, 2011
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Trouble signs for economy
By Yang Sung-jinSouth Korea’s consumer prices surged at the fastest pace in three years in August and trade surplus shrank sharply as its soaring imports outpaced export gains, data showed Thursday. The double whammy has set alarm bells ringing over the Korean economy amid lingering worries about t
Sept. 1, 2011
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[News Focus] SKT may face difficulty financing Hynix acquisition
Telecom giant also needs huge investment for new radio spectrum and platform division spin-offFew raised doubts over SKT’s financing when the nation’s top mobile carrier submitted its letter of intent early July to acquire a 15 percent stake of the world’s second biggest computer memory chipmaker Hy
IndustrySept. 1, 2011
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Bulgogibrothers to open first overseas store in Manila
Bulgogibrothers, a local franchise specializing in Korean barbeque, said Thursday it will open its first overseas store in the Philippines on Sept. 8.The bulgogi store will be the first hansik, or Korean food, restaurant located in the city of Makati, the financial center of Manila, the company said
IndustrySept. 1, 2011
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Ssangyong, Renault lead sales growth
Ssangyong Motor and Renault Samsung Motors have taken the lead in vehicle sales growth in August, surpassing competitors Hyundai Motor, Kia Motors and GM Korea.Ssangyong Motor saw its sales surge 54.6 percent in August from a year earlier on the back of brisk exports and steady domestic demand.It so
MobilitySept. 1, 2011
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