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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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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S. Korea's current account surplus hits 9-month high in July
South Korea's current account surplus increased to the highest level in nine months in July as exports hit a record high even amid global economic uncertainty, the central bank said Monday.The current account surplus reached US$4.94 billion in July, more than doubling from a revised $2.03 billion th
Aug. 29, 2011
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Three decades of arduous struggles against HIV/AIDS epidemic
In the three decades since HIV and AIDS were first identified, patients, activists and medical researchers have been struggling against not only the disease itself but also the social stigma it brings.Thanks to their strenuous efforts, AIDS is now perceived as a chronic illness rather than a death s
TechnologyAug. 28, 2011
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U.S. air travel disrupted
By Shin Hyon-heeHurricane Irene triggered cancellations of thousands of flights over the weekend as the storm raced up the United States’ northeastern shore. Korean Air, Korea’s top airline, pre-canceled its routes to and from New York on Saturday and Sunday, and delayed Washington-bound services by
IndustryAug. 28, 2011
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Kia hybrid seeks Guinness record
Kia Motors Corp., South Korea’s second-largest automaker, said Friday that its Optima hybrid mid-size car will try to set a new Guinness World Record for the best mileage car by driving through the United States.The Guinness challenge started with an Optima sedan leaving its production plant in West
MobilityAug. 28, 2011
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BMW expects Mercedes-Benz to start 2012 as top seller
Bayerische Motoren Werke AG’s BMW, on a pace to become the top-selling luxury auto brand in the U.S. this year, will probably be outsold by Daimler AG’s Mercedes-Benz early next year, a top executive said. Updated C-Class compact Mercedes models will go on sale later this year and probably mak
MobilityAug. 28, 2011
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Prejudice about HIV/AIDS persists
Experts say continuing stigma makes medical situation worseBUSAN ― Despite advancements in treatment, the struggles of people living with HIV/AIDS will never end as long as stigma and discrimination against them continues, activists and medical researchers said during an international forum here las
TechnologyAug. 28, 2011
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‘Break your silence and speak out’
BUSAN ― Leaders at the forefront of global endeavors to combat HIV/AIDS called on those suffering from the epidemic to break their silence and speak out during an international forum here last week. They also stressed that an embracive social, legal environment is crucial to help them come out and g
TechnologyAug. 28, 2011
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Starbucks to sell VIA instant coffee in Korea
Korean consumers will be able to enjoy sipping instant coffee offered by Starbucks from next month, the Seattle-based company’s Korean branch said Sunday. The Korean introduction of the Starbucks VIA Ready Brew is scheduled for Sept. 16 at 363 Starbucks coffee houses here, Starbucks Korea spokeswoma
IndustryAug. 28, 2011
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Chung’s W500b breaks Korean donation record
Latest in an increasing number of charity pledges by nation’s tycoonsKorea’s top businessmen are relaying to make personal donations as Hyundai Motor Group Chairman Chung Mong-koo launched his own initiative on Sunday.Chung donated 500 billion won ($462 million) of his personal funds to the charity
IndustryAug. 28, 2011
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Eyes on KT over wireless spectrum auction
Bidding for 1.8 gigahertz bandwidth to go over 1 trillion won MondayAll eyes are now on KT Corp.’s participation in the country’s first wireless broadband spectrum auction as the company has put pause to the process Friday after the bidding price neared 1 trillion won ($928.33 million).The bidding c
IndustryAug. 28, 2011
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POSCO takes social responsibility projects to African nations
POSCO on Friday began works on a children’s center in Zimbabwe as part of its efforts to strengthen corporate social responsibility programs in Africa.The steelmaker’s related projects in the region began in July when it collaborated with the Korea International Cooperation Agency to send volunteers
IndustryAug. 28, 2011
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Ssangyong wins contract in Vietnam, 1st in 11 years
Ssangyong Engineering and Construction Co. on Wednesday signed the contract to build part of the Southern Coastal Corridor Project that runs from Vietnam to Thailand, reentering the Vietnamese market after 11 years.Since the completion of the Dami Dam in Bao Lac in the northern part of the Southeast
IndustryAug. 28, 2011
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Moody’s Korean unit faces probe
FSS inspectors to investigate rating firm’s assessment of enterprisesKorea Investors Service, a local unit of U.S.-based Moody’s Investors Service, will be investigated by Korean regulators over its fairness in assessing enterprises, industry sources said.The Financial Supervisory Service, which has
Aug. 28, 2011
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Debate over electronic vs. hybrid resurfaces
LG Corp.’s announcement that it will jointly build electric cars with General Motors Friday is brining hope to Renault Samsung, which wants to sell the vehicles here. However, the debate over next-generation cars remains very much alive with Hyundai on the hybrid side.Lee Ki-sang, director of Hyunda
MobilityAug. 28, 2011
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Facebook shutting down online Deals program
WASHINGTON (AFP) -- Facebook is ending a Deals program launched in April which offered online bargains like Groupon, LivingSocial and other companies."After testing Deals for four months, we've decided to end our Deals product in the coming weeks," the Palo Alto, California-based social network
TechnologyAug. 28, 2011
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Samsung to showcase 4G smartphone at industry fair in Germany
Samsung Electronics Co. said Sunday it will introduce a new Galaxy smartphone at an industry exhibition in Germany this week as it seeks to win consumers for fourth-generation (4G), super-fast wireless service. Samsung will unveil the 4G version of the Galaxy S II smartphone at the IFA electronics s
TechnologyAug. 28, 2011
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Hyundai chairman Chung to donate 500 billion won to charity
Hyundai Motor chairman Chung Mong-koo will donate 500 billion won ($460 million) of his personal wealth to a charity foundation, company officials said Sunday.Hyundai Motor Group chairman Chung Mong-koo (right) shakes hands with an American worker during his visit to a Hyundai factory in Alabama, th
IndustryAug. 28, 2011
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Apple gives Tim Cook 1 million shares
FRANCISCO (AP) — Apple has given Tim Cook 1 million shares of restricted stock as he takes over as reins of the company from Steve Jobs. At current prices, the stock package is worth more than $383 million.Cook assumed CEO duties this week when Jobs stepped aside after 14 years, saying he was
TechnologyAug. 27, 2011
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Call to unite against HIV/AIDS
Busan forum ICAAP10 seeking ways to wipe out stigma and prejudiceBUSAN ― Activists, medical researchers and other participants in an international forum on AIDS here called for more concerted global efforts to combat the disease and wipe out prejudice and stigma surrounding it.The 10th International
TechnologyAug. 26, 2011
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Resource development fuels SK Group’s growth
Conglomerate shores up future with resource and petrochemicals businessSK Group has come to be the country’s third largest conglomerate fueled by its petrochemical and telecommunications businesses.The two sectors are often referred to as the conglomerate’s two pillars, but the group has now turned
IndustryAug. 26, 2011
