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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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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Samsung launches Galaxy S2 in Japan
Samsung Electronics Co., the world’s No. 2 mobile-phone maker, said Thursday that it has released the Galaxy S2 smartphone in Japan through the country’s largest mobile carrier, hoping to build on the popularity of its earlier model. NTT DoCoMo Inc. has started sales of Samsung’s latest Android smartphone earlier in the day, Samsung said in a statement. The Korean company added that the latest Gal
IndustryJune 23, 2011
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LG-Ericsson aims for sales peak
LG-Ericsson said Thursday that it hoped the launch of its Long Term Evolution network would give it the top spot in the country’s telecommunications industry.Lee Jae-ryung, chief executive officer of LG-Ericsson, said that the company expects to surpass its peak sales figure of 1.1 trillion won recorded in 2008 with the nationwide introduction of fourth generation LTE networks.“It’s difficult for
IndustryJune 23, 2011
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Nexon, CJ E&M sign publishing agreement for Sudden Attack
Online game publishing companies Nexon and CJ Entertainment and Media agreed Tuesday to jointly publish the popular Sudden Attack from July 11.People will be able to access the free-to-play first person shooter game on both CJ E&M’s Netmarble and Nexon’s platforms until July 10, 2013, officials at Nexon said.The agreement was signed after debate was sparked on May 30 when CJ E&M began publicizing
IndustryJune 23, 2011
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Hyundai supports parts makers in Europe
In road show, Italy focuses on Korean auto parts makersHyundai Motor Group held a fair in Italy to give Korean auto parts manufacturers the opportunity to make inroads into the southern European market.The automotive group said Thursday that it held a “Fiat Tech Fair,” a road show for auto components, at Fiat Group Automobiles in Turin, Italy. Hyundai Mobis, a unit of Hyundai Motor Group, hosted t
MobilityJune 23, 2011
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Sony Ericsson eyes Android market with new phones
SINGAPORE (AP) ― Mobile phone maker Sony Ericsson unveiled two new Android models Wednesday in a bid to grab more of the burgeoning smartphone market.The company, a joint venture between L.M. Ericsson and Sony Corp., plans to launch the Xperia ray and Xperia active models during the third quarter, Chief Marketing Officer Steve Walker announced in Singapore. A staff member submerges the Xperia Acti
IndustryJune 23, 2011
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Bayer’s impotence drug gets KFDA approval
Bayer Healthcare’s erectile dysfunction treatment Levitra gained import approval from the Korea Food and Drug Administration Tuesday.Levitra is the first orodispersible tablet that melts inside the mouth and is designed to be easy to swallow without water. The product was first released in European countries in 2010 and Korea is the first country in Asia to distribute the pills.According to Bayer,
TechnologyJune 23, 2011
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‘Robot surgery no better than regular operation’
Endoscopic surgeries and open surgeries are just as effective as robot surgeries but are much cheaper, the National Evidence-based Healthcare Collaborating Agency said Tuesday. After its researchers surveyed 171 international and domestic papers, the institute concluded that robot surgery for prostate cancer had the survival rate, relapse rate and serious side effects as endoscopic or open surgeri
TechnologyJune 23, 2011
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Hospice care does not shorten life: study
About half of terminally ill cancer patients die within 70 days of diagnosis and just 18 percent survive six months, a group of researchers found Tuesday. Hospices provide compassionate care for people in the last phases of an incurable disease so that they may live as fully and comfortably as possible instead of undergoing excessive treatments and therapies. But opting for hospice care does not l
TechnologyJune 23, 2011
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Standing desks rise in popularity
WALNUT CREEK, California ― Last year, Kerri Campbell made a decision: She would no longer sit at her desk eight hours a day. Today, the retail broker for Daymon Worldwide in Pleasanton, Calif., stands on a couple of black pads, each about an inch think. Her keyboard is on a wooden stand built by her husband, and her monitor rests at eye level on a box, a hard drive dock and a ream of paper.It’s no
TechnologyJune 23, 2011
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What are better treatment options for spinal stenosis?
Lumbar spinal stenosis is a degenerative spinal disorder that develops when the foramina of the lumbar vertebrae become narrowed resulting in compression of the nerve roots. This compression of the spinal canal causes back pain and neurological symptoms in the lower limbs. Spinal stenosis may be congenital (idiopathic) or acquired (degenerative). The main symptoms of the disease are limping and ba
TechnologyJune 23, 2011
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U.S. ups anti-smoking ante but will Korea?
USFDA OKs hard-hitting warnings on cigarettes but tobacco lobby checks similar Korean moveWith the unveiling of nine graphic images that will adorn every cigarette pack sold in the U.S. from the fall of 2012, government officials and outside experts predict there will be an initial wave of smokers seeking help in quitting. The U.S. Food and Drug Administration says the graphic labels released Tues
TechnologyJune 23, 2011
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U.S. marine gets leg back with injection of pig bladder hormone
A U.S. marine who almost lost his right leg due to a bomb blast in Afghanistan, has become the first to see it grow back, thanks to regenerative medicine that uses a substance from a pig bladder, the Daily Mail reported.Marine Corporal Isaias Hernandez lost 70 percent of his right thigh muscles that would normally require amputation. However, rather than cutting it off, the remaining leg muscles w
TechnologyJune 23, 2011
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World’s millionaires rose by 8.3% last year, Merrill Lynch says
Global millionaires’ ranks rose by 8.3 percent last year as the Asia-Pacific region overtook Europe for the first time, according to a report by Capgemini SA and Merrill Lynch Global Wealth Management. The number of individuals with at least $1 million of investable assets increased to 10.9 million after markets rebounded following the financial crisis, according to the 15th annual World Wealth Re
June 23, 2011
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Thousands of yoga lovers take on Times Square
Yoga enthusiasts practice yoga during the "Solstice in Times Square" event at Times Square in New York, the United States, June 21, 2011. (Xinhua-Yonhap News)Thousands of yoga enthusiasts filled part of New York’s Times Square to participate in a massive yoga exercise called “Mind over Madness,” U.K. newspaper the Daily Mail reported. The event was held on the solstice, which marks the longest day
TechnologyJune 23, 2011
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S. Korea gets int'l support to build 2nd research base in Antarctic
A plan to build South Korea's second research station in the Antarctic has gained approval from the international community, paving the way for its construction in 2014, the foreign ministry here said Wednesday.The support came at a meeting in Buenos Aires, Argentina, among member nations of the Antarctic Treaty System, the ministry said in a statement. Of the 33 member states, 16 nations, includi
TechnologyJune 22, 2011
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Seoul to crack down on international cartels: FTC chief
Watchdog’s move comes as price-fixing, collusive wrongdoings on increaseThe Fair Trade Commission will step up efforts to crack down on international cartels, promising stern punishment for those engaged in unfair trade practices or abusing their market dominance, commission chief Kim Dong-soo said Wednesday. “A typical example of foul play in the market economy is cartels, the No. 1 enemy of the
June 22, 2011
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Hong named new head of KOTRA
Hong Suk-woo, a former chief of the Small & Medium Business Administration, has been named new president of the Korea Trade-Investment Promotion Agency, the trade agency said Wednesday.Hong, 58, will supervise the agency’s overall business and shore up overseas operations, concentrating on “globalizing small-and medium-sized firms to steer the era of $1 trillion trade,” KOTRA said in a statement.
IndustryJune 22, 2011
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Sales of Android smartphones top 10m
Sales of smartphones running Google Inc.’s Android software surpassed the 10 million mark in Korea this week, according to data from the country’s mobile carriers Wednesday.The country’s largest mobile carrier, SK Telecom Co., had 6.18 million subscribers using Android smartphones as of Monday, while runner-up KT Corp. had 2.06 million, they said. Smallest player LG Uplus Corp. lured in 1.86 milli
June 22, 2011
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Creditors to pick Korea Express bidder
Creditors of Korea Express Co. are expected to select a preferred bidder for a major stake in the country’s top logistics company next week as they move to complete the sale as early as August, industry sources said Wednesday.Creditors led by Korea Development Bank agreed to close the bidding for a 37.6 percent stake in Korea Express on June 27 and notified the three preliminary bidders ― POSCO, C
June 22, 2011
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CJ CheilJedang fined W340m for probe interference
CJ CheilJedang, Korea’s largest food company, was slapped with 340 million won ($316,000) in fines for interrupting the corporate watchdog’s probe into alleged price-fixing activities, the Fair Trade Commission said Wednesday. The fine is the largest single penalty imposed for unlawful interference in an investigation by the watchdog. The FTC said it is seeking to punish five workers at the compan
June 22, 2011
