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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First snow to fall in Seoul on Wednesday
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Man convicted after binge eating to avoid military service
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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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SKT ties up with Nautilus Hyosung
SK Telecom said Thursday it signed an agreement with Nautilus Hyosung Inc. to work together on the mobile carrier’s smart finance business project.The country’s leading mobile carrier said that it formed a partnership with Korea’ top automatic teller machine company to build smart branches.Smart branch is a mini branch service that uses SKT’s information and communication technology to offer vario
IndustryJune 9, 2011
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Gucci ditches Shilla for Lotte Duty Free
Italian fashion brand Gucci is closing both of its outlets from Shilla Duty Free in Incheon International Airport to move to Lotte Duty Free, a decision slapping Shilla for giving exclusive favors to the brand’s rival Louis Vuitton.Gucci is said to have complained to Shilla over the lower commission fee and favorable spots the Hotel Shilla affiliate gave to Louis Vuitton. The 10 to 20 percent of c
June 9, 2011
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Carriers move into mobile messenger business
Mobile carriers are moving into the mobile messenger field after wrestling with the surging popularity of existing mobile messengers which they claim have jammed networks and snatched away data fees.KT Corp., the country’s largest fixed-line service operator, released its own communication tool called “olleh talk” on Thursday.SK Telecom is also looking into introducing a mobile chat service as ear
IndustryJune 9, 2011
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Korean auto parts makers target Brazil
Korea’s auto parts manufacturers are aggressively seeking inroads into Brazil, the world’s fourth-largest automobile market.Brazil has emerged as the world’s sixth-largest automobile producer and sold about 3.6 million vehicles last year, grabbing the world’s fourth place.The active advancement of local companies has been fueled by the recently growing demand for made-in-Korea components in the So
MobilityJune 9, 2011
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Samsung staff brace for corruption crackdown
Chairman Lee says scandal prevalent throughout conglomerateEmployees at Samsung, the nation’s largest industrial group, are expected to face a conglomerate-wide shakeup as owner Lee Kun-hee was unable to shake his fury over the latest corruption scandal at a Samsung affiliate. “It seems that corruption is prevalent in all parts of Samsung,” was what Lee said on Thursday, a day after he said the co
IndustryJune 9, 2011
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POSCO launches campaign to become ‘loved company’
POSCO and its subsidiaries will aim to become “loved companies,” the companies announced in a ceremony Thursday.According to POSCO’s agenda, a loved company is one that satisfies all concerned parties including society, employees, clients, investors, suppliers and environment, while at the same time sharing cultural programs and company values with them. “The way forward for POSCO is (to become) a
IndustryJune 9, 2011
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Jeonse prices soar to 60% of property value
Lump-sum deposits, or jeonse, neared 60 percent of average housing prices in Seoul and its surrounding areas in the first quarter, reflecting a growing burden on low- and middle-income living on leases.A report on the housing market by KB Bank on Thursday said deposits for jeonse stood at 58.9 percent of apartment prices on average, the highest since it reached 59.5 percent in November 2004.Jeonse
June 9, 2011
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FSC seeks to ban lawsuits for small-amount financial disputes
The Financial Services Commission is to propose a bill banning financial companies from filing suits against customers if the disputes are over a “small” amount of transactions.The bill is expected to define small-amount dispute cases as those whose transactions do not exceed 5 million won ($4,600).While the FSC said the bill will be designed in coordination with relevant ministries, the regulator
June 9, 2011
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Asiana launches new service campaign
Asiana Airlines, the country’s second-largest air carrier, unveiled its new slogan for customer services and uniforms for airport staff in a bid to lure more customers during the peak summer season. The slogan, “Always with You,” implies four keywords ― novelty, sincerity, kindness and quality ― which all its employees will pursue to make a company that is “always with customers,” Asiana said in a
IndustryJune 9, 2011
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SK Holdings agonizes over securities unit
SK C&C will likely acquire shares to put brokerage house under chairman’s controlAs the deadline for complying with fair trade laws approaches, the IT services provider SK C&C appears likely to acquire SK Securities Co. shares held by other SK Holdings companies. Under the current Monopoly Regulation and Fair Trade Act, a non-financial holding company is unable to hold stakes in a financial compan
IndustryJune 9, 2011
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Sleep disorders on the rise
The number of people treated for sleep disorders has risen by 92 percent in five years, the National Health Insurance Corporation said Monday. The number of patients marked 290,000 in 2010, up 90 percent up from 150,000 in 2006 and the total fees for treatment soared 139 percent in the same period. Sleep disorders include insomnia, excessive sleeping and sleep apnea, among others. About 57,000 of
TechnologyJune 9, 2011
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Experts advise on meat consumption
The World Cancer Research Fund advised people to curb intake of beef, pork, lamb and processed meat including ham and salami, media reported last week. Researchers at Imperial College London studied a total of 263 theses about the role of diet, weight and physical activity in bowel cancer and found significant evidence suggesting that red or processed meat could increase the risk of prevalence. In
TechnologyJune 9, 2011
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E. coli alert issued for travelers
The Ministry of Health and Welfare advised outbound travelers to take extra caution to avoid the Escherichia coli that is sweeping some European countries, including Germany and Sweden. The authorities have released promotional materials at the airports and public venues asking people to eat cooked food; wash vegetables thoroughly and pay extra attention to personal hygiene. The ministry stressed
TechnologyJune 9, 2011
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What you need to know about rheumatism
Rheumatoid arthritis, or RA, is an autoimmune disease that causes inflammation of the joints. In rheumatoid arthritis, the immune system ― which is designed to protect our health by attacking foreign cells such as viruses and bacteria ― instead attacks the body’s own tissues, specifically the joints. As a result, fluid buildup causes pain and inflammation. Rheumatoid arthritis is a chronic disease
TechnologyJune 9, 2011
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Runners put their (bare) feet down
MINNEAPOLIS ― Christian Peterson has heard the questions so many times that he has stock answers ready: Yes, he knows that he’s running barefoot. No, he didn’t run so fast that he came out of his shoes. And, for the record, he’s not crazy.He has one more answer that typically comes as surprise: It’s not painful. “People are always asking: Does that hurt?” said Peterson, president of the Minnesota
TechnologyJune 9, 2011
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Testosterone may treat dementia, study says
A novel study suggested this week that testosterone could be used in preventing or reducing the symptoms of dementia among post-menopausal women.A research team at Monash University’s Women’s Health program compared a control group of 30 women, who received no treatment, with a group of nine women between the ages of 47 and 60 who received testosterone spray on their skin, which returned their tes
TechnologyJune 9, 2011
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Number of children dying in hot cars spikes
KANSAS CITY ― Forty-nine children in the United States died of heatstroke after they were left in hot cars last year, a grim record.But as child-welfare groups try to prevent more deaths with information campaigns and as inventors work on technical fixes, both efforts founder on a hard reality: Good parents don’t think it can happen to them.It can, experts and statistics say, and new recommendatio
TechnologyJune 9, 2011
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Hankook Tire breaks ground for new plant in Indonesia
Hankook Tire Co., Korea's largest tire maker, said Thursday it began construction of a new plant in Indonesia to increase its presence in the Southeast Asian country and other growing markets in the region.The plant in the Jakarta suburb of Bekasi will be the company's seventh and will cost $350 million for the first phase of its construction, the company said.The construction will be completed by
IndustryJune 9, 2011
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Facebook under fire for photo tagging feature
WASHINGTON, June 8, 2011 (AFP) - Facebook is coming under fire for a feature that uses facial recognition software to allow members to tag pictures of their friends on the social network.The "Tag Suggestions" feature made its debut on Facebook in the United States six months ago but has drawn renewed attention this week after the social network began rolling it out to other countries.Justin Mi
IndustryJune 9, 2011
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Computer tech installed peeping software
FULLERTON, California (AP) -- A U.S. computer repairman suspected of installing spyware on laptops that enabled him to snap and download photographs of women showering and undressing in their homes was arrested Wednesday at his home, police said. This photo provided by the Fullerton (Calif.) Police Department on Wednesday shows Trevor Harwell. Police say Harwell, a Southern California computer rep
TechnologyJune 9, 2011
