Most Popular
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Chuseok still is a headache for couples
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Students suffer sleep deprivation, fatigue, suicidal thoughts
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N. Korea launches trash balloons toward S. Korea for 2nd day: JCS
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Heat wave watch issued for Seoul; latest on record
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Yoon's approval rating hits new low: poll
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Lime green plates deepen slump in Korea’s luxury car sales
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Popular tourist destinations beckon Chuseok holidaymakers
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Nearly 2,000 aging separated family members die in first 8 months of year: gov't data
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[AtoZ into Korean mind] Koreans do things quickly. Is it efficiency or lack of patience?
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Calories that stalk the Chuseok table
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Jaguar gives special tributes to the legendary E-Type
HAMBURG, Germany (DPA) ― The Jaguar E-Type is arguably one of the most beautiful cars ever built, stunning the motoring world when it was unveiled at the Geneva Motor Show 50 years ago with its sleek aerodynamic form and racing car engine.“It’s impossible to overstate the impact the E-Type had when it was unveiled,” said Jaguar’s current design director Ian Callum at this month’s show in Geneva. H
MobilityMarch 27, 2011
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Hankook Tire starts social contribution project
The country’s largest tire maker Hankook Tire is launching a safety campaign and a social contribution campaign, both of which will run until the end of the year, from Monday. In the safety campaign, the company’s employees will show customers visiting sales outlets tire-related safety tips that are specific to different seasons of the year.In addition, those purchasing selected products ― Ventus
MobilityMarch 27, 2011
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New Audi TT hits local market
Audi Korea launched the new Audi TT on the local market on March 21.The updated TT comes with a turbocharger 2-liter TFSI engine that puts out 211 brake horsepower, up 11 brake horsepower from the previous model. Matched with its 6-speed S-Tronic dual clutch automatic transmission, the vehicle manages 11.3 kilometers per liter of fuel. New Audi TTThe vehicle’s upgraded powertrain allows it to reac
MobilityMarch 27, 2011
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Lamborghini offers first marketing promotion
The local sales operation of Italian supercar Lamborghini is offering registration tax-coverage for the Gallardo models, in its first-ever sales promotion event.With the price of the vehicle rising to almost 400 million won ($360,000) on the Korean market, those purchasing the vehicle while the offer lasts stand to gain as much as 30 million won. The Gallardo lineup consists of LP560-4, LP560-4 Sp
MobilityMarch 27, 2011
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Seoul motor show to reveal Ssangyong, GM Korea’s plans
GM Korea and Ssangyong set for all-out promotion of new brand and visionThe year has yet to enter its fourth month, but 2011 has already been eventful for GM Korea Co. and Ssangyong Motor Co. In January GM Korea began the process of revamping. The company changed its name from GM Daewoo Auto and Technology, and replaced the GM Daewoo brand with that of Chevrolet.While GM Korea sought to sharpen it
MobilityMarch 27, 2011
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Western DIY outlets retreat in China
At a near-empty B&Q home improvement outlet in Beijing, much of the foot traffic is due to the location of a public toilet next to the entrance ― not the store’s patio furniture or circular saws.It’s a sign of how foreign “do-it-yourself” big-box chains have struggled to attract customers in China, where homeowners have little experience in renovating apartments and prefer to pay low-wage decorators to do it for them.“Do-it-yourself is not popular in China,” Shaun Rein, managing director of Chin
IndustryMarch 27, 2011
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Baidu rises to record in U.S. on report of new products
Baidu Inc., owner of China’s most popular online search engine, rose to a record in U.S. trading after reports about new services the company is developing. The company said it is testing Web browsing software for personal computers, following a report earlier this week that it is planning to develop a mobile operating system. Sina Corp., which owns the Twitter-like Weibo in China, also jumped to
IndustryMarch 27, 2011
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Global automakers may lose 600,000 vehicles
Quake halts assembly lines and work at suppliers including paint pigment makerGlobal automakers may lose production of 600,000 vehicles by the end of the month as the earthquake in Japan halts assembly lines and work at suppliers including the maker of a paint pigment. About 320,000 vehicles may have been lost worldwide as of March 24, and manufacturing at plants in North America may be affected w
IndustryMarch 27, 2011
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Fed’s Bullard says ‘pretty good’ U.S. economy may allow early end to QE2
U.S. Federal Reserve policy makers should review whether to complete a second round of quantitative-easing purchasing due to end in June because of strong U.S. economic data, Federal Reserve Bank of St. Louis President James Bullard said. “The economy is looking pretty good,” Bullard told reporters in Marseille, France, Saturday. “It is still reasonable to review QE2 in the coming meetings, especi
IndustryMarch 27, 2011
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Gov't may scrap plan to build new int'l airport: sources
The government may have decided to scrap a plan to build a new international airport in the country's southeastern region due to economic considerations, sources in the ruling camp said Sunday. The sources told Yonhap News Agency that a special panel set up to review the two candidate sites for the new airport have decided that it would be better to abandon the expensive building program. "The
IndustryMarch 27, 2011
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S. Korean exporters' sentiment weakens for Q2
A majority of South Korean exporters remain bullish about their business activity in the second quarter of this year, but they are worried about growing uncertainties like political unrest in the Middle East and North Africa, a poll showed Sunday. The Export Business Survey Index (EBSI) came in at 105.4 for the April-June period, down from 116.3 for the current quarter, according to the Korea
March 27, 2011
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Seoul shares to rise, but Libya, Europe woes may limit gains
South Korean stocks are forecast to trend higher next week, shrugging off concerns of Japan's March 11 earthquake, but other external uncertainties such as the Libyan unrest and Europe's debt risks may trim gains, analysts said Saturday. Despite the ongoing aftermath of Japan's earthquake, the benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,054.04 on Friday, up 72.91 points, or 3
March 26, 2011
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Aussie millionaire offers W2.5b for Korean bride
At least 2,000 women have applied to meet the Australian millionaire who is looking for a Korean wife, marriage consulting agency UVIS said Friday. Among the applicants, women in their 40s make up the majority, the agency added. An Australian millionaire is looking for love and willing to offer more than 2 billion won ($1.7 million) for it, according to a marriage consulting firm.The 80-year-old b
March 25, 2011
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Hyundai Merchant fails to get nod for stock sale limit
Hyundai Merchant Marine Co., the biggest unit of Korea’s Hyundai Group, surged in Seoul trading after shareholders rejected a proposal to increase the preferred stock sales limit, raising speculation it may become a takeover target. Hyundai Heavy Industries Co., owner of a 23.8 percent stake in Korea’s second-biggest shipping line, and three other companies with holdings voted against the plan at
IndustryMarch 25, 2011
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LG Electronics expanding 3-D TV alliance
Sharp of Japan latest foreign firm LG is seeking new technology partnership withLG Electronics is bit by bit winning partners from its biggest rival Samsung in a bid to gently, but firmly, nudge the entire television industry to go the “LG Way.”The “LG Way,” in terms of 3-D TVs, happens to be LG’s new technology that involves, to put it simply, placing a sheet of special film on TV panels to reali
IndustryMarch 25, 2011
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Labor dispute delays Hyundai car production
Disagreements between Hyundai Motor Co. and its union are delaying production at the company’s Ulsan complex, causing shortages in domestic and export demand.According to the company, productivity of the plant producing small vehicles has fallen to about 33.5 percent as workers are refusing to comply with its proposal of moving some of the plant’s workers to other parts of the complex.With a signi
IndustryMarch 25, 2011
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POSCO to invest W2.2tr in plants by 2013
POSCO will spend 2.2 trillion won ($1.97 billion) by 2013 on building two new plants and renovating a stainless steel mill, the steelmaker announced Friday. Under the plans, approved by the company’s board of directors Friday morning, POSCO will build a new FINEX facility and a fourth plant producing steel coils at its steelworks in Pohang, North Gyeongsang Province. Developed by POSCO and put int
IndustryMarch 25, 2011
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Korean food firms flooded with orders from Japan
Women walk down an aisle where seaweed is displayed at a store in Seoul on Thursday. (Kim Myung-sub/The Korea Herald)Korean food makers have been swamped with orders for bottled water and instant noodles from Japan following radiation leaks from an earthquake-damaged nuclear power plant, the companies said Thursday.The flood of orders comes as concerns over the safety of food and drinking water ar
IndustryMarch 25, 2011
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Korea’s smartphone users top 10 million
The state media regulator said Thursday that the number of smartphone owners here exceeded 10 million people earlier this week, surging more than twelvefold from 800,000 in 2009.The Korea Communications Commission said that a total of 10.02 million people used smartphones as of Wednesday, showing a sharp increase since the launch of Apple’s iPhone in Korea in November 2009.From 800,000 in December
March 25, 2011
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Do you know enough about tuberculosis?
Authorities announce measures to bring down TB prevalence, highest in the OECDTo many people, tuberculosis, often abbreviated as TB, is a disease in novels or TV dramas: The beautiful but pale protagonist spits blood on his or her white handkerchief and cries over their fate. A classic scene in a romantic novel. However, the real tuberculosis is nothing romantic. The hemoptysis and excessive cough
TechnologyMarch 24, 2011