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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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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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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S. Korea not to attend Sado mine memorial: foreign ministry
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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[Weekender] Korea's traditional sauce culture gains global recognition
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Hynix posts solid profit despite fall in prices of chips
Hynix Semiconductor Inc., the world’s second-largest computer memory chipmaker, announced Thursday it posted 2.79 trillion won in sales and 323 billion won in operating profit for the first quarter, slightly up from the previous quarter largely due to an increase in shipping.The figures indicate that the total sales and operating profit rose 1.5 percent and 9.9 percent, respectively, in the first
IndustryApril 28, 2011
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Current account surplus hits three-month high in March
South Korea’s current account surplus rose to the highest level in three months in March as exports of ships and other key products remained robust, the central bank said Thursday.The current account surplus reached $1.43 billion in March, up from a revised $1.13 billion the previous month, according to the Bank of Korea. The current account is the broadest measure of cross-border trade.The March
April 28, 2011
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Hyundai seals China commercial car venture
Hyundai Motor Co. finalized the deal with China’s Sichuan Nanjun Automobile Co. to establish a commercial vehicle plant in China on Thursday.The two companies had signed a memorandum of understanding on setting up a joint venture in October.Sichuan Nanjun Automobile Co. is China’s 11th-largest producer of commercial vehicles. The company operates two plants with a combined annual production capaci
IndustryApril 28, 2011
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3-D firm posts record earnings in Q1
Red Rover Co., a local 3-D services provider, said Thursday that it has posted record earnings of 2.4 billion won ($2.2 million) in the first quarter, up 298 percent from the same period last year.The firm’s sales reached 9.2 billion won, up 203 percent from the January-March period last year, though it was little lower than that of the year’s fourth quarter, it said. “The record performance was p
IndustryApril 28, 2011
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Foreign insurers struggle to join mainstream
Despite their long presence in Korea, global giant life insurers still don’t come close to their major local rivals in terms of size, according to industry sources Friday.Nine foreign life insurers operating in the country hold 68.9 trillion won ($63.7 billion) in assets, or 16.9 percent of the industry’s total. The figure does not even meet half of that held by industry leader Samsung Life Insura
April 28, 2011
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Japan output logs record fall
IndustryApril 28, 2011
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Hyundai, Kia hybrids pack in new features
At the recent Seoul Motor Show, Hyundai Motor Co. and Kia Motors Corp. each unveiled their first gasoline-electric hybrid vehicles based on their midsized sedan’s Sonata and K5.While the carmakers had introduced hybrid electric vehicles based on the compact cars Avante and Forte powered by a combination of an electric motor and a liquefied natural gas engine, the hybrid Sonata and K5 mark their fi
IndustryApril 28, 2011
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LG Electronics back on track with smart appliances
LG Electronics this week posted an operating profit, signaling that the global electronics maker is getting back in the groove with well-paced strategies and cutting-edge technologies.LG Electronics, the world’s second-largest flat-screen television maker and third-largest handset maker, has been avidly making its way up in the smart device industry under the guidance of its CEO Koo Bon-joon to pr
IndustryApril 28, 2011
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U.S. study probes how surgery makes diabetes disappear
TechnologyApril 28, 2011
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Chosun opens holiday emergency rooms
Chosun University Hospital in Gwangju has opened an emergency room dedicated to the treatment of minor ailments at night and during holidays. The center will help people with less serious conditions visit doctors outside of regular hours, the hospital said. Ten doctors from various departments are stationed with three nurses. The operation hours are 5:30 p.m.-8:30 a.m. during weekdays; 12:30 p.m.-
TechnologyApril 28, 2011
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Warning against thalidomide posted
The Korea Food and Drug Administration has posted a warning against thalidomide, which is used to treat multiple myeloma. The announcement followed a similar measure posted by German authorities, which reported possible side-effects including myocardiac infarction, cerebrovascular disease and others. The KFDA plans to conduct further studies that will be reflected in the future authorization of th
TechnologyApril 28, 2011
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Malaria warning issued in Korea
The Korea Centers for Disease Control and Prevention are asking people to watch out for possible malarial infections. The number of people infected with the disease marked 1,772 last year, a sharp increase from 1,023 in 2008, the authorities said. Currently, Ganghwa Island of Incheon is designated as a danger zone, while six regions of Gyeonggi Province, two in Gangwon Province and three in Incheo
TechnologyApril 28, 2011
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What is MR-HIFU therapy?
Conventionally, ultrasound has been used in hospitals to look into the body for diagnostic purposes, but it has increasingly been used in therapy. High-intensity focused ultrasound therapy could be compared to setting a fire by focusing sunrays with a magnifying glass. Sunrays are warm, but unable to induce fire by themselves. However, once they are concentrated on a very small spot, the heat gene
TechnologyApril 28, 2011
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Spring heralds start of allergy season
DETROIT ― Te’nika Prince knew spring had arrived when her nose started running and her eyes got puffy and her head hurt and she felt miserable.She has been struggling with allergies her entire life.“I would have to keep tissue with me all the time,” says Prince, 35, of Westland, Michigan. “When it starts, you don’t want to do anything. You just want to lie around.”For several years, Prince has not
TechnologyApril 28, 2011
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SNU Hospital goes global
Top university hospital reaches out to foreignersWhen Seoul National University Hospital opened its cancer center last month, it was the beginning of another renaissance for the hospital that has arguably ruled the country’s medical field for more than half a decade. Equipped with state-of-the-art facilities including 165 sickbeds, 15 specified sectors, educational facilities and a clinical test d
TechnologyApril 28, 2011
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Baldness-busting bot helps men keep their hair
Good news for those who are losing hair day by day: A robot that brings your follicles back to life is now ready for sale. (MCT)The machine called Artas System, which identifies and harvests follicular units, has been approved by the U.S. Food and Drug Administration for commercial use. Its developer, Restoration Robotics, claims that it can extract 750 to 1000 follicles per hour, an upgraded ve
TechnologyApril 28, 2011
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2-year-old prodigy learns everything from iPhone
A 2-year-old reportedly memorized massive amount of information from his parents’ iPhone, including all the 44 U.S. presidents in order.Rockford Ramierz from California is able to name all American states and capitals and all the countries in the world, the Daily Mail reported. His reading skill is also way above his peers.The secret of the genius child was iPhone, according to his parents. They s
TechnologyApril 28, 2011
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Korean mobile carriers to release Apple's iPad 2 this week
SK Telecom Co. and KT Corp., the two largest mobile carriers in South Korea, said Thursday that they will launch the iPad 2, Apple Inc.'s latest version of its tablet computer, this week in the local market. Models show iPad 2, Apple's latest version of its tablet computer in Seoul, Thursday.(Yonhap)SK Telecom and KT said they will both start selling the iPad 2 tablet computer starting Friday.The
TechnologyApril 28, 2011
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FSS to claw back insider savings bank withdrawals
The nation’s top financial watchdog said Wednesday that it will retrieve deposits withdrawn improperly at Busan Savings Bank right before the agency suspended its businesses.The Financial Supervisory Service took the action a day after President Lee Myung-bak ordered a thorough probe into allegations that relatives and friends of employees at some savings banks withdrew deposits on the eve their o
April 28, 2011
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Apple denies iPhones store user location
NEW YORK (AP) -- Apple Inc. denied Wednesday that iPhones store a record of their users' movements for up to a year and blamed privacy concerns partly on a misunderstanding. A data file publicized by security researchers last week doesn't store users' locations, but a list of Wi-Fi hotspots and cell towers in their general area, the company said. It promised software fixes to address concerns
TechnologyApril 27, 2011