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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First snow to fall in Seoul on Wednesday
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Wealthy parents ditch Korean passports to get kids into international school
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S. Korea not to attend Sado mine memorial: foreign ministry
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Man convicted after binge eating to avoid military service
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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[Weekender] Korea's traditional sauce culture gains global recognition
![[Weekender] Korea's traditional sauce culture gains global recognition](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
![[Weekender] Korea's traditional sauce culture gains global recognition](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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U.S. economy struggles for momentum: report
IndustryApril 22, 2011
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Obama suspects energy market fraud
IndustryApril 22, 2011
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China signals ready to invest more in Europe
IndustryApril 22, 2011
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3D porn film beats Avatar at Hong Kong box office
HONG KONG (AFP) - A Hong Kong movie billed as the world's first 3D porn film has broken the city's first-day box office record previously set by Hollywood blockbuster Avatar."3-D Sex and Zen: Extreme Ecstasy" notched up HK$2.8 million ($360,000) on its first day last week, outpacing director James Cameron's science fiction epic which drew HK$2.6 million, the porn movie's publicist told AFP Thursd
TechnologyApril 22, 2011
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Samsung Electronics sues Apple over patents
A Samsung Electronics' Galaxy Tab is displayed at its a showroom of the headquarters in Seoul, South Korea, Tuesday, April 19, 2011. Apple Inc. has sued Samsung Electronics Co., saying the South Korean company's Galaxy line of smartphones and tablet computers copy Apple's popular iPad and iPhone.(AP-Yonhap News)Samsung Electronics Co., the world's second-largest maker of mobile phones, said Friday
TechnologyApril 22, 2011
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French workers strike against English speaking management
About 184 staff at Thermal Ceramics in France have gone on strike against what they called ‘Aglo Saxon Imperialism,’ according to reports. The London based company was established in 1856 and is a division of Morgan Crucible Company.Thierry Juvin, the workers’ representative, said “We say hello in French but then communication stops.“We have to have someone who translates everything into English,
April 22, 2011
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Samsung increasingly under siege, Lee says
Samsung Electronics Chairman Lee Kun-hee on Thursday said Samsung was coming under intense scrutiny from more and more firms, saying it was not only Apple, but even those outside the IT industry trying to keep his company at bay. “It’s a matter of (wanting) to hammer in a protruding nail,” Lee told reporters during a rare visit to Samsung Electronics headquarters in Seocho-dong, southern Seoul. He
IndustryApril 21, 2011
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KOSPI rallies on IT shares
Earnings-driven buying sprees in IT shares, in a market waiting for a second round of capital inflows, are pushing Seoul shares to record high levels, analysts said Thursday.“Investors, including foreigners, are holding their long positions as they’re waiting for more capital inflows to push up the KOSPI. Because there is less selling, the index keeps breaking all-time highs with even small purcha
April 21, 2011
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Korea, China to collaborate on rare earths processing
State-run Korea Resources Corp. said Thursday that it is to jointly develop technologies for processing rare earths with a Chinese think tank.The local developer said it will share equipment, facilities, human resources and technological information with Baotou Research Institute of Rare Earths, the largest of its kind in the communist state. KORES chief executive Kim Shin-jong and the institute’s
IndustryApril 21, 2011
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Savings banks recoup W1tr every year in service fees
The nation’s savings banks have reaped more than 1 trillion won ($900 million) in service fees per annum over the past five years, a lawmaker revealed Thursday.Citing data gained from financial regulators, Rep. Bae Young-shik of the ruling Grand National Party unveiled the figure during a two-day parliamentary hearing on the Financial Services Commission and the Financial Supervisory Service on po
April 21, 2011
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Financial industry to tighten IT security
Companies considering bigger budget and greater restrictions to protect dataThe local financial sector geared up to tighten security of its IT systems after watching hackers take advantage of security loopholes in the nation’s top financial firms, sources said Thursday. Major banks here said they were devising measures to step up security, such as beefing up their oversight teams or banning employ
April 21, 2011
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BAT Korea raises cigarette prices
British American Tobacco Korea said Thursday it has raised the price of its cigarette products by 200 won ($0.20) to 2,700 won per pack on rising raw material prices.The price increase of 8 percent is the first in six years for the firm which holds an 18 percent-market share in the country. It is widely known for popular brands such as Dunhill, Kent and Vogue.“BAT Korea has been making every effor
IndustryApril 21, 2011
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International 3-D Society to open Korean branch in May
KT Corp., the country’s largest fixed-line service operator, said Thursday it will lead the launch of the International 3-D Society’s Korean branch next month.KT organized a reception for the creation of a new country branch, inviting experts and industrial leaders in the field of 3-D, including Samsung Electronics, LG Electronics, broadcasters KBS, SBS, EBS and KT Skylife. Participants also inclu
IndustryApril 21, 2011
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Central bank, FSS agree to tighten oversight of FX trade
The central bank and the financial regulator decided to jointly examine banks’ foreign currency trade activities to keep them in check against speculative investments. The inspection comes as the won this week advanced to its strongest level in 31 months with capital inflows into local assets. The market’s understanding of the latest move is that the Finance Ministry is masterminding regulators to
April 21, 2011
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Three tycoons make Asia’s top executive list
Fortune’s list includes Lee of Samsung, Chung of Hyundai Motor and Koo of LGThree Korean top business leaders ― Lee Kun-hee, Chung Mong-koo and Koo Bon-moo ― were included in a U.S. magazine’s recently released list of Asia’s 25 most powerful business people.Lee, chairman of Samsung Electronics, was ranked fourth while Chung, chief of Hyundai Motor, and Koo, chairman of LG Group, were placed 10th
April 21, 2011
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Hanwha wins $1b order for Saudi plant
Builder to construct power station and desalination plantHanwha Engineering & Construction said Wednesday that it has signed a $1.05 billion deal to build a power station and desalination plant in Saudi Arabia.The builder said it is to establish the plant at Yanbu industrial complex, the biggest of its kind in Saudi Arabia and located on the western side of the country, by 2014 under the deal with
IndustryApril 21, 2011
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[Herald Interview] Chang sees difference in FTA with China
Says free trade benefits vary with levels of developmentA noted critic of free trade agreements has offered a mixed assessment of a potential FTA between South Korea and China. Chang Ha-joon, an economist at the University of Cambridge in the U.K., has written numerous publications critical of free trade agreements. In books such as “Bad Samaritans: The Myth of Free Trade and the Secret History of
April 21, 2011
![[Herald Interview] Chang sees difference in FTA with China](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/21/20110421000741_0.jpg&u=20110421184910)
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Koreans eat too much salt: KFDA
About 30 percent of people here eat foods that are too salty, the Korea Food and Drug Administration said Wednesday, stressing that Koreans need to cut their sodium intake. Only 24.4 percent said they eat salt in moderation, showing that the dominant palette of Koreans is “savory.”The test was conducted by studying the preference of 500 people for the saltiness of a bowl of bean sprout soup. The W
TechnologyApril 21, 2011
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Glaucoma patients on rise: NHIC
The number of people suffering from glaucoma exceeded 400,000 in 2009, almost double 2002’s 210,000.Aging seems to be the most common cause of the disease that can eventually lead to blindness, the National Health Insurance Corporation said Monday. Glaucoma is a complicated disease in which damage to the optic nerve leads to progressive, irreversible vision loss. It is the second most common cause
TechnologyApril 21, 2011
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Study: 2 million babies stillborn every year
LONDON (AP) ― More than 2 million babies are stillborn every year worldwide and about half could be saved if their mothers had better medical care, according to research estimates published Thursday in the medical journal Lancet.While the vast majority of stillbirths happen in the developing world, the rates in countries including Britain, France and the U.S. have not dropped to the degree that ma
TechnologyApril 21, 2011
![[Herald Interview] Chang sees difference in FTA with China](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/21/20110421000741_0.jpg&u=20110421184910)