Most Popular
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Slew of top K-pop stars ready to return from military
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S. Korea, US clinch 2026-30 defense cost-sharing deal in pre-election push
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N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
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Controversial cult leader’s sentence reduced to 17 years
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Military aircraft evacuating S. Koreans in Lebanon returns home
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Concerns raised over chronic labor shortage at state-run center for digital sex crime victims
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BTS-themed moon jar to be unveiled on Hangeul Day
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Samsung, Hyundai chiefs to accompany Yoon on Singapore trip
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1,430 minors investigated for drug offenses from 2018 to 2023: police
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[Robert Fouser] Why the US election looks so close
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Sanofi to begin phase 3 trials of Hanmi’s diabetes drug candidate
Sanofi will start next month phase 3 clinical trials of efpeglenatide -- a diabetes drug candidate licensed from South Korea’s Hanmi Pharmaceutical two years ago, the companies said Tuesday.The phase 3 trials for efpeglenatide, to be conducted on 400 patients with Type II diabetes, will start in the US on Dec. 4, according to updated postings by Sanofi on ClincalTrials.gov. Sanofi plans to complete the study by January 2020.Hanmi Pharmaceutical's headquarters located in Jamsil of southeastern Se
Nov. 28, 2017
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Hyundai workers suspend production at Korean plant
Unionized workers at Hyundai Motor Co. staged a walkout at a major plant in South Korea due to a disagreement with the company over the expanded production of a new vehicle, the company said Tuesday.On Friday, union members brought two entire assembly lines at the company's No. 1 plant in Ulsan, 414 kilometers southeast of Seoul, to a halt after they failed to narrow the gap with management over the issue of increasing the production of the Kona small sport utility vehicle, a company spokesman s
Nov. 28, 2017
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Seoul expresses concerns over Chinese anti-dumping duties on SM imports
A South Korean delegation expressed concerns over China's move to impose anti-dumping duties on styrene monomer (SM) imports and called for a transparent investigation of its products during a public hearing Tuesday.Officials from the commerce and foreign ministries delivered their view at a public hearing held by the Chinese commerce ministry in Beijing, which was also attended by officials from Hanwha Total Petrochemical Co., a major South Korean exporter. (Yonhap)Styrene is used to make poly
Nov. 28, 2017
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Korea stepping up efforts to build nuclear reactors in Britain
South Korea is stepping up its bid to take over stakes in a troubled nuclear project in Britain as the two countries agreed to step up cooperation in the sector, Seoul's energy ministry said Tuesday. Energy ministers of the two nations signed a memorandum of understanding in their meeting in London to expand cooperation in the civilian nuclear energy projects.The state-run Korea Electric Power Corp. is in the running to buy a stake in the nuclear power station at the NuGen site at Moorside in th
Nov. 28, 2017
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Govt. hikes prices of coal briquettes
The government jacked up prices of coal briquettes sharply Tuesday in an effort to meet rising production costs, the commerce ministry said.Under new government guidelines on coal briquette and anthracite prices, the maximum sale price rose 19.6 percent to 534.3 won ($0.49) per coal briquette.Demand for coal briquettes tends to increase for the winter as many low-income people use them both for cooking and heating traditional Korean homes. The ministry also marked up the maximum sale price of an
Nov. 28, 2017
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[Exclusive] Samsung names new software development chief in US
Samsung Electronics has named the new chief of Samsung Research America who will lead the Korean tech giant’s software development, especially the upgraded version of its artificial intelligence assistant Bixby in English service, according to a source familiar with the matter on Monday. “Lee Joon-hyun, a senior vice president in charge of voice recognition module development at the Seoul-based Digital Media & Communications R&D Center, was recently nominated to head Samsung Research America,” t
Nov. 27, 2017
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Medytox’s dermal filler commercial racks up 1m views on YouTube
Medytox, South Korea’s largest maker of wrinkle-fighting botulinum toxin treatments, said Monday that a new commercial promoting its hyaluronic acid dermal filler Neuramis has racked up more than 1 million views on YouTube, one week since its release. Titled “Neuramis Time,” the video features regular women worrying about their wrinkles during various times of the day, to which Korean actor Lee Seo-jin says “smile, don’t hide. Remove your wrinkles.”The ad, which has three variations, is currentl
Nov. 27, 2017
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Lotte to open another duty-free store in Vietnam
Lotte Duty Free, a South Korean duty-free operator, said Monday that it will open its second airport outlet in Vietnam’s southeastern city of Nha Trang.The company secured exclusive rights to run the store until 2028 at Cam Ranh International Airport’s new terminal, according to officials. (Yonhap)Starting business in early 2018, in line with the completion of the new terminal, Lotte Duty Free expects to log some 700 billion won ($644 million) of sales through the 10 years of operation. Earlier
Nov. 27, 2017
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LG Innotek develops sterilizing deep-UV LED
LG Innotek, the electronic device components making unit of South Korean conglomerate LG Group, said Monday it had become the first in the world to develop an ultraviolet-C light-emitting diode with an output of 100 milliwatts -- two years ahead of industry forecasts.UV-C LED, also known as deep-UV LED, emits short rays between 200 and 280 nanometers to destroy bacterial DNA and create chemical reactions.It is appreciated for its sterilizing function, but producers had struggled to increase its
Nov. 27, 2017
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[From the scene] China benchmarks Korea's agro wholesaler
BEIJING, China -- Beijing‘s largest agricultural and marine wholesaler Xinfadi Fruit and Vegetable Wholesale Market has benchmarked South Korea’s state-led Garak Wholesale Market, focusing on its auction system and quality inspection process, according to the market operator chief Zhang Yuxi. “Chinese farmers should get involved in not only harvesting products but also selling them, so as to maximize their profits,” said Zhang, 68, board director of Beijing Xinfadi Agricultural Products.Zhang Yu
Nov. 27, 2017
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Korean e-sports grows 15 percent, gamers earn 97 mln won yearly on average
The South Korean online gaming industry continues to grow, as do gamers' earnings, data showed Monday.The report on the 2017 online game industry, jointly published by the Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency, showed that the country's online gaming sector grew by 14.9 percent to reach 83 billion won ($76.2 million) as of 2016. It was 60 billion won in 2014 and 72.3 billion won in 2015. Korea takes up 14.9 percent of the global market, which is estimated
Nov. 27, 2017
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Samsung C&T wins bid for expressway in Singapore
Samsung C&T has been selected by the Land Transport Authority to be the first contractor to design and construct a stretch of the North-South Corridor, an underground expressway in Singapore, the company announced Monday. Samsung C&T will be responsible for the design and construction of a 1.25-kilometer stretch of the corridor between Novena Rise and Toa Payoh Rise in a contract worth $602 million. (Samsung C&T) The expressway will be Singapore’s first integrated transport corridor featuring
Nov. 27, 2017
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Honeymooners in turmoil as airlines cancel Bali flights
Honeymooners and other passengers headed to Bali are quickly changing their plans as Garuda Indonesia and Korean Air, the two carriers offering direct flights to Bali out of Incheon International Airport, canceled their flights Monday due to ash spewing from Mount Agung.“The decision to close Denpasar Airport was officially transmitted to us this morning,” a representative from Garuda told passengers who were waiting at Incheon to check in for the noon flight. “Despite rumors that flights are op
Nov. 27, 2017
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Samsung develops battery technology that charges 5 times faster
Samsung Electronics Co. said Monday it has developed battery technology that utilizes graphene to expand capacity and speed the charging process by upwards of five times existing standards.Samsung Advanced Institute of Technology said the graphene-based battery will come with 45 percent higher capacity compared to models on the market at present.Graphene is a form of carbon that is considered to be an ideal material to be applied to batteries, as it can move electricity 140 times faster than sil
Nov. 27, 2017
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Online shoppers more attracted to US Black Friday than local sales event
Online shoppers are showing growing interest in Black Friday in the United States while losing interest in the local version of the sales extravaganza, an analysis of big data showed Monday.According to Daumsoft, which sorted through blogs, tweets and news on Black Friday from 2015 to this year, online mentions of the event spiked from the end of October to the start of November each year.There were 4,067 mentions of Black Friday in October 2015 and 4,860 in November 2016. This year, there were
Nov. 27, 2017
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Samsung unveils new medical devices at US exhibition
Samsung Electronics Co. and its medical arm Samsung Medison Co. showcased new instruments on Monday at the annual gathering of the Radiological Society of North America.The South Korean tech giant said it unveiled its OmniTom computed tomography scanner, which is the industry's first mobile imaging device that boasts improved accessibility in case of emergencies."OmniTom is ideal for cranial procedures and is designed to deliver the highest quality non-contrast CT, CT angiography and CT perfusio
Nov. 27, 2017
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Hyundai holds its first construction equipment auction in Korea
Hyundai Construction Equipment said Sunday that the company held its first heavy construction equipment auction here.Conglomerate Hyundai’s construction equipment arm sold all 150 pieces of used heavy construction equipment during the auction, which attracted some 1,000 customers, according to officials. Used heavy construction equipments are being displayed at the auction held in Eumseong, North Chungcheong Province, Sunday (Hyundai Construction Equipment)Around 100 foreign dealers joined the d
Nov. 26, 2017
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Hyundai Motor vice chairman re-elected to lead World Archery Asia
Hyundai Motor Vice Chairman Chung Eui-sun has been re-elected as president of the World Archery Asia for a fourth consecutive term, the company said Sunday. Hyundai Motor Vice Chairman Chung Eui-sun (Yonhap)Chung, who has headed the WAA since 2005, was re-elected to serve until 2021 during a general meeting of 33 national representatives, Hyundai Motor said in a statement. Under his leadership, the association has actively promoted the sport, including offering equipment to WAA member nations an
Nov. 26, 2017
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[From the scene] Indoor farming expert says Korea, Japan need to up investment
CHIBA, Japan -- To meet the pace of the aggressive growth of the indoor farming industry in China and the United States, both South Korea and Japan should bet bigger on industry innovation, a Japanese expert said.Toyoki Kozai, professor emeritus of Chiba University and president of the Japan Plant Factory Association, told reporters that Korea should spur efforts to invest in smart indoor farming technologies.“Indoor horticulture farms are attracting an increasing level of investment, especially
Nov. 26, 2017
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Red ginseng for children gains popularity in low birth era
Riding on the expansion of the premium children’s goods market, red ginseng products for children have been gaining popularity among parents here, according to Korea Ginseng Corp.For over a decade, the state-run company has targeted children with signature red ginseng extract products under its signature CheongKwanJang brand. A Korean kid consumes Korean Red Ginseng Kids Tonic. (KGC)“In Korea, it is common for parents to feed herbal supplements to their children to help them build up their immun
Nov. 26, 2017