(Yonhap) -- South Korea's Prime Minister Chung Hong-won said Monday that the government's deregulation campaign is designed to remove only excessive regulations, not all of them, amid criticism over the possibility of "indiscriminate" deregulation.President Park Geun-hye has initiated a drive to eliminate non-essential regulations in a bid to reinvigorate Asia's fourth-largest economy. Ministries and agencies have announced their plans to remove regulations after accepting complaints and recomme

April 7, 2014

(AFP) -- Russian President Vladimir Putin has ordered a crackdown on "destructive" non-government organisations, saying such groups were behind the mass protests that brought down Ukraine's government.Moscow has repeatedly accused the new authorities in Kiev and the protesters who toppled pro-Moscow president Viktor Yanukovych of being extremists, nationalists and even "Nazis".On Monday Putin told senior officials at Russia's FSB security service, the successor to the KGB, that "nationalist and

World Business April 7, 2014

(AP) -- Japan and Australia have agreed on a free trade deal that both sides say will yield windfalls for their economies. Australian Prime Minister Tony Abbott and his Japanese counterpart, Shinzo Abe, announced the pact, Japan's first with a major agricultural economy, at a news conference Monday.The deal calls for Japan to gradually phase out its nearly 40 percent tariffs on Australian exports of beef. In turn, Australia is to end its tariffs on Japanese-made vehicles, household appliances an

World Business April 7, 2014

Airbus Group NV (AIR)’s decision to limit customization options for cabin interiors on its new A350 model is set to boost residual values when the aircraft change hands by minimizing work required to outfit them for other users.While Airbus has given customers a broad set of options for seats, galleys and lavatories, it has dropped the carte blanche approach taken with the A380 superjumbo, Chris Emerson, senior vice president of marketing, said today in Hamburg.Leasing companies, banks and other

World Business April 7, 2014

(Yonhap) -- Mando Corp., one of South Korea's largest car parts manufacturers, said Monday that it will be splitinto two separate companies to enhance overall competitiveness and improve transparency.The car parts arm is to become an independent corporate entity focused on production and research and development, with the investment unit to act as the holding company, it said.The holding company, tentatively named Halla Holdings, will take change of all future investments in its affiliate.Mando,

Industry April 7, 2014

(Yonhap) -- U.S. Secretary of Defense Chuck Hagel arrived in China's eastern port city of Qingdao on Monday, beginning his three-day visit to China for discussions on global and regional security issues, including North Korea's nuclear programs. China is Hagel's third stop on his 10-day trip across the Asia-Pacific and his first visit to Beijing as the U.S. defense chief.The trip comes at a time when regional tensions have been growing amid the North's threat of a fresh nuclear test and growing

World News April 7, 2014

SK텔레콤 통신망 장애로 인해 전화와 데이터 등 모든 서비스가 중단되는 사고가 발생했다. 약 1시간여 지속된 장애로 가입자들의 불만은 쏟아 졌다. 네트워크 장애는 20일 오후 6시쯤 시작 되었으며, SK텔레콤에 따르면 가입자확인모듈 장비에 고장이 생겨 발생한 것이라고 한다. SK고객들은 전화 연결을 시도하면 통화 신호가 잡히지 않고 데이터를 이용한 인터넷을 사용할 수 없었다. SK텔레콤 측은 6시 24분 모든 시스템이 정상화 되었다고 밝혔지만, 8시가 지나도록 불편을 겪는 사례가 발생했다. SK텔레콤은 지난 13일에도 통신장애를 일으키며 한 달에 두 번이나 통신장애를 일으켜 국내 1위 통신 사업자라는 명성을 무색하게 했다.코리아헤럴드 김영원(wone0102@heraldcorp.com)<관련 영문 기사> SK Telecom marred by network failureSK Telecom, the largest mobile carrier in Korea, suffered network

한국어판 March 21, 2014

Police struggled to keep apart rival groups holding competing rallies Wednesday in Ukraine's largely pro-Russian Crimea region where the regional parliament was to hold a crisis session on the turmoil that has gripped the country.Over 10,000 Muslim Crimean Tatars rallied in support of Ukraine's interim leaders, waving Ukrainian flags and chanting "Ukraine is not Russia" and "Allahu Akbar," while a smaller pro-Russian rally nearby called for stronger ties with Russia and waving Russian flags.Poli

World News Feb. 26, 2014

(Yonhap) -- Despite signs of warming inter-Korean ties, South Korea's defense minister on Wednesday pledged firm military readiness to counter any provocations by North Korea that he considers "unpredictable."Kim Kwan-jin made the remark during a meeting of retired generals at a time when relations between the two Koreas have shown signs of improvement in light of the recent reunions of families separated since the 1950-53 Korean War.Hundreds of separated families met in a tearful reunion at Nor

Defense Feb. 26, 2014

President Barack Obama and French President Francois Hollande will showcase a revamped relationship between two old allies that is now a cornerstone of diplomatic efforts in Iran and Syria during a glitzy state visit Tuesday, though the rendezvous has been overshadowed by the intrigue of a European love triangle.The partnership between the U.S. and France, which dates back to the American Revolution, has slowly improved after hitting a low point a decade ago, when the French public and politicia

World News Feb. 11, 2014

Disgraced cloning scientist Hwang Woo-suk's controversial NT-1 "embryonic stem cell line" officially received a United States patent on Tuesday in a development that could reignite debate surrounding his research.The U.S. Patent and Trademark Office's (USPTO) public notification site confirmed the "human embryonic stem cell line prepared by nuclear transfer of a human somatic cell into an enucleated human oocyte" has been patented and subject to legal protection.The office added that a patent ha

Social Affairs Feb. 11, 2014

세계 광고계의 거장 존 헤가티는 24일 영국 BBC와의 인터뷰에서 그 동안 삼성은 “모방자”의 위치에 있었다고 말하며, 그런 모습에서 탈피해 “독창성을 가지고 시장을 선도 할 필요가 있다”고 꼬집었다. 그는 삼성은 매우 훌륭하고 성공한 브랜드이며 인정받을 만하지만, “삼성의 거의 모든 제품이 애플의 제품을 모방한 것 같았다“며 애플의 편을 들면서 삼성은 앞으로 더욱 “창조적 (inventive)”이어야 한다고 말했다. 존 헤가티는 리바이스, 아우디 등 세계적인 기업의 광고를 제작했으며, 그 공로를 인정 받아 2007년 영국 왕실로부터 기사 작위를 받았다. 　(코리아헤럴드 김영원 기자)　　<관련 영문 기사>　　Advertising legend criticizes Samsung　John Hegarty, a founder of British advertising agency Bartle Bogle Hegarty, said that Samsung Electronics needs to be

한국어판 Jan. 27, 2014