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Articles by 윤민식

윤민식

Yellen calls U.S. economy, job market still subpar
Janet Yellen says the economy has regained ground lost to the deepest recession since the 1930s. But she says unemployment remains too high at 7.3 percent and notes that the Fed is still trying to accelerate the economy's recovery.In testimony prepared for her confirmation hearing Thursday, Yellen says the economy is still performing far below its potential. And she points out that inflation is running below the Fed's 2 percent target.“For these reasons, the Federal Reserve is using its monetary

World Business Nov. 14, 2013
Seoul shares open higher on Yellen's remarks
South Korean stocks began higher Thursday as remarks by the U.S. Federal Reserve chief candidate suggesting the stimulus tapering will not happen soon cheered investors, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) soared 14.48 points, or 0.74 percent, to 1,978.04 in the first 15 minutes of trading. Shares gathered ground across the board, with techs and autos leading the climb. Market behemoth Samsung Electronics gained 1.7 percent, with SK hynix hiking 2.4 percent. Hy

Nov. 14, 2013
Game addiction bill touches off national debate
‘Gaming addiction is real and growing problem’Ruling party members, parents and experts call for stricter measures against Internet gamingBy Choi He-sukThe Internet game industry has to shoulder its share of the burden in the fight against gaming addiction, according to the ruling Saenuri Party, concerned parents and professionals at addiction clinics. Since the beginning of the year, Saenuri Party lawmakers have proposed two related laws.The first bill, proposed by Rep. Shon In-chun and 16 othe

Social Affairs Nov. 13, 2013
'성접대 논란' 이참 관광공사 사장, “보도 사실과 다르다, 법적대응 할 것
이참 한국관광공사 사장이 일본 성인 퇴폐업소 출입과 관련한 보도에 대해 강력 대응하겠다고 밝혔다. 이참 사장은 공식 해명자료를 통해 ”보도에서 언급된 공사 사장과 관련된 내용은 사실관계와 다르며, 이는 제보자로 언급된 이 모 씨가 공사와의 협력사업이 중지되자 허위사실을 일방적으로 제보한 것에 불과하다“고 전했다.공사 관계자는 “담당자에 대해 이 같은 허위사실에 기초해 일방적인 소송을 제기해 현재까지 진행 중인 상태”라며 “이에 대해서는 법적으로 강력히 대응할 예정”이라고 말했다.또한 공사는 “이 사장이 설 연휴를 이용해 평소 잘 알고 지내던 지인과 함께 개인 휴가로 일본 여행을 갔다“며 ”현지에서의 경비는 미리 각자 일정액을 부담해 공동집행했고, 일정은 현지 테마파크 등 주변 명소를 견학하는 내용이었다“고 설명했다.아울러 ”여행 중 일본 회사를 만난 것은 동행한 지인이 자신의 무인안내 시스템 사업을 해당 일본 회사에 소개하고자 자리를 마련한 것“이라며, “이 일본 회사와의 만남을

한국어판 Nov. 13, 2013
[Newsmaker] Bigwig summoned as summit probe nears end
The prosecution on Wednesday questioned ruling party heavyweight Rep. Kim Moo-sung as its probe into the alleged illegal leaking of the 2007 inter-Korean summit records entered the final stretch. In the run up to the Dec. 19 presidential election, Kim, campaign chief and close aide to President Park Geun-hye, attacked the Democratic Party’s Rep. Moon Jae-in with claims that late President Roh Moo-hyun conceded the Northern Limit Line to Pyongyang with wording very close to that of the transcript

Politics Nov. 13, 2013
Seoul shares down 0.9 percent in late-morning trade
South Korean stocks traded 0.9 percent lower late Wednesday morning, as large-cap tech firms and steelmakers widened their losses, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) declined 18 points to 1,977.48 as of 11:20 a.m.Chip giant SK hynix shed 1.1 percent and Hyundai Steel fell 2.7 percent. But domestic-focused shares rose. State-run Korea Electric Power Corp. shot up more than 2 percent, with top mobile carrier SK Telecom advancing 0.5 percent. The local currency w

Nov. 13, 2013
iWatch to come in men’s, women’s sizes: DisplaySearch
Apple’s wearable iWatch is expected to come with a 1.7-inch OLED display for men’s watches and a 1.3-inch OLED screen for women, David Hsieh, DisplaySearch’s Vice President of the Greater China Market, said at a conference today in Taiwan, citing Apple sources. Apple has not officially announced the launch, but the iWatch ― Apple’s first wearable device ― is expected to be rolled out as early as the end of this year, given CEO Tim Cook’s latest remarks confirming new product categories. It is y

Technology Nov. 13, 2013
[단독] 애플 아이워치 화면 크기확정
애플의 아이워치가 남성용은 1.7인치 올레드, 여성용은 1.3인치 올레드로 확정됐다고 데이빗 시에 (David Hsieh) 디스플레이서치 부사장이 13일 열린 대만 컨퍼런스에서 밝혔다.애플이 공식적으로 아이워치 출시를 발표한 적은 없지만 팀쿡이 10월 실적 발표회에서 새로운 제품 카테고리들을 준비 중에 있다고 밝히면서 빠르면 올해 말 애플이 첫 스마트워치를 출시할 것으로 기대된다. 업계는 애플이 삼성의 갤럭시 기어를 의식해 플렉시블 디스플레이를 탑재할 가능성이 높다고 말했다. 외신에 따르면 애플은 최근 웨어러블 기기에 집중하기 위해 내년 하반기 출시로 예상됐던 TV 제품 출시를 연기할 계획이다. 폴 개그논 (Paul Gagnon) 디스플레이서치 북미TV시장연구이사는 “오랫동안 소문이 무성했던 애플의 TV세트 개발 계획은 다시 중단될 것으로 보인다. 대신 웨어러블 기기가 먼저 출시될 것으로 예상된다.”그는 애플이 컨텐츠 부족과 웨어러블 기기에 집중하기 위해 TV개발을 유보했다고 분석했

한국어판 Nov. 13, 2013
Son of Hyosung chief quizzed over alleged tax evasion
The second son of the head of major family-run conglomerate Hyosung Group has undergone questioning by prosecutors over suspicions of tax evasion and accounting fraud, prosecutors said Wednesday.The country's 26th-largest business group has been probed by the prosecution on charges of evading a massive amount of taxes, embezzlement through accounting fraud and amassing slush funds overseas.The Seoul Central District Prosecutors' Office investigating the case called in Cho Hyun-moon, the second s

Social Affairs Nov. 13, 2013
FTC raises target for fine and penalty collection by 15 percent for next year
South Korea's corporate watchdog has raised its target for money collected as fines and penalties for next year, government sources said Wednesday, in an apparent move to toughen the crackdown on unfair business activities. According to the sources from the finance ministry and the Fair Trade Commission (FTC), the FTC plans to collect 695.3 billion won ($648.6 million) in fines and penalties next year, which is up 15 percent, or 91.8 billion won, from this year.The fines and penalties are mostly

Industry Nov. 13, 2013
Seoul shares open lower ahead of Bernanke speech
South Korean stocks got off to a weak start Wednesday, as investors stayed cautious ahead of U.S. Federal Reserve Chairman Ben Bernanke's speech on the next day (Seoul time). The benchmark Korea Composite Stock Price Index (KOSPI) dropped 8.64 points, or 0.43 percent to 1,986.84 in the first 15 minutes of trading. Tech firms and steelmakers led the decline, with Samsung Electronics losing 1.2 percent and POSCO sliding 0.8 percent. Analysts said key Fed officials' split views over when the Fed wi

Nov. 13, 2013
Israel halts plans to explore new settlements
Israel's prime minister on Tuesday abruptly halted a plan to explore the potential construction of thousands of new homes in West Bank settlements, saying it had created an “unnecessary confrontation” with the international community that threatened to weaken his campaign against Iran's suspect nuclear program. The plan announced by Israel's Housing Ministry earlier in the day had prompted a Palestinian threat to walk out of U.S.-brokered peace talks and drew angry criticism from officials in Wa

World News Nov. 13, 2013
World's largest orange diamond sold for $31.5m in Swiss auction
A spectacular and rare orange diamond, the largest known gem of its kind, was on Tuesday auctioned off for a record $31.5 million in Geneva."At the back of the hall, 29 million francs ($31.5 million, 23 million euros). Sold!" the Christie's auctioneer said as the fiery almond-shaped gem was snapped up in a room of about 200 people in a luxury Geneva hotel.The price excluded another $4.04 million in taxes and commission.The man who made the purchase swiftly got up and left the room to a round of

World News Nov. 13, 2013
China, Russia, Cuba win U.N. rights council seats
China, Russia, Saudi Arabia, Vietnam, Cuba and Algeria won seats Tuesday on the U.N. Human Rights Council, riling independent human rights groups who said their election undermined the rights watchdog's credibility.The General Assembly elected 14 new members to the 47-seat Geneva-based council, which can shine a spotlight on rights abuses by adopting resolutions _ when it chooses to do so. It also has dozens of special monitors watching problem countries and major issues ranging from executions

World News Nov. 13, 2013
Apple's new iPad mini goes on sale
Apple announced Tuesday it has begun selling its newly revamped iPad mini tablet with an enhanced "retina" display, for which it had not previously announced a firm launch date.Apple unveiled the new gadget on October 22 at the same time as its larger sibling, the iPad Air, but said the mini would be sold at an unspecified date in November.Apple is the largest single vendor of tablets although its market share has now slipped amid competition from rivals.Analysts say the lower-priced iPad mini a

Technology Nov. 13, 2013

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