Small-size home appliances are growing in popularity in South Korea amid the increasing number of single-member households, a local manufacturer said Wednesday.Dongbu Daewoo Electronics Co. said it has so far sold more than 2 million refrigerators, washers and other products targeting consumers living alone. A model poses for a photo, provided by Dongbu Daewoo Electronics Co., to mark the sale of 2 million products for single-member households. (Yonhap)The number of single-person households here

Industry Nov. 23, 2016

Kim Moo-sung, former head of the ruling Saenuri Party, said Wednesday he will seek the impeachment of President Park Geun-hye over the ongoing influence-peddling scandal.Kim, considered a key potential presidential contender, also said he will not run for the presidency, but instead focus on normalizing the country in the wake of the current crisis."Park has betrayed the people and Saenuri and seriously violated the Constitution," Kim said.Three opposition parties earlier decided to seek the imp

Politics Nov. 23, 2016

South Korea said it has confirmed the outbreak of highly pathogenic bird flu cases at two poultry farms on Tuesday, increasing the number of confirmed H5N6 avian influenza (AI) virus cases in the nation to four. The Ministry of Food, Agriculture and Rural Affairs said the H5N6 AI virus was discovered at a duck farm in Cheongju, North Chungcheong Province, and at another duck farm in Muan, South Jeolla Province. The veterinary authorities said some 22,000 ducks have been culled in Muan, 385 kilom

Social Affairs Nov. 23, 2016

테슬라가 드디어 한국에 온다. 신세계 측에 따르면, 미국 전기자동차 회사 테슬라는 빠르면 11월 말경 스타필드 하남에 쇼룸을 정식 개장할 것으로 보인다. 미국 뿐 아니라 중국과 일본에서 전기 자동차의 인기를 선도하고 있는 테슬라의 일본 매장을 찾아가 보았다. 테슬라의 일본 매장은 도쿄 중심부인 아오야마에 위치해 있다.  일본 도쿄의 테슬라 쇼룸 (박가영/코리아헤럴드)1층에는 테슬라의 SUV Model X가 전시되어 있다. 자동으로 상하로 열리는 문이 특징인 Model X가 전시되어 있다.  쇼룸 1층 (박가영/코리아헤럴드) 쇼룸 1층의 Suv Model X (박가영/코리아헤럴드)2층에는 테슬라의 스케이트보드 모양의 샤시가 전시되어 있다. Model S와 Model X에 공통으로 쓰이는 이 샤시 한 중간엔 배터리가 있으며, 전통적인 자동차에 비해 매우 간단한 구조로 생겼다. 쇼룸 2층 (박가영/코리아헤럴드)2층 벽면에 인터액티브 모니터가 설치되어 인테리어와 차체의 색상을 바꿔 볼 수

한국어판 Nov. 23, 2016

Samsung Electronics Co. has said there has been no confirmed cases of faulty batteries with the Galaxy S7 smartphone, amid foreign media reports that some of the devices caught fire while charging. The statement by Samsung's American unit, issued last Friday, came as Samsung is trying to limit the damage done by the unprecedented discontinuation of the Galaxy Note 7 over safety concerns. "Samsung stands behind the quality and safety of the Galaxy S7 family. There have been no confirmed cases of

Technology Nov. 22, 2016

South Korea's financial authorities announced a package of measures Tuesday aimed at enhancing the global competitiveness of the local derivative market.Since introducing derivative products two decades ago, South Korea has been a leading player in the field among Asian economies. A computer-generated imagery of a exchange-traded note (ETN). (Yonhap)But its market remains heavily dependent on stock index-linked instruments.The volume of such products traded here last year accounted for 68.9 perc

Nov. 22, 2016

South Korea's deficit in the trade of intellectual property rights narrowed in the second quarter from a year earlier on reduced shortfalls from the trademark and franchise sector, the central bank said Tuesday.In the April-June period, South Korea posted a trade deficit ofUS$160 million in intellectual property rights, compared with $580 million a year earlier, showed data from the Bank of Korea (BOK).South Korea exported $2.34 billion and imported $2.5 billion in intellectual property rights i

Industry Nov. 22, 2016

An opposition lawmaker alleged Tuesday that Choi Soon-sil, the scandal-ridden confidante to President Park Geun-hye, illicitly helped Lockheed Martin Corp. of the United States win South Korean defense projects.Rep. An Min-suk of the Democratic Party said the defense company bankrolled a study abroad trip for the children of a Korean national security official some years ago. The figure in return introduced Choi to the firm, the lawmaker said during an interview with MBC Radio."I have received a

Defense Nov. 22, 2016

Total sales for South Korean companies dropped for two straight years in 2015 from a year earlier amid a protracted economic slump and low oil prices, government data showed Tuesday.The combined sales from 12,181 companies, excluding financial firms, reached 2.16 trillion won ($1.84 billion) last year, down 3.2 percent from a year earlier, according to the data compiled by Statistics Korea. It is based on a survey of 12,460 companies with more than 50 regular workers and a paid-in capital of mor

Industry Nov. 22, 2016

The annual number of people visiting the country's four main royal palaces and Jongmyo Shrine is expected to surpass the 10-million mark for the first time later this week, the cultural authorities said Tuesday. The four palaces are Gyeongbok, Changdeok, Changgyeong and Deoksu. The Jongmyo Shrine is a place where the kings of the Joseon Dynasty (1392-1910) conducted ancestral memorial ceremonies. They are all in Seoul.   Hyangwonjeong pavilion in Gyeongbokgung palace. (Yonhap)"The number of visi

Culture Nov. 22, 2016