One out of four workers prefers doing something more productive during lunch time than just eating, according to a survey.In a research conducted by Saramin, an online recruitment website in Korea, about quarter of participants said they were “lunch tourists.” The term refers to those who spend lunch break just for themselves, rather than having a long meal or interacting with colleagues.Out of th

May 4, 2011

The recent increases in Korean stock prices have boosted the number of child millionaires who are members of chaebol families.The number of under-12 children with assets of more than 100 million won ($95,000) totaled 87 as of April 29, according to chaebol.com, an Internet site specializing in information on family-owned conglomerates.The number increased from last year’s 79.Of them, 23 kids were

May 3, 2011

Korean President Lee Myung-bak on Monday sent a letter to U.S. President Barack Obama to show his support for the U.S. fight against terrorism, after U.S. forces killed a long sought-after terrorist, the presidential office here said.In the letter, Lee said the killing of al-Qaida mastermind Osama bin Laden was "an important accomplishment" in Obama's attempt to eradicate terrorism, according to C

National May 2, 2011

The Korean parliament will discuss the ratification of Seoul's free trade deal with the European Union (EU) at a plenary session this week, a lawmaker said Monday, after rival parties agreed on related issues.Rep. Lee Koon-hyon of the ruling Grand National Party (GNP) said the National Assembly will discuss ratifying the free trade agreement (FTA) with the EU this Wednesday. Last week, a parliamen

Politics May 2, 2011

Korean stocks finished at a fresh high on Monday as investor sentiment was boosted by strong U.S. earnings reports and news of Osama bin Laden's death, analysts said. The local currency climbed against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose1.67 percent to 2,228.96. Trading volume was thin at 298 million shares worth 8.32 trillion won ($7.8 billion) with gaine

May 2, 2011

The most intense manhunt in history finally caught up with Osama bin Laden, but his life's story will be told many different ways by different people. Reviled in the West as the personification of evil, bin Laden was admired and even revered by some fellow Muslims who embraced his vision of unending jihad against the United States and Arab governments he deemed as infidels.Bin Laden's money and pr

World May 2, 2011

WASHINGTON (AFP) - The death of the world's most wanted terrorist Osama bin Laden marked "a victory for America," former president George W. Bush said Sunday.Bush, who initiated the "war on terror" to hunt down Al-Qaeda leaders after the September 11, 2001 attacks launched at the start of his presidency, said he had been informed of the news by his successor US President Barack Obama."I congratula

World May 2, 2011

A Korean man has been under investigation on charges of stealing military secrets after being employed by a company developing and managing computer programs for the government, prosecutors said Monday.The 43-year-old man was previously convicted of violating the National Security Law banning pro-North Korea activities.But it is unclear whether the man, identified only by the initial K of his surn

Social Affairs May 2, 2011

Korea's consumer prices grew at a slower pace in April, but they still remained relatively high, raising concerns price hikes might undercut the overall momentum of the economic recovery, a report showed Monday.According to the report by Statistics Korea, the country's consumer price index jumped 4.2 percent last month from a year earlier. It was slower than the previous month's 4.7 percent gain b

May 2, 2011

Florida police have arrested a man for making a phony 911 call to avoid inspection after driving with suspended license, according to a report Wednesday.Jonathan Paul Rorech, 31, was pulled over for driving at 45 mph (72km/h) in a 30 mph (40 km/h) zone at 1 a.m. He first told an officer that his driver’s license was at home. However, when the officer went back to the patrol car to search for the d

May 2, 2011

A British man who won about $30 million last month in the lottery reportedly has not spent a cent.Matthew Breach has not bought a luxurious car or house, unlike typical lottery winners. Breach, who used to get up at 4 a.m. or 5 a.m. daily, said his hobby now was sleeping. The ex-truck driver reportedly purchased the lottery ticket while buying a pint of milk.When asked about his plan for a new hom

Social Affairs May 2, 2011