Most Popular
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Naver’s Line ownership in jeopardy as Japan ups pressure
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Hybe refutes Ador CEO Min's denial of breach of trust
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S. Korea, Japan could consider simplified entry agreement: Seoul official
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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[Weekender] How DDP emerged as an icon of Seoul
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[Herald Interview] Guggenheim Museum makes a push for technology-based art with LG
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Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
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'The Roundup: Punishment' becomes fastest 2024 film to top 2 mln admissions
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Tensions heighten ahead of first president-opposition chief meeting
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Ancient 'Megapiranha' had strongest bite
An ancient "Megapiranha" weighing around 20 pounds delivered a bite with a force more fierce than even the toothy Tyrannosaurus rex, a U.S. researcher says.Based on bite strength versus body size as found in modern piranhas, the Megapiranha of 10 million years ago could have had a bite force from 280 to 1,070 pounds -- 30 times its body weight -- and possibly more, University of Washington biology doctoral student Stephanie Crofts said."If our calculations are correct, Megapiranha was probably a
TechnologyDec. 28, 2012
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Holding back emotions may reduce lifespan
German researchers say exercising self-restraint and holding back negative emotions -- what Britons call keeping a "stiff upper lip" -- may reduce lifespan.Researchers Marcus Mund and Kristin Mitte at the University of Jena in Germany said the findings might explain why the generally more emotional Italians and Spanish live almost two years longer than the cool English who "keep calm and carry on," MedicalDaily.com reported.After analyzing more than 6,000 patients, Mund and Mitte found people wh
TechnologyDec. 28, 2012
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Better language skills may reduce anger
Toddlers who have developed language skills are better able to manage frustration and less likely to express anger as they get older, U.S. researchers say.Principal investigator Pamela M. Cole of Pennsylvania State University and colleagues tracked 120 predominantly white children from families above poverty but below middle income from the time they were 18 months to 48 months.Through home and laboratory visits, they measured children‘s language and ability to cope with tasks that might elicit
TechnologyDec. 28, 2012
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Trade minister runs for WTO director-general
Trade Minister Bark Tae-ho will sign up as a candidate for director-general of the World Trade Organization, the ministry said Friday."The government has decided that Trade Minister Bark Tae-ho will run for WTO director-general to be elected by late May next year. His candidacy will be registered through the Permanent Mission of the Republic of Korea to the U.N. Secretariat and International Organizations in Geneva," the ministry said in a statement.Incumbent WTO director-general Pascal Lamy’s
Dec. 28, 2012
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African-designed smartphone, tablet seen
An entrepreneur in the Republic of the Congo is launching what he says is the first African-designed smartphone and tablet.Verone Mankou said his company‘s VMK devices will run the Android operating system and will cost $170 for the smartphone and $300 for the tablet computer, the BBC reported Thursday.“Only Africans can know what Africa needs,” Mankou said at a technical conference in Johannesburg, South Africa.“Apple is huge in the United States, Samsung is huge in Asia and we want VMK to be
TechnologyDec. 28, 2012
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Seoul shares open higher on builders, logistics
South Korean stocks opened slightly higher Friday on gains in logistics and construction heavyweights, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) edged up 1.47 points, or 0.07 percent, to 1988.82 in the first 15 minutes of trading.Logistics shares gathered ground, with Hyundai Glovis increasing 0.68 percent, while CJ Korea Express climbed 1.47 percent. Korean Air, South Korea's top flight carrier, added 0.22 percent.Construction firms also traded higher, with No. 1 bui
Dec. 28, 2012
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S. Korea's industrial output grows 2.9 pct on-year in Nov.
South Korea's industrial output bounced back in November, raising expectations that industrial activities might be picking up, a government report showed Friday.According to the report by Statistics Korea, production in the mining, manufacturing, gas and electricity industries gained 2.9 percent last month from a year earlier, turning around from the previous month's 0.8 percent on-year contraction. The output also grew 2.3 percent on-month, marking the third straight month of expansion. The ser
Dec. 28, 2012
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S. Korea posts record current account surplus in Nov.
South Korea posted a record current account surplus for November as exports gained ground, the central bank said Friday, giving support to the already-strong local currency to the U.S. dollar.The current account surplus reached US$6.88 billion in November, up from a revised $5.78 billion in the previous month, according to the Bank of Korea (BOK). The current account is the broadest measure of cross-border trade.The November surplus marked the 10th straight month of a surplus run, making the acc
Dec. 28, 2012
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Business leaders urge vigilance against uncertainties in 2013
December is the month when the nation’s top conglomerates customarily unveil their management visions for the new year. This year, the companies were given a double burden of preparing for the heightened uncertainties of the global economy, while also preparing for the incoming government of Park Geun-hye. Samsung Group on Thursday held an annual year-end seminar, with some 30 chief executives in attendance, including Choi Gee-sung, the head of corporate strategy office to discuss such plans. Wh
IndustryDec. 27, 2012
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Economic stimulus, battling risks cited as key economic policies
Korea’s macroeconomic policies under the incoming Park Geun-hye administration have yet to be set, but one unchangeable truth is that they will have to be geared to fight the static global economic markets, the government said on Thursday.In its 2013 economic policy outline, the Finance Ministry said the country must remain highly vigilant toward future risks posed by the lukewarm economic conditions of the global economy, while also seeking measures to rejuvenate the local markets.“The U.S. and
Dec. 27, 2012
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Cancer patients reach 1 million, survival rate improves
The number of cancer patients in Korea reached 1 million last year while their survival rates rose from a decade ago, a report showed on Thursday.According to a joint survey by the Ministry of Health and Welfare and the National Cancer Center, Korea had a total of 960,654 patients and survivors ― diagnosed with cancer between 1999 and 2010 ― last year.About 200,000 new cancer cases were found in 2010 alone, up 4 percent from a year earlier, the report add.The statistics showed that both five-yea
TechnologyDec. 27, 2012
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Apartment prices lowest since 1997-98 crisis
Apartment prices in Seoul dropped 4.1 percent in the first 11 months of this year, marking the sharpest fall since 14.6 percent in 1998 when the property market was hit by the Asian financial crisis.Unlike how apartment prices rebounded by 12.5 percent in 1999, prospects for a rise next year are low this time.Whereas home prices nosedived over a short period of time due to an external shock in 1998, the current fall was caused by structural market changes such as reduced demand as people moved t
Dec. 27, 2012
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One in 50 salaried workers earn over W100m
One in every 50 salaried workers in Korea made more than 100 million won ($93,000) last year, according to data from the National Tax Service.Out of the salaried workers who filed for year-end tax adjustments, the share of 100-million-won-plus income earners rose above 2 percent for the first time to 2.3 percent last year, from 1.8 percent in 2010.“The number of salaried employees who make over 100 million won is expected to remain unchanged or slightly decline this year due to the slowed econom
Dec. 27, 2012
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Number of Korean science students abroad growing
The Ministry of Education, Science and Technology said Thursday that the number of Korean students studying science and engineering abroad continues to increase, but has been offset by a high inflow of foreign students.Citing data by Korea’s Science and Technology Policy Institute, the ministry said that the number of undergraduate Korean students who went overseas to study science and engineering doubled to 24,674 in 2011 from 2003.However, the inflow of foreign undergraduates into Korean unive
TechnologyDec. 27, 2012
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Park’s life cycle health, welfare system put to test
Following is the eighth in a series of articles on President-elect Park Geun-hye’s key policies. ― Ed.President-elect Park Geun-hye used to say that her foremost task is to bring stability to people’s lives if she becomes the nation’s first female president. Projecting her image of a guardian of the state and of the people, Park pledged to introduce a Korean version of a lifecycle health and welfare system with programs tailored to all age groups from newborns to senior citizens.Park’s plans see
TechnologyDec. 27, 2012
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Growth plate injury
Growing children have growth plates around their joints, which promote growth of the upper and lower limbs. Such growth plates disappear when children pass puberty, and their growth stops. These growth plates are made of cartilage tissue, which is vulnerable to damage by external forces. Therefore, various traumas can lead to growth plate damage. Children enjoy outside activities and sports when the weather becomes warmer. This is why growth plate injuries most frequently occur in the spring and
TechnologyDec. 27, 2012
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LGD files another petition against Samsung Display
LG Display said Thursday that it filed a lawsuit against Samsung Display for infringing on its liquid-crystal display patent for the Galaxy Tab 10.1.LG asked the Seoul Central District Court to order Samsung to immediately stop producing and selling the firm’s 10.1-inch tablet PC. It also requested that Samsung must pay 1 billion won every day if it choose not to follow its demand.The filing of the suit comes as LG claims that the display technology used for the building of the Galaxy Tab 10.1 i
IndustryDec. 27, 2012
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Novartis wins patent claim in Seoul court
A Seoul court has ruled in favor of Swiss drug giant Novartis AG on a drug patent suit against SK Chemicals Co., a South Korean pharmaceutical and chemicals manufacturer, court officials said Thursday.The Seoul Central District Court ordered SK Chemicals to cease the production of its generic drugs, saying that the local firm has infringed upon a patent on treatment for Alzheimer’s disease developed by Novartis, they said.Earlier last month, the Swiss drug firm filed for an injunction with the c
Dec. 27, 2012
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Shares up on hope for rally next year
South Korean stocks ended 0.26 percent higher on Thursday as investor hopes for rallies next year outweighed falls in high dividend stocks, analysts said. The local currency gained against the U.S. dollar.The benchmark Korea Composite Stock Price Index rose 5.1 points to 1,987.35. Trading volume was moderate at 371.9 million shares worth 3.02 trillion won ($2.82 billion), with decliners outnumbering gainers 434 to 380.“Investors snapped up shares on hopes for next year,” said Kim Young-jun, an a
Dec. 27, 2012
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Manufacturers’ business sentiment rebounds on improved economic data
South Korean manufacturers’ business confidence for January rebounded from a 44-month low tallied in the previous month as some economic data showed improved performances, the central bank said Thursday.The index of manufacturers’ outlook on business conditions came in at 70 for January, up from 67 tallied for December, according to a monthly survey by the Bank of Korea. The index measures manufacturers’ expectations for the coming month.A reading below the benchmark 100 means pessimists outnumb
Dec. 27, 2012