Most Popular
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[Weekender] Geeks have never been so chic in Korea
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[KH Explains] Why Korea's so tough on short selling
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[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
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NewJeans members submit petitions over court injunction in Hybe-Ador conflict
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‘Kim desperately wanted to denuclearize,’ Moon writes in memoirs
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Actors involved in past controversies return first via streaming service originals
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S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
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Korea set to finalize medical school expansion plans
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Seoul City to open 'hotel' on river bridge
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Yoon, first lady celebrate return of Buddhist relics after century
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Google expert posts concerns on Korea’s Internet regulation
‘Google’s Motorola purchase was to help protect Android ecosystem’A Google senior executive expressed concerns about Korea’s Internet regulation policy on Tuesday, calling the controversial online real-name system “hasty.”“We have some concerns about Korean Internet regulation,” said David Drummond, chief legal officer at Google.“Our view is that you should be careful and move slowly when you think about breaking the openness about the Internet. The real name verification law was hasty and I thi
IndustryOct. 9, 2012
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Samsung, Hyundai-Kia dominate earnings
Data shows Korean economy heavily reliant on top two groupsEarnings of Samsung Electronics, Hyundai Motor and Kia Motors are expected to account for more than half of those reaped by the nation’s 30 major firms this year, a local financial data provider said on TuesdayAccording to FnGuide, the 30 largest enterprises are estimated to post a collective net profit of about 67.5 trillion won ($60.2 billion) this year.Among them, the profits of three ― Samsung, Hyundai and Kia ― are projected to reac
IndustryOct. 9, 2012
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Hyundai, Kia thrive in China as Japanese cars stumble
Hyundai Motor and affiliate Kia Motors forecast sales in China will exceed their targets as South Korea’s two largest carmakers benefit from a wave of anti-Japan protests in the world’s largest vehicle market.The two carmakers will probably sell more vehicles in 2012 than the 1.25 million they had projected, Seoul-based Hyundai Motor said in a statement Sunday. Combined deliveries rose to 127,827 units last month, or 9.5 percent higher than the previous record set a year earlier, it said.Non-Jap
MobilityOct. 9, 2012
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Learning to communicate from advertising
Effective communication is essential in all parts of today’s society, whether political, economic, social or cultural. For example, one of the most important skills that national leaders need is the ability to communicate their ideas and visions with the public, while inside companies, communication skills are considered the second most important quality for management after insight.Yet many people still say communicating with others is difficult. Communication problems are blamed for conflicts
Oct. 9, 2012
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Some feel cheated by pricey matchmakers
Some professional matchmaking companies lack personnel and servicesAge: 35. Gender: male. Occupation: working for a sales department at a pharmaceutical firm. Goal: to get married. Soon.Kim Dae-jin (alias) thought he was all set to tie the knot when he gave out his personal information to sign up at Gayeon, one of the better-known matchmaking companies in Korea, next to Duo.He had been skeptical going into the deal, but his matching manager in charge of his blind dates persuaded him otherwise. K
IndustryOct. 9, 2012
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Inje Univ. professor wins BMW’s academic award
BMW Korea said Monday that it has named Bae Jin-young, professor of management and international trade at Inje University, as the winner of the 2012 BMW Academic Award for his critical insight into the current global financial crisis. The Korean unit of the German carmaker, together with Korean-German Academy of Economics and Management, has offered the award since 1999 with an aim to accelerate academic exchanges between the two countries. In his recent academic paper, Bae offered a deep analys
IndustryOct. 9, 2012
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Study: Learning a language changes brain
(MCT)LUND, Sweden (UPI) -- Intensive learning of a new language can make certain areas of the brain increase in size, Swedish researchers say.Scientists studied young recruits at the Swedish Armed Forces Interpreter Academy who learned a new language at a very fast pace, going from having no knowledge of a language such as Arabic, Russian or Dari to speaking it fluently in the space of 13 months.M
TechnologyOct. 9, 2012
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Warcraft playing candidate under fire
Maine Republicans are criticizing a Democratic state Senate candidate for her “disturbing alter ego” in online game ‘World of Warcraft.’The Maine Republican party has created a website, collensworld.com, to compile comments Democratic candidate Colleen Lachowicz, 48, has made while playing or writing about the online game, the New York Daily News reported Monday.“So I‘m a level 68 orc rogue girl. That means I stab things ... a lot. Who would have thought that a peace-lovin’, social worker and de
TechnologyOct. 9, 2012
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Florida man eats bugs, dies
DEERFIELD BEACH, Fla. (UPI) -- A 32-year-old Florida man ate dozens of cockroaches and worms to win a contest and then he died, authorities said.Edward Archbold of West Palm Beach went outside after winning the contest at the Ben Siegal Reptile Store in Deerfield Beach Friday and collapsed. He was taken to a hospital where he was pronounced dead, The Miami Herald reported.An autopsy was to be perf
TechnologyOct. 9, 2012
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Prehistoric spider attack frozen in time
U.S. researchers have found what they say is the only fossil ever discovered of a spider attacking prey caught in its web, a 100 million-year-old “snapshot.”In an engagement frozen in time, the extraordinarily rare fossils of the spider and its prey, a wasp, are entombed in a piece of amber, Oregon State University reported Monday.“This juvenile spider was going to make a meal out of a tiny parasitic wasp, but never quite got to it,” said OSU zoology Professor George Poinar Jr., a world expert o
TechnologyOct. 9, 2012
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IMF cuts 2012 growth estimate for S. Korea to 2.7 percent
Less than three weeks after cutting South Korea's growth estimate for this year, the International Monetary Fund (IMF) on Monday provided a gloomier outlook for Asia's fourth-largest economy amid uncertainties in the eurozone and U.S. economies.South Korea is projected to record only 2.7 percent in economic growth this year, the IMF said in a new report on the global economy. Based on annual consu
Oct. 9, 2012
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Glass ceiling still thick in public sector
The glass ceiling most certainly exists in corporate Korea, particularly in the financial sector, recent figures showed.Out of 61 registered executives at the nation’s 10 publicly run financial companies, director Roh Jeong-ran of the Korea Asset Management Corp. was singled out as the only woman, according to a government-run data system on publicly-operated firms on Monday. Further, since 2008, these 10 companies had hired 356 female executives, just one-quarter of the total. In comparison, th
Oct. 8, 2012
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Beware Chinese-made counterfeit golf clubs
Chinese-made imitation golf clubs were found being sold illegally on the Internet at up to eight times the original price, the Seoul Main Customs office said on Monday.The office said the clubs ― originally priced at 20,000 won ($18) each ― were being sold for 170,000 won in Korea after they were disguised as clubs manufactured in Japan or the United States. Up to 6.1 billion won worth of clubs were sold this way, officials said. Most of these products were sold by online retailers. One of the c
IndustryOct. 8, 2012
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First cancer cluster identified
Health officials declared Jindo, South Jeolla Province, the country’s first “cancer cluster” on Monday as residents showed abnormally high rates of liver cancer.A cancer cluster refers to a specific geographic area that has a greater-than-expected number of cancer cases.By conducting an in-depth epidemiological investigation last year, the Korea Centers for Disease Control and Prevention identified the island as an area of increased liver cancer risk. Health officials also found that hepatitis C
TechnologyOct. 8, 2012
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Measures urged over misuse of propofol
Lawmakers on Monday called for steps to block the misuse of propofol, a psychotropic drug, amid rising concerns over health risks.They claim some hospitals have been wrongly overprescribing the anesthetic drug to patients who claimed to have sleep disorders. But there are no legal grounds to stop it, said Rep. Shin Eui-jin of the ruling Saenuri Party at a parliamentary audit session. Propofol is a drug commonly used as an anesthetic for surgeries. The lawmaker, citing a report by the Health Insu
TechnologyOct. 8, 2012
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Shares down 0.67% on eurozone concerns
South Korean stocks closed 0.67 percent lower on Monday as investor sentiment remained chilled amid uncertainties over Spain’s bailout and dashed hopes for the upcoming earnings season, analysts said Monday. The local currency slipped against the U.S. dollar.The benchmark Korea Composite Stock Price Index lost 13.28 points to 1,981.89. Trading volume was moderate at 499.4 million shares worth 4.49 trillion won ($4.04 billion), with decliners outnumbering gainers 533 to 300.“Uncertainties over Sp
Oct. 8, 2012
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KT&G releases coffee-flavored Raison
KT&G said it will release the Raison Cafe 1mg, flavored with the aroma of coffee, on Oct. 10.“The product is a milder one with lower containment tar from the Raison Cafe which contains 6 milligrams of tar, which was unveiled in July,” said the nation’s largest tobacco firm.A KT&G spokesman said the coffee-scented product delivers the rich scent of hazelnut coffee with ground coffee beans in the filter. “We spent four years of research and development coming up with a technology that can directly
IndustryOct. 8, 2012
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Korea picked to host 2018 IEC meeting
The Korean Agency for Technology and Standards said Monday that it has won the bid to host the 2018 general meeting of the International Electrotechnical Commission to Korea. The decision was made at the 2012 IEC general meeting, which was held in Oslo, Norway, between Oct. 1-5.The IEC, headquartered in Geneva, Switzerland, is a world-leading non-profit organization that prepares and publishes international standards for electrical, electronic and related technologies. The general meeting conven
Oct. 8, 2012
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Galaxy Note 10.1 tops Consumer Reports review
Samsung Electronics Co.’s Galaxy Note 10.1 tablet has been picked as one of the best tablet computers along with rival Apple Inc.’s new iPad, a review by a U.S. magazine showed Monday.The 10.1-inch tablet scored 83 points out of a 100-point scale, getting the highest points among tablet computers with 9- to 12-inch displays that only support WiFi access, according to the review by Consumer Reports.The Galaxy Note 10.1, which is an upgraded version of the Galaxy Tab 10.1 and comes with a electron
Oct. 8, 2012
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Imported car sales jump 20.6% in September
Sales of foreign-made vehicles in South Korea jumped 20.6 percent in September on-year to reach a record high, fueled by sales promotions and a steady demand for premium models, a trade association said Monday.A total of 12,123 imported vehicles were sold here last month, exceeding the 12,000-level for the first time since foreign cars first made inroads into the South Korean market in 1987, according to the Korea Automobile Importers and Distributors Association. The figure also represents a 14
MobilityOct. 8, 2012