Most Popular
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Korean labor force to shrink by 10 million by 2044: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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Allegations surrounding BTS resurface, enraged fans demand apology
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Students with history of violence will be barred from becoming teachers
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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Medical feud leaves hospitals in financial crisis
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Samsung mocks Apple over iPhone alarm glitch
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'Queen of Tears' riding high on Netflix chart
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Chip up cycle won’t stay long: SK chief
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Speaker floats dual citizenship as solution to falling births
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Asiana sponsors Yeosu Expo
Asiana Airlines CEO Yoon Young-doo (right) and Organizing Committee for Expo 2012 Yeosu Korea chairman Kang Dong-suk pose after signing the sponsorship contract in Incheon International Airport on Sunday. (Asiana Airlines)Asiana Airlines signed on as an official sponsor of International Exposition Y
Sept. 25, 2011
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Korean retailers aim to cash in on Chinese golden week
Korean retailers are launching promotions to target Chinese golden week, which starts Saturday. Industry sources expect that more than 2 million Chinese people will travel abroad during the seven-day holiday starting on Oct. 1, China’s national foundation day. With tens of thousands of Chinese touri
Sept. 25, 2011
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KEPCO to develop measures to prevent power outage
Korea Electric Power Corp. will seek to introduce a regulation for controlling electricity consumption when demand spikes.At the parliamentary audit on Friday, the power company said it will push to have such a measure included in related laws in order to prevent recurrences of the nationwide power
Sept. 23, 2011
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Korea braces for semiconductor slump
Samsung chief calls for technological advancement to weather tough conditionsThe global semiconductor industry is far from looking fine, and this spells trouble for Korea where some of its most high-tech companies such as Samsung Electronics and Hynix Semicondutor depend on semiconductors for revenu
Sept. 23, 2011
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S. Korean CEOs getting older: report
SEOUL, Sept. 23 (Yonhap) -- The average age of chief executive officers in South Korea rose slightly this year from one year ago, a report showed Friday. But the average age of Samsung Group, South Korea's largest family-controlled industrial group and parent of Samsung Electronics Co., fell on the
Sept. 23, 2011
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HP names eBay veteran Meg Whitman as new CEO
SAN FRANCISCO (AP) _ Hewlett-Packard has named Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, pushing aside Leo Apotheker after just 11 months on the job. Whitman got the top spot because there are few available people with the experience to run complex techn
Sept. 23, 2011
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Hyundai Heavy bags 10th drill ship order
Hyundai Heavy Industries extended its lead in the drill ship market signing a contract for one more such vessel on Thursday.According to the company, the Geneva-based Noble Corp. issued a 600 billion won ($509 million) contract for a drill ship. With the latest deal, the company has been signed on t
Sept. 22, 2011
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Blizzard’s Diablo III offers new monetary system
Blizzard Entertainment revealed its Diablo III beta trial version to the press Thursday, also unveiling its in-game auction system. Internet crimes, such has fraud, plagued Diablo II through external websites, but the third version of the game aims to provide a safe trading environment by adopting i
Sept. 22, 2011
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Daewoo, STX in gas project on East Sea shelf
Daewoo International Corp. and STX Energy Co. are set to take part in a government project to extract natural gas from the continental shelf in the East Sea to secure stable energy supplies and tackle price swings.The Ministry of Knowledge Economy said it struck an agreement on Thursday with the two
Sept. 22, 2011
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Armed with technology, Modnnet seeks second takeoff
Electronic lecture board maker stresses importance of human resources and technologyFor companies in the information technology industry, quick adaptation to changes and planning are prerequisites for survival. Shin Soon-hee, the chief executive officer of Modnnet, suggests there was more to that fo
Sept. 22, 2011
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New products, technologies strengthen companies’ brand power
Korea Productivity Center releases 2011 National Brand Competitiveness Index ranking 176 brandsNew products and technologies have elevated the brand power of local companies over the past year, whileremaining the market leader has become much more difficult, Korea Productivity Center found in an ann
Sept. 22, 2011
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KT makes name as global player
Company selected as telecom leader in Dow Jones Sustainability IndexKT Corp. is now among the few companies recognized in the Dow Jones Sustainability Index as a global supersector leader, making its name as one of the most competitive companies not only in Korea, but around the world. Only those re
Sept. 22, 2011
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SLS Group on verge of collapse
SLS Group, which came to public attention on Thursday when its chairman Lee Kuk-chul accused former vice minister of culture Shin Jae-min of taking billions of won in bribes, is facing disintegration. Lee, a former civil servant, began his career as a businessman with a factory producing parts for t
Sept. 22, 2011
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K-pop popularity lifts entertainment shares
Bae Yong-joonWith entertainment companies’ shares rising on the popularity of K-pop, the value of securities held by entertainers is soaring to new highs, data showed Wednesday.According to Chaebul.com, the value of SM Entertainment shares held by its chairman Lee Soo-man came in at 165.7 billion wo
Sept. 21, 2011
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Reservoirs, waterway to be open to public
The government is set to introduce new waterways as part of its project to refurbish the country’s four major rivers, hoping to calm much-heated controversy over wilderness protection. The Ministry of Land, Transport and Maritime Affairs said Wednesday it will open to the public the 16 restored rese
Sept. 21, 2011
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SKT to reorganize divisions
SK Telecom announced on Wednesday that it will rearrange business divisions in time for the launch of SK Planet on Oct. 1. The company also said that it will carry out an executive reshuffle. SK Planet will be a new subsidiary created by spinning off SK Telecom’s platform business.Under the plans, S
Sept. 21, 2011
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NCsoft to give out signed baseballs
NCsoft, owner of the newly created baseball team, the “NC Dinos,” will give out official balls signed by Dinos coach Kim Kyung-moon and ace baseball player Na Sung-beom as a part of an event to promote a new application.In what can be translated into “A Fun Guide to Baseball,” NCsoft’s new applicati
Sept. 21, 2011
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Amore Pacific to sponsor organic forum
Cosmetics maker Amore Pacific on Wednesday said it would be sponsoring the 17th conference of the International Federation of Organic Agricultural Movements to be held here next month.Several of Amore Pacific’s brands such as Osulloc will be participating as sponsors, the company said.The conference
Sept. 21, 2011
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Hanwha’s major construction projects under way
With the aim of becoming one of the major global builders, Hanwha Engineering and Construction has successfully won large-scale construction projects nearly all over the world.One of the latest projects the company won is to build the world’s largest domed arena near Manila.In August, Hanwha began w
Sept. 21, 2011
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Hanwha E&C looks to overseas markets for growth
Builder aims to become one of the world’s top 100 construction firms with sales of W5trHanwha Engineering and Construction is turning its attention to overseas markets to fuel its drive to become one of the world’s top 100 construction companies by 2015.Under the plans announced earlier this year, t
Sept. 21, 2011