Most Popular
-
1
[Exclusive] Korean military set to ban iPhones over 'security' concerns
-
2
Korean, Romanian leaders discuss defense tech, nuclear energy
-
3
[Graphic News] 77% of young Koreans still financially dependent
-
4
S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
-
5
Yoon’s jailed mother-in-law excluded from latest parole list
-
6
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
7
[Pressure points] Leggings in public: Fashion statement or social faux pas?
-
8
Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
-
9
Korea’s homegrown nanosatellite successfully launches into space
-
10
Aging population to drive down Korea's housing prices from 2040: experts
-
SNU seeks to bring in three Nobel chemistry laureates
Seoul National University seeks to invite three Nobel Prize-wining chemists from Israel to be full-time professors next year, school officials said Thursday. One candidate is Daniel Shechtman, professor of materials science at the Technion ― Israel Institute of Technology ― who received the Nobel Prize in chemistry in 2011 for his discovery of chemical structures called quasicrystals.The others are Avram Hershko and Aaron Ciechanover from the same university, who were jointly awarded in 2004 for
Oct. 17, 2013
-
A scenic night walk along Seoul’s city walls
The Korean Association of Foreign Language Academies is to hold a scenic stroll program on Saturday from 5 to 9 p.m. for both foreign residents and locals.Dubbed “Seoul City Wall Night Walk,” the second charity walkathon was organized to allow foreigners living in Seoul to experience the city’s culture and learn about its history, said Hwang Sung-soon, president of the KAFLA. “Proceeds will go to building schools in poverty-stricken countries.” About 1,000 are expected to walk the 8.8-kilometer
Oct. 17, 2013
-
Five Tong Yang Group units go under court receivership
Five affiliates of troubled Tong Yang Group won court protection Thursday to cope with liquidity crisis, court officials said.The move comes after the country's 38th-largest conglomerate filed for court receivership for five of its units – Tongyang Inc., Tongyang Leisure Co., Tongyang International Inc., Tongyang Cement & Energy Co. and Tongyang Networks Corp. -- on Sept. 30 and Oct. 1 after it failed to pay back maturing short-term debts worth some 110 billion won (US$103.1 million) in time.The
Oct. 17, 2013
-
FSC will deal with Tong Yang Group 'by the book': chief
The financial regulator will ensure that the probe into the debt-saddled Tong Yang Group is done by principle to bring those responsible to account and minimize investor losses, its chief said Thursday, amid growing criticism that the regulator failed to prevent the crisis from occurring. "We won't allow any tolerance or hesitation whatsoever in executing the probe on Tong Yang Group. Everything will be done as a matter of principle," Shin Je-yoon, the chairman of the Financial Services Commissi
Oct. 17, 2013
-
295 more S.Koreans confirmed abducted by N.Korea
The South Korean government has added 295 more people to its official list of abductees taken by North Korea during the 1950-53 Korean War, a special commission on the issue said Wednesday. During the 11th meeting of the commission on Korean War abductees, the government confirmed additional Koreans were kidnapped by the communist country, bringing the total number to 2,560. Notable South Koreans were placed on the list, such as Chung In-bo, a famous scholar of classical Korean studies; Kim
Oct. 16, 2013
-
Court ruling on sexual abuse stirs controversy
A lower court on Wednesday ordered a local driver’s license agency to cancel its decision to dismiss a male employee accused of sexually harassing a female applicant.The Seoul Central District Court ruled in favor of a plaintiff who was fired by the Korea Road Traffic Authority last year for sexually harassing and assaulting a female examinee in September. The court said it believes that he intended to make the woman feel less nervous. “(The plaintiff) as a test supervisor appears to have said s
Oct. 16, 2013
-
Appeals court dismisses petition to retrieve assets taken by late President Park
A Seoul appeals court on Wednesday dismissed a petition to retrieve lost inheritance by the family of a deceased Busan businessman whose assets they claimed were forcibly taken by late authoritarian leader Park Chung-hee five decades ago. Upholding a lower court's ruling, the Seoul High Court ruled against the six family members of Kim Ji-tae, the businessman and a two-term lawmaker in the 1950s, saying that Kim still had some freedom of decision over his assets after being coerced into donating
Oct. 16, 2013
-
Chinese freighter sinks off S. Korea, eight dead: coastguard
Eight crew members of a Chinese-owned cargo ship died after their vessel sank in rough seas off the South Korean harbour of Pohang, coastguard officials said Wednesday.The Panamanian-registered 8,461-tonne freighter, carrying a 19-member crew, sank late Tuesday during a storm as it was waiting to enter Pohang and unload its cargo."Eight bodies have been recovered, eight others survived, and three are still missing," a South Korean coastguard spokesman told AFP.China's state media reported that 1
Oct. 16, 2013
-
Tong Yang offices, chief’s home raided in widening probe
The prosecution raided the residence of Tong Yang Group chairman Hyun Jae-hyun and its key affiliates on Tuesday in a widening probe into their alleged involvement in massive investment fraud.Investigators searched and seized computer hard drives, accounting records and internal corporate reports at 10 Tong Yang units including Tong Yang Securities, Tong Yang Networks, Tong Yang Leisure and Tong Yang International.Last week, Seoul Central District Prosecutors’ Office launched the investigation i
Oct. 15, 2013
-
Seoul to launch Hangang River helicopter tours
Seoul will launch a Hangang River helicopter tour program Wednesday to offer tourists a bird’s eye view of the city, officials said. Four helicopter routes will be available, all departing from Jamsil heliport in southeast Seoul. The Jamsil and Korea World Trade Center route will offer views of the Gangnam area, while the Yeuido and Gwangnaru courses will give opportunities to see the city center and eastern areas, respectively. The rides will take around 5 to 15 minutes and prices will vary fro
Oct. 15, 2013
-
Korean parents read far less than their kids: survey
South Korean parents with elementary school children read fewer books than their kids, a survey showed Tuesday.According to the survey conducted by education firm Hanuribook, 36.6 percent of the respondents answered that their children read six to 10 books a month.In contrast, 26.6 percent of those parents said they read one book or less a month.Parents who read more than six books a month accounted for 12.3 percent, marking a wide gap with their children in the amount of reading.“Reading is get
Oct. 15, 2013
-
Reporter, blogger arrested for spreading false rumors online
A local daily reporter and a blogger were arrested for spreading false rumors about a TV announcer's personal life, prosecution officials said Monday, in yet another case of online libel leading to criminal charges.The Seoul Central District Prosecutor's Office said the two face defamation charges for their online postings. They had claimed that Hwang Soo-gyeong, an announcer with state-run broadcaster KBS, was caught having an affair, and that her prosecutor husband was going to divorce her.The
Oct. 14, 2013
-
[Photo News] New cab fares
Oct. 14, 2013
-
Hyosung executives summoned as probe focuses on tax evasion
The prosecution began summoning Hyosung Group executives on Monday as they seek to determine the scale of the conglomerate’s alleged tax evasion. The Seoul Central District Prosecutors’ Office is also continuing to analyze data obtained by raiding the group’s office and those provided by the National Tax Service. In addition, the investigators are reported to have requested information regarding financial transactions conducted by Hyosung Group chairman Cho Suck-rai and his family from the Finan
Oct. 14, 2013
-
Seoul offers W120b sweetener in landfill row
Seoul City promised massive infrastructure investment as an incentive for Incheon to allow the capital to continue to use landfills inside the port city.The two municipal governments signed an agreement Monday under which Seoul would inject 120.5 billion won ($95.5 million) by 2016 in improving a road and the environment surrounding the waste management facilities.Two outdoor garbage dumps in Incheon have served Seoul, one already full and the other to be closed in 2016.Seoul is asking Incheon t
Oct. 14, 2013
-
U.S. universities make big bets on start-ups to find new Facebook
WASHINGTON (AFP) ― Just before graduating from the University of Michigan, Calvin Schemanski began his start-up.With two classmates, he got free office space on campus and $7,500 in funding from the university’s student startup accelerator, TechArb. The project, a restaurant recommendation app called MyFab5 using a “favorites” formula, is now preparing a national launch.The project is among dozens at Michigan and thousands across the United States getting help from “incubators” at U.S. colleges
Oct. 14, 2013
-
Nobel chemistry winner to visit Korea for forum
This year’s winner of the Nobel Prize in Chemistry will come to Korea later this month, a Korea University official said on Monday.Professor Ariel Warshel of the University of Southern California is set to attend a forum, titled “Molecular Frontiers Symposium 2013,” in Seoul where he will give a lecture on Oct. 29.“High school students, Korea University students and professors will participate in the conference,” one school official said, adding that 1,000 people are expected to attend. Warshel
Oct. 14, 2013
-
Military agency suffered 1,607 cyber attacks: lawmaker
The Military Manpower Administration of South Korea came under 1,607 cyber attacks in the past three years, a lawmaker said on Monday, citing a report from the agency to a parliamentary audit.The online attacks came from 36 countries, in addition to home-grown hacking attempts. The majority of attacks traced back to South Korean Internet addresses, followed by the United States and China. MMA stores and manages the vast database of those serving in the Korean military. The agency said it runs bu
Oct. 14, 2013
-
Personal data provided to agencies skyrocketing
South Korea’s investigative agencies obtained a record 7.88 million personal records from telecom operators last year amid deepening worries over the security of personal data across the globe. The figure marked a sharp increase from 2011 when local authorities obtained 5.85 million personal records, according to the data provided by the Ministry of Science, ICT and Future Planning. The amount of personal data given to the agencies has been growing steadily in recent years.Under the current law,
Oct. 14, 2013
-
Korean college students set up startup in Silicon Valley
A tech startup established by college students will set up an office in Silicon Valley through a global incubating program, Yonsei University in Seoul said on Monday.The startup, named Newology, has grabbed the chance for generous support and expert mentoring from Plug & Play, a major global incubating program that had nurtured famous companies such as Paypal and Dropbox.Newology will move to the office in the Plug & Play Tech Center in Silicon Valley, the very heart of promising startups toutin
Oct. 14, 2013