Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Pandemic left Korea more depressed than before: report
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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Study: Early birds possibly had four wings
Early birds evolved from feathered dinosaurs with four wings but soon ditched "training wheels" for more efficient two-winged flight, Chinese scientists say.In 2003, a group of Chinese researchers excavated six fossils of flying dinosaurs with wings on their hind legs, dubbing them Microraptors."When we published that ten years ago there was some suspicion whether the fossil was faked," Xing Xu from Linyi University in Shandong province said.Now Xu and colleagues have described another find supp
TechnologyMarch 15, 2013
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Answering messages while driving like DUI
Using a hands-free kit on a cellphone or texting affected driving as much as being above the legal alcohol limit, Australian and Spanish researchers say. Several Australian universities and the University of Barcelona measured the reaction capacity of 12 healthy volunteers who participated in a driving simulation test lasting two days, each a week apart. Study co-author Sumie Leung Shuk Man of the University of Barcelona said the drivers took the test having consumed alcohol, and then usin
TechnologyMarch 15, 2013
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Samsung goes with ‘three-top’ system
Samsung Electronics seated three different chief executives as part of its efforts to improve operational efficiency and grant more responsibility to each unit the CEOs will lead on Friday, following a board meeting. The world’s top handset, television and chipmaker said that it will establish a three-way leadership system as the company separated its businesses into three different units early this year. Kwon Oh-hyun, vice chairman and the CEO of Samsung’s flagship arm, will take charge of the
IndustryMarch 15, 2013
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Hana, KEB shareholders agree on share swap move
Shareholders of Hana Financial Group Inc. and its affiliate Korea Exchange Bank approved Friday the group's move to take full control of KEB through swapping shares, bank officials said. At an annual meeting, shareholders of Hana Financial voted for the share swap plan with 98.34 percent approval, the group said. It will raise its stake in KEB to 100 percent from the current 60 percent by swapping each of its shares for 5.28 KEB shares. KEB shareholders, in contrast, passed the plan after three
March 15, 2013
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Seoul shares down 0.67 pct in late-morning trade
South Korean stocks traded 0.67 percent lower late Friday morning due to losses in techs and mobile carriers, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) dropped13.48 points to 1,988.65 as of 11:20 a.m.Tech blue chips led the decline, with market behemoth Samsung Electronics falling 2.3 percent and top flat panel manufacturer LG Display losing 1.97 percent. Leading chipmaker SK hynix lost 0.87 percent.Mobile carriers also lost ground, with leading player SK Telecom fall
BusinessMarch 15, 2013
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Alarm clock app difficult to turn off
A pair of Italian developers have created an alarm clock smartphone app designed to help users wake up with math games and other tasks.The FreakyAlarm app, created by Enrico Angelini and Gabriele Di Lorenzo, has a basic mode where users must take pictures of objects or barcodes before bed then photograph the same objects or barcodes to shut the alarm off in the morning, the New York Daily News reported Thursday.The app also has an "evil" setting, which requires users to solve difficult math equa
TechnologyMarch 15, 2013
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Physicists say they have found a Higgs boson
It helps solve one of the most fundamental riddles of the universe: how the Big Bang created something out of nothing 13.7 billion years ago.In what could go down as one of the great Eureka! moments in physics _ and win somebody the Nobel Prize _ scientists said Thursday that after a half-century quest, they are confident they have found a Higgs boson, the elusive subatomic speck sometimes called the “God particle.”The existence of the particle was theorized in 1964 by the British physicist Pete
TechnologyMarch 15, 2013
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Seoul shares open higher on U.S. gains
South Korean stocks opened higher Friday following an overnight Wall Street rally fueled by heightening anticipations of economic recovery, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) advanced 4.34 points, or 0.22 percent to 2,006.47 in the first 15 minutes of trading.Shares gained ground across the board, with No. 1 carmaker Hyundai Motor rising 2.12 percent and top chipmaker SK hynix adding0.52 percent. Leading builder Hyundai Engineering & Construction increased 1.25
BusinessMarch 15, 2013
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Samsung refreshes iPhone-challenging Galaxy line
Samsung Electronics is kicking up its competition with Apple with its new Galaxy S4 smartphone, which has a larger, sharper screen than its predecessor, the best-selling S III.Samsung trumpeted the much-anticipated phone's arrival Thursday at an event accompanied by a live orchestra while an audience of thousands watched the onstage theatrics. The Galaxy S4, which crams a 5-inch (12.7-centimeter) screen into body slightly smaller than the S III's, will go sale globally in the April to June perio
TechnologyMarch 15, 2013
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[Graphic News] Korea trails OECD in number of 100-year-olds
About 1 in 500 Koreans lived to age 100, a lower proportion than in most of the Organization for Economic Cooperation and Development, according to recent research.The study showed that 1,826 among 908,490 Korean people in the 50-54 age bracket in 1961 became centenarians in 2011.In terms of the centenarian rate, Korea ranked 26th of 32 countries in the OECD, according to the report released by Kim Jong-in, a professor of health and welfare at Wonkwang University. Japan topped the list, proving
March 14, 2013
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[Newsmaker] IT expert named to Park’s key ministry
President Park Geun-hye chose a top communications technology expert as the new science minister nominee to fill the seat left by a controversial self-claimed patriot.Professor Choi Mun-kee of top science university KAIST was named on Thursday to head the ministry of Future Planning and Science, which will be newly established under Park’s government reorganization plan.By naming Choi, Park completed the nomination of 17 ministers. Presidential spokesman Yoon Chang-jung said Choi’s expertise was
IndustryMarch 14, 2013
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Profiles of new government appointees
Han Man-soo, Fair Trade CommissionHan, 55, the newly appointed head of the Fair Trade Commission, is a former lawyer who worked for more than two decades at a top law firm, Kim & Chang, here in Korea. Han is said to have gained extensive experience in tax and finance law while at Kim & Chang. Han also previously had some experience in government when he served as an adviser for the Finance Ministry between 1998-1999, and at a number of other tax service-related posts within the ministry. Since 2
IndustryMarch 14, 2013
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Taking care of your lungs
I feel that more people are becoming worried about lung cancer these days. I have had students in their 20s come in with chest pain, who were found to have normal lungs, but insisted on a full check up because their uncle died of lung cancer. Of course, lung cancer can cause chest pain. This does not mean that all chest pain is caused by lung cancer. Many patients, on the other hand, can be diagnosed with lung cancer even without any symptoms.Get tested if you see blood in your phlegmThere are s
TechnologyMarch 14, 2013
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Korean scientists verify link between stress, drug addiction
South Korean scientists have identified a substance that causes a drug addict to become more strongly addicted under stress, the science ministry said Wednesday, suggesting a way to lower the chance of repeat addiction.It was confirmed that people with previous records of drug addiction are more prone to become addicted again when placed under significant amounts of stress, but how exactly stress works to increase the chance of repeat addiction has not been verified, according to the Ministry of
TechnologyMarch 14, 2013
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Dental microscopes boost quality of treatment
High-performance microscopes are powerful tools in dental treatment, but only a handful of university hospitals and professional clinics possess such equipment.These microscopes magnify the treatment area by 10 to 26 times, which allows dentists to detect miniscule cracks and nerve damage in the teeth that are invisible to the naked eye. In the past, it was difficult to detect the precise location of infection, and thus dentists frequently removed healthy teeth surrounding the infection point as
TechnologyMarch 14, 2013
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Most lottery ticket buyers above breadline
The majority of households that frequently purchase lottery tickets do not belong to the low-income bracket, the Finance Ministry said Thursday.Citing a survey, the ministry claimed that 72.6 percent of steady lottery buyers were from households whose average monthly income surpassed 3 million won ($2,750).It also said the households with an average monthly income of more than 4 million won took up 35.3 percent of the total buyers.“The poll result counters the social bias that mostly destitute p
March 14, 2013
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Korea logs trade surplus for 13 straight months
SEJONG (Yonhap News) ― South Korea logged a trade surplus for 13 straight months in February despite the prolonged sluggish export growth affected by the global economic slump, customs data showed Thursday.According to the customs-clearance trade figures provided by the Korea Customs Service, South Korea’s exports shrank 8.6 percent on-year to $42.3 billion last month. Imports also dropped 10.6 percent to $40.3 billion.The country’s trade surplus last month, however, came to $2 billion, larger t
TechnologyMarch 14, 2013
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Asiana Airlines wins top fuel efficiency rating
Asiana Airlines Inc., South Korea’s No. 2 flag carrier, has been named the best airline in fuel efficiency in the country, the government said Thursday.The Ministry of Land, Transport and Maritime Affairs made the announcement, citing a test by the Korea Transportation Safety Authority on the amount of greenhouse gas emissions by Asiana Airlines and five other local carriers.Asiana Airlines and Korean Air Lines as well as four other budget carriers signed a voluntary agreement with the ministry
TechnologyMarch 14, 2013
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Shares close flat on key rate freeze
South Korean stocks closed almost flat on Thursday following the central bank’s decision to freeze the key interest rates, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index rose 2.40 points, or 0.12 percent, to 2,002.13. Trading volume was low at 320.7 million shares worth 4.01 trillion won ($3.64 billion), with gainers outnumbering decliners 489 to 324.“Local shares traded flat as investor sentiment was dented by the central bank’s de
March 14, 2013
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Yongsan project unlikely to hurt financial firms
The brokerage industry has downplayed some market observers’ prediction that some major financial firms will be severely damaged from the possible collapse of the 31 trillion won ($28.4 billion) urban development project in Yongsan, Seoul.As the nation’s largest-ever project faced bankruptcy involving worries over capital erosion and liquidation of the state-controlled rail operator KORAIL, some critics commented on the feasibility that the financial services industry will go through heavy losse
March 14, 2013