Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Med schools expect 1,500+ new admission slots next year
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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Jin Air names new CEO
Jin Air, the low-cost subsidiary of the nation’s flag carrier Korean Air, named Ma Won, the head of Korean Air’s New York branch, as its new CEO on Friday, the company said in a press release. Ma, who joined Korean Air in 1987 and served in an array of departments from passenger marketing to passenger strategy development, is known within the group as a marketing expert.The company said it expects the new CEO to contribute to leading five-year-old and fast-growing airline to its second takeoff b
Jan. 11, 2013
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Moons outside the solar system may have habitable zones
Even exoplanets, where living creatures cannot exist, still have possibility to host exomoons with habitable zones, U.S. scientists said. An exoplanet is one that orbits a star other than the sun.Astronomers have long researched exoplanets to discover an environment that can support life. However, most of them are of gaseous form and only a few have a solid surface on which living creatures can survive.Rory Barnes of the University of Washington and the NASA Astrobiology Institute said in a stat
TechnologyJan. 11, 2013
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Antarctic lake reached after millennia
Russian researchers say they've obtained the first sample of transparent ice from the water of a unique sub-glacial lake in Antarctica.The scientists have drilled into Lake Vostok, sealed for the last 20 million years beneath Antarctica's ice sheet at a depth of 2.3 miles, RIA Novosti reported Thursday.Vostok, the largest of Antarctica's buried network of icebound lakes, may reveal new forms of life and show how life evolved before the ice age, the scientists said."The first core of transparent
TechnologyJan. 11, 2013
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Amazon.com ramps up challenge to iTunes music store
Amazon.com on Thursday launched a service that gives compact disk buyers instant copies of music in the Internet “cloud” in a major challenge to Apple‘s iTunes shop.Amazon AutoRip provides free MP3 versions of music on CDs bought from the online retail titan.Copies of tunes are stored in Cloud Player libraries on datacenter servers and can be streamed to an array of Internet-linked devices including smartphones or tablets powered by Android or Apple software and Kindle Fire tablets.“What would y
TechnologyJan. 11, 2013
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Device produces 'high-tech bulimia'
A device sucks food out of the stomach after eating so only about a third of the calories are kept in the body, helping in weight loss, its U.S. inventors say.The group of inventors, including the creator of the Segway, said patients eat a meal, wait 20 minutes, then empty 30 percent of their stomach contents into the toilet via a tube -- a small, handheld device, which connects to a skin-port discretely embedded on the outside of the abdomen.Calories not digested are calories not absorbed, whic
TechnologyJan. 11, 2013
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BOK cuts growth forecast to 2.8%
The Bank of Korea said Friday that it has revised its outlook on the growth of the nation’s gross domestic product for this year to 2.8 percent, down from its earlier projection of 3.2 percent.Further, the central bank predicted that the first-half economic growth would stay at 1.9 percent on a year-on-year basis.Its prediction on the 2013 economy was unveiled right after the BOK’s Monetary Policy Committee announced it would maintain the benchmark interest rate untouched at 2.75 percent annuall
Jan. 11, 2013
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BOK freezes key rate for 3rd month in Jan.
South Korea's central bank froze the key interest rate for the third straight month on Friday amid signs of some improvements in the global economy.Bank of Korea (BOK) Gov. Kim Choong-soo and his six fellow policymakers held the benchmark 7-day repo rate steady at 2.75 percent for January. The central bank cut the rate in July and October to prop up the slowing economy.The decision was widely anticipated as 15 out of 21 analysts forecast the rate freeze in a survey by Yonhap Infomax, the financi
Jan. 11, 2013
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Seoul shares start higher on upbeat data
South Korean stocks opened higher Friday on improved economic data from China and the eurozone, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) increased 7.39 points, or 0.37 percent, to trade at 2014.19 in the first 15 minutes of trading.Tech blue chips led the market gain, with industry leader Samsung Electronics moving up 0.72 percent and its smaller rival LG Electronics climbing 0.66 percent. Top chipmaker SK hynix edged up 0.56 percent.Logistics shares also gathered gr
Jan. 11, 2013
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Ssangyong to rehire all workers on unpaid leave
Ssangyong Motor’s management and union leaders agreed Thursday to reinstate 455 workers who have been on unpaid leave since the automaker’s large-scale restructuring in 2009. The agreement came one day after a union member attempted suicide and fell into a coma, calling for a prompt resolution of the drawn-out labor dispute at the carmaker. “We have been stepping up efforts to increase car sales and production over the past three years -― the only way to solve the current situation,” Ssangyong s
IndustryJan. 10, 2013
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Samsung shines light on next-gen OLED displays
LAS VEGAS ― Samsung Electronics on Thursday unveiled its next-generation flexible displays and hinted at further innovative components for its products at its keynote session. Woo Nam-sung, president of Samsung’s System LSI business, showcased the prototype for the flexible OLED display and featured a video on bendable and rollable displays.Introducing its upcoming new lineup of future displays under the “YOUM” name, Woo showcased an OLED prototype for handsets made with extremely thin plastic i
IndustryJan. 10, 2013
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Samsung’s Lee receives ‘timeless’ Galaxy phone
What kind of birthday gift do you get a man who has everything? How about a one-of-a-kind smartphone that costs a fortune and is almost ever-lasting? That was what the executives at Samsung were aiming for when they pitched in to get Samsung Electronics chairman Lee Kun-hee a Galaxy smartphone blanketed in lacquer and inlaid with mother-of-pearl for this 72nd birthday this Wednesday. The long-lasting materials represent timeless consistency, according to those close to Samsung. The phone was not
IndustryJan. 10, 2013
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[Newsmaker] Shinsegae’s Chung in hot water
Shinsegae Group vice chairman Chung Yong-jin may be the first target of scrutiny against conglomerates under President-elect Park Geun-hye’s strong pitch for “economic democratization.”The prosecution is reviewing summoning Chung for interrogation on whether he ordered Shinsegae affiliates to charge cheaper sales commissions on his sister’s bakery business.The Fair Trade Commission in October slapped Shinsegae with fines of over 4 billion won for “unfair backing” of Shinsegae SVN. The antitrust
IndustryJan. 10, 2013
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Ministry to support eye-drop vaccine project
The Ministry of Health and Welfare will offer 3.4 billion won ($3.2 million) of funding to a research project developing eye-drop vaccines, officials said.The fund will be given to a team led by professor Seo Kyong-ryul of Severance Hospital in Seoul for the next five years. Seo has been developing an eye-drop vaccine to prevent typhoid fever as alternative to existing vaccines injected through needles.The state-run Korea Institute for Science and Technology and Huons, a local bio-tech firm, wil
TechnologyJan. 10, 2013
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Ceragem’s hemoglobin tester gets KFDA’s approval
CERA-CHEK HB Plus, a hemoglobin tester developed by Ceragem Medisys, has obtained approval from Korea Food and Drug Agency and will be promoted in the local markets, the bio-tech firm said in a statement Thursday.Ceragem is the first company in Korea to apply new electro-chemical biosensor technology to a product. The latest technology allows customers check the level of hemoglobin in their blood within 5 seconds and with only 1 micro-liter of blood, it said.The product features a side-grip stri
TechnologyJan. 10, 2013
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‘Digital health’ movement in focus at CES
LAS VEGAS (AFP) ― With an app, a game or a gadget, technology startups and major companies across all sectors are trying to tackle some of the thorniest problems in health and medicine.The Consumer Electronics Show is filled with new gadgets to monitor fitness, detect problems and find solutions to health issues ranging from obesity to diabetes to rare medical conditions.One trend is “gamification,” which uses a model from the video game industry to offer points and rewards to boost health and r
TechnologyJan. 10, 2013
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Samsung hospital completes Korea’s first artificial heart pump transplant
A Seoul hospital has successfully conducted the first-ever transplant of an artificial heart pump in the country, hospital officials said Thursday.The operation took place in August when a 75-year-old patient suffering from congestive heart failure received a left ventricular assist device (VAD), according to the officials at Samsung Medical Center.A VAD is a mechanical circulatory device typically used for patients suffering from congestive heart failure. The left VAD used in the operation was
TechnologyJan. 10, 2013
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Seoul to tighten safety control of postpartum clinics
The Ministry of Health and Welfare said on Thursday that it will strengthen the safety management of postpartum centers across the country, to improve their sanitation and prevent possible infection from spreading in the facilities.Postpartum care centers or clinics are non-medical businesses that offer full-time services to new mothers for a week or more to help them recuperate after giving birth. The number of these clinics has surged rapidly in recent years, despite prices for the services ra
TechnologyJan. 10, 2013
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‘Apollo’ eye infection spreads fast
The highly contagious “Apollo” eye infection is rapidly spreading across the country as people are more exposed to viruses indoors during the winter, health authorities warned on Thursday.The number of patients with acute hemorrhagic conjunctivitis surged nearly 65 percent in the third week of December last year from the average number of patients reported during the four weeks before that, Korea Centers for Disease Control and Prevention said. The number of patients is also higher than the same
TechnologyJan. 10, 2013
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A low-salt diet
A low-sodium diet is one with a limited amount of salt taken in with food. The sodium component in salt is a risk factor for high blood pressure, edema, kidney diseases and cardiac disease, as sodium is a mineral that draws in and retains moisture, affecting the balance of body fluids. In this case, reducing the intake of salt helps to control blood pressure, ease edema, and reduce stress on the heart.How to follow a low-salt diet 1. Things to be aware of when choosing food: On a preferential ba
TechnologyJan. 10, 2013
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Ministries to brief Park on new policies
Economic-related ministries and agencies are preparing for their policy briefings to President-elect Park Geun-hye, starting with the Small and Medium Business Administration on Friday.Next in line will be the National Tax Service, which is expected to brief and make suggestions on taming and regulating the underground economy, or the black market.It has been conventional for the Ministry of Strategy of Finance to brief the team before the NTS.Political analysts observed that the tax agency has
Jan. 10, 2013