The Korea Herald

Finance minister warns of growing inflation burden

Feb 15, 2011

Korea’s economy could face a “burden” from growing inflationary pressure, the nation’s top economic policymaker said Tuesday, stressing that the government will push to head off price instability. “...
Artificial retina helps some blind people

TechnologyFeb 15, 2011

LONDON (AP) ― For two decades, Eric Selby had been completely blind and dependent on a guide dog to get around. But after having an artificial retina put into his right eye, he can detect ordinary th...
LG hopes to sell 30m smartphones in 2011

TechnologyFeb 15, 2011

BARCELONA, Spain (Yonhap News) ― LG Electronics Inc., the world’s besieged No. 3 cell phone maker, aims to more than quadruple its smartphone sales from last year to 30 million units in 2011 in a bid...
MS says to bring full power of Web to phones

IndustryFeb 15, 2011

Multitasking, speedy IE9 coming to windows phone BARCELONA (AFP) ― Microsoft announced Monday an Internet-friendly revamp of its Windows Phone operating system to help capture new territory in the s...
EU ministers agree on larger bailout fund

IndustryFeb 15, 2011

Eurozone to put up $674b for post-2013 bailout fund, disagreement over debt crisis BRUSSELS (AP) ― European finance ministers decided Monday to provide 500 billion euros ($674 billion) for a new cri...
Hyundai Heavy adds to SMEs R&D support

IndustryFeb 15, 2011

The world’s largest shipbuilder Hyundai Heavy Industries announced on Tuesday that it would set up a 30 billion won ($27 million) fund for supporting small and medium sized enterprises’ research and ...
Shinhan starts work to restore image

Feb 15, 2011

New chairman to put group in gear for competition with KB, Woori Han Dong-woo, nominated to head Shinhan Financial Group, faces the daunting challenge of restoring the group’s reputation and mending...
Seoul left behind in bourse consolidation

Feb 15, 2011

Global stock exchange tie-ups to reduce trading options for Korea Exchange A fresh wave of international stock exchange integration poses a bigger challenge to Korea Exchange lagging behind in tradi...
Will mobile messengers end texting?

TechnologyFeb 15, 2011

Competition among mobile messenger operators to get more fierce Kim Ji-young was dumbfounded to find out that she had not used up all of her mobile text messages when she checked her monthly plan la...
NASA spacecraft speeds toward comet encounter

TechnologyFeb 15, 2011

WASHINGTON, (AFP) - A NASA spacecraft is just hours from its long-anticipated encounter with a comet, and skywatchers hope the flyby will shed light on how the comet's surface has changed since it sk...
Samsung to release low-end smartphone

IndustryFeb 15, 2011

Device will be priced below $150; company aims to sell 300m cell phones, 7.5m tablet PCs and 6m samrtphones this year BARCELONA, Spain (Yonhap News) ― Samsung Electronics Co., the world’s No. 2 cell...
Obama lauds S. Korea for wider access to broadband Internet

TechnologyFeb 15, 2011

WASHINGTON, (Yonhap) -- U.S. President Barack Obama on Monday called for more investment in building infrastructure to catch up with South Korea and other outperforming countries. In a message to Co...
S. Korea's female workers up in 2010 on economic recovery

Feb 15, 2011

The number of female workers in South Korea grew in 2010 as the economic recovery boosted employment among women job seekers, data showed Tuesday. The average number of female workers came to 9.91 m...
US sees China as top economy: poll

Feb 15, 2011

WASHINGTON, (AFP) - Most Americans believe China is the world's leading economy, even though in reality the rising Asian power's GDP trails that of the United States, a poll said Monday. Some 52 per...
Shinhan, Woori pick chairman candidates

Feb 14, 2011

Shinhan Financial Group nominated Han Dong-woo, a former vice chairman of the group’s life insurance unit, as the single candidate for its chairman ship Monday. The nation’s third-largest financial ...