Most Popular
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Yoon's approval rating plunges to all-time low
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S. Korea votes in favor of Palestinian bid for UN membership
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Chinese man behind drug scam targeting teens nabbed in Cambodia
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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Google enters e-book market in Korea
Joint publishers’ e-reader to roll out in market soon, expecting a boom in Korean marketAttention is being paid to whether the nation’s electronic book industry will be able to bask in a boom as Google threw its hat into the local market this week.Google Korea said on Wednesday that it has created a new “Play Book” category on its mobile app store called Google Play with Korea being the first in the Asian region.By joining hands with many local and global publishers such as Woongjin, Ridibooks a
IndustrySept. 6, 2012
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Renault Samsung, Ssangyong seek recovery
New SM3 targets young consumers; Ssangyong’s Rexton W to be assembled in IndiaRenault Samsung Motors and Ssangyong Motor are gearing up to bounce back from their prolonged sales slump in the local market.Renault Samsung, the fourth-largest automaker in Korea, has launched sales of the New SM3 early this month. Ssangyong Motor will begin production of the Rexton W at a factory in India where the company’s parent group Mahindra & Mahindra is located. The New SM3, the facelift version of Renault Sa
IndustrySept. 6, 2012
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Apple ups offensive against Samsung in Korea
Watchdog probes Korean firm’s alleged 3G patent abuseThe nation’s antitrust watchdog is looking into whether Samsung Electronics’ patented wireless networking technologies could violate a fair licensing agreement within the industry, following a complaint filed by Apple Inc. in June. The investigation by the Fair Trade Commission is expected to cover the two companies’ market shares in the smartph
TechnologySept. 6, 2012
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Court orders communications watchdog to release mobile carriers' cost structures
A Seoul court ordered the communications watchdog Thursday to release cost structures of the country's three mobile carriers in a decision that could possibly help raise pressure on the firms to cut down service charges. The Seoul Administrative Court delivered the ruling in favor of civil rights group People's Solidarity for Participatory Democracy, which petitioned the court to overturn the Kore
IndustrySept. 6, 2012
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S. Korea suffers falling potential growth
South Korea's potential economic growth rate is estimated to have fallen to the 3-percent range on its economic slowdown stemming from the eurozone debt crisis and population aging, economists said Thursday.The country's potential growth rate, or the maximum possible rate at which an economy can grow without triggering inflation, had remained in the range of 4.5-5 percent between 1998 and 2007, ac
Sept. 6, 2012
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'Junk' DNA found to have important purpose
So-called "junk DNA," genetic material in our cells long considered without purpose, plays a vital role in regulating our genes, international researchers say.A study of the 98 percent of the human genome that is not, strictly speaking, genes suggests more than three-quarters of entire allotment of DNA is active at some point in our lives, The Washington Post reported Wednesday."This concept of 'j
TechnologySept. 6, 2012
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Study: Heavy drinking rewires brain
(123rf)A study using mice found heavy alcohol use rewires the brain making it harder for alcoholics to recover from a traumatic experience, U.S. researchers say. Study author Thomas Kash of the University of North Carolina School of Medicine said those who drank heavily were at increased risk for traumatic events such as car accidents and domestic violence, but that only partially explained the co
TechnologySept. 6, 2012
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McDonald’s botches billboard targeting ethnic community
McDonald’s ruined their attempt at attracting a small Asian community by placing a botched billboard in St. Paul, Minnesota, according to news reports. The world’s second-largest food chain wrote the billboard in Hmong to appeal to the strong Hmong population in St. Paul. Hmongs are an ethnic group from the mountainous regions of Southeast Asia. Although the brand is famous for trying to tailor their products and services to locals, it messed up this time. The sign read, “Yuavtxhawbpabraukojsawv
IndustrySept. 6, 2012
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Smartphone features on new Casio watches
Japanese watch manufacturer Casio announced plans on Wednesday to put a function into wristwatches that allows users to control their smartphone with only their watch. Bluetooth 4.0 technology in the new G-SHOCK series will allow users to find out about incoming calls, texts, emails, and more through alarms or vibrations from the watch. Also, users wearing a piece from the new Casio line will be able to locate their phone by pressing a button on their watch which will ring an alarm from the phon
TechnologySept. 6, 2012
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Apple takes patent row to anti-trust watchdog
Apple Inc. has taken its patent row with Samsung Electronics Co. to South Korea's anti-trust watchdog by accusing the top smartphone maker of abusing its dominant market position, sources said Thursday.Since April 2011, the two top smartphone giants have been embroiled in a high-stakes battle across four continents to conquer the $219 billion global smartphone market.Apple has filed a complaint ag
TechnologySept. 6, 2012
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‘Galileo thermometers’ said not Galileo’s
Galileo didn’t invent a colorful, iconic thermometer that bears his name, a chemistry professor at a South African university says in a U.S journal.Peter Loyson of the Nelson Mandela Metropolitan University says so-called “Galilean thermometers” are sealed tubes of liquid in which glass spheres float and sink with changes in ambient temperature.However, Loyson says in an article in the American Chemicals Society’s Journal of Chemical Education, although Galileo may have originated the idea in a
TechnologySept. 6, 2012
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‘Bad Piggies’ is ‘Angry Birds’ follow-up
ESPOO (UPI) -- Rovio, the Finnish maker of “Angry Birds,” has announced a follow-up starring the popular video game’s villains, dubbing it “Bad Piggies.”The company’s “Angry Birds” game has seen re-releases in different formats and extra level packs, but a game featuring the piggish bad guys of “Angry Birds‘ might not seem on obvious choice.”We consider this the launch of a new franchise [rather than a sequel].“ Rovio Vice President Petri Jarvileh told the business magazine Fast Company.Game-pla
TechnologySept. 6, 2012
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Voyager I poised to leave solar system
NASA's Voyager I space probe, launched 35 years ago, is about to leave the solar system and enter interstellar space, scientists say.The spacecraft has detected two changes in the surrounding expanse of empty space around it, exactly as scientist expected it to, before it enters interstellar space, The Register Web site reported Wednesday.This artists rendering provided by NASA shows This image sh
TechnologySept. 6, 2012
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Korea's economic growth cools down to 0.3 percent in Q2
The South Korean economy grew at a slower pace than previously estimated in the second quarter on weaker facility and construction investment, the central bank said Thursday, cementing market expectations for a rate cut this month. South Korea's gross domestic product (GDP), the broadest measure of economic performance, grew a revised 0.3 percent in the April-June period from three months earlier,
Sept. 6, 2012
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Galaxy S3 outsells iPhone 4S in U.S.
Samsung Electronics Co.’s Galaxy S3 overtook Apple Inc.’s iPhone 4S in the U.S. smartphone market in August for the first time since the Apple gadget was released, a report showed Wednesday.“We believe this is the first month since the iPhone 4S launched in October 2011 that it was not the top-selling smartphone in the U.S. market,” said T. Michael Walkley, an analyst at Canaccord Genuity, in a report for U.S. technology review site CNET. Sales figures were not disclosed. The Galaxy S3’s emergen
TechnologySept. 5, 2012
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New policies buckle down on buckling up
All passengers in taxis and inter-city and express buses must wear seatbelts from Nov. 24, the Ministry of Land, Transport and Maritime Affairs announced Wednesday.Under the newly revised regulation, the driver must inform the passengers to put seatbelts on and check if they have done so before departure. Passengers including pregnant women, patients and those who cannot wear seatbelts for other physical reasons, such as obesity, will be excluded from the regulation. Local buses will not be affe
Sept. 5, 2012
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Hyundai Motor, Oilbank, KB Financial team up to support typhoon victims
Some conglomerates and financial groups rolled up their sleeves to support those who are victims of the typhoons that recently hit the nation.Hyundai Motor Group chairman Chung Mong-koo donated 3 billion won ($2.6 million) on Tuesday to an association helping disaster victims.The donated money will be spent aiding the victims of typhoons Bolaven and Tembin, which battered the nation’s west and southwest late last month, company officials said.In addition, the automaker plans to purchase fruits a
Sept. 5, 2012
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Shares dip 1.74% on stimulus disappointment
Korean stocks closed 1.74 percent lower on Wednesday, as no signs of policy actions in the eurozone prompted investors to scurry to unload shares, analysts said. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index retreated 33.10 points to finish at 1,874.03. Trading volume was heavy at 602.3 million shares worth 4.62 trillion won ($4.07 billion) with decliners far outstripping advancers 580 to 240. “The KOSPI has fared well since its upward tr
Sept. 5, 2012
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Korea ranks 19th in global competitiveness
Korea this year moved up five notches in terms of its global competitiveness from a year earlier, helped by improvements in the country’s welfare and education systems, as well as its market efficiency, a report showed Wednesday.According to the annual report by the World Economic Forum, the country’s competitiveness index moved up to 19th place of the 144 countries studied this year. The WEF, a Geneva-based independent organization, releases the report every year based on surveys of business le
Sept. 5, 2012
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Foreigners’ net stock purchases hit record high
Foreign investors’ purchase of local stocks hit a record monthly high in August, as fears over the debt-mired eurozone waned and expectations for economic stimulus ran high, the financial regulator said Wednesday. Overseas investors bought a net 6.6 trillion won ($5.82 billion) worth of local equities last month, surpassing the previous record of 6.2 trillion won posted in January this year, according to the Financial Supervisory Service. Their shareholdings reached 383.9 trillion won as of the
Sept. 5, 2012