Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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S. Korea votes in favor of Palestinian bid for UN membership
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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Farming households dip below 1m for first time in 2023
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Woman donates kidney, saves five lives
A single mother of four children from North Carolina, donated her kidney and ultimately saved five lives.Honica Brittman, 35, decided to donate her kidney after seeing her family member struggle to get a kidney. She found a program named “kidney swap,” where there is a waiting list of people who need a kidney. When someone on the waiting list receives a kidney, the recipient’s loved one donates their kidney to someone else on the waiting list. Brittman started the chain reaction by donating her
TechnologyAug. 7, 2012
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Alcohol may help prevent osteoporosis
Women in menopause who drink about two small glasses of wine a day have less of a risk of developing weaker bones, U.S. researchers say. Researchers at Boston University Medical Center said their study involved 40 healthy postmenopausal women of an average age of 56. The authors measured factors that relate to osteoporosis -- body fails to form enough new bone, when too much old bone is reabsorbed by the body, or both -- in postmenopausal women who were consuming alcohol. They were tested after
TechnologyAug. 7, 2012
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Families help ADHD students in college
College students with attention-deficit hyperactivity disorder need support from family members and university staff to succeed, a U.S. researcher says.Kristy Morgan, a recent doctoral graduate in student affairs and higher education at Kansas State University in Leavenworth, said ADHD affects 1 percent to 4 percent of college students and the transition from high school to college is the most difficult. Morgan interviewed eight freshmen -- four men and four women -- to talk about their transiti
TechnologyAug. 7, 2012
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Apple pulling its YouTube app from iOS 6
Apple Inc. has removed its YouTube app from its latest beta version of iOS 6, with the Cupertino, Calif., company saying its license from Google has expired.The app will not be included in the next version of its mobile operating system for the iPhone and iPad, The Wall Street Journal reported Monday.Since the iPhone went on sale in 2007, Apple‘s YouTube app has come pre-installed on the company’s mobile devices.It‘s the latest sign of a growing gulf in the relations between Apple and Google, wh
TechnologyAug. 7, 2012
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Seoul shares turn higher after weak start
SEOUL -- South Korean stocks turned a tad higher Tuesday after opening lower, helped by positive signs from the eurozone overnight, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) rose 1.30 points, or 0.07 percent to 1,887.18 in the first 15 minutes of trading.Oil refiners and machineries led the climb, with top player SK Innovation jumping 2.14 percent and equipment maker Do
Aug. 7, 2012
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Power shortage warning issued amid heatwave
The nation’s oldest reactor in Kori to resume operationThe nation’s state-run power company issued a power shortage warning on Monday, with electricity consumption soaring amid high temperatures. Korea Electronic Power Corp. issued the warning at 11:05 a.m., less than an hour after it announced an electricity shortage alert at 10:17 a.m. The warning followed a large-scale nationwide blackout on Sept. 15 last year. The government said that Monday’s electricity demand exceeded the ordinary level a
IndustryAug. 6, 2012
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Korea, U.S. open joint particle acceleration center
The Korea-U.S. Cooperation Center for Accelerator Science will begin operations on Tuesday, the Ministry of Education, Science and Technology announced Monday. The center is located within the Fermi National Accelerator Laboratory in Batavia, Illinois, and is established as part of an agreement signed in June by the U.S. organization and Korea’s Institute for Basic Science to collaborate on research using particle accelerators. The Fermi National Accelerator Laboratory operates the world’s secon
TechnologyAug. 6, 2012
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KARI upbeat about rocket project
Space agency chief says lessons from two failed attempts to help successful launch of KSLV-1 in OctoberThe chief of Korea’s aerospace agency expressed optimism ahead of the launch of the nation’s first space vehicle slated for October. “Everything is under control and I’m sure we’ll have a successful launch in October,” Kim Seung-jo, president of Korea Aerospace Research Institute, said in an interview with The Korea Herald. Korea failed in its previous two attempts to launch its own rocket in 2
TechnologyAug. 6, 2012
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Samsung’s smartphones dominant, grip on feature phones weakens
Market research firm says Nokia has become renewed threatSamsung Electronics’ shipments of feature phones slipped in the second quarter, even as it secured the top position in smartphones during the same period.Market research firm Strategy Analytics said on Monday that Samsung shipped 43 million feature phones running on second-generation communication networks, from April-June.As a result, the global IT behemoth recorded a minus 21 percent growth in feature phones compared to the same period l
IndustryAug. 6, 2012
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KT, Microsoft to support HTML5 app developers
KT and Microsoft Korea announced on Monday that they will collaborate to promote the development of HTML5-based applications.Under a memorandum of understanding signed by the two companies, KT and MS will seek and support Korean app developers for the World Wide Web, including venture tech start-ups and self-employed entrepreneurs.Korea’s Internet network conglomerate and the global software giant will also provide software and IT education to potential developers as part of efforts to boost the
TechnologyAug. 6, 2012
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Korea expected to become 4th-largest mobile ad market
Global ad spending to top $6b this yearKorea is expected to become the world’s fourth-largest mobile advertising market this year.In a report by eMarketer, a U.S. IT research firm, spending for mobile advertisements in Korea is estimated to reach over $450 million this year, up about 40 percent from $320 million in 2011.Korea will follow the U.S., Japan and the U.K. in terms of ad spending. The U.S., the world’s largest ad market, will maintain the top position with ad spending to reach some $2.
TechnologyAug. 6, 2012
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GM may produce Cadillacs in Korea
U.S. carmaker strives to find breakthrough amid sagging sales of AlpheonGM Korea is seeking a breakthrough to boost the sluggish sales of its premium sedan Alpheon that debuted in the Korean market in 2010.One scenario could be the introduction of the Cadillac brand, also under its parent U.S.-based General Motors, like the current Chevrolet series of which several models are being produced in Korea, industry sources said.The Korean unit of GM had pinned hopes on the Alpheon in terms of sales c
IndustryAug. 6, 2012
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New BC Card head focuses on tech-led innovation
Lee Kang-tae, new CEO of BC Card, vowed on Monday that he will make BC Card the leading group in the card industry by merging finance and communication. “The future card industry will be a market based on mobile cards and big data. The credit card market is in a difficult situation right now, but we should leap up as a small but strong financial firm through business innovations,” Lee said at the inauguration ceremony held at the company’s headquarters in Seoul. “We plan to pioneer the mobile c
Aug. 6, 2012
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Seoul shares rally 2.01% on eurozone hopes
Korean stocks jumped 2.01 percent on Monday as unexpected improvement in U.S. employment data and renewed hopes over the troubled eurozone boosted investor confidence, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index climbed 37.20 points to finish at 1,885.88. Trading volume was moderate at 242.6 million shares worth 4.13 trillion won ($3.66 billion) with advancers outpacing decliners 562 to 242. “Good news from the U.S. and Europe a
Aug. 6, 2012
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Daily passengers at Incheon Airport reach record high
The number of passengers using Incheon International Airport reached an all-time daily high over the weekend, as South Korea’s tourism season is in full swing, its operator said Monday. The nation’s main gateway, located west of Seoul, recorded 143,330 passengers on Sunday, with 64,967 outbound and 75,363 inbound, the airport said in a release. It was the first time the number of passengers surpassed 140,000 since the international airport opened in 2001, it noted.The airport has designated a pe
Aug. 6, 2012
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Oil prices feared to hit Korean economy
International crude prices could jump in the second half due to mounting Middle East geopolitical risks, spelling trouble for South Korea’s struggling economy, think tanks said Monday.The Korea Center for International Finance and the Paris-based International Energy Agency said concerns are rising that a standoff over Iran’s nuclear program and the crude embargo imposed by the United States and Europe can cause oil prices to rise above the $100 per barrel mark in the coming months. Fossil fuel
Aug. 6, 2012
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Brokerages cut staff numbers as financial market stagnates
Local brokerages are reducing their staff amid continued stagnation in the stock market, according to reports. Staff sizes at 63 brokerages in Korea dropped by 0.6 percent from 42,682 at the end of last year to 42,388 in the first quarter, the Financial Supervisory Service and Korea Financial Investment Association said Monday. It is the first time brokerages have reduced employees since 2009, in the wake of the collapse of Lehman Brothers Holdings. “The continued market stagnation resulted in a
Aug. 6, 2012
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Korea, Vietnam announce start of FTA talks
Korea and Vietnam declared the launch of talks on a bilateral free trade agreement Monday as part of efforts to strengthen economic ties, Seoul’s Trade Ministry said.In a meeting held in Hanoi earlier in the day, South Korean Trade Minister Bark Tae-ho and his Vietnamese counterpart Vu Huy Hoang agreed to launch their free trade talks, the ministry said.Korea already has a free trade pact on merchandise with the 10-member Association of Southeast Asian Nations that took effect in 2010. Similar d
Aug. 6, 2012
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Nine savings banks unlawfully controlled by major shareholders
Major shareholders of nine mutual savings banks with assets of more than 500 billion won ($444 million) were found to have interfered with management in an unlawful manner, the nation’s top financial regulator said Monday.The nine savings banks are Hyundai Swiss, Hyundai Swiss 2, Shilla, Gongpyung, Seram, Pureun, Shinana, Moa and W, the Financial Supervisory Service said.While wielding control over the secondary lenders, the major stockholders or their family members did not give any business ap
Aug. 6, 2012
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AustCham Korea recruiting volunteer dancers
The Australian Chamber of Commerce in Korea, or AustCham Korea, is recruiting dancers for its upcoming Chairman’s Night on Sept. 21.This year’s theme is “Dancing Under the Stars.” The chamber is seeking nine volunteers.Each volunteer will be paired with a professional, and will learn specific choreography set to music. A total of eight lessons will be offered. For more details, please call 02-2010-8832. (renee@heraldm.com)
IndustryAug. 6, 2012