Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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70-year-old puts her best foot forward, 10 km a day
KANSAS CITY, Missouri ― Margie Warden is walking.It’s 4:45 a.m., and even some of the birds aren’t up yet, but she’s walking. She’s 70 years old and sweating through a gray shirt as she trudges up a long hill in the dark. She’ll walk 10 kilometers on the grounds of Kansas City Kansas Community College before the sun comes up. Ten years from now ― God willing, she says ― she’ll still be walking 10 kilometers every day. She’ll walk in the heat, in the cold, in the rain and the snow, because that’s
TechnologyMay 10, 2012
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Anemia
Anemia is a condition in which the blood has a below-normal level of red blood cells, hemoglobin, or hematocrit. In general, the patient is diagnosed as anemic if their hemoglobin content is lower than 13 grams per 100 ml in men, or 12g per 100 ml in women.Not every case of dizziness is diagnosed as anemia.Though many people think they are same, dizziness and vertigo are often not caused by anemia. Anemia could be one reason behind dizziness, but there are many other possible reasons including d
TechnologyMay 10, 2012
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Viagra helps children with heart defects
Viagra, or sildenafil may give a boost to underdeveloped hearts in children and young adults with congenital heart defects, U.S. researchers say.Study leader Dr. David J. Goldberg, a pediatric cardiologist at The Children's Hospital of Philadelphia, and colleagues randomly assigned 27 children and young adults to receive either sildenafil or a placebo for six weeks. After a six-week break in treat
TechnologyMay 10, 2012
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World’s priciest bike? Or world’s slowest sports car
Fahrradi Farfall FFX speeds … at 16 km per hourFrom outside, it is a dream car; aerodynamic smooth design, fiery red body, and gullwing doors that flap up, getting speed maniacs readying themselves for a hypersonic ride.That is, until someone hops in and find out they have to pedal their way at tedious 16 kilometers per hour.‘The Fahrradi Farfall FFX,’ the world’s most expensive bicycle, looks just like 1 million pound ($1.6 million) Ferrari FXX. But one tiny difference is the absence of the sta
TechnologyMay 10, 2012
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Apples, onions, green tea can prevent blood clots: study
An apple a day keeps blood clots away, claim scientists.In fact, oranges, onions, green tea and black tea -- all of which contain the chemical rutin -- may also contribute to preventing blood clots. Researchers at Harvard Medical School tested 500 different chemicals to find that rutin was most effective in blocking protein disulfide isomerase, a key enzyme linked to the formation of blood clots.“Clots occur in both arteries and in veins,” says Professor Robert Flaumenhaft, who led the research
TechnologyMay 10, 2012
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BOK freezes key rate for 11th month in May
South Korea's central bank on Thursday left the key interest rate unchanged for the 11th straight month in May, as persistent European debt concerns and the weak pace of domestic economic growth challenge policymakers. Bank of Korea Gov. Kim Choong-soo and his fellow policymakers froze the benchmark 7-day repo rate at 3.25 percent for this month, as widely expected. The decision was in line with t
May 10, 2012
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U.S.-made cars still unpopular under FTA
U.S. automakers are still posting sagging car sales in Korea despite the free trade agreement between the two countries that took effect two months ago.Three U.S. companies ― General Motors, Chrysler and Ford Motor ― grabbed only 6.1 percent of the nation’s import car market with combined sales of 656 units in April.While their market share has stayed below 10 percent among import brands over the past few years, the three players have been pinning hopes on the Korea-U.S. FTA, implemented on Marc
MobilityMay 9, 2012
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Samsung testing expansion of flexible working hours
Samsung Electronics said Wednesday it is currently testing a new work system which allows its employees to stay on the job for only four hours during one of the five working days.The flagship unit of the country’s biggest conglomerate introduced the system for the first time last month in some departments such as the Digital Media and Communications research and development center in Suwon and the semiconductor research center in Hwaseong, Gyeonggi Province.“We decided to give it a grace period
IndustryMay 9, 2012
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Lotte Beverage sued over safety of water in popular soju
A businessman has filed a complaint with the prosecution against Lotte Chilsung Beverage over the safety of the regenerated alkaline water it uses to make soju.Kim Mun-jae, CEO of Chafko, an eco-friendly material producer, said on Wednesday that he sued the liquor manufacturer for violating the food hygiene law by using regenerated alkaline water in Cheoumcheoreom, the brand’s popular soju. Lotte Chilsung Beverage has been using the water, which has a lower acidity level than natural water, as t
IndustryMay 9, 2012
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Fire temporarily halts work at Hyundai Motor’s Beijing plant
A fire that broke out at Hyundai Motor’s Beijing Plant No. 1 in China on Tuesday was extinguished within two hours, without much damage to the automaker, company officials said on Wednesday.The fire halted the plant’s entire operations, the carmaker said. The fire-damaged plant is one of the three Beijing-based plants located in the Linhe Industrial Development Zone, Shunyi District, Beijing. They are identified as Beijing Plant No. 1, No. 2 and No. 3.The country’s leading carmaker said that the
May 9, 2012
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Apple revises after-sales care policy for Korean consumers
It is now a lot easier for Apple users here to be compensated for their faulty products as the California-based electronics giant recently revised its after-sales policy in Korea. Apple, which has maintained a single policy globally with a few exceptions, had already started replacing faulty iPhones with new phones, not refurbished ones, in Korea since October last year.The company recently agreed to expand the improved after-sales services to all the products they sell in Korea, except its flag
IndustryMay 9, 2012
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Final rush to get Yeosu Expo ready
Organizers expect about 500,000 foreign tourists to visit global maritime festivalYEOSU, South Jeolla Province ― A last push was being made Wednesday to prepare the Yeosu Expo site, with some pavilions unfinished and roads around the site still under construction two days before the opening ceremony.Organizers said that about three pavilions would not be completed in time for Friday’s grand opening, and also tried to allay concerns over a lack of adequate accommodation. Chairman of the Expo 201
May 9, 2012
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Securities firms’ profits plunge 19.2% in 2011
Brokerage houses in South Korea saw their earnings nosedive 19.2 percent in fiscal 2011 from a year earlier due to decreased commission and stock-related income, the financial regulator said Wednesday.The combined net profit of 62 local and foreign securities firms operating here came to 2.26 trillion won ($1.98 billion) in the year that ended on March 31, down from 2.80 trillion won a year earlier, the Financial Supervisory Service said in a report.The weaker bottom line is attributable to an o
May 9, 2012
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Korea’s money supply almost flat in March
South Korea’s money supply remained nearly unchanged in March from the previous month as gains in short terms trusts and savings were offset by contractions in funds and certificates, the central bank said Wednesday.The country’s M2, a narrow measure of the money supply, reached a seasonally adjusted 1,768.5 trillion won ($1.54 trillion) in March, effectively unchanged from 1,756.3 trillion won for the previous month, according to the Bank of Korea. Compared with a year earlier, the M2 expanded
May 9, 2012
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Standard Chartered to foster trade between Korea, Southeast Asia
Standard Chartered Bank said on Wednesday it will bolster efforts to facilitate the growth of trade flows between Korea and Southeast Asia and assist Korean companies doing business in the region.“Standard Chartered is superbly positioned to facilitate the growth of trade flows between Korea and South East Asia. With our long history of over 150 years, deep local knowledge and a strong network in South East Asia, we are able to help Korean companies expand their businesses in these markets,“ Ric
May 9, 2012
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Shares drop on U.S. falls, eurozone woes
South Korean stocks closed 0.85 percent lower Wednesday on overnight Wall Street falls and growing concerns that France and Greece may reverse course on fiscal austerity measures, analysts said. The local currency fell against the U.S. dollar.The benchmark KOSPI lost 16.72 points to 1,950.29, a turnaround from a gain in the previous session. Trading volume was moderate at 462 million shares worth 4.90 trillion won ($4.29 billion), with losers outpacing gainers 537 to 306.U.S. stocks fell to a tw
May 9, 2012
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FSC chief rebukes union’s threat against Woori stake sale
Kim Seok-dong, chairman of the Financial Services Commission, on Wednesday stressed that the government will go ahead with its plan to privatize Woori Financial Group despite warnings of a strike by the Woori union.The labor union of Woori warned on Monday that it will launch a general strike if the government takes steps to merge the nation’s largest financial group in assets with rival KB Financial Group. “The privatization of Woori Financial Group is not something people can protest against,”
May 9, 2012
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KDIC moves to sell troubled savings banks
Sets May 18 deadline for bids to manage sale of suspended banksThe state-run Korea Deposit Insurance Corp. has begun the procedure to sell off four suspended savings banks ― Solomon, Mirae, Korea and Hanju.The KDIC announced Wednesday on its website that it will receive bids from select companies to manage the sale and provide legal advice.The requests for proposals should be submitted to the KDIC headquarters in Seoul by 5 p.m. on May 18. The selected sale manager and legal consultancy will hav
May 9, 2012
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Facebook execs talk growth as IPO meetings begin
Facebook Inc. officials are touting growth prospects for the largest social network in meetings this week in New York and Boston with hundreds of would-be investors before its record initial public offering. Chief operating officer Sheryl Sandberg and chief financial officer David Ebersman led a presentation in Boston Tuesday. They were joined Monday in New York by chief executive officer Mark Zuckerberg. The executives discussed reasons for acquiring photo-sharing site Instagram and told invest
TechnologyMay 9, 2012
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CA Technologies sees partnerships, acquisitions key to global growth
Choe says company may consider establishing R&D center domesticallyKorea’s software industry may have been in the shadows for quite some time.But Michael Choe, president of CA Technologies Korea, the local subsidiary of the world’s biggest IT management software company, said that with the emergence of cloud computing technology, it will stand at the forefront of innovation.“Software had been a ‘necessary evil’ in the past (in Korea), but now it has become a more integral part of the drive for
TechnologyMay 9, 2012