Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over 9,000 hotline calls made by stalking victims in 2023
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DP leader says he will meet Yoon without conditions
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Ethiopian Air joins Star Alliance
Ethiopian Airlines has become the latest member of the Star Alliance, the world’s largest airline coalition, Asiana Airlines said Wednesday.Founded in 1945, Ethiopian Airlines is one of the fastest-growing carriers in the region. Sales neared $1.3 billion last year, serving 3.2 million passengers.The African country’s standard bearer flies to 62 international and 17 domestic destinations, connecting the continent’s East to West. It has a fleet of 48 passenger and cargo aircraft and another 35 on
IndustryDec. 15, 2011
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Lone Star papers out after 8 years
FSC follows court’s ruling to publicize U.S. fund’s eligibilityThe Financial Services Commission has made public its records on Lone Star Funds from the eight years since the regulator approved the fund’s takeover of Korea Exchange Bank in 2003.On Thursday, the FSC sent related documents on Lone Star to the civic group Solidarity for Economic Reform.The documents involve the regulator’s ruling as to whether the U.S.-based fund was eligible to own KEB between September 2003 and June 2006.After a
Dec. 15, 2011
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Turkey to feature rich culture, art ...at Yeosu Expo
Turkish Embassy said on Thursday it would showcase its cultural tradition as well as other rich aspects of the country at the forthcoming 2012 Yeosu Expo. At a press conference, Turkish Ambassador Naci Saribas outlined the plan for the expo aimed at allowing international visitors to experience aspects of Turkey including arts, culture and cuisine. Under the theme of “Land of Civilization, Connecting Seas and Continents,” the Turkey pavilion is set to highlight Turkey’s food, choreography, arts,
IndustryDec. 15, 2011
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Province promotes ‘bokbunja’
North Jeolla Province is striving to promote food and beverages made with “bokbunja,” a wild blackberry indigenous to the region, to carve out a niche market and boost the local economy.Bokbunja has for decades been widely consumed by Koreans due to its antioxidant, anticancer and beauty effects.The wild fruit has been an economic driver for the region since residents started cultivating it on their farms in the late 1980s. Three adjacent counties ― Gochang, some 296 kilometers south of Seoul, S
IndustryDec. 15, 2011
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KDB targets world’s top 20 by 2020
State-run financial group completes acquisition of RBS Uz under global expansion strategyKorea Development Bank has set the goal of becoming one of the top 20 banks in Asia by 2015 and entering the top 20 in the world by 2020, executives said Thursday.The bank’s parent KDB Financial Group completed its takeover of the Royal Bank of Scotland Uzbekistan, or RBS Uz, in November after signing a contract in December 2010.KDB Financial Group chairman Kang Man-soo, who participated in an event to celeb
Dec. 15, 2011
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KT chairman expected to serve another term
Committee to make final decision next month after reviewing his performanceKT chairman Lee Suk-chae is widely expected to extend his tenure as CEO at the nation’s largest fixed-line carrier, industry sources said Thursday.KT decided to form a committee to name a new CEO during a board members’ meeting Tuesday as Lee’s official term of three years expires early next year.Lee could serve a second term, sources said, considering the company’s strong performance under his leadership, especially as
IndustryDec. 15, 2011
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President calls for front-loaded spending preparations for 2012 budget
South Korean President Lee Myung-bak called on the government Thursday to prepare for front-loaded spending of next year's budget to help the country overcome both domestic and foreign economic challenges.He said after receiving a policy report from the Fair Trade Commission that every effort must b
Dec. 15, 2011
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Arthritis tied to cardiovascular deaths
About 40 percent of rheumatoid patients are likely to die of cardiovascular disease, a group of doctors claimed here Tuesday. They called for higher public awareness of rheumatoid arthritis and other disorders conventionally referred to as rheumatism here. According to Dr. Bae Sang-cheol and Dr. Choi Chan-beom’s joint study of 4,721 rheumatoid arthritis patients, about 25 percent suffered from various cardiovascular diseases. About 15 percent had diabetes or other endocrine system disorders and
TechnologyDec. 15, 2011
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Lactobacillus effective against atopic eczema
Lactobacillus has been proven effective in easing atopic eczema, osteoporosis, diabetes symptoms and irritable bowel syndrome. According to eight-week research by professor Choi Chang-hwan of Chung-Ang University Medical Center, IBS patients given Duolac7, an agent containing lactobacillus, showed 50 percent improvement compared to those given placebo’s 13 percent improvement.In other research by Dr. Lee Hyun-ki of Cell Biotech, the manufacturer of Duolac7, those given calcium and lactobacillus
TechnologyDec. 15, 2011
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Tiniest babies are growing up healthy despite odds
CHICAGO (AP) ― One is a healthy first-grader, the other an honors college student majoring in psychology. Once the tiniest babies ever born, both girls are thriving, despite long odds when they entered the world weighing less than a pound.A medical report from the doctor who resuscitated the infants at a suburban Chicago hospital is both a success story and a cautionary tale. These two are the exceptions and their remarkable health years later should not raise false hope: Most babies this small
TechnologyDec. 15, 2011
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ADHD drugs safe for adults’ hearts, research finds
CHICAGO (AP) ― Ritalin and other drugs used to treat attention deficit disorder are safe for adults’ hearts, even though they can increase blood pressure and heart rate, according to the largest study of these medicines in adults.The results echo findings in a study of children with ADHD, by the same researchers, published last month.The review of health records for more than 440,000 adults aged 25 to 64 showed those taking ADHD drugs had about the same number of heart attacks, strokes and sudde
TechnologyDec. 15, 2011
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Tourettes and other tic disorders
Stress is believed to be the most probable aggravating factor of tics. Most tics go away as children become older. However, complex tics that lead to strong discomfort, physical damage, and functional disorders require close consultation with specialists. Children affected by chronic tic disorders or Tourette’s Disorder, with motor tics or vocal tics that persist for more than a year, must seek psychiatric help.Signs and symptomsA tic is an involuntary, recurrent and sudden movement of a part of
TechnologyDec. 15, 2011
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Study finds skin cancer link to smoking
Female smokers four times more likely to get form of non-melanoma tumorsThere are scores of reasons not to smoke, and a recent study has added one more: it may cause skin cancer.Dr. Dana Rollison of the Moffitt Cancer Center recruited 698 participants ― 383 diagnosed with basal cell carcinoma or squamous cell carcinoma, both skin cancers, and 315 with no history of skin cancer. The researchers found smoking was associated with non-melanoma skin cancer overall and that the risk increased with
TechnologyDec. 15, 2011
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Lone Star documents disclosed in 8 years
FSC follows court’s ruling to publicize U.S. fund’s eligibilityThe Financial Services Commission has made public its records on Lone Star Funds in the eight years since the regulator approved the fund’s takeover of Korea Exchange Bank in 2003.On Thursday, the FSC sent related documents on Lone Star to the civic group Solidarity for Economic Reform.The documents involve the regulator’s ruling as to whether the U.S.-based fund was eligible to own KEB between September 2003 and June 2006.After a fo
Dec. 15, 2011
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Lone Star documents disclosed in 8 years
FSC follows court’s ruling to publicize U.S. fund’s eligibilityThe Financial Services Commission has made public its records on Lone Star Funds in the eight years since the regulator approved the fund’s takeover of Korea Exchange Bank in 2003.On Thursday, the FSC sent related documents on Lone Star
Dec. 15, 2011
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Hyundai Motor Group set to outshine Samsung Group in 2011 earnings
South Korea's top automotive group Hyundai Motor Group is expected to post bigger earnings this year than Samsung Group, the country's biggest family-controlled conglomerate, data showed Thursday.The combined earnings of Hyundai Motor Group's eight listed affiliates are projected to reach 18.05 tril
IndustryDec. 15, 2011
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Lotte inks MOU with L.A. on film tie-up
Lotte Group, one of the country’s largest conglomerates, signed a deal with the City of Los Angeles on Wednesday for economic and cultural cooperation in the film industry, company officials said. Under the MOU between the group’s chairman Shin Dong-bin and Los Angeles Mayor Antonio Villaraigosa, the U.S. city will support Lotte Group’s affiliate, Lotte Cinema, to launch its first office in the city. The city of Los Angeles will also help Lotte Cinema find and set up connections within the Holly
IndustryDec. 14, 2011
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Hyundai Heavy names new chief
Hyundai Heavy Industries promoted the head of its construction equipment division Choe Byeong-ku to president and chief executive of the company in a regular reshuffle of executives. Born in 1951, Choe became an executive of Hyundai Heavy in 1999 and was named chief of the construction equipment division in 2009. He became senior executive vice president last year.Hyundai Heavy said its executive-level shakeup on Tuesday was focused on bolstering its electo electric systems, engine and machinery
IndustryDec. 14, 2011
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KCCI chief speaks up against profit-sharing
Sohn Kyung-shik, chairman of the Korea Chamber of Commerce and Industry, expressed his opposition to forcing large companies to share profits with suppliers by law.“Everyone agrees that large and small businesses must cooperate, but you can’t force (profit-sharing) by law because each company has its own situation,” Sohn said during a year-end press conference in downtown Seoul on Tuesday.“Both sides should reach an accord through dialogue. I don’t think it is impossible to come to an agreement.
IndustryDec. 14, 2011
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Samsung Electronics restructures for next year
Samsung Electronics said Wednesday that it has restructured its organization, dividing it into two separate units ― digital media/communications and device solutions ― for independent operations.Consumer electronics and information technology and mobile communications will be included in the digital media and communications unit, which will focus on finished goods.Yoon Boo-keun, who served as the president of Samsung’s visual display business, will lead the consumer electronics business that inc
IndustryDec. 14, 2011