Most Popular
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Korea forecast to overtake Taiwan in chip production by 2032: report
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[K-pop’s dilemma] Can K-pop break free from ‘fandom’ model?
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YouTuber fatally stabbed on livestream by another YouTuber in Busan
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No plan to let doctors with foreign licenses practice here anytime soon: PM
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Yoon rebuffs opposition's call for special probe into wife
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Stray Kids hit with racism in Met Gala photo line
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[News Analysis] Yoon's first 2 years marked by intense confrontations, lack of leadership
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Ador CEO's dismissal to be decided on last day of May
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[Graphic News] Beer the most favored alcoholic drink by Koreans
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Yoon doubles down on repeal of financial investment income tax
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Study links tropical cyclones to earthquakes
US researchers said Thursday they have found evidence that tropical cyclones in Haiti and Taiwan were followed by earthquakes, suggesting that heavy rains and landslides may unleash temblors."Very wet rain events are the trigger," said University of Miami scientist Shimon Wdowinski, an associate res
TechnologyDec. 9, 2011
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Study shows rats nice, not naughty
WASHINGTON (AP) _ New experiments show rats demonstrating compassion and helping other rodents. It is a trait some scientists thought was reserved only for humans and higher primates.And it is certainly not the sneaky, selfish rap that goes with calling someone a dirty rat.In repeated tests, rats fr
TechnologyDec. 9, 2011
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Samsung permitted to roll out Galaxy Tab in Australia
Samsung wins legal battle in Australia, but fails to ban sales of iPhone 4S in FranceSamsung Electronics will be rolling out its Galaxy Tab 10.1 in Australia in time for the holiday season as its High Court rejected Apple’s request on Friday to extend the sales ban on Samsung’s tablet PCs.The three-
IndustryDec. 9, 2011
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KT’s LTE network faces hurdle
The high-speed fourth-generation network service appears to be literally a “long-term evolution” for KT Corp., the nation’s No. 2 telecom carrier. KT was scheduled to halt its second-generation mobile service and to announce the beginning of the long-awaited LTE service at a press conference on Thursday. A Seoul court, however, scuppered KT’s plan on Wednesday, saying “Irreversible damages are expected to the remaining 2G users.”Under a plan to start the faster LTE service in the 1.8 GHz band th
IndustryDec. 8, 2011
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Korea, China, Japan to hold final FTA study meet
South Korea, China and Japan will hold their final joint study meeting next week on the feasibility of a free trade agreement between the three Northeast Asian countries, the Trade Ministry in Seoul said Thursday.The meeting, the seventh of its kind, will be held in Pyeongchang, some 180 kilometers east of Seoul, from Wednesday to Friday, according to the ministry. During the meeting, the three nations will discuss a draft covering commodities trade and other issues, such as service and investme
IndustryDec. 8, 2011
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Seoul, Tokyo stock exchanges to start cross-trading next year
Korea’s stock market operator said Thursday it has signed a preliminary agreement with its Japanese counterpart to begin cross-trading of listed stocks as early as next year, a move that is expected to speed up trading time and lower costs for investors in both countries.Through the deal, the Korea Exchange and Tokyo Stock Exchange will push for cross-trading between the bourses in addition to the listing of exchange-traded fund and derivatives products, the KRX said in a press conference.A cros
Dec. 8, 2011
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Samsung sees record sales of flat-screen TVs
Samsung Electronics Co., the world’s largest TV supplier, said Thursday it set a new record in monthly flat-screen TV sales in November, thanks to a demand spike during the holiday season in the United States. The company sold 5.7 million units of TVs in global markets last month, it said in a statement.The monthly sales record was largely driven by robust demand in the United States during the Thanksgiving holidays, Samsung said. The company saw more than a 40 percent surge in TV sales on Black
IndustryDec. 8, 2011
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Conglomerates expect exports to drop in 2012
South Korean conglomerates expect export conditions to worsen in 2012 mainly due to eurozone debt woes and a U.S. economic slowdown, a poll showed Thursday.The Federation of Korean Industries survey showed that of 22 major businesses polled, 15, or 68.2 percent, expected next year’s export environment to be less favorable than in 2011.The data also showed that 63.6 percent of the conglomerates, including Samsung, Hyundai Motor Co., LG and SK, are bracing for financing-related difficulties in the
Dec. 8, 2011
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SK Group eyes new Chinese oil refinery
HONG KONG (Yonhap News) ― South Korea’s SK Group is considering starting an oil refinery project in southern China, officials said Thursday, a move that would expand the company’s business in the world’s No. 2 economy.The city of Qinzhou is a potential site of the project, and located near the Pearl River Delta, the main hub of China’s economic growth. The city also established a Free Trade Port Area, which was approved by the State Council in May 2008 as a state-level free trade port area. The
IndustryDec. 8, 2011
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Yuhan-Kimberly, a model of joint venture success
Company leads innovation and fosters human resourcesAt a crowded hypermarket in Beijing, the shelves for diapers are filled with Huggies products.Even though their maker Kimberly-Clark has a Chinese branch, all the premium diapers sold in China are produced by Korea-based Yuhan-Kimberly at its Daejeon factory, some 160 kilometers south of Seoul. Yuhan-Kimberly is a joint venture established in 1970 between Korean company Yuhan Corp. and U.S.-based Kimberly-Clark Corp., that entered China’s premi
IndustryDec. 8, 2011
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Oriental doctors track...illegal supplements
The Association of Korean Oriental Medicine is collecting cases of illegally distributed dietary supplements. “Amid the growing public awareness of health and well-being, illegal distributors are selling non-authorized or even harmful supplements through a variety of channels,” said Kim Jung-kon, head of the AKOM. The AKOM has established an “anonymous bulletin” on its website, www.akom.org, to receive information. The reported cases will be investigated and compiled into a database to improve t
TechnologyDec. 8, 2011
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Diabetes in pregnancy more likely if obese
Obese women are more likely to suffer gestational diabetes, a group of local doctors said Wednesday. According to a study on 2,454 pregnant women by professors Shin Jong-chul and Choi Se-kyung of Seoul St. Mary’s Hospital, women who were overweight before pregnancy had a 1.58 times as much chance of suffering from gestational diabetes. It went up as high as 4.5 times higher among obese women. The risk of gestational hypertension was 2.2 times higher among overweight women and 2.5 times higher am
TechnologyDec. 8, 2011
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Leather pants can cause varicose veins
Leather trousers may be fashion-conscious, but are potentially bad for your health, Hanlim Pharm said Wednesday. The manufacturer of Antoleave, trophedema pills, said wearing leather trousers or skinny jeans that tightly stick to the legs for a long period of time could lower blood circulation. This could further develop into chronic venous insufficiency with swollen legs associated with pain, it said. “In winter, the blood vessels in the leg area contract due to cold weather. In the worst case,
TechnologyDec. 8, 2011
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Increase in pancreatic cancer draws concerns
The occurrences of pancreatic cancer and pancreatic cancer-related deaths are increasing notably. This disease, which used to be rare, has become one of the most common types of cancer. It began to draw wider attention when the legendary Italian tenor Luciano Pavarotti died of the disease four years ago, as well as Steve Jobs this year.Since the pancreas is hidden behind the stomach, it is more difficult to access, and no medical breakthrough has been yet made to effectively detect pancreatic ca
TechnologyDec. 8, 2011
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FDA favors more risk info on birth control pills
WASHINGTON (AP) ― Federal health regulators are leaning toward adding new information about the risk of blood clots to the labels of widely prescribed birth control pills such as Yaz, in light of growing evidence that the newer contraceptive drugs may be riskier than older drugs.In documents released Tuesday, the Food and Drug Administration said there is conflicting evidence about the risk, but that the information should appear in labeling used by doctors and patients.“We believe that, because
TechnologyDec. 8, 2011
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Few recall doctor saying child overweight
WASHINGTON (AP) ― Pediatricians are supposed to track if youngsters are putting on too many pounds ― but a new study found less than a quarter of parents of overweight children recall the doctor ever saying there was a problem.Does that mean doctors aren’t screening enough kids, or aren’t frank enough in these tough conversations? Or is the real story parent denial? The research published Monday can’t tell, but makes it clear the message too often isn’t getting through.“It’s tricky to say, and i
TechnologyDec. 8, 2011
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Advice for year-end drinking
Doctors say hangover drinks have limited effect, suggest spicy soup and juiceDecember is a month of year-end parties. Nights of drinking and dining fill people’s schedules. In Korea, nights out are an important part of socialization, especially at the year’s end. According to Samsung Medical Center, about 30 percent of salaried workers are habitual drinkers.Medical experts are quick to point out the health risks posed by alcohol. Dr. Lee Jung-kwon and Dr. Yoo Joon-hyun at SMC offer useful inform
TechnologyDec. 8, 2011
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Yuhan-Kimberly, a proven model of joint venture success
The company sees more business opportunities in ChinaAt a crowded hypermarket in Beijing, the shelves for diapers are filled with Huggies products.Even though their maker Kimberly-Clark has a Chinese branch, all the premium diapers sold in China are produced by Korea-based Yuhan-Kimberly at its Daejeon factory, some 160 kilometers south of Seoul. Yuhan-Kimberly is a joint venture established in 1970 between Korean company Yuhan Corp. and U.S.-based Kimberly-Clark Corp., that entered China’s prem
IndustryDec. 8, 2011
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Innovation center helping research and engineering
Yuhan-Kimberly has established its Innovation Center, aiming to implement the company’s core values -- challenge and creativity.The center at Jukjeon, Gyeonggi Province, which opened Oct. 27, is helping the company maximize efficiency in research and engineering.The company said it will increase the number of research and engineering specialists to 72 from the current 50 by 2015.The company had traditionally operated six departments -- “baby & child care,” “family care,” “senior care,” “feminine
IndustryDec. 8, 2011
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IBK to offer lowest lending rates: CEO
Industrial Bank of Korea CEO Cho Joon-hee unveiled his business policy to lower the maximum interest rate on loans to below 10 percent next year.Under the CEO’s commitment, the state-run bank is poised to provide the lowest lending rates in the local commercial banking sector.“We are pushing for the loan rate cut as households and enterprises are expected to suffer a heavier financial burden amid gloomy predictions over the 2012 economy,” Cho told reporters.To make up for curtailed profit from t
Dec. 8, 2011