Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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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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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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Ministry denies blame for Jamboree debacle
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Dutch court rejects Samsung's injunction claim against Apple
BRUSSELS, Oct. 14 (Yonhap) -- A Dutch court on Thursday denied an injunction request filed by Samsung Electronics Co. to ban its rival Apple Inc. from selling iPhones and iPad tablets in the Netherlands.The district court in the Hague rejected Samsung's claims that Apple infringed on its 3G mobile t
IndustryOct. 15, 2011
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Institutional buying lifts shares 0.67%
South Korean shares finished 0.67 percent higher Friday as institutional investors including the National Pension Fund snapped up shares despite persisting eurozone worries, analysts said. The local currency edged down against the U.S. dollar.Reversing earlier losses, the benchmark Korea Composite S
Oct. 14, 2011
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Telephone monitoring decreases
The Korea Communications Commission announced Friday that the total number of interceptions of telephone calls and online messages by government agencies dropped more than 20 percent in the first six months of 2011 compared to last year, but interceptions by military authorities more than tripled.Ac
Oct. 14, 2011
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Government vows war on ‘fake’ gasoline
The government declared an all-out war on “fake” gasoline on Friday, significantly increasing fines for people selling unauthorized products and giving investigative jurisdiction to government officials.The crackdown starts with changing the commonly used name for such fuel, mostly chemical mixtures
Oct. 14, 2011
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LG Electronics wins tech-related awards
LG Electronics said Friday it received two different awards for technology standardization and marketing skills.As part of the World Standards Day 2011, the company was granted the presidential award from the Korean Standards Association for contributing to technology standardization, according to L
IndustryOct. 14, 2011
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Bidding for savings banks begins
Financial authorities Friday began the process of selling six savings banks suspended from business since mid-September due to poor financial health, in the hope of finding buyers by the end of December.State-run Korea Deposit Insurance Corp. made a public notice for the sale of the debt-saddled ban
Oct. 14, 2011
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Booyoung to donate $3m to Habitat
Booyoung Group said Friday it has signed an agreement to support the United Nations’ human settlements program. Under the deal, the construction-centered Korean corporation will provide $3 million over the next decade to help urban development and habitat improvement in Africa.“With the funds, we wi
IndustryOct. 14, 2011
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Insurers fined W365b for price-fixing
Samsung Life, Mirae Asset among those punished for collusionTwelve life insurance companies were fined a total of 365.3 billion won ($315 million) by the antitrust regulator for engaging in price-fixing.The Fair Trade Commission unveiled the list of the companies Friday ― Samsung, Kyobo, Korea, Mira
Oct. 14, 2011
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Apple scoffs at Samsung’s mobile patent infringement claim
SEOUL (Yonhap) -- A lawyer for Apple Inc. said Friday that Samsung Electronics Co.’s mobile patent lacks novelty and was not invented by the Korean firm, the iPhone maker’s latest attempt to counter the accusation that it is using its rival’s technology without permission. The latest court showdown
TechnologyOct. 14, 2011
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Google said to seek rights from record labels for online store
Google Inc. is seeking agreements with record companies by the end of the month to start a music store that will compete with Apple Inc.'s iTunes, three people with knowledge of the talks said. Google is seeking permission to sell downloads and to stream purchased music to its customers' devices, sa
TechnologyOct. 14, 2011
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Moody's downgrades LG Electronics' outlook to negative
Moody's Investors Service said Thursday that it has cut its outlook on LG Electronics Inc. to negative from stable, citing its loss-making mobile business and global economic slowdown. The move deals another blow to LG Electronics, the world's third-largest maker of mobile phones, which is trying to
Oct. 13, 2011
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Samsung, LG Electronics under investigation for price-fixing
Korea’s two largest electronics firms Samsung Electronics Co. and LG Electronics Inc. are under investigations by the Fair Trade Commission for allegedly fixing prices of TVs and laptops, Yonhap News Agency reported Thursday. The watchdog is said to have started reviewing sales documents and related
IndustryOct. 13, 2011
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Obama wants more Fords, Chevys in Korea
President Barack Obama says he wants to see folks in South Korea driving Fords and Chevys and Chryslers. A trade agreement approved by Congress last night may not separate Korean drivers from their Hyundais and Kias anytime soon.U.S. exports of beef, machinery and chemicals may all gain from the agr
Oct. 13, 2011
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Moody’s lowers LGE’s outlook to negative
Moody’s Investors Service lowered the outlook for LG Electronics from stable to negative on Thursday, citing the firm’s weakened position in the handset business and the uncertain global economy.With economic uncertainty leading to weakness in profitability and credit metrics, LG Electronics’ rating
IndustryOct. 13, 2011
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‘Premature birth needs 35 weeks’
A group of doctors here say it is safer for Korean women to give birth at 35 weeks or later, even should premature labor be required, suggesting a different view from U.S. obstetricians’ 34 week theory. Thirty-five weeks is the minimum period of time for the fetus to be able to protect itself from v
TechnologyOct. 13, 2011
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NCC lung cancer survival rate exceeds 50%
Thirty-nine out of 81 lung cancer patients who underwent surgery to remove tumors in 2001 at the National Cancer Center have lived till now, the hospital said Wednesday. Moreover, the hospital’s five-year survival rate marked 65 percent. Among them, two out of every three survivors were declared “he
TechnologyOct. 13, 2011
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Autumn season hair care
Human hair usually has a growth cycle. It is made up of three periods: growth season; catagen season and telogen season.The growth phase of hair is about three years, catagen phase is about three weeks and then there is a pause for about three months. This is continually repeated. In contrast to ani
TechnologyOct. 13, 2011
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Obese population growing in Korea, with estimated 70,000 serious cases
Being fat used to represent wealth in the old days, when life was hard.But nowadays, it has emerged as a social issue for a very different reason: it is not healthy. According to the Ministry of Health and Welfare, about 31.3 percent of adults are likely to become overweight once in their lifetime a
TechnologyOct. 13, 2011
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Pancreatic cancer 4th most deadly
Death of Apple founder Jobs, Steinman highlights cancer with few treatmentsPancreatic cancer is notoriously lethal ― there are almost as many deaths from it each year as there are new cases. The deaths this week of Apple founder Steve Jobs and Nobel laureate Ralph Steinman have brought more attentio
TechnologyOct. 13, 2011
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Panel advises against prostate cancer screening
WASHINGTON (AP) ― No major medical group recommends routine PSA blood tests to check men for prostate cancer, and now a government panel is saying they do more harm than good and healthy men should no longer receive the tests as part of routine cancer screening.The panel’s guidelines had long advise
TechnologyOct. 13, 2011