Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Med schools expect 1,500+ new admission slots next year
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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Taiwanese giving thanks with Korean ginseng
This is the third installment of a series that spotlights Korean products enjoyed by people overseas. ― Ed. Cheng Sheng I, a Taiwanese dealer for Cheong Kwan Jang, the Korean red ginseng brand name solely owned by Korea Ginseng Corp., is currently busy dealing with soaring orders from stores nationw
IndustrySept. 4, 2011
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LG targets 20 percent of global 3-D TV sales
BERLIN ― An executive of LG Electronics said Sunday that it aims to take 20 percent of global 3-D TV sales by the end of this year.In a press conference with the Korean media on the sidelines of the global trade show IFA 2011, Kwon Hee-won, the company’s TV chief, said it was aiming for more than 20
IndustrySept. 4, 2011
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Six drug makers fined W11b for illegal rebates
The Fair Trade Commission said Sunday that it has fined five multinational drugmakers and one local firm a total of 11 billion won ($10 million) for illegal rebate activities. The financial and non-financial benefits given in return for prescriptions and drug orders between August 2006 and March 200
IndustrySept. 4, 2011
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Hyundai tops profit ranks in H1
Hyundai Motor Group’s first half net profit overtook that of Samsung Group for the first time, aided by rising automobile sales and difficulties faced by Japanese carmakers, data showed Sunday.According to the Korea Exchange and the Korea Listed Companies Association, the combined net profit of Hyun
IndustrySept. 4, 2011
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Kakao Talk set to embrace social games
Kakao Talk, the country’s most popular messenger app for smartphones, is to team up with a game developer in a bid to open up a fresh revenue channel amid heightened industry-wide interest in such messenger apps. Kakao Talk has been widely adopted by users of Apple’s iPhone and Android-based smartph
TechnologySept. 4, 2011
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Samsung dominates handset market in Aug.
Samsung Electronics, the country’s biggest mobile handset maker, said on Sunday its domestic market share reached nearly 60 percent in August on the back of stronger demand for its smartphone models led by Galaxy S2.Samsung projected that a total of 2.13 million mobile handsets were sold last month,
IndustrySept. 4, 2011
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Samsung puts new Galaxy Tab on hold as Apple pulls court order
Samsung Electronics Co. is halting promotion of its latest tablet computer in Germany after Apple Inc. won a second injunction blocking Galaxy Tab sales there as one of the world’s largest electronics shows gets under way. Samsung, Apple’s closest rival in tablet computers, pulled the just-unveiled
TechnologySept. 4, 2011
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Korea’s growth on rocky road
Foreign investment banks revise down country’s economic growth projectionsForeign investment banks have revised down their economic growth predictions for South Korea, reflecting worsening external factors such as continuing U.S. and European debt woes that could damage the country’s export-driven e
Sept. 4, 2011
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Ferrari approached for listing on Hong Kong stock exchange
MobilitySept. 4, 2011
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Can electric cars win in the mass market?
CHICAGO (AFP) ― It’s not every day that a U.S. governor accepts an invitation to the launch of a Japanese-built car, but Nissan’s all-electric Leaf offers environmental credentials that top any nationalistic concerns. “Illinois is laying the groundwork for electric vehicles and a more green economy,
MobilitySept. 4, 2011
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BMW draws growing complaints in Korea
A growing number of Korean drivers have complaints about BMW vehicles even as the carmaker is securing the No. 1 position in sales among foreign automakers in the local market.According to the Korea Consumer Agency, BMW Korea saw its sales come to 17,072 units for the first seven months of the year,
MobilitySept. 4, 2011
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Handbags beat loans as Hermes overtakes SocGen
If only French banks had the allure of a Parisian maker of $8,000 handbags.The chart of the day shows how Hermes International SCA, maker of Birkin bags and the best performer this year in France’s SBF-120 Index, has overtaken Societe Generale SA, the country’s second-biggest bank, by market value.
IndustrySept. 4, 2011
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S. Korean economic growth to slow to 4.1 pct this year: think tank
SEOUL, Sept. 4 (Yonhap) -- South Korea's state-run think tank on Sunday revised down its 2011 growth project for the local economy to 4.1 percent, saying that the global economic slowdown will likely hurt the country's exports.The revised estimate of Asia's fourth-largest economy is compared with a
Sept. 4, 2011
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China's workers most likely to call in "sick": survey
IndustrySept. 3, 2011
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New Mars site more favorable for life: scientists
WASHINGTON - A new site being explored by the Mars rover Opportunity has yielded soil samples unlike any examined before on the red planet and that appear more favorable for life, scientists said Tuesday. Opportunity, the indefatigable robot that has been exploring Mars for seven and a half years, a
TechnologySept. 3, 2011
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Chinese shoppers go for Korea’s goods, culture and property
Outside Dongwha Duty Free Shop in the center of Gwanghwamun, central Seoul, rows of tour buses lined up in the parking lot demonstrate China’s ever-growing thirst for Korea. Tourists wait for their tour bus after shopping at Dongwha Duty Free Shop in Gwanghwamun on Thursday. Lee Sang-sub/The Korea H
IndustrySept. 2, 2011
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Sorento boosts Kia sales in U.S.
Kia Motors saw its sales exceed 300,000 units in the United States for the first eight months of this year, thanks to growing popularity of the crossover utility vehicle Sorento R.The automaker said Friday that it sold 41,188 vehicles in the U.S. market in August to post 331,796 units in sales this
MobilitySept. 2, 2011
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Regulator seeks to slash banking fees
The Financial Supervisory Service plans to unveil a series of measures to protect consumer rights and ease the burden of low- and middle-income households, starting next week.Among other things, the financial regulator is considering putting pressure on commercial banks to slash a variety of service
Sept. 2, 2011
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LG aims for No. 1 in home appliance market in Europe
BERLIN ― An executive at LG Electronics declared Friday that the company will position itself as the top home appliance brand in the European market by 2015.In a press conference held on the sidelines of IFA 2011, Lee Young-ha, president of the company’s home appliance division, said it aims for a t
IndustrySept. 2, 2011
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Samsung confident of outpacing Apple, Google in software
BERLIN ― Samsung Electronics’ vice chairman Choi Gee-sung expressed confidence Friday that the company will take the lead in the global software industry in two years, dismissing rumors that it will take over the PC unit of Hewlett-Packard.“People are posting concerns that Samsung isn’t in the lead
IndustrySept. 2, 2011