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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KT launches new mobile plans for foreign residents
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POSCO takes social responsibility projects to African nations
POSCO on Friday began works on a children’s center in Zimbabwe as part of its efforts to strengthen corporate social responsibility programs in Africa.The steelmaker’s related projects in the region began in July when it collaborated with the Korea International Cooperation Agency to send volunteers
IndustryAug. 28, 2011
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Ssangyong wins contract in Vietnam, 1st in 11 years
Ssangyong Engineering and Construction Co. on Wednesday signed the contract to build part of the Southern Coastal Corridor Project that runs from Vietnam to Thailand, reentering the Vietnamese market after 11 years.Since the completion of the Dami Dam in Bao Lac in the northern part of the Southeast
IndustryAug. 28, 2011
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Moody’s Korean unit faces probe
FSS inspectors to investigate rating firm’s assessment of enterprisesKorea Investors Service, a local unit of U.S.-based Moody’s Investors Service, will be investigated by Korean regulators over its fairness in assessing enterprises, industry sources said.The Financial Supervisory Service, which has
Aug. 28, 2011
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Debate over electronic vs. hybrid resurfaces
LG Corp.’s announcement that it will jointly build electric cars with General Motors Friday is brining hope to Renault Samsung, which wants to sell the vehicles here. However, the debate over next-generation cars remains very much alive with Hyundai on the hybrid side.Lee Ki-sang, director of Hyunda
MobilityAug. 28, 2011
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Facebook shutting down online Deals program
WASHINGTON (AFP) -- Facebook is ending a Deals program launched in April which offered online bargains like Groupon, LivingSocial and other companies."After testing Deals for four months, we've decided to end our Deals product in the coming weeks," the Palo Alto, California-based social network
TechnologyAug. 28, 2011
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Samsung to showcase 4G smartphone at industry fair in Germany
Samsung Electronics Co. said Sunday it will introduce a new Galaxy smartphone at an industry exhibition in Germany this week as it seeks to win consumers for fourth-generation (4G), super-fast wireless service. Samsung will unveil the 4G version of the Galaxy S II smartphone at the IFA electronics s
TechnologyAug. 28, 2011
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Hyundai chairman Chung to donate 500 billion won to charity
Hyundai Motor chairman Chung Mong-koo will donate 500 billion won ($460 million) of his personal wealth to a charity foundation, company officials said Sunday.Hyundai Motor Group chairman Chung Mong-koo (right) shakes hands with an American worker during his visit to a Hyundai factory in Alabama, th
IndustryAug. 28, 2011
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Apple gives Tim Cook 1 million shares
FRANCISCO (AP) — Apple has given Tim Cook 1 million shares of restricted stock as he takes over as reins of the company from Steve Jobs. At current prices, the stock package is worth more than $383 million.Cook assumed CEO duties this week when Jobs stepped aside after 14 years, saying he was
TechnologyAug. 27, 2011
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Call to unite against HIV/AIDS
Busan forum ICAAP10 seeking ways to wipe out stigma and prejudiceBUSAN ― Activists, medical researchers and other participants in an international forum on AIDS here called for more concerted global efforts to combat the disease and wipe out prejudice and stigma surrounding it.The 10th International
TechnologyAug. 26, 2011
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Resource development fuels SK Group’s growth
Conglomerate shores up future with resource and petrochemicals businessSK Group has come to be the country’s third largest conglomerate fueled by its petrochemical and telecommunications businesses.The two sectors are often referred to as the conglomerate’s two pillars, but the group has now turned
IndustryAug. 26, 2011
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SC First Bank union plans six-month partial strike
The labor union at SC First Bank said it would continue its strike even after returning to work next week, in its ongoing battle with management over the bank’s push to introduce performance-based pay. About 3,000 unionized workers at the local unit of Standard Chartered Plc will resume work from ne
Aug. 26, 2011
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LG, GM join hands to build electric cars
Joint efforts to put more eco-friendly vehicles on the roadLG Corp. and U.S. automaker General Motors signed a deal to jointly build next-generation electric cars to strengthen their partnership amid the growing demand for eco-friendly vehicles, the Seoul-based company said Friday.The agreement was
IndustryAug. 26, 2011
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AD Stars aims to be Asia’s No. 1 advertising festival
BUSAN ― AD Stars 2011, which marks its fourth anniversary this year, is the world’s first on-offline convergence advertising festival held in Busan, Korea’s southeastern port city. “Unlike other international advertising events, the Busan festival actually takes place all year long,” said Choi Hwan-
IndustryAug. 26, 2011
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Watchdog demands retailers...slash commission charges
The Fair Trade Commission has demanded major retailers cut commission they charge traders who use their floor space.The corporate watchdog plans to pressure business groups by disclosing the commission fees they charge merchants, who often have no other option but to comply to the rules set by depar
Aug. 26, 2011
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SK chairman leads support for social enterprises
SK Group, in addition to being the country’s third-largest conglomerate, has been one of the staunchest supporters of social enterprises with its chairman Chey Tae-won taking part in related activities. “The chairman believes that simple donations have limited efficacy in solving social problems,” a
IndustryAug. 26, 2011
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SK Telecom knocks on new doors, maintains technological edge
Carrier sees advantage in 4th-generation techThe country’s largest mobile telecom services provider SK Telecom has been putting CDMA and WCDMA technologies to commercial use ahead of its peers both in and outside the Korean market.Since 2005, the company has invested funds equivalent to more than 14
IndustryAug. 26, 2011
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Watchdog issues institutional caution on KEB
SEOUL, Aug. 26 (Yonhap) -- South Korea's financial regulator said Friday it has issued an institutional caution as well as a 54.5 million won (US$50,332) fine on Korea Exchange Bank (KEB) for breaching regulations on loan and personal information."An institutional caution and fine were imposed on th
Aug. 26, 2011
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First smoke of the day could be the worst, cancer researchers say
Smoking a cigarette right after getting out of bed can increase chance of getting cancer even more than smoking at other times, American researchers revealed on Thursday.A team of scientists from Penn State College of Medicine found out that those who smoked within an hour after waking up were
TechnologyAug. 26, 2011
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Obesity costs set to surge, with US in lead - Lancet studies
PARIS, Aug 26, 2011 (AFP) - One in every two American adults will be obese by 2030, adding hugely to the country's health costs, according to studiespublished on Friday that highlight the growing burden of the world's obesitypandemic.On present trends, 50-51 percent of American men and 45-52 percent
TechnologyAug. 26, 2011
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Nokia launches its cheapest phones at $30-$35
HELSINKI (AP) _ Nokia on Thursday unveiled its two cheapest cellphones to date aimed at attracting users in the low end market as it fights increasing competition from Asian manufacturers.The Nokia 100 and 101 _ priced $30 ((euro) 20) and $35 ((euro) 25) respectively _ will be available in the third
TechnologyAug. 26, 2011