Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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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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Medical reform committee kicks off despite boycott from doctors
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Hybe's multilabel system tested amid conflict with Ador
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SNU profs to suspend treatment for one day
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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SK hynix pledges W20tr to ramp up DRAM production at home
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Apple fined for illegal collection of location data in S. Korea
South Korea‘s telecom regulator said Wednesday that it decided to slap a fine on Apple Inc. for illegally collecting iPhone users’ location data.Apple violated the country‘s location information laws and was ordered to pay a 3 million won ($2,829) fine, the Korea Communications Commission said in a
TechnologyAug. 3, 2011
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Gyms take the work out of workout
BALTIMORE ― Go ahead and bang a drum, hang from the curtains and spin that hula hoop. Gym instructors say it’s good for you, even if you don’t realize it.The unconventional workouts are part of a movement to keep the masses focused on their fitness by disguising exercise as playtime, like spinach in
TechnologyAug. 3, 2011
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Fake Ikea store thrives in China
A fake Ikea store is operating in Kunming, China, where stores selling Apple counterfeits were recently detected, according to the Netherlands online newspaper nu.nl.The shop is named “11 Furniture,” which sounds similar to “Ikea” in Chinese. The interior and exterior design of the building featurin
Aug. 3, 2011
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Long life is in the genes: study
WASHINGTON, Aug 3, 2011 (AFP) - Israeli researchers studied a population of Ashkenazi Jews who have lived to age 95 and older and found that their eating and lifestyle habits were no better than those of the general population.In fact, men in the long-lived group drank slightly more and exercised le
TechnologyAug. 3, 2011
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Fatty foods tell your brain to be happy
A team of Belgian scientists claimed they found out the reason why emotionally stressed people stretch out for sweet junk food.Comfort from absorbing fatty foods is not just derived from the pleasant experience of eating but also through gut-brain signaling, said scientists from University of Leuven
TechnologyAug. 3, 2011
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Asian stocks fall amid worries over US economy
Asian stocks fell Wednesday amid increasing pessimism over economic prospects in the United States, despite the country having avoided a potentially catastrophic debt meltdown.Japan's Nikkei 225 index declined 1.7 percent to 9,675.46. South Korea's benchmark Kospi fell 2.3 percent to 2,072.59. Stock
Aug. 3, 2011
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Samsung will launch new Galaxy Tab in Australia as planned
Samsung Electronics Co. said Tuesday that it will release the new version of its Galaxy Tab tablet computer in Australia this month as scheduled, denying media reports that Apple Inc.'s lawsuit has prompted the Korean company to postpone sales there."The Galaxy Tab 10.1 model for the Australian mark
IndustryAug. 2, 2011
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BOK buys gold for first time in 13 years
Foreign reserves rise to record-high $311 billion in JulyThe Bank of Korea said Tuesday it bought 25 tons of gold in the June-July period ― its first purchase since the 1997-98 financial crisis.The purchase touched off speculations about its motives at a time when gold prices are hitting record high
Aug. 2, 2011
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Demand for hybrid sedans rising
Hyundai Motor and Kia Motor are posting a rapid growth in sales of hybrid sedans at home, following outstanding performances in the U.S. market.In July, about 15 percent of Hyundai-Kia’s customers who purchased the automakers’ Sonata and K5 picked the hybrid version of the sedans, Hyundai Motor Grou
MobilityAug. 2, 2011
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Minister’s remarks on salaries irk business community
Minister of Knowledge Economy Choi Joong-kyung, who has made several stern comments about large companies’ practices, once again earned the ire of the country’s business community on Sunday.This time, the minister’s remarks were aimed at executives and their huge paychecks, ruffling the feathers of
IndustryAug. 2, 2011
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Social commerce company in U.S. buys Korea’s Ticket Monster
LivingSocial, the No. 2 social commerce provider in the U.S. after Groupon, has acquired South Korea’s biggest player Ticket Monster (TMon), underscoring the popularity of discount deals through social network services amid the dearth of mergers and acquisitions in other sectors. TMon said on Tuesda
Aug. 2, 2011
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Conglomerates may follow Samsung’s MRO selloff ...
Speculation is rising that the country’s large businesses will follow Samsung’s newly unveiled plan to withdraw from business involving procuring maintenance, repair and operation supplies.Korea’s top conglomerate said Monday its flagship electronics unit and eight other affiliates plan to sell a co
IndustryAug. 2, 2011
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Farmers threaten to halt milk production
Price negotiations with dairy companies stalled amid concern over milk shortageConcerns over a nationwide milk shortage are escalating as farmers threatened to halt Wednesday’s milk supply to dairy companies, demanding a price increase.The government continued on Tuesday last-minute efforts to media
IndustryAug. 2, 2011
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Watchdog puts 2 more firms on watch list
South Korea’s antitrust watchdog said Tuesday that it has placed two more companies on its watch list that limits mutual investments and loan guarantees.According to the Fair Trade Commission, the number of companies on the list stood at 1,580 from a total of 55 business groups as of Monday, compare
Aug. 2, 2011
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Korea to begin work at tidal power plant
South Korea plans to begin operations at a tidal power plant in Sihwa, Gyeonggi Province, on Wednesday, the Ministry of Land, Transport and Maritime Affairs said Tuesday.Ministry officials said it decided to advance the operating schedule by three months in consideration of rising demand of electric
Aug. 2, 2011
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Foreign bank units see profits fall
Branches’ combined income slides 43 percent year-on-yearForeign bank branches in South Korea saw their earnings plunge in the first half of this year, hurt by losses linked to the sharp rise in the value of the Korean won and interest rate fluctuations, the country’s top financial regulator said Tue
Aug. 2, 2011
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Hyundai Asan pushing for trip to N.K. amid standoff
Hyundai Asan is pushing to send its officials to North Korea’s scenic mountain resort this week for a memorial service of a former Hyundai Group chairman, officials said.The main tour operator at the stalled resort has held a memorial service for Chung Mong-hun every year since 2003, when he committ
Aug. 2, 2011
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Samsung tops N. American TV market in the first half
Samsung Electronics, the world’s No. 1 flat-screen TV maker, said Tuesday that it led the North American TV market in the first half of the year on the back of rising demand for high-end TVs.Samsung Electronics’ first-half market share for digital TVs stood at 35 percent in terms of value of the uni
IndustryAug. 2, 2011
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SK, users deal with hacking aftermath
Online break-in at Cyworld, Nate prompts ‘real action’ to keep websites secureThe first thing Choi Hyun-hee did on Monday morning was change the passwords of the accounts she held at Kookmin Bank, Naver and Gmarket. She went through her mind several more times and came up with a list of other commer
IndustryAug. 2, 2011
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Sony plans overhaul at TV business
Sony Corp., Japan’ largest exporter of consumer electronics, is planning an overhaul of its television operations as the business faces an eighth consecutive year of losses.The company is aiming to draw up the plans by the end of the month and changes may include reforms at the TV business developme
IndustryAug. 2, 2011