Most Popular
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Yoon calls for dialogue, trust from medical community
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NK leader guides firing drills involving super-large multiple rocket launchers
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Dyson founder visits Seoul for global debut of new hair dryer
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Leaders call for action against threats to democracy posed by AI
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Asiana Airlines wins data transfer certification in China
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Dispute heats up over dispatch of scandal-ridden envoy to Australia
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Dodgers beat S. Korea in final exhibition before MLB opener in Seoul
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Disgraced ex-K-pop star released after serving time for sex crimes
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Trump unlikely to unravel IRA: experts
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Yoon says medical licenses should not be used as tool against people
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Magician shows preview of iOS 5
(YouTube)German magician Simon Pierro has given Internet users a taste of what Apple’s soon-to-released iOS 5 software might be like -- as part of his magic show. He created the magic performance with his iPad 2, playing on the upcoming iOS 5 release, social media news blog Mashable reported. The video clip of the show has attracted more than 300,000 clicks on YouTube as of June 6. He brings objec
TechnologyJune 6, 2011
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Facebook Korea stays faceless
Months after registration, no sign of operations at Facebook Korea By Cho Ji-hyun Nearly eight months have passed since Facebook, the biggest name in social media, filed paperwork to establish a corporation in Korea. But Facebook Korea is still nowhere to be seen. According to industry sources, Facebook Korea turned in its application to Korean authorities to set up a corporation in Korea in Oc
June 6, 2011
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FBI partner attacked by hackers, passwords taken
People walk by Sony Building in Tokyo's Ginza shopping district in Tokyo. Another massive data breach at Sony has left hackers exulting, customers steaming and security experts questioning why basic fixes haven't been made to the company's stricken cybersecurity program. (AP-Yonhap News)LONDON (AP) _ Nearly 180 passwords belonging to members of an Atlanta-based FBI partner organization have been s
IndustryJune 6, 2011
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Emotional on Facebook? The feeling’s mutual
(Bloomberg)Emotions can spread between users of social network sites, U.S. media reported. San Jose Mercury News said that emotions have long been known to be contagious and social media were a new means of transmission, citing the research by Facebook data scientist Adam Kramer. Kramer studied about 1 million English speakers and their friends in different countries on the social network service
TechnologyJune 6, 2011
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E. coli outbreak blamed on German veggie sprouts
HAMBURG, Germany – The terrifying E. coli outbreak in Europe appears to have been caused by vegetable sprouts grown on an organic farm in Germany, an agriculture official said Sunday as the toll climbed to at least 22 dead and more than 2,200 sickened.Preliminary tests found that bean sprouts and other sprout varieties from the farm in the Uelzen area, between the northern cities of Hamburg and Ha
TechnologyJune 6, 2011
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Jung named CEO of Hyundai E&C
Hyundai Automotive Group named Hyundai Amco president Jung Soo-hyun to head Hyundai Engineering and Construction. The auto group acquired Hyundai E&C, the nation’s top builder in April. Hyundai Amco is the construction affiliate of the automotive group. Jung Soo-hyunThe new president, 59, is a veteran who has worked in the construction industry for more than 30 years since he graduated from Seoul
June 5, 2011
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Ministry to hike fuel surcharges for long-haul flights
Air travelers will likely pay more fuel surcharges for long-haul flights and less for short-haul flights starting July at the earliest as the government looks to better adjust the rates to fluctuations in jet fuel prices, officials said Sunday. Fuel surcharges are an extra charge added to the ticket price of air flights, to cover the cost of fuel rates. The Ministry of Land, Transport and Maritime
June 5, 2011
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Korea to launch W100 billion fund for foreign investors
Korea plans to launch a fund to help foreign investors bring in skilled labor and technology from overseas in target sectors. The Global Win-Win Fund will be created in August or September with 100 billion won ($92.6 million) and expanded to 300 billion won ($278 million) over the next two years, the Ministry of Knowledge Economy said Sunday. Of the total, the state-run Korea Finance Corporation p
June 5, 2011
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[Herald Interview] ‘Yeosu Expo will be a catalyst for south coast development’
YEOSU, South Jeolla Province ― Facilities and social overhead capital investments made for the Yeosu Expo will form the basis for south coast development, chairman of Organizing Committee for Expo 2012 Yeosu Korea Kang Dong-suk said.“The social overhead capital investments are not solely for the Expo, they were timed to coincide with the event to increase accessibility to the southern coast,” Kang
June 5, 2011
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Two Credit Suisse staff indicted for stock fraud
Prosecution charges foreign brokerage workers for the first time; Kyobo Securities brokers also face trialThe prosecution said Sunday it had indicted two former employees of the Hong Kong branch of Credit Suisse Group AG on charges of manipulating Korean stocks.It is the first time staff of a foreign investment bank have been indicted in Korea on such charges, though there was a similar case invol
June 5, 2011
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Audi launches next generation A6 Avant
INGOLSTADT, Germany (DPA) ― Audi is launching the next generation A6 Avant with a choice of six engines, lightweight components and such features as a rear hatch opening in response to a sensor signal.Fuel consumption has been reduced by as much as 18 percent compared with the previous model, according to Audi. Topping the engine lineup is the new 3.0 TDI with twin-turbo technology and 230kW/313 h
MobilityJune 5, 2011
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BMW pays tribute to 1930s sports car
MUNICH (DPA) ― BMW is paying tribute to a 1930s sports car with an exciting new show car called the BMW 328 Hommage which is fitted with all that modern technology has on offer and design cues reminiscent of the classic built 75 years ago.“With the BMW 328 Hommage, we wish to pay homage to the passion and inventiveness of the fathers of the BMW 328”, said Karl Baeumer,CEO of BMW Group Classic, at
MobilityJune 5, 2011
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U.S. to sell remaining Chrysler stake to Fiat
WASHINGTON (DPA) ― The U.S. government is selling its remaining 6-percent equity in carmaker Chrysler to Italy’s Fiat SpA for $500 million, the U.S. Treasury Department announced last week.“After the completion of this transaction, Treasury will have fully exited its TARP investment in Chrysler Group LLC,” the department said in a statement.TARP refers to the Troubled Asset Relief Programme launch
MobilityJune 5, 2011
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Volvo P1800 celebrate 50th anniversary
The Volvo P1800 has turned 50. The eye candy of classic style lovers debuted in 1961, and shaped the image of Volvo as a maker of vehicles with style and diamond-hard durability. The design by Peitro Frua later morphed the sports car into a Grand Turismo Estate that inspired the Volvo 30 ― the modern equivalent of the P1800. The 1800 model boasts world famous durability, with the 1800S headed for
MobilityJune 5, 2011
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Mercedes-Benz offers free check-ups
Mercedes-Benz Korea is offering check-ups and coolant replacement free of charge until June 25, the company said. Available at 23 services across the country, the promotional offer celebrates 125 years of its business operation. The local office of German carmaker is also offering 16 percent discount on selected components as part of the offer. “The check-ups are to help drivers prepare their summ
MobilityJune 5, 2011
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Renault Samsung opens supply support center
Renault Samsung Motors began operating the global supply support center for Korea-made components, expanding opportunities for parts suppliers in the overseas market. The company opened a consultation desk for part suppliers within its Purchasing Division located in its technical center in Giheung, south of Seoul, to answer their inquiries about exports. “Through the operation of the Global Supply
MobilityJune 5, 2011
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Kia expands U.S. production by 20 percent
Kia Motors Corp., Korea’s second-largest automaker, announced plans last week to raise output at its Georgia plant by 20 percent, underscoring the U.S. industry’s biggest market-share gain this year.Kia, an affiliate of Hyundai Motor Co., raised its U.S. share 0.8 percentage points to 3.8 percent through May, topping gains of 0.7 point for General Motors Co. and 0.6 point for Hyundai, according to
MobilityJune 5, 2011
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Toyota pledges to overtake BMW in Korea
Toyota Motor president Akio Toyoda vowed to become the champion of sales among foreign automakers in Korea by 2014, promising tough competition with German players.During his visit to Seoul over the weekend, Toyoda said, “Though we may not able to restore our brand image all at once, we will make efforts to top the list of Korea’s import car market within three years.”The CEO’s commitment came dur
MobilityJune 5, 2011
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Two-seater thrills lure uptown drivers
High-end vehicles lead foreign carmakers’ charge in Korean marketBuoyed by a growing love for sports cars by the well-to-do, foreign luxury car brands are upping their share of the domestic car market.Auto analysts say more are turning to exotic options accompanying fast, topless thrills often with luxury amenities like rain-sensing windshield wipers and automatic climate control with pollen filte
MobilityJune 5, 2011
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Chrysler under control of Fiat
NEW YORK (AFP) ― Iconic American carmaker Chrysler has officially come under the Italian flag with Fiat announcing it had obtained a majority share after buying out the U.S. government’s stake.The takeover comes two years after Fiat took a 20 percent stake in exchange for sharing its technology and providing trusted leadership as Chrysler emerged from a government-backed bankruptcy.President Barac
IndustryJune 5, 2011