Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Top prosecutor orders speedy investigation into first lady's alleged acceptance of luxury handbag
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Korean Air embarks on test flight of A380
Korean Air’s new Airbus A380 (Yonhap News)YEONGJONG ISLAND ― Korean Air’s brand new Airbus A380 superjumbo made a successful landing after its first test flight in Korea on Thursday.The event took place a day ahead of the world’s largest passenger jet’s maiden commercial flight to Japan’s Narita International Airport. About 200 journalists, customers and company officials flew on a two-hour trip t
IndustryJune 16, 2011
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Father influences daughters’ sexual behavior
Girls' decisions about sex are significantly influenced by their father’s parenting skills, a new study shows. “Girls who receive lower quality fathering tend to engage in more risky sexual behavior -- sex without a condom, having sex while drunk, multiple sexual partners and becoming pregnant before age 19 -- in adolescence,” said Bruce J. Ellis of the University of Arizona Norton School of Famil
TechnologyJune 16, 2011
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Olive oil could lower stroke risk: study
WASHINGTON (AFP) - Older people who eat olive oil have a lower risk of stroke than those who do not, suggested a study of more than 7,000 French people that was published Wednesday in the United States.Researchers at the National Institute of Health and Medical Research in Bordeaux, France followed 7,625 people age 65 and older from three cities -- Bordeaux, Dijon and Montpellier -- for a period o
TechnologyJune 16, 2011
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Dispute over use of organs of those killed by euthanasia
Lungs from those who die by euthanasia are more suitable for transplant surgery, according to medical specialists from Belgium.Dirk van Raemdonck, the leader of the study from Leuven, explained that lungs taken from people who died through euthanasia were in better condition than those taken from victims of accidents.The report, “Initial Experience With Transplantation of Lungs Recovered From Dono
TechnologyJune 16, 2011
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Finance Ministry, BOK agree on policy coordination
The Bank of Korea and the Ministry of Strategy and Finance will increase policy coordination as they work to minimize the effect of uncertainties in domestic and international economic conditions. The measures were announced in a joint statement released by the central bank and the ministry following an early morning meeting between Bank of Korea Governor Kim Choong-soo and Finance Minister Bahk J
June 15, 2011
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Hana Financial may be banned from M&A
FSC’s move comes as group’s brokerage and banking units sanctionedThe financial authorities have begun to review laws as to whether Hana Financial Group is an eligible investor to buy a company such as Korea Exchange Bank.Their move comes as the financial group’s brokerage and banking units were sanctioned last month and 2009, respectively, sources said Wednesday.If a financial company receives a
June 15, 2011
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Asiana Airlines opens lounge for disabled people
Asiana Airlines opened the first airport lounge specifically for the disabled at Incheon International Airport on Wednesday.The company also donated wheelchairs to a support center for the disabled at the ceremony marking the opening of the lounge.The event was attended by officials from Asiana Airlines, including its chief executive Yoon Young-doo and those from an Incheon-based welfare organizat
IndustryJune 15, 2011
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SKT reports its rivals to state telecom regulator over subsidy
SK Telecom, the country’s largest mobile carrier, said it submitted a request to the state telecom regulator, asking it to punish its competitors over wrongful plays such as massive subsidy offering.The company claims its two rivals KT Corp. and LG Uplus have impeded competition by providing subsidies that amount to over 700,000 won over the past two months.“Recently, KT and LG Uplus have been ope
IndustryJune 15, 2011
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Samsung pushes reshuffles on Lee’s call
Conglomerate replaces two execs responsible for auditingSamsung Group has replaced its top auditing and human resources managers, signaling that a conglomerate-wide shakeup may take place soon.Samsung said it named Chung Hyun-ho as the new head of the business examination team, which oversees audits, and Chung Keum-yong as the chief of human resource support.The replacement of the company’s high-r
IndustryJune 15, 2011
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Illegal cross-border cash flow detected
Report says tax agency found evidence of illicit ‘round trips’ of funds to SwitzerlandThe National Tax Service has detected an illegal flow of funds in the form of roundtrip investment from private bank accounts in Switzerland, local news reports said Wednesday.Tax authorities in Switzerland are said to have returned 5 percent of the dividend tax or 5.8 billion won ($5.3 million) on the foreign fu
June 15, 2011
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Capital to flow into emerging markets: Rubin
Emerging markets will experience continued capital inflow into the region regardless of the expiration of the second round of quantitative easing in the U.S., Robert Rubin, former secretary of the U.S. treasury said in Seoul on Wednesday.“There is a tremendously strong orientation now toward emerging market countries in the investment world. And that has nothing to do with the end of QE2,” Rubin s
June 15, 2011
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Korea Aerospace to go public June 30
Korea Aerospace Industries on Wednesday announced its expansion plan to become the comprehensive aircraft manufacturing company, with details to go public at the end of this month.“KAI is the country’s only comprehensive producer of aircraft materials since it was merged with Samsung Daewoo and Hyundai’s aircraft sectors in October 1999,” president Kim Hong-kyung told reporters at a news conferenc
June 15, 2011
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[Herald Interview] Transforming Korea into global exhibition leader
Korea’s growing economic muscle and brisk exports will turn the country into a leading global exhibition destination, said Choe Dae-kyu, vice chairman of the Association of Korea Exhibition Industry. Registered under the Ministry of Knowledge Economy, the organization promotes trade fairs held here and supports related policies. Its 44 members are largely exhibition hall operators, event organizer
IndustryJune 15, 2011
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Chaebol heirs prove their mettle as leaders
Third-generation members of business families moving up the executive ladderThird-generation chaebol family members appear to be rapidly consolidating their positions at the country’s largest conglomerates.Among the grandchildren of chaebol founders, Hyundai Motor Group’s Chung Eui-sun is taking the fastest route to the top. On Aug. 20, 2009, Hyundai Motor Group promoted chairman Chung Mong-koo’s
IndustryJune 15, 2011
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Google invests $280 million to spur home solar
NEW YORK (AP) ― Google is making its largest investment yet in clean energy in an effort to help private homeowners put solar panels on their rooftops.The $280 million deal with installer SolarCity is the largest of its kind. SolarCity can use the funds to pay for a solar system that it can offer to residents for no money down. In exchange, customers agree to pay a set price for the power produced
IndustryJune 15, 2011
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Recharged Ford sets sights on Asia
DETROIT (AFP) ― With its turnaround in North America essentially finished, Ford Motor Co. is looking to the next act in its comeback by building its business in Asia’s emerging markets.Ford plans to grow global sales by 50 percent over the next four years with a strong push into markets such as China and India, chief executive officer Alan Mulally said last week. A Ford Motor Co. Mondeo at the Aut
IndustryJune 15, 2011
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Sleepy people eat more: study
People suffering from sleep deprivation are likely to be unable to resist high calorie foods, a study found.Inadequate sleep leads to an increase in the hormone ghrelin, which tells you when to eat, and decreases in the hormone leptin, which tells you to stop eating, Shelby Freedman Harris, an author of the report, said.People suffering from lack of sleep have less leptin and more ghrelin. The imb
TechnologyJune 15, 2011
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TV-watching boosts heart, diabetes, death risks: study
(MCT)WASHINGTON, (AFP) - A review of published studies in the past 40 years has shown a higher risk of diabetes, heart problems and early death among people who watch lots of television, US researchers said Tuesday.The results of the meta-analysis performed by scientists at the Harvard School of Public Health are published in the June 15 issue of the Journal of the American Medical Association.Mor
TechnologyJune 15, 2011
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Airbus to introduce see-through plane by 2050
Airbus, the world’s largest aircraft manufacturer, said it would look to develop planes which all passengers can enjoy the view by 2050. In the plane, people would no longer have to grab a window seat to get a glimpse of sky, but could enjoy the views through glass ceilings. There also will be no division of classes of seats, it said.Charles Champion, executive vice president of Airbus, told repor
IndustryJune 15, 2011
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S. Korea's jobless rate stands at 3.2 pct in May
South Korea's jobless rate remained unchanged in May from a year earlier, but it fell sharply from the previous month as the private sector increased employment amid an economic recovery, a government report showed Wednesday.The jobless rate was 3.2 percent last month, unchanged from the same month a year earlier, according to the report by Statistics Korea. However, it was down from 3.7 percent i
June 15, 2011