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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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Woman gets suspended term for injuring boyfriend with knife
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Yoon, Lee end first talks with differences, agree to meet more
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China outpaces Korea in smaller OLED shipments for 1st time
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Samsung chief bolsters ties with Germany’s Zeiss
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Financial industry to tighten IT security
Companies considering bigger budget and greater restrictions to protect dataThe local financial sector geared up to tighten security of its IT systems after watching hackers take advantage of security loopholes in the nation’s top financial firms, sources said Thursday. Major banks here said they were devising measures to step up security, such as beefing up their oversight teams or banning employ
April 21, 2011
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BAT Korea raises cigarette prices
British American Tobacco Korea said Thursday it has raised the price of its cigarette products by 200 won ($0.20) to 2,700 won per pack on rising raw material prices.The price increase of 8 percent is the first in six years for the firm which holds an 18 percent-market share in the country. It is widely known for popular brands such as Dunhill, Kent and Vogue.“BAT Korea has been making every effor
IndustryApril 21, 2011
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International 3-D Society to open Korean branch in May
KT Corp., the country’s largest fixed-line service operator, said Thursday it will lead the launch of the International 3-D Society’s Korean branch next month.KT organized a reception for the creation of a new country branch, inviting experts and industrial leaders in the field of 3-D, including Samsung Electronics, LG Electronics, broadcasters KBS, SBS, EBS and KT Skylife. Participants also inclu
IndustryApril 21, 2011
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Central bank, FSS agree to tighten oversight of FX trade
The central bank and the financial regulator decided to jointly examine banks’ foreign currency trade activities to keep them in check against speculative investments. The inspection comes as the won this week advanced to its strongest level in 31 months with capital inflows into local assets. The market’s understanding of the latest move is that the Finance Ministry is masterminding regulators to
April 21, 2011
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Three tycoons make Asia’s top executive list
Fortune’s list includes Lee of Samsung, Chung of Hyundai Motor and Koo of LGThree Korean top business leaders ― Lee Kun-hee, Chung Mong-koo and Koo Bon-moo ― were included in a U.S. magazine’s recently released list of Asia’s 25 most powerful business people.Lee, chairman of Samsung Electronics, was ranked fourth while Chung, chief of Hyundai Motor, and Koo, chairman of LG Group, were placed 10th
April 21, 2011
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Hanwha wins $1b order for Saudi plant
Builder to construct power station and desalination plantHanwha Engineering & Construction said Wednesday that it has signed a $1.05 billion deal to build a power station and desalination plant in Saudi Arabia.The builder said it is to establish the plant at Yanbu industrial complex, the biggest of its kind in Saudi Arabia and located on the western side of the country, by 2014 under the deal with
IndustryApril 21, 2011
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[Herald Interview] Chang sees difference in FTA with China
Says free trade benefits vary with levels of developmentA noted critic of free trade agreements has offered a mixed assessment of a potential FTA between South Korea and China. Chang Ha-joon, an economist at the University of Cambridge in the U.K., has written numerous publications critical of free trade agreements. In books such as “Bad Samaritans: The Myth of Free Trade and the Secret History of
April 21, 2011
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Koreans eat too much salt: KFDA
About 30 percent of people here eat foods that are too salty, the Korea Food and Drug Administration said Wednesday, stressing that Koreans need to cut their sodium intake. Only 24.4 percent said they eat salt in moderation, showing that the dominant palette of Koreans is “savory.”The test was conducted by studying the preference of 500 people for the saltiness of a bowl of bean sprout soup. The W
TechnologyApril 21, 2011
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Glaucoma patients on rise: NHIC
The number of people suffering from glaucoma exceeded 400,000 in 2009, almost double 2002’s 210,000.Aging seems to be the most common cause of the disease that can eventually lead to blindness, the National Health Insurance Corporation said Monday. Glaucoma is a complicated disease in which damage to the optic nerve leads to progressive, irreversible vision loss. It is the second most common cause
TechnologyApril 21, 2011
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Study: 2 million babies stillborn every year
LONDON (AP) ― More than 2 million babies are stillborn every year worldwide and about half could be saved if their mothers had better medical care, according to research estimates published Thursday in the medical journal Lancet.While the vast majority of stillbirths happen in the developing world, the rates in countries including Britain, France and the U.S. have not dropped to the degree that ma
TechnologyApril 21, 2011
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Chung-Ang sets standard with spine and thyroid treatments
This is the fourth in a series of articles on international clinics at major medical centers in Seoul. ― Ed.Chung-Ang University Medical Center in Heukseok-dong, Seoul, may have not been the first choice for foreigners in the past. But recently, with several renovations and the support of business giant Doosan, the hospital has been treating more foreign patients from Seoul as well as around the w
TechnologyApril 21, 2011
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Atrial fibrillation increases risk of stroke
Thomas is a 58-year-old manager at a pharmaceutical company. One spring morning after jogging, he noticed a slight fluttering in his chest. He decided to ignore it. But next morning he noticed he could not move his left arm and leg. Upon careful questioning, Thomas revealed that he had had several episodes of fluttering for the last few months. Thomas was diagnosed with a stroke and a type of arrh
TechnologyApril 21, 2011
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Learning CPR can save lives
Performed correctly, resuscitation can buy time until professional help arrivesIt is spring, time for people to put on their trainers, get out of the house and start working out again. But for those who have weak hearts, the sudden exercise regime could cause extreme pain or even cardiac arrest. “If your heart stops beating for more than four and a half minutes, you might spend the rest of your li
TechnologyApril 21, 2011
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Length of ring finger related to men's attractiveness
Is your ring finger longer than index finger? (The Korea Herald)PARIS, (AFP) - The longer a man's fourth or ring finger is compared to his index finger, the more likely he is to be judged attractive by women, according to a study released Wednesday.The results, published in the British Royal Society's journal Biological Sciences, unveil intricate links between foetal exposure of males to hormones,
TechnologyApril 21, 2011
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3-D erotic comedy shakes up Hong Kong box office
HONG KONG (AP) -- A pioneering 3-D erotic comedy has taken the Hong Kong box office by storm, beating the first-day record set by ``Avatar'' and drawing viewers from mainland China as it eyes a global rollout.The $3.5 million Cantonese-language production ``3D Sex and Zen: Extreme Ecstasy'' had earned 17 million Hong Kong dollars ($2.2 million) as of Tuesday since opening last week on 73 screens,
TechnologyApril 21, 2011
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Samsung Life earnings more than double in 2010
Samsung Life Insurance Co., South Korea's top life insurer, said Thursday that its earnings more than doubled in fiscal 2010 from a year earlier thanks to investment gains from its securities holdings. Net income came to 1.93 trillion won ($1.8 billion) during the fiscal year that ended on March 31, compared with 906.1 billion won a year earlier, Samsung Life said in a regulatory filing. Sa
April 21, 2011
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8 out of 10 Internet surfers using SNS: Nielsen
Eight out of 10 Internet users are using or have used at least one social network service, according to the survey conducted by Nielsen Company Korea.The survey was conducted on 1,000 Internet users in major cities in Korea including Seoul, Daejeon, Daegu, Gwangju and Busan from Feb. 25 to March 4 this year. Among the SNS platforms, Cyworld ranked most popular with 74.9 percent of respondents usin
TechnologyApril 21, 2011
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KT introduces new mobile financial service
KT, a major telecom operator here, launched on Wednesday a prepaid financial service named “Mobile Money” that will be linked with accounts of Industrial Bank of Korea. The service is designed for smartphones equipped with the Android operating system 2.1 or higher. Compared with other “smart” banking systems, Mobile Money has a faster and easier authentication procedure, KT said.Users can charge
TechnologyApril 21, 2011
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Korea to halt old reactor for security check
Nuclear reactor stoppages raise controversy over life extension of aged power plantsState-run Korea Hydro & Nuclear Power Co. said Wednesday that it had decided to temporarily halt the operation of a nuclear reactor in Busan which experienced a power failure last week.“We decided to carry out a thorough safety check on the Gori-1 unit and resume its operation after its safety has been confirmed,”
IndustryApril 20, 2011
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U.S. ‘mindful’ of progress in S. Korea-EU FTA: envoy
The United States is “mindful” of progress South Korea and the European Union have achieved in ratifying their free trade agreement, the top American envoy here said Wednesday, as Seoul and Washington make their last push to bring their own deal to life.“Yes, we are very mindful that our friends in Europe also have a free trade agreement,” U.S. Ambassador to South Korea Kathleen Stephens said duri
April 20, 2011