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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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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Hyundai adds hatchback and diesel Accents
Hyundai Motor Co. launched the hatchback version of its subcompact Accent and added a diesel engine to the subcompact lineup on Wednesday.The new diesel engine, available in both Accent Wit and the original Accent, is a 1.6-liter engine that puts out 128 brake horsepower and manages 20 kilometers per liter of fuel with automatic transmission. With manual transmission, the vehicle manages 23.5 kilo
MobilityMarch 6, 2011
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SK Networks launches car black box app
SK Network launched a black box application for smartphones Wednesday.The application allows smartphones to act as a black box, recording the surroundings of a vehicle. According to the company, the application allows more drivers to benefit from the functions of a black box without the additional cost of buying and installing such equipment.The application also provides the locations of SK gas st
MobilityMarch 6, 2011
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Nissan deals for March
Nissan Korea is offering a range of special deals, and holding a special test drive event until the end of the month.During the period, the company is offering lease financing programs with the Rogue crossover utility vehicle and the Altima sedan. RogueThe program requires 35 percent of the price to be paid up front, and monthly payments of 139,000 won ($124) for the Rogue, and 149,000 won for the
MobilityMarch 6, 2011
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Discounts and special deals for Honda
Honda Korea is offering a range of discount and free equipment packages with its vehicles until the end of the month.With the Accord, the company is offering a navigation system and rear-view camera, 1 million won ($895) discount and coverage for the 2 percent acquisition tax. AccordThose purchasing the Civic are given a choice between 4 million won discount, 36-month interest free installment pro
MobilityMarch 6, 2011
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Renault plans online sales to fight Peugeot low-cost offers
Renault SA will begin selling low- cost cars online to defend its leadership of Europe’s surging budget-vehicle market against rival offerings including a new brand being developed by PSA Peugeot Citroen.Dacia, Renault’s no-frills badge, will experiment with an Internet sales program in Europe to prepare a wider rollout in the region next year, Gerard Detourbet, head of the company’s low-cost Entr
MobilityMarch 6, 2011
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Audi aims to steal BMW 5-Series fans
The A6 from VW’s luxury brand undercuts prices of rivals in high-end sedan segmentVolkswagen AG’s Audi luxury brand will target executives with a revamped A6 sedan to increase sales and lure customers from BMW and Daimler AGat the more expensive end of the product range.“The A6 is the epitome of the top-of-the-range sedan,” development chief Michael Dick said in an interview. “I’m convinced it wil
MobilityMarch 6, 2011
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The new Noah’s Ark to be built in Netherlands
Hector Casanova color illustration of Noah's Ark being tossed in high waves during a lightening storm. (MCT)A Dutchman is building a life sized Noah’s Ark on the Maas River, and is expected finish in 2012. He built a 1:5 scale replica of the ship in 2007, but this time, he is planning to build a full sized one.If the boat is completed on time, it will go on a “world tour,” starting from London at
TechnologyMarch 6, 2011
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40 websites bombarded by cyber attacks
Cheong Wa Dae, USFK sites hit but no damage reportedWebsites of about 40 key South Korean institutions, including the presidential office and the Ministry of Foreign Affairs and Trade, came under cyber attack on Friday.Although there was no serious damage caused by the attack, the websites were hit bydistributed denial-of-service attacks around 10 a.m.The attacked websites included a number of gov
March 4, 2011
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BOK under growing pressure to hike rate
The Bank of Korea is under intense pressure to raise the benchmark interest rate for March after keeping the rate unchanged last month despite spiraling consumer prices.Analysts have widely criticized the Monetary Policy Committee of the central bank, accusing it of missing the opportunity to make timely increases in the interest rate since the latter half of 2010.Woori Futures research analyst Ch
March 4, 2011
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Korean firms favored to win UAE rail project
Two Korean-led consortia satisfy bid qualifications for $20b railroad planTwo consortia including Korean enterprises passed the pre-qualification criteria for a $20 billion railway project in the United Arab Emirates, raising hopes for the country’s first-ever railway construction export, state-run Korea Trade-Investment Promotion Agency said Friday.The list of firms involved in the bid includes b
IndustryMarch 4, 2011
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Sales of imported vehicles rise 5.2 pct in Feb.
Foreign vehicle brands in South Korea saw a steady rise in their sales last month from a year earlier, flashing a green light for their goal of selling over 100,000 cars in the local market for the first time, a trade association said Friday. A total of 6,770 imported vehicles were sold here in February, up 5.2 percent from the same month last year, according to the Korea Automobile Importers
MobilityMarch 4, 2011
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Web sites of Cheong Wa Dae, gov't agencies attacked
The Web sites of South Korea's presidential office, government agencies and financial institutions came under a cyber attack on Friday, industry sources said. The presidential office Cheong Wa Dae, the Ministry of Foreign Affairs and Trade and top lender Kookmin Bank were among some 40 institutions whose Web sites were infected by the so-called distributed denial-of-service (DDoS) from 10 a.m.,
TechnologyMarch 4, 2011
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(URGENT) Web sites of Cheong Wa Dae, 40 agencies come under DDoS
(URGENT) Web sites of Cheong Wa Dae, 40 agencies come under DDoS
TechnologyMarch 4, 2011
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Treat yourself, in moderation
Humans, perhaps Americans in particular, tend to share a certain creed that goes something like this: If one is good, two are better.That’s fine when it comes to dollars in the collection plate or hours spent volunteering, but not so with certain research-has-shown items consumed in the name of health. Think nuts, red wine, dark chocolate, coffee.Nuts, for instance, once thought to be merely delic
TechnologyMarch 3, 2011
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Visionary IT leaders embrace humanity
Technology should be bringing people together closer: Twitter co-founderTechnology, while it often appears to be the driving force behind tidal waves of change capable of forever altering the way we live, is but a tool for enhancing humanity, Biz Stone, the co-founder of Twitter Inc., said on Thursday. “If we are to be a triumph, we are not to be a triumph of technology but a triumph of humanity,” Stone said at a session of the MBN World Economy and Future Forum. “People are basically good, and
IndustryMarch 3, 2011
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Competition beefs up between Samsung, Apple
Competition is beefing up between two global electronics rivals Samsung Electronics and Apple Inc. after the U.S.-based firm’s chief executive Steve Jobs singled out its competitors while launching the iPad 2 on Wednesday.“Samsung put (a tablet) out last year,” said the 56-year-old CEO in his first public appearance since taking a medical leave on Jan. 17.Then quoting Lee Young-hee, Samsung’s vice
IndustryMarch 3, 2011
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Regulator warns against excessive bank competition
FSS chief blasts Shinhan for stock options given to ex-chairFinancial Supervisory Service Gov. Kim Jong-chang on Thursday issued a strong warning against excessive competition and executive compensation among commercial banks.In a meeting with bank CEOs in Seoul the nation’s chief financial regulator cautioned that banks should refrain from behavior that could destabilize their finances and furthe
March 3, 2011
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Seoul shares rebound on recovery hopes
Korean stocks closed 2.2 percent higher on Thursday, recouping losses from earlier this week, as a series of encouraging economic data spurred strong foreign and institutional buying, analysts said. The local currency rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) jumped 42.42 points to 1,970.66. Trading volume was moderate at 277.2 million shares worth 5.13 t
March 3, 2011
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Hyundai pushes into premium market
Korea’s No. 1 carmaker launches i40 D-class vehicle at Geneva auto showGENEVA (AP) ― Fast-growing Hyundai may be best known for its small cars, but plans to break into the premium market with a new sedan has the big guys looking over their shoulders.The Korean automaker is not half as well known in Europe as Toyota, for example, and consumers typically associate its cars with affordability rather
IndustryMarch 3, 2011
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Hynix seeks delay of patent trial
Hynix Semiconductor Inc., Micron Technology Inc. and Nanya Technology Corp. asked a federal judge in California to delay a patent-infringement trial scheduled for May 2 over claims brought by Rambus Inc. Jared Bobrow, a lawyer representing the memory-chip makers, said in a letter Wednesday to U.S. District Judge Ronald M. Whyte in San Jose, California, that the trial should be taken “off calendar”
March 3, 2011