Most Popular
-
1
Tensions heighten ahead of first president-opposition chief meeting
-
2
Seoul to provide housing subsidy to married couples with newborns
-
3
[KH Explains] No more 'Michael' at Kakao Games
-
4
Rapper jailed after public street fight with another rapper
-
5
Woman gets suspended term for injuring boyfriend with knife
-
6
Samsung chief bolsters ties with Germany’s Zeiss
-
7
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
-
8
[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
-
9
Med schools expect 1,500+ new admission slots next year
-
10
Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
-
Samsung, LG in war over smart living room
Korean electronics companies compete in rolling out higher-performance, slicker smart TVsKorean electronics giants of Samsung and LG are engaging in a heated competition to seize the next stage of home entertainment with new smart TVs and application marketplaces.The world’s two largest TV manufacturers have recently released bigger, thinner and slicker products that allow users to access the Inte
TechnologyJan. 31, 2011
-
Watchdog probing Korean Air for alleged price fixing
South Korea's anti-trust watchdog is investigating price-rigging allegations that Korean Air, the nation's flag carrier, colluded in fixing prices with a Mongolian airline company for flight services to the central Asian country, officials said Monday. The investigation by the Fair Trade Commission (FTC) focuses on relatively expensive flight ticket prices between Incheon and Ulan Bator offere
IndustryJan. 31, 2011
-
Zuckerberg 'friends' actor in Facebook movie
The Oscar-nominated movie "The Social Network" paints an unflattering portrait of Mark Zuckerberg but the Facebook founder apparently doesn't hold a grudge.Zuckerberg, 26, came face-to-face during a guest appearance on the popular NBC comedy show "Saturday Night Live" with Jesse Eisenberg, who received a "Best Actor" nomination for his portrayal of the Facebook creator. Jesse Eisenberg (left, MCT)
IndustryJan. 31, 2011
-
S. Korea's industrial output grows 9.8 pct in Dec.: govt report
South Korea's industrial output grew for the 18th straight month in December, suggesting the economic recovery remains on track, a government report showed Monday. According to the report by Statistics Korea, production in the mining and manufacturing industries expanded 9.8 percent last month from the same month a year earlier. The output has expanded since July 2009. Production grew 2.8 p
IndustryJan. 31, 2011
-
Obama likely to submit Korea FTA to Congress in March: report
The Obama administration will likely submit the pending free trade deal with South Korea to Congress in late March after undergoing a series of congressional hearings next month, reports said Sunday. U.S. Trade Representative Ron Kirk is expected to appear at hearings at the House Ways and Means Committee and the Senate Finance Committee in mid-February to "pave the way for a mock markup of th
Jan. 31, 2011
-
S. Korea's manufacturing sentiment falls for Feb.
South Korean manufacturers' business confidence inched down for February on concerns that rising raw material prices could crimp their profitability, the central bank said Monday. The index of manufacturers' outlook on business conditions reached 91 for February, down from 92 for January, according to the Bank of Korea (BOK). The index measures manufacturers' outlook on business conditions for
IndustryJan. 31, 2011
-
S. Korea's semiconductor exports to reach $52.5 bln in 2011: gov't
South Korea's computer chip exports are expected to reach $52.5 billion in 2011, fueled by greater overseas demand for system semiconductors, the government said Monday. The total represents a growth of 3.5 percent compared to the previous year, with outbound shipments of system semiconductors used to make products like smartphones and tablet PCs expanding 18.7 percent on-year to $19.1 billion
IndustryJan. 31, 2011
-
Prices soar, defying government’s recent anti-inflation measures
Consumer price hikes are showing no signs of let-up, two weeks after the government embarked on a sweeping campaign to fight inflation. Crop damage from extreme weather conditions combined with the country’s worst animal disease outbreak sent food prices to record high levels, hurting low-and middle-income households preparing for the Lunar New Year holiday this week.Pork prices jumped more than 2
Jan. 30, 2011
-
Blame games rising over oil price increases
Government and industry in dispute over whether to cut margins or fuel taxesThe government and oil refiners are at loggerheads over how to stabilize fuel prices as the nation is fighting an uphill battle to curb inflation driven by international commodities prices.Oil companies have been the key target of the government’s campaign against inflation since early January. Officials have been calling
Jan. 30, 2011
-
LGE to showcase air conditioners at U.S. show
LG Electronics, Korea’s second-largest electronics maker, is to showcase its key air conditioning products at a trade fair in Las Vegas this week.Its highly efficient and environment-friendly commercial air conditioners will be displayed at a 200 square-meter booth at the AHR Expo, the world’s largest international tradeshow for heating, ventilation, air-conditioning and refrigeration industries,
IndustryJan. 30, 2011
-
SK chairman spurs overseas resources development
SK Group chairman Chey Tae-won will visit Brazil and Australia this week to speed up the group’s overseas resources development, SK officials said Sunday. The trip follows Chey’s participation in the Energy Summit session at the World Economic Forum in Davos, Switzerland, from Jan. 26-30. Chey will first visit Brazil to meet with Eike Batista, CEO of Brazil’s largest resources firm EBX. They will
IndustryJan. 30, 2011
-
POSCO secures Africa resources deals
POSCO has forged agreements with African partners to spur its move to develop natural resources in the region, the world’s No. 4 steel producer said Sunday.During a week-long visit that ended Saturday, chief executive Chung Joon-yang agreed to jointly develop an iron ore mine in Cameroon, a company statement said. The Mbalam mine is expected to annually produce about 35 million tons of high-qualit
IndustryJan. 30, 2011
-
Macworld shines without Apple
SAN FRANCISCO (AFP) ― From star-gazing iPad applications to crystal-encrusted iPhone cases, a universe of products spun off of Apple gadgets flourished at Macworld Expo despite the absence of the sun around which they revolve.Attendance was on track to hit 25,000 by the time the annual gathering of Apple faithful ends on Saturday.The crowd was down from the 40,000 to 50,000 people seen in years when Apple took part and chief executive Steve Jobs starred in presentations that included unveiling h
IndustryJan. 30, 2011
-
Irish senate passes bailout bill
DUBLIN (AFP) ― Ireland’s upper house of parliament passed Saturday a key finance bill needed to secure the country’s bailout package, paving the way for embattled Prime Minister Brian Cowen to call elections.The budget, which hikes taxes and slashes spending as part of the price for the 67.5 billion euro ($91 billion) European Union-International Monetary Fund bailout, had already passed the lower
IndustryJan. 30, 2011
-
Volkswagen, Porsche, BMW feel pinch of tight supplies
Volkswagen AG, Porsche SE and Bayerische Motoren Werke AG are feeling the pinch of tight component supplies as parts-makers struggle to keep pace with resurgent vehicle demand.Volkswagen, Europe’s biggest automaker, will halt production at its main factory in Wolfsburg, Germany, on Jan. 31, because of a shortage of engines and other parts. BMW, the world’s biggest luxury-car maker, Porsche and Dai
MobilityJan. 30, 2011
-
Hyundai introduces hybrid bus
Hyundai Motor Co. unveiled the Blue City compress natural gas-electric hybrid bus for the first time on Jan. 25.The vehicle is fitted with a 240-brake horsepower engine ― running on compressed natural gas ― and a 60 kilowatt or 80 brake horsepower electric motor powered by a 3.8 kilowatt hour lithium polymer battery pack. Blue CityAccording to the company the Blue City is able to travel 340 kilom
MobilityJan. 30, 2011
-
Test drive Kia Morning for Valentine’s
Kia Motors Corp. is offering a chance to test drive the city car Morning for four days from Feb. 12 to 15.The event is open to anyone with a valid driver’s license over the age of 21, and applications can be submitted on the company’s website at www.kia.co.kr.The company will announce 50 successful applicants on the website from Feb. 10. Those selected for the event will also be given mobile coupo
MobilityJan. 30, 2011
-
Renault Samsung offers discount on service
Renault Samsung Motors Co. is offering a 20 percent discount on mechanics fees and selected parts until Feb. 18.During the period, those replacing engine oils, batteries, anti-freeze fluid and brake pads will be able to receive services at the discount rates at the 448 directly-operated and associated service centers across the country. The offer is available for all Renault Samsung vehicles. For
MobilityJan. 30, 2011
-
Ferrari likely to unveil station wagon
GENEVA (DPA) ― Ferrari is apparently planning to unveil at the Geneva Motor Show in March a Shooting Brake station wagon concept car based on the 612 Scaglietti, after spy shots of a car were revealed recently.The Italians could be testing the market for cars that could compete against the likes of the Porsche Panamera or other luxury sports utility vehicles, fitted with a V12 engine of some 540 h
MobilityJan. 30, 2011
-
BMW dominates large bike market
Three of last year’s top five bestselling motorcycles with larger than 500 cubic centimeter engine displacement, excluding scooters, were BMW vehicles, BMW Korea announced Thursday.According to industry data, BMW’s S1000RR topped the list with 129 units sold last year. The BMW R1200GS came in third with 104 units, while the R1200RT came in fifth with 83 units. S1000RRThe second bestselling motorcy
MobilityJan. 30, 2011