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'
-
Korea should be watchful of uncertainties: experts
Korea should be alert against economic uncertainties at home and abroad, such as the eurozone debt crisis and household debt, as they will serve as downside risks to the growth path, experts said.The Korean economy has maintained its upward momentum, aided by sustained exports, but its growth path is fraught with a set of economic uncertainties, which warrant a close watch, experts said in a month
May 25, 2011
-
Korea to get tougher on ‘unfair trading’
Korea plans to clamp down on stock market manipulation and trading on undisclosed information after $26 billion was wiped from the value of the nation’s listed companies in a matter of minutes last November.The Financial Services Commission is drafting revisions to capital-markets laws to increase penalties, said Ernst Lee, a spokesman at the regulator. The revisions, which will require approval b
May 25, 2011
-
‘Luxembourg offers own solution for every foreign investment’
Choosing a European country to invest in takes tremendous legwork and lawyers to comb through all the details.Luxembourg has entered the game in Korea by trying to attract foreign investment into the small kingdom.Companies looking toward investing in Europe first need a European headquarters, then a logistical center and in the near future, once fuel prices climb to higher levels, a manufacturing
May 23, 2011
-
‘Kids absorb 1.5 times the electro waves of adults’
Research showed Monday that a five-year-old takes in 1.5 times more electromagnetic waves than a 20-year-old.According to research conducted by a team at the Electronics and Telecommunications Research Institute, children’s maximum specific absorption ratio for the waves was much higher than for adults.The maximum SAR for a five-year-old boy was 124 microwatts per kilogram, while the figure was 83
May 23, 2011
-
Korea’s consumer confidence slumps in Q1: report
South Korea’s consumer confidence index scored 51 in the first quarter of this year, marking the lowest since the first quarter of 2010, Nielson said Monday. The index figure appears to have been weakened by the rising inflation rate following unusual weather conditions and food-and-mouth disease outbreaks, the market research firm said. In the same period, global consumer confidence index rose t
May 23, 2011
-
Korea, Latin America to work on energy, green growth
The two-day High-Level Forum on Korea-LAC Partnership began in Seoul on Wednesday. Held for the third time, high-level officials from 11 Latin American countries including First Vice President of Costa Rica Alfio Piva Mesen are attending the event.The main topic of this year’s discussions are ways to increase cooperation between Korea and Latin American nations in the field of trade, investment, e
May 18, 2011
-
College graduates now make up lion’s share of workforce
College graduates took up a bigger portion of the country’s workforce than high school graduates for the first time, Statistics Korea said Tuesday.Jobs taken by graduates from universities and vocational colleges totaled 9.54 million as of March, exceeding those taken by high school graduates, 9.5 million.The trend continued through April, with college graduates topping the figure by 25,000 at 9.5
May 17, 2011
-
Strauss-Kahn innocent till proven guilty: French government
The French government considers that IMF chief Dominique Strauss-Kahn is innocent until proven guilty following his arrest in New York on sexual assault charges, its spokesman Francois Baroin said Sunday."The French government respects two simple principles: that the judicial proceedings are under way under the authority of American justice, according to American law, and the respect for the presu
May 15, 2011
-
IMF chief's arrest rocks French presidential race
PARIS (AP) -- The stunning arrest of IMF chief Dominique Strauss-Kahn in connection with a sexual assault in New York is throwing the French presidential race into disarray.Some rivals and political observers said it could bury any presidential bid by Strauss-Kahn, considered the strongest potential challenger to unseat the unpopular President Nicolas Sarkozy in next year's election.Others urged c
May 15, 2011
-
NY police question IMF head in hotel sex assault
IMF Managing Director Dominique Strauss-Kahn, speaks during a news briefing at the 2010 WB/IMF Spring Meetings in Washington. (AP-Yonhap News)NEW YORK (AP) ― The leader of the International Monetary Fund and a possible candidate for president of France was pulled from an airplane moments before he was to fly to Paris and was being questioned Saturday by police in connection with the sexual assault
May 15, 2011
-
Plan to relocate LH Corp. to Jinju faces backlash
Opposition slams decision as politically motivated; Jeonju to get pension service insteadJinju in South Gyeongsang Province has been selected as the sole location of the state-run Land and Housing Corp., the Ministry of Land, Transport and Maritime Affairs announced Friday.The government had considered distributing the LH Corp. between Jinju and Jeonju in North Jeolla Province.The decision will be
May 13, 2011
-
[Urgent] BOK freezes key rate at 3 pct for 2nd month
South Korea's central bank unexpectedly froze the key interest rate on Friday for the second straight month as economic uncertainty such as the eurozone debt crisis persists even in the face of inflation risks.Bank of Korea (BOK) Gov. Kim Choong-soo and his fellow policymakers held steady the benchmark seven-day repo rate, dubbed the base rate, at 3 percent for May.The decision came as a surprise
May 13, 2011
-
Samsung eyes $10b revenue in southern Africa by 2015
NAIROBI (Yonhap News) ― Samsung Electronics Co. aims to post $10 billion in revenue by 2015 in Sub-Saharan Africa with its consumer electronics and mobile products built for the market, the chief of the company’s African unit said Wednesday.Samsung has been stepping up efforts to make inroads into the African market, which has a population of 1 billion with a growing number of middle-class people,
May 12, 2011
-
Office workers spend more on booze than culture
The average Korean office worker spends twice as much money on drinking as culture and entertainment, a survey showed.According to a survey of 640 people conducted by recruitment website Career, white collar workers typically spend about 109,000 won ($100) a month on alcohol.Just 54,000 won is spent on going to the theater or exhibitions. As the most popular cultural activity, 82 percent of respon
May 12, 2011
-
Ministers discuss smart society, its challenges
Global ministerial meeting focuses on digital convergence, social networking servicesMinisters and vice ministers from 21 countries gathered in Seoul on Wednesday to share views about how innovative solutions and next-generation technologies could reshape people’s lives and offer new opportunities.“A smart society has come, which puts an emphasis on digitalization, mobility and two-way services wi
May 11, 2011
-
Ministry sets area of new park in Yongsan
The Ministry of Land, Transport and Maritime Affairs on Wednesday designated 2.43 square kilometers of the land currently occupied by the U.S. Army’s Yongsan Garrison to be converted into a park.Central government agencies and the Seoul city government have been reviewing plans to convert the land occupied by the Yongsan Garrison into a park since 2008 once control of the land is returned to the K
May 11, 2011
-
Korea, Japan open working-level FTA talks
South Korea and Japan held director-general level talks on a bilateral free trade agreement in Seoul on Monday.Monday’s meeting was the second to be held by director-general level officials from the two countries since the first round of talks held on Sept. 16 in Tokyo.At the latest talks, officials from the two countries discussed non-tariff barriers and other trade-related issues, and plans for
May 9, 2011
-
‘Jeonse’ system loses favor with landlords
Apartment buildings under construction in Seoul. (Bloomberg)Ahn Ji-eun, 34, lives in a two-bedroom flat in Hwagok-dong in western Seoul with her husband and twin daughters. She moved into the 70-square-meter unit (about 22-pyeong) a year ago as a tenant on a one-year contract and now she is desperate to renew it.“We are told to top up our key money by 30 percent or move out. I’ve been looking for
May 8, 2011
-
Kung fu helps cabin crew deal with troublesome passengers
Cabin crews from Hong Kong Airlines practise Wing Chun, a concept-based Chinese martial art or Kung Fu, during a lesson in Hong Kong Saturday, April 30, 2011. A Hong Kong airline makes all its cabin crews to take Wing Chun lessons as helping them to build the team spirit and to learn self-defense. (AP-Yonhap News)Hong Kong Airlines cabin crew are attending kung fu lessons to help them handle drunk
May 5, 2011
-
EU FTA can boost exports of S. Korean SMEs: KOTRA
The free trade agreement (FTA) with the European Union (EU) that was ratified by South Korea's parliament can boost exports of products made by local small and medium-sized enterprises (SMEs), a state-run trade promotion agency said Thursday. The Korea Trade-Investment Promotion Agency (KOTRA) said it has selected 10 products that local companies enjoy global competitiveness in and that could m
May 5, 2011