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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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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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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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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GS chairman stresses crisis management
GS Holdings plans to spin off energy divisionGS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure
Oct. 19, 2011
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KFS leads global drive against deforestation
Senior officials from governments and international organizations attend the opening session of the UNCCD COP 10 in Changwon, South Gyeongsang Province, on Monday. (Yonhap News)Changwon Initiative seeks common standards, increased fundsKorea Forest Service Minister Lee Don-koo on Wednesday vowed to
Oct. 19, 2011
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Robot helpers
Incheon Airport Customs officials stand in line as a robot delivers scissors to cut the tape to appoint robots as promotion agents at the Incheon International Airport on Wednesday. The robots from the Ministry of Knowledge Economy will provide information on entering the country and customs r
Oct. 19, 2011
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Motorola unveils slim smartphone in Korea
Motorola Inc. unveiled its new super-slim smartphone in South Korea on Wednesday in an effort to establish a presence in the market dominated by the Galaxy S and iPhone.Motorola, the biggest U.S. mobile handset maker, said it plans to release its RAZRTM in the domestic market next month. It will be
Oct. 19, 2011
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Samsung sends mixed signals to Apple
Samsung heir apparent Lee mentions close ties in talks with Tim CookHONG KONG/SEOUL ― Samsung Electronics’ top executives sent mixed signals on Wednesday over its patent battle with Apple Inc. amid speculation about a possible new attack from the U.S. tech leader aiming to undercut the allure
Oct. 19, 2011
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GS’s Huh calls for crisis management
GS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure with no exception,” Huh said. “When the storm clear
Oct. 19, 2011
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Samsung, Google unveil Galaxy Nexus
New Android-powered phone to compete with Apple’s iPhone 4SHONG KONG ― Samsung Electronics and Google Inc. unveiled the first smartphone running on the Android’s latest mobile operating system at a global launch event in Hong Kong on Wednesday.“We’re very excited to be introducing our next-generatio
Oct. 19, 2011
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Samsung wins dismissal of some apple smartphone patent claims in U.S. suit
Samsung Electronics Co. won dismissal of some of Apple Inc. (AAPL)’s claims over smartphone patents in a lawsuit in federal court in California. The iPhone maker’s claims that Samsung misrepresented its intent to license certain patents on fair terms was dismissed and Samsung’s request to throw out
Oct. 19, 2011
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Kia’s Soul dominates N. America’s boxy hatchback market
Kia Motors Corp., South Korea’s second-largest automaker, said Tuesday that its Soul box-type hatchback is dominating rivals in the North American market for the third year in a row.The Soul compact that hit the U.S. and Canadian markets in 2009 has been the best-selling car in both countries since
Oct. 18, 2011
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FTA levels playing field for U.S. car makers in Korea: Kirk
WASHINGTON (Yonhap News) ― U.S. Trade Representative Ron Kirk said Monday that a free trade agreement with South Korea, approved by Congress last week, will enable South Koreans to buy American cars “at an affordable price” and reaffirmed a plan to renew a push for opening South Korea’s beef market
Oct. 18, 2011
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SK unit to export naphtha tech to China
SK Innovation, Korea’s top refiner, said Tuesday it has clinched a deal with China’s Yanchang Petroleum Corp. to export its catalyst technology used to break down naphtha. First developed by SK and the Korea Research Institute of Chemical Technology in 2008, the Advanced Catalytic Olefins process al
Oct. 18, 2011
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GS Caltex strives to achieve shared growth
Korea’s No. 2 refiner scales up cash payments, low-interest loans and technical training for suppliersGS Caltex, the country’s second-largest oil refiner, is stepping up efforts to support its small vendors and suppliers as it strives to create a level playing field in Asia’s fourth-largest economy.
Oct. 18, 2011
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Hanwha Group to plant forest in Mongolia
Hanwha Group, which is developing solar power as a future growth engine, is lending a helping hand to the fight against desertification.The Korean conglomerate, which sponsored the United Nations Convention to Combat Desertification meeting in Changwon, South Gyeongsang Province in October, is condu
Oct. 18, 2011
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Hanwha looks to solar power to fuel growth
Conglomerate is working on additional production facility for solar power equipment in ChinaHanwha Group’s vertical integration of its solar power businesses is nearing completion as it seeks to take on the growing global market for solar energy and develop the business into a growth engine for the
Oct. 18, 2011
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Samsung widens campaign to ban iPhone 4S sales
Samsung heir apparent attends Steve Jobs’ memorial in the U.S.Samsung Electronics said Monday it filed for a sales ban on Apple’s latest smartphone in Japan and Australia, while its heir apparent Lee Jae-yong visited the U.S. to attend the memorial service of Apple’s late co-founder, Steve Jobs.The
Oct. 17, 2011
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Deal to boost exports of local parts, materials
Korea’s parts makers are set to expand supplies to U.S. industrial giants Caterpillar and Applied Materials Inc., as well as Samsung Electronics as part of a government program for shared growth.The Ministry of Knowledge Economy said Monday it has signed two agreements to shore up cooperation betwee
Oct. 17, 2011
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New KEPCO head pledges to bring financial soundness
The new chief executive of the Korea Electric Power Corp. vowed on Monday to improve the company’s financial structure as a primary goal for his three-year term.Kim Joong-kyum, a former head of Hyundai Engineering & Construction Co., took office at the state-run utility a month ago.“Financial soundn
Oct. 17, 2011
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Chung stresses partnership with Georgia government
Hyundai Motor Group chairman Chung Mong-koo (right) greets U.S. Georgia Gov. Nathan Deal who visited the Korean carmaker’s headquarters in southern Seoul on Monday. (Hyundai Motor)Hyundai Motor Group chairman Chung Mong-koo stressed partnership with Georgia Gov. Nathan Deal in the company’s welcomin
Oct. 17, 2011
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Cash dries up at Korea’s big businesses
Surplus cash flow halves, corporate borrowing surgesDespite repeated assurances from government officials, fears of a global recession are hurting Korea Inc. on liquidity as many large firms face worsening cash flow, data showed Monday.The annual excess cash flow forecast of 83 listed firms stood at
Oct. 17, 2011
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Korean aviation market to grow rapidly in next decades: Airbus
South Korea’s air transportation market will see robust growth in the next two decades largely due to growing demand for large-size aircraft for passenger traffic, a European aerospace company said Monday.“We foresee that the South Korean aviation market will have a demand for 382 new aircraft over
Oct. 17, 2011