Most Popular
-
1
Exports to US reach all-time high, widen gap with China
-
2
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
3
[Music in drama] Rekindle a love that slipped through your fingers
-
4
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
5
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
-
6
Seoul Metro to seek legal action against malicious complaints
-
7
On May Day, labor unions blast Yoon's foreign nanny proposal
-
8
Illit, mired in controversy, remains on Billboard charts for 5th week
-
9
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
10
[KH Explains] Will alternative trading platform shake up Korean stock market?
-
Kia exports 10 millionth car
Kia Motors Corp. loaded its 10 millionth vehicle to be exported at the Pyeongtaek Port in Gyeonggi Province on Thursday.The vehicle, a K5 midsized sedan, will be shipped to the U.S. “Today’s achievement was made possible by the efforts of Kia employees and the affection shown by the customers,” Kia vice chairman Lee Hyung-keun said at the ceremony marking the event.The company’s exports began with
March 24, 2011
-
One in seven suffered hacking: survey
One out of every seven in the Korean online community experienced hacking last year, while one out of six said their personal information was exposed online without their consent, according to government figures on Thursday.In the corporate sector, one out of eight companies said their websites were disturbed or hacked, the Korea Communication Commission said, citing a survey it conducted on indiv
March 24, 2011
-
Korea strives for agricultural security
Government, companies to establish grain trading firm, boost overseas farmingAlarmed over a surge in global food inflation, Korea is ratcheting up its efforts to safeguard against price volatility and secure a stable supply. The government and companies are joining hands to expand the country’s overseas farming bases, establish a direct import channel and modernize agricultural production and dist
March 24, 2011
-
[Meet the CEO] Focus on innovation, customer drives Merck growth
Korea unit’s chief expects OLED, clinical trials to be prospective in tech-savvy local marketDuring the 2008-09 economic crisis, many companies curtailed their costs, their workforces and their investments as they strove to survive the worst global slowdown since the Great Depression of the 1930s. Merck Korea, the local unit of the world’s oldest chemical and pharmaceutical firm, was one of the fe
March 24, 2011
-
LS Cable introduces new English name
South Korea's top wire and cable maker LS Cable Ltd. said Thursday that it has changed its English name to LS Cable & System Ltd. to reflect the company's growing businesses. Shareholders adopted the new English name on Wednesday as the new name better indicates the company's expansion into businesses that offer a package of applications, equipment, software and systems to clients, the compan
March 24, 2011
-
New tablet PC battle brewing
Apple’s iPad 2 to come to Korea next month, while Samsung, LG prepare to launch new line-upA new round of tablet PC competition is heating up as major electronics makers announced plans to release their new products on Wednesday.Samsung Electronics, the world’s No. 2 handset maker, released two different sizes of the upgraded Galaxy Tab ― 8.9 inch and 10.1 inch ― while LG Electronics presented its
March 23, 2011
-
Childbirth grows over 10%
Childbirth in Korea grew over 10 percent in January from a year earlier as improving economic conditions encouraged couples to have more babies, a government report showed Wednesday.According to the report by Statistics Korea, the number of babies born in January stood at 47,500, up 10.7 percent, or about 4,600 from the same month a year earlier. The January figure marked the 11th consecutive on-y
March 23, 2011
-
SKT to export RFID reader technology
SK Telecom, the country’s top mobile carrier, said Wednesday it has signed a deal for the first exports of its universal subscriber identification module, which could help businesses better manage products such as liquor and pharmaceuticals.SKT said that the company and its Chinese partner Sunnada Communication Co., a leading wireless coverage solution provider in China, agreed in Beijing to sell
March 23, 2011
-
Energy costs to face upward pressure: minister
Japan’s earthquake will likely exert upward pressure on energy prices over the short term as the disaster, along with unrest in Arab countries, increases market volatility, the finance minister said Wednesday.“The massive earthquake in Japan is expected to disrupt supply and demand of major energy resources over the short haul, possibly causing price fluctuations,” Finance Minister Yoon Jeung-hyun
March 23, 2011
-
Shinhan Financial head vows to repair image
Shinhan Financial Group Co.’s new chairman vowed Wednesday to make all-out efforts to restore its tainted image and regain shareholder trust following last year’s high-profile management feud.Han Dong-woo was inaugurated as the chairman of Shinan Financial, replacing Ryoo Shee-yul, who had served as the acting chief of the country’s third-largest banking group by assets since October.“I will use e
March 23, 2011
-
KT&G to build ginseng plant in northeast China
KT&G Corp., the nation’s largest tobacco producer, said Wednesday that it is to launch a ginseng business in the northeastern Chinese province of Jilin.Seeking to diversify its portfolio, the company has been enhancing its Oriental healthcare business, for which China is considered the world’s largest market.KT&G signed a memorandum of understanding on Tuesday with the governments of Jilin and Yan
March 23, 2011
-
POSCO to support SMEs for global competitiveness
POSCO announced Wednesday that it would support local small- and medium-sized enterprises to secure competitiveness in the global market.The steelmaker formed a partnership with 28 small- and medium-sized companies to collaborate in developing each of them into a “leading midsized company of global standing” on Wednesday. SMEs that signed on to POSCO’s scheme include industrial equipment makers Se
March 23, 2011
-
Tariff-free import quotas to be raised for livestock
South Korea, battling outbreaks of foot-and-mouth disease and bird flu, will increase tariff-free import quotas of breeding pigs, chickens for breeding and seed corn to ease a shortage and stabilize prices.The government boosted the quotas for breeding pigs to 5,000 from 1,850 head and to 661,000 from 461,000 for breeding chickens, the Ministry of Strategy and Finance said Wednesday. The measures
March 23, 2011
-
Hyundai Heavy opposes HMM share sale plan
Hyundai Merchant Marine Co., the biggest unit of Korea’s Hyundai Group, jumped the most in almost four months in Seoul trading as opposition to a share sale plan prompted speculation it may be a takeover target.The shipping line rose by the daily limit of 15 percent limit, the biggest climb since Nov. 30, to close at 33,250 won in Seoul. The stock was the second-best performer on the KOSPI index W
March 23, 2011
-
Jobs to be deposed in iTunes antitrust suit
SAN FRANCISCO (AFP) ―A federal judge has cleared the way for Apple’s ailing leader Steve Jobs to be deposed in a class-action lawsuit charging the iPod maker turned iTunes into a digital music monopoly.U.S. Magistrate Judge Howard Lloyd ruled on Monday that attorneys for the plaintiffs may question Jobs for a total of two hours, but only about an iPod update making RealNetworks digital music inope
March 23, 2011
-
Steve Jobs to come back soon?
Ever since Steve Job took a medical leave from Apple in January, his health has been a major concern for Mac fans. Some even worried that he might have only a few more weeks to live.However, he demonstrated that he is still healthy by making a public appearance this week to meet a friend in Los Angeles, according to the Daily Mail. A few weeks ago, he also introduced the latest Apple product weari
March 23, 2011
-
LG Display threatens to sue Samsung over 4-letter insult
Increasingly ugly bickering between Korea’s two electronics giants over 3-D TV technology now looks set to turn into a court battle.LG Display recently requested Samsung Electronics to confirm news reports that a senior Samsung executive publicly insulted LG engineers using a profanity. LG 3-D TVLG Display supplies display panels to LG Electronics. They been engaged in a heated war of words with
March 23, 2011
-
Kia Motors delays exports of K5 sedan to Europe
Kia Motors Corp., South Korea's second-largest automaker, said Wednesday it has decided to delay the scheduled launch of its popular K5 passenger sedan in the European market until the second half of the year due to an undersupply. The vehicle, currently sold as the Optima in the U.S. market, was initially scheduled to be shipped to Europe in the first half of the year. "We earlier planned to
March 23, 2011
-
Samsung unveils thinner tablet computers in U.S.
Samsung Electronics Co., the world's No. 2 maker of mobile phones, unveiled on Wednesday two new tablet computers aimed for the U.S. market, eying a bigger market share on Apple Inc.'s home turf with ultra-thin devices. Samsung unveiled the company's third tablet computer, the Galaxy Tab 8.9, and a U.S. version of the Galaxy Tab 10.1 during a trade show in Orlando, Florida, it said in a statemen
March 23, 2011
-
Japanese fishery imports drop
Korean imports of Japanese fishery products have dropped in the past week due to consumer concerns over their possible contamination with radiation and disruptions in supply in the neighboring country, the customs office said Tuesday.Before the 9.0-magnitude quake struck Japan on March 11, Korea’s daily weekday imports of fishery products from the country averaged $3.4 million, according to the Ko
March 22, 2011