Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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Manpower: World is entering ‘Human Age’
Manpower Inc., U.S.-based employment agency, said on Jan. 27 at the World Economic Forum in Davos, Switzerland, that the world had entered a new era: The Human Age. The concept was introduced by Manpower CEO Jeffrey Joerres in his presentation “Entering the Human Age –- unleashing and leveraging human potential in the new reality” at the forum. Manpower says this new age has significant implicatio
Feb. 9, 2011
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New iPhone app helps with confession
(MCT)WASHINGTON, (AFP) - A new "Confession" application for Apple's iPhone, iPad and iPod Touch has received the blessing of a Catholic bishop."Confession: A Roman Catholic App," is the first program for the Apple devices created by a South Bend, Indiana-based company called "Little iApps."Its developer, Patrick Leinen, said the app was designed to be used in the confessional and was intended "for
Feb. 9, 2011
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IT exports post strong gain in Jan.
Korea’s exports of IT-related products jumped 16.3 percent in January from a year earlier on strong global demand for semiconductors, displays and mobile phones, the government said Tuesday.The country shipped $12.83 billion worth of IT products abroad, marking the 15th month in a row that exports grew at a double-digit rate, the Ministry of Knowledge Economy said in a monthly report.Exports of se
Feb. 8, 2011
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Toyota to recall Lexus for fuel pipes
Toyota Motor Corp., a Japanese carmaking giant, will recall 2,459 vehicles sold in Korea due to manufacturing defects that could lead to oil leakage, Seoul’s transportation ministry said Tuesday.Subject to the recall are the Lexus IS250 model produced and sold between Sept. 3, 2007 and Dec. 3, 2008, according to the Ministry of Land, Transport and Maritime Affairs. The luxury passenger cars were f
Feb. 8, 2011
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International ferry users hit record high
The number of passengers using international ferry services in and out of Korea rose to a record high last year, bolstered by rebounding economic conditions, the government said Tuesday.International ferry passengers totaled 2.77 million last year, up 32.6 percent from a year earlier, according to the Ministry of Land, Transport and Maritime Affairs. The figure was the highest ever, exceeding the
Feb. 8, 2011
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Android tops iPhone in U.S.
WASHINGTON (AFP) ― Google’s Android surged past Apple’s iPhone last quarter and is closing in on the Blackberry as the most popular smartphone platform in the United States, market tracking firm comScore said Monday.According to comScore, 63.2 million Americans owned smartphones at the end of December, up 60 percent from a year earlier. An Apple Inc. iPhone 4 (front) and a Sony Ericsson Xperia X10
Feb. 8, 2011
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Ballmer is cleaning up house
MS CEO reportedly planning management reshuffle for tech expertiseMicrosoft Corp. Chief Executive Officer Steve Ballmer plans to extend a management reshuffling aimed at adding senior product executives with an engineering background, two people with knowledge of the decision said.Changes may be announced this month, said one of the people, who declined to be named because the plans are private. L
Feb. 8, 2011
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Businesses oppose early adoption of carbon trading
Korea’s major economic organizations called on the government Monday to significantly postpone its plan to introduce a carbon emissions trading system in 2012, saying it could hurt the country’s industrial competitiveness.The five economic organizations, including the Federation of Korean Industries, the largest industry lobby in the country, urged the government to delay the move at least until 2
Feb. 7, 2011
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Korean venture to buy U.S. hallyu site operator
Korea’s video search technology provider, Enswers Inc., said Monday that it has agreed to acquire a Silicon Valley-based online company, Soompi Media LLC, to create a U.S.-based Web portal for Korean pop culture and news.Under the agreement, Enswers will introduce this month a revamped service of Soompi.com powered by its own video search technology in a bid to bring Korean dramas, music, movies a
Feb. 7, 2011
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Kia Motors posts record monthly sales in China
HONG KONG (Yonhap News) ― Kia Motors Corp., Korea’s second-largest automaker, posted record-high monthly sales in China last month, backed by strong demand for its sport utility vehicle, company officials said on Sunday.In January, Kia Motors sold 38,858 units of vehicles in the world’s most populous country, up 22.7 percent from a month earlier and also 13.7 percent from the same period last year
Feb. 7, 2011
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LGD eyes Poland joint venture
LG Display Co., the world’s second-largest maker of liquid-crystal displays, said it’s in talks with TPV Technology Ltd. to form a venture in Poland to manufacture LCD modules and televisions.The venture will help reduce production costs by making TV parts and sets in one factory, Claire Ohm, a Seoul-based spokeswoman for LG Display, said in a telephone interview Monday. LG has similar operations
Feb. 7, 2011
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BAT Korea launches Kent Boost
British American Tobacco Korea said Monday it has launched Kent Boost, which offers two levels of menthol in one cigarette.The product is first of this kind in the country, according to the tobacco producer. It gives consumers an extra burst of menthol when they press the capsule in the filter, the firm said. “Kent is the second-largest premium brand globally (outside of U.S. and China) sold in ov
Feb. 7, 2011
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Entry barriers hurt Korean beer industry
Brewers say trade barriers must go to add color to Korean beer marketThink Korean beer. Now think of a Korean beer that’s not Hite or OB.That blank right there shows the space smaller breweries have been trying to fill in a market where the share between the big two is split nearly fifty-fifty. Many beer lovers crave diversity, finding local products “watery” and of lower quality when compared to
Feb. 7, 2011
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Korea Ginseng Corp. to open 11 overseas branches
Korea Ginseng Corp. said Monday it will establish 11 new branches outside Korea this year as it aims to more than double its overseas sales.The firm is well-known for its 6-year-old red ginseng brand Cheong Kwan Jang, which has been increasing in popularity overseas, particularly in China, over the past few years.The firm said it will establish new branches in China, Japan, North America, Singapor
Feb. 7, 2011
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Hyundai’s U.S. executives flock to GM
Hyundai Motor America’s senior designer Phillip Zak has returned to GM, joining the recent migration of Hyundai’s top-level executives to the U.S. giant.Zak, who had worked as GM’s chief designer for Europe before moving to Hyundai Motor America in April 2009, returned to the U.S. carmaker earlier this month.While at Hyundai Motor America, Zak is said to have played a key role in introducing Hyund
Feb. 7, 2011
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Bio firm finds structure...of superbug enzyme
A Korean firm said Monday it has identified the structure of a key protein that makes bacteria resistant to nearly all known antibiotics, paving the way for a treatment of the so-called superbug.Researchers at Crystalgenomics Inc., a Seoul based bio-venture, have succeeded for the first time to find the shape of the New Delhi metallo-beta-lactamase, or NMD-1 enzyme that deactivates antibiotics. Si
Feb. 7, 2011
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Firms to showcase new devices in Barcelona
Tablet PCs, smartphones to dominate Mobile World Congress next weekLocal electronics giants are lining up their cutting-edge mobile products for a global industry show in Barcelona, Spain next week.New tablet PCs and smartphones are expected to dominate the Feb. 14-17 Mobile World Congress, which is expected to draw more than 1,300 firms from all over the world.LG Electronics, which has been geari
Feb. 7, 2011
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‘Facebook may not be dominant in Japan’
Facebook Inc. may never overtake Mixi Inc. in Japan as the lure of connecting with friends overseas isn’t enough for users to switch services, according to the U.S. social-networking site’s biggest games developer.Japan “is one place where Facebook may not end up being dominant,” Robert Goldberg, head of Zynga Game Network Inc.’s operations in the country, said in an interview in Tokyo last week.
Feb. 7, 2011
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BHP, Rio help mine record $52b profit
BHP Billiton Ltd., Vale SA and Rio Tinto Group, the world’s three largest mining companies, are set for record profit totaling $52 billion as they accelerate earnings growth at the expense of their biggest customers.The companies, also the largest iron-ore exporters, may post an average 66 percent jump in the annual earnings they report this year compared with 2007, according to analyst estimates
Feb. 7, 2011
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Wal-Mart plots local retail rebound in U.S.
Humbled and attacked on all sides, Wal-Mart seeks comeback from missteps that hurt salesSADDLE BROOK, New Jersey (AP) ― The battle for shoppers is playing out in this New York suburb: Wal-Mart versus everyone else.Dollar stores beckon, their small size ideal for quick shopping. Target offers 5 percent off if you pay with its store-branded card. Costco tempts with high-end, brand-name food and desi
Feb. 6, 2011