A string of KTX breakdowns dampens confidence in homegrown technology, stokes safety concerns Customers around the country have vented fury over Korea’s flaw-ridden high-speed trains, calling for better safety measures from operators and builders. A series of accidents and breakdowns have marred the reputation of the Korea Train Express, or KTX, in recent months largely due to technical glitche...

The majority of South Korea’s listed companies are not fulfilling their social responsibilities and that can put a crimp in their sustainable growth in the future, a report said Wednesday. The report based on a study of 668 listed companies showed 575 firms, or 86 percent of the total, scored “weak” or “very weak” grades on the so-called environmental, social and corporate governance (ESC) rati...

University students will be offered a chance to showcase their ideas and designs at the design presentation contest The Korea Herald plans to host on the sidelines of the iDEA Herald Design Forum 2011. A total of 10 teams will be selected to compete for the finals on Oct. 5, the day the Herald Media-run event is held. The winners will be given a plaque and prize money along with the opportunity...

The iDEA Herald Design Forum will be attended by some of the most distinguished names in industrial and urban design. Leading the roster of design experts are Christopher Bangle, the automobile designer best known for his work at the BMW Group’s design team, brand futurist Martin Lindstrom and Simon Anholt, a pioneer in the field of nation branding. The two-day conference will kick off with an ...

Electric fans without blades, USBs shaped like bookmarks and black washing machines ― these are some of the inspired recipients of the Red Dot Design Award, regarded as one of the highest honors in the world of design. Industry watchers say consumers have fallen in love with the products because they are not only pleasing to the eye, but are also practical for everyday use. So far, the Red Dot ...

WASHINGTON (AFP) ― Google is a latecomer to social networking but its new site, Google+, is growing much more rapidly than Facebook, Myspace and Twitter did in their early days, technology experts said Tuesday. While Google+ may be the fastest-growing social network ever, it remains to be seen, however, whether it can pose a serious threat to the social networking titan Facebook, which has more ...

Minister of Knowledge Economy Choi Joong-kyung, who has made several stern comments about large companies’ practices, once again earned the ire of the country’s business community on Sunday. This time, the minister’s remarks were aimed at executives and their huge paychecks, ruffling the feathers of those running some of Korea’s largest corporations. “Large companies only favor experienced work...