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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[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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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Med schools expect 1,500+ new admission slots next year
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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KT launches new mobile plans for foreign residents
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E-mart Peacock gains footing in packaged food market
E-mart’s own packaged food brand Peacock is fast gaining firm footing in the nation’s home meal replacement market, its latest sales data showed Thursday. Following its launch two years ago as Shinsegae Group vice chairman and heir apparent Chung Yong-jin’s pet project, its sales reached 68.3 billion won ($59.2 million) in the first 10 months this year, up 55.2 percent from the same period last year, the company said.Peacock now makes up more than 10 percent of packaged food sales at E-mart, a S
Nov. 12, 2015
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Uniqlo launches extra warm Heattech wear
Uniqlo has launched an upgraded version of his signature Heattech performance wear, which boasts extra warmth and flexibility in comparison to the original.The extra warm Heattech products are able to trap heat 1.5 times better than the original Heattech garments. The quality of the fabric has been improved for a softer and smoother touch as well. Uniqlo particularly recommended that people who have to spend a long time in the cold during winter can make great use of extra warm Heattech goods.Me
Nov. 12, 2015
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Suecomma Bonnie eyes new Chinese markets
Local fashion brand Suecomma Bonnie — established under Kolon FnC, Kolon’s fashion unit — presented its designs and latest products at a fashion presentation in Shanghai last week.Through the presentation, the firm is looking to better propagate its unique designs to potential Chinese investors. As the brand expands its global presence, Kolon is looking to rack up 100 billion won ($86.50 million) in sales over the next five years.Last year, Suecomma Bonnie sealed an exclusive license with Chines
Nov. 12, 2015
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VOV, fashion designer launch makeup collection
Voice of Voices, better known as VOV, has collaborated with fashion designer Kwak Hyun-joo to launch its new holiday makeup collection.VOV, a makeup brand under LG Household and Healthcare, has launched a four-color eyeshadow palette, a glow metal CC cushion, a multifunctional lip tint, a waterproof pencil eyeliner as well as a multi-cushion pen.The palette is suitable for a gradation-based eye makeup while the CC cream is able to retain moisture for a brighter skin all day long. The range’s so-
Nov. 12, 2015
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Galleria to showcase Patek Philippe
Galleria Department Store in Seoul will hold an exclusive exhibition of Patek Philippe’s latest luxury watches until Sunday.The exhibition is taking place in Seoul as part of the “2015 Patek Philippe World Tour,” which selects 20 countries around to world to showcase its classic collections and latest models, set to be presented at Baselworld 2016, an international watch and jewelry trade show in Switzerland.Galleria will showcase Patek Philippe’s Grand Complications watches, priced between 100
Nov. 12, 2015
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Lotte to open duty-free store in Japan next year
Lotte Duty Free said Monday it would open a new branch in Ginza, Tokyo next year, a popular destination for tourists, particularly Chinese, to bolster its global presence. The company expects the duty-free shop to rack up around 200 billion won ($180 million) in annual sales by 2017, upon its opening next year, by attracting foreigners visiting Tokyo’s representative downtown district. Lotte is also looking to launch two more duty-free stores in 2017, one in Tokyo and another in Osaka, and more
Nov. 12, 2015
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Foreign beauty brands cost more in Korea
A local consumer advocacy group has recently confirmed the long-held rumors that foreign cosmetic brands charge Korean customers more than other overseas markets.The Consumers Union of Korea studied 65 major cosmetic brands sold in the U.S., the U.K., France, Germany, Japan and Korea from July 1-20 and found that the price of items sold at Korean department stores were on average 1.02-1.56 times higher than abroad. Products at drugstores were 1.11-2.46 times the average price in other countries.
Nov. 12, 2015
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41 years on, Choco Pie still evolving
Everyone has a snack that holds a special place in their heart. For many Koreans, it’s the Orion Choco Pie. More than 18.3 billion of the chocolate-coated, marshmallow-filled cake sandwiches have been sold since 1974 around the world, from South Korea to Russia, China and Vietnam. “If you pile them, you could cover the globe 32 times,” said Shin Hyun-mi, an Orion spokeswoman. In its iconic TV commercial, Choco Pie represents “Jeong,” the idiosyncratic Korean emotion depicting inexplicable amiabi
Nov. 12, 2015
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AmorePacific, LG Household resolve patent dispute
Korean cosmetics giants AmorePacific and LG Household & Health Care on Thursday said they would share patents while dropping all litigations against each other. In particular, the deal will allow LG to use AmorePacific’s patented global smash-hit cushion foundation techniques while AmorePacific will be able to use LG’s patented tooth-bleaching patch manufacturing techniques. “The two companies decided to acknowledge nonexclusive rights on patented cosmetics and lifestyle goods between themselves
Nov. 12, 2015
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Boud bags CES Innovation Award
Korean design company Boud announced Thursday that it has bagged the CES 2016 Innovation Award in the Digital Imaging Category for its PIC product.The award winners are acknowledged for their innovative design and engineering in tech products and services in the market. PIC is the world’s first lifestyle camera that boasts a unique design -- users can use the camera at any angle because of its flexible handle, and it can be used without any holders or mounting kits. PIC Camera. Boud“We are excit
Nov. 12, 2015
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AmorePacific joins Seoul Lantern Festival
AmorePacific is attending this year’s Seoul Lantern Festival, held from Nov. 6-22, with its GREENCYCLE recycling campaign and an artwork display.The company’s GREENCYCLE campaign is an environmentally friendly event that recycles and upcycles cosmetics containers. AmorePacific opened a GREENCYCLE art gallery earlier this year, displaying art pieces made from used containers.AmorePacific will also display a lighted artwork at the Seoul Lantern Festival 2015, which includes an emblem commemorating
Nov. 12, 2015
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[Photo News] Hyosung Smile Expedition in Vietnam
HYOSUNG SMILE EXPEDITION IN VIETNAM - Hyosung‘s medical volunteer group “Hyosung Smile Expedition” offer free medical services to residents in a village in Dong Nai province, Vietnam from Nov. 8 to 14. The Hyosung Smile Expedition has been running since 2011. Hyosung
Nov. 12, 2015
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SK hynix to emerge as No. 4 chipmaker: data
South Korean chipmaker SK hynix Inc.is expected to emerge as the world's No. 4 player this year, marking a two-notch rise from last year, data showed Thursday, narrowing its gap with market behemoths -- Intel Corp. and Samsung Electronics Co.SK hynix is anticipated to rake in $16.9 billion in sales this year, up 4 percent from a year earlier, according to the data compiled by industry tracker IC Insights.The figure includes all chip segments from dynamic random access memory to system large scal
Nov. 12, 2015
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Local fashion brand Courri boasts quality, design and affordability
Women’s clothing brand Courri (www.courri.com) is increasing its profile in the world fashion market, thanks to designs by Courri head Hwang Yoo-na and the technical skills of Seoul’s dressmakers.“In addition to the exquisite clothing that Hallyu stars wear, toned down naturalness is also a typical fashion style in Korea,” said cofounders Oh Jung-gun and Hwang Yoo-na.Courri’s design and production all take place in Korea. The products are crafted with fabrics sourced from the Korea Textile Expo,
Nov. 12, 2015
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Asiana's plan to launch 2nd budget carrier runs into opposition from rivals
Asiana Airline Inc.'s plan to launch its second budget carrier has run into opposition from rivals, who warned against excessive competition, industry and government sources said Thursday.According to industry insiders, several airlines filed formal objections on the creation of Air Seoul, citing safety concerns and the impact on the already oversaturated market. Asiana already jointly operates Air Busan with the city of Busan.The Ministry of Land, Infrastructure and Transport formally announced
Nov. 12, 2015
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Kakao swings to profit in Q3
Kakao Corp., the operator of South Korea's top mobile messenger, said Thursday it swung to profit in the third quarter from a year earlier on a robust performance in its mobile-related business.Net profit came to 14.76 billion won ($12.7 million) in the July-September period, compared with the 6.31 billion-won shortfall posted a year earlier, the company said in a release.The result slightly hovered above the market's estimate of 12.8 billion won compiled by Yonhap Infomax, the financial arm of
Nov. 12, 2015
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Samsung holds most wearable devices patents
South Korea's top electronics giant Samsung Electronics Co. held the highest number of patents related to wearable electronics devices, data showed Thursday, reflecting its latest efforts to tap deeper into the smartwatch segment.The number of wearable patents held by Samsung came to 600 over the 2003-2014 period, outpacing other global tech rivals, according to the data compiled by the Korea Electronics Technology Institute.The Netherlands-based Philips followed with around 500 patents, while L
Nov. 12, 2015
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DK2015 to highlight industrial design
DK2015, a design festival, kicked off at KINTEX in Ilsan, Gyeonggi Province, on Wednesday to discuss industrial design for five days.More than 190 design firms from 13 countries around the world, including China, gathered for the forum that will highlight the artistic world of design and its commercialization, organizers said.“Design is the soft power of the manufacturing industry. It adds great values. We will nurture the design industry, strengthen our competitiveness, and elevate DK festival
Nov. 11, 2015
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Cargill opens world’s largest animal feed plant in Pyeongtaek
Cargill, a global trader and processor of agricultural commodities, opened the world’s largest animal feed plant in Pyeongtaek, Gyeonggi Province, on Wednesday, its Korea unit Cargill Argi Purina said.“The opening of the plant proves Cargill’s continued commitment to the sustainable growth of Korea’s livestock industry,” Lee Bo-kyeun, Cargill Korea representative and head of Cargill Argi Purina, said in a press conference in Seoul. Cargill invested 115 billion won ($100 million) to build the new
Nov. 11, 2015
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Kumho Tire to hold homecoming for Korean-Vietnamese families
Kumho Tire is receiving applications from Vietnamese nationals who have a multicultural family in Korea and want to visit their home country next January as part of the company’s “Korean-Vietnamese Multicultural Family Homecoming” program. Since 2013, the tire maker has supported Vietnamese people who have settled in Korea through international marriage in visiting their home country with children in tow. A total of 43 families have benefited from the program providing return flight tickets and
Nov. 11, 2015