...blem among meteorologists,” he said. Crawford admitted that reading and analyzing Korean climate was tougher than expected. “Forecasting in Korea is much harder than forecasting in Oklahoma,” the U.S.-native said. “There are three oceans, seashores, hills at every ear and a demanding public. But the weather has too many dividends. With a slight shift of wind, which heavily affects rain, it could...

...e Ministry of Education, Science and Technology signed a memorandum of understanding with Indonesia’s Ministry of National Education to run a classroom that utilizes information and communications tec...elop their education IT, and Columbia was the first to sign an MOU in July. According to Indonesia’s education minister Syawl Gultom, this will be the base that helps to provide students with quality...

...ecall Seoul mayor for pushing ahead with vote on free school meals With six days left before Seoul’s first-ever referendum on free school lunches, opponents of the vote have taken legal measures agai...trative faults in the referendum. It said Oh has infringed on the Seoul educational superintendent’s right to decide on matters related to free school lunch program. The group also argued that the bu...

...gahertz bandwidth of the 2.1 gigahertz range for 445.5 billion won ($414.75 million) in the country’s first wireless broadband auction. The license for the bandwidth will be given for 10 years. The K...nt 800 megahertz radio spectrum until next year, he added. Following the announcement, the company’s stock price saw a rise with industry experts presenting a positive outlook for the firm. “LG Uplu...

Among the heads of the nation’s top 30 conglomerates, Hyundai Motor Group chairman Chung Mong-koo saw the highest increase in his market shares following the latest stock market volatility, a market ...6.99 billion) on Wednesday from 7.37 trillion won on Aug. 5 one day before the downgrading of the U.S. debt rating, according to Korea CXO Institute. Despite sliding share prices of Hyundai Motor and...

Korea’s financial regulators will sign a memorandum of understanding with its counterpart in Australia, the Australian Prudential Regulation Authority, to collaborate in inspecting illegal financial activities, a senior financial official in Seoul said on Thursday. Financial Supervisory Service Gov. Kwon Hyouk-se is scheduled to leave for Sydney to sign the bilateral agreement on Friday, under w...

Chairman shows determination to cut collusive links with brokerages National Pension Service chairman Jun Kwang-woo replaced staff in four key posts responsible for the fund’s investment decisions Thursday, revamping the organization under fire for its staff’s involvement in corruption scandals. The world’s fourth largest pension fund said it changed its heads of stock and bond management depar...

...lder stocks following the recent rally, analysts said. The local currency lost ground against the U.S. dollar. The benchmark KOSPI slumped 32.09 points to 1,860.58, ending a two-session gaining run. ...tutions offloaded a net 312 billion won while retail investors snapped up a net 605 billion won. U.S. stocks ended little changed in an up-and-down session due to lingering concerns that the U.S. eco...

Major foreign investment banks are betting that South Korea’s central bank may freeze its key interest rate for the rest of the year, citing an increase in external economic uncertainties, data showe...at 3.25 percent last week for the second straight month as external economic uncertainties like a U.S. credit downgrade and the eurozone debt crisis outweighed concerns about rising inflation. After ...