Most Popular
-
1
Top 4 conglomerates convene strategy meetings to navigate uncertainties
-
2
[AtoZ into Korean Mind] Korea's broken ladder of social mobility
-
3
Doctors to go on indefinite walkout as government rejects final demands
-
4
Doctors begin indefinite strike
-
5
Putin’s Pyongyang trip highlights need for bond in isolation
-
6
[Graphic News] Son Heung-min named 10th-best forward
-
7
Yoon returns amid tensions over Putin's Pyongyang visit
-
8
[KH explains] Why Korean battery companies are key to Tesla's 2170 upgrade strategy
-
9
No. of mosquitoes unusually high in June
-
10
Korea to promote eco-friendly albums in K-pop industry
-
Clean-energy cars on the rise in Korea
Nearly 50,000 clean-energy vehicles have been sold in South Korea as local automakers have broadened their lineups of eco-friendly cars in line with the government’s “green growth” policy, the Environment Ministry said.The aggregate number of eco-friendly cars sold in South Korea until last year sto
MobilityAug. 21, 2011
-
Kim to head Tax Tribunal
Kim Nak-hoe, director general of tax analysis and international tax affairs at the Finance Ministry, was picked to head the Tax Tribunal, a state agency empowered to resolve tax disputes. Kim Nak-hoeThe tax expert began his career as a public servant in 1984 at the Ministry of Government Administrat
Aug. 21, 2011
-
Homeplus COO named CEO of Tesco Malaysia
Homeplus said that its COO Do Sung-hwan has been named as the chief executive of Tesco Malaysia. Do Sung-hwanHomeplus started its operation here in 1999 as a joint venture between Samsung Group and Tesco. Currently, the U.K.-based retail giant holds almost 95 percent of company shares. In 12 y
IndustryAug. 21, 2011
-
Epson Korea says 35 million customers' data hacked
Epson Korea Co., the South Korean unit of Japan's Seiko Epson Corp., said Saturday that its Web site has been hacked, causing the private information of 35 million users to be leaked."We have discovered through an internal investigation that the customers' data were leaked. We apologize for causing
TechnologyAug. 20, 2011
-
Apple planning early 2012 launch for new iPad: WSJ
NEW YORK (AFP) - Apple plans to begin trial production of a next generation iPad in October with an eye to an early 2012 launch, The Wall Street Journal reported Friday.The newspaper, citing "people familiar with the situation," said Apple is working with component suppliers and its assembler in Asi
TechnologyAug. 20, 2011
-
Korea to allow foreigners-only duty free shops
The government plans to allow foreigners-only duty free shops from next year, the Korea Customs Service said Friday. The customs agency revealed the plan during a meeting of the Presidential Council on National Competitiveness presided over by President Lee Myung-bak at Cheong Wa Dae.Under the plan,
IndustryAug. 19, 2011
-
Shares plunge on global recession woes
KOSPI posts year’s worst drop of 115.7 points; U.S., European, Asian stocks extend slumpKorean stocks took a pounding again on Friday following steep losses in the United States and Europe amid renewed fears of a global recession.The Korea Composite Stock Price Index posted the sharpest drop among m
Aug. 19, 2011
-
LG Electronics holds fair to recruit global talents in R&D
LG Electronics said Friday it was moving to recruit talented research and development personnel from other countries.The company held a tech conference in Tokyo on Friday, which invited 50 engineering students, including Korean students studying in Japan. A total of 20 executives in the firm’s resea
IndustryAug. 19, 2011
-
FSS urges banks to resume loans
FSS chief: Insurers need to brace for external uncertaintiesFinancial Supervisory Service Gov. Kwon Hyouk-se urged commercial banks Friday to resume their suspended household loans.“The FSS will instruct the banks to resume the lending,” Kwon told reporters before attending a meeting with chief exec
Aug. 19, 2011
-
Dutch scientists aim to create bullet-proof ’skin’
Researchers in the Netherlands have discovered a way that might create artificial skin that is bullet-proof, according to the Daily Mail.Scientists produced genetically modified goats whose milk has a similar protein as that used in spiders’ silk. They extracted the protein and used it to create the
TechnologyAug. 19, 2011
-
Alien civilizations more likely to be hostile
American researchers predict that if there really are alien civilizations, they are likely to be hostile to the Earth, the Daily Mail reported.Viewed from a third party, Earth may be seen as being hazardous as it shows an abnormal increase in temperature and therefore aliens may conduct a preemptive
TechnologyAug. 19, 2011
-
IBM pursues chips that behave like brains
SAN FRANCISCO (AP) -- Computers, like humans, can learn. But when Google tries to fill in your search box based only on a few keystrokes, or your iPhone predicts words as you type a text message, it's only a narrow mimicry of what the human brain is capable.The challenge in training a computer to be
TechnologyAug. 19, 2011
-
Sniffer dogs detect lung cancer by smelling breath samples
Study finds sniffer dogs can accurately detect lung cancer by smelling breath samples.Researchers from Schillerhoehe hospital in Germany conducted experiments with specially trained dogs and 220 volunteers including 60 lung cancer patients, 50 patients with chronic obstructive pulmonary disease (COP
TechnologyAug. 19, 2011
-
Seoul shares open sharply lower on U.S. losses
South Korean stocks opened sharply lower on Friday as overnight panic selling on Wall Street froze investor sentiment here, analysts said.After opening 3.81 percent down, the benchmark Korea Composite Stock Price Index (KOSPI) sank below the 1,800-point mark. In the first 15 minutes of trading, KOSP
Aug. 19, 2011
-
Samsung, LG try to shake Android claims
Samsung and LG, the nation’s top two electronics companies, appeared to be bristling at claims from Google’s Andy Rubin that he had unsuccessfully pitched the Android operating system to them.In the Wall Street Journal’s Aug. 17 edition, Rubin was quoted as saying he had made the proposals to both S
IndustryAug. 18, 2011
-
LG Uplus acquires most wanted radio spectrum
Company plans to use the 2.1 gigahertz radio spectrum late next yearLG Uplus is enjoying a positive outlook after it was made official Wednesday that the firm would take home the 2.1 gigahertz radio spectrum to be used for fourth generation network technologies.The Korea Communications Commission, t
IndustryAug. 18, 2011
-
Hyundai Motor Group chief scores big in stock earnings
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 researcher said Thursday. The market capitalization of stock holdings owned by Chung increased to 7.5
IndustryAug. 18, 2011
-
Korea’s retail rivals seek Vietnam expansion
Lotte Mart plans third outlet in 2013; E-Mart to open first Hanoi store next year, 52 outlets by 2020Just two years have passed since Vietnam opened its retail sector to foreign businesses on a full scale. The Vietnamese market has grown so quickly that sales and service revenue in the retail sector
IndustryAug. 18, 2011
-
Coupang aims for NASDAQ listing
Korean social commerce firm Coupang said Thursday it is aiming to be listed on the U.S. stock market by 2013 after cementing its position as the country’s top electronic commerce company.Kim Bom-suk, chief executive of the company, said it will also enter the overseas market to compete with global i
IndustryAug. 18, 2011
-
Korean, Australian regulators sign MOU on resource sharing
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.
Aug. 18, 2011