Most Popular
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Court refuses injunction on medical school expansion
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Debate on 'no-seniors zones' heats up
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Is NewJeans headed for a long 'break'?
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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S. Korea, Cambodia forge strategic partnership
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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What's next for the government's push in quota hike?
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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Taking pictures to remember may help you forget
WASHINGTON (AFP) ― Taking a picture to help you remember something might end up having the opposite effect, according to research published in the United States.A study released this week showed that people who took photographs of items during a museum tour were less likely to remember details than those who merely looked at the objects.That is a lesson for a world growing accustomed to instant photo-sharing on Facebook, Twitter and other social networks, said psychological scientist Linda Henke
TechnologyDec. 11, 2013
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Alibaba, Samsung may compete against Google
Jack Ma, founder of Alibaba Group, China’s largest online trading company, on Wednesday met with Samsung Electronics executives including mobile chief Shin Jong-kyun. While Samsung remained tight-lipped on the matter, sources said the two sides had much to talk about, including Alibaba’s ambitions to manufacture its own version of the Google Glass -- a wearable computer fitted with an optical head-mounted display that is to serve as a ubiquitous computer. Alibaba has been quietly building the d
TechnologyDec. 11, 2013
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Video games may cause deadly thrombosis: report
Playing video games for a long time without taking breaks may be deadly, Live Science reported on Wednesday.Extended video gaming often involves no movement for a long period, which can increase the risk of developing a potentially lethal condition known as deep-vein thrombosis, or DVT, the report said. The report cited a 31-year-old man from New Zealand who spent eight hours a day playing PlayStation games for four days, and a doctor told him that deadly blood clots developed in his leg. DVT ca
TechnologyDec. 11, 2013
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Seoul shares close 0.78 pct lower on FOMC woes
South Korean stocks closed 0.78 percent lower Wednesday as investors took a breather ahead of the U.S. monetary policy meeting scheduled for next week, analysts said. The local currency inched up against the U.S. dollar to set a year-high level.The benchmark Korea Composite Stock Price Index (KOSPI) shed 15.48 points to 1,977.97. Trading volume was low at 228.1 million shares worth 3.42 trillion won ($3.26 billion) with losers outpacing gainers 541 to 261.Analysts noted the U.S. policy-setting F
Dec. 11, 2013
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Google to offer free upgrade to ‘Google Glass’
Google said Thursday it was offering a free upgrade to the new Google Glass Explorer Edition for early buyers. The upgrade is said to be faster and more durable, with an added slot to install on ordinary glasses.But Google said the renewed version would not be compatible with first-generation accessories. The offer is valid through Feb. 5 and is open to those who bought Google Glass before Oct. 28.The high-tech wearable device works as a miniature computer, featuring a side-mounted touchpad and
TechnologyDec. 11, 2013
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European probe on course for a landing on a comet
It's been likened to a parachutist trying to land on a mountaintop. Or a person attempting to leap from one speeding car to another.The European Space Agency is planning to land an unmanned spacecraft on a comet next year in an unprecedented and exquisitely tricky mission that has been underway for almost a decade and is about to enter a critical new phase.The agency announced Tuesday that its Rosetta probe, which has been journeying through space since its launch in 2004, will be awakened from
TechnologyDec. 11, 2013
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Seoul shares trade flat in late morning trade
South Korean stocks traded almost flat late Wednesday morning as investors continued to take a wait-and-see approach on the U.S. monetary policy meeting slated for next week, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) shed 1.64 points, or 0.08 percent, to 1,991.81 as of 11:20 a.m.Tech shares continued to trade mixed, with Samsung Electronics losing 0.62 percent while its smaller rival LG Electronics climbed 0.82 percent. Flat panel maker LG Display added 1.21 percent.M
Dec. 11, 2013
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Seoul shares open lower ahead of FOMC meeting
South Korean stocks opened lower Wednesday as investors continued to take a breather ahead of the U.S. Federal Open Market Committee slated for Dec. 17-18, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) edged down 2.43 points, or 0.12 percent, to 1,991.02 in the first 15 minutes of trading.Tech shares traded mixed, with No. 1 Samsung Electronics falling 0.28 percent, while its smaller rival LG Electronics added 1.04 percent. Top chipmaker SK hynix advanced 1.23 percent.Shi
Dec. 11, 2013
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Korea's import prices fall for 15th month in Nov.
South Korea's import prices declined for the 15th straight month in November as oil prices fell and the local currency gained against the U.S. dollar, the central bank said Wednesday.In local currency terms, the country's import prices declined 4.9 percent in November from a year earlier, smaller than the 7.3 percent on-year fall in October, according to the Bank of Korea (BOK).It marked the 15th consecutive month of on-year declines in import prices since September last year when such prices di
Dec. 11, 2013
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S. Korea's jobless rate drops in Nov. with job creation picking up
South Korea's jobless rate slightly dropped in November from a month earlier as job creation picked up speed, raising hopes that labor market conditions are improving, a government report showed Wednesday.According to the report by Statistics Korea, the jobless rate stood at 2.7 percent last month, down from 2.8 percent in October.The jobless rate adjusted for inflation also inched down to 2.9 percent from the previous month's 3 percent.Job creation accelerated sharply. The number of employed pe
Dec. 11, 2013
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[Graphic News] New KTX routes
A new corporation to be established under KORAIL will operate the new high-speed KTX routes expected to open in 2015. The line, which will connect to the nation’s southern region, will start in Suseo, southeastern Seoul. The existing KTX service starts in Yongsan, central Seoul. The new section is are expected to make access easier for people in eastern Seoul and Gyeonggi Province.
Dec. 10, 2013
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[Newsmaker] Leadership of rail chief put to test
Choi Yeon-hye, CEO of the state-run rail operator KORAIL, is taking a chance on her leadership by adopting a zero-tolerance policy on the hard-line unionized rail workers’ strike.“I shall deal (with the walkout) with a mother’s heart,” Choi said through an official statement on Monday, apologizing for the inconveniences caused by the KORAIL labor union’s nationwide strike.Despite her seemingly soft-hearted words, the rail operator’s first-ever female chief has largely been stern and forthright s
Dec. 10, 2013
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26 percent of divorces involve elderly couples
The number of divorce cases among elderly or middle-aged Koreans surpassed 30,000 for the first time in 2012, according to Statistics Korea data released on Tuesday.According to the state statistics agency, the number of divorces among people whose married life exceeded 20 years reached about 30,200 last year. This comprised 26.4 percent of the total number of divorces in 2012 among couples of all ages.Further, this marked the first time that the number of divorces among elderly couples surpasse
Dec. 10, 2013
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Korea to exclude foreigners from DSME sale
Financial authorities plan to prevent foreign investors from bidding for the state-funded Daewoo Shipbuilding & Marine Engineering.Government officials said Tuesday that the state policy decision came after Russia’s state-controlled oil producer Rosneft was rumored to have recently expressed interest in DSME, which is scheduled to be put up for auction in the coming months.An official cited national security reasons for the exclusion of non-Korean bidders, saying that the shipbuilder manufacture
Dec. 10, 2013
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Korea to rely on nuclear plants for 29% of power supply by 2035
The government plans to rely on nuclear power plants for 29 percent of the total electricity supply by 2035, in an apparent move to uphold the controversial policy to expand its nuclear energy.The former administration had sought to boost the supply ratio of nuclear power plants to over 30 percent to cope with rising demand for electricity. But the Japanese nuclear disaster in Fukushima in 2011 has stoked global concerns about the use of nuclear energy, prompting some countries to change or scra
Dec. 10, 2013
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[Photo News] Cooperation in ICT
IndustryDec. 10, 2013
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[Photo News] Toyota FJ cruiser
MobilityDec. 10, 2013
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Samsung targets 20% growth in smartphone sales next year
Samsung Electronics will aim for 20 percent growth in smartphone sales next year, the most conservative figure set since it started the business, as it focuses on the growing tablet market, industry sources said.Samsung’s information technology and mobile communications division reportedly set next year’s sales target of smartphones at 360 million units, a 20 percent increase from this year. Its tablet sales are expected to jump to 100 million from this year’s estimated 40 million units.“Samsung
IndustryDec. 10, 2013
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Korea decides not to recognize Bitcoin as real currency
Korean financial authorities said Tuesday that they have decided not to recognize Bitcoin, or cyber currency, as a real legal currency.The conclusion came after a week of debate among officials of the Ministry of Strategy and Finance, the Bank of Korea, the Financial Services Commission and the Financial Supervisory Service.Officials said Bitcoin, which can be traded between individuals online without going through financial institutions such as banks, does not meet standard regulations governin
Dec. 10, 2013
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FSS to send Tong Yang chief’s case to prosecution for fraud probe
The Financial Supervisory Service decided to hand over Tong Yang Group chairman Hyun Jae-hyun and its former brokerage unit chief Jeong Jin-seok to the prosecution on charges of financial fraud, officials said Tuesday. The financial watchdog said that it has transferred its investigative data on chairman Hyun and ex-CEO Jeong to the Seoul District Prosecutors’ Office. The data is said to concern Jeong’s alleged pressure on Tong Yang Securities employees to promote aggressive sales of commercial
Dec. 10, 2013