Most Popular
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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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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[Weekender] How DDP emerged as an icon of Seoul
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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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[KH Explains] No more 'Michael' at Kakao Games
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Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Top 30 Korean brands worth over W90tr
Korea’s top 30 corporate brands were worth a combined 94.36 trillion won ($86 billion). Topping the list was Samsung Electronics, whose brand value accounted for one-third of the combined amount, according to Interbrand and Fortune Korea on Thursday.Interbrand is a leading global brand consultancy that annually announces the world’s 100 best brands. Jez Frampton, the chief executive at Interbrand, said that Korea was a key market driving innovation, and that was why Interbrand had eyes on Korea.
IndustryFeb. 21, 2013
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Yahoo unveils new features to regain luster
U.S. Internet portal Yahoo Inc. has revamped its main page, highlighting news of interest in a bid to attract more visitors and better compete with rival search engines.The makeover is led by Yahoo CEO Marissa Mayer, who took the reins in July 2012 after 13 years at Google, the most visited site in the U.S. last year and the company’s archrival.While providing expanded news content, Yahoo now offers customizable content modules to help users choose content that suits their tastes. “Whether you a
TechnologyFeb. 21, 2013
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[Graphic News] Korea’s ‘pain at the pump’ eases
How much do Korean drivers hit by high gasoline prices feel the pain at the pump? According to the latest Bloomberg Gas Price Ranking released last week, Korea ranked 32nd among 60 countries by pain at the pump, which is measured by the proportion of average daily income needed to buy a gallon of fuel.The average daily income in Korea was $65 and the share of a day’s income needed to buy a gallon (with a price of $6.77 per gallon) was about 10 percent, the report said. Last year, Korea ranked 20
Feb. 21, 2013
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Smog causes surge in heart deaths: study
PARIS (AFP) ― Exposure to higher levels of fine particulates ― the airborne pollution that is an emerging problem in many Asian cities ― causes a sharp rise in deaths from heart attacks, a study published on Wednesday said.Research published in the European Heart Journal pointed the finger at so-called PM2.5 pollution, which comprises tiny particles measuring 2.5 micrometers across or less.They are mainly generated by burning coal and oil for power stations, and petrol and diesel for transport.A
TechnologyFeb. 21, 2013
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Uterine myoma
Many women have been frequently asking me: “I have been told that I have uterine fibroid (myoma). Do I need to have an operation?” I think the reason for this is that with the emphasis on the importance of early diagnosis of cervical cancer, more women are regularly getting checkups for gynecological cancers, leading to findings of even small uterine myomas that would have gone unnoticed in the past.Uterine myoma is a benign tumor of the muscles in the uterus. It is a common gynecological condit
TechnologyFeb. 21, 2013
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Study: Better TV might improve kids’ behavior
SEATTLE (AP) ― Teaching parents to switch channels from violent shows to educational TV can improve preschoolers’ behavior, even without getting them to watch less, a study found.The results were modest and faded over time, but may hold promise for finding ways to help young children avoid aggressive, violent behavior, the study authors and other doctors said.“It’s not just about turning off the television. It’s about changing the channel. What children watch is as important as how much they wat
TechnologyFeb. 21, 2013
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Invisible braces make teeth realignment comfortable
Incognito, the latest development in lingual aligners, allows patients to straighten their teeth with minimum discomfort. Unlike conventional braces, aligners are fitted on the back of the patient’s teeth, which makes them virtually invisible from the outside. For this reason, lingual aligners are favored by those who do not want their appearance to be altered by a visible metal device attached to their teeth.For Incognito, doctors use computer aided design and manufacturing to make a 3-D image
TechnologyFeb. 21, 2013
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[Photo News] Aiming for top in home appliances
IndustryFeb. 21, 2013
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Q4 household credit hits record on housing tax benefit
South Korea’s household credit rose to a fresh record high in the fourth quarter as the government’s temporary housing tax benefits raised demand for mortgage loans, the central bank said Thursday.Household credit totaled 959.4 trillion won ($997.2 billion) as of the end of December, up 23.6 trillion won from three months earlier, in contrast to an 11.8 trillion won gain in the third quarter, according to the Bank of Korea.The on-quarter growth picked up, but compared with a year earlier, the gr
Feb. 21, 2013
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Merck to release new LED phosphor products in Korea
Merck Advanced Technologies, the Korean affiliate of Germany’s Merck, said Thursday it would begin commercial supply of red nitride LED phosphors, used in lighting products, in the first half of this year, in addition to its green LuAG and more reliable silicate phosphors to meet rising demand in the LED market and diversify LED packaging.LED phosphors are used to coat blue light emitting diodes to transform the blue light into white light, as recognized by human eyes. More than 90 percent of th
IndustryFeb. 21, 2013
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Watchdog begins audit on E-Mart lobbying allegations
South Korea’s anti-trust watchdog has opened an internal audit into allegations that E-Mart Co., the country’s largest discount chain operator, lobbied its officials to stop them from reporting the company’s unfair trading practices, industry sources said Thursday. The audit comes after the recent leak of confidential documents of Shinsegae Group, the parent company of the discount chain operator, that included E-Mart’s illegal lobbying of Fair Trade Commission officials in a bid to have them ke
Feb. 21, 2013
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Daewoo bags $1.1b deal for offshore platform
Daewoo Shipbuilding & Marine Engineering Co., a South Korean shipbuilder, said Thursday that it has won a $1.1 billion contract to build part of an offshore oil production platform.Under the deal with Statoil of Norway, Daewoo Shipbuilding will deliver the topside of the platform by the end of 2016, the company said in a statement.The platform has a capacity of producing 63,000 barrels of oil and 90,000 cubic meters of natural gas on a daily basis, according to Daewoo Shipbuilding.So far this ye
Feb. 21, 2013
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KT&G offers limited The One Maxim Edition
Tobacco manufacturer KT&G has put 1 million packs of The One Impact Maxim Edition on sale for a limited four-week period. The outer cover was designed in collaboration with Maxim, the world’s best-selling men’s monthly magazine, to attract young male smokers in their 20s and 30s ― who comprise about 70 percent of The One series sales ― the tobacco maker said. The One Impact Maxim Edition is the first limited-edition and sixth product from the low-tar, hard-filtered The One lineup since the brand
IndustryFeb. 21, 2013
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Shares down following rally
South Korean stocks closed 0.47 percent lower on Thursday as investors took a breather following a six-session rally, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index slid 9.42 points to 2,015.22. Trading volume was moderate at 385.9 million shares worth 4 trillion won ($3.7 billion), with decliners outnumbering gainers 527 to 279.Foreigners extended their net buying to a fourth straight session, while institutions shifted to selling.
Feb. 21, 2013
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Beneficiaries of Chung foundation reach 15,000
Hyundai Motor’s Chung Mong-koo Foundation offered a new round of scholarships to some 1,400 talented underprivileged students on Thursday. The recipients included students who showed promise in basic science or cultural arts, those who lost their parents in car accidents and defector college students from North Korea. Since its creation in 2009, the scholarship program has provided 15 billion won to about 15,000 students as of 2012, the foundation said. The foundation was established in 2011 whe
IndustryFeb. 21, 2013
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5,000-plus ministers, CEOs, experts likely to attend Daegu energy congress
More than 5,000 energy-related ministers, CEOs and experts from about 100 countries are expected to attend the 22nd World Energy Congress slated for October in Daegu, organizers in Seoul said on Thursday.The organizing committee also unveiled the first speaker lineup, including names and titles of 100 speakers, in a bid to attract more global attention to the event. “South Africa’s Energy Minister Dipuo Peters has recently confirmed his participation in the event as the 100th speaker,” the commi
IndustryFeb. 21, 2013
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Extended network key benefit of Korea-Colombia FTA
Korea’s free trade agreement with Colombia builds on a nexus of FTAs for the Andean nation and will facilitate a trading platform for Korean companies to export to other economies in the region, according to Colombia’s trade minister.“We have an important internal market with a population of 50 million people, but we also have an important nexus of FTAs with many of the surrounding economies giving Korean companies a platform for exports into those other markets,” said Sergio Diaz-Granados, mini
Feb. 21, 2013
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Hycore offers alternative motor for electric cars
Hycore Co., founded by Hanyang University Holdings, has developed a new dual compound motor system that reduces the energy consumption of existing electric motors. In the envisaged era of electric vehicles, electric motors and batteries would replace traditional engines in automobiles. Existing electric motors that are widely used in electric cars and bikes consume excessive energy when used for long periods. It also takes a lot of financial investment in order to improve their performance. Inst
IndustryFeb. 21, 2013
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Russian energy giant eyes more cooperation projects with Korea
The inauguration of Korea’s new government may rev up cooperation between Korea and Russia, particularly in the energy field. President-elect Park Geun-hye, who is to take office on Monday, earlier pledged to stabilize domestic energy supplies and to achieve a logistics network covering Eurasia.Eying such potential, En+ Group, a Russia-based diversified mining, metals and energy group, is poised to seek more energy-related cooperation with Korea, including a cross-border electricity supply proje
Feb. 21, 2013
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Seoul shares down 0.47 pct following rally
South Korean stocks closed 0.47 percent lower on Thursday as investors took a breather following a six-session rally, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) slid 9.42 points to 2,015.22. Trading volume was moderate at 385.9 million shares worth 4 trillion won (US$3.7 billion), with decliners outnumbering gainers 527 to 279.Foreigners extended their net buying to a fourth straight session, while institutions shifted
Feb. 21, 2013