Most Popular
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Seoul transit pass for travelers to be available starting July
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Controversy rekindled over when to name criminals, suspects
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[Weekender] Pet food makers bet big on ‘recession-free’ pet food market
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N. Korea says to deploy new multiple rocket launcher starting this year
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[Drama Tour] Romantic trip to ‘Queen of Tears’ filming spots
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Battery makers ramp up efforts to diversify graphite supply chain
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‘Monk’ DJ spreading Buddhism goes global
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Hybe-Ador CEO conflict gets messier
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Buddha's birthday lantern parade to light up Seoul
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[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
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Dry eye syndrome
Tears do not only express sad emotions, but are essential to maintain healthy eyes. When there is not enough tear production, or when the components of the tears are not normal, discomfort in the eyes can occur. This can include a prickling sensation, feeling of a foreign substance in the eyes, a burning sensation, or production of sticky sleep. Sometimes, patients complain of a feeling of drying out of the eyes. These uncomfortable sensations are associated with long hours of computer use, and
TechnologyNov. 29, 2012
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Successful organ transplant sparks change in donation law
In response to a successful organ transplant for a 6-year-old girl, four additional organs will be added to the transplant list starting next month.The Ministry of Health and Welfare drew up revised legislation on organ transplants and it passed the Cabinet meeting on Tuesday.Doctors will be able to transplant the stomach, duodenum, colon and spleen legally after the revision takes effect next month, on the condition that they are transplanted simultaneously with the small intestine. Before the
TechnologyNov. 29, 2012
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SMBA supports SMEs’ innovative design
The following is an introduction of some of the firms that participated in a joint program to support small and medium-sized companies pushed by the Small and Medium Business Administration (SMBA) and the Korea Institute of Design Promotion.The program included support for training employees, improving product design, conducting overseas marketing research, searching for buyers and participating in overseas exhibitions for the SME sector.The centerpiece of the program was helping SMEs redesign t
Nov. 29, 2012
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HSBC mulls shutdown of retail banking in S. Korea
HSBC Holdings Plc. is considering pulling its retail banking out of South Korea, industry sources said Thursday. The British banking giant has apparently been looking into closing down the retail banking section, after its botched attempt to sell 11 local branches to state-run KDB Financial Group Inc. in July, according to the sources and the Financial Services Commission. “We’re looking at all available options,” a HSBC spokeswoman said over the phone. She declined to elaborate further on the m
Nov. 29, 2012
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Daewoo E&C to resume its operations in Libya
Daewoo Engineering & Construction Co., a major South Korean shipbuilder, said Thursday that it will resume its operations in Libya following a suspension due to its civil war.The move came as the builder has successfully checked the facilities at a thermal power plant being built in the eastern Libyan city of Benghazi, a former rebel stronghold during an uprising-turned-civil war last year that resulted in the killing of Libyan leader Moammar Gadhafi.Daewoo E&C said its seven construction sites
Nov. 29, 2012
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Hyundai-led group wins $630m order from Uruguay
A South Korean consortium led by Hyundai Engineering & Construction Co. has won a $630 million deal to build a power plant in Uruguay, the local builder said Thursday. Under the contract with Usinasy Trasmisiones Electricas, Uruguay’s state-owned power company, the consortium will build a 530-megawatt thermal power plant in Punta del Tigre, about 40 kilometers west of the capital city, Montevideo, according to South Korea’s top builder Hyundai Engineering. The consortium will complete the power
IndustryNov. 29, 2012
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LG promotes high-performing execs
LG Group on Thursday conducted the second round of its personnel reshuffling which included the replacement of a couple of long-timers in a move reflecting the company’s shifting focus to performance and a younger generation of executives. At LG Display, executive vice president Han Sang-beom was promoted to president and CEO for helping the company achieve No. 1 status in the world 3-D television market. In the third quarter, Han led the company into the black after eight quarters of deficits.
IndustryNov. 29, 2012
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Shares soar 1.15% on U.S. budget hopes
South Korean stocks rallied 1.15 percent on Thursday as investor sentiment was lifted by hopes that U.S. politicians are inching closer to an agreement to avoid a budget crisis, analysts said. The local currency gained against the U.S. dollar.The benchmark Korea Composite Stock Price Index jumped 22.07 points to 1,934.85. Trading volume was moderate at 382.2 million shares worth 4.77 trillion won ($4.4 billion), with gainers far outnumbering decliners 536 to 271.“The market has been reacting sen
Nov. 29, 2012
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Kia to get tax benefits in Georgia State
The U.S. state of Georgia will provide Kia Motors with tax benefits for the coming 16 years, in reflection of the carmaker’s major contribution to the regional economy, company officials said on Thursday.Kia Motors, which operates manufacturing plants in West Point, Georgia, recently signed a pact on mutual investment with five municipal governments in the state.The pact features reduction and exemption of a variety of taxes between 2013 and 2029 and fiscal support from the local governments for
IndustryNov. 29, 2012
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U.K. court to hear Samsung claim on Apple violation
Samsung Electronics will argue Apple Inc. smartphones use its protected technology without authorization in a London trial starting Thursday. Samsung claims Apple infringed patents key to how phones send and receive information on third-generation mobile networks. Apple argues the patents aren’t valid and, regardless, Samsung must license the technology’s use under fair terms if it’s vital for connecting to modern networks, according to the iPhone maker’s court filings. The two companies continu
IndustryNov. 29, 2012
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Samsung Electronics, partners discuss shared-growth plan
Samsung Electronics officials discussed next year’s shared-growth plan with its partners at Sungkyunkwan University’s Suwon campus on Thursday, the company said.High-ranking Samsung officials and about 450 first- and second-tier subsidiary firms of the tech giant assessed their business-to-business communication and difficulties in operation. “In this time of great challenge, calls for change and communication are key for strengthening corporate competitiveness,” Samsung Electronics’s co-prosper
Nov. 29, 2012
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Samsung Techwin probed over gun parts
Samsung Techwin is facing a barrage of criticism following a recent investigation by the prosecution on allegations that the company was installing used parts for assembling critical artillery weapons. On Thursday, the special investigation team of the Changwon district prosecutor’s office raided the manufacturing plants of Samsung Techwin that produce K-9 guns, and also the Defense Agency for Technology and Quality.The investigation, requested by of the Board of Audit and Inspection, was based
IndustryNov. 29, 2012
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Hyundai, Kia unveil new cars at L.A. motor show
South Korean automakers Hyundai Motor Co. and Kia Motors Corp. said Thursday that they have premiered a new concept car and showcased new models at a U.S. auto show in a bid to strengthen their presence in the world’s second-biggest market.Hyundai said it unveiled its Veloster C3 concept for the first time at the 2012 Los Angeles International Auto Show that runs through Dec. 9.The new Veloster concept is a three-door convertible with Hyundai’s gamma 1.6-liter turbocharged gasoline direct inject
MobilityNov. 29, 2012
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Daewoo Shipbuilding offers jobs to high school graduates
Daewoo Shipbuilding & Marine Engineering, the nation’s second biggest shipbuilder, is developing a different model for recruitment of high school graduates in Korea by running a corporate university. The company started inviting high school graduates to apply to the DSME Heavy Industries Academy on Monday. The academy was established in Geoje, South Gyeongsang Province last year, where the shipbuilder’s headquarters is located. It is not common for a Korean company to set up a corporate universi
Nov. 29, 2012
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BMW Korea to nurture future scientists
BMW Korea unveiled Thursday a new program aimed at offering science education to children and nurturing their dreams. The Junior Campus program will start next month, benchmarking one of the programs of BMW Group’s Welt, a multi-functional customer experience and exhibition facility in Munich. BMW Korea Future Fund, the first social contribution organization set up by a foreign carmaker here, will be responsible for operating the program. It is the first time the BMW program will be carried out
MobilityNov. 29, 2012
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LG fridges recognized in U.S.
LG Electronics said Thursday it is aggressively moving to gain a bigger share in the U.S. home appliance market with refrigerators that have been deemed environmentally sustainable.The company said that it has become the first major Korean appliance manufacturer to be certified by the CSA Group to meet the industry’s Sustainability Standard for Household Refrigeration Appliances.A total of nine of its refrigerators, including the well-known French Door models and LG ThinQ “smart” models, have me
IndustryNov. 29, 2012
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Cellphone addiction called pathological
Cellphone addiction shows similarities to compulsive buying and credit card misuse, a study by marketing researchers at Baylor University in Texas found.Addiction to cellphones and to text messaging are driven by materialism and impulsiveness and can be compared to other consumption pathologies, the researchers said."Cellphones are a part of our consumer culture," Baylor marketing Professor James Roberts said. "They are not just a consumer tool, but are used as a status symbol. They're also erod
TechnologyNov. 29, 2012
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Japan mobile phone will monitor skin condition
TOKYO (AFP) -- A mobile phone that monitors the user’s skin condition, checking for blemishes and colour, was unveiled in beauty-conscious Japan on Thursday.The “Hada Memori” (skin memory) programme allows women to keep tabs on their complexion and track changes over time by storing records in the cloud.Users can also share their data through social networking sites, said IT giant Fujitsu, which plans to use the information to target advertising of beauty products.A spokeswoman said the skin sys
TechnologyNov. 29, 2012
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NASA warns on negative impact of 2012 doomsday rumors
NASA scientists on Wednesday attempted to squash rumors that the world is coming to an end on Dec. 21, and warned of negative effects deriving from such fears.“There is no true issue here. This is just a manufactured fantasy,” said NASA’s astrobiologist David Morrison during a NASA Google+ Hangout event. “While this is a joke to some people and a mystery to others, there is a core of people who are truly concerned.”According to a report on the Livescience website, Morrison and other NASA officia
TechnologyNov. 29, 2012
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S. Korea delays scheduled launch of space rocket
South Korea's third attempt to send a space rocket from its own soil was again pushed back Thursday due to problems in the upper second-stage rocket of the Korea Space Launch Vehicle-1.When the launch will be possible was to be determined later, according to Cho Yul-rae, vice minister for science and technology."Abnormal signals from the thrust vector system of the upper (second) stage rocket of Naro have been detected," he told a press briefing.Thrust vectoring refers to the ability of an aircr
TechnologyNov. 29, 2012