Most Popular
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No plan to let doctors with foreign licenses practice here anytime soon: PM
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Ador CEO's dismissal to be decided on last day of May
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[Graphic News] Beer the most favored alcoholic drink by Koreans
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Science Ministry expresses regret over Japan’s pressure on Naver
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Haeundae Beach to become sand art museum in late May
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Hostilities get out of hand as YouTuber murders another outside courthouse
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Medical professors set to take day off amid protracted walkouts by junior doctors
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Police officer jumps barefoot into drainage tunnel to save man
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Yoon interacts with public for 1st time since election defeat
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Lee Sun-kyun's posthumuous film to hit theaters in August
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Osteoporosis, a symptom-free disease
Osteoporosis is a “silent” bone disease because most people -- the disease affects 10 million U.S. adults -- are unaware of it until a fracture, an expert said.Dr. Khashayar Sakhaee, chief of the mineral metabolism division at the University of Texas Southwestern Medical Center in Dallas, said most often osteoporosis affects postmenopausal women who undergo a dramatic drop in estrogen -- a hormone that assists in the absorption of calcium and prevents calcium loss from the bone. However, the dis
TechnologyOct. 29, 2012
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Seoul shares open higher on improved U.S. data
South Korean stocks opened higher Monday as investor sentiment was boosted by the better-than-expected gross domestic product growth in the U.S. in the third quarter, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.58 percent, or 10.93 points, to 1,902.36 in the first 15 minutes of trading.Shares gathered ground across the board, with market bellwether Samsung Electronics Co. gaining 0.54 percent while top automaker Hyundai Motor Co. added 0.22 percent. Leading steel
Oct. 29, 2012
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Seoul likely to set new date for space rocket launch
South Korea will likely set a new date for the launch of its first space rocket Monday after a Russian-made defective part of the rocket made it impossible to send off the rocket last week, officials said.The Launch Preparation Committee was to be convened at 11 a.m. to decide when the launch of the Korea Space Launch Vehicle-1 (KSLV-1) will take place.The rocket, also known as Naro-1, was originally set to be launched Friday, but the launch was called off due to a broken rubber seal in the conn
TechnologyOct. 29, 2012
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SpaceX capsule completes successful first mission
The unmanned SpaceX capsule made a safe splashdown in the Pacific Sunday after successfully delivering its first commercial payload to the International Space Station.The capsule parachuted into the water at 1922 GMT after an 18-day mission to resupply the station and was now being recovered by a team of divers, US-based SpaceX said in a brief statement on its website. The mission -- the first of 12 planned trips in SpaceX's $1.6 billion contract with US space agency NASA -- is a milestone for A
TechnologyOct. 29, 2012
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Stronger won expected despite low growth
The Korean won is continuously appreciating against the U.S. dollar despite a series of gloomy indices over Korea’s economic growth for this year.Though growth of the nation’s gross domestic product stayed at 1.6 percent in the third quarter of the year, falling below 2 percent for the first time since the third quarter of 2009, the dollar continued to lose ground against the Korean currency.The dollar finally slid below 1,100 won last week after gradually losing value over the past few months ―
Oct. 28, 2012
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U.S. scientists make embryos with ...2 women, 1 man
NEW YORK (AP) ― Scientists in the U.S. have created embryos with genes from one man and two women, using a provocative technique that someday could be used to prevent babies from inheriting certain rare incurable diseases.The researchers at Oregon Health & Sciences University said they are not using the embryos to produce children, and it is not clear when or even if the technique will be put to use. But it has already stirred a debate over its risks and ethics in Britain, where scientists did s
TechnologyOct. 28, 2012
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Anti-aging compound discovered
Staying fit through exercising and dieting helps maintain health and prevent age-related diseases.However, many find it difficult to run a mile or two every day, or even regularly, as muscles and cells degenerate as they age.Scientists at Korea Advanced Institute of Science and Technology have discovered a compound that could boost people’s metabolism and possibly prevent diseases associated with aging such Parkinson’s and Alzheimer’s.A team led by professor Kim Dae-soo of KAIST’s department of
TechnologyOct. 28, 2012
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POSCO says talks to buy Arrium still under way
SYDNEY (Yonhap News) ― The Australian unit of South Korea’s top steelmaker POSCO is still in talks to buy Australian miner and steelmaker Arrium Ltd., which recently rejected a takeover offer, its head said.In early October, Arrium rebuffed a takeover bid by a consortium including POSCO Australia Pty and Noble Group Ltd. valued at A$1.01 billion ($1.04 billion).“The consortium continues to have talks with Arrium,” Shin Soo-cheol, managing-director of POSCO Australia, told reporters on Friday.“We
IndustryOct. 28, 2012
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Uljin nuclear reactor shuts down on malfunction
ULJIN (Yonhap News) ― A nuclear power generator in the southeast came to a halt early Sunday morning due to a problem related to its turbine control system, but no radioactive leak has been reported, its operators said.The Reactor-2 at Uljin Nuclear Power Plant in this southeastern region of the country automatically shut down at about 2:45 a.m., according to the operators. The reactor stopped after a problem was detected in a system designed to supply steam into turbines. That problem also forc
Oct. 28, 2012
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Makgeolli exports to Japan plunge amid chilled relations
Exports of South Korea’s traditional alcoholic beverage “makgeolli” to Japan dropped sharply during the first nine months of this year, apparently affected by chilled relations between the two countries, customs data showed Sunday.South Korea exported a total of 21,743 tons of makgeolli during the January-September period, down 28.6 percent from the same time a year earlier, showed the data by the Korea Customs Service. The exports were estimated at $27.36 million, which also marked a 28 percent
IndustryOct. 28, 2012
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Shares may gain ground this week
The South Korean stock market may gain ground this week, but advances are not likely to be large amid nagging concerns about the global economy, analysts said Saturday.The benchmark Korea Composite Stock Price Index finished at 1,891.43 this week, down 2.7 percent from a week earlier, beset by the eurozone debt problems and weak corporate earnings results.The KOSPI fell below the 1,900-point for the first time in more than one month Friday after the central bank said that Korea’s third-quarter g
Oct. 28, 2012
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Korea to log W20tr in fiscal deficit annually
South Korea will post about 20 trillion won ($18.2 billion) in fiscal deficit every year until 2016, a parliamentary office said Sunday, casting doubt over the government’s push to achieve a balanced budget in a couple of years.According to data provided by the National Assembly Budget Office, South Korea will post about 18.5 trillion won in fiscal deficit next year, far higher than the government’s deficit forecast of 4.8 trillion won.The larger-than-expected shortfalls come mainly from the off
Oct. 28, 2012
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Korea’s pension system lags overseas versions
South Korea’s retirement income system is among the worst in the world, according to data released by an Australian research center on Sunday. The Australian Center for Financial Studies’ October 2012 Melbourne Mercer Global Pension Index showed that Korea ranks 16th among 18 researched countries in terms of the retirement income system, marking an overall index value of 44.7. Denmark topped the list with 82.9 points. China came in 15th with 45.4 points, Japan 17th with 44.4 points and India 18t
Oct. 28, 2012
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Nongshim ordered to recall imported noodles in China
The Chinese government ordered a recall of six types of South Korean instant noodles Friday that were found to contain benzopyrene, a substance classified as a carcinogen.China’s General Administration of Quality Supervision, Inspection and Quarantine announced on its website that it had ordered importers to immediately recall the noodles. It also directed its affiliated agencies to strengthen inspections to keep the products out. “The KFDA confirmed the detection of benzopyrene in the six (type
IndustryOct. 28, 2012
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LG unveils 84-inch ultra-HD TV in the U.S.
LG Electronics has unveiled the world’s largest ultra-high-definition television in the U.S., aiming to penetrate the global HD television market. The Korean electronics giant held a launching ceremony for the 84-inch ultra HD television at electronics retailer Video & Audio Center in Los Angeles on Friday. “We took into account that California is the hub of entertainment and innovation,” the company said. LG’s new ultra HD product is equipped with a jumbo screen measuring 3.84 by 2.16 meters.
TechnologyOct. 28, 2012
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Korea fears quarterly contraction in Q4
With the Korean economy continuing to grow less than 1 percent on-quarter since the second quarter of last year, there are increasing predictions of a quarterly contraction of gross domestic product.International trade volumes have diminished as the world’s major economies slowed, dealing a blow to Korea’s exports and industrial production, the pivotal driving forces of its economy.Several institutions at home and abroad say Korea could post negative on-quarter growth in the last three months of
Oct. 28, 2012
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Toyota extends global lead over GM on quarterly gain
Toyota Motor Corp.’s worldwide sales grew 18 percent last quarter on U.S. demand for Camry sedans and Prius hybrids and helped Asia’s largest automaker expand its lead over General Motors Co., the global volume leader in 2011. Toyota delivered 2.43 million cars and trucks in the quarter that ended Sept. 30, including subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., up from 2.06 million a year ago, according to figures provided by Yurika Motoyoshi, a company spokeswoman, yesterday. Its sales
MobilityOct. 28, 2012
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U.S. auto industry buys into fuel economy rules
The U.S. government has set tough fuel economy standards for cars and trucks, and Detroit’s automakers couldn’t be happier.What mad world is this? The famously balky industry that once swore people could never afford cars with crazy technology like air bags has taken a leap of faith in its ability to invent and innovate.“They’re aggressive standards, but the industry wouldn’t have bought in if they weren’t achievable,” said Chris Theodore, engineering consultant and former Ford and Chrysler prod
IndustryOct. 28, 2012
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BMW 1 Series unrivaled in premium compact class
BMW’s 1 Series, launched back in 2004, has been leading the global market for premium compact vehicles. The first generation, ranging from hatchback styles to coupes and convertibles, has sold more than 1.5 million units globally. BMW Korea, the Korean unit of the German luxury carmaker, recently announced the arrival of the second generation 1 Series here. According to the carmaker, the new offering from BMW combines improved power and efficiency and also boasts an unrivalled amount of space, o
MobilityOct. 28, 2012
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S. Korea needs 10 more yrs to achieve $30,000 income
South Korea might need 10 more years to see its per-capita income exceed US$30,000 as an elongated low growth trend and other economic structural problems are dimming the overall outlooks, a private think tank said Sunday.South Korea's per-capita income seems to be "trapped" in the $20,000 range five years after it surpassed the mark for the first time in 2007, as the growth rate has remained stagnant over the past years, according to a report by the Hyundai Research Institute.From 2007 to 2011,
Oct. 28, 2012