Most Popular
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Probe of first lady on Dior bag allegations set to begin
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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South Korea open to Indonesian proposal to cut KF-21 payments
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Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
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Police seek arrest warrant for med student who killed girlfriend
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Coupang earnings hit hard by losses from ailing Farfetch
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[K-pop’s dilemma] Time, profit pressures work against originality
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Man stabs woman and her son amid financial dispute, killing 1
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Apple iPhone 5 praised for speed, faulted on maps by reviewers
Apple’s iPhone 5 drew accolades from technology-gadget critics, who praised the smartphone’s lightweight body design, bigger screen and swifter data-download speeds even as some faulted its mapping tools.The iPhone 5, which is scheduled to reach stores Sept. 21, is the best smartphone on the market, map-software flaws aside, according to Walt Mossberg of the Wall Street Journal. Ed Baig of USA Today said the device keeps Apple ahead of rivals such as Samsung Electronics Co., and Rich Jaroslovsky
TechnologySept. 21, 2012
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Apple cuts LCD supply from Samsung Display
Workers clean the rooftop of a building near an Apple Store that started selling its new iPad tablet computers on July 20 in Shanghai. (AP-Yonhap News)Apple Inc. has been scaling back purchases of liquid crystal display (LCD) panels for tablet computers from Samsung Display Co., data showed Friday, amid speculation the iPhone maker is trying to rely less on the affiliate of its archrival Samsung E
TechnologySept. 21, 2012
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S. Korean airlines agree to cut greenhouse gas emissions
South Korea's air carriers have again agreed to reduce their greenhouse gas emissions as part of national efforts to fight climate change, the government said Friday.The voluntary agreement is the third of its kind signed by the country's seven airlines, including flag carriers Korean Air and Asiana Airlines, according to the Ministry of Land, Transport and Maritime Affairs."Under the first agreem
IndustrySept. 21, 2012
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IMF cuts 2012 growth estimate for S. Korea to 3 percent
The International Monetary Fund (IMF) cut its 2012 growth estimate for South Korea to 3 percent on Thursday, citing the heightened eurozone crisis as a major risk factor.In June it forecast Asia's fourth-largest economy would grow 3.25 percent. But the IMF said South Korea's economy is likely to hit the bottom soon and called for preparations for raising interest rates. "The Korean economy is slow
Sept. 21, 2012
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Samsung to bring iPhone 5 to U.S. court
Samsung Electronics plans to add Apple Inc.’s latest smartphone iPhone 5 to the list of devices targeted in its patent lawsuits with the U.S. tech giant.Samsung officials in Seoul said on Thursday that the company had submitted a document to the U.S. District Court for the Northern District of California, which states its plan to include iPhone 5 in the ongoing suit against Apple.In the motion, Samsung said that based on currently available information, it believes the new smartphone will infrin
TechnologySept. 20, 2012
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Mathematician’s solution a conundrum in itself
Since claiming to solve a 27-year-old mathematical conundrum, Kyoto University professor Shinichi Mochizuki has let his papers do the talking. The four papers he uploaded to the Internet on Aug. 29 amount to what he says is a 500-page proof of the “abc conjecture,” which describes a relationship between whole numbers. However, in the several weeks since the upload, he has declined to talk publicly about them.Mochizuki has pedigree on his side. He is highly regarded in his field with many other p
TechnologySept. 20, 2012
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Samsung’s war on excessive drinking
Samsung Group, the country’s largest conglomerate, has stepped up efforts to stamp out a corporate culture of excessive drinking common in Korea.The group said that it has launched an in-house campaign across its subsidiaries in a bid to discourage binge drinking, forced drinking or other harmful types of drinking to promote a healthy workplace environment.This comes months after Samsung cleared out all ashtrays inside and outside its buildings to promote a “No Smoking” atmosphere, even telling
IndustrySept. 20, 2012
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Bowel problems in the fall season
There are various causes of bowel problems so it is important to assess the progression of symptoms first. Sudden onset of fever, abdominal pain and diarrhea and occasional bloody feces may indicate acute gastroenteritis or bacterial dysentery. Abdominal pain, diarrhea and vomiting are suggestive of food poisoning. Chronic repetition of abdominal pain and diarrhea without fever and vomiting may indicate irritable bowel syndrome. Simple pain around the navel may indicate constipation or somatizat
TechnologySept. 20, 2012
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Fat location an indicator of Type 2 diabetes, study says
DALLAS ― More and more Americans are becoming obese, but not all fat is equal, say researchers at the University of Texas Southwestern Medical Center.Their study, published Tuesday in the Journal of the American Medical Association, found that certain obese patients were more likely to develop Type 2 diabetes, but that a person’s overall weight was not the deciding factor.The greatest risk to developing diabetes was having fat stored inside the abdomen, nestling around the internal organs.“Visce
TechnologySept. 20, 2012
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Ssangyong E&C wins orders from Iraq
South Korean builder Ssangyong Engineering & Construction Co. said Thursday it has won an order from Iraq. Under a deal with the Kurdistan regional government, Ssangyong E&C will build a water treatment plant and transmission and storage facilities in the cities of Halabja and Sulaymaniah in Iraq’s self-ruled northern Kurdish region under a project financed by the Japan International Cooperation Agency, the company said. The company is scheduled to receive 45 billion won ($40 million) as an adva
IndustrySept. 20, 2012
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Four in 10 exporters eye export rebound in late 2013
Four out of 10 South Korean exporting companies expect their faltering exports stemming from a slowdown in China and Europe to bounce back as early as the second half of next year, a poll showed Thursday. According to the survey of 500 exporters by the Korea Chamber of Commerce and Industry, 40 percent of the respondents said their sluggish overseas shipments will begin to recover in the second half of 2013. Another 17.2 percent expected their exports to rebound from the second half of 2014. “Ex
Sept. 20, 2012
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International air passenger traffic hits new high in Aug.
South Korea’s international air passenger traffic surged to a new monthly high last month on a spike in visitors to and from Japan and China, the Transportation Ministry said Thursday.The number of international passengers to and from South Korea jumped 11.6 percent from a year earlier to 4.72 million in August, according to the Ministry of Land, Transport and Maritime Affairs.The August tally marks a new monthly record. The previous record of 4.34 million passengers was set only the previous mo
Sept. 20, 2012
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Shares down 0.87% on weak China data
South Korean stocks closed 0.87 percent lower on Thursday as concerns over China’s weak manufacturing data weighed on investor sentiment here, analysts said. The local currency dropped against the U.S. dollar. The benchmark Korea Composite Stock Price Index fell 17.55 points to 1,990.33. Trading volume was heavy at 612.4 million shares worth 5.28 trillion won ($4.7 billion), with decliners outnumbering gainers 461 to 366.“The market expects the Chinese economy to make a turnaround. However, this
Sept. 20, 2012
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KT to make electric vehicle communication system
KT said that it has been chosen to build an information and communications system for electric vehicles in Korea.The state-run Korea Environment Corp. selected the country’s second-largest telecom company to establish infrastructure that can support KECO to operate an EV transportation system, including recharging of the eco-friendly automobiles.KT plans to use advanced software, and WCDMA and radio-frequency identification networking technologies for the establishment of the EV communication sy
TechnologySept. 20, 2012
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Hanwha Life focuses on customer satisfaction
Hanwha Life Insurance, which recently changed its name from Korea Life Insurance, is seeking to hone an image as a youthful, vigorous company that offers customized services. Hanwha Group changed its insurance subsidy’s name in July, 10 years after it acquired the insurer, with the aim of creating a uniform brand image. All subsidies of the group are now named Hanwha. Revamped, the insurer vowed to improve the Home Visit Service, which was first introduced by the company in 2007. By visiting tho
IndustrySept. 20, 2012
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Herald Ecofarm set to pioneer organic market
Chef mixes organic fruit juices with invigorating herbsFresh fruit juice is sold in almost all cafes these days as people place more emphasis on their health, but organic fruit juice is still extremely rare.Only around 1 percent of Korea’s fruit and vegetable produce is organic, according to the National Agricultural Products Quality Management Service.Herald Ecofarm, a food business affiliated with Herald Corporation, is getting ready to pioneer the organic juice market with healthy products th
IndustrySept. 20, 2012
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Korea sees massive inflows of foreign capital
Global investors’ holding of local stocks to hit record high of W500trForeigners recently became net buyers of Korean stocks amid policies of the U.S. and European Union to boost the regional and global economies.Data released by the Financial Supervisory Service showed that foreign investors have bought local stocks and bonds worth a net 40.3 trillion won ($35.9 billion) so far this year.Their net buying of bonds and shares came to 15.3 trillion won and 25 trillion won, respectively, between Ja
Sept. 20, 2012
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Meteor impact may have started Ice Ages
(123rf)A huge meteor striking Earth 2.5 million years ago may have generated a massive tsunami and plunged the world into the Ice Ages, Australian researchers suggest.Scientists at the University of New South Wales say because the meteor -- more than a mile across - crashed into deep water in the southern Pacific Ocean, most researchers have discounted its potential for catastrophic impacts on coa
TechnologySept. 20, 2012
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Seoul shares open lower on blue-chip losses
South Korean stocks opened lower on Thursday as shares lost ground across the board, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) fell 8.61 points, or 0.43 percent, to 1999.27 in the first 15 minutes of trading.Tech blue chips led the decline, with market behemoth Samsung Electronics falling 1.07 percent and its smaller rival LG Electronics losing 0.26 percent. Leading car
Sept. 20, 2012
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Koreans receive 0.24 spam messages a day
How many mobile phone spam texts do you receive a day? According to government data released on Wednesday, Koreans received an average of 0.24 spam messages per day during the first half of this year.The figure was a 42.9 percent drop from a year earlier and telecommunication officials said the fall came as a result of government and industry efforts to block junk messages.One of the measures the government has taken is to limit the number of forwarded messages to 500 a day.The data collected fr
Sept. 19, 2012