Most Popular
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'Super Rich in Korea' will leave viewers appreciating Korea more: producers
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Probe of first lady on Dior bag allegations set to begin
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Indonesia’s KF-21 fighter jet deal cut back -- what’s next?
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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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[KH Explains] Can tech firms' AI alliances take on Nvidia?
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Police seek arrest warrant for med student who killed girlfriend
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South Korea willing to accept Indonesian proposal for cutting KF-21 payments
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Local filmmakers criticize ‘The Roundup: Punishment’ monopoly of screens
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Kia Motors sees sales in China rise 1.7% in Aug.
HONG KONG (Yonhap News) ― Kia Motors Corp.’s sales in China rose 1.7 percent in August from a year earlier amid the country’s economic slowdown, an industry group said Friday. South Korea’s second-largest automaker sold 35,610 units in China last month, compared with 35,015 units in the same month of last year, according to the China Passenger Car Association.The figure was a 7.5-percent increase from 33,111 in July this year.In the first eight months of the year, Kia Motors sold 289,817 vehicle
Sept. 14, 2012
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GS Caltex sets up Chinese unit
GS Caltex Co., South Korea’s second-largest refiner, said Thursday it has set up a wholly owned subsidiary in China in an effort to build its presence in the world’s No. 2 economy. GS Caltex China, based in Beijing, is in charge of areas including lubricants, petroleum and petrochemicals, the refiner said in a press release. The refiner first opened a regional Beijing office in 2007 before recently making it a wholly owned subsidiary, and also opened an office in Shanghai in June this year. GS C
Sept. 14, 2012
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Darby seeks to tap NPS, Eximbank for Colombian infrastructure investment
Darby Overseas Investments is seeking to tap the National Pension Service, Korea’s pension fund, and the Export-Import Bank of Korea as its potential institutional investors for infrastructure in Colombia.The U.S. private equity is considering setting up its largest fund yet to invest in “segments” of Colombia’s $20 billion road project, which will be announced next week, Darby CEO Richard Frank told The Korea Herald.Darby has normally managed funds sized at around $300 million, and invests in i
Sept. 14, 2012
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Korea urges more investment from U.S.
Korea-U.S. Business Council appoints Qualcomm CEO Jacobs as chairmanThe Korean government expressed hopes on Friday for more investment from U.S. businesspeople, stressing that Seoul would grow as a gateway to many Asian countries.Korea’s Vice Finance Minister Shin Je-yoon made the request when he spoke before a meeting of Korean and U.S. business leaders in Seoul. “South Korea is not just geopolitically located near China and other Asian countries. In addition, it has signed a free trade agre
Sept. 14, 2012
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iPhone 5 carries Korean components
LG Display to see most benefit as iPhone parts supplier, analysts sayApple’s iPhone 5 may have failed to meet high expectations worldwide as it failed to boast any particularly surprising innovative features.Analysts are nonetheless coming out with rosy sales forecasts for Apple as the U.S. tech giant still has strongly loyal fans. Based on this, Korean components makers, especially LG Display, are also being highlighted as those that will benefit from supplying their parts for the smartphone.LG
TechnologySept. 14, 2012
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Gaming not just for kids
Adults make up large number of online multiplayer gamersComputer games were often considered strictly for kids. An adult staring mindlessly at a PC screen, slashing monsters and upgrading character levels would be looked down upon, if not ridiculed as a man-child. But as game-loving children turn into adolescents and then adults in their 20s, 30s and 40s, gaming transforms into a mainstream pastime, especially in South Korea where high-speed Internet connections are plentiful and a slew of cash-
TechnologySept. 14, 2012
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Gaming no longer child’s play
Computer games were often considered strictly for kids. An adult staring mindlessly at a PC screen, slashing monsters and upgrading character levels would be looked down upon, if not ridiculed as a man-child. But as game-loving children turn into adolescents and then adults in their 20s, 30s and 40s, gaming transforms into a mainstream pastime, especially in South Korea where high-speed Internet connections are plentiful and a slew of cash-rich game developers continue to produce one hit title a
TechnologySept. 14, 2012
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Guatemala volcano erupts outside tourist center
A long-simmering volcano exploded with a series of powerful eruptions outside one of Guatemala's most famous tourist attractions on Thursday, hurling thick clouds of ash nearly two miles (three kilometers) high, spewing rivers of lava down its flanks and prompting evacuation orders for more than 33,000 people from surrounding communities.Guatemala's head of emergency evacuations, Sergio Cabanas, s
TechnologySept. 14, 2012
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Poor spend bigger percentage on smoking
High cigarette taxes are effective at reducing cigarette smoking, but U.S. researchers say they disproportionally burden low-income smokers.Chief scientist Matthew Farrelly, senior director of RTI International‘s Public Health Policy Research Program, said the study showed low-income smokers in New York, which has the nation’s highest state cigarette tax at $4.35 per pack, spent nearly a quarter of their household income on cigarettes. Nationally, those with the lowest incomes spend about 14 per
Sept. 14, 2012
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CDC: 35.7 percent in U.S. obese
Thirty-three percent of U.S. adults age 20 and older are overweight, 35.7 percent are obese and 6.3 percent are extremely obese, researchers say.Cheryl D. Fryar, Margaret D. Carroll and Cynthia L. Ogden of the Division of Health and Nutrition Examination Surveys at the National Center for Health Statistics, part of the Centers for Disease Control and Prevention, used data from the 2009-2010 National Health and Nutrition Examination Survey.The data showed for adults age 20 and older an increase i
TechnologySept. 14, 2012
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S&P upgrades S. Korea's credit rating to 'A plus'
Global credit ratings agency Standard & Poor's said Friday that it has upgraded its sovereign credit rating for South Korea by one notch, citing reduced geopolitical risks stemming from North Korea. According to an e-mailed statement, S&P raised Korea's credit rating from "A" to "A plus," the fifth-highest level on its rating grade, and maintained its rating outlook for Asia's fourth-largest e
Sept. 14, 2012
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Planets not like Earth could harbor life
(123rf)Extreme forms of life could exist on eccentric planets outside the solar system with conditions unlike those on Earth, U.S. scientists say.Extreme exoplanets, from scorching hot worlds with molten surfaces to frigid ice balls, could maintain some form of life even though they don't inhabit a star's so-called habitable or "Goldilocks" zone, they said."When we're talking about a habitable pla
TechnologySept. 14, 2012
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Study: PCs being infected at the factory
Cybercriminals have gone further than ever -- even to the factory floor of PC makers -- to infect computers with malware, a U.S. study by Microsoft says.The study identified several computers carrying malware installed in the factory, including a virus dubbed Nitol that steals personal details to help criminals steal money from online bank accounts, the BBC reported Thursday.In a report describing its effort to disrupt a botnet of Nitol-infected computers, Microsoft said cybercriminals had taken
TechnologySept. 14, 2012
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Imported cosmetics prices highest in Korea: report
Imported cosmetics brands are selling their products at higher prices in Korea than in major overseas markets, with lipsticks showing an up to eight-fold difference in prices, a consumer advocacy group said Thursday. According to a recent survey by the Seoul YWCA, the cosmetics prices at Korean department stores were the highest among eight countries, including Japan, Australia, Italy, Germany, the U.S., the U.K. and France. Based on purchasing power parity among countries, Korea was selling cos
IndustrySept. 13, 2012
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Despite higher spec, iPhone 5 lacks innovation
Apple’s latest device would not be able to overtake Samsung phones, analysts say Apple’s long-awaited iPhone 5 has been unveiled to the world with mixed reviews.Some say the new smartphone does not offer any innovative features other than being thinner with a larger display than its previous model.Others highlight the iPhone 5’s faster Long Term Evolution wireless connectivity with an upgraded microprocessor and central processing unit.Weighing only 112 grams with a 4-inch touch screen, compared
TechnologySept. 13, 2012
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Cancer biggest cause of death in Korea
Cancer, cerebrovascular disease and heart problems claimed nearly half of all deaths in Korea last year, data showed on Thursday.According to figures released by Statistics Korea, a total of 257,396 people died last year, up 0.8 percent from the previous year.Cancer topped the list of the causes for death in 2011. The number of those who died of cancer was 142.8 per every 100,000 people. It was followed by celebrovascular disease (50.7 people) and heart problems (49.8 people). Suicides came in f
Sept. 13, 2012
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Average corporate board member pockets W850m; employee earns W57m
The average annual salary of registered board members at the nation’s top 100 companies amounted to 850 million won ($753,000) last year, data showed on Thursday.Employees at those companies received an average annual wage of 57 million won, the Financial Supervisory Service said in its report.The wage disparity was the highest in tech giant Samsung Electronics Co., where general employees received 78 million won on average last year, while board members each raked in 10.9 billion won, according
Sept. 13, 2012
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J-E Tech leads industry’s fight against dust
Technological prowess puts small Korean firm on global industry mapThe Korea Herald, in collaboration with the Korea Environmental Industry & Technology Institute, is presenting a series of articles introducing small but promising environmental tech firms. The following is the third installment. ― Ed. On the industrial battlefield, tiny dust particles can make a huge difference. They can chip away at employee productivity, optimal machine performance and even cause serious industrial accidents,
IndustrySept. 13, 2012
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Is hypotension a disease?
Is hypotension dangerous? There are several things about hypotension that many people believe to be true, but are actually urban myths. This is an example. It is possible that the medical state of “shock,” in other words, a rapid decline in the blood pressure with decreased function of the body organs ― which can be fatal ― has led to the mistaken belief that low blood pressure (hypotension) is dangerous. In cases of severe blood loss or cardiovascular malfunctions, the blood pressure decreases
TechnologySept. 13, 2012
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Review of studies casts doubt on benefits of omega-3 supplements
LOS ANGELES ― Is there something fishy going on with omega-3 fatty acids?For years, major health and medical organizations have recommended fish oil supplements rich in omega-3s to reduce the threat of heart disease. In Europe, where support is particularly enthusiastic, a doctor’s failure to recommend the supplements is viewed by some as bordering on malpractice.But several recent studies have raised questions about the benefits of fish oil, sparking no small amount of confusion. A report being
TechnologySept. 13, 2012