Most Popular
-
1
No plan to let doctors with foreign licenses practice here anytime soon: PM
-
2
Ador CEO's dismissal to be decided on last day of May
-
3
[Graphic News] Beer the most favored alcoholic drink by Koreans
-
4
Science Ministry expresses regret over Japan’s pressure on Naver
-
5
Haeundae Beach to become sand art museum in late May
-
6
Suzy, Park Bo-gum star in AI fantasy romance ‘Wonderland’
-
7
Medical professors set to take day off amid protracted walkouts by junior doctors
-
8
Hostilities get out of hand as YouTuber murders another outside courthouse
-
9
Police officer jumps barefoot into drainage tunnel to save man
-
10
Lee Sun-kyun's posthumuous film to hit theaters in August
-
‘Galileo thermometers’ said not Galileo’s
Galileo didn’t invent a colorful, iconic thermometer that bears his name, a chemistry professor at a South African university says in a U.S journal.Peter Loyson of the Nelson Mandela Metropolitan University says so-called “Galilean thermometers” are sealed tubes of liquid in which glass spheres float and sink with changes in ambient temperature.However, Loyson says in an article in the American Chemicals Society’s Journal of Chemical Education, although Galileo may have originated the idea in a
TechnologySept. 6, 2012
-
‘Bad Piggies’ is ‘Angry Birds’ follow-up
ESPOO (UPI) -- Rovio, the Finnish maker of “Angry Birds,” has announced a follow-up starring the popular video game’s villains, dubbing it “Bad Piggies.”The company’s “Angry Birds” game has seen re-releases in different formats and extra level packs, but a game featuring the piggish bad guys of “Angry Birds‘ might not seem on obvious choice.”We consider this the launch of a new franchise [rather than a sequel].“ Rovio Vice President Petri Jarvileh told the business magazine Fast Company.Game-pla
TechnologySept. 6, 2012
-
Voyager I poised to leave solar system
NASA's Voyager I space probe, launched 35 years ago, is about to leave the solar system and enter interstellar space, scientists say.The spacecraft has detected two changes in the surrounding expanse of empty space around it, exactly as scientist expected it to, before it enters interstellar space, The Register Web site reported Wednesday.This artists rendering provided by NASA shows This image sh
TechnologySept. 6, 2012
-
Korea's economic growth cools down to 0.3 percent in Q2
The South Korean economy grew at a slower pace than previously estimated in the second quarter on weaker facility and construction investment, the central bank said Thursday, cementing market expectations for a rate cut this month. South Korea's gross domestic product (GDP), the broadest measure of economic performance, grew a revised 0.3 percent in the April-June period from three months earlier,
Sept. 6, 2012
-
Galaxy S3 outsells iPhone 4S in U.S.
Samsung Electronics Co.’s Galaxy S3 overtook Apple Inc.’s iPhone 4S in the U.S. smartphone market in August for the first time since the Apple gadget was released, a report showed Wednesday.“We believe this is the first month since the iPhone 4S launched in October 2011 that it was not the top-selling smartphone in the U.S. market,” said T. Michael Walkley, an analyst at Canaccord Genuity, in a report for U.S. technology review site CNET. Sales figures were not disclosed. The Galaxy S3’s emergen
TechnologySept. 5, 2012
-
New policies buckle down on buckling up
All passengers in taxis and inter-city and express buses must wear seatbelts from Nov. 24, the Ministry of Land, Transport and Maritime Affairs announced Wednesday.Under the newly revised regulation, the driver must inform the passengers to put seatbelts on and check if they have done so before departure. Passengers including pregnant women, patients and those who cannot wear seatbelts for other physical reasons, such as obesity, will be excluded from the regulation. Local buses will not be affe
Sept. 5, 2012
-
Hyundai Motor, Oilbank, KB Financial team up to support typhoon victims
Some conglomerates and financial groups rolled up their sleeves to support those who are victims of the typhoons that recently hit the nation.Hyundai Motor Group chairman Chung Mong-koo donated 3 billion won ($2.6 million) on Tuesday to an association helping disaster victims.The donated money will be spent aiding the victims of typhoons Bolaven and Tembin, which battered the nation’s west and southwest late last month, company officials said.In addition, the automaker plans to purchase fruits a
Sept. 5, 2012
-
Shares dip 1.74% on stimulus disappointment
Korean stocks closed 1.74 percent lower on Wednesday, as no signs of policy actions in the eurozone prompted investors to scurry to unload shares, analysts said. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index retreated 33.10 points to finish at 1,874.03. Trading volume was heavy at 602.3 million shares worth 4.62 trillion won ($4.07 billion) with decliners far outstripping advancers 580 to 240. “The KOSPI has fared well since its upward tr
Sept. 5, 2012
-
Korea ranks 19th in global competitiveness
Korea this year moved up five notches in terms of its global competitiveness from a year earlier, helped by improvements in the country’s welfare and education systems, as well as its market efficiency, a report showed Wednesday.According to the annual report by the World Economic Forum, the country’s competitiveness index moved up to 19th place of the 144 countries studied this year. The WEF, a Geneva-based independent organization, releases the report every year based on surveys of business le
Sept. 5, 2012
-
Foreigners’ net stock purchases hit record high
Foreign investors’ purchase of local stocks hit a record monthly high in August, as fears over the debt-mired eurozone waned and expectations for economic stimulus ran high, the financial regulator said Wednesday. Overseas investors bought a net 6.6 trillion won ($5.82 billion) worth of local equities last month, surpassing the previous record of 6.2 trillion won posted in January this year, according to the Financial Supervisory Service. Their shareholdings reached 383.9 trillion won as of the
Sept. 5, 2012
-
Korea’s FX reserves hit new high in Aug.
Korea’s foreign reserves rose to a fresh high in August as investment profit gained and a weaker dollar boosted the conversion value of non-dollar assets, the central bank said Wednesday.The country’s foreign reserves reached $316.88 billion as of the end of August, up $2.53 billion from the previous month, according to the Bank of Korea.The foreign reserves’ previous record high came in April when they hit $316.84 billion. In July, the BOK increased its gold holdings to 70.4 tons, its first pur
Sept. 5, 2012
-
FSS in talks with SC Bank over high dividends
The nation’s financial watchdog is currently in talks with Standard Chartered Bank Korea over the reduction of the bank’s planned payments of a high dividend of about 200 billion won to Standard Chartered Korea, officials said on Wednesday. Of the dividend, Standard Chartered Korea is expected to remit about 150 billion won to the headquarters in the U.K, according to industry sources. The payout ratio would reach almost 80 percent for SC Bank considering that its net profit in the first half th
Sept. 5, 2012
-
Korea’s GDP growth ranked 107th in world last year: CIA
South Korea’s GDP growth ranked 107th in the world last year and eighth among OECD countries, according to the CIA’s The World Factbook on Wednesday. The nation’s GDP growth marked 3.6 percent last year. Qatar topped the list of countries with GDP growth of 18.8 percent, followed by Mongolia (17.3 percent), Turkmenistan (14.7 percent), Ghana (13.6 percent), East Timor (10.6 percent), Panama (10.6 percent) and Iraq (9.9 percent). Among developed countries, Turkey came in first with GDP growth of
Sept. 5, 2012
-
Korea too dependent on Samsung, Hyundai Motor
Nokia-like failure may undermine overall economy: economistThe Korean economy holds a critically risky factor as it has been heavily dependent upon the two largest conglomerates ― Samsung and Hyundai Motor, economists say.Their worries and skeptical view over the nation’s economic structure revolve around the fact that earnings of Samsung Group and Hyundai Motor Group account for a great portion of the nation’s gross domestic product.The economy of Finland was led to “falter” due to its flagship
IndustrySept. 5, 2012
-
Samsung takes OLED technology theft fight against LG to next round
The battle surrounding OLED technology theft between tech giants Samsung Display and LG Display is entering another round as Samsung recently filed an injunction against its rival in Seoul.According to legal circles, Samsung filed an injunction against LG at the Seoul Central District Court, claiming that its competitor needed to take responsibility for attempting to steal its core organic light-emitting diode display technology.The battle takes place as both companies are currently working on d
TechnologySept. 5, 2012
-
Minister pledges support against business-bashing by politicians
Top 30 conglomerates promise expansion of investment and jobsKnowledge Economy Minister Hong Suk-woo pledged Wednesday to help business activities of the nation’s major business groups not to be affected by the current political disputes over “economic democratization,” or efforts to promote balanced growth and prevent abuse of economic power. “Ahead of the presidential election at the end of this year, discussions related to economic democratization underway in the political circles can hamper
IndustrySept. 5, 2012
-
Apple consulted Samsung, LG phones before iPhone release: documents
Apple Inc. consulted the designs of mobile phones made by Samsung Electronics Co. and LG Electronics Inc., documents showed Wednesday, giving a new twist to the high-stakes patent war between the world‘s two biggest smartphone makers.Samsung and Apple have been embroiled in patent lawsuits spanning four continents as part of efforts to dominate the $219 billion global smartphone market. While courtroom battles are still in process, an Aug. 24 jury verdict in the United States dealt a blow to the
TechnologySept. 5, 2012
-
LG, Pantech set to release new LTE devices in U.S. market
Korean handset makers LG Electronics Inc. and Pantech Corp. said Wednesday they plan to introduce new smartphones that operate on the fourth-generation Long-Term Evolution network in the U.S. market within this month. LG is set to release its 5-inch Intuition via Verizon Wireless starting Sept. 6, while Pantech plans to roll out its 4.3-inch Flex via AT&T on Sept. 16, the companies said in separate press releases. As part of efforts to better cater to local users, LG said it added the “LG Tag+”
TechnologySept. 5, 2012
-
Samsung, LG, Sony shine at Berlin show
IFA needs reinvigoration to meet increasing expectations: expertsJam-packed with visitors on its opening day, the Internationale Funkausstellung appears to be a success largely thanks to the three Asian tech giants of Samsung Electronics, LG Electronics and Sony showcasing their smart and mobile devices and appliances with unique designs and features.Samsung highlighted its all-new Galaxy Note 2 at an unveiling event, where it also featured Windows 8 phones that stole Nokia’s thunder as the Finn
TechnologySept. 5, 2012
-
Kakao to launch content platform: Lee
CEO says integration of mobile and social networking inevitable requirements for growthFlexibility and speed are key to innovation in the mobile technology market.These management traits are essential to keep Kakao creative and responsive to the unpredictable and rapidly changing mobile market, Lee Jae-beom, CEO of the mobile communication venture tech firm, told The Korea Herald.The company’s Kakao Talk is one example that became a worldwide hit with over 50 million users through fast decision-
TechnologySept. 5, 2012