Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Woman gets suspended term for injuring boyfriend with knife
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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Samsung chief bolsters ties with Germany’s Zeiss
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KT launches new mobile plans for foreign residents
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‘AFoCO to help drive global green growth’
Minister Lee says Korea’s successful forest rehabilitation will be shared through the global organizationThe establishment of the Asian Forest Cooperation Organization, or AFoCO, was made in accordance with the agreement between the governments of Korea and the member states of Association of Southeast Asian Nations on forest cooperation. Minister Lee Don-koo of the Korea Forest Service expressed that “the milestone of successful rehabilitation of Korea’s degraded land will be shared with the wo
Aug. 12, 2012
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Study: Men equally affectionate as wives
A study by the University of Texas found husbands and wives are equally romantic, but they express their feelings in different ways.Researchers at the university interviewed 168 couples at four points in their marriage, Britain‘s The Daily Telegraph reported Saturday.Husbands and wives were questioned separately about how close and attached they felt to their partners, as well as a number of questions about each other’s behavior over the past 24 hours.Researchers found wives “seem to show love b
TechnologyAug. 12, 2012
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Study: Eyes tell the story on sex arousal
(123rf)Researchers at Cornell University in New York say they have developed a less intrusive method of determining whether someone is sexually aroused. While most previous work on what turns people on has involved measuring their genital responses, Gerulf Rieger, a researcher at Cornell, said measuring dilation or widening of the pupil in the eye can achieve the same goal, HealthDay reports. In f
TechnologyAug. 12, 2012
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Baby's, toddler's diets linked to IQ
(MCT)Australian researchers found children given a healthy diet up to age 24 months had a higher IQ when tested at age 8. Dr. Lisa Smithers of the University of Adelaide and colleagues studied 7,000 children compared a range of dietary patterns, including traditional and contemporary home-prepared food, ready-prepared baby foods, breastfeeding and 'discretionary' or junk foods on children from bir
TechnologyAug. 11, 2012
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Producer prices fall for 1st time in 32 months
Korea’s producer prices declined for the first time in nearly three years in July on falling oil costs, the central bank said Friday, pointing to easing pressure on consumer inflation in Asia’s fourth-largest economy.The producer price index, a barometer of future consumer inflation, fell 0.1 percent in July from a year earlier, a turnaround from a 0.8 percent on-year gain in June, according to the Bank of Korea.The July figure marks the first decline since November 2009 when such prices decline
Aug. 10, 2012
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New tax bill perturbs financial firms
Wealthy people and financial firms, especially credit card companies and life insurers, will suffer a blow from a revised tax bill announced Wednesday that imposes higher taxes on financial incomes and reduces the number of tax-free financial products.Immediate annuities, a major cash cow for life insurers, will no longer be tax-free under the revised bill starting next year amid criticism that they were being used by the rich as a means of tax avoidance. Those who keep the immediate annuity con
Aug. 10, 2012
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Shares rises on stimulus hopes
Korean stocks closed marginally higher on Friday, as investors held onto an anticipation that major central banks will roll out a set of stimulus measures to boost economic growth, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index rose 5.81 points to finish at 1,946.40. Trading volume was moderate at 320.8 million shares worth 4.0 trillion won ($3.54 billion) with gainers outpacing losers 410 to 373. “The gains were capped as the KOSPI
Aug. 10, 2012
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KT to change operating system to block hacking
KT, the country’s biggest fixed-line service provider, announced Friday a package of measures designed to better protect the personal data of its consumers following its recent massive data leak incident.Pyo Hyun-myung, president of the mobile business unit at KT, said it will introduce a new system that enables its customers to make confirm the history of their personal information inquiries by the year end.He also said that it will change its current sales operation system to one that blocks h
IndustryAug. 10, 2012
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More than 1 million visit SKT pavilion at Yeosu Expo
SK Telecom’s pavilion for the Yeosu Expo has attracted more than 1 million visitors since it opened in May, company officials said.The officials said the pavilion received its 1 millionth visitor Friday, two days before the Expo ends its three-month run in the southern coastal area on Sunday.Expo organizers expect the number of visitors to reach 8 million as targeted by the organizing committee. Bureau International des Expositions secretary-general Vincete Gonzalez Loscertales called the exposi
TechnologyAug. 10, 2012
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Renault Samsung pushes for downsizing
Money-losing carmaker starts voluntary redundancy program for first timeRenault Samsung, the Korean unit of French automotive group Renault S.A., is pushing for downsizing in a desperate effort to overcome its financial difficulties caused by its long sluggish sales in Korea.The carmaker said Friday that it began accepting applications for early retirement from its employees as part of its 2012 “revival” plan.It is the first time that Renault Samsung has implemented a redundancy program since t
IndustryAug. 10, 2012
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Seoul shares rises 0.30 percent on stimulus hopes
South Korean stocks closed marginally higher on Friday, as investors held onto an anticipation that major central banks will roll out a set of stimulus measures to boost economic growth, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.81 points to finish at 1,946.40. Trading volume was moderate at 320.8 million shares wo
Aug. 10, 2012
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Soft robot mimics earthworm movement
U.S. researchers say they‘ve developed a “soft” robot that inches along like an earthworm and can keep working even after taking a pounding from a hammer.Scientists at the Massachusetts Institute of Technology, Harvard University and Seoul National University have engineered a soft autonomous robot that moves across surfaces by contracting segments of its body, a process called peristalsis.Such a soft robot could be useful for navigating rough terrain or squeezing through tight spaces, MIT mecha
TechnologyAug. 10, 2012
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Android rules global sales of smartphones in Q2: data
About two-thirds of smartphones shipped globally in the second quarter ran on Google Inc.’s Android platform, data showed Thursday, further cementing its dominance over other operating system.Shipments of Android-powered smartphones totaled 104.8 million units in the April-June period, more than doubling from 50.8 million units the previous year, according to the data by market intelligence firm International Data Corporation.That translates into the Android platform powering 68.1 percent of sma
TechnologyAug. 9, 2012
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Hanwha Chemical to acquire German solar cell maker
Hanwha Chemical Corp., a key affiliate of Hanwha Group, is currently in the final stage of capping the acquisition deal of Germany’s Q-Cells SE, once the world’s No. 1 holder of the global solar-cell and module market share, industry sources said. Some Hanwha Group officials were quoted as saying Thursday that should there be no other extraordinary circumstances, Hanwha Chemical will be prioritized in the bid as soon as next week and take over the German solar energy firm as early as next month.
IndustryAug. 9, 2012
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SK Telecom, CJ form IT, content partnership
SK Telecom and CJ Group have formed a partnership to collaborate on providing convergence services for IT and cultural content amid the rising use of smart devices.Korea’s largest telecom company said that it will closely work with Korea’s leading food and entertainment conglomerate in the areas of marketing and distribution of mobile content.Both sides will be able to benefit from SK Telecom having solid telecommunication networks with over 27 million users, and CJ holding a vast portfolio of e
TechnologyAug. 9, 2012
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Seoul court defers ruling on Samsung, Apple patent fight
The outcome in Korea of a patent fight between global IT behemoths Samsung Electronics and Apple Inc. will be heard at a Seoul court on Aug. 24.The Seoul Central District Court said Thursday it will announce the outcome of the intellectual property rights dispute between the two electronics firms in about two weeks, canceling the ruling which was supposed to take place this Friday.“We’ve decided to announce the ruling at a later date to further work on the ruling statement,” said a court officia
IndustryAug. 9, 2012
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Shares jump on foreign buying
Korean stocks closed 1.96 percent higher Thursday on strong foreign buying fed by optimism over a global economic recovery, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index shot up 37.33 points to 1,907.13. Trading volume was moderate at 483.1 million shares worth 6.32 trillion won ($5.60 billion) with advancers outstripping decliners 592 to 234. “Foreigners snapped up blue chips. China’s steady consumer prices and hopes for further
Aug. 9, 2012
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Korean Air demands plastic surgery clinic alter uniform
Korean Air has demanded a plastic surgery clinic change the design of its staff’s uniform, claiming that it closely resembles that of its flight attendants.The nation’s flag carrier said it sent a certified letter on Tuesday to the medical clinic in Gangnam, southern Seoul, indicating that it could bring the matter to court for design patent theft. “The uniform really accounts for the brand image of a company, and they (the clinic) have plagiarized our design against the protective law on design
Aug. 9, 2012
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LG chairman offers 500m won to Yang
LG Group said Thursday that its chairman Koo Bon-moo will deliver 500 million won ($444,225) to gymnastics gold medalist Yang Hak-seon as soon as he comes back from London.The group said that the chairman decided to offer the funding to Yang, a 20-year-old gymnast who won the gold medal in men’s vault on Monday, so he could fully concentrate on sports.“The funding was given to encourage the gymnast as he still persevered to win the gold with his strong will and training despite his family’s diff
IndustryAug. 9, 2012
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KCC to strengthen supervision of three major telecom firms
Korea Communications Commission said Thursday that it will strengthen its supervision and management of the country’s three telecom companies ― SK Telecom, KT and LG Uplus ― to further prevent personal data and information leaks.Its announcement came after KT, Korea’s second largest mobile carrier, was found to have had its system breached by a hacker, a company telemarketing agent, last month.KCC, the country’s broadcasting and telecom watchdog, has launched a team of inspectors to probe KT, wh
TechnologyAug. 9, 2012