Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Medical reform committee kicks off despite boycott from doctors
-
3
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
4
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
5
DP leader says he will meet Yoon without conditions
-
6
Over 9,000 hotline calls made by stalking victims in 2023
-
7
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
-
8
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
9
Monthly users on local streaming platforms outpace Netflix, Disney+
-
10
US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
-
Dongbu, Homeplus ‘poor’ on shared growth
Five more companies rated at bottom on shared-growth indexSeven big enterprises paid relatively little attention to “shared growth” with subcontractors, according an index released on Thursday by the presidential panel on shared growth.They were Dongbu Corp., Hanjin Heavy Industries & Construction, Hyundai Mipo Dockyard, Homeplus, Hyosung, LG Uplus Corp. and STX Offshore & Shipbuilding, according to the Commission of Shared Growth for Large and Small Companies.In the commission’s first unveiling
IndustryMay 10, 2012
-
Korea to grow 3.2% in 2012: KERI
South Korea’s economy is expected to grow 3.2 percent in 2012 in the face of persistent eurozone woes and uncertainties surrounding the U.S. and Chinese markets, a local think tank said Wednesday.The prediction made by the Korea Economic Research Institute is lower than the government’s official growth target of 3.7 percent set for this year, and 3.5 percent growth forecast made by the country’s central bank. The research arm of the Federation of Korean Industries, the leading business lobby, ad
May 10, 2012
-
EU woes grip global, Korean economies: Minister Bahk
Growing concern over Europe’s debt problems is fueling global market uncertainties that are affecting South Korea’s economy, a senior economic policymaker said Thursday.In a weekly meeting of top economic officials, Finance Minister Bahk Jae-wan said political developments in some European countries are exerting a negative impact on the international financial market. “Developments are raising market volatility and influencing foreign exchange rates,” he said. He added that a slowdown in China’s
May 10, 2012
-
Samsung buys U.S. cloud service provider mSpot
Samsung Electronics Co., the world’s largest mobile phone and memory chip manufacturer, said Thursday that it has acquired a U.S. cloud service provider to strengthen its mobile entertainment business.Samsung said it has taken over California-based mSpot Inc. that provides music, movies and radio content to mobile users. The U.S. company located in Palo Alto also has ties with many major telecommunication service providers in the United States that could benefit Samsung.Samsung said that it has
TechnologyMay 10, 2012
-
BOK freezes key rate for 11th month in a row
The Bank of Korea on Thursday froze the benchmark interest rate for May for the 11th consecutive month, as widely expected, citing persistent fiscal woes in Europe and slow economic recovery at home. The BOK monetary policy committee unanimously agreed to keep the key seven-day repurchase rate unchanged at 3.25 percent, BOK governor Kim Choong-soo said. The decision came as the pace of Korea’s economic growth weakened, with consumption and investment dipping while exports maintained sound levels
May 10, 2012
-
Samsung to launch ‘premium’ OLED TV in second half
Company executive says OLED TV will be priced at over $9,458Samsung Electronics said Thursday it will launch the 55-inch premium OLED in Korea in the latter half of this year, pricing it at over 10.8 million won (about $9,500).In an event dubbed “2012 Samsung Premium TV Showcase,” the company said it will roll out the premium organic light-emitting diode TV set here and then release it in the U.S. and Europe.“We will launch the OLED TV here within this year,” said Kim Hyun-suk, executive vice pr
IndustryMay 10, 2012
-
Carmakers seek tie-ups with IT giants
Partnerships include Hyundai-Samsung, Kia-SKT and Renault-POSCO ICTCarmakers are signing business tie-ups with information and communication technology giants amid growing demand for high-end auto components.Among them are Kia Motors-SK Telecom and Renault Samsung Motors-POSCO ICT. Hyundai Motor and Samsung Electronics have reportedly been in talks for an alliance.Renault Samsung said Thursday that it signed a memorandum of understanding on establishing infrastructure for commercializing electri
MobilityMay 10, 2012
-
Shares down on European debt woes
South Korean stocks closed 0.27 percent lower Thursday as election results renewed European debt concerns and caused U.S. stocks to fall in overnight trading, analysts said. The local currency fell against the U.S. dollar.The benchmark KOSPI lost 5.36 points to 1,944.93, in the second straight session of decline.Trading volume was light at 404 million shares worth 4.36 trillion won ($4.29 billion), with losers outpacing gainers 431 to 389.U.S. stocks, which exert considerable influence on the KO
May 10, 2012
-
Willstech offers energy management solutions
Willstech, a privately held Korean tech firm, will provide enterprise energy management software in Korea.The company said in a press release that it has secured a contract with Joulex to launch the private U.S. firm’s energy management system services for Korean businesses.Joulex’s software allows companies to save and efficiently manage energy from the use of various network-connected IT devices, Willstech said.It added that Joulex’s smart energy manager systems can help save up to 40 to 60 pe
TechnologyMay 10, 2012
-
Korea Trademark Association, EUCCK oppose ‘plain packaging’
The Intellectual Property Centre at the European Union Chamber of Commerce in Korea expressed deep concern over the New Zealand government’s decision to prohibit the use of trademarks and logos on tobacco packaging. “We would like to call for a careful consideration of the potentially harmful consequences of such a measure,” the center said in a statement. “The IP Center at EUCCK strongly advocates for the full enjoyment and protection of trademarks and other registered intellectual property in
IndustryMay 10, 2012
-
Saudi Arabia to ease rules for Korean builders
Korea and Saudi Arabia have agreed to exempt Korean builders from business restrictions for them to enter the 70 trillion won ($60 billion) housing market of the Middle Eastern country, officials said Thursday. Land, Transport and Maritime Affairs Minister Kwon Do-yeop met Saudi Arabia’s Housing Minister Shuwaish Al-Duwaihi in Seoul on the day to confirm the agreement tentatively made during summit talks in February. Despite their strong presence globally, Korean construction firms have not been
IndustryMay 10, 2012
-
Korea, Chile sign forestry agreement
Accord expected to help diversify Korea’s wood importsSouth Korea and Chile signed on Wednesday a memorandum of understanding on cooperation in forestry, in commemoration of their 50th year of diplomatic ties. Korea Forestry Service’s Minister Lee Don-koo and Chile’s Agriculture Minister Luis Mayol signed the MOU at Grand Hilton Hotel in Hongeun-dong, central Seoul. The pact promises cooperation in forestry including development and investment in forestry resources, manufacture and trade of fore
IndustryMay 10, 2012
-
‘Inventive’ attractions in store for Expo visitors
As the Yeosu Expo kicks off this weekend, foreign delegations, tourists or even local visitors may wonder what they should see.Wonder no further. As the Expo organizing committee has said numerous times, just relax and let the hundreds of guides and officials take you to attractions and pavilions where you can learn about the present and future industry and technology of marine and green science.If you are still concerned, perhaps some of these suggestions can help ease the burden. First, the Ex
May 10, 2012
-
Expo a boon for South Jeolla, governor says
Park says easing traffic jams in Yeosu is key to expo’s successThe Expo 2012 Yeosu has been an opportunity to expand infrastructure in the underdeveloped southern coastal area and could make the region a Northeast Asian center of marine tourism. Themed “Living Ocean and Coast,” the 93-day world fair will help people recognize the potential of the ocean as the future source of food and energy, said Park Joon-yung, governor of South Jeolla Province.“The Expo is one of the world’s three major inter
May 10, 2012
-
‘Yeosu ready to greet visitors from around the world’
Chief organizer Kang assures fun, convenience at three-month world fair opening SaturdayThe Expo 2012 Yeosu is finally set to kick off Saturday in the southern coastal town after years of preparation by the organizing committee and central and local governments.In addition to the KTX bullet train and cruise ships from Japan and China, new high-speed roads and bridges connecting Yeosu to the Seoul metropolitan area, South Gyeongsang Province and the western part of South Jeolla Province have been
May 10, 2012
-
Elevator security officials donate talents
Korea Elevator Safety Institute did volunteer work on Wednesday at Suwon Bohun Nursing Home in Gyeonggi Province. KESI announced on Thursday that 30 of its employees, including chief Gong Chang-seok, visited the nursing home for the event “We are all happy if elevators are healthy.” The group checked the security of the elevators installed at the nursing home and gave foot massages to the patients, took them for walks and served food. KESI also provided financial support. “The paradigm of volun
IndustryMay 10, 2012
-
11 habits that send diet plans awry
With unusually hot weather signaling an early end to spring, many women are taking up weight loss regimes, getting ready to show off slender figures in summer.According to business group CJ, the women’s weight-loss market is worth around 200 billion won ($175 million) a year. However, many fail in their attempts to shed a few kilograms. Here are 11 reasons suggested by Fox News and other news outlets as to why people stumble on their way to a slimmer figure. 1. You eat the wrong food: Many peop
TechnologyMay 10, 2012
-
Boys make up majority of ADHD patients
About 80 percent of those under-18s diagnosed with attention deficit/hyperactivity disorder are boys, requiring more than six months of treatment, the Health Insurance Review and Assessment said Wednesday. According to analysis, the number of young people diagnosed with ADHD amounted to 57,000 in 2011, up from 48,000 in 2007. About 80 percent were boys and 68.2 percent were between the ages of 7 and 13. ADHD symptoms include difficulty staying focused and paying attention, difficulty controlling
TechnologyMay 10, 2012
-
Children should not wear makeup: officials
The Korea Food and Drug Administration asks that children refrain from wearing makeup because some substances can trigger skin troubles at a very early age. “Children tend to have more vulnerable skin than grownups. Their skin also absorbs makeup materials more than that of grownups. Therefore, itchiness, rash and some other dermatological troubles may occur,” said Kim Young-ok, a KFDA official. The agency also said children should refrain from having manicures. Instead, they should wear sunscre
TechnologyMay 10, 2012
-
Breast cancer is rare in men, but they fare worse
CHICAGO (AP) ― Men rarely get breast cancer, but those who do often don’t survive as long as women, largely because they don’t even realize they can get it and are slow to recognize the warning signs, researchers say.On average, women with breast cancer lived two years longer than men in the biggest study yet of the disease in males.The study found that men’s breast tumors were larger at diagnosis, more advanced and more likely to have spread to other parts of the body. Men were also diagnosed l
TechnologyMay 10, 2012