Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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Gasoline tops W2,000 per liter
‘Government reviewing sites for 8 more discount gas stations’The average gasoline price in Seoul’s 25 districts rose above 2,000 won per liter, according to the Korea National Oil Corporation Thursday.The average price of gasoline in Gangbuk-gu gas stations hit 2,000 won per liter as of Wednesday 5 p.m., joining other districts.Average gasoline prices in 19 Seoul districts went over 2,000 won per liter in early February. Gwangjin-gu (2,008 won), Dobong-gu (2,023 won), Dongdaemun-gu (2,019 won),
IndustryMarch 8, 2012
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Korean builders become top foreign players in Saudi Arabia
Korean companies clinched the largest amount of orders among foreign builders operating in Saudi Arabia last year on the back of their strong competitiveness, a local contractors association said Thursday.The International Contractors Association of Korea said companies such as Samsung C&T Corp. secured $16.6 billion worth of orders in 2011, or 23 percent of all building contracts signed.Total building contracts in the oil-rich Middle Eastern country hit $72 billion.“Excluding Saudi builders tha
March 8, 2012
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Premium chocolate on sale for White Day
See’s Candies Korea, a local unit of the San Francisco-based candy manufacturer, said it has launched a special offline promotion of its well-known chocolate brands to mark forthcoming White Day in the local market. See’s Candies is best known as one of the early investments bought by Warren Buffett and his Berkshire Hathaway Corp. in the early 1970s. The Korean affiliate said its chocolate and candies including Lollypops would be available at major department stores in Seoul at a special discou
IndustryMarch 8, 2012
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Hyundai Heavy reaches milestone
Hyundai Heavy Industries Co., Korea’s leading shipbuilder, said Thursday that the accumulated gross tonnage of ships it delivered surpassed the milestone 100 million mark, making it the first shipyard in the world to do so.The feat was achieved only 40 years after Hyundai Heavy entered the shipbuilding business in 1972, it said.Hyundai Heavy recorded 10 million gross tonnage of ships in terms of volume in 1986 and 50 million gross tonnage in 2002.So far, Hyundai Heavy has delivered a total of 1,
IndustryMarch 8, 2012
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Korean bakeries look to expand into overseas markets
Paris Baguette shows strong progress in China; Tous les Jours seeks success in Southeast AsiaLocal bakery chain rivals Paris Baguette and Tous les Jours are seeking to expand their international reach with their successful entry into overseas markets. Now they may avoid intense cross-street competition in Korea as they build up their global business in different regions. Paris Baguette, owned by food conglomerate SPC Group, is a big name in China where the company operates 74 stores, the first o
IndustryMarch 8, 2012
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A remedy for so much ― walking
I remember that Dr. Kim Kwang-won of the Diabetes Center of Samsung Seoul Hospital, where I currently work, said at a health lecture, “I could count on my finger tips the best treatment method for diabetes after studying diabetes for life. That’s exercise.”At the time, I slapped my knee in glee to get advice from an outstanding master of diabetes.This spring, I plan to recommend to nearly all I meet at my outpatient clinic that they walk 30 minutes a day. This is because I finally realized that
TechnologyMarch 8, 2012
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Doctors question effect of Google glasses on eyes
Have you ever imagined people walking along the street, digitally scanning and analyzing the information of their surroundings on the spot? This may become a reality as Google is expected to start selling eyeglasses that project information, entertainment and advertisements onto the lenses. According to the New York Times, the glasses are not designed to be worn constantly ― although Google engineers expect some users will wear them a lot ― but will be more like smartphones, used when needed, wi
TechnologyMarch 8, 2012
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How music therapy can reduce stress, ease pain
Expert suggests use of complementary alternative medicine in highly individualized wayDALLAS ― Judith Ritchie unlocked her office at the Sammons Cancer Center and carefully gathered the instruments that she determined would best serve her patients in the oncology unit.An American Indian flute. A plucked psaltery or lap harp.Ritchie, a certified music practitioner on the staff of Baylor University Medical Center at Dallas, fills doctors’ prescriptions to bring pain relief to patients with cancer.
TechnologyMarch 8, 2012
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Banks face heavy sanctions for irregular lending
FSS chief says it is time for households to cut spendingThe nation’s top financial regulator has vowed stern punitive action against banks engaged in irregular lending practices.Since he took office as chief of the Financial Supervisory Service on March 27, 2011, Gov. Kwon Hyouk-se has taken the initiative in conducting intensive inquiries into major banks for alleged business irregularities.The regulator’s full-fledged probe has been focused on the allegation that banks urged many individual an
March 8, 2012
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FSS chief says social responsibility required of foreign financial firms
The nation’s chief financial regulator said the foreign investment community needed to have a deeper engagement with charities and causes for their own business interests.“Corporate social responsibility has been a global response exiting the crisis,” Financial Supervisory Service Gov. Kwon Hyouk-se said in a recent interview with The Korea Herald.The FSS expects foreign financial institutions to contribute to the community as much as it expects from local companies, he said.He plans to comment
March 8, 2012
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Banks face heavy sanctions for irregular lending
Chief regulator says it is time for households to cut spendingThe nation’s top financial regulator has vowed stern punitive action against banks engaged in irregular lending practices.Since he took office as chief of the Financial Supervisory Service on March 27, 2011, Gov. Kwon Hyouk-se has taken t
March 8, 2012
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FSS chief says social responsibility required of foreign financial firms
The nation’s chief financial regulator said that foreign investment community needs to have a deeper engagement with charities and causes for their own business interests.“Corporate social responsibility has been a global response exiting the crisis,” Financial Supervisory Service Gov. Kwon Hyouk-se
March 8, 2012
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Antimatter atom measured for the first time
Scientists have succeeded in measuring an atom made of antimatter for the first time ever, marking a giant step toward finding out how universe is formed, livescience.com reported Wednesday.According to scientists all particles of matter have antimatter partners with equal mass and opposite charge. When the two parts meet, they destroy each other and become pure energy.However, measuring antimatter had been impossible since universe is made of matter. It is thought that the universe contained eq
TechnologyMarch 8, 2012
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Police say customer info of two major mobile carriers leaked
Police said Thursday that they have booked five workers of a company subcontracted by the country's two major mobile carriers for their suspected leaks of customers' personal and real-time location information in return for financial profits. The Seoul Metropolitan Police Agency said the workers, in
TechnologyMarch 8, 2012
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Seoul begins review for third space rocket launch
A panel of experts will start reviewing launch plans for the country’s first space rocket this week, which could help set a specific blastoff date, the government said Thursday.A review committee will hold its first meeting Friday after the Ministry of Education, Science and Technology filed its request for a launch late last month.The ministry said earlier that the launch, which will be the third of its kind, will likely take place before October. The first two launches of South Korea’s first l
TechnologyMarch 8, 2012
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Income gap widens in Korea
Income among the poorest people in South Korea grew at a slower pace than other income earners last year, further widening the overall wealth gap between the haves and have-nots, data showed Thursday.According to the data by Statistics Korea, those in the lowest 10 percent income bracket earned less than the equivalised disposable income of 643,000 won ($572.5) last year. The richest 10 percent earned at least 3.1 million won.Based on the results, the richest income earners made 4.82 times more
March 8, 2012
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Detection of radiation in Japanese fish on rise
Korea is more frequently finding radioactive materials in fishery products from Japan but has no immediate plans to ban imports as their levels are far below the maximum intake limits, the quarantine office said Thursday.In the first two months of the year, the country has detected traces of radioactive materials, such as cesium, in 32 separate shipments of fisheries products from Japan, according to the Animal, Plant and Fisheries Quarantine and Inspection Agency.The figure represents an over 5
March 8, 2012
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Earth braces for biggest space storm in five years
The biggest space weather storm in five years is hurtling toward Earth, threatening to disrupt power grids, GPS systems, satellites and airline flights, experts say. (Yonghap News) The brunt of the stor
TechnologyMarch 8, 2012
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World first: Images of atoms moving in a molecule
Laser-induced electron diffractionScientists on Wednesday said they had recorded the first real-time images of atoms moving in a molecule, a feat that captured movement lasting less than one millionth of a billionth of a second.The exploit entailed directing an ultra-fast laser onto molecules of nit
TechnologyMarch 8, 2012
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Ape genes show we have gorillas in our midst
Our ancestors made the evolutionary split with gorillas around 10 million years ago, but we still share a remarkable number of genes with the great ape, according to a groundbreaking study published on Wednesday. A worldwide consortium of scientists sequenced the genome of the western lowland gor
TechnologyMarch 8, 2012