Most Popular
-
1
Is S. Korea dangerous for women?
-
2
S. Korea holds rare military parade, warns NK against nuclear attack
-
3
Seoul prepares for first major military parade in ten years
-
4
Do professors in Korea have too much power over students?
-
5
Opposition leader Lee attends arrest warrant hearing at Seoul court
-
6
Young swimmer enjoys self-fulfilling prophecy in gold medal-winning race
-
7
S. Korean fencer Oh Sang-uk wins gold in men's individual sabre
-
8
[Herald Interview] S&P economist tells Korea to brace for worst-case scenario with China
-
9
[KH Explains] Lotte goes all-out to secure cash amid lackluster earnings
-
10
Lee Jae-myung's arrest reprieve emboldens opposition fightback
-
Google introduces measures for disabled Web users
Google Korea introduced in Seoul on Tuesday the company’s efforts to make the Web accessible to everyone.“The work we do on accessibility is to make the information accessible to everyone ― seniors like your grandfathers and grandmothers, users who are blind and those who have hearing impairments,” said Google Inc. research scientist T.V. Raman at a press conference in Seoul.According to figures r
TechnologyJune 14, 2011
-
GNP still divided over TV ad sales bill
Failure of bill passage would likely damage smaller broadcasters: expertsAttention is being paid to the parliamentary passage of the controversial advertising broker bill as the National Assembly committee dealing with the issue is due to open its general meeting later this month.The opposition Democratic Party said Monday it decided to go with having a single advertising broker for public televis
TechnologyJune 14, 2011
-
IMF bars Fischer from race for top job
IndustryJune 14, 2011
-
Disgruntled iMac users may seek class action
An alleged defect occurring in Apple Inc.’s iMac computers appears likely to lead to a class suit against the IT giant. According to industry sources, Apple Inc.’s iMac computers can develop blots on the monitor under certain circumstances.The company had at first provided free replacements for products that have developed the problem, but has since stopped such services, claiming that the cause o
TechnologyJune 14, 2011
-
Regulator vetoes KDB’s bid for Woori
Korea's top financial regulator said Tuesday it is not desirable for KDB Financial Group Inc. to bid for state-run Woori Finance Holdings Co., raising the chances that the much-awaited sale of the group will hit a snag.Korea announced a road map for the sale of state-run Woori Finance, the country's No. 2 banking group, on May 17, after it suspended the deal worth around $6 billion to sell its 56.
June 14, 2011
-
Gandhi's 'face' found on Google Mars
An Italian named Matteo Ianneo claims to have found a mound on Mars that looks like a the face of Mahatma Gandhi, Space.com reported.He is one of space enthusiasts who are looking for interesting objects using Google Mars, a new online map pieced together from satellite images of the Red Planet.In the past few weeks he claims to have found vegetation, entrances to underground tunnels and city ruin
TechnologyJune 14, 2011
-
Full-timers in 50s become the most active workforce
The portion of the workforce in their 50s has frequently exceeded that in their 30s in the past two years, as the country quickly becomes an aging society.Statistics Korea said Monday that the number of baby boomers working in their 50s had exceeded the number of workers in their 30s four times since October 2009, when the older group outnumbered the younger workers for the first time. The proport
June 13, 2011
-
Hanwha, Merck sign license deal on biosimilar drug
Hanwha Chemical Corp., the country’s leading petrochemical firm, said on Monday it has reached a license agreement worth $720 million for its arthritis biosimilar with Merck Sharp & Dohme Research Ltd., a subsidiary of U.S. drugmaker Merck & Co.Under the deal, the two companies plan to develop and commercialize the drug candidate named HD 203 together. Merck secures its sales rights in all countri
IndustryJune 13, 2011
-
Korea Aerospace Industries celebrates its first export
Korea Aerospace Industries on Monday held a reception marking the export of its T-50 trainer jets to Indonesia.The T-50 is the country’s first supersonic jet developed in collaboration with the U.S. defense giant Lockheed Martin. The project took 2 trillion won ($1.8 billion) and 13 years to produce the T-50. T-50. (Korea Aerospace Industries)Under the $400 million contract, signed last month, wi
IndustryJune 13, 2011
-
Foreign carmakers’ market share rises to 6.5%
Foreign carmakers saw their combined market share in Korea climb by 1 percentage point over the past year.They captured 6.5 percent of the local market with sales of 42,700 vehicles between January and May, up from 5.5 percent with 34,318 units during the corresponding period of last year.In May, the foreign carmakers posted 6.8 percent market share by selling 8,777 units, according to the automot
MobilityJune 13, 2011
-
Korea ramps up efforts to detect offshore tax evaders
Korea is stepping up efforts to ferret out people and businesses engaged in offshore tax evasion schemes by directly investigating foreign financial accounts, the tax office said Monday.The National Tax Service said it will carry out the investigations in cooperation with tax authorities in foreign countries that have been cited for becoming tax havens for Korean nationals and companies. Individua
June 13, 2011
-
Market competition crucial for curbing inflation: minister
Korea needs to boost market competition further in order to fight high inflation, the biggest headache for the economy, the top economic policymaker said Monday.The remarks by Finance Minister Bahk Jae-wan come as South Korea is struggling with high inflation. The country’s consumer prices surged 4.1 percent on-year in May, hovering above the 4 percent level for five months running and well above
June 13, 2011
-
FSC faces hurdle over Woori sale
Opposition party against revising law on financial holding firmsThe sale of state-run Woori Financial Group faces a significant showdown this week as to whether financial authorities can gain the momentum needed to push for the revision of laws on financial holding companies.The Financial Services Commission is considering proposing a revision to a bill allowing a financial group to own another fi
June 13, 2011
-
Samsung Electronics, SKT most favored workplaces
Samsung Electronics and SK Telecom were picked as the best companies for people to work in a survey released by an economic consulting firm on Monday.The Korea Management Association Consultant said Samsung Electronics received the highest marks in manufacturing and SKT was rated No. 1 in service providers when selecting the top company to work for in Korea in a survey answered by 5,214 people.Sam
IndustryJune 13, 2011
-
POSCO’s China subsidiary completes plant expansion
Zhangjiagang Pohang Stainless Steel, a China-based stainless steel subsidiary of POSCO, on Monday completed the facility expansion project that pushes up its annual production capacity to 1 million metric tons.Located in Zhangjiagang, Jiangsu Province, Zhangjiagang Pohang Stainless Steel or ZPSS is 82.5 percent held by POSCO. The remaining 17.5 percent is held by China’s Shagang Group. POSCO also
IndustryJune 13, 2011
-
LGE commits to basics, quality
Electronics maker pledges further greenhouse gas emission cuts, labor rights promotionLG Electronics vice chairman and CEO Koo Bon-joon called for the electronics maker to commit to the basics in its sixth sustainability report issued last month, the Seoul-based company said on Monday.“The most important principle for a company to maintain its sustainability is essentially to secure competence in
IndustryJune 13, 2011
-
Machinery orders drop in Japan
Japan’s machinery orders fell for the first time in four months in April, an indication that companies are reluctant to spend after the March 11 earthquake and tsunami. Factory orders declined 3.3 percent in April from March, when they rose 1 percent, the Cabinet Office said Monday in Tokyo. Orders, an indicator of capital spending in three to six months, were projected to increase 1.7 percent, ac
IndustryJune 13, 2011
-
Rooftop garden soothes patients
Cancer center offers respite, spiritual oasis for the sickHACKENSACK, New Jersey ― For just a moment, patients can forget they’re in a cancer center.The Manhattan skyline offers a spectacular background for lush boxwoods, vibrant flowers, and the herbs and vegetables growing in the rooftop garden at the John Theurer Cancer Center at the Hackensack University Medical Center.The garden, outside a gl
TechnologyJune 13, 2011
-
Scientists find genes linked to migraines
Scientists have uncovered a trio of genes tied to migraine headaches, including one in which the link is exclusive to women, according to a study published Sunday. Migraines are acutely debilitating headaches -- sometimes with an "aura", in which patients have the impression of seeing through frosted glass -- that strike up to 20 percent of the population. Scientists describe the condition,
TechnologyJune 13, 2011
-
Roubini says ‘Perfect Storm’ may threaten global economy
June 13 (Bloomberg) -- A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.There’s a one-in-three chance the factors will combine to stunt growth from 2013, Roubini said in a June 11 interview in Singapore. Other possible outcomes are “anemic but
June 13, 2011