Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Fitch cuts Italy, Spain ratings over euro crisis
(AFP) -- Fitch cut its credit ratings on Italy and Spain Friday, citing the increasing pressure on them as the eurozone debt crisis makes efforts to stabilise their public finances even more difficult.The eurozone debt crisis has seen Greece, Ireland and Portugal all bailed out by the EU and Interna
Oct. 8, 2011
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Nonghyup spurns 4 trillion won support package proposal
SEOUL, Oct. 7 (Yonhap) -- The National Agricultural Cooperative Federation (NACF) on Friday said that it cannot accept a 4 trillion won (US$3.39 billion) support package proposal by the government, claiming that more money is necessary for the reform of the cooperative entity.Last month, the governm
Oct. 7, 2011
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Samsung, Micron to develop technique for high-performance memory chips
SEOUL, Oct. 7 (Yonhap) -- Samsung Electronics Co., the world's largest memory chipmaker, said Friday that it is teaming up with Micron Technology Inc. of the U.S. to develop technology to produce a high-performance memory chip.Samsung has formed a consortium with Micron Technology, the U.S.'s larges
TechnologyOct. 7, 2011
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Samsung profit beats forecasts
Company expects third-quarter profit at $3.5 billion, 12% up from second quarterSamsung Electronics on Friday expected its quarterly profit to exceed market forecasts on the back of brisk smartphone sales and a weak local currency. The world’s largest technology company said in a statement that prof
IndustryOct. 7, 2011
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Korea’s CDS premium jumps most in 32 months
The cost of insuring South Korea’s sovereign debt against default climbed the most in 32 months, growing two times faster than that of eurozone countries, data showed Friday.The credit default swap premium on South Korea’s foreign currency bonds with five-year maturities reached 220 basis points as
Oct. 7, 2011
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BOK head cuts economic growth forecast up to 2012
The South Korean economy is likely to grow at a slower pace than the central bank’s earlier forecast of 4.3 percent this year amid dimmer global economic outlooks, its chief said Friday.“The growth of the South Korean economy is expected to be lower than 4.3 percent this year, but it will be higher
Oct. 7, 2011
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IAEA workshop to discuss promotion of nuke power
The International Atomic Energy Agency’s workshop regarding public information on introducing new nuclear power plants will kick off in Seoul on Monday.The workshop organized by the Korea Nuclear Energy Promotion Agency will be held at Lotte Hotel World in Jamsil, southeastern Seoul until Friday.The
IndustryOct. 7, 2011
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Manpower named one of U.S.’ top staffing firms
The human resource services provider Manpower has been included in the Best of Staffing Talent list, the company said Friday.Compiled by the U.S.-based research firm Inavero Inc., the Best of Staffing Talent list includes staffing firms whose services are rated highly by job seekers. According to th
IndustryOct. 7, 2011
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Uncertainty still high over Lone Star-Hana deal on KEB
The Seoul High Court’s Thursday ruling that the ex-head of Lone Star Korea was guilty of manipulating stock prices cleared legal issues on the fund’s deal to sell its Korea Exchange Bank to Hana Financial Group. But uncertainty still lingers in the financial market as the U.S. buyout fund has yet to
Oct. 7, 2011
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S. Korea's CDS premium jumps most in 32 months
SEOUL, Oct. 7 (Yonhap) -- The cost of insuring South Korea's sovereign debt against default climbed the most in 32 months, growing two times faster than that of eurozone countries, data showed Friday.The credit default swap (CDS) premium on South Korea's foreign currency bonds with five-year maturit
Oct. 7, 2011
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Seoul shares open higher on eased European woes
SEOUL (Yonhap) -- South Korean stocks got off to a strong start on Friday, tracking overnight gains on Wall Street underpinned by a European Central Bank (ECB) plan to support the region's struggling lenders, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) jumped 49.68 points,
Oct. 7, 2011
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Samsung puts Q3 operating profit at 4.2 trillion won
SEOUL (Yonhap News) -- Samsung Electronics Co., the world's biggest maker of computer memory chips and the No. 2 mobile-phone maker, estimated Friday that it had logged an operating profit of 4.2 trillion won ($3.49 billion) in the third quarter.The preliminary estimate for the July-September period
IndustryOct. 7, 2011
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Artists talk how their designs changed the world
The third session of Herald Design Forum 2011, “Culture and Design,” kicked off with a keynote speech by Chung Joon-mo, curator and general director of the Cheongju International Craft Biennale 2011. He discussed the roles of curators and critics, and the role of art museums, galleries and exhibitio
Oct. 6, 2011
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FSC to order Lone Star to sell KEB shares
(Yonhap News)Regulator says sale terms will be decided laterThe Financial Services Commission said Thursday that it is considering ordering Lone Star Funds to sell 41.02 percent of its total 51.02 percent stake in Korea Exchange Bank.The regulator’s policy comes shortly after the Seoul High Court ru
Oct. 6, 2011
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Brain disease treatment through technology
We live in an era of technology innovation when many things only seen before in science fiction come true. Treatment of brain disease by delivering electrical pulses through an implanted device is one of those examples.Currently its application in clinical medicine, so-called neuromodulation, is bec
TechnologyOct. 6, 2011
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More than 1 in 10 parents skip, delay kids’ vaccinations
CHICAGO (AP) ― By age 6, children should have vaccinations against 14 diseases, in at least two dozen separate doses, the U.S. government advises. More than 1 in 10 parents reject that, refusing some shots or delaying others mainly because of safety concerns, a national survey found.Worries about va
TechnologyOct. 6, 2011
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COPD just as deadly as lung cancer
Best prevention is to avoid lung irritants, get ongoing careChronic obstructive pulmonary disease could be just as threatening as lung cancer or any other lung-related disease.According to Statistics Korea, 5,190 people died of COPD in 2010, an almost fourfold increase from 1991. The U.S. National H
TechnologyOct. 6, 2011
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Koreans offer condolences, praise Jobs’ legacy
The local IT scene on Thursday paid tribute to Apple founder and visionary Steve Jobs following the news of his death. The mastermind behind iMac, iPhone and iPad died from cancer aged 56, the California-based firm announced Thursday. The stock prices of Samsung Electronics, whose relationship with
IndustryOct. 6, 2011
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Cervical cancer virus fuels oral cancer
WASHINGTON (AP) ― A prolonged sore throat once was considered a cancer worry mainly for smokers and drinkers. Today there’s another risk: A sexually transmitted virus is fueling a rise in oral cancer.The HPV virus is best known for causing cervical cancer. But it can cause cancer in the upper throat
TechnologyOct. 6, 2011
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CDC: Miners, construction, food workers smoke most
ATLANTA (AP) ― Construction workers, miners and food service workers top the list of occupations that smoke the most, according to a new government report. Experts say it might have as much to do with lower education levels as the jobs themselves.“There may be other characteristics that are clusteri
TechnologyOct. 6, 2011