Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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Army takes group action against Hybe for neglecting BTS
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Some junior doctors are returning: Health Ministry
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Naver will consider company benefits in deciding on selling Line shares: CEO
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Woman dangling from power lines rescued by residents holding blanket
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‘Gender of heirs apparent affects chaebol business’
The gender of heirs apparent can affect the business performance of local conglomerates, research found Sunday. Chaebul.com, a portal following the activities of larger companies, recently analyzed changes in business showings among the nation’s 20 biggest companies in which children of owners were
IndustrySept. 14, 2011
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Local firms play catch-up on social media
Facebook, Twitter, me2day prevail but firms lack two-way interactionsAmid the explosive popularity of mobile computing and new media, a growing number of Korean companies are hitching a ride on the wave of social networking services in one of the world’s most wired countries.Facebook, Twitter and me
IndustrySept. 14, 2011
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Youth obesity on rise for third year: report
SEOUL, Sept. 14 (Yonhap) -- Obesity rates among children and adolescents have steadily risen in the last three years, a report showed Wednesday, posing growing public health challenges.According to the education ministry report, 14.3 percent of elementary, middle and high school students nationwide
TechnologySept. 14, 2011
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ADB cuts China's economic growth estimate for this year
HONG KONG, Sept. 14 (Yonhap) -- The Asian Development Bank (ADB) said Wednesday it has cut its 2011 growth forecast for China, citing weak external demand from its key trading partners and the government's efforts to cool inflation.The regional lender trimmed its 2011 growth estimate for China to 9.
Sept. 14, 2011
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Apple agrees to revise iPhone repair, return policies in S. Korea
Apple Inc. agreed to amend the iPhone repair and return policies in South Korea in response to consumer complaints about its use of refurbished products, the country's antitrust watchdog said Wednesday.The Cupertino, California-based company will replace iPhones within 30 days of purchase with new p
TechnologySept. 14, 2011
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Kia Motors' sales in China jump in Aug.
HONG KONG, Sept. 14 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Wednesday its sales in China surged more than 40 percent in August as its new vehicles attracted young customers in the world's No. 1 automobile market.Kia Motors said it sold 37,748 units in August, up 40
Sept. 14, 2011
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Samsung to appeal German ban on Galaxy Tab this week
SEOUL, Sept. 14 (Yonhap) -- Samsung Electronics Co., the world's No. 2 mobile phone maker, said Wednesday that it will appeal this week a recent German court ruling to ban sales of its tablet computer. Last week, Samsung failed to overturn a German court's sales injunction on the Galaxy Tab won by A
TechnologySept. 14, 2011
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GE to repay Buffett for 2008 rescue
General Electric said Tuesday that it would pay billionaire Warren Buffett‘s company $3.3 billion, plus dividends, for the preferred shares he bought during the 2008 financial crisis.Buffett’s purchase of the preferred shares in October 2008 rescued GE in the depths of the crisis, when the company w
Sept. 14, 2011
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Facebook to organize friends in 'smart lists'
NEW YORK (AP) _ It's a modern-day dilemma: You really want your Facebook friends to see that wild party photo of you wearing bunny ears. But you're not so keen on explaining it to your mother-in-law. Well, Facebook aims to make life easier.Beginning Wednesday, the social network will make it easier
TechnologySept. 14, 2011
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Testosterone drop helps men do dad-duty: study
Men experience a drop in testosterone after the birth of their children, a phenomenon that may help them meet the challenges of caring for their offspring, said a study released on Monday.Testosterone is a hormone that fuels male sexuality, aggression and physical robustness, and is typically highes
TechnologySept. 14, 2011
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Census: U.S. poverty rate swells to nearly 1 in 6
WASHINGTON (AP) -- The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in more than two decades.The Census Bureau's an
Sept. 14, 2011
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Samsung Card to sell stake in affiliate Everland
Samsung Card Co., one of South Korea's leading credit card firms, said Wednesday it plans to sell part of its stake in its unlisted affiliate Samsung Everland Inc., the de facto holding company of Samsung Group.Samsung Card plans to sell a 20.64 percent stake in Samsung Everland and sent requests fo
IndustrySept. 14, 2011
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Scientists: Bacteria spreading in warming oceans
BRUSSELS (AP) -- Warning: The warming of the world's oceans can cause serious illness and may cost millions of euros (dollars) in health care.That is the alarm sounded in a paper released online Tuesday on the eve of a two-day conference in Brussels. (MCT)The 200-page paper is a synthesis of the fin
TechnologySept. 14, 2011
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Firms take more open approach to recruiting in H2
More companies focus on interviews in English, rather than results of written testsThe second-half recruitment drive of local firms has begun in earnest with many of the country’s largest firms including Samsung Group, Hyundai Motor Co. and KT Corp. opening applications.While there is nothing unusua
IndustrySept. 13, 2011
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Samsung files patent complaint against Apple in France
PARIS (AFP) ― South Korea’s Samsung Electronics said Monday it had filed a complaint in France against its U.S. rival Apple for infringement of three mobile phone technology patents in its iPhone and iPad tablet computers.“The complaint focuses on three technology patents, and not on the design of t
TechnologySept. 13, 2011
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POSCO to buy Pakistani steelmaker shares
POSCO, the world’s fourth-largest steel producer, is seeking to beef up its presence in South Asia by acquiring shares in a Pakistani steel company.The Korean steel giant said Tuesday it has clinched a deal with Al Tuwairqi Holding Co. of Saudi Arabia to buy a 15.34 percent stake in Tuwairqi Steel M
IndustrySept. 13, 2011
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Doosan Heavy wins desalination plant order from Saudi Arabia
Doosan Heavy Industries & Construction Co. has secured an $80 million deal to build a desalination plant in Saudi Arabia, the country’s leading power equipment maker announced Tuesday. Under the deal with Marafiq, a state-run utility, Doosan will set up a plant to produce 54,000 tons of fresh water
IndustrySept. 13, 2011
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KITA warns of email hacking scam
The Korea International Trade Association urged local trading companies on Tuesday to watch out for email scams as a growing number of hackers break into the firms’ email accounts to snatch money, taking advantage of online transactions.Hackers usually breach email accounts of staff members at a com
IndustrySept. 13, 2011
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Microsoft mulls Korea as site of new data center
Global software giant Microsoft Corp. said Tuesday it is looking into setting up a data center in Korea.Microsoft Korea said its country manager James Kim told Choi See-joong, chairman of the Korea Communications Commission, that he would strongly recommend establishing a data center for the Asian r
IndustrySept. 13, 2011
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Louis Vuitton opens first airport store
Incheon Airport expects opening to help attain goal of becoming No. 1 duty free stopLouis Vuitton on Saturday opened its first-ever airport store at Incheon International Airport in partnership with Shilla Duty Free.With the new opening of the 550-square-meter mega store, industry sources expected t
IndustrySept. 13, 2011