Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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Med schools expect 1,500+ new admission slots next year
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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No sign of dispute-end at SC First Bank
SC First Bank and its labor union, staging the longest walkout in the industry, are increasingly under pressure to strike a deal to end the dispute after the fight resulted in its lowered credit rating and intense scrutiny from the regulator.About half of its 6,500 workforce has been on strike since June 27 to protest against the proposed introduction of a performance-based pay system. The bank wa
IndustryJuly 21, 2011
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Hyundai Steel looks to expand Japanese contracts
Hyundai Steel is pushing the drive to expand its presence in the Japanese market for steel plates for ships, with up to four new supply contracts looking likely to be closed during the second half of the year.The company, which began producing thick steel plates in April 2010, has been supplying thick plates to Japanese construction firms and machinery makers since September. According to the comp
IndustryJuly 21, 2011
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KCCI chief calls for deregulation, tax cuts
JEJU ― Korea should crank up efforts to ease regulations and cut taxes to up corporate competitiveness, said Sohn Kyung-shik, chairman of the Korea Chamber of Commerce & Industry.At a forum hosted by the country’s largest business lobby, Sohn called on the government to remain steadfast in its plan to lower corporate taxes to 20 percent from the current 22 percent starting next year. KCCI chairman
IndustryJuly 21, 2011
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‘BRICS, U.S. difference is in ideas’
Participants agreed that the mainstay of economic growth is leaning to emerging markets led by BRICs — Brazil, Russia, India and China — since a financial calamity in 2007.JEJU ― Leaders in the country’s business circle and academia underscored the significance of innovation and speed in surviving the rapidly changing economic environment. Around 600 business leaders, scholars and government offic
IndustryJuly 21, 2011
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Imported beef market widens
Imported red meat from Australia, the United States and Europe is enjoying a fast-increasing market share in Korea, benefiting from the huge loss of livestock here after the worst-ever foot-and-mouth disease outbreak in the past year.And competition in the imported beef market is set to become fiercer as Canada will soon resume its beef exports to Korea.Beef and pork from Australia and the United
IndustryJuly 21, 2011
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Seoul shares slip 0.46% on foreign selling
South Korean stocks ended 0.46 percent lower on Thursday, as foreign investors continued to sell amid persistent concerns related to the U.S. debt ceiling issue and the eurozone debt crisis, analysts said. The local currency climbed against the U.S. dollar.The benchmark Korea Composite Stock Price Index retreated 9.91 points to 2,145.04. Trading volume was moderate at 358.6 million shares worth 7.
July 21, 2011
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Manufacturers post net cash outflow in 2010
South Korean manufacturing companies chalked up a net cash outflow in 2010 as they revved up capital spending and securities investments, the central bank said Thursday.According to a survey of 6,778 manufacturers by the Bank of Korea, their average net cash outflow came to 248 million won ($235,000) last year, a turnaround from a net inflow of 1.01 billion won the previous year.“Last year, local
July 21, 2011
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20 percent of alcoholics are diabetic: study
Two out of every 10 alcoholics here suffer diabetes, too, recent research suggests. A study by Prof. Kim Dae-jin of the Catholic University on 226 male alcoholics from April-November 2009, saw 20.4 percent diagnosed with diabetes. The portion is twice that of non-alcoholics, the team said. Another 30.2 percent were diagnosed with impaired glucose tolerance, which is perceived as a step before diab
TechnologyJuly 21, 2011
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Free checkups to be given to multiracial children
The Korean Medicine Service Team Abroad, a group of young Oriental medical doctors, will be providing free medical examinations for children of multiethnic families through Sunday at the Seoul Character/Licensing Fair in Coex, Seoul. At the festival dedicated to children’s welfare and fun, the doctors will provide free examinations on atopic dermatitis, rhinitis and various allergic reactions. The
TechnologyJuly 21, 2011
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Ewha hospital wins JCI accreditation
Ewha Womans University Medical Center earned accreditation from Joint Commission International on Monday. The hospital said it was tested on a total of 1,221 factors and passed. The JCI evaluation categories range from price to safety, hygiene, technology, facilities and more.The approval from the internationally acclaimed medical facility evaluation organization will allow the hospital to expand
TechnologyJuly 21, 2011
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Common misconceptions about emergency care
In this modern era of information, medical information is something that is sought by everyone. This means that, not only are many patients and guardians well informed, they also actively seek information about diseases. However, it is difficult to learn about emergency conditions unless you have been subject to them. Song Keun-jeongCompared to other diseases, few people know about or understand
TechnologyJuly 21, 2011
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How to stay healthy during summer heat
The sweltering heat after the three-week-long rain spell is bringing sleepless nights to most parts of the nation as the daytime temperature stays well above 33 degrees Celsius and the nighttime temperature remains at above 25 degrees Celsius on average. According to the Health Insurance Review and Assessment service, the number of people visiting medical facilities over heatstroke or sunstroke in
TechnologyJuly 21, 2011
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Parents spy on their children via social networking sites
More than 55 percent of parents snoop on what their children are doing through social networking systems, the Daily Mail reported.According to the research conducted by computing company Bullguard Internet Security, about 40 percent of parents monitor their children’s status updates and posts on their wall.Social networking systems such as Facebook, MySpace and Twitter have become widely popular w
TechnologyJuly 21, 2011
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Renault Samsung to have new CEO
The Renault Group will appoint Francois Provost, the French carmaker’s deputy managing director in Russia, to head Renault Samsung Motors on Sept. 1, an official at Renault Samsung Motors said Thursday.Provost will replace Renault Samsung’s current CEO Jean-Marie Hurtiger, who took the Seoul office in May 2006.“Renault Samsung will have new leader effective Sept. 1. Francois Provost will transfer
IndustryJuly 21, 2011
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Lack of sperm coating plays role in infertility
WASHINGTON (AP) _ Scientists have found a new contributor to male infertility, a protein that is supposed to coat sperm to help them swim to an egg, unless that coating goes missing.About 20 percent of men may harbor gene mutations that leave their sperm coat-free and thus lower their fertility, an international research team reported Wednesday.Today's reproductive tests cannot spot the problem, s
TechnologyJuly 21, 2011
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Tax agency investigates power bloggers
The National Tax Service said on Thursday it has requested the country’s major Internet portals such as Naver and Daum to provide personal information about some 1,300 influential bloggers.The tax agency’s move comes as a growing number of local bloggers with a large pool of readers get enmeshed in money-for-article scandals. Recently, a high-profile blogger who belongs to the country’s largest po
TechnologyJuly 21, 2011
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Seoul to end antidumping tariffs on Chinese pigments
South Korea may end its six-year antidumping measures against Chinese pigments as their prices have risen enough to pose little threat to local competitors, Seoul's trade commission said Thursday.The decision to end the antidumping tariffs on Chinese anatase titanium dioxide used in paint and plastic goods was reached at a meeting of the Korea Trade Commission (KTC) on Wednesday.South Korea began
July 21, 2011
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S. Korea in dilemma over U.S. stalemate in FTA ratification
With skepticism spreading about the possibility of the U.S. government securing ratification of a free trade pact with South Korea this summer, South Korean officials expressed concern Wednesday over major diplomatic and political fallout at home.The Lee Myung-bak administration has eagerly awaited the passage of the free trade agreement (FTA) bill before the U.S. Congress goes into recess on Aug.
July 21, 2011
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Busan Savings Bank draws fresh suspicion for shady land deals
A ruling party lawmaker on Wednesday disclosed fresh allegations of embezzlement involving Busan Savings Bank, insisting that the corruption-ridden lender bought real estate along the southwest coast for inflated prices that were up to 10 times more expensive than the market value.Rep. Ko Sung-doug of the Grand National Party (GNP) said the Busan-based institution, which was suspended in February
July 20, 2011
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SC First Bank sues labor union leader
SC First Bank sues labor union leaderSC First Bank filed a complaint against its labor union leader on Wednesday with the police on charges of defamation, according to bank sources.The bank claimed that labor union leader Kim Jae-yool damaged the bank’s image by distributing leaflets making accusations about management to the public, the sources said.In its statement, the union criticized the bank
July 20, 2011