New zodiac signs mean yours may have changed

The twelve zodiac signs, which have been in place for almost 3,000 years, are now different according to news reports. The Babylonians determined the dates of the zodiac, and since then the position of Earth in relation to the Sun has gradually altered, according to ABC News.The shifting of the Earth’s axis has also introduced a 13th zodiac sign -- Ophiuchus. The Huffington Post reported that astr

TechnologyJan. 18, 2011

Apple CEO Steve Jobs takes medical leave

SEATTLE _ Apple Inc. CEO Steve Jobs, the charismatic frontman for the company that overturned the smart phone industry and invented a new category of tablet computers, is taking a second medical leave of absence in two years.In the last decade, Jobs, 55, has survived a rare but curable form of pancreatic cancer and undergone a liver transplant. The news that he will again step down from his day-to

IndustryJan. 18, 2011

GS Caltex closes plant on power outage

GS Caltex Co., Korea‘s second-largest refiner, said Monday that it had shut down all of its crude distillation units and its No.1 residue fluid catalytic cracker in the southern part of the country due to power failure. Power at the Yeosu complex was cut off at 4:10 p.m. local time and resumed 23 minutes later, according to the official“The affected facilities could not restart within today, thoug

IndustryJan. 17, 2011

Give me back my sign! Horoscope readers atwitter

Sofia Whitcombe began her day with the startling realization that she might not be exactly who she thought she was."My whole life, I thought I was a Capricorn," the 25-year-old publicist said. "Now I'm a Sagittarius? I don't feel like a Sagittarius!" It felt, she said, like a rug had been pulled from under her feet."Will my personality change?" she mused. "Capricorns are diligent and regimented, a

TechnologyJan. 17, 2011

Civil servants told to don long johns

Korea’s civil servants have been ordered to do their public duty by switching off the heating and donning long johns as the severe cold puts a strain on power resources, officials said Monday. In an emergency energy savings plan, all ministries and state-run companies have been told to turn off the heating from 11:00 am to noon and 5:00-6:00 pm, the Knowledge Economy Ministry said. Government buil

Jan. 17, 2011

Expert calls for tougher supervision of banks

Banking regulators across the globe need to introduce marco-prudential measures, including a bank levy, in a bid to enhance soundness of the economy and the financial system, an expert said Monday.“New bank capital rules called BASEL III can be considered an outcome from an agreement on micro-prudential measures. But there has been not enough agreement on macro-prudential tools so as to enhance th

Jan. 17, 2011

Korean firms aim for further gains at Detroit Motor Show

DETROIT (AFP) ― Korean automakers Hyundai and Kia made a strong showing at this year’s Detroit auto show, turning heads with new models and vowing to build on last year’s gains.Both Kia and Hyundai ― which share manufacturing and engineering facilities but sell their vehicles separately in the U.S.― are looking for more growth this year after setting sales records in 2010, with Hyundai having fini

IndustryJan. 17, 2011

Russian company builds Web empire at home and abroad

MOSCOW (AFP) ― It is a company with a stake in Facebook, the leading position in one of the world’s fastest-growing Internet markets and a listing on the London Stock Exchange.But this is not a firm from Silicon Valley or a high-tech Asian economy. It is from Russia, in recent years not a place known for cutting-edge corporate innovation.While President Dmitry Medvedev ploughs on with his state-sp

IndustryJan. 17, 2011

State R&D chief to speak at CeBIT

Hwang Chang-gyu, head of Ministry of Knowledge Economy’s Strategic R&D Planning office, has been chosen as one of the three speakers for a conference to be held during German IT exhibition CeBIT from March 1 to 5, the organizers of the event said Monday. Hwang Chang-gyuThe former Samsung Electronics chief, who was appointed to the government post early last year, is the first Korean to give a spee

IndustryJan. 17, 2011

Telecoms bet on cloud computing

Local carriers look to take share of global market expected to reach $44.2b in 2013Korea’s telecom carriers are jumping on the cloud computing market to meet growing demand for software, platform and data storage in service. SK Telecom Co., Korea’s top wireless carrier, said Monday it will open a cloud service center that will allow small and mid-sized firms to use high-capacity computing resource

IndustryJan. 17, 2011

Global forum seeks to promote clean energy

World Future Energy Summit opens in Abu DhabiABU DHABI ― Ministers and industry experts from around the world gathered in the capital of the United Arab Emirates to discuss ways to promote the use of clean energy for sustainable growth. The 4th annual World Future Energy Summit kicked off Monday hosted by Abu Dhabi-based power company Masdar, wholly owned by the state-run Mubadala Development Comp

IndustryJan. 17, 2011

Korean Air to start A380 flights in June

Korean Air said Monday it would take delivery of five Airbus A380 superjumbos this year, with the first flight scheduled for June.The Korean flag carrier said the A380 service between Incheon International Airport and Tokyo’s Narita would start on the morning of June 1, with the plane departing for Hong Kong once it returns from Narita.It said in a statement the service would be expanded to Bangko

IndustryJan. 17, 2011