Most Popular
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Tensions heighten ahead of first president-opposition chief meeting
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[Weekender] How DDP emerged as an icon of Seoul
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Seoul to provide housing subsidy to married couples with newborns
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Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
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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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[Music in drama] An ode to childhood trauma
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Hyundai-Kia chief stresses best quality
Hyundai Motor Group chairman Chung Mong-koo has called for employees in the United States to prioritize producing vehicles with “advanced” quality.His remarks are in line with Hyundai Motor and its affiliate Kia Motors’ road map to catch up with European and Japanese carmakers from its earlier business strategy focused on product stabilization.Chung visited a sales corporation of Hyundai-Kia in Lo
IndustryJune 30, 2011
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SKT, LG Uplus to start commercial LTE services
SK Telecom Co. and LG Uplus Corp. plans to start commercial services of the “Long Term Evolution” mobile technology to usher in the long-awaited era of fourth-generation wireless networks, the companies said on Thursday. LTE is cited as the next-generation mobile technology following the current 3G, and promises to offer an Internet data transmitting speed of up to five to seven times existing net
IndustryJune 30, 2011
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Samsung seeks to bar Apple’s U.S. sales
Korean company asks U.S. commission to block imports of mobile devicesSamsung Electronics has taken another legal step in its strife with Apple Inc. by requesting that the U.S. International Trade Commission block the import of overseas-made iPhones, iPads and iPods into the U.S.Samsung’s complaint involves all “mobile electronic devices, including wireless communication devices, portable music an
IndustryJune 30, 2011
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Watchdog mulling further lowering bank loan-to-deposit ratio to 90%
Korea’s financial watchdog said Thursday it may require local banks to lower their loan-to-deposit ratio to the 90 percent range in a bid to stem excessive growth of household debt.Lowering the loan-to-deposit ratio, a gauge of a bank’s solvency, was one of a set of measures to curb snowballing household debt unveiled on Wednesday. Household debt, which surpassed 800 trillion won ($747.3 billion)
June 30, 2011
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Industrial output grows 8.3%
Korea’s industrial output kept growing for the 23rd straight month in May, raising hopes the nation’s economic recovery is gaining momentum, a government report showed Thursday.According to the report by Statistics Korea, production in the mining and manufacturing industries expanded 8.3 percent last month from a year earlier, quickening from 6.9 percent growth in April.On-year production has expa
June 30, 2011
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Shinhan Financial mulls M&A ...in securities, insurance sector
Shinhan Financial Group is considering taking over at least one financial company in the stock brokerage and insurance market in the coming months or years.Chairman Han Dong-woo, who took office 100 days ago, unveiled the group’s future strategies, including the mergers and acquisitions project during a news conference in Seoul on Thursday.“It is necessary for us to seek opportunities to expand th
June 30, 2011
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FTA: EU and Korea trade and investment moves into top gear
EU Ambassador Tomasz Kozlowski speaks during a news conference on Thursday. (Yonhap News)On July 1 a historic Free Trade Agreement will come into effect between two important actors on the world trade scene: the EU and Korea. The EU-Korea FTA is a landmark agreement. It is the most ambitious ever FTA negotiated by the EU with a partner outside Europe and the first FTA with a country in Asia. The E
June 30, 2011
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Study suggests cereals stem metabolic syndrome
A cereal and vegetable-based diet reduces the risk of metabolic syndrome, a group of researchers announced Tuesday. According to a study of 9,850 adults between 2001 and 2005 by Prof. Kim Ji-hye of Daegu University and Prof. Cho In-ho of Ewha Womans University, Koreans generally have four diet patterns: rice with kimchi; meat and alcohol; coffee and sugar; and cereal, vegetables and fish.The team
TechnologyJune 30, 2011
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Bacchus, Madecassol to be sold at supermarkets
Forty-eight health products previously requiring prescription will be available at supermarkets and 24-hour convenience stores nationwide from August, the Ministry of Health and Welfare said Wednesday. The products include caffeine drink Bacchus; Madecassol and Antiphramine, both antiseptic ointments; digestion aid Whal Myung Soo and others, mostly cough drops, digestion solutions, pain killers, m
TechnologyJune 30, 2011
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After gastric bypass, some battle new addictions
ORLANDO, Florida ― Andrew Kahn thought after he got his weight under control, his problems would be over. Instead, he, like many gastric-bypass-surgery patients, traded his food addiction for an alcohol habit.“Drinking for me became like eating used to be ― instant satisfaction,” said the 60-year-old resident of southern Florida. “But I eventually realized food and alcohol were cover for me not ta
TechnologyJune 30, 2011
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Battling kids’ bladder troubles
Children can develop many different types of urological disease. Unlike adults, small children have difficulty describing their symptoms, which means that doctors often miss the best moment for treatment. This can lead to various pathological conditions arising from disease or injury, so special attention is required. The most common cause of urinary tract infections in children is vesicoureteral
TechnologyJune 30, 2011
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No cure yet for spine-fusing condition
The most widely used treatment is medication to relieve painIt is not unusual to feel back pain: it is common after sitting in one posture too long or standing still for a long period of time. But if the pain wakes you up in the middle of the night and is relieved by moving you should visit a doctor as it is possible you are developing ankylosing spondylitis. According to Pfizer, one of the world’
TechnologyJune 30, 2011
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Depression triggers all around us
Donuts, streetlights, pills, the Internet, cigarettes and cosmetic surgery are all everyday sparks that can cause depression, the Daily Mail reported. Although money and relationship matters are well-known causes of depression, experts revealed that our everyday activity ranging from eating behavior to exposure to the sun can also trigger depression.First, comfort foods such as donuts can lead to
TechnologyJune 30, 2011
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Temperatures in Korea to rise 6 degrees in 21st century
The National Institute of Meteorological Research announced that Korea’s average temperature will increase by 6 degrees centigrade by the end of the century if the current rate of economic growth continues without further actions to reduce greenhouse gas emissions.On Tuesday, the NIMR released the report based on the fifth report of Intergovernmental Panel on Climate Change, which is to be publish
TechnologyJune 30, 2011
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Samsung seeks U.S. import ban on Apple products
SEOUL, June 30 (Yonhap) -- Samsung Electronics Co., the world's second-biggest maker of mobile phones, said Thursday that it has filed a complaint with the U.S. International Trade Commission (ITC) against Apple Inc., seeking import bans on six Apple products, including the iPhone, the iPad and the iPod. Apple violated five patents of Samsung, including wireless communications technology and techn
IndustryJune 30, 2011
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Scientists discover brightest, earliest quasar
This artist's conception provided by the European Southern Observatory shows ESO's Very Large Telescope and a host of other telescopes' discovery of the most distant quasar found to date. This brilliant beacon, powered by a black hole with a mass two billion times that of the Sun, is by far the brightest object yet discovered in the early Universe. (AP-Yonhap News)LOS ANGELES (AP) _ A team of Euro
TechnologyJune 30, 2011
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LG Global Challenger
(LG Group)LG Group chairman Koo Bon-moo (left) hands the symbol for the LG Global Challenger program to the representative of students taking part at the company’s office in Seoul on Wednesday. The program is in its 17th year, and allows participants to take part in research projects and visit other countries.
IndustryJune 30, 2011
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Three funds bid for Woori Financial
Three private equity funds have submitted letters of intent to take over Woori Financial Group while no financial group will participate in the M&A competition.The Public Fund Oversight Committee, which closed the receiving of LOIs on Wednesday, said the potential buyers are MBK Partners, Vogo Investment, and TStone Partners.The committee, under the wing of the Financial Services Commission, plans
June 29, 2011
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Hyundai execs invited to White House forum
Korea’s leading automaker Hyundai Motor Co. said Wednesday that its executives will take part in a White House policy meeting aimed at improving the fuel economy of cars sold in the United States.The company said Ron Bloom, senior counselor for manufacturing policy to President Barack Obama, and Gary Guzy, deputy director of the Office of Environmental Quality, will be present at the meeting sched
June 29, 2011
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Samsung Engineering wins order from India
Samsung Engineering Co. Ltd., Korea’s largest industrial plant builder, said Wednesday that it has won a $230 million order to build a petrochemical plant in western India.Under the deal with ONGC Petro-additions Ltd., a unit of India’s state-run Oil & Natural Gas Corporation Ltd., Samsung Engineering will complete the plant by July 2013 with an annual production capacity of 340,000 tons of high-d
June 29, 2011