Most Popular
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Tensions heighten ahead of first president-opposition chief meeting
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Seoul to provide housing subsidy to married couples with newborns
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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[Weekender] How DDP emerged as an icon of Seoul
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Woman gets suspended term for injuring boyfriend with knife
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Med schools expect 1,500+ new admission slots next year
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Endoscopic management of urinary stone disease
Urinary stones are hard buildups of minerals that form in the urinary system and cause urinary tract infection, the obstruction of urinary flow and sometimes renal dysfunction. They may also be accompanied by pain and bleeding. The structural order and chemical components of a urinary stone, as well as abnormalities shown in the urine, began to be unraveled in the 20th century with the advent of a
TechnologyMay 19, 2011
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Ways to tackle tummy trouble
Although there is no cure, irritable bowel syndrome can be managedWhen he was a college student, Lee Sang-woo used to memorize the location of toilets at every subway station between his home and school. “Because I had diarrhea frequently, I never took the bus,” said the 32-year-old office worker who has suffered from irritable bowel syndrome for more than 10 years. Even though his symptoms have i
TechnologyMay 19, 2011
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IMF's Strauss-Kahn resigns amid sex charges
Dominique Strauss-Kahn (AP-Yonhap News)WASHINGTON (AP) _ Dominique Strauss-Kahn, the embattled managing director of International Monetary Fund, resigned saying he wanted to devote ``all his energy'' to battle the sexual assault charges he faces in New York.The IMF's executive board released a letter from the French executive Wednesday in which he denied the allegations lodged against him but said
May 19, 2011
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Lonely planet guide: Planets that have no stars
Astronomers on Wednesday said they had found a previously inconceivable phenomenon: planets that do not appear to be anchored to a host star but instead wander the heavens.In a two-year scan of the cosmos, 10 planets with roughly the mass of Jupiter, the largest planet of our Solar System, have been found at such enormous distances from the nearest star that some of them could be said to float fre
TechnologyMay 19, 2011
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Hyundai Capital faces sanctions over hacking case
The financial watchdog said Tuesday that it is considering penalizing Hyundai Capital and several of its staff for incurring cyber attacks due to negligent internal controls.Those subject to the regulatory sanctions will possibly include several executives, including CEO Ted Chung, of the loan issuance company jointly owned by Hyundai Motor Group and U.S.-based GE Capital, the Financial Supervisor
May 18, 2011
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Korea rises to 22nd in global competitiveness
By Cynthia J. KimKorea’s rating in the World Competitiveness Yearbook by a Switzerland business school rose by one place to No. 22 this year, the highest level the country has reached since joining the list in 1997.The annual report of the world’s 59 most competitive countries by the International Institution for Management Development ranked Korea higher on government and business efficiency, rai
May 18, 2011
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Neowiz Games records highest quarterly earnings
Neowiz Games Corp., a Korean online game publisher, said Wednesday it reached 147.7 billion won ($136 million) in sales and 33.8 billion won in operating profit in the first quarter, breaking its quarterly record due to sharply rising overseas sales.The company, well-known for its game portal Pmang, expanded overseas sales by 141 percent ― taking up 48 percent of its overall sales ― compared to th
IndustryMay 18, 2011
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KEPCO wins $46m power cable project in Dominican Republic
Korea Electric Power Corp., the state-run energy company, said Wednesday that it has won a $46 million order from the Dominican Republic to install power transmission lines in the Caribbean island nation.KEPCO said it signed the deal with the Dominican government on Tuesday in Santo Domingo, the country’s capital, to replace 400 kilometers of old power cables in three major cities there by May 201
IndustryMay 18, 2011
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GS chairman Huh highlights challenge, innovation and practice
GS Group chairman Huh Chang-soo emphasized the value of challenge, innovation and practice at a forum with executives of the conglomerate’s affiliates Wednesday. The Value Creation Forum was created last year to “uplift and settle the significance of innovation and change” in the corporate culture by sharing successful cases of innovation management among affiliates, GS said. About 400 officials f
IndustryMay 18, 2011
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Hana Financial may target Woori for M&A
A variety of predictions concerning the next step by Hana Financial Group are being issued in the market as its chairman Kim Seung-yu continued to express its willingness to acquire a bank.The situation comes amid growing uncertainty about the conclusion of the deal between Hana Financial and U.S. Lone Star Funds to trade shares of Korea Exchange Bank.As financial regulators indefinitely delayed t
May 18, 2011
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Seoul-Busan KTX line cuts air travel to Gyeongsang
The number of people traveling the Seoul-Ulsan air route fell 39.4 percent since the last section of the Seoul-Busan high-speed railway was opened, the Ministry of Land, Transport and Maritime Affairs said Wednesday.The Seoul-Busan line connected the East Daegu-Busan line to the Seoul-East Daegu line that was completed earlier, and KTX high-speed trains began operating on the route on Nov. 1.Accor
IndustryMay 18, 2011
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Korea, Latin America to work on energy, green growth
The two-day High-Level Forum on Korea-LAC Partnership began in Seoul on Wednesday. Held for the third time, high-level officials from 11 Latin American countries including First Vice President of Costa Rica Alfio Piva Mesen are attending the event.The main topic of this year’s discussions are ways to increase cooperation between Korea and Latin American nations in the field of trade, investment, e
May 18, 2011
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Mobile trading soars amid network concerns
Korean bourse says it will tighten supervision of stock trades made on mobile devicesStock trading through smartphones, tablet computers and other wireless devices is expected to exceed 150 trillion won ($138 billion) this year amid growing concerns about network security, market watchers said on Wednesday.The Korea Exchange said the amount of stock trading done using wireless mobile devices toppe
May 18, 2011
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[Meet the CEO] Fuji Xerox aims to sell 100,000 printers
Company increases Korean sales target for this year to 80 billion wonWith a goal of selling 1 million printers in the Asia-Pacific region, Fuji Xerox Printers Korea plans on introducing its products to 100,000 people here this year.Hwang Yoo-chun, chief executive officer of the company, said that it has fixed its target at 100,000 printers in Korea alone, as well as 500,000 printers in China.“We’v
IndustryMay 18, 2011
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Businesses fire up anti-smoking efforts
Companies use incentives, anti-smoking aids and negative evaluation to help smokers quitKeeping abreast with growing anti-smoking campaigns, major companies are stepping up efforts to drive cigarette smoke from the workplace. Some big companies use a “carrot and stick” policy, such as offering incentives, anti-smoking aids and even negative evaluation, to help employees quit smoking.The world’s fo
IndustryMay 18, 2011
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Coffee cuts risk of lethal prostate cancer: study
More is better when it comes to drinking coffee to ward off the risk of deadly prostate cancer, according to a major US study released Tuesday by researchers at the Harvard School of Public Health.Men who drank six or more cups per day had a 60 percent lower risk of developing the most lethal type of prostate cancer and a 20 percent lower risk of forming any type of prostate cancer compared to men
TechnologyMay 18, 2011
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Woori Financial to be sold off in single package
KDB said to be leading potential bidder for September sale of bankThe financial authorities announced Tuesday that the state-controlled Woori Financial Group would be handed over to an investor through a bidding competition by September.The Public Fund Oversight Committee said that it would sell the nation’s largest financial group by assets in a “package deal.” The official announcement came amid
May 17, 2011
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Korea grants permanent residency to seven European businessmen
Korea granted permanent residency to seven European entrepreneurs on Tuesday, acknowledging their contribution to the country’s economic growth. The recipients have lived here for two to 13 years largely working for European investment firms and were recommended by the European Union Chamber of Commerce in Korea. The list includes Friedrich Stockinger, president of Trumpf Korea; Holger R. Doerre,
IndustryMay 17, 2011
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Lotte Mart reignites pricing debate with W7,000 chicken
Lotte Mart has begun selling bargain chicken priced at 7,000 won ($6.42), reigniting controversy over fair competition between large retailers and smaller eateries.The black garlic flavored chicken has been on sale since Thursday at the retailer’s 88 stores across the country at a price 2,000 won cheaper than its earlier chicken release in December. As sales of its earlier product, dubbed ultra ch
IndustryMay 17, 2011
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GS Caltex extends retirement, adopts peak salary system
The country’s second largest refiner GS Caltex Co. announced Tuesday that it will raise the retirement age by two years and apply peak salary system from next year.Under the agreement GS Caltex reached with its labor union last month, the retirement age will be raised from 58 to 60 years of age from Jan. 1, 2012. With the peak salary system taking effect on the same date, the base pay for workers
IndustryMay 17, 2011