Most Popular
-
1
Blinken calls on China to press N. Korea to end its 'dangerous' behavior
-
2
S. Korea, Japan could consider simplified entry agreement: Seoul official
-
3
New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
-
4
[Weekender] How DDP emerged as an icon of Seoul
-
5
Tensions heighten ahead of first president-opposition chief meeting
-
6
Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
-
7
[Music in drama] An ode to childhood trauma
-
8
'The Roundup: Punishment' becomes fastest 2024 film to top 2 mln admissions
-
9
Seoul to provide housing subsidy to married couples with newborns
-
10
New head of doctors' association vows war in case of disadvantage to medical professors
-
Radiation levels on Dokdo much lower than on Ulleung: state agency
Education, Science and Technology Minister Lee Ju-ho (right) looks at a radiation monitor in Dokdo on Friday. DAEJEON -- Radiation levels on South Korea's easternmost islets of Dokdo were far lower than those on the nearby island of Ulleung that is located further away from Japan grappling with a quake-hit atomic power plant, a state nuclear safety institute said Saturday. South Korea set up ra
TechnologyApril 3, 2011
-
S. Korean inflation expected to hover above 4 percent
South Korea's inflation is expected to remain above the 4 percent range in April due to higher oil prices and other external shocks such as the fallout from Japan's nuclear crisis, experts said Sunday. The country's consumer prices rose to a 29-month high last month and were far above the central bank's target, stoking expectation that the nation's central bank may raise its key rate soon.
April 3, 2011
-
Yoga calms heart pace, cuts anxiety: study
NEW ORLEANS (AFP) -- People who suffer from irregular heartbeat could see their episodes cut in half if they do yoga regularly, according to a study released Saturday in the United States. Doing yoga three times a week also reduced depression and anxiety while boosting people's opinion of their own social and mental well-being, said the research presented at a New Orleans cardiology conferenc
TechnologyApril 3, 2011
-
Minuscule traces of radioactive silver detected in S. Korea
Minuscule traces of radioactive silver were found in South Korean atmosphere for the first time Saturday since Japan's nuclear accident, the Korea Institute of Nuclear Safety said. The substance was detected in air samples taken from the central city of Daejeon and the southeastern city of Daegu, the agency said. Radioactive iodine and cesium had been found in South Korean air before, but it w
TechnologyApril 3, 2011
-
Regulator to determine Lone Star's eligibility as KEB owner in April
South Korea's top financial regulator has said the watchdog will push to make a final decision this month over whether Lone Star Funds has the legal right to be the top shareholder of Korea Exchange Bank (KEB).Financial Services Commission (FSC) Chairman Kim Seok-dong said in a meeting with reporters, "We are working to make a final decision on Lone Star's eligibility in April."The regulator is ex
April 2, 2011
-
[Herald Interview] Citroen reenters Korea with higher hopes
French carmaker Citroen aims to sell up to 2,500 cars a year in Korea when it resumes imports of vehicles after a nine-year hiatus, Eric Dumondelle, chief of the company’s Asia Pacific division said Thursday. Introducing a series of models including DS3 models it will launch in the Korean market at the Seoul Motor Show 2011, Dumondelle said Citroen hopes to benefit from the Korea-EU Free Trade Agr
IndustryApril 1, 2011
-
Consumer prices rise at record pace
South Korea’s consumer prices rose by the fastest pace in 29 months, fanning the growing fears of an inflation rate that could put a damper on the nation’s economic growth. Statistics Korea said on Friday that the country’s consumer price index surged 4.7 percent last month from a year earlier, marking the fastest on-year increase since the 4.8 percent recorded in October 2008. From February, cons
April 1, 2011
-
KOSPI hits new high on foreign buying
South Korean stocks rose on the seventh-straight day to set a new record of 2,121.01 points on Friday, buoyed mainly by foreign buying. The benchmark KOSPI jumped 14.31 points or 0.68 percent from the previous day to break the previous record it set in January when the KOSPI closed at 2,115.69. Trading volume was moderate at 328.2 million shares worth 7.12 trillion won ($6.5 billion), with gainers
April 1, 2011
-
$48 million set to boost Jeju’s corporate edge
South Korea will invest a record amount of 53.8 billion won ($48 million) in Jeju Island this year to boost regional businesses in industries such as water and energy management, the Ministry of Knowledge Economy said Friday. The government will be spending about half of the funds on developing renewable energy facilities such as offshore wind turbines, while another 23 billion won will be used to
April 1, 2011
-
SK Group spins off its life science unit
SK Group, the nation’s third-largest conglomerate, said Friday that it had spun off its life science unit in a bid to develop the business into a new driver of growth. SK Biopharm’s total assets will reach 300 billion won ($260 million), and will be wholly owned by SK Holdings Co. The new unit’s main goal will be developing globally competitive new medicines and active pharmaceutical ingredients,
IndustryApril 1, 2011
-
Microsoft, LG promote Kinect on 3-D TV
Korean game-lovers will have a chance to experience Kinect on 3-D television at experience zones and Kinect tournaments operated as a joint effort between Microsoft Korea and LG Electronics, Microsoft said this week. Kinect is new game device launched by Microsoft last year that requires no controllers, as an embedded sensor picks up the movements of the players. Customers also can buy special Kin
IndustryApril 1, 2011
-
Chung takes over symbolic Hyundai office
Auto group says move is a show of resolve, but ruffles Hyundai GroupHyundai Motor Group has set up a new office for chairman Chung Mong-koo at Hyundai Engineering and Construction, in an apparent move to emphasize its control over the builder.“The chairman will be using the old office used by the late chairman (Chung Ju-yung), and it represents his resolve and the importance of Hyundai E&C as a me
IndustryApril 1, 2011
-
Microsoft skewers Google in EU antitrust complaint
The company logo is displayed is at Google headquarters in Mountain View, Calif.(AP-Yonhap News)BRUSSELS (AP) _ Microsoft Corp. escalated its attack on Google Inc. by complaining to European regulators Thursday that its fiercest rival is an Internet bully that abuses its dominance of online search and advertising.The allegations against Google crystallize the piecemeal gripes that Microsoft has be
IndustryApril 1, 2011
-
S. Korea's consumer prices grow fastest in 29 months in March
Government officials visit a local market to check food prices. (Yonhap News)South Korea's consumer prices grew at the fastest pace in 29 months in March, putting a crimp in the government's efforts to tame soaring inflation, a report showed Friday.According to the report by Statistics Korea, the country's consumer price index jumped 4.7 percent last month from a year earlier, marking the fastest
April 1, 2011
-
Seoul Motor Show attests to industry recovery
Top global brands showcase latest models at city’s largest-ever eventThe country’s largest automotive industry show, the Seoul Motor Show, opens to the public Friday with carmakers vying to catch the attention of the expected 1 million visitors with new models and technologies.The show, which will be held until April 10 at the KINTEX exhibition center in Goyang, Gyeonggi Province, is being held on
IndustryMarch 31, 2011
-
Seoul to levy tax for transactions among affiliates
The government is to toughen its crackdown on conglomerates’ irregular support for affiliates, often used to evade taxes and hide the transfer of owners’ wealth to their siblings. The Ministry of Strategy and Finance said Thursday the government will widen its investigation into and levy new taxes on corporations unfairly giving orders to subsidiaries. As part of the government’s commitment to est
March 31, 2011
-
Telecoms apply for frequency bandwidths
Three major telecom operators submitted applications to the government on Thursday for reassignment of frequency bandwidths to offer the current 2G communication services and prepare for the next generation of network technologies.As the 10-year period for the frequency band expires in June, SK Telecom, KT Corp. and LG Uplus said they asked the Korea Communications Commission for the frequency ban
IndustryMarch 31, 2011
-
Panel-makers shifting to cell-type panels
Samsung Electronics, the world’s No. 1 television-maker, is expected to be among the global TV manufacturers forced to sell more cell-type LCD panels due to increasing demands from set-makers who are worried about hostile TV market conditions. “Cell-type panels are soon going to be a substantial trend as more and more set-makers want to reduce costs in the face of the far-from-friendly market cond
IndustryMarch 31, 2011
-
Oil prices, nuclear fears to boost solar energy
The protracted nuclear crisis in Japan and sky-high oil prices are lending fresh impetus to the solar power industry.Shares of solar energy firms have soared recently amid rising safety concerns about atomic energy. Analysts are increasingly optimistic of the prospect of Korean companies increasing investment in the sector to catch up with global rivals.Solar power came into prominence with global
IndustryMarch 31, 2011
-
BOK vacancy adds deadlock risk to inflation war
The longest vacancy on the Bank of Korea’s monetary board since 1998 raises the risk of policy deadlock as officials struggle to tame inflation while maintaining growth. The seat held by Park Bong-heum, a former budget and planning minister appointed by President Lee Myung-bak’s predecessor, has been empty since April 2010. The lack of a seventh member means deadlocks on interest- rate decisions a
March 31, 2011