Most Popular
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South Korean President Yoon Suk Yeol declares martial law
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'Is this happening in 2024?' South Koreans in panic, disbelief
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Ruling party leader denounces Yoon's declaration of emergency martial law
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South Korea sees first martial law in over 40 years
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Assembly passes motion to revoke martial law
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Seoul defense chief calls meeting of key commanders
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Does cross atop Christmas tree at Seoul Plaza reflect religious bias?
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Assembly speaker declares martial law as invalid
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Chief auditor, prosecutors to face Assembly impeachment vote
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What unfolded on Tuesday night in Seoul: A timeline
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KEPCO under fire for power failure
State-run Korea Electric Power Corp. is facing mounting criticism as it passed the buck to the Korea Power Exchange on taking responsibility for the unprecedented nationwide power outages Thursday afternoon.Residents and workers around the country suffered sudden power outages starting at around 3 p
Sept. 15, 2011
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Independent gas stations to adopt common brand
Independent gas stations could start operating under a common brand as early as next year, the association of independent gas stations said Thursday.Independent gas stations can sell fuel produced by any of the country’s refiners, as opposed to being tied to a refiner such as GS Caltex or S-Oil.As s
IndustrySept. 15, 2011
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Starbucks hopes instant coffee will cement dominance
Starbucks still is a major player in the Korean market even though local coffee houses are growing rapidly, its Asia Pacific chief Jinlong Wang said Thursday. “We don’t mind if (our competitors) can do better. But we will always offer something unique and different,” he told The Korea Herald. Such c
IndustrySept. 15, 2011
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POSCO signs deal on business in Colombia
POSCO is poised to exploit Colombia’s iron ore and coal deposits as it ratchets up efforts to ensure steady supplies of raw materials and lay a firm footing in the fast-expanding Latin American market.The country’s top steelmaker clinched a deal on Thursday in Seoul to set up a joint venture with Bl
IndustrySept. 15, 2011
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Conglomerates scrambling to secure cash
Korea’s conglomerates are scrambling to secure capital at a pace that suggests a credit crunch might be in the offing amid growing concerns over the global economy. The country’s large companies have raised about 60 trillion won ($54.6 billion) this year by issuing corporate bonds, drawing loans fro
Sept. 15, 2011
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Korea alert to possible impact of Europe crisis
Senior official conducts virtual intervention in won-dollar marketPolicymakers have stepped up again to minimize negative effects on the local financial markets amid the eurozone debt crisis, following their efforts in early August.Their key countermeasures included curbing steep depreciation of the
Sept. 15, 2011
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BOK denies report on OTC purchase of yuan bonds
South Korea’s central bank has not submitted an application to its Chinese counterpart to get approval for investment in yuan bonds traded on China’s over-the-counter market, a bank official said Thursday.The remarks came after a local daily reported Thursday that the Bank of Korea is preparing to i
Sept. 15, 2011
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Yeosu Expo nets 100 participant nations
The number of countries confirmed to take part in next year’s international exposition in Yeosu, South Jeolla Province, has reached the target of 100, the event’s organizers announced Thursday.According to the Organizing Committee for Expo 2012 Yeosu Korea, the Philippines recently confirmed its par
IndustrySept. 15, 2011
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Korean Air to deliver aid to Africa
Korean Air announced Thursday that it will provide flights to deliver United Nations aid to famine-stricken regions in Africa.The carrier said that the flights are being operated as part of the U.N. World Food Program, in which it is taking part in collaboration with the Ministry of Foreign Affairs
IndustrySept. 15, 2011
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Koreans marry later than any other Asians
Koreans are choosing to get married later than any other Asians, statistics said. The average age of first marriage for men and women in Korea is 31.8 and 28.9, beating that of the Japanese, 28.90 and 28.8, the Finance Ministry said Thursday.“More women are choosing to get married later, or not gett
IndustrySept. 15, 2011
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Technical problem causes flight delays
A one-hour computer glitch delayed nearly 20 flights on Wednesday morning at Incheon International Airport, the government reported Thursday.Some part of the control systems at the airport’s air traffic center had not functioned properly starting 10:30 a.m., the Ministry of Land, Transport and Marit
IndustrySept. 15, 2011
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Brokerages boost baby boomer R&D
Firms see fresh opportunity in providing new retirement-related asset managementSouth Korea’s major brokerages houses are setting up research centers targeting the country’s baby boomer generation in a bid to take a share in potentially huge securities-related markets.The term “baby boomers” refers
Sept. 15, 2011
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Forestry chief seeks N.K’s participation in global forum on desertification
Korea Forest Service Minister Lee Don-koo said he would seek North Korea’s participation in the 10th U.N. Convention to Combat Desertification conference that opens Oct. 10 in Changwon, a southeastern city of South Korea.Speaking at a news conference in Daejeon on Wednesday, Minister Lee said he wil
IndustrySept. 15, 2011
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Korea readies for Changwon Initiative on desertification
Officials and experts from over 190 countries will gather in Korea for UNCCD conferenceMinisters, senior government officials and experts from more than 190 countries will gather in Changwon, South Gyeongsang Province, next month to devise fresh plans to combat desertification.The Korean government,
IndustrySept. 15, 2011
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BASF Korea appoints new head
BASF Korea, the local unit of the global chemicals group, said Thursday it has promoted Shin Woo-sung, head of its human resources division, to new chief executive.Shin, 54, will replace Cho Chin-wook, whose five-year term is expiring on Sept. 30. Shin Woo-sungA graduate of Seoul National Univ
IndustrySept. 15, 2011
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Older pills often safer despite patient views
CHICAGO (AP) ― Many consumers mistakenly believe new prescription drugs are always safer than those with long track records, and that only extremely effective drugs without major side effects win government approval, according to a new study.A national survey of nearly 3,000 adults finds that about
TechnologySept. 15, 2011
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Action urged as U.S. drafts Alzheimer’s plan
WASHINGTON (AP) ― As her mother’s Alzheimer’s worsened over eight long years, so did Doreen Alfaro’s bills: The walker, then the wheelchair, then the hospital bed, then the diapers ― and the caregivers hired for more and more hours a day so Alfaro could go to work and her elderly father could get so
TechnologySept. 15, 2011
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Hospitals upend old rules for breastfeeding
DETROIT ― Voletta Bonner knew the benefits of breast-feeding long before baby Riley came along.But after a rocky start for mom ― an emergency C-section and a fever ― nurses at St. John Hospital and Medical Center in Detroit persuaded her not to give up on the sometimes-difficult process of breast-fe
TechnologySept. 15, 2011
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When your child has plagiocephaly
A young mother who seems to be around 30 years old visited my clinic with her six-month-old baby girl. Her chief complaint was that the head shape of her baby was slightly distorted. “She had right flattened occiput and frontal bossing on the same side, probably due to her sleep habit,” she said wit
TechnologySept. 15, 2011
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Tylenol reports most side effects: report
Tylenol, one of the bestselling painkillers here, was the medicine with the highest number of reported side effects over the last five years.According to the Korea Food and Drug Administration’s report to Rep. Yang Seung-jo of the main opposition Democratic Party, Tylenol ER-Tab manufactured by John
TechnologySept. 15, 2011
