The Korea Herald

Hyundai Heavy bags 10th drill ship order

Hyundai Heavy Industries extended its lead in the drill ship market signing a contract for one more such vessel on Thursday.According to the company, the Geneva-based Noble Corp. issued a 600 billion won ($509 million) contract for a drill ship. With the latest deal, the company has been signed on t

IndustrySept. 22, 2011

Blizzard’s Diablo III offers new monetary system

Blizzard Entertainment revealed its Diablo III beta trial version to the press Thursday, also unveiling its in-game auction system. Internet crimes, such has fraud, plagued Diablo II through external websites, but the third version of the game aims to provide a safe trading environment by adopting i

IndustrySept. 22, 2011

Eximbank supports Korea-Cambodia ties

The Export-Import Bank of Korea has taken the lead in enhancing tie-ups for development projects between Korea and Cambodia.Under initiative of chairman & CEO Kim Yong-hwan, the state-run bank met to map out further development of the National Polytechnic Institute of Cambodia in Phnom Penh, Thursda

Sept. 22, 2011

Daewoo, STX in gas project on East Sea shelf

Daewoo International Corp. and STX Energy Co. are set to take part in a government project to extract natural gas from the continental shelf in the East Sea to secure stable energy supplies and tackle price swings.The Ministry of Knowledge Economy said it struck an agreement on Thursday with the two

IndustrySept. 22, 2011

Hyundai chief bets on Europe with new models

Chung calls on automaker to take on global rivals by offering more modelsHyundai Motor Group chairman Chung Mong-koo said the company should compete with global rivals in the sluggish European market with new car models.Chairman Chung made the call during his visit to a car assembly line in Czech Re

MobilitySept. 22, 2011

Hyundai chief bets on Europe with new models

Armed with technology, Modnnet seeks second takeoff

Electronic lecture board maker stresses importance of human resources and technologyFor companies in the information technology industry, quick adaptation to changes and planning are prerequisites for survival. Shin Soon-hee, the chief executive officer of Modnnet, suggests there was more to that fo

IndustrySept. 22, 2011

Armed with technology, Modnnet seeks second takeoff

BOK chief: Korea not likely to face another sudden crisis

WASHINGTON (Yonhap News) -- The head of South Korea’s central bank sought Wednesday to ease worries over his country’s financial markets, saying they won’t likely face another sudden crisis.The current situation is “different from when (the South Korean economy) was in difficulty in 2008,” Bank of K

Sept. 22, 2011

Stock fraud via broadcasters surfaces

The financial regulator has launched a full-fledged investigation into alleged stock manipulation via cable TV channels, Internet broadcasters and cyber communities.Allegations that investment advisors engaged in stock manipulation recently emerged, an official at the Financial Supervisory Service s

Sept. 22, 2011

Deutsche Securities Korea to resume derivatives trading

Six-month ban imposed for causing market crash ends in OctoberDeutsche Securities Korea is to resume derivatives trading from October when a six-month ban imposed by the local regulator expires, sources said. Speaking on behalf of Deutsche Securities Korea, Michael West, head of PR for the company’s

Sept. 22, 2011

New products, technologies strengthen companies’ brand power

Korea Productivity Center releases 2011 National Brand Competitiveness Index ranking 176 brandsNew products and technologies have elevated the brand power of local companies over the past year, whileremaining the market leader has become much more difficult, Korea Productivity Center found in an ann

IndustrySept. 22, 2011

KT makes name as global player

Company selected as telecom leader in Dow Jones Sustainability IndexKT Corp. is now among the few companies recognized in the Dow Jones Sustainability Index as a global supersector leader, making its name as one of the most competitive companies not only in Korea, but around the world. Only those re

IndustrySept. 22, 2011

Irritable bowel syndrome

Irritable bowel syndrome often is called “spastic colon.” It probably is the result of abnormal muscular activity of the intestinal wall. Chronic stress and depression may be the primary cause or at least contribute to flare-ups of symptoms. IBS may begin with an infection such as acute gastroenteri

TechnologySept. 22, 2011

Uh-oh: Scientists say film ‘Contagion’ may be a reality

ATLANTA (AP) ― Yes, it could happen. But it’s a stretch.“Contagion,” a Hollywood thriller that opened last weekend, rocketed to No. 1 at the box office through its gripping tale of a fictional global epidemic driven by a new kind of virus. Audiences have gasped in horror at what happens to Gwyneth P

TechnologySept. 22, 2011

Uh-oh: Scientists say film ‘Contagion’ may be a reality

Psychologists to hold international seminar

The Korean Association of Psychoanalysis Study group and Allied Center of the IPA said Monday that it will host an international symposium and psychoanalysis treatment master class at Seoul National University Hospital on Friday and Saturday. The event is to mark the 31st anniversary of the academic

TechnologySept. 22, 2011

Depression on the rise in Korea

The number of people struggling with depression increases every year, with women and the elderly suffering the most, the Health Insurance Review and Assessment Service said Tuesday. According to its report to Rep. Joo Seung-yong of the Democratic Party, 1,485 per 100,000 females and 637 per 100,000

TechnologySept. 22, 2011

Five myths about oral contraceptives

World Contraception Day on Sept. 26 is designated to raise awareness of the prevention of unwanted pregnancy and birth.If you haven’t considered oral contraceptives as a means for birth control, it’s time to reconsider. According to experts, the use of oral contraceptives accounts for only 2 percent

TechnologySept. 22, 2011

SLS Group on verge of collapse

SLS Group, which came to public attention on Thursday when its chairman Lee Kuk-chul accused former vice minister of culture Shin Jae-min of taking billions of won in bribes, is facing disintegration. Lee, a former civil servant, began his career as a businessman with a factory producing parts for t

IndustrySept. 22, 2011

Stock fraud via broadcasters growing

Regulator launches probe into allegations of stock manipulation by broadcastersThe financial regulator has launched a full-fledged investigation into alleged stock manipulation practices via cable TV channels, Internet broadcasters and cyber communities.Allegations that investment advisors engaged i

Sept. 22, 2011

Apple 'to unveil iPhone 5 on October 4'

Apple plans to unveil its next generation iPhone next month, technology blog AllThingsD said Wednesday.AllThingsD cautioned that Apple could "change its plans anytime," but said the present plan calls for Apple's new chief executive Tim Cook to preside over the launch of the iPhone 5 on October 4. I

TechnologySept. 22, 2011

'Longevity gene' may be dead end: study

Research over the last decade showing that proteins called sirtuins can increase lifespan is deeply flawed, according to a new study in Nature that debunks prior claims of a direct causal link.Pioneering experiments on earthworms and fruitflies -- commonly used as models to examine the biology of hu

TechnologySept. 22, 2011