Most Popular
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Can Korea break away from apartment fixation?
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BTS members dominate charts, award shows despite military service
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Assembly clash looms as opposition pushes vote on W4tr budget cut
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[Reporter’s Notebook] Inside Korea’s diplomatic failure at Japan’s memorial ceremony
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Hyundai-Kia may face 19% profit loss from US tariffs: report
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Does cross atop Christmas tree at Seoul Plaza reflect religious bias?
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[Herald Interview] Director of 'Jeongnyeon: The Star is Born' discusses bringing together viewers across ages, genders
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(G)I-dle confirms full-unit contract renewal at MMA
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Who helped bring star-studded K-drama series 'The Trunk' to life?
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[AtoZ into Korean mind] ‘Tell me I fit in'
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Illegal capital outflow almost triples: data
Illegal capital outflow has almost tripled here over the past five years, a lawmaker revealed Thursday citing the data from Korea Customs Service. A total of 22 cases of assets moving abroad illegally were confirmed last year, up from six in 2006, according to Rep. Kwon Kyoung-seok of the ruling Gra
IndustryAug. 11, 2011
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Greek economist warns on Korea’s ‘welfare populism’
A prominent Greek university professor and economist has warned South Korea not to repeat his country’s economic mistakes, calling the plan to give free school meals to all students “irresponsible.”“Is it a matter of equality? Of course not. Why middle class Seoul citizens, maybe with no children, s
Aug. 11, 2011
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Kookmin Bank investing heavily in stocks: sources
South Korea’s top lender Kookmin Bank has invested a large amount of money in stocks in an apparent bid to seize on the recent market tumble, industry sources said Thursday.Kookmin Bank, the flagship of No. 1 bank holding firm KB Financial Group Inc., entrusted its affiliate KB Asset Management with
Aug. 11, 2011
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Baby boomers give birth to new industries
Elderly care robots, meal delivery and health products rental create niche marketsAt a nursing home in New Zealand, a Korean-made robot offers a blueprint for the future of old age. The silver-colored, kiosk-shaped robot monitors residents’ vital signs and biorhythm in real time, provides brain trai
IndustryAug. 11, 2011
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Silver industry thrives to cater for baby boomers
All-in-one silver towns, job training all part of burgeoning new businessTo mark the 58th anniversary of its establishment on Aug. 15, The Korea Herald is publishing a series of articles on the looming retirement of Korean baby boomers and its socioeconomic impact on the nation. The following is the
IndustryAug. 11, 2011
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Japan machinery orders rise on earthquake rebuilding
Japan’s machinery orders rose for a second month in June as companies increased spending to restore businesses and production disrupted by the March 11 earthquake and tsunami. Factory orders, an indicator of capital spending in three to six months, rose 7.7 percent in June from May, the Cabinet Offi
IndustryAug. 11, 2011
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France’s ‘AAA’ credit affirmed by S&P, Moody’s
France’s top credit grade was affirmed by Standard & Poor’s, Moody’s Investors Service and Fitch Ratings as relative yields on the nation’s debt climb on concern that Europe’s sovereign debt crisis is intensifying. The outlook on France is stable and its “AAA” ranking is “warranted,” Moritz Kraemer,
IndustryAug. 11, 2011
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Asia in balancing act as prices rise, growth weakens
SINGAPORE (AP) ― Asia batted away the global recession sparked by the 2008 financial crisis. Fending off the latest wave of market turmoil may prove tougher.World stocks were pummeled this week by the first-ever downgrade of the U.S. credit rating and evidence of stalling recoveries in the U.S. and
IndustryAug. 11, 2011
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U.S. budget deficit tops $1tr
WASHINGTON (AP) ― The United States’ budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House to make more progress on a long-term plan to shrink the growing imbalance.The Treasury Department said Wednesday that the deficit through July totaled
IndustryAug. 11, 2011
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Korean Airport Corp. reappoints chief
Sung Si-chul, chief executive and president of Korean Airport Corp., has been reappointed, the state-run airport operator said Thursday.The decision reflects Sung’s achievement in transforming Gimpo International Airport into East Asia’s business hub over the three years, the company said in a state
IndustryAug. 11, 2011
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Ahn favored most as boss
IT guru Ahn Cheol-soo was picked as the boss that salaried workers most want to work under, a survey released Thursday found. Ahn, who founded the computer vaccine developer AhnLab in 1995, one of Korea’s first-generation IT startups, got 46.9 percent of the vote in a survey of 796 salaried workers
IndustryAug. 11, 2011
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Ultraviolet rays could trigger eye diseases
Ultraviolet rays, abundant in the sunlight, could prompt aging of the eyes, B&VIT Eye Center said Monday. “When the eyes receive ongoing exposure to ultraviolet rays, a variety of diseases could result including corneal burns, macular degeneration and cataract,” Kim Jin-kook, chief of the clinic, sa
TechnologyAug. 11, 2011
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Health insurance corporation warns of sunburn
Beware of sunrays. According to the National Health Insurance Corporation, 16,962 were treated for sunburns in 2010, 10,856 of which sought treatment in July and August. Among the patients, the largest demographic were those in their 20s, followed by those in their 30s and those younger than 9. The
TechnologyAug. 11, 2011
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What are stem cells?
Stem cells are drawing attention and playing an important role in advance therapy for incurableness diseases. Kim Dong-IkInternational competition in this area began a few years ago but notable treatment results have already been reported through clinical and preclinical trials. This yea
TechnologyAug. 11, 2011
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Getting back to routine after vacation
For people who have enjoyed a summer holiday basking in the sun, it isn’t easy to get back into the routine of the rat-race. It’s not only a psychological issue ― the body also finds it difficult to fit back into this strained life. Sunburn, extreme fatigue and dermatitis can also leave a “massive a
TechnologyAug. 11, 2011
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Study: Healthy eating means spending more at store
SEATTLE (AP) ― A healthy diet is expensive and could make it difficult for Americans to meet new U.S. nutritional guidelines, according to a study published Thursday that says the government should do more to help consumers eat healthier.An update of what used to be known as a food pyramid in 2010 h
TechnologyAug. 11, 2011
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Pediatricians: Sports in heat OK with precautions
CHICAGO (AP) ― Playing sports in hot, steamy weather is safe for healthy children and teen athletes, so long as precautions are taken and the drive to win doesn’t trump common sense, the nation’s largest pediatricians group says.New guidelines from the American Academy of Pediatrics arrive just as s
TechnologyAug. 11, 2011
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Seoul concerned by fresh capital inflow from U.S.
The government said it is worried about cheap credit in the U.S. destabilizing the local economy as large funds into the region could worsen inflationary pressure. “The U.S. Federal Reserve’s pledge to maintain zero interest rate policy in the medium term could destabilize other economies even if th
Aug. 11, 2011
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Debate heats up over whether obesity can be contagious
Can obesity spread like a social virus? Scientists have rebutted highly publicized studies by two U.S. researchers, citing flawed methodology and data, the New York Times reported.In 2007, Nicholas Christakis at Harvard and James Fowler at the University of California revealed a study that indicated
TechnologyAug. 11, 2011
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Asian stocks lower after Wall Street tumbles
BANGKOK (AP) -- Asian stock markets followed Wall Street lower Thursday as concerns mounted over the worsening debt crisis in Europe and a slackening global economy.Oil prices hovered below $83 a barrel, while the dollar slipped against the yen and the euro. Markets continued to wobble am
Aug. 11, 2011