Most Popular
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No plan to let doctors with foreign licenses practice here anytime soon: PM
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Ador CEO's dismissal to be decided on last day of May
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[Graphic News] Beer the most favored alcoholic drink by Koreans
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Science Ministry expresses regret over Japan’s pressure on Naver
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Haeundae Beach to become sand art museum in late May
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Hostilities get out of hand as YouTuber murders another outside courthouse
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Medical professors set to take day off amid protracted walkouts by junior doctors
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Police officer jumps barefoot into drainage tunnel to save man
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Yoon interacts with public for 1st time since election defeat
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Lee Sun-kyun's posthumuous film to hit theaters in August
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Smartphone top electronics buy in 2011: survey
WASHINGTON (AFP) ― U.S. consumers are more likely to buy a smartphone than any other electronic gadget this year, according to a new survey.Technology research company Gartner said consumers in the United States are more likely to buy a smartphone in 2011 than a personal computer, a basic mobile phone, an electronic book reader, a tablet computer or gaming products.Gartner said the next most popul
Feb. 20, 2011
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Berlusconi girl describes 'bunga bunga' parties: report
ROME (AFP) - Dozens of naked women surround the Italian primeminister vying with each other to arouse him -- Silvio Berlusconi's "bungabunga" parties as reportedly described to prosecutors by a key participant. "After dinner we went into a hall in the basement where the bunga bunga washeld," Karima El Mahroug, a pole dancer nicknamed "Ruby the Heart Stealer", was quoted as saying to investiga
Feb. 19, 2011
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GS chief to head FKI
GS Group chairman Huh Chang-soo was tapped on Thursday to head the Federation of Korean Industries, the country’s largest business organization. The FKI said its executive board and advisers unanimously nominated him as new chairman during their meeting on the day.The 62-year-old chief of the nation’s seventh largest business group had already accepted the offer, it added. Huh Chang-sooHe will su
Feb. 17, 2011
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Chinese shoppers struggle with spiraling prices
BEIJING (AP) ― Spiraling prices have made the grocery store a scary place for Chu Yun, a 27-year-old office clerk.“Prices for everything are going up and it seems it will never stop,” Chu said as she hunted for bargains in a supermarket. “I have no confidence prices can be brought under control this year. I think they will keep going up.”China’s public is struggling with a months-long surge in foo
Feb. 17, 2011
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South Korea, Japan, Europe vie for Brazil bullet train project
The bid for Brazil’s planned $20 billion bullet train venture slated for April is shaping up to be a three-way race between South Korea, Japan and Europe, a Seoul official said Thursday.The head of the Latin American country’s transport regulator ANTT Bernardo Figueiredo said this week that at least three consortia will be competing for the right to build and run a high-speed railway in country. C
Feb. 17, 2011
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Most Koreans not ready for retirement: poll
Only 9 percent of Koreans believe they are financially prepared to retire, a survey showed.The figure is significantly lower than the world average of 30 percent ― 34 percent for Europeans and 32.5 percent for North Americans ― research firm Nielsen Company said.The poll also showed that nearly 40 percent of Koreans are expected to retire before turning 60 years old. The company surveyed 26,000 pe
Feb. 17, 2011
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KITA to step up support for small exporters, service firms
Chairman SaKong calls for need to foster services industry, FTAsThe Korea International Trade Association will boost support for small and medium exporters and the services sector to help the country achieve $1 trillion trade this year, its chairman SaKong Il said Thursday.“The Korean trade industry achieved a notable result last year despite the sluggish global economy. We have become the world’s
Feb. 17, 2011
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Samsung launches new 3-D smart TVs
Says firm’s next-generation 3-D focus will move from programming to servicesSamsung Electronics, the world’s No. 1 flat-screen television maker, plans to release a new series of full high-definition 3-D smart TVs, upping the ante in its rivalry with LG Electronics.Yoon Boo-keun, president of its visual display business, said Thursday that it will present the new television sets on Friday, changing
Feb. 17, 2011
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HTC may offer larger tablets to rival Apple, Samsung, CEO says
HTC Corp. may introduce larger tablet computers than the 7-inch screen “Flyer” device that the Taiwanese company unveiled Tuesday to challenge the dominance of Apple Inc.’s iPad. “We’re working on several form factors,” HTC Chief Executive Officer Peter Chou said on the sidelines at an industry conference in Barcelona Tuesday when asked whether the company may offer bigger tablets. Sales from tabl
Feb. 17, 2011
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New recruits build bonds at company boot camps
New workers learn teamwork and living as part of the firm at induction programsLike many who join large companies in South Korea, Cho Duk-hyun’s career at Daeyang Shipping began with a two-month induction program.While such programs are often associated with tight schedules that begin at the crack of dawn and continue late into the night, and sometimes include activities with little relation to wo
Feb. 16, 2011
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Korea to develop key bullet train components
Korea will seek to acquire technology for indigenously manufacturing electric car line systems used to provide power to its bullet trains, the government said Wednesday.The Ministry of Land, Transport and Maritime Affairs said work to develop special metal components and nuts that can permit 25,000 volts of electricity to flow constantly from overhanging wires to a fast moving train should be deve
Feb. 16, 2011
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GM Daewoo unveils all-new Chevrolet Aveo
GM Daewoo Auto & Technology, the Korean unit of U.S. carmaker General Motors Co., on Wednesday revealed its new small passenger car, the Chevrolet Aveo, in Korea.“The all-new Chevrolet Aveo is a fun to drive car with a confident attitude and a big heart,” said Mike Arcamone, president GM Daewoo.“Its bold exterior styling exudes attitude while its big heart is readily apparent with the most spaciou
Feb. 16, 2011
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LGE reveals next generation 3-D TVs
LG Electronics on Wednesday unveiled its first 3-D television using film-type patterned retarder panels that it claimed have effectively eliminated problems with the current 3-D technology. The Seoul-based electronics firm said in a press conference that the current shutter glass panels have serious limitations such as flickering and cross talk ― blurry ghosting images ― that viewers have persiste
Feb. 16, 2011
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Hyundai Heavy honored for excellent designs
Hyundai Heavy Industries won awards at the 2011 Design Award of the Federal Republic of Germany, the world’s largest shipbuilding firm said Wednesday.The winning products were two types of HiMSEN medium speed marine diesel engine and ship monitoring system ACONIS-DS (advanced control & integration system), the firm said.The HiMSEN engine is an environmentally friendly model which boasts higher out
Feb. 16, 2011
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Samsung, LG bet on solar energy devices
The country’s top electronics makers are attempting to make big investments in solar energy projects, designating them as a new future growth engine.At the EXPO Solar 2011 at the KINTEX in Gyeonggi Province on Tuesday, local electronics giants Samsung and LG Electronics both featured advanced solar modules which they claim are “highly efficient.”The event takes place as major firms have pledged ea
Feb. 16, 2011
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Kaspersky tips Android to dominate mobile
BARCELONA (AFP) ― Computer security expert Eugene Kaspersky predicted on Tuesday that Google’s Android smartphone operating system will come to dominate the market, reducing Apple and BlackBerry to niche players.Kaspersky, who founded the leading anti-virus firm Kaspersky Lab, said there is only “one company, one operating system which follows Microsoft’s strategy of the 1990s” when its Windows co
Feb. 16, 2011
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Dell quarterly net income more than doubles
SEATTLE (AP) ― Personal computer maker Dell Inc. said Tuesday its net income more than doubled in the most recent quarter to handily beat expectations, as businesses spent more on computers, servers and other technology.Dell also issued annual revenue guidance for the current fiscal year that beat Wall Street’s forecast. The results sent Dell’s shares soaring in extended trading after the report w
Feb. 16, 2011
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Buffett to visit Korea in March
Warren Buffett will visit South Korea in March to attend the groundbreaking ceremony for TaeguTec Ltd.’s second plant, which will double its production capacity.According to TaeguTec, a Daegu-based firm that specializes in producing tungsten and industrial cutting tools, Buffett will visit the company for the ceremony on March 21. Warren Buffett. BloombergAs he did during his first visit to Korea
Feb. 16, 2011
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Incheon Airport named world’s best for 6th year
Incheon Airport was selected the Best Airport Worldwide for the sixth consecutive year. (Yonhap News)Incheon International Airport was selected the Best Airport Worldwide in Airport Service Quality in 2010 for the sixth consecutive year, beating rivals Changyi Airport of Singapore and Hong Kong International Airport, The Ministry of Land, Transport and Maritime Affairs said Tuesday. It is the firs
Feb. 16, 2011
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Creditors to extend deadline for Daewoo Electronics sale
Creditors of Daewoo Electronics Corp. have decided to give two more months to Entekhab Industrial Group to help the Iranian electronics firm finance a deal to buy South Korea's third-largest electronics company, sources said Wednesday. Last November, state-run debt clearer Korea Asset Management Corp. (KAMCO) and other creditors sealed a deal to sell a combined97.5 percent stake in Daewoo Elec
Feb. 16, 2011