Most Popular
-
1
[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
-
2
Yoon seeks rebound, taps 5-term lawmaker as chief of staff
-
3
Medical standoff deepens as doctors reject new med school plan, talks
-
4
[Herald Interview] Why Toss invited hackers to penetrate its system
-
5
[Graphic News] 77% of young Koreans still financially dependent
-
6
S. Korean envoys convene to navigate strategy amid Middle East tensions
-
7
North Korea fires several short-range ballistic missiles into sea: JCS
-
8
[Exclusive] Korean military set to ban iPhones over 'security' concerns
-
9
Samsung, SK hynix investors dump shares on Nvidia crash
-
10
Suspect in murder of girlfriend's mugshot, name made public
-
SK Telecom taps into China mobile game market
SK Telecom joined hands with China’s No. 1 wireless carrier to tap into one of the world’s fastest growing mobile game markets.ST Telecom and China Mobile’s game business unit signed a memorandum of understanding on Friday in China for cooperation in content, platform and networking technologies.China’s mobile game market has grown 100 percent annually for the past three years with the number of u
April 10, 2011
-
Hyundai Heavy completes world’s largest gas power plant
Hyundai Heavy Industries announced Sunday that it completed building the world’s largest gas-powered power station in Saudi Arabia.Located in Jubail in Eastern Saudi Arabia, the plant was built as part of a $2.7 billion contract for a power and desalination plant issued by the state-run utilities firm Marafiq in 2007. The contract was awarded to an international consortium composed of Hyundai Heav
IndustryApril 10, 2011
-
Korean firms seek ‘optimum’ bid for Brazil bullet train project
The South Korean consortium bidding for Brazil’s $20-billion high-speed rail service downplayed the impact of its recent loss of construction partners.The group said it is in talks with big-name constructors in Korea such as Hyundai Engineering and Construction and POSCO Engineering and Construction to form a new lineup before submitting its proposal. It is also contacting some large Brazilian con
IndustryApril 10, 2011
-
Korea, U.S. regulators differ on KEB status
FSC delays ruling on Lone Star’s shareholder eligibility to April 27Korea Exchange Bank has been barred from operating deposit businesses in the U.S. since Lone Star Funds took over the lender in 2003, in contrast to Korea where there have been no such restrictions, sources said Sunday.The restriction indicates that U.S. regulators regard Lone Star as a non-financial investor, they said.“It seems
April 10, 2011
-
Seoul stocks expected to see moderate gains
Korean stocks will continue to rise this week but the gains will likely be limited by rising oil prices and other economic woes stemming from Japan’s earthquake and continuing war in Libya, analysts said.The benchmark KOSPI ended last week at 2,127.97, up 6.96 points or 0.32 percent from a week earlier, extending its rally of weekly gains to a fourth consecutive week.The total market cap also reac
April 10, 2011
-
China FTA to boost Korea’s economy by nearly 3%: SERI
A free trade deal with China would help Korea expand its gross domestic product by nearly 3 percent, a think tank said Sunday, citing more exports to the fast-growing market through lowered trade barriers.According to a report by the Samsung Economic Research Institute, Korea’s GDP is expected to grow 2.72 percent more if Seoul and Beijing complete a free trade agreement intended to cut or remove
April 10, 2011
-
Quake’s harm to Korean economy limited
Steelmakers, oil refiners benefit from damaged production in JapanThe March 11 earthquake and tsunami in Japan is seen as having a limited, short-term impact on the Korean economy despite having disrupted parts supplies for automobile and electronics makers, experts said Sunday. In fact, some sectors including steel and oil refining are benefiting from the damaged production in the neighboring cou
April 10, 2011
-
Interest-free installment on Nissan models
Nissan Korea is offering special financing programs on the Altima+ sedan and the crossover utility vehicle Murano until the end of the month.With the Altima+ 3.5 and the Murano, the company is offering a 36-month interest-free installment program with 35 percent of the price paid up front. AltimaFor the Murano, the company will also provide a 4 million won ($3,700) fuel voucher to those making the
MobilityApril 10, 2011
-
Kia offers checkups to mark 10 millionth export
Kia Motors Corp. is offering free checkups to mark its exports hitting over 10 million units on March 23. As part of the event, the company will be offering checkups to Kia owners living on major islands scattered along the coast of the country, including Ullenung island in the East Sea, until May 19. Starting Tuesday, the company will check the air conditioning systems fitted in Kia vehicles used
MobilityApril 10, 2011
-
Limited-time offer on Peugeot 207GT
Hanbul Motors, Korea’s official Peugeot importer and distributor, is offering a special financing scheme on the 207GT during April to mark the model’s global sales breaking the 2 million mark.Until the end of the month, those purchasing the vehicle can choose between a 24-month interest-free installment program or a lease financing scheme. Peugeot 207GTUsing the zero-interest installment program,
MobilityApril 10, 2011
-
Hyundai, NHN step up IT efforts
Hyundai Motor Group announced Sunday that its two carmakers signed a memorandum of understanding with NHN Corp. to collaborate in the field of automotive information technology and telematics.NHN is the operator of the country’s top search engine Naver. Combining telecommunications and informatics, telematics for automobiles refers to the application of wireless telecommunications tools including
MobilityApril 10, 2011
-
Counting your sugar intake for the day
With awareness of healthy eating greater than ever, people are on the search for food with fewer calories and less sugar.“Sugar Stacks" (http://www.sugarstacks.com/) is a website that lists the amount of sugar contained in popular foods.The website may help in preventing the unintentional consumption of too much sugar.By Kang Yoon-seung (koreacolin@gmail.com)Intern reporterEdited by John Power<한글요
TechnologyApril 10, 2011
-
Seven out of 10 workers regret changing jobs
(MCT)Seven out of 10 people who have changed their jobs regret their decision, research showed Friday.Job site Saramin (http://saramin.co.kr) said that 67 percent of respondents were not satisified with their new jobs in a survey conducted on 1,409 Koreans who have sought new opportunities in different companies.In the survey, 34.3 percent of those answered said they regret their decision because
April 10, 2011
-
CJ Cheiljedang to invest W3tr on bio products
CJ Cheiljedang Corp. will spend three trillion won ($2.78 billion) by 2015 on building facilities and an R&D center to make bio products, the food maker said Friday. “We’re making investment into our Asia and North American market where we will invest about three trillion won,” it said. The investment may include building new factories or establishing strategic alliance with food companies abroad,
IndustryApril 8, 2011
-
Home prices, rents grow faster than income
In Korea, it takes more than a decade for the average salaried worker to buy his or her own house, as numerous surveys have shown over the years. But now it looks like renting homes has become equally trying, according to data released by a local property-information portal on Friday. Real Estate Bank said “jeonse” costs are surging as more people opt to rent homes instead of buying them, not to m
IndustryApril 8, 2011
-
[News focus] Seoul faced with calls to slash oil taxes
Government twists refiners’ arms but under fire for failing to share responsibilityThe heat is increasingly being turned on the government for failing to curb the soaring gas prices, especially as critics are pounding Seoul for failing to address a more direct cause of the price increase ― the high taxes slapped onto gas. Instead, the government has turned to twisting the arms of local refiners to
April 8, 2011
-
N-Screen service becomes popular in one-person-multi-device era
Getting connected to the Web on a smartphone, while simultaneously watching a show on a smart TV is becoming a common scene for many people nowadays as the country enters a “one-person-multi-device era.”The number of people who own multiple smart gadgets ― such as smartphones, tablet PCs and smart TVs ― is rapidly increasing, pushing telecoms to introduce N-Screen (numerous screen) services which
IndustryApril 8, 2011
-
Shinsegae heir ready to tie the knot again?
Rumors fly over Shinsegae heir marriage plansBy Kim Ji-hyunChung Yong-jin, 42, vice chairman of Shinsegae Group, may be ready to tie the knot -- again -- this time with flutist Han Ji-hee, according to inside sources.Sources said that Han, 30, and Chung are making preparations for a wedding ceremony next month. Chung’s fiancee teaches at Sungshin Women’s University and has studied in Austria, Fran
IndustryApril 8, 2011
-
S. Korea's producer price growth hits 28-month high in March
South Korea's producer prices grew at the steepest pace in 28 months in March on the back of a hike in oil and commodity prices, the central bank said Friday, indicating growing inflationary pressure. The producer price index, a barometer of future consumer inflation, jumped 7.3 percent in March from a year earlier, up from6.6 percent tallied the previous month, according to the Bank of Korea (
April 8, 2011
-
Knowing the facts on antibiotics
More than half of Koreans still believe penicillin can treat coldsThere was a time when antibiotics were used as “magic drugs” to cure any illness or disorder. From treatments for small inflammations to coughing, people wanted antibiotics.But antimicrobials are often associated with various side effects and invite resistance ― some diseases such as multidrug-resistant tuberculosis are now untreata
TechnologyApril 7, 2011