Most Popular
-
1
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
2
Golden chance to liquidate babies’ gold rings?
-
3
Inflation eases in April, continues bumpy ride
-
4
Seoul to more than double military drones by 2026 to counter NK threats
-
5
Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
-
6
Seoul alerts overseas missions to NK terror threats
-
7
Over 60% of S. Koreans support W100m childbirth incentive: survey
-
8
Key suspects grilled over alleged abuse of power in Marine death inquiry
-
9
‘Inside Out 2’ adds four new emotions, explores teenage life
-
10
Questions raised over fair promotion of RM, NewJeans
-
Google, Twitter on Samsung fridges
Samsung Electronics Co. said Monday that it will roll out new refrigerators in the U.S. market this month with a flat screen that displays services from Twitter Inc., Google Inc. and the latest news from The Associated Press. The company will release two new side-by-side fridges with an 8-inch touchscreen that displays short-message updates from Twitter and Google as well as news and weather infor
IndustryApril 18, 2011
-
KEPCO prize to honor research
State-run Korea Electric Power Corp. said Monday that it will launch a 200 million won ($180,000)-prize to acknowledge distinguished energy-related research. The biennial KEPCO Research Grand Prix, being introduced to mark the firm’s 50th anniversary this year, is aimed at encouraging and supporting the works of local researchers and academics, KEPCO officials said. Full university professors at r
IndustryApril 18, 2011
-
KCSC considers app filters to protect underage users
The authorities may introduce measures to limit underage smartphone users’ access to applications stores, sources said Monday.The Korea Communications Standards Commission is considering adding software to smartphones to limit access to adult content available in application stores, or setting up separate applications stores according to the content provided.While smartphone applications have grow
IndustryApril 18, 2011
-
[Meet the CEO] Medipost hopes to fuel stem cell renaissance
CEO reveals push for partnership with multinational pharmaceutical firmsKorea’s stem cell research is slowly showing signs of a renaissance as many scientists strive to mend its reputation, marred by a case of scientific fraud six years ago.Although the 2005 incident involving Prof. Hwang Woo-suk, once hailed as a global cloning pioneer, led to a slump in human embryonic stem cell study here, othe
CompaniesApril 18, 2011
-
Automakers unveil new models at China show
Global carmakers rolling out new SUVs, luxury sedans and concept cars at auto showHONG KONG (AP) ― Global automakers are bringing their flashiest SUVs, luxury sedans and electric concept cars to Auto Shanghai, China’s biggest auto show of the year, as the industry reels from disruptions caused by the massive earthquake and tsunami in Japan last month.The show has become one of the industry’s most
IndustryApril 18, 2011
-
Odd work schedules pose risk to health
WASHINGTON (AP) ― Reports of sleeping air traffic controllers highlight a long-known and often ignored hazard: Workers on night shifts can have trouble concentrating and even staying awake.“Government officials haven’t recognized that people routinely fall asleep at night when they’re doing shift work,” said Dr. Charles Czeisler, chief of sleep medicine at Brigham and Women’s Hospital in Boston.Cz
TechnologyApril 18, 2011
-
Dividends to foreigners grow 33 pct in 2010
South Korea's listed companies paid out 33 percent more in dividends to foreign shareholders in 2010 than a year earlier, helped by an increase in earnings, data showed Monday. A total of 4.97 trillion won ($4.6 billion) in dividends were paid to foreigners last year, compared with 3.73 trillion won in the previous year, according to the data by the Korea Exchange (KRX). Last year's dividend
April 18, 2011
-
S. Korean banks' foreign borrowing jumps in March
South Korean banks' mid to long-term foreign borrowing jumped in March from the previous month as they braced for rising global uncertainties, the financial regulator said Monday. Twelve local banks borrowed a total of $3.49 billion last month through overseas bond issuance and loans with a maturity over one year, $1.68 billion more than in February, according to the Financial Supervisory Se
April 18, 2011
-
Seoul shares inch down after strong start
South Korean stocks lost ground on Monday after a strong start as investors unloaded tech blue chips and bank shares, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) shed 1.29 points, or 0.06 percent, to trade at 2,139.21 in the first 15 minutes of trading. The KOSPI touched a record high of 2,149.45 as soon as the market opened, but tech and financial shares increase
April 18, 2011
-
Korea targets tax cheats in foreign havens
Kwon Hyuk, a reclusive shipping tycoon, shows how to get around paying taxes in and out of more than five trading borders while keeping over 10 trillion won ($9 billion) in assets.Register your business at a tax haven, stash all your profits there, and pretend you live abroad. Minimize paperwork. Even better if you can avoid the press.Kwon has been the main target of the Korean government’s latest
April 17, 2011
-
Nonghyup and IBM officials face probe over network crash
Prosecutors said Saturday they plan to summon witnesses to determine why the banking network of the country’s farm cooperative crashed.The Seoul Supreme Prosecutors’ Office said about 20 National Agricultural Cooperative Federation (Nonghyup) and IBM Korea employees will be questioned in relation to the network glitch that has affected services since late Tuesday.People have not been able to use N
April 17, 2011
-
Conglomerates step up efforts on ‘shared growth’
Local conglomerates are boosting their efforts to support subcontractors in line with the government-led “mutual growth” drive. The Lee Myung-bak administration has been keenly advocating shared prosperity between conglomerates and their smaller partners, urging the bigger firms to take the lead to help create a level playing field.With the launch of Commission of Shared Growth for Large and Small
IndustryApril 17, 2011
-
FSC to ease loan conditions for the poor
Overdue payments of less than 100,000 won no longer reflected in credit ratingsThe government on Sunday announced a set of measures to provide the poor with better access to financial sources as mounting household debts loom large over economic recovery. The package proposed by the Financial Services Commission centers on the overhaul of credit rating guidelines, market interest rates and individu
April 17, 2011
-
Global inflationary pressure should stabilize after Q2: Yoon
WASHINGTON (Yonhap News) ― Worldwide inflationary pressure brought on by soaring commodities and farm prices should stabilize after the second quarter of this year, Korea’s finance minister said Friday.In a meeting with reporters in Washington, Finance Minister Yoon Jeung-hyun said supply shortages in the agricultural sector, triggered by bad weather, are showing signs of stabilizing this month. H
April 17, 2011
-
Seoul stocks may hit record high this week
Korean stocks should be able to maintain their steady gains and strive to reach record-high levels this week, despite downside risks, local analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) ended last week at 2,140.50, up 12.53 points, or 0.6 percent, from a week earlier, extending its rally of weekly gains to a fifth straight week.The total market cap also reached a n
April 17, 2011
-
[Herald interview] IFA organizer expects 10% growth this year
ALICANTE, Spain ― The global trade show IFA to be held from Sept. 2-7 in Berlin is expected to grow 10 percent in size this year, said an executive of the organizing body Messe Berlin on Saturday.Jens Heithecker, IFA executive director at Messe Berlin, said the exhibition space ― 5,000 to 10,000 square meters more than last year’s 134,000 square meters ― has already been completely booked out duri
IndustryApril 17, 2011
-
The world’s fastest pick-up truck
MUNICH, Germany (DPA) ― BMW has built what it claims to be the world’s fastest pick-up truck, the BMW M3 pick-up, with an output of 309kW/420 hp under the bonnet and a top speed of 300 kph.The one-off concept vehicle was taken for “comprehensive testing” under strictest secrecy on the Nuerburgring racetrack on April 1, the car maker said.The rear-axle is said to have a load capacity of up to 450 k
MobilityApril 17, 2011
-
Porsche to mark 25 years in Korea
Stuttgart Sports Cars, the official importer and distributor of Porsche vehicles, is offering special deals on the Cayenne and 911 until June 30 as part of a year-long campaign celebrating the German luxury marque’s 25th year in Korea.During the period, those purchasing the Cayenne will be offered a chance to drive the Panamera 4 using Porsche’s finance service’s lease contract while waiting for t
MobilityApril 17, 2011
-
Infiniti Essence concept car on display
Nissan Korea is putting the Infiniti Essence concept car that made its Korean debut at the recent Seoul Motor Show in Infiniti showrooms across the country until the end of May. Infiniti EssenceThe vehicle is currently on display at Infiniti’s showroom in Gangnam District until the end of the month. The Essence will then be displayed at the Seocho-gu showroom until mid May.The concept car will the
MobilityApril 17, 2011
-
Hanbul Motors cuts engine oil prices
Hanbul Motors, the official importer and distributor of Peugeot vehicles, announced Thursday that it lowered the price of selected engine oils sold at official Peugeot service centers by 20 percent. There are 15 official Peugeot service centers located across the country.The engine oils with lowered prices are the Total Quarts 9000 used in Peugeot’s Euro IV diesel engine and the Total INEO used in
MobilityApril 17, 2011