Most Popular
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Yoon's approval rating plunges to all-time low
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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S. Korea votes in favor of Palestinian bid for UN membership
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Chinese man behind drug scam targeting teens nabbed in Cambodia
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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[Graphic News] French bulldog most popular breed in US, Maltese most popular in Korea
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[Photo News] Seoul Motor Show
Models pose with cars being showcased at the Seoul Motor Show. The biennial event kicked off on Thursday with a media preview. (Kim Myung-sub/The Korea Herald)<관련 한글 기사>2013 서울 국제모터쇼 미모의 레이싱걸 '화제'2013 서울 국제모터쇼가 28일 경기 고양 일산 킨텍스에서 프레스데이를 시작으로 개막했다.한국자동차산업협회·한국수입자동차협회·한국자동차공업협동조합이 주최하고, 지식경제부·환경부·국토해양부·고양시가 후원하는 이번 모터쇼는 4월 7일까지 열 린다.
MobilityMarch 28, 2013
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Seoul shares little changed amid Cypriot woes
South Korean stocks closed almost flat Thursday as investors were worried that the Cypriot bailout could set a bad precedent for other troubled eurozone nations, analysts said. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index added 0.08 points to finish at 1,993.52. Trading volume was moderate at 355.0 million shares worth 3.38 trillion won (US$3.05 billion) with gainers outstripping losers 409 to 385."The Cypriot bailout has left open the possibil
BusinessMarch 28, 2013
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Cyberwar may be slowing entire Internet
LONDON -- A cyberbattle between a European spam-fighting group and a Dutch Web host may be the biggest public Internet battle in history, experts say. Spam-fighting organization Spamhaus, with offices in London and Geneva, works with email providers around the globe to block spam from entering inboxes. It has been in a battle in the last week with Dutch website hosting company Cyberbunker after adding it to its spam “blacklist,” CNET reported Wednesday. Cyberbunker has based its business on a
TechnologyMarch 28, 2013
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Sleeping babies hear parents’ angry voices
A new study revealed that babies exposed to their parents arguing are more vulnerable to stress, even when they are asleep.“We were interested in whether a common source of early stress in children‘s lives -- conflict between parents -- is associated with how infants’ brains function,” said Alice Graham, a doctoral student involved in the study.Researchers at the University of Oregon tested the brains of 20 sleeping babies, exposing them to voices with four different kinds of emotions -- very a
TechnologyMarch 28, 2013
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High heels lead to stronger ankles: study
Looking at a woman tottering on 10 cm high heels might make one wonder what could happen to her ankles or her back in the future.The damaging effects of high heels are well documented, but researchers have suggested a silver lining -- that wearing high heels could strengthen the ankles.A research team at Korea University studied the ankle joint movements and muscular strength of two groups of women -- those who wear high heels on a daily and those who do not. The average height of heels was 8 cm
TechnologyMarch 28, 2013
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Savings bank depositors to sue KDIC
The state-controlled Korea Deposit Insurance Corp. is facing a lawsuit from a group of consumers who suffered losses on locked deposits in the wake of the 2011-12 savings bank woes, industry sources said Thursday.A great number of consumers were unable to withdraw their deposits as financial authorities suspended operations of 26 mutual savings banks from January 2011 to February 2013.The disgruntled depositors for the 26 secondary banks nationwide are poised to file a joint claim against the KD
March 28, 2013
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Social isolation can kill seniors
People age 52 and older who are socially isolated are at higher risk of dying, than those not socially isolated, British researchers say.Andrew Steptoe, Aparna Shankar, Panayotes Demakakos and Jane Wardle of the University College London said they assessed social isolation in terms of contact with family and friends and participation in civic organizations in 6,500 men and women age 52 and older who took part in the English Longitudinal Study of Aging in 2004-05. A standard questionnaire measure
TechnologyMarch 28, 2013
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High protein breakfast may limit snacking
Overweight/obese, “breakfast skipping,” teen girls who ate a high-protein breakfast reduced their unhealthy snacking later in the day, U.S. researchers say.Heather Leidy of the University of Missouri said the study involved 20 overweight or obese adolescent females ages 18-20 who either skipped breakfast, consumed a high-protein breakfast consisting of eggs and lean beef, or ate a normal-protein breakfast of ready-to-eat cereal. Each breakfast consisted of 350 calories and was matched for dietar
TechnologyMarch 28, 2013
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Seoul shares down 0.3 pct in late-morning trade
South Korean stocks traded 0.3 percent lower late Thursday morning, led by losses in large-cap tech firms and banks, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) shed 5.96 points to 1,987.48 as of 11:20 a.m.LG Electronics, South Korea's major home appliance maker, fell 1.5 percent, with the state-run Industrial Bank of Korea retreating 2 percent. In contrast, autos and utilities gained ground, with No. 1 player Hyundai Motor rising 0.5 percent and state-run electricity
BusinessMarch 28, 2013
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Seoul shares open lower on Cyprus woes
South Korean stocks got off to a weak start Thursday as worries grew over a possible spillover effect of the Cyprus bailout that may hurt the troubled eurozone, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) slipped1.55 points, or 0.08 percent, to 1,991.89 in the first 15 minutes of trading. Blue-chip exporters and financial companies drove down the shares, with tech heavyweight Samsung Electronics falling 0.3 percent and No. 1 lender by assets Woori Finance Holdings losi
BusinessMarch 28, 2013
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Study: Finnish money Europe‘s dirtiest
Researchers at Britain‘s Oxford University said bank notes from Denmark and Sweden have more bacteria than any other European cash. Ian Thompson, professor of engineering science at Oxford, said his team found a piece of paper money in Europe carries an average 26,000 bacteria, while Danish krone were found to have an average 40,266 bacteria and Swedish kroner had an average 39,600 bacteria, The Local.se reported Wednesday. Thompson and his fellow researchers said they found the euro was the cle
TechnologyMarch 28, 2013
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KDB Financial chief offers to resign
The head of South Korea's state-run KDB Financial Group Co. has offered to resign, its officials said Thursday, amid growing pressure from the government for a big reshuffle of major banking chiefs. Kang Man-soo, the chairman of KDB Financial Group and its banking unit Korea Development Bank, has already tendered his resignation to the government, soon after President Park Geun-hye named the new chairman of the Financial Services Commission (FSC), the country's top regulator, according to people
March 28, 2013
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S. Korea's current account surplus widens in Feb.
South Korea's current account surplus widened in February from the previous month as imports declined faster than exports, and a deficit of the service account narrowed, the central bank said Thursday.The current account surplus reached US$2.71 billion in February, up from a revised $2.33 billion the previous month, according to the Bank of Korea (BOK). The current account is the broadest measure of cross-border trade.The February gain was the largest since November, marking the 13th straight mo
March 28, 2013
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‘Mystery shapes’ prompt alien buzz in U.S.
Unidentified shapes recently found in a small U.S. town are stirring talk of aliens, livescience.com reported Tuesday.According to the report, Peggy Gervase from Eden, New York found an unusual pattern -- which resembled large polka dots -– in snow covering a pond near her home. The shape is reminiscent of mysterious crop circles, which are regarded to some as evidence of extraterrestrial life forms.“I‘ve never seen this before in our pond... It’s eerie in a way, but cool in a way,” Gervase said
TechnologyMarch 27, 2013
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Fair Trade Commission investigates controversial rive project
The Fair Trade Commission on Wednesday launched an investigation into five construction companies on allegations that they colluded in a controversial project to refurbish the nation's major rivers pushed under the Lee Myung-bak administration.Those included were Doosan E&C, Hanjin Heavy Industries and Construction Co., Samwhan Corp., Hall Engineering & Construction Corp. and Kyeryong Construction, which joined a consortium to earn the river project. Earlier in the day, investigators were dispa
March 27, 2013
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S. Korea to unveil economic stimulus
The Park Geun-hye government is set to introduce its first package of economic measures aimed at boosting jobs and the sustainability of small and medium enterprises.The Ministry of Strategy and Finance headed by Deputy Prime Minister Hyun Oh-seok is set to reveal to the public its stimulus plans on Thursday after a last-minute check with President Park, whose priority is improving job growth in the country entering a low-growth period.A ministry official said Thursday’s announcement would show
March 27, 2013
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[Graphic News] Consumers’ optimism about economy grows
Consumers’ expectations for economic recovery in March marked the highest in 10 months, the Bank of Korea said on Wednesday. The BOK’s data showed that the consumer sentiment index hit a record-high 104 in March, a two-point increase from a month ago. A CSI over 100 means that consumers have a positive view of the country’s economic status. Additionally, the consumer sentiment for expenditure reached as high as 109, implying that consumers find themselves capable of spending more money in the fu
March 27, 2013
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Ministers to speak on new government’s economic policies
The Korea Herald, the largest English-language daily in South Korea, will hold a special conference on President Park Geun-hye’s key policies that will not only affect Korean businesses but also foreign companies operating here.Slated for April 18, 2013, the event titled “Hear from the New Korean Government: Policies and Reforms over the Next Five Years” will offer a rare chance for top government officials to explain policies. The Korea Herald has invited several senior ministerial-level speake
March 27, 2013
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KOIMA calls for support for import biz
As the world’s eighth-largest trading country, Korea now needs to acquire a balanced view on trade and appreciate the significance of imports, said the new president of the Korea Importers Association.“Imports take up almost half of the country’s total trading volume, which has exceeded the $1 trillion level for the past consecutive years,” said Shinn Tae-yong.“Korea’s trade perspective is still focused on exports only and imports are considered a negative factor, which cuts down on the trade su
March 27, 2013
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KNOC discovers ‘significant amount’ of oil in Iraq
The state-run Korea National Oil Corp. has discovered a “significant amount” of oil in Hawler oil field, northern Iraq, where it has a 15 percent stake, the company said Wednesday. Switzerland’s Oryx Petroleum has a 65 percent stake in the block, while the Kurdish local government holds the remaining 20 percent. The KNOC did not disclose an estimate for the oil reserves in the block, saying a more comprehensive study was required for such figures.But it added that a drill stem test had yielded a
March 27, 2013