Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Golden chance to liquidate babies’ gold rings?
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Inflation eases in April, continues bumpy ride
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Seoul to more than double military drones by 2026 to counter NK threats
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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Korea, China, Japan agree on basic rules for FTA talks
Having confirmed their common demand for an economic, social and political unity, Korea, China and Japan agreed to add momentum to their tripartite free trade agreement talks.The trade representatives of the three Northeast Asian states met in Seoul for the first time to discuss concluding a trilateral free trade pact and held negotiations for three days until Thursday.“Through this first official round, we set up a set of terms of reference, including the basic principles of the upcoming negoti
IndustryMarch 28, 2013
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KDB, LH chiefs to resign
Kang Man-soo, chairman of state-owned KDB Financial, has expressed his intention to resign, a widely expected move following the head of Korea’s financial regulatory body showing determination to overhaul financial holding companies.Lee Ji-song, CEO of the state-run real estate developer LH Corp., also followed suit, fanning speculation that the resignations may affect other state-run firms’ heads who were appointed when Lee Myung-bak was president. Company officials said he tendered his resigna
March 28, 2013
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Depositors to sue KDIC
State-controlled Korea Deposit Insurance Corp. is facing a lawsuit from consumers who suffered losses on locked deposits in the wake of the 2011-12 savings bank debacle, industry sources said Thursday.Many customers were unable to withdraw their deposits when financial authorities suspended the operation 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 KDIC with Seoul Admini
March 28, 2013
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Ford Korea sets sights on 30% growth
Ford Korea expects its sales this year to grow by at least 30 percent on-year through a combination of fuel-friendly cars and aggressive investment. “We are confident about achieving this goal,” said Jung Jae-hee, president of Ford Sales and Service Korea as well as chairman of the Korean Automobiles Importers and Distributors Association, in an interview with The Korea Herald. The 30 percent target is about double the 15 percent growth rate expected by experts and industry watchers for the impo
IndustryMarch 28, 2013
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Explore the world with QM3
All cars have a niche audience they cater to, and in the case of the QM3, the quirky yet stylish new “compact” SUV from Renault Samsung, the target consumer will be a bit more adventurous than most. “We hope with the QM3, we create, and not only follow trends. We don’t want to be on the defensive ―we want to be on the offensive,” said Laurens Van Den Acker, Renault’s head of design, who was in Seoul for the Seoul Motor Show on Thursday. A bright orange QM3 sat glistening on the showroom floor at
IndustryMarch 28, 2013
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Legendary car designer at Seoul Motor Show
Legendary car designer Ian Callum of Jaguar, who was visiting Korea for the first time to attend the Seoul Motor Show, picked Kia’s Sportage as his favorite design among Korean cars. “The Sportage has really great design. I think it’s exaggerated but it’s good when it comes to car design. It gives a character to a car,” he said in an interview with The Korea Herald. The design director for Jaguar and man behind the British carmaker’s renaissance over the past decade joined the Seoul event to per
IndustryMarch 28, 2013
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Korean carmakers eye home advantage
GOYANG, Gyeonggi Province ― More than 300 vehicles, including nine world debuts and 16 new introductions in Asia, will show off their beauties at the Seoul Motor Show which kicked off Thursday starting with a media preview. Korean carmakers, among other players, have geared up to prevail during the largest automotive event held on their home turf. Korean auto giant Hyundai Motor dominates the largest exhibition space of 6,800 square meters and shows off 38 vehicles, including the HND-9, a luxury
MobilityMarch 28, 2013
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COEX appoints new CEO
COEX, an exhibition and convention center in Samseong-dong, southern Seoul, appointed Byun Bo-kyung, former head of Seoul Business Agency, as new CEO, the Korea International Trade Association, the owner of COEX, said Thursday. Byun, 60, has built global leadership in the information technology sector, serving LG-IBM PC and Kolon Information and Technology as CEO. He entered the exhibition and convention industry in 2011 as CEO of the Seoul Business Agency, which carries out exhibitions and conv
March 28, 2013
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Seoul says FTA talks with Japan, China end with progress
SEOUL -- South Korea, Japan and China made small but significant progress in their first round of talks aimed at signing a three-way free trade agreement (FTA), laying down a set of "detailed rules" on how future negotiations will proceed, Seoul's trade ministry said Thursday. The first round of FTA talks between the three countries had been held here since Tuesday. Two more rounds of negotiations will be held before the end of the year with the second round slated to be held in China in Ju
March 28, 2013
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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