Most Popular
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[Weekender] How DDP emerged as an icon of Seoul
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Rapper jailed after public street fight with another rapper
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Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
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Woman gets suspended term for injuring boyfriend with knife
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[KH Explains] No more 'Michael' at Kakao Games
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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AD Stars 2011 kicks off in Busan
BUSAN ― AD Stars 2011, an international advertising festival, kicked off its three-day event on Thursday in this southeastern port city of Busan.The event, which celebrates the fourth anniversary this year, was the world’s first on-offline convergence advertising festival. Some 700 advertising indus
Aug. 25, 2011
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Corporate Korea braces for post-Jobs Apple
The immediate impact of Steve Jobs’ departure from Apple is uncertain, but over the longer term, Korea’s corporate sector ― along with the rest of the world ― will surely feel the absence of the legendary IT visionary, industry watchers here said.“Jobs is a man who had a distinct vision and who crea
Aug. 25, 2011
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Dutch court rejects most Apple claims
Samsung says ruling affirms innovative qualities of its productsA ruling from a Dutch court rejecting most of Apple’s claims that Samsung’s smartphones and tablets infringe its intellectual property is expected to give the local electronics company an advantage in its ongoing legal dispute with the
Aug. 25, 2011
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Four out of five workers suffer aftereffects from vacation
Four out of five workers in Korea feel exhausted when they return to work after summer vacation, a poll showed on Thursday.According to Job Korea, a local online job search engine, about 77.8 percent of 457 respondents said that they are suffering from lingering fatigue from summer holidays.Of those
Aug. 25, 2011
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Caff Bene favored most among specialty coffee brands: survey
By Lee Ji-yoonCaff Bene, a Korean coffee house chain, received the best reviews in a recent consumer survey, while other local coffee retailers also scored high compared to international rivals.Korea Consumer Agency and KAIST Center for Fair Trade and Consumer Protection announced Wednesday the resu
Aug. 24, 2011
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Samsung Electronics expected to unveil new tablet
By Kim Ji-hyunSamsung Electronics is expected to roll out a tablet PC running on a Microsoft operating system at a global electronics trade show scheduled to open in Germany next month, industry sources said on Wednesday.The new tablet is reportedly the brainchild of the company’s IT solution busine
Aug. 24, 2011
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Homeplus ‘virtual store’ to open in subway station
By Lee Ji-yoonHomeplus, a local supermarket chain, said Wednesday it will open a “virtual store” in a subway station in southern Seoul so that customers can buy products without visiting an outlet. The virtual store will start operation from Thursday at Seonreung Station in Yeoksam-dong. According t
Aug. 24, 2011
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POSCO puts UV-coating to commercial production
By Choi He-suk POSCO began mass producing steel plates coated using ultraviolet rays on Wednesday, becoming the world’s first steelmaker to use the method on commercial scale. Named POSCOTE-UV, short for POSCO smart coating technology-ultraviolet, is more resistant to scratches and its surface is br
Aug. 24, 2011
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KEPCO leads the way for shared-growth
The country’s main electricity supplier Korea Electric Power Corp., which marked its 50th anniversary this year, is renewing its efforts to become a socially responsible company.In addition to drawing up plans for becoming one of the world’s top five energy and engineering firms by 2020, the c
Aug. 24, 2011
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Greenpeace finds toxic chemicals in branded clothing
BEIJING (AFP) - Traces of toxic chemicals harmful to the environment and to human health have been detected in products made by 14 top clothing manufacturers, Greenpeace said Tuesday.Samples of clothing from top brands including Adidas, Uniqlo, Calvin Klein, H&M, Abercrombie & Fitch, Lacoste, Conver
Aug. 24, 2011
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With sense of crisis, Korea braces for software war
Korea’s information technology industry is facing crisis after enjoying a top spot for about 20 years with the government only stressing hardware and thinking less of software.Following recent mergers of global firms, such as Google’s acquisition of Motorola and Hewlett-Packard’s takeover of Autonom
Aug. 23, 2011
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Samsung’s Lee stresses role of female executives
Samsung Electronics chairman Lee Kun-hee on Tuesday said women must be encouraged to become corporate CEOs when he lunched with a handful of the group’s female executives.“Women whose careers end before having a chance to become a CEO may not have fully exerted their potential,” Lee was quoted as sa
Aug. 23, 2011
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Top 4 firms lose big in bearish market
Companies with greater global exposure lost almost W130trThe stock value of local conglomerates took a nosedive this month, with the total market capitalization of the nation’s top four companies shedding 128.8 trillion won ($11.8 billion).The decline over the past 15 days was an average 22.8 percen
Aug. 23, 2011
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Sales of Samsung 3-D TVs plunge in China
South Korean electronics behemoth Samsung Electronics Co. is suffering a decline in sales of its 3-D TVs in China due to increased competition, an industry report showed Tuesday.According to the report by market research firm DisplaySearch, Samsung Electronics accounted for 9.3 percent of the 3-D TV
Aug. 23, 2011
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‘Jeonse’ deposits exceed 50% of home prices
“Jeonse” prices soared in the metropolitan area to exceed half the value of new homes last month, research found Tuesday. The lump sum deposit that a tenant has to pay to the landlord reached 50.1 percent of home prices last month, the highest since 2006, research firm Real Today said. A passe
Aug. 23, 2011
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Online sales of gold items rise sharply
A growing number of Koreans are turning to online retailers to purchase gold items at cheaper prices amid skyrocketing prices of pure gold here. G-Market, a leading online retailer, said Monday that its sales of solid gold items had increased almost sevenfold as of Aug. 15 compared to the same perio
Aug. 22, 2011
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E-Mart to build logistics complex
E-Mart, Korea’s No. 1 discount store chain, said Monday that it will invest about 400 billion won ($370 million) to establish a logistics complex in Gyeonggi Province by 2014. The complex, located at a 500,000 square meter site in Anseong, 77 kilometers south of Seoul, will become the nation’s large
Aug. 22, 2011
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Foreign investors’ H1 profits soar
Foreign investors saw the second largest returns on record during the first half of the year, Bank of Korea data showed Monday.According to the central bank, foreign investors’ profits for the first six months of the year rose 6.6 percent from the same period last year to come in at over $8.33 billi
Aug. 22, 2011
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Samsung, LG sweep global TV market
Local companies beating out Japanese TV makers with brisk 3-D TV salesSamsung and LG led the global television market during the second quarter of this year on the back of brisk sales of 3-D TVs and other high-end sets, research institute data showed on Monday. Samsung Electronics stood at No. 1 in
Aug. 22, 2011
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Overseas investment hits new high in H1
Korea’s direct overseas investment more than doubled in the first half of the year to a record high of $26.9 billion on the back of vigorous resources development projects, the government said Monday.The figure translates to a 132 percent rise from about $11.6 billion a year earlier and amounts to m
Aug. 22, 2011