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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[Weekender] How DDP emerged as an icon of Seoul
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Seoul to provide housing subsidy to married couples with newborns
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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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Rapper jailed after public street fight with another rapper
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[Music in drama] An ode to childhood trauma
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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'The Roundup: Punishment' becomes fastest 2024 film to top 2 mln admissions
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President calls for front-loaded spending preparations for 2012 budget
South Korean President Lee Myung-bak called on the government Thursday to prepare for front-loaded spending of next year's budget to help the country overcome both domestic and foreign economic challenges.He said after receiving a policy report from the Fair Trade Commission that every effort must b
Dec. 15, 2011
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Arthritis tied to cardiovascular deaths
About 40 percent of rheumatoid patients are likely to die of cardiovascular disease, a group of doctors claimed here Tuesday. They called for higher public awareness of rheumatoid arthritis and other disorders conventionally referred to as rheumatism here. According to Dr. Bae Sang-cheol and Dr. Choi Chan-beom’s joint study of 4,721 rheumatoid arthritis patients, about 25 percent suffered from various cardiovascular diseases. About 15 percent had diabetes or other endocrine system disorders and
TechnologyDec. 15, 2011
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Lactobacillus effective against atopic eczema
Lactobacillus has been proven effective in easing atopic eczema, osteoporosis, diabetes symptoms and irritable bowel syndrome. According to eight-week research by professor Choi Chang-hwan of Chung-Ang University Medical Center, IBS patients given Duolac7, an agent containing lactobacillus, showed 50 percent improvement compared to those given placebo’s 13 percent improvement.In other research by Dr. Lee Hyun-ki of Cell Biotech, the manufacturer of Duolac7, those given calcium and lactobacillus
TechnologyDec. 15, 2011
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Tiniest babies are growing up healthy despite odds
CHICAGO (AP) ― One is a healthy first-grader, the other an honors college student majoring in psychology. Once the tiniest babies ever born, both girls are thriving, despite long odds when they entered the world weighing less than a pound.A medical report from the doctor who resuscitated the infants at a suburban Chicago hospital is both a success story and a cautionary tale. These two are the exceptions and their remarkable health years later should not raise false hope: Most babies this small
TechnologyDec. 15, 2011
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ADHD drugs safe for adults’ hearts, research finds
CHICAGO (AP) ― Ritalin and other drugs used to treat attention deficit disorder are safe for adults’ hearts, even though they can increase blood pressure and heart rate, according to the largest study of these medicines in adults.The results echo findings in a study of children with ADHD, by the same researchers, published last month.The review of health records for more than 440,000 adults aged 25 to 64 showed those taking ADHD drugs had about the same number of heart attacks, strokes and sudde
TechnologyDec. 15, 2011
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Tourettes and other tic disorders
Stress is believed to be the most probable aggravating factor of tics. Most tics go away as children become older. However, complex tics that lead to strong discomfort, physical damage, and functional disorders require close consultation with specialists. Children affected by chronic tic disorders or Tourette’s Disorder, with motor tics or vocal tics that persist for more than a year, must seek psychiatric help.Signs and symptomsA tic is an involuntary, recurrent and sudden movement of a part of
TechnologyDec. 15, 2011
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Study finds skin cancer link to smoking
Female smokers four times more likely to get form of non-melanoma tumorsThere are scores of reasons not to smoke, and a recent study has added one more: it may cause skin cancer.Dr. Dana Rollison of the Moffitt Cancer Center recruited 698 participants ― 383 diagnosed with basal cell carcinoma or squamous cell carcinoma, both skin cancers, and 315 with no history of skin cancer. The researchers found smoking was associated with non-melanoma skin cancer overall and that the risk increased with
TechnologyDec. 15, 2011
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Lone Star documents disclosed in 8 years
FSC follows court’s ruling to publicize U.S. fund’s eligibilityThe Financial Services Commission has made public its records on Lone Star Funds in the eight years since the regulator approved the fund’s takeover of Korea Exchange Bank in 2003.On Thursday, the FSC sent related documents on Lone Star to the civic group Solidarity for Economic Reform.The documents involve the regulator’s ruling as to whether the U.S.-based fund was eligible to own KEB between September 2003 and June 2006.After a fo
Dec. 15, 2011
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Lone Star documents disclosed in 8 years
FSC follows court’s ruling to publicize U.S. fund’s eligibilityThe Financial Services Commission has made public its records on Lone Star Funds in the eight years since the regulator approved the fund’s takeover of Korea Exchange Bank in 2003.On Thursday, the FSC sent related documents on Lone Star
Dec. 15, 2011
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Hyundai Motor Group set to outshine Samsung Group in 2011 earnings
South Korea's top automotive group Hyundai Motor Group is expected to post bigger earnings this year than Samsung Group, the country's biggest family-controlled conglomerate, data showed Thursday.The combined earnings of Hyundai Motor Group's eight listed affiliates are projected to reach 18.05 tril
IndustryDec. 15, 2011
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Lotte inks MOU with L.A. on film tie-up
Lotte Group, one of the country’s largest conglomerates, signed a deal with the City of Los Angeles on Wednesday for economic and cultural cooperation in the film industry, company officials said. Under the MOU between the group’s chairman Shin Dong-bin and Los Angeles Mayor Antonio Villaraigosa, the U.S. city will support Lotte Group’s affiliate, Lotte Cinema, to launch its first office in the city. The city of Los Angeles will also help Lotte Cinema find and set up connections within the Holly
IndustryDec. 14, 2011
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Hyundai Heavy names new chief
Hyundai Heavy Industries promoted the head of its construction equipment division Choe Byeong-ku to president and chief executive of the company in a regular reshuffle of executives. Born in 1951, Choe became an executive of Hyundai Heavy in 1999 and was named chief of the construction equipment division in 2009. He became senior executive vice president last year.Hyundai Heavy said its executive-level shakeup on Tuesday was focused on bolstering its electo electric systems, engine and machinery
IndustryDec. 14, 2011
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KCCI chief speaks up against profit-sharing
Sohn Kyung-shik, chairman of the Korea Chamber of Commerce and Industry, expressed his opposition to forcing large companies to share profits with suppliers by law.“Everyone agrees that large and small businesses must cooperate, but you can’t force (profit-sharing) by law because each company has its own situation,” Sohn said during a year-end press conference in downtown Seoul on Tuesday.“Both sides should reach an accord through dialogue. I don’t think it is impossible to come to an agreement.
IndustryDec. 14, 2011
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Samsung Electronics restructures for next year
Samsung Electronics said Wednesday that it has restructured its organization, dividing it into two separate units ― digital media/communications and device solutions ― for independent operations.Consumer electronics and information technology and mobile communications will be included in the digital media and communications unit, which will focus on finished goods.Yoon Boo-keun, who served as the president of Samsung’s visual display business, will lead the consumer electronics business that inc
IndustryDec. 14, 2011
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Nuclear reactor hiccups stoke power supply jitters
A series of breakdowns of nuclear reactors and power plants is fueling concerns over power shortages this winter despite Korea’s all-out efforts to increase supply and ward off a blackout.On Wednesday morning, a 950,000-kilowatt nuclear reactor in Gori, South Gyeongsang Province, was brought to an abrupt halt due to a temporary overvoltage. That came merely 12 hours after a reactor with a capacity of 1 million kilowatts in Uljin, about 330 kilometers southeast of Seoul, came to a standstill due
IndustryDec. 14, 2011
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POSCO shares in focus after founder’s death
Steelmaker’s share stages tenfold growth on solid performancePOSCO shares attracted public attention again on Wednesday, one day after its founder and honorary chairman Park Tae-joon died. The country’s representative steelmaker is the No. 3 stock on KOSPI, with its market capitalization valued at 34.2 trillion won, easily outpacing other blue-chip shares. POSCO, whose shares closed up 500 won at 390,000 won on Wednesday, is widely regarded as one of the favorites for investors at home and abroa
Dec. 14, 2011
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Korea pays tribute to Park
Major figures in business and politics gave tribute on Wednesday to POSCO’s founder and honorary chairman Park Tae-joon who died on Tuesday at 84.“Honorary chairman Park Tae-joon has always been the pillar for us and we feel deeply sad about his death,” said Chung Joon-yang, chairman of POSCO, at Severance Hospital in Seoul on Wednesday. “Honoring his dedication, POSCO employees will make efforts to turn the company into the leading steelmaker in the world.” Chung cut short his business trip sch
IndustryDec. 14, 2011
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Youth jobless rate continues to rise
Unemployment rate held at a three-year low in NovemberThe youth jobless rate inched up half a percent point from a year earlier to 6.8 percent in November even as the overall jobless rate stayed at a three-year low for a second month, Statistics Korea said Wednesday. The agency said the November jobless rate for those aged 15-29 grew 0.1 percent over a month. The number of graduates in their 20s who found new jobs in November fell to 3,535,000, down 40,000 from the same time last year. The figur
Dec. 14, 2011
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SK Telecom reaches 500,000 4G subscribers
SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday that the number of fourth-generation wireless subscribers has topped 500,000 in about five months. In July, SK Telecom kicked off the long-term evolution network in Seoul, offering faster wireless data than the third-generation network for data-hungry smartphone users. The carrier has since launched 10 new mobile devices compatible with the new high-speed data service. The mobile operator said the growth rate of the 4G service
TechnologyDec. 14, 2011
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Cheong Kwan Jang sets exports milestone
Cheong Kwan Jang, the Korean red ginseng brand name owned by Korea Ginseng Corp., saw its exports to overseas markets surpass $100 million this year. The market leader in Korea said Wednesday that its exports reached $115 million as of October and were expected to exceed $128 million by the end of this year. The highest-ever figure is a 75 percent jump from $73 million last year, the company said. Cheong Kwan Jang has set up overseas operations in China, Taiwan, Japan and the United States and i
IndustryDec. 14, 2011