Most Popular
-
1
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
2
Inflation eases in April, continues bumpy ride
-
3
Golden chance to liquidate babies’ gold rings?
-
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
‘Inside Out 2’ adds four new emotions, explores teenage life
-
9
Questions raised over fair promotion of RM, NewJeans
-
10
Key suspects grilled over alleged abuse of power in Marine death inquiry
-
Obama pushes for clean energy work
Shifting from imported oil to cleaner forms of energy will help boost job creationWASHINGTON (AP) ― President Barack Obama says shifting the U.S. away from imported oil and toward cleaner forms of energy will add momentum to a trend that has led to 1.8 million new jobs in the past 13 months.Obama used his weekly radio and Internet address Saturday to promote his ideas for bringing down gasoline pr
April 3, 2011
-
S. Korea firms urged to prepare for increased competition in India
South Korean companies should be prepared for fierce competition with Japanese rivals in India following New Delhi's signing of a free trade agreement with Tokyo, a local trade body said Sunday. Japan and India signed a comprehensive economic partnership agreement (CEPA) in February, which, once implemented, will remove around 94 percent of import tariffs on both sides, according to a report b
April 3, 2011
-
[Herald Interview] Citroen reenters Korea with higher hopes
French carmaker Citroen aims to sell up to 2,500 cars a year in Korea when it resumes imports of vehicles after a nine-year hiatus, Eric Dumondelle, chief of the company’s Asia Pacific division said Thursday. Introducing a series of models including DS3 models it will launch in the Korean market at the Seoul Motor Show 2011, Dumondelle said Citroen hopes to benefit from the Korea-EU Free Trade Agr
April 1, 2011
-
SK Group spins off its life science unit
SK Group, the nation’s third-largest conglomerate, said Friday that it had spun off its life science unit in a bid to develop the business into a new driver of growth. SK Biopharm’s total assets will reach 300 billion won ($260 million), and will be wholly owned by SK Holdings Co. The new unit’s main goal will be developing globally competitive new medicines and active pharmaceutical ingredients,
April 1, 2011
-
Microsoft, LG promote Kinect on 3-D TV
Korean game-lovers will have a chance to experience Kinect on 3-D television at experience zones and Kinect tournaments operated as a joint effort between Microsoft Korea and LG Electronics, Microsoft said this week. Kinect is new game device launched by Microsoft last year that requires no controllers, as an embedded sensor picks up the movements of the players. Customers also can buy special Kin
April 1, 2011
-
Chung takes over symbolic Hyundai office
Auto group says move is a show of resolve, but ruffles Hyundai GroupHyundai Motor Group has set up a new office for chairman Chung Mong-koo at Hyundai Engineering and Construction, in an apparent move to emphasize its control over the builder.“The chairman will be using the old office used by the late chairman (Chung Ju-yung), and it represents his resolve and the importance of Hyundai E&C as a me
April 1, 2011
-
Microsoft skewers Google in EU antitrust complaint
The company logo is displayed is at Google headquarters in Mountain View, Calif.(AP-Yonhap News)BRUSSELS (AP) _ Microsoft Corp. escalated its attack on Google Inc. by complaining to European regulators Thursday that its fiercest rival is an Internet bully that abuses its dominance of online search and advertising.The allegations against Google crystallize the piecemeal gripes that Microsoft has be
April 1, 2011
-
Seoul Motor Show attests to industry recovery
Top global brands showcase latest models at city’s largest-ever eventThe country’s largest automotive industry show, the Seoul Motor Show, opens to the public Friday with carmakers vying to catch the attention of the expected 1 million visitors with new models and technologies.The show, which will be held until April 10 at the KINTEX exhibition center in Goyang, Gyeonggi Province, is being held on
March 31, 2011
-
Telecoms apply for frequency bandwidths
Three major telecom operators submitted applications to the government on Thursday for reassignment of frequency bandwidths to offer the current 2G communication services and prepare for the next generation of network technologies.As the 10-year period for the frequency band expires in June, SK Telecom, KT Corp. and LG Uplus said they asked the Korea Communications Commission for the frequency ban
March 31, 2011
-
Panel-makers shifting to cell-type panels
Samsung Electronics, the world’s No. 1 television-maker, is expected to be among the global TV manufacturers forced to sell more cell-type LCD panels due to increasing demands from set-makers who are worried about hostile TV market conditions. “Cell-type panels are soon going to be a substantial trend as more and more set-makers want to reduce costs in the face of the far-from-friendly market cond
March 31, 2011
-
Oil prices, nuclear fears to boost solar energy
The protracted nuclear crisis in Japan and sky-high oil prices are lending fresh impetus to the solar power industry.Shares of solar energy firms have soared recently amid rising safety concerns about atomic energy. Analysts are increasingly optimistic of the prospect of Korean companies increasing investment in the sector to catch up with global rivals.Solar power came into prominence with global
March 31, 2011
-
KORES to launch nickel production at Madagascar mine
State-run Korea Resources Corp. said Thursday that it would start production at a nickel mine in Madagascar this year, which is expected to push the country’s self-sufficiency rate for the mineral to over 60 percent.KORES and consortium partners including Sumitomo Corp. and Sherritt International Corp. held a ceremony Wednesday marking the completion of the Ambatovy mine facilities. Since signing
March 31, 2011
-
Forum on ‘green’ networking
GreenTouch, a global consortium of wireless service operators, research institutions and non-governmental groups, said Thursday it would hold a forum on sustainable networks and climate change in Seoul next week.The forum, which will take place at Seoul National University on April 8, will unveil the scope of key GreenTouch projects and showcase a proof of concept technology called the GreenTouch
March 31, 2011
-
Mahindra says committed to long-term stake in Ssangyong
Mahindra and Mahindra Ltd. has no intention of selling any of its stake in Ssangyong Motor Co. in the near future, and will fully support Ssangyong’s revival, Mahindra and Mahindra vice chairman Arnand Mahindra said Thursday.Speaking at a press conference on the sidelines of the Seoul Motor Show in Goyang, Gyeonggi Province, Mahindra said that his company has a track record of turning companies ar
March 31, 2011
-
Obama sets ambitious goal to cut oil imports
Reviving elusive target, Obama calls for one-third reduction in U.S. oil imports by 2025WASHINGTON (AP) ― President Barack Obama on Wednesday called for a one-third reduction in U.S. oil imports by 2025, reviving a long-elusive goal of reducing America’s dependence on foreign supplies as political unrest rocks the Middle East and gasoline prices rise at home.Tackling an issue that has vexed nearly
March 31, 2011
-
G20 highlights conflicts over currency
Group’s talks in China focus on monetary reforms, as players clash on currency, other issuesNANJING, China (AP) ― Conflicts over exchange rate policy surfaced Thursday at talks by finance mandarins from the Group of 20 leading economies, with both the U.S. Treasury Secretary and French President Nicolas Sarkozy urging greater flexibility as a strategy for avoiding future crises.Despite Beijing’s i
March 31, 2011
-
Telecoms struggle to cope with mobile messenger popularity
Telecom carriers are wrestling with the surging popularity of free mobile messengers increasingly jamming networks and snatching away data fees. One option being considered may be blocking or limiting the use of the likes of widely-popular Kakao Talk, which is replacing the voice and text messaging functions at a faster speed. “We have been basically reviewing the impact of social services like Ka
March 31, 2011
-
6 potential buyers submit bids for Kim's Club
E-Land Group, a leading South Korean fashion retailer, said Wednesday that six potential buyers have submitted their bid proposals for Kim's Club Mart Co., the group's supermarket chain operator. E-Land, however, did not reveal the names of the potential buyers, citing a confidentiality agreement with them. According to industrial sources familiar with the sale of Kim's Club, Lotte Shopping C
March 30, 2011
-
Samsung Group to strengthen legal compliance education
Samsung Group, the country’s top conglomerate, said Wednesday that it will strengthen legal compliance within the first half of this year by upgrading training sessions for its executives.In a weekly meeting of the group’s presidents, Kim Sang-kyun, Samsung’s president of legal and compliance office, said the group plans on completing all preparations for compliance operations by June. He also ask
March 30, 2011
-
Seaweed, mask sales soar on radiation fears
Fears of radiation from Japan have pushed up sales of masks and food such as kelp considered to help prevent poisoning, local retailers said Wednesday.Concerns over radiation have been rising during the past few days on news that traces of radioactive materials are being detected throughout the nation following a nuclear crisis in Japan.The state-run Korea Institute of Nuclear Safety confirmed Mon
March 30, 2011