Most Popular
-
1
Debate rages over ‘overly fatty’ samgyeopsal
-
2
40 flights canceled on Jeju Island due to bad weather
-
3
[Weekender] Korean psyche untangled: Musok
-
4
N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
-
5
Pandemic left Korea more depressed than before: report
-
6
Gov't appears to shelve punitive measures against mass walkout by doctors
-
7
[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
-
8
From fake prostitution ring to nonexistent robber, prank calls hamper police
-
9
Missing S. Korean traveler in Paris found safe after 2 weeks
-
10
S. Korea, China, Japan in talks to hold trilateral summit May 26-27: official
-
SLS Group on verge of collapse
SLS Group, which came to public attention on Thursday when its chairman Lee Kuk-chul accused former vice minister of culture Shin Jae-min of taking billions of won in bribes, is facing disintegration. Lee, a former civil servant, began his career as a businessman with a factory producing parts for t
Sept. 22, 2011
-
K-pop popularity lifts entertainment shares
Bae Yong-joonWith entertainment companies’ shares rising on the popularity of K-pop, the value of securities held by entertainers is soaring to new highs, data showed Wednesday.According to Chaebul.com, the value of SM Entertainment shares held by its chairman Lee Soo-man came in at 165.7 billion wo
Sept. 21, 2011
-
Reservoirs, waterway to be open to public
The government is set to introduce new waterways as part of its project to refurbish the country’s four major rivers, hoping to calm much-heated controversy over wilderness protection. The Ministry of Land, Transport and Maritime Affairs said Wednesday it will open to the public the 16 restored rese
Sept. 21, 2011
-
SKT to reorganize divisions
SK Telecom announced on Wednesday that it will rearrange business divisions in time for the launch of SK Planet on Oct. 1. The company also said that it will carry out an executive reshuffle. SK Planet will be a new subsidiary created by spinning off SK Telecom’s platform business.Under the plans, S
Sept. 21, 2011
-
NCsoft to give out signed baseballs
NCsoft, owner of the newly created baseball team, the “NC Dinos,” will give out official balls signed by Dinos coach Kim Kyung-moon and ace baseball player Na Sung-beom as a part of an event to promote a new application.In what can be translated into “A Fun Guide to Baseball,” NCsoft’s new applicati
Sept. 21, 2011
-
Amore Pacific to sponsor organic forum
Cosmetics maker Amore Pacific on Wednesday said it would be sponsoring the 17th conference of the International Federation of Organic Agricultural Movements to be held here next month.Several of Amore Pacific’s brands such as Osulloc will be participating as sponsors, the company said.The conference
Sept. 21, 2011
-
Hanwha’s major construction projects under way
With the aim of becoming one of the major global builders, Hanwha Engineering and Construction has successfully won large-scale construction projects nearly all over the world.One of the latest projects the company won is to build the world’s largest domed arena near Manila.In August, Hanwha began w
Sept. 21, 2011
-
Hanwha E&C looks to overseas markets for growth
Builder aims to become one of the world’s top 100 construction firms with sales of W5trHanwha Engineering and Construction is turning its attention to overseas markets to fuel its drive to become one of the world’s top 100 construction companies by 2015.Under the plans announced earlier this year, t
Sept. 21, 2011
-
Creditors to allow new bidders for Hynix stake
SEOUL, Sept. 21 (Yonhap) -- Shareholders of Hynix Semiconductor Inc. said Wednesday that they will open up the final bidding for the chipmaker in a move to secure the fairness and transparency of the sale process.Creditors-turned-shareholders of Hynix said on Tuesday that they will proceed to sell a
Sept. 21, 2011
-
EUCCK elects new president
Jean-Luc Valerio, chief of the European Aeronautic Defense and Space Company’s Korean operations, has been chosen as the new president of the European Union Chamber of Commerce in Korea, the chamber announced Tuesday.The 53-year-old Frenchman will replace Jean-Marie Hurtiger, chief executive of Rena
Sept. 20, 2011
-
KITA forum to discuss global trade
Economic policymakers, academics and industry officials from around the world will discuss challenges and strategies for international trade at a forum organized by the Korea International Trade Association. Scheduled for Sept. 26-27 in Seoul, the conference commemorates Korea’s reaching $1 trillion
Sept. 20, 2011
-
Hyundai Heavy starts 2nd Russian farming business
Hyundai Heavy Industries Co. announced on Tuesday that it has set up its second agricultural business in Russia.For the new subsidiary, Hyundai Mikahailovka Agro, the shipbuilding conglomerate took over the Asinovka farm located 150 kilometers north of Vladivostok.According to Hyundai Heavy’s estima
Sept. 20, 2011
-
Hynix sale to go ahead as scheduled
Auction will be carried out with SKT as sole bidderCreditors of Hynix Semiconductor Inc. have decided to continue with selling the company on schedule, Korea Exchange Bank said Tuesday.After STX Group pulled out of the bid on Monday, market watchers had raised concerns that the process would be dela
Sept. 20, 2011
-
Design helps cities gain more environmental sustainability
Following is the third in a series of interviews with world’s top designers and scholars who will participate in the Herald Design Forum in Seoul from Oct. 5 to Oct. 6. ― Ed.Richard Register is an American specialist in ecological city design and planning who created the term “ecocity” in the late 1
Sept. 20, 2011
-
Hyundai Group to enter telecom market
Conglomerate mulls joining consortium formed by SME associationHyundai Group is poised to once again try its hand in the information and communication industry, as the company was found to have decided to participate in a consortium seeking to set up a telecom service provider. Hyundai is considerin
Sept. 20, 2011
-
Seoul begins taking blackout damage claims
The South Korean government began accepting claims Tuesday from businesses who suffered losses from blackouts caused by low electricity reserves last week.A total of 167 claims had already been filed at 294 centers throughout the nation, according to the Ministry of Knowledge Economy.The government
Sept. 20, 2011
-
World’s cheapest car now covered with gold, jewels
The Indian automobile giant Tata Motors unveiled the latest version of its signature Nano car crafted in gold, silver and gemstone on Monday in Mumbai.The jewel encrusted GoldPlus Nano is covered in 80 kilograms of 22 carat gold and 15 kilograms of silver, according to local reports. It also fe
Sept. 20, 2011
-
Sales at discount chains, department stores grow in Aug.
SEOUL, Sept. 20 (Yonhap) -- Sales at South Korea's major discount chains and department stores rose from a year earlier in August on growing demand for food and daily household products ahead of a major holiday, a government report showed Tuesday.By lunar calendar, Sept. 12 was Chuseok, the Korean e
Sept. 20, 2011
-
STX Group drops out of bids for Hynix Semiconductor
STX Group dropped out of the bid for Hynix Semiconductor on Monday.The group, which was bidding for the world’s second-largest chipmaker against SK Telecom, said that the plans were scrapped due to global economic instability and for fears that the large investment required to strengthen Hynix’s ope
Sept. 19, 2011
-
Debt-ridden KEPCO dishes out pay raises
The state-run Korea Electric Power Corp. is facing fresh criticism as reports found on Monday that the utility and its subsidiaries doled out hefty salary increases for employees last year despite their multi-trillion won debt.According to a report submitted by the Ministry of Knowledge Economy for
Sept. 19, 2011