New stem cell therapy succeeds
A Korean medical team said Wednesday that it had succeeded in greatly improving the condition of three paralyzed patients by injecting their own stem cells into the injured parts of their spinal cords. Headed by Jeon Sang-yong of Asan Medical Center in Seoul, the team treated 10 patients suffering general paralysis with the stem cell-based […]
Why is Google popular with workers?
Jobseekers here used to pick a company that offered high salaries and generous benefits even if they had to work through the night and come to the office on weekends. But these days, they are increasingly putting greater priority on other aspects of their careers. Many job hunters look to find employment at a place […]
‘Future of economy hinges on women’
Softening growth rates, collapsing consumer spending and a workforce aging dog years have been fueling apocalyptic talk about the future of Korea’s economy. So why amid the growing alarm over the unraveling of the Korean success model does the country permit itself to dramatically underutilize its highly-educated women, asks the head of a leading private […]
Foreign buyers line up to purchase houses in Turkey
Wealthy people from the Middle East are lining up at the doors of real estate agents to buy houses in Turkey, Environment and Urban Development Minister Erdoğan Bayraktar said on Tuesday. As stated by the minister in Trabzon following a meeting on Sunday, rich buyers from countries such as Iran, the United Arab Emirates and Saudi Arabia have made down payments to contractors and real estate agents in order to be able to own a […]
‘Macquarie pursuing excessive gains’
NGOs call for probe of ‘unfair’ subway deal costing taxpayers A civic coalition called for a full-scale investigation Tuesday to clear suspicions surrounding Macquarie’s investment in 2005 in the construction of Subway Line 9. It says then-Seoul Mayor,Lee Myung-bak, who is now President, was behind the contract that they claim was against public interests. The […]
Free fall slide
LG Chem, Kumho Petro tumble in stock market The local stock market has been highly volatile over the past few weeks amid lingering woes over the eurozone’s debt crisis and a slow recovery by major economies, including the United States. In this unstable market, domestic companies have shown quite contrasting movements based on their earnings […]
Reinventing business model
SK chairman to maximize synergy among affiliates SK Group Chairman Chey Tae-won is stepping up efforts to reinvent the group by redesigning its business portfolio and creating synergy among affiliates under new business line-up. The group’s recent takeover of Hynix Semiconductor, now SK hynix, was the first step for the chairman to transform the telecom-oriented […]
Naver’s monopoly challenged
Local giant to cultivate collaborative ecosystem Over the past 13 years, the local search giant like Naver has focused on providing Korean-language content and serving the local audience. Unlike Google which originally specialized as a search engine that acted as a conduit of existing Web content, Naver started from scratch to offer its own content […]
Keangnam to develop infrastructure in Sri Lanka
Keangnam Enterprises, a mid-size local construction company, is making a foray into the Sri Lankan market by helping the country develop its infrastructure. The firm said Sunday that its Chairman Sung Woan-jong agreed with Sri Lankan President Mahinda Rajapaksa to cooperate on infrastructure projects of the Southeast Asian country during their meeting in Seoul last […]
Wrong message
Kakao Talk scrambles after service disruption Millions of smartphone users complained of disruption Saturday after Kakao Talk, the country’s leading instant messenger service for mobile Internet devices, was paralyzed for several hours. Kakao Talk, which boasts more than 40 million subscribers here, abruptly alerted its users around 2:50 p.m. that it needed to conduct an […]
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