Smartphones intimidate elderly
Park Hyung-tae recently bought a Galaxy Note from Samsung Electronics, but it’s hard to imagine the 69-year-old using it without assistance from his children. “It’s very complicated to use. All I can do without the help of my children is make and receive calls and send text messages,” he complained adjusting his glasses. “Another problem […]
NHN taking lead in messenger games
NHN is taking the lead in the messenger game market by releasing games via its mobile messenger service Line ahead of its competitors. The firm said Monday that its first game, Line Birzzle, has had over 2 million downloads a week after its release. NHN has opened a service platform called Line Channel accessible through […]
LG Scion gets 3-year jail term for embezzlment
The Supreme Court upheld a lower court’s ruling to sentence a scion of the late LG Group founder Koo In-hwoi to a three-year prison sentence, Monday, on charges of stock manipulation and embezzlement. Koo Bon-hyun, a nephew of LG honorary Chairman Koo Cha-kyung, was convicted of pocketing some 13.9 billion won ($11.7 million) of illegal […]
IMF calls on Indonesia to speed up infrastructure projects
JAKARTA, July 9 (Xinhua) — The International Monetary Fund ( IMF) has called on the Indonesian government to be more serious about its commitment to developing infrastructure, local media reported on Monday. IMF Asia and Pacific department chief Sanjaya Panth said that one of the main factors hindering Indonesia from accelerating its infrastructure development was […]
[India Report] Indians captivated by TV talk show “Satyamev Jayate”
Nowadays, people of India are captivated by a TV talk show titled Satyamev Jayte. It would not be an exaggeration if it is said that Satyamev Jayate is the show dominating Indian television these days. People’s craze regarding this show was evident from its very first episode, when the Satyamev Jayate website [www.satyamevjayate.in] crashed due to a very […]
USFK offers apology for handcuffing of Koreans
The U.S. Forces Korea (USFK) apologized Sunday for the handcuffing of three Korean civilians by American troops during a dispute over parking outside a U.S. Air Force base in Pyeongtaek, Gyeonggi Province. USFK Deputy Ccommander Lt. Gen. Jan-Marc Jouas, said in a news conference, “I have ordered a full investigation of this incident. The individuals […]
Korean-Chinese being targeted for crackdown
130 rounded up in June alone A major crackdown is under way targeting Korean-Chinese here their advocates said Sunday. This could spook them into hiding and lead to a spike in illegal immigrants. Since January, the Ministry of Justice has detained about 1,500 Korean-Chinese laborers who used forged identities to enter the country or to […]
Eximbank CEO calls lenders ‘domesticated’
The head of one of the nation’s state-run lenders said that Korean banks should revamp their business models so as to better serve retail customers and play a bigger role in helping Korean companies overseas. He stressed that leading domestic lenders, such as KB Kookmin, Shinhan, Woori and Hana, should give up their interest margin- […]
Immigration process for investors to be shortened
More foreign investors are expected to enjoy a shortened immigration process from Monday, as the financial authorities in cooperation with the justice ministry plan to expand the scope of beneficiaries of the finance investor express card system. Financial Hub Korea (Fn Hub Korea) said they have revised the system to allow more overseas investors to […]
Galaxy S3 LTE phones to hit shelves Monday
The long-term evolution (LTE) model of Samsung Electronics’ Galaxy S3 will be available nationwide from Monday. The Suwon-based firm announced Friday its highest quarterly operating profit as of yet of 6.7 trillion won thanks to global sales of the handsets. The three domestic mobile carriers _ SK Telecom, KT and LG Uplus _ will concurrently […]