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Internet Addiction of College Students Related to Job Stress

Internet AddictionIt has been found that college students’ job-seeking stress is directly related to their Internet addiction. Professor Jang Soo-mi at the Department of Social Welfare of Cheongju...

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KT’s New CEO Hwang Chang-kyu Takes Office

CEO ChangeKT Chairman Hwang Chang-kyu officially took office as the CEO of KT on January 27. “I will combine my experience in the global business field and know-how in national R&D projects with...

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Communications Authority Slaps 212 Million Won Fine on Google for Info Gathering

Heavy HandSEOUL, Jan. 28 (Yonhap) -- South Korea's communications watchdog said Tuesday it has decided to impose a 212 million won (US$196,938) fine on Google Inc. for illegally collecting personal...

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Koreas Launch New Entry System for Joint Factory Park

Tech SolutionKAESONG/SEOUL, Jan. 28 (Yonhap) -- South and North Korea on Tuesday began the pilot operation of a new border entry system for a joint factory park in the North's border city of Kaesong,...

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Quarantine Efforts Beefed Up Amid Wider Spread of Bird Flu

Avian InfluenzaSEJONG, Jan. 28 (Yonhap) -- South Korea's agriculture minister called for all-out efforts to prevent a further spreading of avian influenza (AI) Tuesday, following a series of new...

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Seoul Shares End 0.34% Higher on Auto, Telecom Gains

Stock MarketSEOUL, Jan. 28 (Yonhap) -- South Korean stocks closed 0.34 percent higher Tuesday as automakers and telecommunications shares gained ground, analysts said. The local currency rose against...

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Seoul City to Seek Cooperation with China for Air Quality

Air QualitySEOUL, Jan. 28 (Yonhap) -- The Seoul municipal government said Tuesday it will boost cooperation with China as part of efforts to improve air quality worsening due in large part to dusts...

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Korean Film Industry Logs Record Revenue in 2013

Movie IndustrySEOUL, Jan. 24 (Yonhap) -- The South Korean film industry posted record revenue of nearly 1.9 trillion won (US$1.76 billion) in 2013 thanks to robust domestic ticket sales and a jump in...

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Kerry to Meet Family of Detained Man in N. Korea

ReportWASHINGTON, Jan. 27 (Yonhap) -- U.S. Secretary of State John Kerry will meet this week with the family of a Korean-American man imprisoned in North Korea, a news report said Monday.The mother of...

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S. Korea Denounces Japan's Teaching Manuals over Dokdo

Dokdo DisputeSEOUL, Jan. 28 (Yonhap) -- South Korea strongly denounced Japan's decision Tuesday to state its claim to Seoul's easternmost islets of Dokdo in the new teaching manuals for Japanese...

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Korea Develops Tech to Enable Direct Communication between Devices

Device-to-device CommunicationsThe Electronics and Telecommunications Research Institute (ETRI) announced on January 28 that it successfully developed a technology to let devices directly communicate...

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Georgia's Legislature Adopts Resolution on East Sea

Cross-ocean DiplomacyATLANTA, Jan. 28 (Yonhap) -- A U.S. state legislature took a highly symbolic step Tuesday supporting South Korea's campaign to promote the use of the "East Sea" to identify the...

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Hyundai Genesis, Kia Soul Win International Design Awards Ahead of European...

Auto DesignSEOUL, Jan. 29 (Yonhap) -- Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said Wednesday its new Genesis premium sedan and the second generation Soul boxy compact...

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SK Hynix Records Best Performances in Sales, Operating Profits, Net Profits

Triple CrownSK Hynix, which joined SK Group in February 2012, achieved its highest-ever annual figures for sales, gross operating profit, and net profit in 2013. The Korean chip-maker announced on...

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Foreign Direct Investment Drops after 4 Years of Growth

Reduced FDIWith Japanese direct investment decreasing due to the weak yen, foreign direct investment (FDI) to Korea was greatly reduced after the past four years of growth. The downward trend is likely...

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Grave of Maternal Grandfather of Kim Jong-un Found on Jeju Island

N. Korea Leader’s ForefatherIt has been found that the burial ground of the father of Ko Yeong-hee, who is the mother of North Korean leader Kim Jong-un, is on Jeju Island. This is the first time that...

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Foreign Investors Stepping Out of Korean Stock Market for Four Consecutive Days

Foreign Investor ExodusForeign investors are expected to move out of the Korean stock market due to the financial crisis in Argentina. Although Korea’s economic fundamentals are considered to be more...

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Performance of LG Innotek, Samsung Electro-Mechanics Move in Opposite Directions

Competing Component SuppliersSamsung Electro-Mechanics and LG Innotek, the component-manufacturing subsidiaries of the Samsung and LG Groups, respectively, announced less-than-expected Q4 business...

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Korean Gov't Says US Stimulus Cut Won't Impact Korea

Reduced Bond PurchasesSEOUL/SEJONG, Jan. 30 (Yonhap) -- The move by the US Federal Reserve to further reduce its monthly bond purchases by US$10 billion will have little impact on South Korea, the...

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S. Korea Consumed Less Oil for First Time in 5 Years

Energy UsageSEOUL, Jan. 30 (Yonhap) -- South Korea's oil consumption fell for the first time in five years in 2013, as the country used more electricity and city gas to meet its heating and...

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