The Korea Herald

Armed with technology, Modnnet seeks second takeoff

IndustrySept 22, 2011

Electronic lecture board maker stresses importance of human resources and technologyFor companies in the information technology industry, quick adaptation to changes and planning are prerequisites for survival. Shin Soon-hee, the chief executive officer of Modnnet, suggests there was more to that fo
BOK chief: Korea not likely to face another sudden crisis

Sept 22, 2011

WASHINGTON (Yonhap News) -- The head of South Korea’s central bank sought Wednesday to ease worries over his country’s financial markets, saying they won’t likely face another sudden crisis.The current situation is “different from when (the South Korean economy) was in difficulty in 2008,” Bank of K
Stock fraud via broadcasters surfaces

Sept 22, 2011

The financial regulator has launched a full-fledged investigation into alleged stock manipulation via cable TV channels, Internet broadcasters and cyber communities.Allegations that investment advisors engaged in stock manipulation recently emerged, an official at the Financial Supervisory Service s
Deutsche Securities Korea to resume derivatives trading

Sept 22, 2011

Six-month ban imposed for causing market crash ends in OctoberDeutsche Securities Korea is to resume derivatives trading from October when a six-month ban imposed by the local regulator expires, sources said. Speaking on behalf of Deutsche Securities Korea, Michael West, head of PR for the company’s
New products, technologies strengthen companies’ brand power

IndustrySept 22, 2011

Korea Productivity Center releases 2011 National Brand Competitiveness Index ranking 176 brandsNew products and technologies have elevated the brand power of local companies over the past year, whileremaining the market leader has become much more difficult, Korea Productivity Center found in an ann
KT makes name as global player

IndustrySept 22, 2011

Company selected as telecom leader in Dow Jones Sustainability IndexKT Corp. is now among the few companies recognized in the Dow Jones Sustainability Index as a global supersector leader, making its name as one of the most competitive companies not only in Korea, but around the world. Only those re
‘It will be a design war in the corporate world’

Arts&DesignSept 22, 2011

Karim Rashid says design is the key to brand identityKarim Rashid, the world-class industrial designer famed for creating the Bobble bottle and Oh! Chair, is coming to Seoul for the iDEA Herald Design Forum slated for Oct. 5-6.Often called the “Prince of Plastic,” Karim has over 3,000 products in pr
[Editorial] Digital hospital exports

EditorialSept 22, 2011

Korea is set to create a new promising export industry by combining its advanced information technology with high-quality medical services and world-class construction prowess. The new export item emerging from this combination is a digital hospital ― an IT-based hospital in which all medical inform
[Editorial] Curbing greedy bankers

EditorialSept 22, 2011

The prosecution will soon launch a large-scale investigation into irregularities at 11 corrupt savings banks. They include five of the seven banks that were suspended Sunday for capital shortage and the six banks that avoided suspension of operations despite their lower-than-required capital adequac
Israel-Palestine face-off at the United Nations

ViewpointsSept 22, 2011

The looming United Nations vote on Palestinian statehood is not a cause for celebration ― for Palestinians or anyone else. It is merely further evidence of the utter stalemate of the Israeli-Palestinian peace process, which once promised to deliver a two-state solution but which during the last few
[Mohamed A. El-Erian] Countering the contagious West

ViewpointsSept 22, 2011

NEWPORT BEACH ― Imagine for a moment that you are the chief policymaker in a successful emerging-market country. You are watching with legitimate concern (and a mixture of astonishment and anger) as Europe’s crippling debt crisis spreads and America’s dysfunctional politics leave it unable to revive
Strong countries, not Greece, should ditch euro

ViewpointsSept 22, 2011

Europeans can’t say they weren’t warned. For a decade before the euro was launched, critics ― and many economists ― argued that one currency wouldn’t fit all, or even most, of the nations of the European Union. The unfolding euro-area crisis is proof that the critics were right. Now it’s up to the s
[Ron Klain] Middle-class Americans suffer in silence, for now

ViewpointsSept 22, 2011

President Barack Obama’s proposed tax on millionaires has restored the issue of “class warfare” to the forefront of politics. The new tax plan follows a week of intense campaigning by the president for his jobs bill, and of considerable attention devoted to a Census Bureau finding that poverty rose
[Yang Sung-chul] Two beggars in classic tragedies

ViewpointsSept 22, 2011

Even in this age of homo electronicus, the eternal question of love and hate or good and evil never ceases to lose its flame. One critical ingredient of a classic is to arouse in us such an emotion from the innermost depth of our heart.Filial ingratitude seems to be the overriding theme of both Soph
Typhoon passes Japan tsunami zone, plant intact

World NewsSept 22, 2011

TOKYO (AP) ― A powerful typhoon headed north Thursday after dumping heavy rains on Japan’s tsunami-devastated coastline, paralyzing commuter trains in the capital, and leaving at least 16 people dead or missing across the country.There had been concerns that Typhoon Roke could pose more problems for