The Korea Herald

[J. Bradford DeLong] Confessions of a deregulator

ViewpointsJul 7, 2011

BERKELEY ― Back in the late 1990s, in America at least, two schools of thought pushed for more financial deregulation ― that is, for repealing the legal separation of investment banking from commercial banking, relaxing banks’ capital requirements, and encouraging more aggressive creation and use of derivatives. If deregulation looks like such a bad idea now, why didn’t it then?The first school of
Chinese coal mine fire traps 36 underground

World NewsJul 7, 2011

BEIJING (AP) ― Chinese officials say a coal mine fire has trapped at least 36 people underground in the country’s east. It’s the second accident in a week in China’s notoriously dangerous coal industry.The State Administration of Work Safety said Thursday that an air compressor 225 meters underground caught fire Wednesday evening.It says an initial investigation found 36 miners are trapped and a r
LG Electronics cuts smartphone target by 20 pct

IndustryJul 7, 2011

LG Electronics Inc., the world's third-largest maker of mobile phones, said Thursday that it expects to sell 24 million smartphones this year, 20 percent fewer than its earlier target, as competition in the lucrative handset market intensifies.The reduced sales target may complicate LG's efforts to revive its money-losing mobile business, which is expected to report a fifth straight quarterly loss
Growing phone hacking scandal sickens U.K.

World NewsJul 7, 2011

Rupert Murdoch depicted by a demonstrator (left) and Rebekah Brooks, chief executive of News International, which publishes the News of the World tabloid. (AP-Yonhap News)More potential victims uncovered, including terror, murder victimsLONDON (AP) ― Britain’s phone hacking scandal intensified Wednesday as the scope of tabloid intrusion into private voice mails became clearer: murder victims, terr
Some Catholics maintain Galileo was wrong and Earth is at universe’s center

CultureJul 7, 2011

Some people believe the world literally revolves around them. It’s a belief born not of selfishness but faith.A small group of conservative Roman Catholics is pointing to a dozen biblical verses and the Church’s original teaching as proof that the Earth is the center of the universe, the view that prompted Galileo Galilei’s clash with the Church four centuries ago.The relatively obscure movement h
Funky U.S. designer pursues distinctive style

FashionJul 7, 2011

Jeremy Scott. (Park Hae-mook/The Korea Herald)We knew sneakers could fly when touched by Jeremy Scott, and now it seems so could jeans and hoodies. In line with the winged sneakers that marked a hit, especially among teenagers here, the U.S. designer added little wings on clothes as well for the 2011 F/W line of adidas Originals by Jeremy Scott. “There’s an optimistic symbol about it (wings), an u
From baseball field to musical stage

TheaterJul 7, 2011

Yoon Hyun-min (Park Hae-mook/The Korea Herald)Baseball player-turned-actor takes main role in musical ‘Spring Awakening’For someone who used to swing a bat for 11 years, Yoon Hyun-min seemed surprisingly soft and delicate. The image of Melchior, the character he plays in the musical “Spring Awakening” which started its second round here in June, came out as he talked. “If the first Melchior was ra
Gene tied to relapse of breast cancer

HealthJul 7, 2011

A group of doctors here have found a gene that could detect the possible recurrence of breast cancer. If cancer treatment is effective, recurrence remains a major threat. The finding could contribute to improved treatment for breast cancer, Prof. Kim Lee-su of Hallym University said.When there are cancer cells, and when teh cancer spreads to the lymph nodes, normal cells’ production of αB-Crystall
CAU hospital seeks test candidates

HealthJul 7, 2011

Chung Ang University Hospital is looking for candidates for a clinical test of its asthma treatment. Those applying should have been diagnosed with asthma before they reached 40 years of age. They should be either non-smokers or those who have quit mild smoking (less than 10 packets of cigarettes a year) for more than a year. The candidates must be taking steroids.Those selected will be able to ge
Vocal cord nodules hit mostly women

HealthJul 7, 2011

The majority of people suffering from vocal cord nodules are female, especially teachers, the National Health Insurance Corporation said Monday. According to its report, 91,430 women were treated for vocal cord nodules in 2010, far outnumbering the 49,317 men who received treatment.The number of patients receiving treatment each year has steadily increased: from 123,000 in 2006 to 141,000 in 2010.
Radiation therapy: significance of proton therapy

HealthJul 7, 2011

Pyo Hong-ryullRadiation therapy, together with surgery and chemotherapy, has become one of the three most commonly used methods for treating cancer today. Since the discovery of X-ray, many improvements ― such as the linear accelerator (LINAC), 3-Dimensional conformal radiotherapy and intensity modulated radiation therapy (IMRT) ― have been seen in the field of radiotherapy. Proton therapy can be
How to exercise during rainy season

HealthJul 7, 2011

The official jangma, or rainy season, has reached its peak with up to 200 millimeters of rainfall pounding the nation throughout the week. Heavy rain like this will be a disappointment for most joggers and outdoor activity fanatics. Some people enjoy exercise in the rain but doctors advise people to keep to indoor activities. Dr. Park Won-ha of Samsung Medical Center suggested ways to enjoy safe e
Heart disease is No. 1 killer, can sneak up on women: report

HealthJul 7, 2011

WASHINGTON (AP) ― Heart disease can sneak up on women in ways that standard cardiac tests can miss.It’s part of a puzzling gender gap: Women tend to have different heart attack symptoms than men. They’re more likely to die in the year after a first heart attack.In fact, more than 40 percent of women still don’t realize that heart disease is the No. 1 female killer. One in 30 women’s deaths in 2007
SKT, STX bid for Hynix

IndustryJul 7, 2011

SK Telecom and STX Group have submitted letters of intent to acquire Hynix Semiconductor.Friday marked the deadline for a sale broker’s receiving LOIs for a 15 percent stake, whose value ranges between 2.34 trillion won ($2.18 billion) between 2.74 trillion won, in the world’s 2nd-largest semiconductor firm.According to industry sources, SK Telecom has the strong willingness that it “would not los
Korean culture promoted from many angles

CultureJul 7, 2011

Korea Fans holds a weekly screening of Korean films at the King Sejong Institute in Ankara on June 26 (Kim Hoo-ran/The Korea Herald)Korea studies at university level suffers from lack of resourcesANKARA ― More than 40 people are packed in a classroom at Ankara University Tomer on a recent Sunday paying close attention to a presentation on Korean totem poles, “jangseung.” The 10-minute presentati