Creditors of Hynix Semiconductor Inc. said Monday that they may kick off the process to sell a major stake in the second-largest computer memory chipmaker next month, delaying the sale from their previous schedule.   Creditors, including Korea Exchange Bank, Woori Bank and state-run Korea Finance Corp., had initially planned to start the process to sell their combined 15 percent stake in Hynix

  The unidentified virus that might have caused the death of a South Korean woman earlier this week does not seem to be spreading quickly, the nation's disease control agency said Wednesday.   The 36-year-old woman died on Monday in the intensive care unit at a Seoul hospital after being admitted last month for tuberculosis. Her infection and death were caused by an unidentified virus, the first o

Police arrested a male robber in 50s dressed as a woman to look less suspicious.The man reportedly wore a blouse, mini-skirt, and stockings while stealing 15kg of copper pipe last month. The man had also dyed his hair blond.According to police, the man was wearing his disguise when he was arrested.The man, surnamed Lee, who was released from prison last year, told the police, “I had no job and liv

An elderly couple who suffered from severe health problems hanged themselves on parents’ day.Yongin Seobu Police Station said they found the bodies of a Mr. Jeon and Ms. Roh at their apartment. The couple, who were in their 60s, left behind five pages of notes saying, “sorry and thank you.”Mr. Jeon and Ms. Roh suffered from Alzheimer’s and cancer, respectively.The couple sent their son and his fam

  Most global investment banks forecast South Korea's central bank to raise its key interest rate this month in a bid to rein in rising consumer prices, a report showed Monday.   According to the report by the Korea Center for International Finance, the investment banks, including Goldman Sachs, predict the Bank of Korea (BOK) will hike the benchmark seven-day repo rate at a rate-setting session s

With Parents’ Day coming up on May 8, most of Korean college students claimed that the best filial duty is lower tuition fees, according to a recent survey.Korean recruitment website Alba’s survey of some 1,323 university students on filial duty found that 46.7 percent were concerned about the price of their tuition fees. A further 15.3 percent responded that ‘having conversations’ was an importan

  President Lee Myung-bak named Labor Minister Bahk Jae-wan, considered one of his closest aides, as the new finance minister Friday in a Cabinet reshuffle that also affected four other ministers, the presidential office said.   The other new ministers are for land and transportation, agriculture, environment as well as Bakh's successor as labor minister. Unification Minister Hyun In-taek and Just

A 66-year-old man in Jiaozuo, Henan province, has created his own style of kungfu which can allow him to curl up his body into a suitcase.The man claimed to have been practicing his own brand of kungfu since 2000 for half an hour every two days in the open air, whether it is hot or cold.The practice has made his body so plastic he can put on a coat that only a 3-year-old child could wear.He said h