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Designers split on Seoul Fashion Week chaos

TheaterFeb 9, 2012

Corruption-stained Seoul Fashion Center closed and SFW searches for new organizerWith the Seoul Fashion Center shut down, Seoul Fashion Week, which has been hosted by the center for the past 12 years, will be run by a private company. Seoul Metropolitan City said it aims to “expand participation of private companies and enhance professionalism,” but everyone knows there is more to the story. Seoul Fashion Center, an affiliate of Seoul Metropolitan Government’s Seoul Business Agency, which has be
Contraception mandate outrages religious groups

HealthFeb 9, 2012

The Obama administration‘s decision requiring church-affiliated employers to cover birth control was bound to cause an uproar among Roman Catholics and members of other faiths, no matter their beliefs on contraception.The regulation, finalized a week ago, raises a complex and sensitive legal question: Which institutions qualify as religious and can be exempt from the mandate?For a church, mosque or synagogue, the answer is mostly straightforward. But for the massive network of religious-run soci
Latest illnesses point to raw milk‘s popularity

HealthFeb 9, 2012

WASHINGTON (AP) -- An outbreak of bacterial infections on the East Coast illustrates the popularity of raw, unpasteurized milk despite strong warnings from public health officials about the potential danger.Even presidential candidate Ron Paul has joined the cause of consumers looking to buy unprocessed “real foods” straight from the farm, saying government shouldn’t deny them that choice.An outbreak of campylobacter illness is a reminder of the potential hazards, however. Raw milk from a dairy
Drug firms sign up to new tropical disease fight

HealthFeb 9, 2012

GENEVA (AFP) - Key players in the pharmaceutical industry pledged on Monday to donate 14 billion drug treatments as part of a new, global push to eradicate tropical diseases.Thirteen companies including Novartis and GlaxoSmithKline have committed to the programme being led by the United States, Britain and United Arab Emirates governments, the Bill & Melinda Gates Foundation and the World Bank.The drugs will target sufferers of so-called Neglected Tropical Diseases (NTDs) such as leprosy and sle
Anti-cancer drug for women weakens bone density

HealthFeb 9, 2012

PARIS (AFP) - A drug tipped for widespread use to prevent breast cancer in post-menopausal women also accelerates loss of bone density, thus potentially boosting the risk of fractures, a study published on Tuesdaysaid.Exemestane -- brand name Aromasin -- is part of a drug class called aromatase inhibitors, which lower levels of the oestrogen that some breast cancers need in order to grow.Canadian bone specialists took a look at a group of patients who had taken part in a study into the effective
Too many kids breathe others‘ smoke in cars: CDC

HealthFeb 9, 2012

CHICAGO (AP) -- Texting while driving, speeding and back-seat hanky-panky aren’t all that parents need to worry about when their kids are in cars: Add secondhand smoke to the list.In the first national estimate of its kind, a report from government researchers says more than 1 in 5 high school students and middle schoolers ride in cars while others are smoking.This kind of secondhand smoke exposure has been linked with breathing problems and allergy symptoms, and more restrictions are needed to
Danish royal couple set to grace Yeosu Expo

PeopleFeb 9, 2012

Danish royalty is set to grace the opening of the Yeosu Expo at the start of an official visit to Korea. The Danish Crown Prince Couple will begin its May 10-15 Korean visit at the expo, where Denmark is being represented with its own pavilion. Crown Prince Frederik and his wife Mary will be accompanied by a business delegation that will seek to strengthen relations between Denmark and Korea during the trip. Their visit will also include the second meeting of the Korean-Danish Green Growth Allia
Birth control mandate irks religious organizations

HealthFeb 9, 2012

The Obama administration’s decision requiring church-affiliated employers to cover birth control was bound to cause an uproar among Roman Catholics and members of other faiths, no matter their beliefs on contraception.The regulation, finalized a week ago, raises a complex and sensitive legal question: Which institutions qualify as religious and can be exempt from the mandate?For a church, mosque or synagogue, the answer is mostly straightforward. But for the massive network of religious-run soci
How long can you keep your food?

HealthFeb 9, 2012

Expired produce can be safe for some time if unsealed and well storedEveryone has had the experience of throwing away a half-eaten block of cheese or half-empty carton of milk because it has exceeded its expiration date.But the Korea Consumer Agency on Tuesday said most foods are safe even a few days after their expiration date.“The expiration dates written on the cover of the products are usually for distribution. That is, they mean dates when the shop managers begin to take them off the shelve
Department stores’ luxury sales expand 20%

IndustryFeb 9, 2012

Koreans’ desire for luxury goods doesn’t appear to be waning, with high-end fashion brand sales at the nation’s major department stores soaring almost 20 percent last year. According to the Ministry of Knowledge Economy on Thursday, the nation’s top three department stores Lotte, Shinsegae and Hyundai saw their luxury goods sales surge 19.8 percent last year. The figure is up from 12.4 percent in 2010 and more than double the average sales growth of 8.9 percent among the three retail chains last
Plans unveiled to prevent nuke power plant malfunctions

IndustryFeb 9, 2012

Starting with the orders for two nuclear power plants to be placed in the second half of next year, bidders offering the highest value, instead of the lowest price, will be selected, the Knowledge Economy said Thursday.As part of efforts to bolster quality control, Seoul will adopt the system in use by the United States, Britain and Japan that appreciates high technological levels as well as low prices, the ministry said.The new system will be applied for the construction of the fifth and sixth
Hyundai Oilbank launches charity foundation

IndustryFeb 9, 2012

Hyundai Oilbank launched a foundation made up of 1 percent of employees’ salaries on Wednesday.Hyundai Oilbank became the first large company in Korea to have management and labor agree on sharing 1 percent of wages for charity in September. Kim Chang-ki, former managing editor of the Chosun Ilbo, was named chairman of the foundation’s board of directors which include actor Choi Soo-jong, Sookmyung Women’s University professor Bae Jung-geun, Asan Medical Center professor Lee Taek-jong and lawyer
Measures needed for firms hit by euro debt crisis: KCCI

Feb 9, 2012

The Korea Chamber of Commerce and Industry said Thursday that measures should be drafted for firms suffering from shrinking exports due to the sluggish European economy.In its recent study that surveyed 500 firms that focus on exports, 62.9 percent said the economic crisis in Europe is likely to continue next year and beyond. Only 37.1 percent answered they believed it will end within the year.When asked about their difficulties involving the Euro debt crisis, 49.5 percent said it led to a decre
Four overseas banks to be taxed on offshore gains

Feb 9, 2012

Authorities discover Citi, Standard Chartered, Deutsche and HSBC underpaid taxesFour Korean branches of overseas banks are to pay a combined 300 billion won ($268 million) in capital gains taxes on from an offshore fund in Luxembourg, underpaid for the past five years, government officials confirmed Thursday. Citi Bank, Standard Chartered Bank, Deutsche Bank and HSBC are to make additional payment on their capital gains from investing in offshore funds called Sicav in Luxembourg, tax authorities
Apple files U.S. suit against Samsung

IndustryFeb 9, 2012

Apple on Thursday filed another patent complaint against Samsung Electronics in a federal court in San Jose, California.However, it was not confirmed what the complaint was filed against.“We’re aware that the complaint was filed in the San Jose court, but we need to gain access to the copy of the complaint to confirm why it was filed,” said a Samsung official.In December, a court in San Jose rejected Apple’s Galaxy S and Galaxy Tab injunction claims after the U.S. tech giant filed the patent inf