Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Korea’s homegrown nanosatellite successfully launches into space
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Aging population to drive down Korea's housing prices from 2040: experts
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30 immigrants dig out of detention in Indonesia
SURABAYA, Indonesia, Jan 18, 2012 (AFP) - Thirty Pakistani and Afghan immigrants tunneled their way out of an Indonesian detention centre using spoons, nails and wooden sticks, an official said Wednesday.The men escaped through the two-metre tunnel in Surabaya city on Monday after digging their way
World NewsJan. 19, 2012
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Moon mineral found for the first time on Earth in Australia
A mineral brought back to Earth by the first men on the Moon and long thought to be unique to the lunar surface has been found in Australian rocks more than one billion years old, scientists said Thursday.Named after Apollo 11’s 1969 landing site at the Sea of Tranquility, tranquillityite was one of
World NewsJan. 19, 2012
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Afghan President condemns child abuse by British soldiers
Afghan President Hamid Karzai on Wednesday condemned allegations of child abuse by two British soldiers in Afghanistan, calling it an "immoral" action by the troops.The London-based Sun newspaper reported that two British soldiers had been arrested after they allegedly encouraged an Afghan boy and a
World NewsJan. 19, 2012
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Japan to set reactor lifespan at 60 yrs despite Fukushima
TOKYO (Reuters) - Japan will allow nuclear reactors to operate for up to 60 years in revised regulations on power plant operators even as it looks to shift gradually away from atomic power in the wake of the Fukushima disaster.The move on Wednesday, which marks the first time Japan will set a
World NewsJan. 18, 2012
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Schools close, flights canceled as storm nears NW
SEATTLE (AP) — Schools preemptively closed, crews salted down streets and more than two dozen flights into two Pacific Northwest cities were canceled as the region prepared for a potentially major snowstorm on Wednesday.Forecasts called for about 3 to 5 inches of snow in the Seattle metropolit
World NewsJan. 18, 2012
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Average age of U.S. vehicles hits record 10.8 years
DETROIT (AP) ― That clunker in America’s driveway has reached a record old age, but there are signs that people may be growing confident enough in the economy to get a whiff of that fresh new car scent very soon. The average age of a car or truck in the U.S. hit a record 10.8 years last year as job security and other economic worries kept many people from making big-ticket purchases such as a new car. That’s up from the old record of 10.6 years in 2010, and it and continues a trend that dates to
World BusinessJan. 18, 2012
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Airbus takes record orders in 2011, beating Boeing
HAMBURG, Germany (AP) ― Airbus took in a record number of orders for new commercial aircraft last year as strong demand for its revamped single-aisle plane helped it best U.S. rival Boeing Co. in the race for orders for the fourth year running. The European jet maker said Tuesday that it took in 1,419 net new orders in 2011, worth $140 billion, well above Boeing’s total of 805 aircraft. That topped the previous record of 1,413 net orders recorded by Boeing in 2007. Airbus also delivered 534 airc
World BusinessJan. 18, 2012
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Yahoo co-founder Yang resigns from company
SAN FRANCISCO (AP) ― Yahoo co-founder Jerry Yang is leaving the struggling Internet company, as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader.The surprise departure, announced Tuesday, comes just two weeks after Yahoo Inc. hired former PayPal executive Scott Thompson as its CEO.Thompson is the fourth CEO in less than five years to try to turn around Yahoo ― a challenge that Yang was unable to pull off during his own tumultuous 18-month reign as th
World BusinessJan. 18, 2012
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Fitch, S&P rule out Denmark downgrade
Denmark, home to the world’s biggest household debt burden, won’t lose its top credit rating any time soon as stable public finances and a current account surplus offset the risks, Fitch Ratings and Standard & Poor’s said.“Denmark is not a country we are particularly worried about,” Fitch Managing Director Edward Parker said in an interview in Stockholm Tuesday. “We are not expecting over the near term to be taking negative action on Denmark.”Denmark, which is struggling to emerge from a burst h
World BusinessJan. 18, 2012
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World Bank warns global growth will likely slow
Bank forecasts global economy will expand 2.5%, developing countries will grow 5.4% this yearWASHINGTON (AP) ― A recession in Europe and weaker growth in India, Brazil and other developing countries will likely slow global economic growth, the World Bank said Tuesday.In its annual report, the bank substantially cut its forecasts for growth in both developed and poorer nations. It now projects that the global economy will expand 2.5 percent this year and 3.1 percent in 2013. That’s down from a Ju
World BusinessJan. 18, 2012
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Singapore P.M. says Obama earns less than him, but has perks
SINGAPORE (AFP) ― Singapore Prime Minister Lee Hsien Loong said Tuesday he may earn more than the U.S. president but Barack Obama has much better perks such as free travel on Air Force One and holidays in Camp David.Mounting a vigorous defense of the high salaries of Singapore ministers, Lee said the city-state cannot emulate the lower pay structures of bigger countries like the United States or Britain.Lee’s ruling People’s Action Party has been on the defensive since general elections in May l
World NewsJan. 18, 2012
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Mubarak trial sums up divisions within Egypt
CAIRO (AP) ― Hosni Mubarak, on trial for his life, is ferried to court by helicopter from a presidential hospital suite. His sons and co-defendants swagger in wearing designer track suits and no handcuffs. His security chief is treated with near reverence by police in the courtroom.For activists in Egypt, the scenes only deepen their feeling that the authoritarian system the ousted president oversaw remains largely in place, almost a year since the 18-day uprising that toppled him.When Mubarak’s
World NewsJan. 18, 2012
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Spain’s dictator-hunting judge tried
MADRID (AFP) ― A Spanish judge who gained international attention by pursuing former Chilean dictator Augusto Pinochet went on trial himself Tuesday, accused of abuse of power in an illegal wiretapping case.Judge Baltasar Garzon appeared in the Supreme Court in Madrid in one of three cases which his defenders say are politically motivated bids to stop him prosecuting crimes dating from the dictatorship of Francisco Franco.Garzon, 56, is alleged to have ordered illegal wiretaps in a corruption ca
World NewsJan. 18, 2012
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Husband saves his wife’s life by giving up only life jacket
TOULOUSE, France (AFP) ― The widow of a Frenchman who died on the Costa Concordia luxury liner gave a chilling account Monday of how her husband sacrificed his life by giving her the only life jacket they had.“I owe my life to my husband,” said Nicole Servel, 61, whose husband Francis was one of at least six people to die when the luxury liner ran aground off the Italian coast on Friday night. “He said to me ‘jump, jump’. And as I don’t know how to swim, he gave me his life jacket. I was hesitan
World NewsJan. 18, 2012
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Cruise captain refused to return to his vessel in its last moments
ROME (AP) ― “You go on board! Is that clear? Do you hear me?” the Coast Guard officer shouted as the captain of the grounded Costa Concordia sat safe in a life raft and frantic passengers struggled to escape after the ship rammed into a reef off the Tuscan coast.“It is an order. Don’t make any more excuses. You have declared ‘Abandon ship.’ Now I am in charge.”The dramatic recording made public Tuesday shows Capt. Francesco Schettino resisted orders to return to his ship to direct the evacuation
World NewsJan. 18, 2012
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Smoke bomb thrown over White House fence
WASHINGTON, Jan 17, 2012 (AFP) - Protestors linked to the "Occupy" movement apparently threw a smoke bomb over the White House fence on Tuesday, capping a day of protests in Washington, the Secret Service said.No arrests were made after demonstrators from the Occupy DC group marched on the White Hou
World NewsJan. 18, 2012
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Italy captain denies abandoning ship as toll rises to 11
The captain of the doomed Italian cruise liner denied Tuesday he had abandoned ship, as rescue divers found another five bodies in the wreckage, bringing the death toll to 11.A dramatic port authority recording of a telephone exchange as the disaster unfolded showed that captain Francesco Schettino
World NewsJan. 18, 2012
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Footage under scrutiny in Calif. murder-suicide
FRESNO, Calif. (AP) — Police are combing through video footage of a woman who recorded herself smoking methamphetamine before shooting her two young children, their father, a cousin and herself, seeking clues into a weekend tragedy that unfolded in California's Central Valley.The apparent murd
World NewsJan. 18, 2012
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Electronics frenzy tops $1 trillion
Sales of consumer electronics from smartphones to digital cameras will exceed $1 trillion for the first time this year, driving tin consumption higher just as stockpiles of the metal slump to a 33-month low. Demand will outpace supply for a third consecutive year, with the 9,400-metric-ton shortage seen by ITRI Ltd., a St. Albans, England-based industry group, enough to make about 9 billion mobile phones. London Metal Exchange inventories fell 52 percent since August to the lowest since April 20
World BusinessJan. 17, 2012
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U.S. retail group forecasts growth for 2012
NEW YORK (AP) ― The nation’s largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year’s 4.7 percent increase as job woes weigh on shoppers. Sales should reach $2.53 trillion in 2012, up from last year’s $2.45 trillion, boosted in part by higher prices across all goods, according to a report today from the National Retail Federation. The 3.4 percent bump would still outpace the 10-year annual average increase of almost 3.1 percent and would also mark a t
World BusinessJan. 17, 2012