Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Some junior doctors are returning: Health Ministry
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Army takes group action against Hybe for neglecting BTS
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[Robert J. Fouser] AI changes rationale for learning languages
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Woman dangling from power lines rescued by residents holding blanket
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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‘ My husband gave his life for me ’: Italy ship survivor
Night view on Jan. 16 of the cruise liner Costa Concordia aground in front of the harbour of Isola del Giglio after hitting underwater rocks on Jan. 13. (AFP-Yonhap News)TOULOUSE, France (AFP) - The widow of a Frenchman who died on the Costa Concordia luxury liner gave a chilling account Monday of h
PodcastJan. 17, 2012
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Ireland's former richest person declared bankrupt
DUBLIN (AP) _ A famed entrepreneur who was once rated Ireland's richest person was declared bankrupt Monday as a bank pursues him for debts exceeding (euro) 2.1 billion ($2.7 billion).Lawyers for tycoon Sean Quinn withdrew his opposition to a Republic of Ireland bankruptcy order sought by the former
World NewsJan. 17, 2012
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Feisty Sarkozy shrugs off French credit downgrade
MADRID (AP) _ French President Nicolas Sarkozy has bluntly declared that a harsh downgrade by Standard & Poor's of France's formerly top-rung debt rating ``changes nothing'' for the eurozone's No. 2 economy. Nicolas Sarkozy, France's president, speaks during a news conference with Mariano Rajoy
World BusinessJan. 17, 2012
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S&P downgrades eurozone bailout fund to AA+
BRUSSELS (AP) _ Rating agency Standard & Poor's said Monday it has downgraded the creditworthiness of the eurozone's rescue fund by one notch to AA+, putting the fund's ability to raise cheap bailout money at risk.The downgrade follows ratings cuts for AAA-rated France and Austria, whose financial g
World BusinessJan. 17, 2012
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European retailers rise on glimmers of stabilization
European consumer-discretionary companies such as Marks & Spencer Group Plc are outperforming consumer-staple businesses including Nestle SA, indicating investors’ forecasts for the region’s economy were too pessimistic. Investors have pushed shares of the discretionary group higher in recent weeks as concerns about another prolonged recession have moderated, according to Robert Griffiths, a London-based pan-European equity strategist at Royal Bank of Scotland Group Plc. These stocks historicall
World BusinessJan. 16, 2012
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Japan’s machinery orders jump 14.8%
Japan’s machinery orders rebounded in November, signaling that companies are willing to invest even as the yen remains strong and the global economy slows. Bookings, an indicator of future capital spending, rose 15 percent in November from a month earlier, the Cabinet Office said in Tokyo Monday. The median estimate of 29 economists surveyed by Bloomberg News was for a 5.1 percent increase. Weak overseas demand and gains in the yen have cut profits at Japanese exporters from Nippon Steel Corp. t
World BusinessJan. 16, 2012
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Iran warns Gulf Arabs on oil supply
Raising new concerns, Iran warns Gulf Arab producers to not ramp up productionCAIRO (AP) ― Iran warned Gulf Arab oil producers against boosting production to offset any potential drop in Tehran’s crude exports in the event of an embargo affecting its oil sales, the latest salvo in the dispute between the West and the Islamic Republic over its nuclear program. The comments by Iran’s OPEC governor, published Sunday, came as Saudi Arabia’s oil minister was quoted the same day denying that his count
World BusinessJan. 16, 2012
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Russian space probe crashes
MOSCOW (AP) ― A Russian space probe designed to boost the nation’s pride on a bold mission to a moon of Mars has come down in flames, showering fragments into the south Pacific west of Chile’s coast, officials said.Pieces from the Phobos-Ground, which had become stuck in Earth’s orbit, landed in water Sunday 1,250 kilometers west of Wellington Island in Chile’s south, the Russian military Air and Space Defense Forces said in a statement carried by the country’s news agencies.The military space t
World NewsJan. 16, 2012
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Huntsman to quit U.S. presidential race
WASHINGTON (AP) ― Jon Huntsman, the former ambassador to China who tried to avoid partisan attacks during a presidential campaign that never connected with Republican primary voters, will withdraw Monday from the race for the nomination, campaign officials told the Associated Press on Sunday.Huntsman will endorse front-runner Mitt Romney at an event in South Carolina, where the next primary will be held, the officials said. Huntsman believes Romney is the best candidate to beat President Barack
World NewsJan. 16, 2012
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Cruise captain blasted as more bodies are found
GIGLIO, Italy (AP) ― Maritime authorities, passengers and mounting evidence pointed Sunday toward the captain of a cruise liner that ran aground and capsized off the Tuscan coast, amid accusations that he abandoned ship before everyone was safely evacuated and was showing off when he steered the vessel far too close to shore.Divers searching the murky depths of the partially submerged Costa Concordia found the bodies of two elderly men still in their life jackets, bringing the confirmed death to
World NewsJan. 16, 2012
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Chinese basketball star Yao Ming enters politics
SHANGHAI (AFP) ― Not content with owning a basketball team, studying business and making wine, China’s former NBA superstar Yao Ming has now become the youngest ― and tallest ― legislative advisor in Shanghai.The 31-year-old was formally accepted as a member of an advisory body to Shanghai’s legislature at the weekend ― a position that entitles him to make proposals for possible new laws ― the official China Daily reported.A photograph printed by the newspaper shows the 2.29-meter Yao towering a
World NewsJan. 16, 2012
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‘Hillary’s lawyer’ proud of Korea
WASHINGTON (Yonhap News) ― Working as the chief legal adviser of the U.S. State Department, Harold Hongju Koh calls Secretary of State Hillary Clinton his “client,” rather than the boss.Koh, a prominent Korean-American expert on international law, starts his working day by meeting with Clinton. “I am the legal adviser of the U.S. Department of State, which means that I am a lawyer for Secretary of State Hillary Clinton and I do the international law work for the U.S. Department of State. I super
World NewsJan. 16, 2012
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S. Korean couple recalls 30 hours trapped in wrecked ship
A South Korean honeymoon couple who survived a fatal cruise ship accident in Italy on Monday recounted their panic-filled 30 hours spent trapped inside the darkened and upended ship. (Yonhap News)"We slipped into the corridor as water began to rise in our cabin. We then shouted ourselves hoarse
World NewsJan. 16, 2012
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Cruise company: Captain made ‘errors in judgment’
The luxury cruise ship Costa Concordia leans on its side after running aground the tiny Tuscan island of Giglio, Italy, Saturday, Jan. 14, 2012. (AP) People stop and look the cruise ship Costa Concordia leaning on its side, after it ran aground off the tiny Tuscan island of Giglio, Italy, Sunday, Ja
World NewsJan. 16, 2012
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Perry: Marines in video are 'kids,' not criminals
WASHINGTON (AP) — Republican presidential hopeful Rick Perry on Sunday accused the Obama administration of "over-the-top rhetoric" and "disdain for the military" in its condemnation of a video that purportedly shows four Marines urinating on corpses in Afghanistan.Perry's comments put him at o
PodcastJan. 16, 2012
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Russian space probe crashes into Pacific
MOSCOW (AP) _ A Russian space probe designed to boost the nation's pride on a bold mission to a moon of Mars came down in flames Sunday, showering fragments into the south Pacific west of Chile's coast, officials said.Pieces from the Phobos-Ground, which had become stuck in Earth's orbit, landed in
TechnologyJan. 16, 2012
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Ship aground off Italy; 3 bodies found
PORTO SANTO STEFANO, Italy (AP) -- Survivors who escaped a luxury cruise liner that ran aground and tipped over off Italy’s coast recounted a chaotic and terrifying evacuation through the ship’s upended hallways on Saturday, as divers searched the submerged part for any people still unaccounted for in the confusion.Three bodies were recovered from the sea after the Costa Concordia with 4,234 people aboard ran aground hundreds of meters off the tiny island of Giglio near the coast of Tuscany late
World NewsJan. 15, 2012
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‘French Steve Jobs’ shakes up mobile phone market
PARIS (AFP) ― Hailed as the French Steve Jobs, entrepreneur Xavier Niel is shaking up the country’s mobile phone market with a maverick style far removed from France’s traditionally conservative business practices.A rare business heavyweight not to emerge from the country’s elite universities, Niel started his career in the 1980s operating adult chat services on a French forerunner to the Internet called Minitel.In 2002 he launched Freeview, a pioneering set-top box that offered combined Interne
World BusinessJan. 15, 2012
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iPad 3 is coming in March
Apple Inc.’s next iPad, expected to go on sale in March, will sport a high-definition screen, run a faster processor and work with next-generation wireless networks, according to three people familiar with the product. The company’s manufacturing partners in Asia started ramping up production of the iPad 3 this month and plan to reach full volumes by February, said one of the people, who asked not to be named because the details aren’t public. The tablet will use a quad-core chip, an enhancement
World BusinessJan. 15, 2012
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P.M. says Japan must tackle debt to avoid rate cut
TOKYO (AP) ― Japan’s prime minister, attempting to build support for painful fiscal reforms, said Saturday that the country should be alarmed by ratings cuts in Europe and must tackle its massive public debts to avoid becoming the next target.Japan’s debt is more than twice its gross domestic product, higher than any of the struggling European economies whose fiscal problems have set off a eurozone crisis that has reverberated in markets around the world. Japan’s credit rating was downgraded las
World BusinessJan. 15, 2012