Most Popular
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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First-ever meeting of president, opposition chief set to finally happen
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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South Korea to launch space security center under spy agency
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More med professors to take day off each week while govt. urges them to stay
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Hybe refutes Ador CEO Min's denial of breach of trust
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S. Korea, Japan could consider simplified entry agreement: Seoul official
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Legoland Korea Resort to open until 9 p.m.
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Young stem cells make rapidly aging mice live longer, healthier
Mice bred to age too quickly seemed to have sipped from the fountain of youth after scientists injected them with stem cell-like progenitor cells derived from the muscle of young, healthy animals. Instead of becoming infirm and dying early as untreated mice did, animals that got the stem/progenitor
World NewsJan. 4, 2012
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Romney wins narrowest of victories in Iowa
Republican presidential candidate, former Massachusetts Gov. Mitt Romney address supporters with his wife Ann and their sons behind him during a Romney for President Iowa Caucus night rally in Des Moines, Iowa, Tuesday, Jan. 3, 2012. (AP)Mitt Romney Wednesday won the first battle in the 2012 W
World NewsJan. 4, 2012
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Romney, Santorum in close race in Iowa
DES MOINES, Iowa (AP) -- Mitt Romney was locked in a dead heat with Rick Santorum in Iowa’s Republican presidential caucuses, the opening contest in the campaign to pick a challenger to President Barack Obama.Romney, the longtime front-runner, and Santorum, whose campaign only recently gained momentum, each had about 25 percent of the vote with 99 percent of the state’s 1,774 precincts reporting.Texas congressman Ron Paul was running a close third in the caucuses -- evening meetings held at 809
World NewsJan. 4, 2012
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Flying 'shark’ stuns pilot
A remote-controlled helium-filled shark toy stunned an airborne pilot in New Zealand, NZ Newswire reported. The passenger jet was on its descent about 9 kilometers from Christchurch International Airport on Dec. 26 when the pilot encountered the “rogue shark” and radioed ground control. It was
Jan. 4, 2012
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Wendi Deng Twitter account found to be a fake
LONDON (AP) _ A Twitter account purported to be linked to the wife of media mogul Rupert Murdoch has turned out to be bogus.Twitter spokeswoman Rachel Bremer said Tuesday that the popular micro-blogging site “mistakenly verified'' the “Wendi_Deng'' account as genuine for a short time. She said the c
World NewsJan. 4, 2012
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Tiffany most exposed to luxury slowdown
With Europeans and Asians buying fewer $65,000 diamond necklaces and $10,000 amethyst earrings, Tiffany & Co. may be in for a less-than-glittering 2012. No U.S. luxury merchant is more exposed internationally. The world’s second largest jeweler generates almost half its sales outside of the Americas, up from 38 percent in 2006, according to data compiled by Bloomberg. Tiffany’s foreign sales are concentrated in Europe, which is facing a sovereign debt crisis, and Asia, where China’s growth is sl
World BusinessJan. 4, 2012
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Spain deficit may top 8%: minister
MADRID (AP) ― Spain’s government will approve further deficit-reduction measures this week, on top of the bombshell 15 billion euro ($19 billion) package of tax hikes and spending cuts they announced only days ago, ministers said Monday.They also said the 2011 budget deficit could be even higher than the 8 percent of GDP announced last week. That figure was already a major increase on the 6 percent forecast by the previous government.Treasury Minister Cristobal Montoro said the new measures woul
World BusinessJan. 4, 2012
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Jim O’Neill sees aging labor in BRICs
Global growth slows to 3.9 percent as BRIC nations diminished by populationA year ago, Catherine Liu employed more than 2,000 people at her five Shanghai luggage-making factories. Now, as the dwindling supply of low-paid young workers forces wages and costs higher, she has 1,200 left. “Local workers are getting much older,” said Liu, owner of Shanghai Worldwide Trading Co. “If you want to train them, they must be young. It’s very difficult to survive.” Aging and shrinking labor pools are also po
World BusinessJan. 4, 2012
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Movie sword-fight master Anderson dies
LONDON (AP) ― Olympic fencer and movie sword master Bob Anderson appeared in some of film’s most famous dueling scenes ― though few viewers knew it. Anderson, who has died at age 89, donned Darth Vader’s black helmet and fought light saber battles in two of the three original “Star Wars” films, “The Empire Strikes Back” and “Return of the Jedi.” Anderson, who worked with actors from Errol Flynn to Antonio Banderas during five decades as a sword master, fight director and stunt performer, died ea
World NewsJan. 3, 2012
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Republicans make final effort ahead of Iowa vote
WASHINGTON (AP) ― Republican presidential candidates were making their final pitches Monday, one day before Iowa voters gather in caucuses to become the first in the U.S. to chose a favorite to challenge President Barack Obama in the November election.Polls show former Massachusetts Gov. Mitt Romney locked in a close race with Texas Rep. Ron Paul, with former Pennsylvania Sen. Rick Santorum rising swiftly to challenge them. The Tuesday caucus meetings in Iowa could further define the seven-cand
World NewsJan. 3, 2012
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Saudis to let only women sell lingerie
RIYADH (AP) ― Saudi Arabia said Monday it will begin enforcing a law that allows only females to work in women’s lingerie and apparel stores, despite disapproval from the country’s top cleric.The 2006 law banning men from working in female apparel and cosmetic stores has never been put into effect, partly because of view of hard-liners in the religious establishment, who oppose the whole idea of women working where men and women congregate together, like malls.Saudi women ― tired of having to de
World NewsJan. 3, 2012
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Myanmar reduces sentences for many
YANGON (AP) ― Myanmar’s government announced Monday that it is reducing the sentences of many prisoners, but stopped short of declaring an amnesty that had been expected by many people.State television and radio said President Thein Sein signed a clemency order to mark the country’s 64th anniversary of independence on Wednesday.They said death sentences will be commuted to life imprisonment and prisoners serving more than 30 years will have their sentences cut to 30 years. Prisoners serving 20-3
World NewsJan. 3, 2012
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Saudi to apply law for women only to sell lingerie
RIYADH, Saudi Arabia (AP) _ Saudi Arabia said Monday it will begin enforcing a law that allows only females to work in women's lingerie and apparel stores, despite disapproval from the country's top cleric.The 2006 law banning men from working in female apparel and cosmetic stores has never been put
World NewsJan. 3, 2012
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Sarkozy 'knew about' arms commissions shell company: report
PARIS, Jan 2, 2012 (AFP) - President Nicolas Sarkozy knew about a shell company used to channel arms sales commissions in the 1990s, French media said Monday, amid a probe into alleged illegal party funding in France.The Liberation daily quoted testimony to a judge from a former senior civil servant
World NewsJan. 3, 2012
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Thousands protest over new Hungarian constitution
BUDAPEST, Hungary (AP) _ Tens of thousands of protesters on Monday jeered Hungarian leaders outside a glitzy gala to mark the country's brand new constitution, accusing the government of exerting control over everything from the media, to the economy and religion.A diverse crowd chanted, whistled an
World NewsJan. 3, 2012
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Iran tests cruise missile during navy war games
TEHRAN (AFP) ― Iran on Monday successfully tested a Ghader ground-to-ship cruise missile on the last day of navy war games near the Strait of Hormuz, the official news agency IRNA quoted a navy spokesman as saying. “This missile built by Iranian experts successfully hit its target and destroyed it,” Commodore Mahmoud Mousavi was quoted as saying. He said it was “the first time” a Ghader missile had been tested. The Ghader missile, also known as the Qader, is said to have a range of 200 kilometer
World NewsJan. 2, 2012
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Long-awaited Facebook IPO looms in 2012
NEW YORK (AFP) ― Facebook co-founder and chief executive Mark Zuckerberg has deflected talk of going public for years but it looks like it is finally going to happen in 2012.“The Facebook IPO will be the biggest financial event in the tech industry for 2012,” Forrester Research analyst Josh Bernoff said, and one of the biggest initial public offerings ever in the United States.Nick Einhorn, an analyst at Renaissance Capital, said he expects Facebook to file its IPO paperwork with the U.S. Securi
World BusinessJan. 2, 2012
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H.K. set to retain global IPO crown
HONG KONG (AFP) ― Hong Kong looks set to retain its crown as the world’s biggest IPO market for the third year in a row, piping New York, but analysts warn of a tough 2012 as market volatility continues.The southern Chinese city overtook New York in 2009 to become the top venue for new listings, as a slew of companies turned to the Asian financial hub in a bid to tap mainland China’s explosive growth and cash-rich investors.Despite a choppy year, exacerbated by the eurozone debt crisis that saw
World BusinessJan. 2, 2012
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India opens stock market to foreign investors
NEW DELHI (AFP) ― India announced on Sunday that it would open up its stock market to individual foreign investors for the first time, in a major economic reform designed to boost overseas investment.The Indian economy has grown strongly over the last 15 years and many foreign investors have been keen to enter the market in a fast-developing country of 1.2 billion people.However recent financial data has been disappointing, with the main Sensex index for the Mumbai market recording a 25 percent
World BusinessJan. 2, 2012
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EU aim to buy time to save currency
European leaders return to work from Christmas holidays seeking to buy time for the Spanish and Italian governments to wrest control over their debt and rescue the single currency from fragmentation as the region’s crisis enters a new year. Some 157 billion euros ($203 billion) in debt will mature in the 17-member euro area in the first three months of 2012, according to UBS AG. By the end of that period, leaders have pledged to draft a stricter rulebook for controlling government spending. Germ
World BusinessJan. 2, 2012