Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Police shoot gunman as he stalks Hollywood streets
LOS ANGELES (AP) -- A 26-year-old man walked down the middle of a street in Hollywood, firing on passing cars with no clear target until police shot and killed him, authorities said. A passing driver was injured.Investigators are trying to determine a motive for the attack, which some people thought
PodcastDec. 11, 2011
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Oil rallies with euro, equities on EU deal
World BusinessDec. 10, 2011
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Wall St rallies on EU deal but concerns linger
World BusinessDec. 10, 2011
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Europe pushes ahead with fiscal union, UK isolated
World BusinessDec. 10, 2011
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New treaty to save euro splits European Union
BRUSSELS (AP) ― Leaders of 23 European countries desperate to save the continent’s shared currency agreed in all-night talks Friday to surrender some sovereignty in a new treaty ― but failed to get all 27 European Union members to join in.The split between those in the new treaty and those outside rattles the foundations of a union created to foster peace and prosperity across a bloodied Europe after World War II. The EU has struggled to unite to stem a 2-year-old spiral of debt that started in
World BusinessDec. 9, 2011
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Virginia Tech gunman kills officer, later found dead
BLACKSBURG, Virginia (AP) ― A gunman killed a police officer in a Virginia Tech parking lot and was found dead nearby Thursday in an attack that sent fear through the campus nearly five years after it was the scene of the deadliest shooting rampage in modern U.S. history.The school locked down for hours and warned students and faculty members via email and text message to stay indoors. The shootings came as university officials were in Washington appealing a fine that U.S. officials gave them ov
World NewsDec. 9, 2011
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Hospital fire in Indian city of Kolkata kills 61
KOLKATA, India (AP) -- A fire swept through a hospital in the Indian city of Kolkata early Friday, killing 61 people, many of them patients, and sending emergency workers scrambling to evacuate survivors from the smoke-filled building, officials said. Government officials accused the hospital staff of abandoning the patients and fleeing the building after the fire broke out. “It‘s a very serious offense, and we will take the strongest action,” West Bengal Chief Minister Mamata Banerjee said at t
World NewsDec. 9, 2011
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NATO, Russia say still no agreement on missiles
BRUSSELS (AP) ― Russia and NATO remain deadlocked on a long-running dispute over the alliance’s plan for a missile shield for Europe, officials said Thursday, and Russia warned that time was running out for an agreement.NATO’s Secretary-General Anders Fogh Rasmussen reported no progress toward a deal on the contentious issue, following a key discussion among alliance foreign ministers and Russia’s Foreign Minister Sergey Lavrov that came amid political turmoil in Russia and tart criticism of the
World NewsDec. 9, 2011
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Iran shows video of purported U.S. drone
TEHRAN (AP) ― Iranian state TV broadcast video Thursday of what it said was the high-tech U.S. drone that Tehran says its forces downed earlier this week, and lodged a diplomatic complaint over the violation of its airspace.The more than two minutes of footage showed Iranian military officials inspecting what state TV identified as the RQ-170 Sentinel drone, and offered the first evidence that Tehran had captured the aircraft. The beige-colored drone appeared intact and undamaged.The chief of th
World NewsDec. 9, 2011
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China inflation cools to 4.2%
China’s inflation cooled to the slowest pace in 14 months in November, giving policy makers more room to loosen policies as export growth slows because of Europe’s debt crisis. Consumer prices rose 4.2 percent from a year earlier, the statistics bureau said on its website. That was lower than all estimates in a Bloomberg News survey of 35 economists that had a median forecast of 4.5 percent. Producer prices gained 2.7 percent, the smallest increase in 23 months. The fourth month of slowing infla
World NewsDec. 9, 2011
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Ford ends 5-year dividend drought with 5-cent payout
Ford Motor Co., the second-largest U.S. automaker, declared Thursday a 5-cent quarterly dividend, its first payout to shareholders since September 2006. The move comes after Ford earned $1.65 billion in the three months ended in September, its 10th consecutive profitable quarter, and negotiated a new four-year contract with the United Auto Workers covering its 40,600 U.S. hourly workers. The dividend will be paid March 1 to shareholders of record on Jan. 31, the Dearborn, Michigan-based automake
World NewsDec. 9, 2011
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Household wealth in U.S. takes biggest hit since 2008
WASHINGTON (AP) ― Americans’ wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values lost value.At the same time, corporations raised their cash stockpiles to record levels.Household net worth fell 4 percent to $57.4 trillion in the July-September quarter, according to a Federal Reserve report released Thursday. It was the sharpest drop since the tumultuous period after the September 2008 bankruptcy of investment bank Lehman Brothers
World NewsDec. 9, 2011
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Angels sign Pujols for $254m
DALLAS (AP) ― Albert Pujols could have been a wealthy Cardinal for life, planning for the day his statue would be erected outside Busch Stadium next to those of Stan Musial, Bob Gibson and the other St. Louis greats.Instead, exactly six weeks after leading the Cardinals to a second title in one of the most thrilling World Series ever, he decided to accept the second-highest contract in Major League Baseball history for a new future in southern California with the Los Angeles Angels.The three-tim
World NewsDec. 9, 2011
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Coke secret formula gets 1st new home since 1925
ATLANTA (AP) _ The Coca-Cola Co. has made its secret formula the centerpiece of a new exhibit at its corporate museum, ditching the confines of the bank vault where the list of ingredients had been stored since 1925.The world's largest beverage maker said Thursday a new vault containing the formula
World NewsDec. 9, 2011
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Virginia Tech locks down as cop, 1 other killed
BLACKSBURG, Virginia (AP) _ A gunman walked into a parking lot and killed a Virginia Tech police officer who was conducting a traffic stop Thursday, state police said, in the first gunfire on campus since 33 people were killed in 2007 in the deadliest mass shooting in modern U.S. history. Students r
World NewsDec. 9, 2011
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EU summit to seek bigger ‘bazooka’ against debt crisis
BRUSSELS (AFP) ― Eurozone leaders will seek a bigger financial “bazooka” to battle the debt crisis and mull radical steps towards deeper union with treaty change at a game-changing EU summit opening Thursday.“Markets don’t give a hoot about treaty change as it’s all long-term,” said an EU source close to backroom talks ahead of the two-day meeting. “Money is all they care about and we need to convince.”With the entire 17-nation area, even powerhouse Germany, under threat of a ratings downgrade a
World BusinessDec. 8, 2011
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Berkshire buys power project in Buffett solar bet
Warren Buffett’s MidAmerican Energy Holdings utility agreed to buy the $2 billion Topaz project in southern California, branching into solar power after the industry was battered by stock markets around the world.The Topaz Solar Farm will be one of the world’s largest photovoltaic power plants and is being developed by the seller, First Solar Inc. of Tempe, Arizona, according to a joint statement Wednesdday. Terms weren’t disclosed. The project’s 550- megawatt capacity is equal to about half a n
World BusinessDec. 8, 2011
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Foreigners in China squeezed by taxes
Foreign firms, employees under tough pressure from pension, tax changesBEIJING (AP) ― Foreign companies that are looking to China to shore up wilting global sales have been hit by higher payroll taxes, surcharges to subsidize unions and other changes that are making conditions tougher just as economic growth slows. The biggest worry for many is an abrupt order for foreign workers and their employers to start paying up to 40 percent of their wages for pensions and other welfare. Automakers face a
World BusinessDec. 8, 2011
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Investors predict China bank crisis
Most global investors predict China will face a banking crisis within the next five years, paring their appetite for the nation’s shares and eroding confidence in its leadership, a Bloomberg Global Poll indicated. Sixty-one percent of respondents said they anticipate a crash in the financial industry by late 2016, and only 10 percent were confident China’s banks will escape trouble, according to the quarterly poll of 1,097 investors, analysts and traders who are Bloomberg subscribers conducted D
World BusinessDec. 8, 2011
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World’s oldest dog dies at age 26
TOKYO (AP) ― The world’s oldest dog according to Guinness World Records has died at the age of 26 years and eight months.Pusuke, a fluffy tan Shiba mix, died Monday after suddenly falling ill and refusing to eat, owner Yumiko Shinohara told reporters at her home in Sakura, a city outside Tokyo.“I would just like to thank him for staying alive so long,” Shinohara told TV network FNN. The report said Pusuke’s lifespan would have been the equivalent of about 125 years for a human.According to Guinn
World NewsDec. 8, 2011