Hanwha Techwin has been chosen as a preferred bidder for Doosan DST by Doosan Group and DST’s sales manager Credit Suisse was perhaps fate, destiny or meant to be. Also, given that DST’s other shareholders included Doosan Group’s private equity partners -- IMM and Mirae Asset, which already redeemed their investments in DST through dividends and bonuses -- it was highly unlikely that DST was goi...

The FBI has unlocked the iPhone used by one of the San Bernardino attackers, officials said Monday, ending a heated legal standoff with Apple that had pitted U.S. authorities against Silicon Valley. Apple, backed by a broad coalition of technology giants like Google and Facebook, was fiercely opposed to assisting the U.S. government in unlocking the iPhone on grounds it would have wide-reaching ...

Lydia Ko won the Kia Classic on Sunday at Aviara, reaffirming her position as the top player in the world heading into the first major championship of the season. Ko birdied the final three holes for her third straight 5-under 67 and a four-stroke victory over second-ranked Park In-bee. “I just kind of peeked at the leaderboard and saw In-bee was making a lot of birdies -- In-bee doing her In-b...

Bernie Sanders made a clean sweep of Democratic election contests in Alaska, Hawaii and Washington, although he barely dented the formidable lead enjoyed by frontrunner Hillary Clinton in the battle for the party's presidential nomination. US news networks showed Sanders winning by wide margins Saturday's caucus votes in all three western states. In Washington -- the biggest prize with 101 dele...

Long before blowing himself up in a crowd of innocent people, leaving behind a desperate will on his computer, suicide bomber Ibrahim El Bakraoui and his brother Khalid lived the lives of the classic Brussels hoodlum. Carjackings, robberies and shoot-outs with police were just some of the convictions collected by the brothers who took part in the deadly train and airport attacks in Brussels. Ba...

President Barack Obama’s visit to Cuba was heavy on symbolism and light on immediate results, but the aftershocks have the ability to shift Cuba’s future, analysts said Tuesday. “The most important effect of the whole visit in my view is the ‘I can hardly believe my eyes’ factor that it is happening,” said Paul Webster Hare, who teaches international relations at Boston University. After wrappi...

Stepping into history, President Barack Obama opened an extraordinary visit to Cuba on Sunday, eager to push decades of acrimony deeper into the past and forge irreversible ties with America‘s former adversary. ``This is a historic visit and a historic opportunity,’‘ Obama said as he greeted staff of the new U.S. Embassy in Havana. Air Force One touched down on a rainy, overcast day in the Cuba...

From Sydney‘s Opera House to New York’s Empire State Building and Paris‘s Eiffel tower, landmarks worldwide dimmed their lights Saturday for the 10th edition of the Earth Hour campaign against climate change. Millions of people from 178 countries and territories were expected to take part in WWF’s Earth Hour this year, organizers said, with monuments and buildings such as Berlin‘s Brandenburg Ga...

Without drama, SK Group chairman Chey Tae-won won his way back into the boardroom of the group’s holding firm SK Holdings on Friday, a key outcome of the “Super Friday” glut of shareholders meetings in Korea. More than 300 companies, including 10 SK companies, seven LG units and four Lotte affiliates, held their annual congress of shareholders on the day. As in previous years, shareholder debat...

A factional battle continued to engulf the ruling Saenuri Party on Friday over the candidate nomination for the April general election, with senior lawmakers defecting from the party in protest. Reps. Ahn Sang-soo and Cho Hae-jin said in the morning that they would leave the Saenuri Party to run as independents. They follow in the footsteps of Rep. Chin Young, former health minister, who left Th...

WASHINGTON (AFP) -- Merrick Garland, a centrist judge with a long and distinguished career in the halls of justice, is perhaps President Barack Obama’s best chance at persuading his Republican foes who control the Senate to confirm his Supreme Court nominee. Obama could have broken new ground by choosing a first-ever Asian-American -- or fifth woman, or third African-American -- to serve as one ...

Since taking his post in January, the main opposition party’s interim leader Kim Chong-in has been doing something that his predecessors have avoided in the past: driving out the elderly power brokers and outspoken liberal fighters First on Kim’s list was Rep. Moon hee-Sang, who had chaired the New Politics Alliance for Democracy, the predecessor to the Minjoo Party of Korea, from 2013 to 2014. ...

SK Group chairman Chey Tae-won faces a bumpy road for his return to the boardroom of the holding company SK Holdings, with some shareholders and civic groups strongly opposing the move. According to local news reports, the fund management division of the National Pension Service, the nation’s largest investor, will convene an investment committee meeting Wednesday to discuss a voting decision on...

The Korean version of tax-efficient savings account, which benchmarked a U.K. scheme, went on sale Monday as the government hopes it will boost household wealth amid a rise in floating money prompted by low interest rates and uncertainties in the investment market. A total of 33 financial companies, including banks, securities firms and insurers, have begun introducing their first tax-exempt Ind...

Korean Go master Lee Se-dol has proved human intuition can still surpass the ever-evolving artificial intelligence technology, with his first victory against Google’s AI program AlphaGo. “This single win is so valuable and I would never exchange this with anything in the world,” Lee said after the victory on Sunday in Seoul. Demis Hassabis, CEO of DeepMind, the AlphaGo developer, also offered h...