Most Popular
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Korean labor force to shrink by 10 million by 2044: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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Allegations surrounding BTS resurface, enraged fans demand apology
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Students with history of violence will be barred from becoming teachers
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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Medical feud leaves hospitals in financial crisis
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Samsung mocks Apple over iPhone alarm glitch
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'Queen of Tears' riding high on Netflix chart
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Chip up cycle won’t stay long: SK chief
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'Super Rich in Korea' will leave viewers appreciating Korea more: producers
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IMF moves toward new power reform: source
WASHINGTON (AFP) -- The International Monetary Fund’s executive board on Wednesday moved toward a fundamental restructuring of voting rights that will give more clout to emerging economies like China and Brazil, a source close to the board told AFP.The board agreed on the outlines of a new structure for setting voting power and contributions in the Washington-based lender that will recognize the rise of the emerging economies in the global economy, the source said.The reform still has to be defi
World BusinessMarch 8, 2012
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Investors with 60% of Greek bonds agree to debt swap
Investors with about 60 percent of the Greek bonds eligible for the nation’s debt swap have so far indicated they’ll participate, putting the country on the verge of the biggest sovereign restructuring in history. Greece’s largest banks, most of the country’s pension funds, and more than 30 European banks and insurers including BNP Paribas SA, Commerzbank AG and Assicurazioni Generali SpA have agreed to the offer. That brings the total to about 124 billion euros ($163 billion), based on data com
World BusinessMarch 8, 2012
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Karzai under fire on Afghan women‘s rights
President Hamid Karzai‘s U.S.-backed government is under fire this International Women’s Day, accused of selling out on Afghan women‘s rights as it tries to woo the Taliban into peace talks.Lawmakers, rights organizations and analysts say that the Afghan leader, by endorsing an edict calling women second-class citizens, has endangered hard-won progress in women’s rights since the Taliban fell from power in 2001.The Afghanistan Human Rights and Democracy Organization denounced authorities for try
World NewsMarch 8, 2012
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World first: Images of atoms moving in a molecule
PARIS (AFP) ― Scientists on Wednesday said they had recorded the first real-time images of atoms moving in a molecule, a feat that captured movement lasting less than one millionth of a billionth of a second.The exploit entailed directing an ultra-fast laser onto molecules of nitrogen and of oxygen. Its pulse of light knocked a single electron out of its orbit around one of the atoms.The electron tumbled back onto the molecule, causing a tiny collision that, like ripples in a pond, proved a “bac
World NewsMarch 8, 2012
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Biggest solar storm in years races toward Earth
WASHINGTON (AP) -- The largest solar storm in five years was due to arrive on Earth early Thursday, promising to shake the globe‘s magnetic field while expanding the Northern Lights.The storm started with a massive solar flare earlier in the week and grew as it raced outward from the sun, expanding like a giant soap bubble, scientists said. When it strikes, the particles will be moving at 4 million mph.``It’s hitting us right in the nose,‘’ said Joe Kunches, a scientist for the National Oceanic
World NewsMarch 8, 2012
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Chimps have ‘police,’ too
(123rf image)Scientists have revealed that certain members in a chimpanzee group act as an impartial “police” to mediate conflicts and preserve peace, Science Daily and livescience.com reported Wednesday.Animal groups handle conflicts in a variety of ways, but the arbiters in chimps, gorillas, orang
PodcastMarch 8, 2012
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More natural gas vehicles hitting the market
More natural gas-powered vehicles will hit the market soon, as rising gasoline prices, booming natural gas production and proposed tax credits make them a more attractive option. But they’re a long way from being a common sight in U.S. driveways.Starting in July, Chrysler will sell a Ram 2500 Heavy Duty pickup that runs on compressed natural gas. The truck has both gasoline and natural gas storage tanks, and the engine shifts automatically between the two, without the driver needing to push a sw
World BusinessMarch 8, 2012
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Syrian deputy oil minister joins rebel ranks
DAMASCUS (AFP) ― Syria’s deputy oil minister resigned on Thursday, becoming the most senior official to join the rebel ranks, as Washington revealed it is mulling non-lethal aid to the insurgency.Abdo Hussameddin announced his resignation in a video posted by activists on YouTube, saying he was joining the revolt.“I, the engineer Abdo Hussameddin, the deputy oil minister... announce my defection from the regime and my resignation,” he said in the video. “I am joining the revolution of the people
World NewsMarch 8, 2012
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Iran may be cleaning up nuclear work
VIENNA (AP) ― Satellite images of an Iranian military facility appear to show trucks and earth-moving vehicles at the site, indicating an attempted cleanup of radioactive traces possibly left by tests of a nuclear-weapon trigger, diplomats told the Associated Press on Wednesday.The assertions from the diplomats, all nuclear experts accredited to the International Atomic Energy Agency, could add to the growing international pressure on Iran over its nuclear program, which Tehran insists is for pe
World NewsMarch 8, 2012
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Romney must ease independents’ concerns
WASHINGTON (AP) ― Mitt Romney’s uninspiring showing in Super Tuesday’s primaries nonetheless moves him closer to the Republican presidential nomination. But a string of events and voter data underscore his challenge in winning independent voters turned off by the long, divisive primary.Romney won a tight race against Rick Santorum in Ohio, where he heavily outspent his main rival, and posted victories in Massachusetts, Virginia, Vermont , Idaho and Alaska. Tuesday’s mixed results will not change
World NewsMarch 8, 2012
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China calls Tibetan immolators criminals, outcasts
Chinese officials sought Wednesday to discredit Tibetans who have set themselves on fire to protest China‘s rule over their region, calling them outcasts, criminals and mentally ill people manipulated by the exiled Dalai Lama.The Tibetan Buddhist spiritual leader has said he does not encourage the self-immolations. However, Chinese officials have sought to portray the past year’s wave of about two dozen immolations -- including three since Saturday -- as the result of outside orchestration rathe
World NewsMarch 8, 2012
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Forbes’ richest list grows to 1,226 globally
WASHINGTON (AFP) ― Mexico telecoms czar Carlos Slim topped the Forbes annual world’s richest list Wednesday, holding the edge over Microsoft’s Bill Gates who continued to give away billions of his fortune to charity.Despite a $6 billion hit to his wealth from slumping stock markets over the past year, Forbes said Slim’s $69 billion was enough to keep him on top of its global billionaires list for the third straight year.Gates, the co-founder of Microsoft, had a fortune worth $61 billion, still h
World BusinessMarch 8, 2012
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World NewsMarch 8, 2012
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EU: Hungary must answer more questions to get aid
The Hungarian parliament building stands illuminated in evening light beside the Danube river, in Budapest, Hungary, on Monday, March 5, 2012. (Bloomberg)The European Union said Wednesday that Hungary has more questions to answer about its respect for democratic rights and freedoms before talks can
World NewsMarch 8, 2012
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French premier reaches out to Jews, Muslims
PARIS (AP) ― France’s prime minister scrambled Wednesday to dispel concerns in the Jewish and Muslim communities after criticizing the ritual slaughter of animals for kosher and halal meat.Halal meat in particular has emerged as a hot-button issue in the campaign for presidential elections starting next month in France, a country with at least 5 million Muslims, the largest such population in western Europe.Francois Fillon’s call for religions to “reflect” upon what he called outdated traditions
World NewsMarch 8, 2012
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Romney eyes win, but long slog ahead for Republicans
Mitt Romney‘s campaign said Wednesday it would take “an act of God” for rivals to win the Republican presidential nomination, but the party is bracing for a rough, divisive fight well past Super Tuesday.Romney collected six victories in the 10-state voting bonanza including Ohio, the pivotal battlefield which he won in a nailbiter against his most persistent challenger, Rick Santorum.While Romney boosted his pole position in the race to become the Republican Party’s nominee against President Bar
World NewsMarch 8, 2012
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Romney tightens grip on Republican nomination
BOSTON, Massachusetts (AFP) -- Mitt Romney edged out rival Rick Santorum in a nail-biter vote in Ohio as he tightened his grip on the 2012 Republican presidential nomination with a string of Super Tuesday wins.Santorum kept his hopes alive with a trio of victories in North Dakota, Oklahoma and Tennessee, but Romney took six states: Idaho, Massachusetts, Virginia, Vermont, Alaska and -- in the most closely watched contest -- Ohio.Former House speaker Newt Gingrich won resoundingly in his home sta
World NewsMarch 7, 2012
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Olympus, ex-officials charged: prosecutors
OKYO(AFP) ― Japanese prosecutors said Wednesday they had charged scandal-hit Olympus and three former senior executives over a huge loss cover-up.It came as the 20-day detention period of former president Tsuyoshi Kikukawa, named as a key player in a scheme to shift $1.7 billion of losses from the camera-maker’s balance sheet, expired.Tokyo District prosecutors said Kikukawa, two other former Olympus executives, Hideo Yamada and Hisashi Mori, and three financial advisers conspired to falsify the
World NewsMarch 7, 2012
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Gates beats Ellison in daily ranking of tech billionaires
Gates, chairman of Redmond, Washington-based Microsoft, was worth $61.3 billion as of the close of U.S. trading Tuesday, down $805.4 million for the day, according to a daily ranking of the industry’s wealthiest titans compiled by Bloomberg News. Oracle Corp.’s Larry Ellison and Mark Zuckerberg, who runs Facebook Inc., ranked second and third, respectively. The ranking, published on Bloomberg.com, reflects how changes in markets and the economy affect the executives’ stakes in publicly traded an
World BusinessMarch 7, 2012
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Europe economy shrinks as investment, exports fall
Europe’s economy contracted in the fourth quarter as investment declined by the most since 2009 and exports and consumer spending dropped. Gross domestic product shrank 0.3 percent from the third quarter, the European Union’s statistics office said Tuesday, confirming an estimate published on Feb. 15. Exports fell 0.4 percent after a 1.4 percent gain in the previous three months, while household spending declined 0.4 percent and investment dropped 0.7 percent. While Europe is facing its second r
World BusinessMarch 7, 2012