Most Popular
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Court refuses injunction on medical school expansion
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Debate on 'no-seniors zones' heats up
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Is NewJeans headed for a long 'break'?
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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S. Korea, Cambodia forge strategic partnership
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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What's next for the government's push in quota hike?
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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Davos looks to China’s investments abroad
DAVOS, Switzerland (AP) ― Chinese investment abroad is drawing scrutiny as global leaders increasingly look to China to prop up the world economy, even though some remain wary of the country’s dominance.The head of one of China’s biggest private equity firms said at the World Economic Forum on Thursday that foreign prejudice about Chinese investment is unfair and that Chinese investors are still learning a game that much of the world has been playing for decades.With China’s “state capitalism” b
World BusinessJan. 27, 2012
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Poland signs copyright treaty that drew protests
Poland on Thursday signed an international copyright agreement, sparking more demonstrations by Internet users who have protested for days over fear it will lead to online censorship. Internet activists protest against the international copyright agreement ACTA in front of the European Parliament of
World NewsJan. 27, 2012
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Kyrgyz inmates sew mouths shut
Inmates in the Kyrgyz prison system sewed their mouths shut after guards tried to force-feed them to break a hunger strike, a broadcaster reports. A prisoner on a hunger strike has his mouth sewn with a wire at a prison in Bishkek January 24, 2012. More than 1,000 inmates throughout Kyrgy
World NewsJan. 27, 2012
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NASA: Asteroid may have retained ice
This image obtained by NASA`s Dawn spacecraft shows the south pole of the giant asteroid Vesta. (NASA)GREENBELT, Md., Jan. 25 (UPI) -- NASA says data from its Dawn mission to the asteroid Vesta suggests the rocky body is cold and dark enough to have retained ice for billions of years.Modeling of Ves
World NewsJan. 27, 2012
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Davos calls for global action on cybercrime
DAVOS, Switzerland (AFP) ― International action to snuff out cybercrime is desperately needed, officials and business leaders said here, warning that criminals move at Internet speed while countries drag their feet.Many hackers are no longer just mischievous individuals. Instead well-funded organizations do it for profit, along with spies and terrorists, but many governments are struggling to fight it.“Many countries don’t have laws to criminalize cyber crime, they don’t have means and tools to
World NewsJan. 26, 2012
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Davos elite: Capitalism has widened income gap
DAVOS, Switzerland (AP) ― A four-year economic crisis has left societies battered and widened the gap between the haves and have-nots, financial leaders conceded Wednesday ― with one suggesting that Western-style capitalism itself may be endangered.As Europe struggles with its debt crisis and the global economic outlook remains gloomy at best, there’s a sense at the heavily guarded World Economic Forum that free markets are on trial.Many at the elite economic gathering in the Swiss Alps accept t
World BusinessJan. 26, 2012
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Apple tops Exxon as most valuable firm
NEW YORK (AP) ― Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market’s close. Apple’s stock rose as much as 8 percent, while Exxon’s fell as much as 2 percent during trading Wednesday. Exxon Mobil Corp.’s stock closed up 4 cents at $87.22 for a market capitalization of $418 billion. Apple’s increased 6 percent to $446.66 for a market cap of about $415 billion. Apple said Tuesday that net income in i
World BusinessJan. 26, 2012
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Iran eyes banning oil sales to Europe
Lawmakers to take up bill banning oil exports to European countries in retaliation for embargoTEHRAN (AP) ― Iran’s parliament will begin debating a draft bill requiring the government to immediately halt oil exports to Europe, a prominent lawmaker said Wednesday, as Tehran weighs its options following the European Union’s decision to stop importing oil from the country. The EU embargo, announced on Monday, was the latest attempt to try to pressure Iran over a nuclear program the United States an
World BusinessJan. 26, 2012
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Ailing Portugal’s bond yields hit record highs
LISBON (AP) ― The yield on Portuguese bonds in the secondary market climbed to euro-era records Wednesday amid market fears that the bailed-out country won’t be able to break free of its financial crisis in the near future. The yield on 3-year bonds reached 19.4 percent Wednesday. The rate on 5-year bonds was 18.7 percent and on 10-year bonds was 14.6 percent. Portugal needed a 78 billion-euro ($101 billion) rescue package last year as its high debt load and feeble growth pushed it towards bankr
World BusinessJan. 26, 2012
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Merkel: Europe’s strugglers must reform
German chancellor warns Germany cannot be relied on to bailout all European countriesBERLIN (AP) ― German Chancellor Angela Merkel has stuck to her agenda of reform for Europe’s debt-troubled countries, warning that her country doesn’t have an infinite ability to help.Speaking in an interview with six European newspapers published Wednesday, Merkel also dismissed increasing pressure for the 17 countries that use the euro to beef up their financial firewall, clashing with comments made by Interna
World BusinessJan. 26, 2012
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Greek filmmaker Angelopoulos dies
ATHENS (AP) ― He was known for his slow and dream-like directing style and had enough stamina at 76 to be working on his latest movie.But award-winning Greek filmmaker Theo Angelopoulos was killed in a road accident Tuesday after being hit by a motorcycle while walking across a road close to a movie set near Athens’ main port of Piraeus.The driver, who was also injured and hospitalized, was later identified as an off-duty police officer.The accident occurred while Angelopoulos was working on his
World NewsJan. 26, 2012
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Division in Tahrir as Egyptians mark revolt
CAIRO (AP) ― Crowds of several hundred thousands teemed in Cairo’s Tahrir Square on Wednesday to mark the first anniversary of Egypt’s 2011 uprising, with liberals and Islamists in a competition over the course of the revolution, reflecting the deep political divides since the downfall of longtime leader Hosni Mubarak.Massive groups tens of thousands marched through different neighborhoods of Cairo in processions organized by liberal and secular groups, growing on route and chanting for the mili
World NewsJan. 26, 2012
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Japan kept silent on worst nuclear crisis scenario
TOKYO (AP) ― The Japanese government’s worst-case scenario at the height of the nuclear crisis last year warned that tens of millions of people, including Tokyo residents, might need to leave their homes, according to a report obtained by the Associated Press. But fearing widespread panic, officials kept the report secret.The recent emergence of the 15-page internal document may add to complaints in Japan that the government withheld too much information about the world’s worst nuclear accident
World NewsJan. 26, 2012
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IAEA checks Japan reactor pending safety approval
OHI, Japan (AP) ― Experts from the International Atomic Energy Agency on Thursday began their first inspection of a Japanese nuclear power plant that has undergone official “stress tests’’ ― a key step required to restart dozens of nuclear plants idled in the wake of the Fukushima crisis.A 10-member IAEA team was inspecting the No. 3 and No. 4 reactors at the Ohi nuclear power plant in Fukui, western Japan, where there is a string of reactors.“We look forward to seeing the types of specification
World NewsJan. 26, 2012
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Faulty heart drugs kill nearly 100 in Pakistan
LAHORE, Pakistan (AFP) - Around 100 Pakistani heart patients have died after taking faulty medicine made locally and dozens more are in a critical condition in hospital, government officials said Thursday."Nearly 100 patients have died due to a reaction to heart drugs," said Shahbaz Sharif, the head
World NewsJan. 26, 2012
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Japan kept silent on worst nuclear crisis scenario
TOKYO (AP) _ The Japanese government's worst-case scenario at the height of the nuclear crisis last year warned that tens of millions of people, including Tokyo residents, might need to leave their homes, according to a report obtained by The Associated Press. But fearing widespread panic, officials
World NewsJan. 26, 2012
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Fed unlikely to raise rates until at least 2014
WASHINGTON (AP) _ The Federal Reserve went further than ever Wednesday to assure U.S. consumers and businesses that they'll be able to borrow cheaply well into the future.The Fed pushed back the date for any likely increase in its benchmark interest rate by at least a year and a half, until late 201
World BusinessJan. 26, 2012
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New Yahoo! CEO promises action after poor quarter
SAN FRANCISCO (AFP) ― Yahoo!’s brand new chief executive Scott Thompson promised urgent action to turn the company around on Tuesday after it reported another quarter and year of falling income and profits.Thompson, named Yahoo! CEO only on Jan. 4, said the web giant needed to move quickly to exploit its huge bank of user data to regain market share, especially in display ads where it has lost ground.The former PayPal chief stressed that Yahoo! needed to become an agile and “disruptive” force te
World BusinessJan. 25, 2012
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Apple doubles iPhone sales in first quarter
Firm sold 37 million iPhones and 15 million iPads during the holiday season quarterNEW YORK (AP) ― The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company’s sales. Apple Inc. on Tuesday said it sold 37 million iPhones in the last three months of 2011, vastly exceeding analyst estimates and propelling the company to record quarterly results. The phone accounted for 53 percent of Apple’s revenue
World NewsJan. 25, 2012
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Ford CEO expects Fusion to grab profits without Camry’s crown
Ford Motor Co. Chief Executive Officer Alan Mulally has suggested that his stylish new Fusion sedan is seeking sales supremacy over Toyota Motor Corp.’s Camry. That’s not exactly what the boss wants, executives said. Ford can’t make enough Fusions to outsell the Camry, the top car in the U.S. for the past decade, according to researcher IHS Automotive. Instead, with Fusion, Mulally is aiming for a balance between commanding top dollar for each car and selling a lot more of them. “Between price a
World BusinessJan. 25, 2012