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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Seoul Metro to seek legal action against malicious complaints
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Illit, mired in controversy, remains on Billboard charts for 5th week
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Do presidents really age faster than rest of us?
CHICAGO (AP) — White House wannabes take note: Contrary to the idea that being president speeds up aging, a study shows that many U.S. commanders in chief have actually lived longer than their peers.Using life expectancy data for men the same age as presidents on their inauguration days,
World NewsDec. 7, 2011
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Russia sends troops to Moscow after protests: official
Russia has sent interior ministry troops to Moscow and increased the alert level of security forces after a protest of thousands of people opposing Vladimir Putin, officials said on Tuesday. "They (the troops) have just one aim -- to ensure the security of the citizens," interior mi
World NewsDec. 6, 2011
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S&P puts 15 eurozone states on credit watch
BRUSSELS (AP) ― Standard & Poor’s threatened Monday to downgrade the credit rating of 15 eurozone countries, piling pressure on the currency union’s leaders to take radical steps to resolve their debt crisis at a summit later this week.The decision to put 15 eurozone countries ― including “AAA-” rating nations such as Germany and Luxembourg ― on watch for a possible cut in their credit worthiness also threatens to throw the eurozone’s bailout mechanism into disarray, since the rescue fund relies
World BusinessDec. 6, 2011
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ADB trims 2012 Asian growth forecast
East Asian economies face greater downside risks on global slowdownHONG KONG (AFP) ― The Asian Development Bank trimmed its 2012 growth forecast for emerging East Asian economies including China, as the eurozone turmoil threatens to drag the global economy back into crisis.The Manila-based bank on Tuesday cut its gross domestic product growth forecast to 7.2 percent for the 10-country Association of Southeast Asian Nations plus China, Hong Kong, South Korea and Taiwan, from 7.5 percent in Septe
World BusinessDec. 6, 2011
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Australia cuts key rate to 4.25%
SYDNEY (AFP) ― Australia’s central bank cut interest rates to 4.25 percent Tuesday with the global economy continuing to pose risks despite expectations of strong domestic growth in the September quarter.It was the second month in a row the Reserve Bank of Australia has slashed rates by 25 basis points, having cut in November for the first time since April 2009 amid slowing inflation and fears of a major world economic downturn.Economists were split on whether they would move again ahead of a su
World BusinessDec. 6, 2011
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Merkel, Sarkozy want new EU treaty
PARIS (AP) ― The leaders of France and Germany called forcefully Monday for a new European Union treaty that would automatically punish countries that use the euro if they violate existing limits on overspending.Stocks and the euro rose while European government bond yields dropped sharply as investors viewed the proposal for a closer fiscal union among the 17 countries as an important step to save the euro.Implementing treaty changes could take months, but a commitment to tighter coordination c
World BusinessDec. 6, 2011
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IMF approves 2.2 billion euros for Greece
WASHINGTON (AFP) ― The IMF on Monday released 2.2 billion euros ($2.95 billion) in rescue funds for Greece, giving a nod to new Prime Minister Lucas Papademos’s commitment to a tough reform program.Delayed for months by political turmoil that led to the early November downfall of Prime Minister George Papandreou, the move opens the way for the European Union to release its 5.8 billion euro share of the latest bailout installment.The funds could help Athens to avoid a looming default on its debt
World BusinessDec. 6, 2011
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Egypt runoff exposes tensions between Islamists
CAIRO (AP) ― The runoff Monday for Egypt’s first-round parliamentary elections heated up tensions between competing Islamist groups that have so far dominated the vote, with scuffles breaking out and allegations of death threats.The strife shows the challenges facing the front-runner, the Muslim Brotherhood, after hard-line Islamist parties made a surprisingly strong showing. The more moderate Brotherhood is now under pressure to reassure both Egyptians and foreign allies that the country is not
World NewsDec. 6, 2011
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Iraq bomb attacks on pilgrims kill 28
HILLA, Iraq (AFP) ― A wave of bomb attacks targeting Shiite pilgrims in Iraq killed 28 people and wounded 78 Monday, a day before the peak of the Ashura religious commemorations, security officials and medics said.It was the bloodiest day in Iraq since Oct. 27, when at least 32 people were killed and 71 wounded in twin blasts in Baghdad.In Monday’s deadliest attack, a car bomb blasted pilgrims in the Neel area north of Hilla south of Baghdad, in central Iraq, security officials said.“We received
World NewsDec. 6, 2011
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Belgium P.M. to be sworn in after 541 days
BRUSSELS (AP) ― Belgium’s soon-to-be prime minister set up a slimmed-down coalition Monday, in one of the final steps before his team formally ends the record 541 days the country has gone without a government.The swearing-in on Tuesday will be a long-awaited relief to the entire nation of 6.5 million Dutch speakers and 4.5 million French speakers who long ago grew frustrated with the deadlock between politicians over linguistic differences.One radio presenter finally shaved off the beard he has
World NewsDec. 6, 2011
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16,000 Holocaust victims to receive German pensions
NEW YORK (AP) ― Germany agreed after a year of tough negotiations to pay pensions to about 16,000 additional Holocaust victims worldwide ― mostly survivors who were once starving children in Nazi ghettos, or were forced to live in hiding for fear of death.The agreement announced Monday between the New York-based Claims Conference and the German government is “not about money ― it’s about Germany’s acknowledgment of these people’s suffering,’’ said Greg Schneider, the conference’s executive vice
World NewsDec. 6, 2011
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More ‘mancession’ dads caring for kids while moms at work
One-third of fathers with working wives are now the regular caregivers for their children, the result of the depressed economy and large numbers of out-of-work men, the U.S. Census Bureau reported today. The number of such dads caring for children under age 15 increased to 32 percent in 2010 from 26
World NewsDec. 6, 2011
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S&P puts 15 eurozone countries on credit watch
BRUSSELS (AP) _ Standard & Poor's threatened Monday to downgrade the credit rating of 15 eurozone countries, piling pressure on the currency union's leaders to take radical steps to resolve their debt crisis at a summit later this week.The decision to put 15 eurozone countries _ including AAA-rating
World BusinessDec. 6, 2011
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WikiLeaks' Assange can continue extradition fight
LONDON (AP) — A British court Monday gave WikiLeaks founder Julian Assange permission to continue his legal battle to avoid extradition to Sweden over sex crimes allegations.The decision means Assange does not face immediate deportation. British judges said Assange could apply to the Supreme C
World NewsDec. 5, 2011
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Honda prays for disaster-free U.S. rebound
Honda Motor Co. says replenished vehicle inventory and new Honda and Acura models planned for the next 24 months will spur a U.S. sales rebound next year after natural disasters dashed its 2011 goals. Honda’s loss of some North American output in October and November due to parts shortages caused by floods in Thailand led to it being the only large automaker to post a U.S. sales decline last month as total sales jumped 14 percent. That came after six months of declines resulting from reduced aut
World BusinessDec. 5, 2011
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Italy backs austerity as EU races to save euro
ROME (AFP) ― Italy kicked off a crucial week of economic diplomacy for the future of the euro with a draconian austerity package of cuts, taxes and pension reforms to be presented to parliament on Monday.The cabinet gave its go ahead to the crisis-busting plan on Sunday estimating that it would save 30 billion euros ($40.3 billion) but warning that it would not prevent the economy from slipping back into recession next year.“This is a decree to save Italy,” Prime Minister Mario Monti told report
World BusinessDec. 5, 2011
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Putin's party barely hangs onto its majority
MOSCOW (AP) — Prime Minister Vladimir Putin's party saw its majority in Russia's parliament weaken sharply, according to preliminary results released Monday, a humiliating setback for the man who has steadily tightened his grip on the nation for nearly 12 years.Some opposition politicians and
World NewsDec. 5, 2011
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Pakistani Taliban splintering into factions
ISLAMABAD (AP) ― Battered by Pakistani military operations and U.S. drone strikes, the once-formidable Pakistani Taliban has splintered into more than 100 smaller factions, weakened and is running short of cash, according to security officials, analysts and tribesmen from the insurgent heartland.The group, allied with al-Qaida and based in the northwest close to the Afghan border, has been behind much of the violence tearing apart Pakistan over the last 4 1/2 years. Known as the Tehrik-e-Taliban
World NewsDec. 5, 2011
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Muted hopes for major Afghanistan conference
BONN (AFP) ― A major international conference here Monday will seek a way forward for Afghanistan after the withdrawal of NATO combat troops in 2014 but the boycott of two crucial players has dampened hopes of success.The one-day gathering brings around 100 national delegations and aid organizations to the former German capital Bonn, 10 years after another meeting here put an interim Afghan government in place after the Taliban’s ouster.“We will not forget Afghanistan after 2014,” German Foreign
World NewsDec. 5, 2011
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U.S. spy drone shot down, Iran claims
Tehran warns of retaliation against violation of its airspace; Washington denies drone was downedTEHRAN (AP) ― Iran’s armed forces have shot down an unmanned U.S. spy plane that violated Iranian airspace along the country’s eastern border, the official IRNA news agency reported Sunday.An unidentified military official quoted in the report warned of a strong and crushing response to any violations of the country’s airspace by American drone aircraft.“An advanced RQ-170 unmanned American spy plan
World NewsDec. 5, 2011