...tial loan losses ― thanks to recently changed accounting standards. From this year, all the nation’s listed companies are required to switch from a domestically accepted accounting norm to the locall...in asset soundness. Woori Financial is expected to pocket about 700 billion won from the bank unit’s sale of a stake in Hyundai Engineering & Construction. Shinhan Financial, which took the lead in ...

U.S. urges Pakistan to investigate helper WASHINGTON (AP) ― Osama bin Laden benefited from “some sort of support network” inside Pakistan, President Barack Obama said in a Sunday broadcast interview...twork’s local affiliates around the country ― and another one requesting donations to the president’s re-election effort. Donilon appeared on ABC, NBC, CNN and Fox. Lugar was on CNN, and Kerry spoke ...

Inter-faith violence kills 12 and injures more than 100 CAIRO (AP) ― Relations between Egypt’s Muslims and Christians degenerated to a new low Sunday after riots overnight left 12 people dead and a ...me, ultraconservative movement of Muslims known as Salafis, whose increasing hostility toward Egypt’s Coptic Christians over the past few months has met with little interference from the country’s mil...

...ncrease economic cooperation using the just-ratified Korea-European Union Free Trade Agreement, Lee’s week-long trip through Germany, Denmark and France will be a respite from the headaches at home co...ework as Korea hosted its summit last year and France is its chair for 2011. Only last Friday, Lee’s mainstreamers suffered a defeat in the vote to elect the ruling party’s floor leader 64-90 as memb...

...hich they do not hesitate to identify with the Korean culture itself. The people who make the world’s biggest ships, best color TV sets and cell phones, and increasingly reliable automobiles have wond...York restaurateur. Hollywood stars Hugh Jackman and Heather Graham appear as part narrators. Marja’s life story adds drama to the program, which could otherwise be billed as yet another Korean govern...

...rvices that Americans depend on are still at risk of disappearing. House Budget Chairman Paul Ryan’s proposal to reduce the deficit by gutting $375 billion from the federal government in the next 10 ...est to add up America’s numbers. This has led to a disturbing and growing trend to paint our nation’s public servants as the nation’s public enemy. We have even heard from some active federal employe...

... the death of Osama bin Laden have merit. Al-Qaida and its leader were the reasons behind 100,000 U.S. troops facing daily dangers. In a world without bin Laden, the terror war could be as legitimate...er and primary means of fundraising dead, a continued battle with the Taliban means putting America’s sons and daughters at risk to stop a future threat from developing. There are better uses of U.S. ...

...cation is static analysis. A short weekend ago the emerging wisdom was that President Barack Obama’s reelection was in peril. The House Republican whip, Kevin McCarthy of California, perhaps the most...: He’s presiding over a lousy economy and spending like an inebriated sailor; the other was that he’s soft on terrorism, a cautious, multilateralist who’s imperiling U.S. security. He was bold, decis...

Mark Zuckerberg shouldn’t lose too much sleep about China’s Facebook beating him to Wall Street. Renren Inc. is the first social-networking website to go public in the U.S., raising $743 million wit... Goldman Sachs Group Inc.’s investment in the U.S. company. Renren’s premium is a no-brainer: China’s economy may grow three times faster than the U.S. and about two-thirds of the population isn’t onl...