The Korea Herald

Gadhafi's death energizes Syrian, Yemeni protests

World NewsOct 22, 2011

Yemen`s government supporters shout slogans during a funeral for 11 government soldiers and supporters who died in the clashes with rebels in Sanaa, Yemen, Oct. 21, 2011. (Xinhua-Yonhap News)BEIRUT (AP) _ Energized by the killing of Libya's Moammar Gadhafi, thousands of protesters in Syria and Yemen
Lee Ki-sang storms into lead after round of 64

GolfOct 22, 2011

SEOUL, South Korea (AP) _ Lee Ki-sang shot an 8-under 64 on Saturday to take a one-shot lead over Anthony Kim after the third round of the $750,000 CJ Invitational.The South Korean thrilled local fans at the Haesley Nine Bridges Golf Club in Yeoju in a near-perfect round that included a hole-in-one.
EU summit likely to affect S. Korea's stock market direction next week

Oct 22, 2011

South Korean stocks stand to be affected by the outcome of next week's summit talks among European leaders as the fiscal debt crises in Greece and other eurozone countries still weigh on the overall market sentiment here, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI)
UN says North Korea needs food aid, not politics

North KoreaOct 22, 2011

PYONGYANG, North Korea (AP) _ Wealthier countries need to put aside politics to help millions of North Koreans going hungry from food shortages, the U.N.'s top relief official said, renewing an appeal for assistance that has largely gone unmet.Speaking at the end of a five-day visit to North Korea,
Obama signs FTAs with S. Korea, Colombia, Panama

PoliticsOct 22, 2011

WASHINGTON -- U.S. President Barack Obama on Friday signed into law a free trade agreement (FTA) with South Korea, completing a long-delayed process in Washington to put the accord, expected to help create jobs, into effect.The FTA still requires ratification by South Korea's National Assembly, embr
Korea soon to finalize currency swap expansion deal with China

Oct 21, 2011

The government will soon finalize the won-yuan swap expansion deal with Chinese authorities to boost the $26 billion currency swap currently in place, multiple sources at the Finance Ministry confirmed on Thursday. A senior ministry official said the expansion of the won-yuan swap was proposed by th
Samsung ahead of Apple in Q3 smartphone sales

IndustryOct 21, 2011

Samsung Electronics Co. outpaced Apple Inc. in the global smartphone market by more than 10 million handsets during the third quarter of the year, industry data showed Friday.According to the data, Samsung Electronics sold about 27 million smartphones during the July-to-Sept. period, while Apple’s f
Libya faces challenges ahead

World NewsOct 21, 2011

Gadhafi gone, but revolutionaries struggle among themselvesWASHINGTON (AP) ― Libya’s victorious revolutionaries now face a new threat: Themselves.The secular and religious, the politicians and the militants basked Thursday in the demise of a dictator, as fighters killed Moammar Gadhafi and eradicate
Ruling camp agrees to pass U.S. FTA next week

PoliticsOct 21, 2011

The government and ruling Grand National Party agreed Friday to work together to pass the long-delayed free trade pact with the United States later this month and to prepare strong safeguards for local industry before endorsing the deal, party officials said.The GNP and the government have been step
Seoul 7th on global power city list: report

Social affairsOct 21, 2011

Seoul’s global influence has continued to increase for the last four years and it ranked 7th among 35 major cities in the world, achieving high scores in research and development and accessibility, a report showed Friday. According to the Global Power City Index developed by the Institute of Urban S
Centennial, Kookmin to offer joint degree

Social affairsOct 21, 2011

Centennial College in Canada and Kookmin University in Korea will launch a joint degree program in automotive engineering, said Ann Buller, president of the Canadian school.It will be the first time for the two countries to award a joint degree in the field. Buller came to Seoul on Wednesday to disc
Pageant hit by sexual harassment claims

Social affairsOct 21, 2011

British beauty queen accuses committee of not paying for flights, mealsThe organizing committee of an international beauty pageant held in Korea said it is looking into allegations raised by a British competitor that she was sexually harassed and offered votes in exchange for sex.Nineteen-year-old A
Builders expect boom in orders after Gadhafi’s death

Oct 21, 2011

South Korean construction companies said Thursday that they expect a boom in construction business with the death of Moammar Gadhafi, which could end the civil war in the North African country.The death of the former Libyan leader, announced by Libya’s National Transitional Council, could mean the s
Latin America base for Korea to access U.S.

Oct 21, 2011

Korean construction and telecommunications companies have been growing business opportunities in Latin America to use the region as a strategic base to access the U.S. market, said the head of Inter-American Development Bank.“Logistics, and cost of transportation will come to play an important role
POSCO Q3 sales, profits increase

IndustryOct 21, 2011

POSCO’s consolidated net profits for the third quarter of the year fell 78.4 percent from a year to 233 billion won ($203 million), the steelmaker said Friday.Over the same period, POSCO’s consolidated sales and operating profits respectively increased by 51.5 percent and 5.2 percent.The company att