The Korea Herald

S. Korea raises issue of Japan's wartime sex crimes at U.N.

PoliticsOct 12, 2011

SEOUL, Oct. 12 (Yonhap) -- South Korea demanded that Japan take "legal responsibility" for the aging Korean women forced into sexual slavery to serve Japan's World War II soldiers, formally raising the issue at a U.N. meeting for the first time in 14 years, a foreign ministry official said Wednesday
Demand for smartphone DRAMs to spike

IndustryOct 12, 2011

Demand for dynamic random access memory devices for smartphones are expected to outdo the overall DRAM market and post a triple-digit annual growth this year, an industry report said Wednesday.DRAM shipments in smartphone handsets are forecast to grow 164.4 percent in 2011 from last year, according
Seoul to reduce rice production land

IndustryOct 12, 2011

South Korea will continue to reduce its farming area for rice next year, the agriculture minister said Wednesday, despite earlier forecasts the country’s rice harvest this year will fall to the lowest level in 31 years. The government “plans to reduce the area for rice farming by 40,000 hectares nex
Walk with disabled people in Seoul

Oct 12, 2011

Volunteers are being invited to help Yongsan Center for the Disabled accompany its clients on a walk in Ichon, Seoul, on Oct. 29. The walking event will give disabled people using the center the chance to enjoy Han River Park from 9 a.m. to 12 p.m. that Saturday. Lunch will be provided to volunteers
[Editorial] Curbing carbon emissions

EditorialOct 12, 2011

Korea has begun to take concrete steps to deliver on its pledge to voluntarily reduce greenhouse gas emissions. In 2009, the government announced a plan to cut the nation’s carbon emissions in 2020 by 30 percent from the projected business-as-usual level or 4 percent below its 2005 level. On Monday,
International bazaar to attract 2,000 people

Oct 12, 2011

The Seoul International Women’s Association’s diplomatic bazaar is to be held on Tuesday, Nov. 15, kicking off the organization’s 50th anniversary. The event is the largest international fund-raising event in Seoul with more than 40 embassies joining women’s clubs, welfare organizations and vendors
Korea can lead way to a more Human Asia

Oct 12, 2011

Rights group Human Asia may only have been campaigning here for under six years, but the small Korean NGO aims to have a big impact on the region. The organization which raises awareness on human rights across Asia has set out on an ambitious mission to establish a regional human rights protection m
Conglomerates help SMEs enter overseas markets

IndustryOct 12, 2011

International expansion for SMEs emerges as new engine of shared growthShared growth between large companies and small- and medium-sized enterprises is one of the current administration’s main economic policies.Many of the country’s largest businesses have taken up the cause and now operate a number
Jolie visiting Libya in personal capacity: U.N.

PeopleOct 12, 2011

Actress and U.N. goodwill ambassador Angelina Jolie talks to unidentified men in Misrata, Libya, Tuesday. (AP-Yonhap News)GENEVA (AP) ― The U.N. refugee agency says goodwill ambassador Angelina Jolie is currently visiting Libya, though in a personal capacity.A spokesman for the U.N. High Commissione
Liberians vote on record of 1st female leader

World NewsOct 12, 2011

MONROVIA (AP) ― Even as she basks in praise from abroad after sharing the Nobel Peace Prize, President Ellen Johnson Sirleaf is facing an election at home that she may lose. She’s credited with stabilizing Liberia after civil war but most of the people voting in Tuesday’s election have not been able
U.S. Congress set to pass free trade pact with Korea

PoliticsOct 12, 2011

Senate Finance Committee endorses FTA on first day of Lee’s official state visitWASHINGTON D.C. ― The U.S. Senate and House of Representatives were set to pass the Korea-U.S. free trade agreement on Wednesday, a day ahead of President Lee Myung-bak’s summit talks with U.S. President Barack Obama.The
Korea, EU agree on close cooperation

Oct 12, 2011

South Korea and the European Union agreed Wednesday to closely cooperate in economic policies amid uncertainties over the European debt crisis, Seoul’s Trade Ministry said.Both sides will also utilize the so-called Trade Committee as a consultation body for bilateral cooperation, according to the mi
Money supply accelerates, household loans slow: BOK

Oct 12, 2011

Korea’s money supply expanded at its fastest pace in five months in August and banks’ household loan growth slipped to an eight-month low in September, the Bank of Korea said on Wednesday.The data came ahead of the central bank’s rate-setting meeting slated for Thursday amid widespread expectations
FTC warns against fraud on social commerce sites

IndustryOct 12, 2011

The Fair Trade Commission on Wednesday warned consumers to take extra care when purchasing products through social commerce websites. Social commerce, through which consumers can enjoy discount deals online, has grown rapidly into a 500 billion won market in Korea. FTC chairman Kim Dong-soo (Y
Formula One, the world’s fastest sport is back

More sportsOct 12, 2011

Slick cars screaming down a track at more than 300 kph and the ear-splitting roar of overpowered engines excite the large crowd. Formula One, the world’s fastest sport and one of its most expensive, is back in South Korea. The Korean Grand Prix is to be held at the Korea International Circuit from O