The Korea Herald

Huffington Post launches first non-anglophone edition

CultureOct 11, 2011

PARIS (AFP) ― The U.S. news and opinion portal Huffington Post will next month launch a French-language edition, its first foray into non-anglophone Europe with plans for similar sites in Spain, Italy or Germany, its co-founder said Monday.“We see this as our first foray into (the) euro zone,” Arian
Stephen Sondheim to receive NYC arts award

TheaterOct 11, 2011

NEW YORK (AP) ― Broadway composer and lyricist Stephen Sondheim will receive New York City’s highest honor for achievement in the arts.The New York Times says Sondheim will receive the Handel Medallion on Nov. 1 at Alice Tully Hall.Other honorees will include Mikhail Baryshnikov; arts advocate Alice
Degas bronze ballerina to be sold at NYC auction

TheaterOct 11, 2011

NEW YORK (AP) ― A bronze sculpture of a young ballerina by French impressionist Edgar Degas will lead Christie’s New York auction of impressionist and modern art next month with a pre-sale estimate of $25 million to $35 million.“Little Dancer Aged Fourteen’’ is being offered on Nov. 1.The work depic
Itaewon murder suspect arrested in U.S.

Social affairsOct 11, 2011

Man accused of infamous 1997 murder faces possible extradition to KoreaThe now sole suspect of an infamous 1997 murder in Seoul was arrested in California and is standing trial for possible extradition, Korean prosecutors said Monday.“We are aware that Arthur Patterson, who is a suspect of the homic
BOK expected to freeze interest rate

Oct 11, 2011

The Bank of Korea is widely expected to keep the benchmark rate steady at its rate-setting meeting on Thursday, a survey by Korea Financial Investment Association showed on Tuesday.The KOFIA survey, conducted on local bond dealers, brokers and analysts between Sept. 27 and Oct. 3, revealed that 96.3
Doctor continues to save lives after death

PeopleOct 11, 2011

A local medic could help up to 150 people start new lives with his donated organs and tissues following his death.The Korea Organization for Sharing Tissue said Tuesday that it had received the donation by the late Dr. Park Joon-chul, head of the surgery department at Hana Hospital Clinic. He died o
208 military NCOs killed selves since 2000

DefenseOct 11, 2011

More than 200 low-ranking commissioned and non-commissioned officers have committed suicide since 2000, a local civic group said Tuesday, calling for immediate measures to alleviate mental and physical stress in the military.Citing a recent Defense Ministry report, the Center for Military Human Righ
Theme song ‘Dreams Come True’ unveiled for Asia Song Festival

MusicOct 11, 2011

Two K-pop singers, Donghae of Super Junior and Seohyun of Girls’ Generation, on Monday unveiled the theme song “Dreams Come True” for the upcoming 2011 Asia Song Festival.The one-day festival is to be held at the Daegu Stadium in Daegu, North Gyeongsang Province, on Saturday at 6 p.m., where 13 pop
Lee arrives in D.C. for official visit

PoliticsOct 11, 2011

WASHINGTON, D.C. ― President Lee Myung-bak on Tuesday arrived in Washington D.C. for a five-day official state visit during which he will hold summit talks with U.S. President Barack Obama.Lee is the sixth South Korean president to make an official state visit to the U.S. The last to visit was forme
SK Planet aims to go global,...achieve W3.5tr sales in 2016

IndustryOct 11, 2011

New subsidiary of SK Telecom to go overseas with focus on Asian marketsSK Planet, a new platform subsidiary of the country’s top mobile carrier, said Tuesday it aimed to make the company worth 5 trillion won ($4.29 billion) within the next five years.In its first press conference, the firm’s chief e
DAPA expands corruption report system

DefenseOct 11, 2011

The state military acquisition agency will expand a corruption report system to allow non-employees to file a report, officials said.The Defense Acquisition Program Administration said that it will allow ordinary citizens to report corruption cases through the internet starting from Wednesday. It al
Brokerages move toward investment banking

Oct 11, 2011

Daewoo, Woori and Samsung jump on the IB bandwagon; Hyundai, Korea weigh optionsSince the Korean financial regulator set the standard for designating homegrown investment banks, local brokerages are racing to increase their paid-in capital to qualify for the potentially lucrative business. The Finan
New KOTRA chief vows to help SMEs boost exports

IndustryOct 11, 2011

The new head of the Korea Trade-Investment Promotion Agency pledged on Tuesday to open the door to exports for small- and medium-sized enterprises as he laid out his company’s roadmap for the next three years.Hong Suk-woo, an ex-chief of the Small & Medium Business Administration, took office at the
Korean diplomat in Germany probed for drunk driving

Foreign affairsOct 11, 2011

A senior South Korean diplomat in Germany has been investigated by local police on allegations of drunk driving, a foreign ministry official in Seoul said Tuesday. The diplomat rammed his vehicle into a cement wall near a restaurant last Friday in downtown Berlin and crashed into four parked cars, a
Mexico’s Pacific coast braces for hurricane

World NewsOct 11, 2011

BARRA DE NAVIDAD, Mexico (AP) ― People left low-lying shore neighborhoods, hotels dragged in beach furniture, officials set up shelters and one of Mexico’s biggest cargo ports shut down as powerful Hurricane Jova headed for a Tuesday landfall near this Pacific resort.Jova was a Category 3 hurricane