The Korea Herald

STX eyes $200m sales from Indonesian coal mine

IndustryOct 11, 2011

STX Corp. plans to increase revenues generated from its coal mine in Indonesia to $200 million next year, and push up the mine’s output to 5 million metric tons by 2013.STX Corp. acquired 40 percent of the mine from the Indonesian mining firm PT Indoasia Cemerlang at the beginning of the year for $3
Producer inflation falls to 9-month low in Sept.

Oct 11, 2011

South Korea’s producer prices grew at the slowest pace in nine months in September as prices of agricultural products fell, the central bank said Tuesday.The producer price index, a barometer of future consumer inflation, rose 5.7 percent in September from a year earlier, slowing from a 6.6 percent
Lee transfers retirement home plot deeds from son to himself

PoliticsOct 11, 2011

President Lee Myung-bak decided to transfer the ownership of a housing lot where he will live after retirement from his son to himself immediately, in an apparent bid to resolve suspicions over the land deal, such as Lee’s possible attempt to give property to his child expediently.Before leaving the
Judge sets $1 million bond in US fetal abduction

Oct 11, 2011

MILWAUKEE (AP) -- A woman who faked a pregnancy and panicked as her supposed due date grew near attacked a pregnant mother with a baseball bat and cut her full-term fetus from her womb, killing the mother and baby, according to court documents filed Monday.Annette Morales-Rodriguez, 33, faces one co
Website: Iranian actress faces jail, lashing

World NewsOct 11, 2011

DUBAI, United Arab Emirates (AP) -- An Iranian opposition website says an Iranian actress has been sentenced to a year in prison and 90 lashes for appearing in a movie critical of the Islamic republic’s hard-line policies.The Kalameh.com site said Monday that Marzieh Vafamehr’s attorney has appealed
N. Korea notches up cult around 'Illustrious' son

North KoreaOct 11, 2011

PYONGYANG, North Korea (AP) -- The Illustrious General has had a busy year.Since making his international debut a year ago Monday, Kim Jong Un has been serving as military strategist, political statesman and trusted deputy to his father, leader Kim Jong Il. North Korea leader Kim Jong Il's son Kim J
New study sees little need for vitamins, cites risks

HealthOct 11, 2011

WASHINGTON (AFP) -- There is no need for most people to take vitamin supplements and some may even be linked to a higher risk of dying in older women, according to a study published Monday in the United States. (MCT)Iron stood out among supplements as a particular concern, while calcium appeared to
Korean financial firms set to pay hefty bonuses

Oct 11, 2011

South Korean financial companies are expected to dole out massive amounts of bonuses to their employees on the back of their robust profits, market watchers said Tuesday, raising concerns the move may spark similar anger here that is fueling protests on Wall Street.Local banks and brokerages racked
After long wait, Facebook releases iPad app

TechnologyOct 11, 2011

NEW YORK (AP) -- One of the enduring questions of the technology world: “When will iPad users get their very own Facebook app?”That question was answered Monday as Facebook released an updated version of its iPhone application, one that's also designed to fill out the iPad's larger screen.The lack o
Apple says pre-orders of iPhone 4S break record

IndustryOct 11, 2011

NEW YORK (AP) -- Apple says first-day pre-orders of the iPhone 4S topped 1 million, breaking the record set by last year's model. Apple CEO Tim Cook talks about the iPhone 4S during an announcement at Apple headquarters in Cupertino, Calif., Tuesday, Oct. 4, 2011. (AP-Yonhap News)Apple Inc. an
Woman gives birth after running Chicago Marathon

World NewsOct 11, 2011

CHICAGO (AP) -- Amber Miller says she felt contractions minutes after crossing the Chicago Marathon finish line.A few hours after completing the 42-kilometer race Sunday, the suburban Chicago woman gave birth to her daughter, June.Amber Miller, of Westchester, Ill., holds her baby at Central DuPage
S. Korea's produce price growth hits 9-month low in Sept.

Oct 11, 2011

SEOUL (Yonhap) -- South Korea's producer prices grew at the slowest pace in nine months in September as prices of agricultural products fell, the central bank said Tuesday.The producer price index, a barometer of future consumer inflation, rose 5.7 percent in September from a year earlier, slowing f
Korea sets drastic emission cut goal

Oct 10, 2011

South Korea’s top businesses such as POSCO and Samsung Electronics Co. will have to significantly cut their greenhouse gas emissions output in 2012 to help stem global climate change, the government said Monday.The Ministry of Knowledge Economy said leading steelmaker POSCO needs to cut emission lev
Readers’ voice

Oct 10, 2011

On mandatory quotas...It seems wrong to make a bill. However it is obvious many women have trouble getting promoted and feel prejudice in Korean society. Women have even more obstacles in many ways than men in South Korea.― Kim Hyeong-goo, Seoul via FacebookAbsolutely! Equal rights for all! There ar
Should we force firms to hire more women?

Oct 10, 2011

With so few Korean women executives ...Should we force firms to hire more women?The business of genderSouth Korea has one of the lowest employment rates for women in the Organization for Economic Cooperation and Development. The country is seventh-last with a female employment rate of 52.2, while th