The Korea Herald

New hope for end to Hanjin dispute

Social affairsOct 9, 2011

Management and labor union to meet Monday to discuss proposalAttention is being drawn to whether management of Hanjin Heavy Industries and Construction Co. and its union can iron out an agreement ending their yearlong labor dispute after its chief on Friday accepted a parliamentary mediation proposa
Founder of Dead Poets Society visits bards’ graves

BooksOct 9, 2011

FREEPORT, Maine (AP) ― The founder of the Dead Poets Society of America is visiting graves and other sites associated with Jack Kerouac and five others in his effort to recognize fallen bards.Walter Skold of Freeport, Maine, says the Dead Poets 2011 Magic Bus Tour is in Massachusetts on Friday to pa
Korean smartphone users likely to top 20 mln in Nov.

PodcastOct 9, 2011

The number of smartphone users in South Korea is set to surpass the 20 million mark in November as local handset makers roll out new smartphone models, data showed Sunday.As of the end of September, the total number of smartphone users in South Korea reached 18.8 million, according to data compiled
With smartphones, ordinary people can turn mundane life into cinema

TechnologyOct 9, 2011

BUSAN (Yonhap News) - Ordinary people presented iPhone-made shorts on the sidelines of the Busan International Film Festival over the weekend, demonstrating even a 12-year-old can venture into movie-making as the high-tech handset lowers the threshold. Despite featuring no film luminaries and drawin
Knox alleges sexual harassment while in Italian jail

PodcastOct 9, 2011

(AP-Yonhap News)WASHINGTON (AFP) -- Amanda Knox claims she was sexually harassed by a prison official in Italy during her four years behind bars, according to a TV program to be aired this weekend. Knox, who has returned home to Seattle after being acquitted of murder and sexual assault, alleges the
Prosecutor probes leak of Nobel winner's name

PodcastOct 9, 2011

STOCKHOLM (AFP) - A Swedish prosecutor said Saturday he would investigate rumours that the name of poet Tomas Transtroemer was leaked before he was awarded the Nobel Literature Prize.Chief anti-corruption prosecutor Alf Johansson said he would be looking at why betting odds on Transtromer winning th
Prosecutors question former vice culture minister over alleged corruption

PodcastOct 9, 2011

Former Vice Culture Minister Shin Jae-min on Sunday faced questioning by state prosecutors after a businessman claimed to have given him nearly 1 billion won ($847,000) over the space of a decade. The interrogation is expected to widen investigations into the scandal including President Lee My
Na’s spokesman quits after appearing on TV drunk

PodcastOct 9, 2011

A spokesman for the ruling Grand National Party’s Seoul mayoral candidate Na Kyung-won resigned over the weekend after being accused of appearing on a live TV debate show while drunk. “I offered to resign because I didn’t want to be a burden to Na,” Shin Ji-ho, a GNP lawmaker and chief press of
Boehner invites President Lee to address Congress next week

PoliticsOct 8, 2011

U.S. House Speaker John Boehner Friday extended a formal invitation for South Korean President Lee Myung-bak to address a joint session of Congress next week, citing the importance of the time-honored alliance between the two nations.“The American and South Korean peoples share deep ties rooted in h
N. Korea warns of physical action against S. Korean 'war moves'

North KoreaOct 8, 2011

North Korea warned on Saturday it could take physical action against South Korea in response to the South's "ceaseless provocative war moves."The (North) Korean Central News Agency, Pyongyang's state-run media, said the Korean Peninsula was at "the crossroads of dialogue or confrontation and peace o
Jobs funeral Friday, ceremony private: report

PeopleOct 8, 2011

SAN FRANCISCO (AP) — The Wall Street Journal is reporting that the funeral for Apple co-founder Steve Jobs is being held Friday.The newspaper cited an unnamed person familiar with the matter. The person described the ceremony as a small private gathering. The person would not say where or when
Major KOSDAQ firms meet up with foreign investors

Oct 8, 2011

SINGAPORE -- The recent rout in the global financial market has amplified, among other things, the high volatility of the tech-heavy KOSDAQ stock market in South Korea, with many of its small and midsize firms’ shares varying wildly. Benjamin Ng, managing director of Whitefield Capital Manageme
Fitch cuts Italy, Spain ratings over euro crisis

Oct 8, 2011

(AFP) -- Fitch cut its credit ratings on Italy and Spain Friday, citing the increasing pressure on them as the eurozone debt crisis makes efforts to stabilise their public finances even more difficult.The eurozone debt crisis has seen Greece, Ireland and Portugal all bailed out by the EU and Interna
Korea ties Poland 2-2

SoccerOct 7, 2011

(Yonhap)Korea tied Poland 2-2 in an international friendly match held at Seoul World Cup Stadium on Friday, ahead of its World Cup qualifier against UAE next week.
Nonghyup spurns 4 trillion won support package proposal

Oct 7, 2011

SEOUL, Oct. 7 (Yonhap) -- The National Agricultural Cooperative Federation (NACF) on Friday said that it cannot accept a 4 trillion won (US$3.39 billion) support package proposal by the government, claiming that more money is necessary for the reform of the cooperative entity.Last month, the governm