The Korea Herald

Retailers to protest FTA nationwide

IndustryOct 4, 2011

The Korea Federation of Retail Organizations plans to hold a nationwide rally at the end of this month to call for protection measures related to the free trade pacts with the European Union and the United States. The group, which represents 1.25 million retailers, said some 30 retail business-relat
Rising debt weighing on economy

Social affairsOct 4, 2011

Measures urged to prevent liabilities from holding back growthEncouraging Koreans to have confidence in their economy’s ability to cope with global fiscal crises in his radio address Monday, President Lee Myung-bak listed a set of factors backing his argument, including the national debt being kept
Korea to develop new technology for water desalination: ministry

IndustryOct 4, 2011

The government said Tuesday it has set out to develop new desalination technology using natural gas hydrate, which could pave the way for cheap fresh water amid rising concerns over water scarcity.The mechanism entails removing gas from methane hydrate, a crystalline compound consisting of gas molec
Sondheim, dinosaurs combine for N.Y. charity gala

CultureOct 4, 2011

NEW YORK (AP) ― A treasure hunt devised by composer Stephen Sondheim prompted hundreds of people, including Sarah Jessica Parker and Matthew Broderick, to scamper through the dinosaur section of the American Museum of Natural History on Monday night.“That was a blast,” said Tony Award-winning actor
9 N.K. defectors arrive in S. Korea

North KoreaOct 4, 2011

Nine North Korean defectors who were spotted in a small boat off Japan’s west coast last month arrived in South Korea on Tuesday after Tokyo sent them on to their desired destination, a Foreign Ministry official in Seoul said. The defectors, including three children, were found drifting on the woode
33 savings banks suffer from capital erosion: data

Oct 4, 2011

More than one-third of South Korea’s savings banks have eroded capital due to large bad debts, data showed Tuesday, raising concerns over their financial health and possible bankruptcies.The data comes after the Financial Services Commission, the country’s financial watchdog, suspended operations of
KISSA to run foreign students’ sports fest

Expat LivingOct 4, 2011

The Korea International Student Support Association is organizing the first Annual International Students Sports Festival in Seoul on Nov. 5.The tournament at Namyang Ju Gymnasium will involve teams sorted into eight regional groups.The organizers are recruiting teams for men’s football, women’s 7-a
Artist looking to establish creative space for Seoul expats

Oct 4, 2011

A Korea-based artist is seeking help to create an all-in-one art space in Seoul. Printmaker and painter Mike Stewart is raising funds to open a studio in the city’s Yongsan area to provide a venue for English language art classes, workshops, artists’ studios and networking events. Stewart hopes to o
U.S. auto sales up in September on big trucks

World BusinessOct 4, 2011

DETROIT (AP) ― U.S. buyers shrugged off economic worries and snapped up SUVs and pickups last month, surprising the auto industry and raising hopes that a bumpy year will end on a high note.Big trucks typically sell when the housing market and construction industry are strong, gas prices are low and
Wall Street protests spread in U.S.

World NewsOct 4, 2011

NEW YORK (AP) ― Protests against Wall Street spread across the country Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine, in a show of anger over the wobbly economy and what they see as corporate greed.In Manhattan, hundreds of prote
Stand-up Kyle Kinane to perform in Seoul

Expat LivingOct 4, 2011

Stand Up Seoul will host stand-up comedian Kyle Kinane at Roofers Bar in Itaewon on Oct. 7-8.Kinane has recently appeared on Conan O’Brien and Last Call with Carson Daly and last year released the comedy album “Death of the Party.”He is the third comedian Stand Up Seoul have brought to the country,