The Korea Herald

Manufacturing counters China ‘hard landing’

World BusinessOct 3, 2011

Signs of stability in China’s manufacturing industry in September may ease concern the world’s second-largest economy will suffer a slump in economic expansion that escalates the risk of another global recession. The Purchasing Managers’ Index published Oct. 1 by the China Federation of Logistics an
Wall Street protesters: We’re in for the long haul

World BusinessOct 3, 2011

NEW YORK (AP) ― The protesters who have been camping out in Manhattan’s Financial District for more than two weeks eat donated food and keep their laptops running with a portable gas-powered generator. They have a newspaper ― the Occupied Wall Street Journal ― and a makeshift hospital.They lack a cl
[Editorial] President-party relations

EditorialOct 3, 2011

Gone are the days when the president concurrently held the presidency of the ruling party. The cabinet in the presidential office used to be the main source of the governing party finance, including funds for election campaigns. If these are the legends of the past dictatorial rule, the relations be
[Editorial] Chinese tourist rush

EditorialOct 3, 2011

The Chinese national holiday celebrating the Oct. 1, 1949, founding of the People’s Republic of China stretches seven days, extending to the Oct. 8-9 weekend this year. An estimated 300 million people will be traveling during the long holiday. The China Tourism Agency expected that about 2.2 million
Tech battles call for simplicity, thrift, customer focus

ViewpointsOct 3, 2011

High technology, once again, is packed with battles for market supremacy. Amazon.com Inc. is introducing a tablet computer that takes aim at market leader Apple Inc. Another prominent showdown involves Netflix Inc.’s efforts to capture the lead in online movie streaming. Eye-catching as each joust m
[Robert Reich] A good fight on taxing the wealthy

ViewpointsOct 3, 2011

The big fight in the months ahead ― and perhaps the defining battle of the upcoming election ― won’t be over cuts in Medicare. President Obama agrees with Republicans that some cuts may be necessary. The battle won’t even be over President Obama’s jobs program. Republicans have signaled that they mi
[Jonathan Weil] What Europe’s leaders mean when their mouths move

ViewpointsOct 3, 2011

The error most Americans make when trying to understand the European debt crisis is this: They fail to realize that the euro isn’t just a doomed currency, but a language unto itself. Too often the great mishaps of our era can be ascribed to a failure to communicate ― from the lip-synching scandal th
[Rachel Marsden] Obama’s international leadership outsourcing

ViewpointsOct 3, 2011

To gauge President Obama’s lack of direct involvement on the international stage, you only have to look at the popularity polls in Europe, where his approval numbers still soar at around 75 percent. In Europe, leaders often become better liked as their visibility, leadership and influence decrease.
[Yuriko Koike] A wayward China in Africa

ViewpointsOct 3, 2011

TOKYO ― As Libya’s National Transitional Council attempts to establish a functioning government for a newly liberated country, the truth about what went on under Col. Muammar el-Gadhafi’s regime is starting to come to light. Various treasures have been unearthed from Tripoli mansions that were hasti
Israel backs Mideast talks plan, with reservations

World NewsOct 3, 2011

JERUSALEM (AP) ― Israel’s government welcomed on Sunday parts of an international proposal to resume long-stalled peace talks with the Palestinians but said it had concerns about the plan.The plan by Mideast mediators, known as the Quartet, calls for a peace deal in a year and asks both sides to pro
End of the reel thing for small movie theaters?

FilmOct 3, 2011

GALVA, Illinois ― One hundred and sixty miles southwest of Chicago, a man has planted a pair of reconditioned 20-by-48-foot drive-in movie screens in what used to be a cornfield.I went out there the other night, to Galva Autovue Drive-in (admission: $3 for anyone older than 3), owned and operated by
Haute couture and discounters foster fast fashion partnerships

FashionOct 3, 2011

LOS ANGELES ― It may seem too good to be true, but Versace is launching an apparel line at fast-fashion retailer H&M in November. Missoni suede heels, with the luxe Italian fashion house’s signature zigzag print, hit the shelves at discount giant Target. Even Vera Wang is designing diamond engagemen
Some exercises yield more damage than progress

HealthOct 3, 2011

KANSAS CITY, Missouri ― Maybe the biggest barrier to working out is time. Barrier, challenge, excuse?So fitness trainers hate to see anyone frittering away precious workout periods or filling them with less-than-effective exercises. Actually, it makes them crazy.We asked a few trainers to point out
Changes hit Paris on day of designer debuts

FashionOct 3, 2011

PARIS (AP) ― The winds of change blew through Paris on Sunday, day six of the spring-summer 2012 ready-to-wear collections here, as newly appointed young designers replaced the old guard at several top brands and a just-launched label challenged the way the luxury business operates.The brainchild of
Hoey holds off McIlroy

More sportsOct 3, 2011

ST. ANDREWS, Scotland (AP) ― Northern Ireland’s Michael Hoey edged countrymen Rory McIlroy and Graeme McDowell to win the Dunhill Links Championship by two shots on Sunday, continuing his country’s recent success in world golf.Hoey, ranked No. 271, lost his three-shot overnight lead early in the fin