The Korea Herald

24 people killed as tornado strikes Missouri: local media

World NewsMay 23, 2011

Death toll may rise to 100CHICAGO, (AFP) - A tornado killed 24 people Sunday in the Missouri town of Joplin, local media reported, less than a month after twisterscarved a swathe of destruction through the US southeast.The Springfield News-Leader newspaper reported that Ryan Nicholls of the Springfield-Greene County office of emergency management confirmed that 24 people were killed.Joplin, locate
Princess Beatrice's wacky wedding hat sells for $131,652

May 23, 2011

Britain's Prince Andrew, center, and his daughters Britain's Princess Eugenie, left, and Britain's Princess Beatrice leave Westminster Abbey at the Royal Wedding in London. (AP-Yonhap News)LONDON, May 23, 2011 (AFP) - The flamboyant hat worn by Princess Beatrice at last month's British royal wedding was Sunday sold for the princely sum of $131,652 (93,171 euros) on internet auction site eBay.Proce
Malick's 'Tree of Life' wins top Cannes fest honor

FilmMay 23, 2011

Bill Pohlad (L) and Dede Gardner, producers of the American film "The Tree of Life", present the Palme d'Or in Cannes, France, May 22, 2011. The film by American director Terrence Malick has won the 2011 Golden Palm (Palme d'Or), the most prestigious award of the 64th Cannes International Film Festival ending on Sunday night. (Xinhua-Yonhap News)CANNES, France (AP) _ American director Terrence Mal
Blackpool relegated after 4-2 loss at Man United

SoccerMay 23, 2011

Blackpool's Jason Puncheon, left, vies for the ball with Manchester United's Ji-Sung Park, right, during their English Premier League soccer match at Old Trafford, Manchester, England, Sunday, May 22, 2011. (AP-Yonhap News)MANCHESTER, England (AP) _ Blackpool's adventure in the Premier League came to a heartbreaking end on Sunday as Ian Holloway's side was relegated after a 4-2 loss at champion Ma
Creditors may delay Hynix sale into June

IndustryMay 23, 2011

Creditors of Hynix Semiconductor Inc. said Monday that they may kick off the process to sell a major stake in the second-largest computer memory chipmaker next month, delaying the sale from their previous schedule. Creditors, including Korea Exchange Bank, Woori Bank and state-run Korea Finance Corp., had initially planned to start the process to sell their combined 15 percent stake in Hynix
GM Korea unveils Cruze hatchback in Seoul

TransportMay 23, 2011

(Yonhap News) GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., on Monday introduced its all-new hatchback, the Chevrolet Cruze5, in South Korea, adding what it called a "sexy and smart" vehicle to its Chevrolet lineup. Based on GM's mid-size passenger car the Chevrolet Cruze, the hatchback comes in two trims -- with a 1.8-liter gasoline engine or a 2.0-liter turbo diese
N. Korean leader arrives in Yangzhou in eastern China

NationalMay 22, 2011

A special train carrying North Korean leader Kim Jong-il arrived in Yangzhou in eastern China for a visit that a top Beijing official said is aimed at helpingPyongyang learn about Chinese economic development. Kim arrived at Yangzhou Station in Jiangsu Province at 7:54 p.m. on the third day of his secretive Chinese visit after departing from Changchun in northeastern China on Saturday. Contrar
Irrespective of sanctions, Lone Star could sell shares to Hana Financial

May 22, 2011

Financial regulatory officials have floated the possibility that Lone Star Funds could be ordered to sell most of its controlling stake in Korea Exchange Bank under a punitive action.Such a scenario could raise the issue of whether the Texas-based buyout fund would still be allowed to choose a particular investor, including Hana Financial Group, to dispose of the KEB shares.The headquarters of Kor
S. Korea, U.S. launch Agent Orange probe

PoliticsMay 22, 2011

South Korea and the U.S. have agreed to a joint investigation into the alleged burial three decades ago of Agent Orange at a U.S. military base in Waegwan, North Gyeongsang Province, a senior government official said Sunday.“Recognizing the urgency and importance of the matter, the U.S. has actively engaged in consultations with us. For a prompt, transparent resolution of the issue, the two sides
Korea, Japan, China agree on nuke safety

PoliticsMay 22, 2011

Wen says Beijing invited N.K. leader to witness economic developmentLeaders of South Korea, Japan and China agreed Sunday to set up an early notification system for nuclear accidents during an annual tripartite summit in Tokyo which took place as North Korean leader Kim Jong-il was visiting China.Chinese Prime Minister Wen Jiabao told President Lee Myung-bak that “Beijing invited Kim to give the N
N. Korean leader expected to meet China’s president

North KoreaMay 22, 2011

Kim Jong-il, Hu Jintao will discuss economic cooperation, denuclearization efforts: expertsNorth Korean leader Kim Jong-il was expected to meet with Chinese President Hu Jintao on Monday to discuss bilateral economic cooperation as well as denuclearization efforts.The special train carrying Kim entered the Chinese border town of Tumen early Friday, passed through Shenyang Saturday evening and was
Lee, Park to tackle reform in ruling party

PoliticsMay 22, 2011

Meeting comes as factional strife looms large, party licks post-election woundsThe meeting between President Lee Myung-bak and former Grand National Party chairwoman Park Geun-hye, scheduled for this week, is drawing keen attention as the rare talks are to come amid the party’s efforts for reform.The ruling party has been seeking measures to revamp itself and shore up public trust since its by-ele
U.S. fee waiver scholarship introduced for students

Social affairsMay 22, 2011

Seoul-area Korean students can take advantage of a scholarship which would allow them to study at a U.S. university at in-state prices. John Fox, director of the International Students Program at Georgia Southwestern State University, introduced its tuition waiver scholarship program for international students during a presentation Saturday. John FoxThrough the program, students who meet the qual
Environmental assessments for businesses lax

Social affairsMay 22, 2011

The government put on hold less than one percent of development projects after undergoing environmental impact assessments, according to Seoul’s Environment Ministry Sunday.The data highlights the strain between faster development and environmental consciousness. According to the ministry, environmental impact assessments prior to development have put a brake on less than five percent of projects
Court to open trial of Somali pirates

PoliticsMay 22, 2011

Prosecutors to charge 23-year-old with attempted murderIn a first of its kind, four of the five Somali pirates captured after a daring naval raid on a South Korean freighter in the Arabian Sea will go on jury trial Monday, according to court officials.Arai Mahomed, 23, who is suspected of shooting Captain Seok Hae-kyun at point-blank range, and three others will be publicly tried at the Busan Dist