The Korea Herald

Tablets crowd CES, chasing iPad’s tail

IndustryJan 9, 2011

Working with high-speed data network may be key to success in the tablet spaceLAS VEGAS (AP) ― Big tablets and small tablets, white ones and black ones. Cheap ones and expensive ones. Brand names famous and obscure are at the starting line of a race where the iPad is already a speeding dot on the horizon.It’s impossible to walk the floor at this year’s International Consumer Electronics Show witho
Fed sees slow return to normal jobless rates

Jan 9, 2011

Bernanke: 4-5 years to reach normal unemployment; $600b support program still neededWASHINGTON (AP) ― Federal Reserve Chairman Ben Bernanke sketched a more optimistic view of the economy Friday but said the Fed’s $600 billion bond-buying program is needed because unemployment will likely stay elevated for up to five more years.Bernanke told the Senate Budget Committee that there’s rising evidence
Fans, rescued miner fete Elvis’ 76th birthday

MusicJan 9, 2011

MEMPHIS, Tennessee (AP) ― Hundreds of Elvis Presley fans, including Chilean miner Edison Pena, gathered at Graceland to sing “Happy Birthday” on the late rock ‘n’ roll icon’s 76th birthday.Pena, the guest of honor at Elvis’ birthday party, cut into a 1.2-meter-high cake fashioned to look like stacked television sets as fans cheered both the singer and the miner outside Elvis’ longtime Memphis home
Asia takes 6-2 lead over Europe

GolfJan 9, 2011

HUA HIN, Thailand (AP) ― Asia swept all four points in the fourballs on Saturday to build a 6-2 lead over Europe in the three-day Royal Trophy match play golf tournament.Asia needs only 2 1/2 points from the eight singles matches on Sunday to win at the Black Mountain Golf Club. Asia’s Noh Seung-yul hits a shot on the second hole. (AP-Yonhap News)Locked at 2-2, Asia dominated the fourballs with Eu
Korea toughens regulations on anchor babies, citizenship

Social affairsJan 9, 2011

The government has decided to grant dual citizenship to the children of women who have studied or worked overseas for more than six months and given birth while abroad.Those who fail to meet the standard will be considered “anchor babies” from “birth tourists” and will be excluded from the system, said the Ministry of Justice on Sunday. Korean males who gain dual citizenship will still be mandated
Suffering wife to talent show winner

Social affairsJan 9, 2011

Filipino woman abused by Korean husband finds new hope“I felt like I was singing for my one moment in time,” said Marinel Cuid.For the Filipino native, winning a national talent show here signaled a fresh start for her and her children, away from her abusive Korean husband.“I cried all night (after winning the talent show) because I couldn’t believe it,” said Cuid.The 35-year-old single mother of
Internet connectivity is top tech trend: CEA head

IndustryJan 9, 2011

LAS VEGAS ― Internet connectivity in electronic devices was clearly a major theme for this year’s Consumer Electronics Show, according to Gary Shapiro, president and CEO of the Consumer Electronics Association. His organization owns and is responsible for the production of CES, the world’s largest electronics tradeshow held in Las Vegas annually to a bustling crowd of eager buyers. “In terms of tr
Number of credit cards hit record high last year

Jan 9, 2011

The average number of credit cards held by Koreans hit a record high last year thanks to a well-established payment system and improving economic conditions, a report showed Sunday.A total of 114.94 million cards had been issued by the end of the third quarter of last year, according to the report by the Credit Finance Association. Given that the number of economically active people totaled 24.99
New Year deals for Cadillac

TransportJan 9, 2011

GM Korea is offering a number of special deals with the CTS, SRX and STS until the end of the month.For the CTS 3.0, the company is offering a choice between a 2 percent discount and a lease financing program that allows the buyer to pay 65 percent of the vehicle’s price at the end of a 36 month period with 30 percent paid up front. Cadillac SRXFor SRX models, buyers can pick between a zero-intere
Harley Davidson’s ‘Hot Winter’ promotion

TransportJan 9, 2011

Harley Davidson Korea is holding the “Hot Winter” promotion event that offers credits for Harley Davidson accessories, free checkup service and winter clothing until the end of the month.As part of the promotion, the company is offering credits that can be used to buy Harley Davidson parts and accessories to those buying new vehicles before the end of the month.The company is also holding a mileag
InternationalJan 9, 2011

MANILA (AFP) - Philippine authorities may ban sex on the world-famous beaches of Boracay island after a television crew filmed two naked couples making out in public on New Year's Day, the local mayor said Thursday.The clip showed one pair apparently having sex on the beach and the other locked in a passionate kiss in the water, with the woman's bare breasts clearly shown above the waterline.The ABS-CBN television network said it filmed the apparently Western couples at 2:00 am on New Year's Day
Chrysler Korea celebrates 19 years

TransportJan 9, 2011

Chrysler Korea is cutting the price of 300C vehicles by 19 percent during January to mark the brand’s launch here 19 years ago.Chrysler vehicles were first imported to Korea through official channels in 1992, and Chrysler Korea was established in 1996.As part of the celebrations, the company is offering a 19 percent discount on 300C vehicles to those making the purchase in cash.The 300C models ran
Honda lease sales of EV-neo electric scooter

TransportJan 9, 2011

TOKYO (DPA) ― Honda has started delivery of its EV-neo electric scooter to customers in Japan prior to the start of lease sales to businesses in April next year, the carmaker has announced.These first 100 vehicles, which qualify as a first-class motor-driven cycle in Japan for engine displacements of 50cc or less, will be used to collect data and other information for the future development of zer
2011 Chrysler 300 sedan

Jan 9, 2011

This undated images provided by Chrysler, shows the new redesigned 2011 Chrysler 300 sedan and its exterior. (AP-Yonhap)
BMW introduces new car exchange program

TransportJan 9, 2011

BMW Korea is offering a chance to exchange 528i and Gran Tourismo vehicles for other BMW models until the end of the month.The offer is limited to vehicles registered less than 30 days before the date of exchange or to those having traveled less than 3,000 kilometers since their initial purchase.The offer is also limited to vehicles registered during January, and to those purchased on BMW Financia