The Korea Herald

KEPCO to introduce new bill to control power use in emergencies

PoliticsSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- South Korea's state-run power company said Friday it seeks to introduce a new bill to regulate power consumption during emergencies following widespread blackouts that affected homes and businesses across the country last week. South Korea reported a nationwide power outa
Prosecutors raid 7 newly-suspended savings banks

Social affairsSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- Prosecutors on Friday raided seven savings banks whose operations were suspended last week due to large debts and insufficient capital in search of possible irregularities by the executives and large shareholders of the banks.Scores of prosecutors and police investigators
Head of suspended savings bank found dead in apparent suicide

Social affairsSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- The head of one of the nation's seven savings banks whose operations were suspended due to capital shortages last week was found dead in an apparent suicide Friday, police said.Jeong Gu-haeng, 50-year-old president of Seoul's Jeil 2 Savings Bank, appears to have jumped fr
Abortion rate in S. Korea on decline: health ministry

Social affairsSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- The number of abortions performed in South Korea has decreased sharply over the past three years, as married women got fewer abortions, the country's health ministry said Friday.According to the ministry, the number of abortions performed on every 1,000 fertile women reac
Roll over Einstein: Law of physics challenged

ScienceSept 23, 2011

GENEVA (AP) -- One of the very pillars of physics and Einstein's theory of relativity _ that nothing can go faster than the speed of light _ has been rocked by new findings from one of the world's foremost laboratories.European researchers said Thursday they clocked an oddball type of subatomic part
Lee arrives in Seattle on way home from New York

PoliticsSept 23, 2011

SEATTLE, Sept. 22 (Yonhap) -- South Korean President Lee Myung-bak arrived in Seattle on Thursday on his way home from New York, where he attended this year's session of the U.N. General Assembly and a high-level meeting on nuclear safety.Later Thursday, Lee was to hold talks with Washington State G
N. Korea, U.S. to resume talks on recovery of war dead next month

North KoreaSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- North Korea and the United States will resume talks next month on recovering the remains of American troops killed during the 1950-53 Korean War, a South Korean official said Friday.The move will follow a series of recent diplomatic efforts by South Korea and the U.S. to
S. Korea to develop own Patriot missile to intercept N. Korean missiles: sources

DefenseSept 23, 2011

SEOUL, Sept. 23 (Yonhap) -- South Korea is pushing for the development of its own version of advanced Patriot missiles to counter North Korean ballistic missiles, military sources said Friday.Multiple sources said the state-run Defense Agency for Technology and Quality (DATQ) will complete by the en
Lee, five G20 leaders call for 'decisive action" to tackle global economic crisis

PoliticsSept 23, 2011

NEW YORK (Yonhap News) -- South Korean President Lee Myung-bak and five other leaders of the Group of 20 countries called Thursday for greater international cooperation to tackle the worsening global economic situation."For many advanced economies, the path out of the deep and prolonged recession wi
Leaders of Korea, Peru agree to further expand trade, investment

PoliticsSept 22, 2011

NEW YORK (Yonhap News) -- The leaders of South Korea and Peru agreed Thursday to further expand investment and trade between the two countries, building on progress made since their free trade agreement took effect last month, officials said.South Korean President Lee Myung-bak and Peru's new Presid
Police probe hospital over death of Thai ambassador’s wife

Social affairsSept 22, 2011

Police said Thursday they have launched a probe into a Seoul hospital over the death of the wife of the Thai ambassador in Seoul.The wife of Thai Ambassador Chaiyong Satjipanon died on Monday, four days after she was admitted to Soon Chun Hyang University Hospital after complaining about an acute ab
Lee makes case for atomic energy before global leaders

PoliticsSept 22, 2011

South Korean President Lee Myung-bak on Thursday made a pitch for atomic power before global leaders, saying its use is inevitable to meet growing energy needs and fight climate change and that accidents like Japan's nuclear disaster can be prevented with strengthened safety measures.Lee made the ca
Graft scandal embroils another Lee confidant

Social affairsSept 22, 2011

Businessman claims to have given money to ex-vice culture ministerAnother of President Lee Myung-bak’s close confidants has become embroiled in a graft scandal, on top of two already under a prosecutorial probe for taking bribes. Shin Jae-min, a former vice culture minister and election campaigner f
Obama warns N.K. of more pressure

North KoreaSept 22, 2011

Lee says Seoul is ready to help Pyongyang if it makes ‘strategic decision’Leaders of South Korea and the United States urged North Korea to make concrete steps toward denuclearization, reiterating their unchanging stance six months ahead of a meeting of about 50 world leaders on nuclear security in
Rep. Na to run for mayoral candidacy

PoliticsSept 22, 2011

Rep. Na Kyung-won of the ruling Grand National Party will officially enter the upcoming Seoul mayoral race Friday as the party’s frontrunner.“I expect the race to be very difficult,” Na said in the party’s Supreme Council meeting on Thursday. She also called for the party’s full support, hinting at