The Korea Herald

Worst Cairo riots since Mubarak-era kill 24

World NewsOct 10, 2011

Protests over church attack turns into bloodiest sectarian violence since February uprisingCAIRO (AP) ― Flames lit up downtown Cairo, where massive clashes raged Sunday, drawing Christians angry over a recent church attack, Muslims and Egyptian security forces. At least 24 people were killed and mor
Jobs’ death turns eyes on $76b cash

World BusinessOct 10, 2011

A woman leaves a post-it note at a memorial for Steve Jobs, outside an Apple store in Palo Alto, California. (Bloomberg)At a meeting with Apple Inc. finance chief Peter Oppenheimer this year, investor Kishore Rao asked the company to tap its billions in cash to pay a dividend. Oppenheimer had heard
Riots over church attack in Egypt kill 24

World NewsOct 10, 2011

CAIRO (AP) -- Massive clashes that drew in Christians angry over a recent church attack, Muslims, and Egyptian security forces raged over a large section of downtown Cairo Sunday night, leaving at least 24 people dead and more than 150 injured, Health Ministry officials said. It was the worst violen
Merkel, Sarkozy reach agreement on bank sector

World BusinessOct 10, 2011

BERLIN (AP) -- The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector.German Chancellor Angela Merkel says she and French President Nicolas Sarkozy ``are determined to do the necessary to ensure the reca
France, Belgium, Luxembourg agree on Dexia plan

World BusinessOct 10, 2011

BRUSSELS (AP) -- The governments of France, Belgium and Luxembourg said Sunday they had approved a plan for the future of embattled bank Dexia, but they offered no details.In a three-sentence statement issued by the Belgian prime minister's office, they said they supported a proposal by the bank's m
Greece expects $27b solar project

World BusinessOct 9, 2011

Greece’s Energy Minister George Papaconstantinou said he expects an agreement by the end of the year that will advance a 20 billion-euro ($27 billion) solar power project, part of an initiative to boost the economy. Papaconstantinou said he plans to sign a pact with European Union officials and rene
Chinese automaker to build plant in Brazil

World BusinessOct 9, 2011

SAO PAULO (AFP) ― Chinese automaker JAC Motors said Friday it will invest $500 million to build a factory in Brazil’s northeastern Bahia state, its first outside China.The factory, slated to open in 2014, will have the capacity to produce 100,000 units, Jianghuai Automobile Co. said in a statement.
Nobel winner Gbowee wants absolute peace

World NewsOct 9, 2011

Nobel peace prize joint winner Leymah Gbowee said Saturday it was her goal to seek absolute peace in Africa and the world, also paying tribute to a late Kenyan peace laureate. “My goal is to ensure that there is absolute peace in Africa and the rest of the world,” Gbowee told a group of three journa
Christians fear Islamist pressure in Egypt

World NewsOct 9, 2011

CAIRO (AP) ― On her first day to school, 15-year-old Christian student Ferial Habib was stopped at the doorstep of her new high school with clear instructions: either put on a headscarf or no school this year.Habib refused. While most Muslim women in Egypt wear the headscarf, Christians do not, and
Yemen president says he wants to leave power

World NewsOct 9, 2011

SANAA (AP) ― President Ali Abdullah Saleh made vague comments Saturday that he is willing to leave power in his first major speech since returning Yemen, but he gave no concrete plan for the future of the country. Yemen’s opposition cast doubt that the embattled leader was serious.It was not the fir
Smartphone war pauses as world mourns Steve Jobs

World BusinessOct 9, 2011

SAN FRANCISCO (AFP) -- The launch of a hot new Google smartphone was delayed as the world mourned the loss of legendary Apple co-founder Steve Jobs and sales began of the latest iPhone.Unconfirmed word also spread that a private funeral was taking place for Jobs, who died Wednesday at the age of 56
Libyans claim gains in Gadhafi hometown offensive

World NewsOct 9, 2011

SIRTE, Libya (AP) ― Libyan revolutionary forces claimed to have captured parts of a sprawling convention center that loyalists of Moammar Gadhafi have used as their main base in the ousted leader’s hometown and were shelling the city to try to rout snipers from rooftops in their offensive aimed at c
Romney responds to Mormon flare-up; Perry passes

World NewsOct 9, 2011

Texas Gov. Perry steers clear of simmering issue as candidates court religious conservativesWASHINGTON (AP) ― The Republican presidential field has moved into a more aggressive phase just three months before voting begins with a flare-up over religion sparked by a prominent supporter of Texas Gov. R
Dow, Saudi firm sign $20b deal

World BusinessOct 9, 2011
Polish ties with Germany, Russia at stake in vote

World NewsOct 9, 2011

WARSAW, Poland (AP) ― Poles will vote in parliamentary elections that will determine whether the country continues on its conciliatory course with Russia and Germany, or whether it returns to a more combative stance with those historic foes.Before Sunday’s voting, polls showed Prime Minister Donald