The Korea Herald

Korea’s medical breakthroughs draw overseas patients

World NewsOct 9, 2011

When Svante Ebbinghaus of Sweden decided to go for another operation for his spinal pains that left him virtually unable to move without assistance, he had to quickly find a doctor. Research led him across the globe to South Korea.“I remember it being so bad that my entire lower body was in excrucia
UAW summons leaders; may signal Chrysler deal

World BusinessOct 9, 2011

DETROIT (AP) ― The United Auto Workers has asked local union leaders from Chrysler factories to meet in Detroit, normally a sign the union has agreed to a new contract with an automaker.UAW spokeswoman Michele Martin confirmed that union leaders will meet on Monday. She said negotiations for a labor
Despite boost in spending, Angolans languish in hospital

World NewsOct 9, 2011

LUANDA (AFP) ― In the Angolan hospital rooms that do have beds, two or three patients share each one, feeling fortunate not to be among the sick crowded into the corridors.Angola has tripled its spending on health care since 2006, but for the vast majority of Angolans who can’t afford sparkling new
Western fast food surges with waistlines in India

World NewsOct 9, 2011

NEW DELHI (AFP) ― Every lunchtime at a McDonald’s on the corner of one of central New Delhi’s biggest streets, queues of hungry young patrons, often four-wide and unruly, snake towards the counters.The majority of those standing in line are under 30, most are in Western rather than Indian dress, and
Jiang appears in public after speculation

World NewsOct 9, 2011

BEIJING (AP) ― Former Chinese President Jiang Zemin made a rare public appearance at a Beijing ceremony on Sunday, months after speculation that he had died or was close to death.The 85-year-old Jiang took his seat onstage with other former and current top Chinese leaders at the Great Hall of the Pe
Private funeral held for Jobs

World BusinessOct 9, 2011

SAN FRANCISCO (AP) ― The Wall Street Journal is reporting that the funeral for Apple co-founder Steve Jobs is being held Friday.The newspaper cited an unnamed person familiar with the matter. The person described the ceremony as a small private gathering. The person would not say where or when Frida
H.K. student’s Apple tribute is Internet hit

World BusinessOct 9, 2011

HONG KONG (AFP) ― A Hong Kong design student said Friday he was overwhelmed and felt “unreal” after his somber logo in tribute to Apple founder Steve Jobs caused a worldwide Internet sensation.The design, featuring Jobs’ silhouette incorporated into the bite of a white Apple logo on a black backgrou
Moody's cuts credit ratings of 12 British banks

World NewsOct 7, 2011

Moody's on Friday downgraded its credit ratings for a dozen British lenders, including state-rescued Royal Bank of Scotland and Lloyds TSB, due to the removal and curtailment of government financial support.Moody's said it chose to downgrade five large banks and seven small ones as government action
Gadhafi urges resistance to Libya’s new leaders

World NewsOct 7, 2011

TRIPOLI (AP) ― Moammar Gadhafi called on Libyans to take to the streets and wage a campaign of civil disobedience against the country’s new leaders Thursday ― the first word from the fugitive leader in just over two weeks.Gadhafi said the National Transitional Council, which has assumed leadership o
Wall Street protesters fed up with both parties

World NewsOct 7, 2011

Obama acknowledges economic insecurities fueling three-week demonstrationsNEW YORK (AP) ― Their chief target is Wall Street, but many of the demonstrators in New York and across the U.S. also are thoroughly disgusted with Washington, blaming politicians of both major parties for policies they say pr
Moody’s downgrades a dozen U.K. banks‘

World BusinessOct 7, 2011

LONDON (AP) -- Moody’s Investors Service has downgraded the debt ratings of a dozen British banks because of doubts over the strength of the government’s support.Moody’s said Friday that the downgrades include a two-notch downgrade to “A2” for government-controlled Royal Bank of Scotland, and a one-
BOE mulls extra stimulus measures

World BusinessOct 7, 2011

LONDON (AP) ― The Bank of England surprised markets Thursday by sanctioning another 75 billion pounds ($116 billion) injection into a British economy that’s suffering from the shockwaves of Europe’s debt crisis and the British government’s austerity program.The Bank’s rate-setting Monetary Policy Co
Obama challenges GOP senators: Vote for jobs bill

World NewsOct 7, 2011

WASHINGTON (AP) — President Barack Obama defiantly challenged lawmakers Thursday to vote for his jobs plan or explain why not. "This is not a game," he declared.In keeping with the sharp new tone the president has adopted against Republicans, he challenged them to support him or spell out what
ECB leaves interest rates unchanged

World BusinessOct 6, 2011

BERLIN -- The European Central bank left interest rates unchanged on Thursday, holding off on a step many economists think the eurozone's chief monetary authority will eventually take by year-end to support a weakening economy.Markets waited for bank head Jean-Claude Trichet's last news conference t
Asian tech giants remember Jobs as ‘leading light’

World BusinessOct 6, 2011

HONG KONG (AFP) -- Asia‘s technology giants paid tribute to Steve Jobs on Thursday, with Sony and Samsung hailing the late Apple co-founder as the leading light of the digital age and an inspirational entrepreneur.Fans in tech-savvy Japan and Singapore held silent prayers at Apple stores while in Ch