The Korea Herald

Wall Street protests spread in U.S.

World NewsOct 4, 2011

NEW YORK (AP) ― Protests against Wall Street spread across the country Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine, in a show of anger over the wobbly economy and what they see as corporate greed.In Manhattan, hundreds of prote
Libya’s interim rulers name cabinet

World NewsOct 4, 2011

BENGHAZI, Libya (AP) ― Libya’s transitional leaders named a new cabinet Monday and vowed to step down after the country is secured, a move designed to show the North African nation is moving on even though fighting persists and Moammar Gadhafi remains at large.The announcement was made jointly by th
Gadhafi birthplace overrun

World NewsOct 4, 2011

SIRTE, Libya (AFP) - Anti-Gadhafi fighters Monday overran the ousted strongman’s birthplace of Qasr Abu Hadi, medics said, marking a symbolic victory in their battle to eradicate the last vestiges of his 42-year rule.The battlefield success -- which saw five new regime fighters killed -- came as Lib
Tech brands dominate top global brands list

World BusinessOct 4, 2011

Apple, Google, other tech brands high on global brands list, Nokia falls off top 10 NEW YORK (AP) -- We all want a bite out of Apple, according to a report valuing global brands out Tuesday.The maker of the popular iPhone, iPad2, music players and computers was one of the biggest gainers in an annua
Yahoo, ABC joining forces in news partnership

World BusinessOct 4, 2011

NEW YORK (AP) -- ABC News and Yahoo Inc. are joining to deliver more online news to their audiences. With the deal, ABC News content will be prominently featured on Yahoo News, the most visited news website in the world. It will also show up on Yahoo‘s popular front page.The partnership comes as a g
S. Korea to seek global currency swap at G20

World BusinessOct 4, 2011

South Korea is pushing for a global currency swap scheme during the Group of 20 meetings as part of efforts to strengthen the financial safety net against global market turbulences, Seoul officials said Tuesday.The global currency swap scheme is aimed at strengthening the financial safety net by all
Greece to miss deficit targets this year

World BusinessOct 3, 2011

ATHENS (AP) ― Greece won’t meet 2011-2012 deficit targets imposed by international lenders as part of the country’s bailout, the Finance Ministry said Sunday.The country’s deficit this year is expected to reach 8.5 percent of gross domestic product, or 18.69 billion euros ($25.2 billion) ― higher th
Manufacturing counters China ‘hard landing’

World BusinessOct 3, 2011

Signs of stability in China’s manufacturing industry in September may ease concern the world’s second-largest economy will suffer a slump in economic expansion that escalates the risk of another global recession. The Purchasing Managers’ Index published Oct. 1 by the China Federation of Logistics an
Wall Street protesters: We’re in for the long haul

World BusinessOct 3, 2011

NEW YORK (AP) ― The protesters who have been camping out in Manhattan’s Financial District for more than two weeks eat donated food and keep their laptops running with a portable gas-powered generator. They have a newspaper ― the Occupied Wall Street Journal ― and a makeshift hospital.They lack a cl
Israel backs Mideast talks plan, with reservations

World NewsOct 3, 2011

JERUSALEM (AP) ― Israel’s government welcomed on Sunday parts of an international proposal to resume long-stalled peace talks with the Palestinians but said it had concerns about the plan.The plan by Mideast mediators, known as the Quartet, calls for a peace deal in a year and asks both sides to pro
Syria warns US ambassador against meddling

World NewsOct 3, 2011

BEIRUT (AP) -- U.S. Ambassador Robert Ford should stop meddling in Syrian affairs if he wants to avoid more ‘rotten eggs’ attacks in the future, a state-run Syrian newspaper warned on Sunday.The Al Baath newspaper, a mouthpiece of the Syrian regime, accused Ford of supporting armed anti-government g
Syria dissidents launch national council

World NewsOct 3, 2011

BEIRUT (AP) ― Syrian dissidents on Sunday formally established a broad-based national council designed to overthrow President Bashar Assad’s regime, which they accused of pushing the country to the brink of civil war. Syrians took to the streets in celebration, singing and dancing.In a restive north
Egypt’s ruler denies army told to shoot protesters

World NewsOct 3, 2011

CAIRO (AP) ― Egypt’s military ruler on Sunday defended his testimony last month in the trial of ousted President Hosni Mubarak, denying that the army was ever ordered to shoot protesters during the uprising earlier this year.Field Marshal Hussein Tantawi testified in Mubarak’s trial on Sept. 24 unde
Nations using power of ‘weiplomacy’ in China

World NewsOct 3, 2011

Foreign embassies, diplomats quick to take up Chinese micro-blogging platform Weibo*Asia News Network is the world’sThe world became a smaller and flatter place thanks to the Internet. But with the emergence of Weibo, the micro blog, cyberspace has again become multidimensional, as Weibo has been ch
Climate change behind storms, flooding, drought, Manila says

World NewsOct 3, 2011

Officials have warned Filipinos to brace against the inconvenient truth of devastating storms, flooding and drought unless policies and projects are put in place to mitigate climate change.Undersecretary Graciano Yumul of the Department of Science and Technology (DOST) said that in the next 20 to 50