The Korea Herald

Russian tycoon punches fellow billionaire on TV

Sept 19, 2011

MOSCOW (AP) — A Russian tycoon has punched a fellow billionaire on a television panel show after a discussion on the financial crisis degenerated into petty name-calling.Alexander Lebedev, a former KGB operative and owner of two major newspapers in Britain, wrote on his blog that property deve
China Southern A380 threats Cathay Pacific

World BusinessSept 18, 2011

China Southern Airlines Co.’s focus on domestic flights made it Asia’s largest carrier by passengers. Now, it’s adding Airbus SAS A380s to help challenge Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. on routes to Europe and North America. The carrier, which flew 76.5 million passengers las
GM, UAW agree on new contract

World BusinessSept 18, 2011

DETROIT (AP) ― The United Auto Workers union won $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a new four-year contract with General Motors Co., two people briefed on the talks said Saturday.The deal, which was reached late Friday, also includes a $2- to $3-p
Pass jobs bill without ‘division or delay’: Obama

World BusinessSept 18, 2011

WASHINGTON (AP) ― President Barack Obama is keeping up his appeal for public support of his $447 billion proposal to boost jobs and consumer spending by urging Americans to press Congress to pass the legislation. “No more division or delay,” he said.In his weekly radio and Internet address Saturday,
Kara Kennedy, daughter of Ted Kennedy

World NewsSept 18, 2011

WASHINGTON (AP) ― Six years after she was deemed cancer-free, Kara Kennedy accepted the Presidential Medal of Freedom on behalf of her father, just weeks before Sen. Edward Kennedy died battling a brain tumor.However, her own lung cancer treatment ― surgery and grueling chemotherapy and radiation ―
Iraqi girl recounts bus massacre

World NewsSept 18, 2011

KARBALA, Iraq (AP) ― The trip was intended to give Tabarak Thaer a glimpse of the world beyond Iraq’s violence and misery. Instead, it brought the 10-year-old face to face with terror when insurgents boarded the bus she was riding, forced the male passengers off, and killed them.Although the attacke
Pro-Russia party wins snap Latvian election

World NewsSept 18, 2011

RIGA (AP) ― A left-wing, pro-Russia party captured the most votes in Latvia’s parliamentary elections, marking a milestone for the tiny Baltic nation where parties distrustful of Russia have dominated all national elections since independence 20 years ago.With some 95 percent of ballots counted earl
Russia seeks to broker Syria talks

World NewsSept 18, 2011

DAMASCUS (AFP) ― A group of Russian lawmakers arrived in Damascus in a bid to broker an end to violence in Syria, where security forces were reported to have killed two more people.Moscow is a traditional ally of President Bashar Assad, and the delegation, which flew in Saturday, aims to meet him an
U.N. agenda packed; focus on Palestinian bid

World NewsSept 18, 2011

UNITED NATIONS (AP) ― The spotlight will be shining on the Palestinian bid for U.N. membership when world leaders gather at the United Nations starting Monday, but the U.N. is hoping the glow will spread to other pressing global issues, including killer diseases, nuclear safety, terrorism and the af
Witnesses hail pilot of crashed plane for saving lives of hundreds

World NewsSept 18, 2011

Witnesses of the plane crash at a Reno air show Friday that killed nine hailed the pilot of the doomed P-51 Mustang for saving the lives of hundreds by steering away from the grandstand. In this Friday, Sept. 16, 2011 photo, a P-51 Mustang airplane approaches the ground right before crashing d
Italy scandal: Did state planes fly prostitutes?

World NewsSept 18, 2011

ROME (AP) -- Opposition leaders have demanded an inquiry to determine if Italian government aircraft flew a bevy of young escorts to Premier Silvio Berlusconi's private parties.Concern was also growing in Italy over whether the billionaire media mogul premier who allegedly boasted in an intercepted
Obama to seek a new tax rate for wealthy

World NewsSept 18, 2011

WASHINGTON (AP) -- President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers.A White House official said the proposal would be included in the president's proposal for long term deficit re
Reno crash killed 9; probe focuses on wayward part

World NewsSept 18, 2011

RENO, Nevada (AP) -- The death toll rose to nine Saturday in an air race crash in Reno as investigators determined that several spectators were killed on impact as the 1940s-model plane appeared to lose a piece of its tail before slamming like a missile into a crowded tarmac.Moments earlier, thousan
Not just science fiction: Planet orbits 2 suns

World NewsSept 16, 2011

This image provided by NASA shows an artist’s depiction showing a discovery by NASA’s Kepler mission of a world where two suns set over the horizon instead of just one. (AP-Yonhap News)MOUNTAIN VIEW, California (AP) -- Astronomers say a bit of science fiction is now reality. They‘ve spotted a planet
Denmark gets first female P.M. after left’s win

World NewsSept 16, 2011

COPENHAGEN (AP) ― Denmark has elected its first female prime minister, ousting the right-wing government from power after 10 years of pro-market reforms and ever-stricter controls on immigration.Near complete official results showed Thursday that a left-leaning bloc led by Social Democrat Helle Thor