The Korea Herald

Israelis debate over prisoner release

Oct 17, 2011

JERUSALEM (AP) ― Relatives of Israelis killed in Palestinian attacks waged a charged debate Sunday over the planned release of militants this week in a deal to free an Israeli soldier held by Hamas for five years.Several families have filed court appeals against the deal, though it is not expected t
Occupy Wall Street shows muscle, raising $300,000

Oct 17, 2011

NEW YORK (AP) ― The Occupy Wall Street movement has close to $300,000, as well as storage space loaded with donated supplies in lower Manhattan. It stared down city officials to hang on to its makeshift headquarters, showed its muscle Saturday with a big Times Square demonstration and found legions
French presidential race: Sarkozy vs. Hollande

Oct 17, 2011

Former Socialist Party chief to go up against conservative president facing public frustrationPARIS (AP) ― The resurgent French left, riding on popular anger at conservative President Nicolas Sarkozy and global financial markets, endorsed former Socialist Party chief Francois Hollande on Sunday as i
Colombia trade deal worries small farmers

Oct 16, 2011

CAJICA, Colombia (AP) ― Colombia’s president calls a free trade pact finally approved by the U.S. Congress a commercial milestone that will build export muscle, but many of the country’s small farmers fear for their livelihoods.Some worry that imports of less expensive, subsidized U.S. goods could d
Japan’s aging air force plans major overhaul

Oct 16, 2011

HYAKURI AIR BASE, Japan (AP) -- Warplanes bearing the bright red Rising Sun logo roared overhead Sunday as Japan held a once-every-three-years display to showcase one of the best air forces in Asia. The only problem -- most of its fighters were grounded.Underscoring Japan’s uphill battle in an incre
Gunbattle rocks Tripoli; Libyans look for Gadhafi supporters

Oct 16, 2011

TRIPOLI (AP) ― Libyan fighters fanned out in Tripoli neighborhoods Saturday to search for armed supporters of fugitive leader Moammar Gadhafi a day after a major gunbattle rocked the capital for the first time in two months.Dozens of men combed apartment buildings for suspects and weapons in the Abu
Liberia opposition pulls out of presidential poll; cites flaws

Oct 16, 2011

MONROVIA (AP) ― A group of Liberian opposition parties said Saturday they are pulling out of a recent presidential poll and threatened to refuse the results over allegations that election officials are skewing the outcome in favor of the president.Saturday’s statement was signed by eight parties, in
U.S. claim of plot has ‘no legal logic’: Iran

Oct 16, 2011

With no guaranteed immunity for troops, under militants’ threats, Americans will cease operationsTEHRAN (AP) ― Iran’s Foreign Ministry dismissed U.S. accusations that Tehran was involved in a plot to assassinate the Saudi ambassador in Washington, saying Saturday the claims had no “legal logic.”The
Anti-Wall Street protests go global

Oct 16, 2011

NEW YORK (AP) -- Thousands of demonstrators protesting corporate greed filled Times Square on Saturday night, mixing with gawkers, Broadway showgoers, tourists and police to create a chaotic scene in the midst of Manhattan.``Banks got bailed out, we got sold out!'' protesters chanted from withi
New iPhone launch turns into remembrance for Jobs

Oct 15, 2011

NEW YORK (AP) — It wasn't just the latest iPhone that drew people to Apple stores Friday.Many consumers waited in lines for hours — sometimes enduring chilly temperatures and overnight thunderstorms — to remember Steve Jobs, Apple's visionary who died last week.The company's first
Showdown looms between Wall Street protesters and cops

Oct 14, 2011

NEW YORK (AP) ― Officials moved to end Wall Street protesters’ monthlong occupation of a park that spawned similar gatherings across America and is going global, setting up a potential confrontation Friday with police and an uncertain future for a movement that claims to speak for the disillusioned
Hedge fund exec jailed for insider trading

Oct 14, 2011

NEW YORK (AP) ― Raj Rajaratnam, the Sri Lanka-born hedge fund billionaire at the center of the biggest insider-trading case in U.S. history, was sentenced Thursday to 11 years behind bars ― the stiffest punishment ever handed out for the crime.“His crimes and the scope of his crimes reflect a virus
Fitch cuts UBS ratings, says more may follow

Oct 14, 2011

UBS AG, Lloyds Banking Group Plc and Royal Bank of Scotland Group Plc had long-term issuer default grades cut by Fitch Ratings, which put more than a dozen other lenders on watch negative as part of a global review. UBS’s long-term issuer default rating and its “support rating floor” were cut to “A”
BlackBerrys buzz back to life, but damage done

Oct 14, 2011

NEW YORK (AP) ― BlackBerrys across the world buzzed back to life Thursday, leaving customers outraged and threatening to cost the granddaddy of all smartphones more business when it’s already struggling to keep up in a crowded marketplace.The three-day blackout interrupted e-mail and Internet servic
White House dinner icing on SKorea charm offensive

Oct 14, 2011

WASHINGTON (AP) _ First came an intimate dinner at a suburban Korean restaurant. Next, the all-out opulence of a White House state dinner in the East Room.In between, it was lunch on the State Department's fine china.President Barack Obama deployed maximum culinary diplomacy this week to signal his