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China indicts ex-politician Bo Xilai for graft

World NewsJul 25, 2013

Disgraced Chinese politician Bo Xilai was indicted Thursday on charges of corruption, accepting bribes and abuse of power, state media reported, moving China's biggest political scandal in years toward closure. The indictment paves the way for a trial, about 16 months after Bo dropped from sight in one of China's biggest-ever political scandals. The Xinhua News Agency said the indictment was handed over Thursday by prosecutors in the eastern city of Jinan to the city's intermediate court. That
Seoul shares trade in flat late-morning trade

Jul 25, 2013

South Korean stocks traded flat late Thursday morning as gains in technology firms offset losses in carmakers, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) edged down 0.08 points to 1,912.00 as of 11:20 a.m.Carmakers continued to lead the market decline, with No. 1 player Hyundai Motor losing 0.22 percent and its smaller affiliate Kia Motors falling 0.66 percent. In contrast, top auto parts maker Hyundai Mobis gained 0.97 percent.Tech shares traded bullish, with market b
Seoul shares gain 0.42 pct on low hopes for earnings

Jul 24, 2013

South Korean stocks inched up 0.42 percent on Wednesday, as investors took to the sidelines on low hopes for second-quarter corporate earnings, analysts said. The local currency gathered ground against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) added 7.93 points to close at 1,912.08. Trading volume was moderate at 315.9 million shares worth 3.47 trillion won (US$3.11 billion) with gainers outstripping decliners 443 to 339."The main index managed to close in positive
N. Korea halts work on long-range rocket launch site: think tank

North KoreaJul 23, 2013

North Korea has halted all new construction at a long-range rocket launch facility on its east coast, a U.S. think tank said Tuesday, citing recent satellite imagery.According to 38 North, an analysis program of the U.S.-Korea Institute at Johns Hopkins University, no construction work has been carried out at the Musudan-ri facility for the past eight months.The facility, also called the Tonghae Satellite Launching Ground, was designed to handle rockets larger than the Unha-3 space launch vehicl
Former president claims seized insurance as inheritance

Social affairsJul 23, 2013

A confiscated insurance product belonging to the wife of former President Chun Doo-hwan has been purchased with assets inherited from her ancestors, a lawyer representing the couple said Tuesday.As part of efforts to collect a massive fine that the former military dictator owes the state, prosecutors have seized a personal pension insurance policy worth 3 billion won (US$2.68 million) that was opened under the name of former first lady Lee Soon-ja."I came here to pick up a document that can prov
Apple software developers site hacked

InternationalJul 22, 2013

Computer and software giant Apple said Sunday that it took its software developers website offline after it was hacked, warning that personal information about them may have been stolen."Last Thursday, an intruder attempted to secure personal information of our registered developers from our developer website," Apple said in a statement.Although sensitive information was encrypted, "we have not been able to rule out the possibility that some developers' names, mailing addresses, and/or email ad
[고급 시사영어독해]

English EyeJul 22, 2013

Put an investment in a productive assets‘생산성 자산’에 투자한다Buffett lives not on an isolated island of wealth but in Omaha, in a shingle-roofed five-bedroom house on an unpretentious street that looks as if it might belong to a successful dentist. He bought it for $31,500 in 1958. The corporation he runs, Berkshire Hathaway, owns 76 businesses ― from a candy company to an electric utility ― that throw off $1 billion a month in free cash, and he holds major stakes in many of the country’s biggest blue-
취약한 국내 '사이버 안보' ...정부 종합대책 통할까?

Jul 19, 2013

국내 금융기관 전산망의 보안 취약성, 얼마나 심각한 걸까?KAIST 정보보호대학원의 임채호 교수와 대학원생들로 이루어진 모의해킹팀은 국내 여러 기업을 대상으로 실제상황을 가정한 해킹을 진행해왔다. 그리고 그 결과는 늘 '위험수준'인 낙제점에 머물렀다.과정은 이러하다. 모의해킹팀은 요즘 이슈가 된 APT 공격 방법과 유사한 악성코드를 포함한 이메일을 기업체 직원에게 발송한다. 이메일에는 지인으로 속이거나 직원이 관심 있어하는 정보가 포함되어 있어 보안의식이 결여된 직원들 대부분이 메일에 포함된 악성코드를 실행하게 된다. 악성코드는 백신 탐지를 피해 회사 내부망으로 침투하고, 모의해킹팀은 공격을 지속적으로 진행해 온라인 시스템 관리와 관련된 중요한 권한•정보 등을 획득한다. 실제 상황이었다면 전산망 장애로 인해 온라인 업무가 마비되거나 기업의 주요 정보가 유출될 수 있는 아찔한 상황이다.이 시뮬레이션은 인터넷 뱅킹으로 하루 평균 33조원이 거래되는 한국 금융권의 취약한 보안상태를 여실
Seoul shares close 0.22 pct lower on earnings woes

Jul 19, 2013

South Korean stocks closed 0.22 percent lower Friday as investors sat on the sidelines due to jitters over the listed firms' second quarter earnings, analysts said. The local currency gained against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.07 points to close at 1,871.41. Trading volume was moderate at 315 million shares worth 3.54 trillion won (US$3.16 billion), with gainers outpacing losers 418 to 378."Seoul shares traded flat despite that the U.S. stock ma
Gov't to require seat belt for all passengers from 2015

Social affairsJul 19, 2013

All passengers will be required to wear seat belts at all times starting in 2015, the government said Friday, as part of measures aimed at improving the country's road safety.Currently, only drivers and front seat passengers are required to wear seat belts with back seat passengers only required to fasten safety belts when on expressways.Starting from 2015, all passengers will be required to wear their seat belts on any type of road, the Ministry of Land, Infrastructure and Transport said in a p
Opposition lawmaker faces discipline over sexual remarks

PoliticsJul 19, 2013

The ruling Saenuri Party on Friday submitted a proposal calling for disciplinary action against an opposition lawmaker accused of making inappropriate sexual remarks.Rep. Lim Nae-hyun of the main opposition Democratic Party has come under fire for making a crude joke with sexual nuance during a meeting with a group of male and female reporters earlier this week."Rep. Lim has seriously damaged not only his dignity as a lawmaker but also the honor and authority of the National Assembly," said the
Seoul shares open lower on uncertainties

Jul 17, 2013

South Korean stocks opened lower Wednesday as investors continued to take a wait-and-see approach on the United States' stimulus moves down the road, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) fell 2.83 points, or 0.15 percent, to 1,863.53 in the first 15 minutes of trading.Tech shares traded lower, with handset maker LG Electronics falling 0.7 percent and top flat panel maker LG Display losing 0.18 percent. Samsung SDI, the world's top maker of plasma display panels,
Two opposition lawmakers quit probe into spy agency scandal

PoliticsJul 17, 2013

Two opposition lawmakers quit a parliamentary investigative committee Wednesday in a move aimed at breaking an impasse in a probe into allegations that the state spy agency meddled in last year's presidential election.The investigation, which began early this month for a 45-day run, has been in limbo while the rival parties have wrangled over who should represent each side on the committee.The probe aims to uncover the truth behind allegations that former National Intelligence Service (NIS) chie
Seoul says N. Korea 'likely' behind June 25 cyber attack

North KoreaJul 16, 2013

The government on Tuesday named North Korea as a suspect in the latest cyber attack against the presidential office website and dozens of other government offices and news outlets here.The latest attack took place from June 25, the anniversary of the outbreak of the 1950-53 Korean War, to July 1, in which the websites of 69 government and private organizations, including the prime minister's office, were attacked.About 90 percent of the attacked websites and servers have been repaired, according
Prosecution raids ex-president's house over unpaid fines

Social affairsJul 16, 2013

State prosecutors on Tuesday raided the residence of former President Chun Doo-hwan as part of their move to collect a massive amount of unpaid fines levied on him for amassing large sums of secret funds during his presidency in the 1980s.Chun was ordered by a court in 1997 to return to the state coffers the 220 billion won (US$195 million) he was found to have illegally accumulated during his term. But he refused to make the payment, saying he was almost penniless.He has so far paid only a quar