Chip maker will hold board meeting Tuesday to give title of co-CEO or board chairman to CheyHynix Semiconductor on Monday held a stakeholders’ meeting at its headquarters in Icheon, Gyeonggi Province, and named SK Group chairman Chey Tae-won an inside director of the company.Hynix also named Ha Sung-min, president of SK Telecom, and its vice president Park Sung-wook as the other two inside directors.“We got the green light from the majority ― 41.92 percent approval and 15.89 percent disapproval,

South Korea’s top central banker called Monday for closer collaboration among Asian countries to help cushion the region from the fallout of the spreading global crisis.The call by Bank of Korea Gov. Kim Choong-soo comes as the crisis in Europe is taking its toll on export-dependent Asian countries and hurting their trading partners. Debt woes in the euro area has also increased capital inflows to emerging markets, strengthening local currencies and generating concerns about financial stability.

ATHENS (AP) ― Greek lawmakers on Monday approved harsh new austerity measures demanded by bailout creditors to save the debt-crippled nation from bankruptcy, after riots in Athens and other cities left stores looted and burned and more than 120 people hurt.  The historic vote paves the way for Greece’s European partners and the International Monetary Fund to release $170 billion in new rescue loans, without which Greece would default on its mountain of debt next month and likely leave the eurozo

Whitney Houston’s death casts shadow on awards show as performers pay tributeLOS ANGELES (AP) ― Adele, who captured the world’s heart with an album about a broken romance, emerged as the top winner at Sunday’s Grammy Awards, winning six trophies including the prestigious trifecta of record, song and album of the year.The singer, who also made a triumphant comeback from vocal cord surgery on the Grammy stage, sobbed as she won the night’s final award, album of the year, for “21.’’ It was last yea

NEW YORK (AP) ― She may be chic and petite, but don’t mess with Victoria Beckham. She offered a no-nonsense, tough-girl fall collection at New York Fashion Week on Sunday that she hoped would forge an “emotional attachment between the garment and the wearer.”She explained in the notes for attendants of her small runway show at the New York Public Library that she used this season to explore her interest in details and technique. The crowd did include husband David, in his Sunday-best suit.“The i

LOS ANGELES (AFP) ― Never content to be just another Hollywood hunk, Brad Pitt these days is not just one of America’s most bankable film stars but also a sought-after and influential movie producer.Pitt and his life partner Angelina Jolie are Hollywood’s gilded first couple, a fixture on the Big Screen and on the awards’ show red carpet circuit.The actor, 48, starred in the critically acclaimed “Moneyball” which has earned him a best actor Oscar nomination at this year’s awards, as well as in t

The European Union Chamber of Commerce in Korea held a special event last week by inviting Korean shamans to wish for good luck for its member companies this year.The event was organized with several intentions, first to strengthen the EUCCK’s relationship with Korean society by showing their respect for a piece of the country’s history and culture. “Today it was a momentous moment because I had comments from people who had attended this kind of ceremony for tourists and felt how authentic it wa

BERLIN (AFP) ― Tiny cracks detected in January in the wings of some Airbus A380s will cost around 100 million euros ($132 million) to fix, the German weekly Der Spiegel reports in its edition to appear Monday.Experts and internal sources at Airbus estimate that repairs and inspections on the super jumbos, ordered by the European Aviation Safety Agency, would cost about one million euros ($1.3 million) per aircraft, for a total of 100 million euros, Der Spiegel said.An Airbus spokesman said in Ja