The Korea Herald

Finance minister, BOK chief vow to tackle market uncertainties

The country's chief economic policymaker and the head of the central bank Friday agreed to take measures to tackle market uncertainties, if necessary, which stem from the impeachment of President Park Geun-hye and the much-expected rate hikes in the US.Finance Minister Yoo Il-ho and Bank of Korea Gov. Lee Ju-yeol also shared the view that a policy mix is increasingly important to help Asia's fourth-largest economy grow. Bank of Korea Governor Lee Ju-yeol (left) and Finance Minister Yoo Il-ho. (Y

Dec. 17, 2016

Finance minister, BOK chief vow to tackle market uncertainties

Hundreds more flights canceled on day 3 of Lufthansa strike

BERLIN -- Germany's largest airline, Lufthansa, canceled 830 short- and medium-haul flights on Friday affecting 100,000 passengers after a pilots' strike entered its third day in a long-running dispute over wages. The carrier also announced the cancellation of another 137 long-haul flights scheduled for Saturday, affecting 30,000 more passengers. Since the strikes started on Wednesday the airline has had to cancel 2,863 flights, affecting 345,000 passengers. It said most of its flights will be o

World News Nov. 25, 2016

Hundreds more flights canceled on day 3 of Lufthansa strike

Gov't reveals guidelines for controversial state-authored history textbooks

The South Korean Ministry of Education has officially revealed its guidelines for controversial state-authored history textbooks on Friday, which touch on some of the most sensitive disputes in the country's modern history. The guideline compilation has drawn attention from the public, as it serves as a preview of the preliminary version of the government-written history textbook set to be revealed on Monday. The Education ministry said the ruling principle of the textbooks must "reflect the lat

Social Affairs Nov. 25, 2016

Iran official: death toll in train collision increases to 31

TEHRAN, Iran -- An Iranian official has told state TV that the death toll from a train collision in the country's north has increased to 31. The provincial governor, Mohammad Reza Khabbaz, says that so far 31 bodies have been found at the site of the crash on Friday morning. Earlier, eight people were reported to have been killed. A handout picture released on November 25, 2016 by the Tasnim news agency shows damaged trains following an accident in the Semnan province, some 250 kms east of the I

World News Nov. 25, 2016

Iran official: death toll in train collision increases to 31

Death toll in Iraq bombing claimed by IS rises to 73

BAGHDAD -- The death toll from a car bombing south of Baghdad claimed by the Islamic State group rose to 73 on Friday, including about 40 Iranian pilgrims, Iraqi hospital and police officials said, the deadliest IS attack in four months. Civilians search for survivors in the rubble at the scene of a car bomb attack near the city of Hilla about 95 kilometers (60 miles) south of Baghdad, Iraq, Thursday. (AP-Yonhap) The officials said 65 other people were wounded in the attack, which took place on

World News Nov. 25, 2016

Death toll in Iraq bombing claimed by IS rises to 73

At least 110 feared dead in migrant shipwreck off Libya: UNHCR

ROME (AFP) -- At least 110 people are feared drowned off Libya after a migrant shipwreck, the UN's refugee agency said Thursday, quoting survivor testimony."A vessel will around 140 people on board overturned Wednesday just a few hours after setting off from Libya, throwing everyone into the water. Only 29 people survived," UNHCR spokesperson Carlotta Sami told AFP.

World News Nov. 3, 2016

21 dead, dozens injured as Pakistan trains collide

KARACHI (AFP) -- At least 21 people have been killed and dozens more injured after two trains carrying hundreds of passengers collided in Pakistan's southern port city of Karachi during morning rush hour Thursday, officials said.Witnesses described watching in horror as one train sped into the city's Quaidabad Railway Station and rammed into the second, which was stationary, with the roar of the crash swiftly followed by the screams of people trapped inside. Pakistani volunteer rescuers work at

World News Nov. 3, 2016

21 dead, dozens injured as Pakistan trains collide

High Court rules UK parliament must vote on Brexit

LONDON (AFP) -- The High Court in London ruled Thursday that the British government alone cannot start the process of leaving the European Union but requires the approval of parliament, in a landmark judgment that could delay Brexit.Three senior judges said Prime Minister Theresa May's government does not have the power itself to trigger Article 50 of the EU's Lisbon treaty, the formal notification of Britain's intention to leave the bloc."We hold that the Secretary of State does not have power

World News Nov. 3, 2016

NK names new envoy to Britain following senior diplomat's defection

North Korea has named Choe Il as its new ambassador to Britain, Pyongyang's state media said Thursday, following the latest defection to South Korea by a top diplomat stationed in London.Choe has been appointed Pyongyang's envoy to Britain, the Korean Central News Agency said in a short dispatch, replacing his predecessor Hyon Hak-bong.Choe's background remains largely murky, but a handful of reports and documents that contain his name indicate that his work was associated with the U.S. and the

North Korea Nov. 3, 2016

삼성 IoT용 타이젠으로 구글 반격 나서나

삼성전자가 이르면 올해 말 사물인터넷용 타이젠을 선보인다. 모바일 OS에서 구글에게 주도권을 뺏긴 삼성이 가전제품을 중심으로 한 사물인터넷에서 새 영토를 개척할 수 있을지 주목된다. 타이젠은 2012년부터 삼성전자와 인텔이 주축이 돼 개발하기 시작한 차세대 OS다. 하지만 스마트폰 OS에서는 세계 시장 점유율이 0.2%도 되지 않는다. 인도나 신흥시장에서 팔리는 저가폰에만 일부 사용되고 있다. 스마트폰에서 승산이 없다고 생각한 삼성은 최근 타이젠 개발을 가전용 OS로 방향을 틀었다. 3일 업계관계자는 “삼성이 현재 사물 인터넷 용으로 타이젠을 현재 개발 중이며 이르면 올해 말 혹은 내년 초에 선보일 예정”이라고 말했다. 사물인터넷용 타이젠 개발이 완료되면 해당 OS는 삼성의 모든 가전제품에 적용될 예정이다. 현재는 스마트폰용으로 만들어진 고성능 타이젠을 수정하여 대형가전제품에만 적용하고 있다. 하지만 새로운 타이젠이 개발되면 식기 세척기

한국어판 Nov. 3, 2016

Hyundai recalls Genesis Coupes to fix air bag wiring problem

DETROIT -- Hyundai is recalling more than 84,000 cars in the US because a wiring problem can cause the front passenger air bag to malfunction.The recall covers Genesis Coupes from the 2010 to 2016 model years.The company says in government documents that an electrical connector for the passenger seat air bag sensor can become disconnected. That can cause the air bag to inflate when a child is in the seat or deploy with too little force to protect an adult. In both cases, passengers could be hurt

Mobility Oct. 18, 2016

Inside Mosul, tense wait under the clouds of war

BAGHDAD -- As Iraqi forces close in on Mosul, trapped civilians report thick smoke enveloping the city's empty streets as their jihadist rulers attempt to shield themselves from intensifying US-led coalition air strikes.After more than two years of Islamic State group rule, there is hope but also fear of what lies ahead.Mosul, a large city split by the Tigris river, is where IS declared its "caliphate" two years ago but is now the jihadists' last major stronghold in Iraq. Smoke billows as Iraqi

World News Oct. 18, 2016

Inside Mosul, tense wait under the clouds of war

NK diplomat may travel to Malaysia for informal talks with US: report

A ranking North Korean official arrived in Beijing on Tuesday before possibly traveling to Malaysia for informal talks with former US officials or experts, a Japanese news report said.North Korea's deputy foreign minister Han Song-ryol was seen at Beijing's international airport, according to Kyodo News."He could be set to meet former US officials or experts on North Korean issues, and the discussions will most likely be held completely behind-the-scenes under the informal, unofficial track II f

North Korea Oct. 18, 2016

UN says will not enter Aleppo until safety assurances

GENEVA -- The UN hailed an announcement Tuesday that Russian and Syrian air forces have stopped bombing Aleppo, but said it was waiting for safety assurances from all sides before going in with aid."We remain of course pleased if there is a reduction in fighting...because it will protect civilians," Jens Laerke, spokesman for the UN humanitarian agency, told reporters.But he stressed that "when the weapons fall silent, we need all weapons to fall silent," before "critical humanitarian assistance

World News Oct. 18, 2016

NPS should spin off fund management unit: chief

[THE INVESTOR] Korea’s National Pension Service, which manages the world’s third-largest pension fund by assets, should spin off its fund management unit into a separate public company, its chief executive said Monday.“In my personal opinion, it is necessary that the unit should be separated,” Moon Hyung-pyo, CEO and Chairman of the NPS, said at a parliamentary audit.The Ministry of Health and Welfare floated the initial spin-off idea in July last year to boost profits of the 541 trillion won fu

Oct. 10, 2016

NPS should spin off fund management unit: chief

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