Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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Apple set to unveil new iPhone next week
Company sends out invitations for ‘Let’s talk iPhone’ event on Oct. 4Apple Inc. will introduce a new version of the iPhone at an Oct. 4 event, the first upgrade of its best-selling product since Steve Jobs resigned as chief executive officer. “Let’s talk iPhone,” Apple said in an invitation to the g
Sept. 28, 2011
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Germany wants ‘strong Greece’
Merkel pledges ‘all necessary assistance’ to struggling GreeceBERLIN (AP) ― Stock markets soared around the world Tuesday amid hopes that Europe is finally finding a way out of its debt crisis. Greece passed an unpopular property tax and German Chancellor Angela Merkel pledged to offer the strugglin
Sept. 28, 2011
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Google in solar power investment
NEW YORK (AP) ― Google wants to buy solar panels for your house.The search giant announced Tuesday that it will provide $75 million to build 3,000 residential solar electricity systems across the country. Google will own the panels, and get paid over time by customers who purchase the electricity th
Sept. 28, 2011
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RIM gains on Icahn stake speculation
LOS ANGELES (AP) ― Shares of BlackBerry maker Research in Motion Ltd. surged Tuesday amid speculation that billionaire investor Carl Icahn has taken a stake in the company.Rumors that the activist investor was buying into the troubled smartphone maker caused shares to spike around 10:22 a.m. Eastern
Sept. 28, 2011
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Merkel: Germany wants ‘strong Greece’ in eurozone
BERLIN (AP) -- Stock markets soared around the world Tuesday amid hopes that Europe is finally finding a way out of its debt crisis. Greece passed an unpopular property tax and German Chancellor Angela Merkel pledged to offer the struggling country “all necessary assistance.”It‘s unclear whether tha
Sept. 28, 2011
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Goldman rules the world: trader sparks outrage
LONDON (AFP) ― A financial trader in London caused a storm of outrage by suggesting that world leaders cannot do anything to prevent a global market collapse, saying that investment bank Goldman Sachs ruled the world.Alessio Rastani’s comments on BBC television on Monday have gone viral, viewed by m
Sept. 28, 2011
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Japan panel eyes 7,400 job cuts at TEPCO
TOKYO (AFP) ― A Japanese government panel overseeing the restructuring of TEPCO is to demand the company slash 7,400 jobs to help pay for the clean up at Fukushima nuclear plant, a report said Wednesday.The panel is also considering calling for the resignation of the beleaguered company’s management
Sept. 28, 2011
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Please raise my taxes, ex-Google exec tells Obama
MOUNTAIN VIEW, California (AFP) ― A rich former Google executive pleaded with Barack Obama to raise his taxes Monday, boosting the U.S. leader’s push to get well off Americans to bankroll his $447 billion jobs plan.Obama stormed through the American west on a three-day tour devoted to hammering Repu
Sept. 27, 2011
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Berkshire Hathaway to buy back shares
OMAHA, Nebada (AP) -- Warren Buffett is sending a clear signal that he believes Berkshire Hathaway’s stock is undervalued by announcing a plan to repurchase stock for the first time since taking over the firm in 1965.Berkshire said Monday that the company Buffett leads will repurchase its Class A an
Sept. 27, 2011
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Greece has never discussed wider debt ...haircut: Official
ATHENS (AFP) ― Greece “has never discussed” the option of reducing its vast debt by 50 percent, a scope far wider than a rescue plan agreed with the EU in the summer, the government’s spokesman said on Monday.“This discussion has never been held at government level,” Elias Mossialos told a media bri
Sept. 27, 2011
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Germany downplays hopes of fast new crisis course
BERLIN (AP) ― German officials on Monday downplayed prospects of any quick and dramatic change of course in the eurozone debt crisis, days before a parliamentary vote on beefing up the continent’s rescue fund.Weekend meetings of global financial leaders in Washington raised hopes of a change in stra
Sept. 27, 2011
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Berkshire Hathaway to buy back shares
OMAHA, Nebada (AP) -- Warren Buffett is sending a clear signal that he believes Berkshire Hathaway’s stock is undervalued by announcing a plan to repurchase stock for the first time since taking over the firm in 1965.Berkshire said Monday that the company Buffett leads will repurchase its Class A an
Sept. 27, 2011
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U.S. home-buying season the worst in 50 years
WASHINGTON (AP) ― The home-buying season was a bust.March through August are typically the peak buying months. But this time, Americans bought fewer new homes in that stretch than in any other six-month period since record-keeping began a half-century ago.And sales of previously occupied homes didn’
Sept. 27, 2011
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Apple trims orders for iPad parts: JPMorgan
Apple Inc. is cutting orders to vendors in the supply chain for its iPad tablet computer, a move that may result in slower sales for companies including Hon Hai Precision Industry Co., JPMorgan Chase & Co. said in a report. Several supply-chain vendors indicated in the past two weeks that Apple lowe
Sept. 27, 2011
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Hope for new approach in euro crisis buoys markets
PARIS (AP) -- Hopes that European leaders will consider new ways to fight the debt crisis, including a contained Greek default, reassured investors on Monday, though analysts said more specifics will have to emerge before a rally gains traction.Over the weekend, European officials said Germany and o
Sept. 26, 2011
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Merkel: Europe's rescue fund needs to be expanded
BERLIN (AP) -- German Chancellor Angela Merkel said Sunday that she would not rule out letting a eurozone country default on its debts once the currency union has its permanent rescue fund in place.In an hour-long interview with ARD television, Merkel underlined the importance of an expanded mechani
Sept. 26, 2011
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Chinese target Arctic with Iceland land deal: experts
REYKJAVIK (AFP) ― A Chinese businessman’s plans to buy a swathe of Iceland for a resort have sparked local skepticism, amid speculation it is a bid by Beijing to get its hands on Arctic riches.The melting Arctic ice cap means lucrative oil and gas deposits under the seabed could soon become accessib
Sept. 26, 2011
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Boeing delivers first 787 after years of delays
Boeing delivers its first 787 jet on Sunday. It's been a long time coming.The new jet, which was supposed to be flying passengers three years ago, has been delayed by production and design problems. But now it's here, and airlines expect it to offer travelers much more comfort, open up new routes an
Sept. 26, 2011
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Hope for new approach in euro crisis buoys markets
PARIS (AP) -- Hopes that European leaders will consider new ways to fight the debt crisis, including a contained Greek default, reassured investors on Monday, though analysts said more specifics will have to emerge before a rally gains traction.Over the weekend, European officials said Germany and o
Sept. 26, 2011
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Russian minister to quit over Medvedev
MOSCOW (AP) ― Russia’s finance minister has said he will step down rather than serve under Dmitry Medvedev if the president becomes prime minister next year as planned.Alexei Kudrin has been finance minister since 2000 and his conservative fiscal policies are widely credited with helping Russia weat
Sept. 26, 2011
