KIEV (AFP) -- Ukraine on Sunday shut down one of the six reactors in its most powerful nuclear power plant for the second time in a month due to an apparent electrical malfunction.The Zaporizhia Nuclear Power Plant said on its website that radiation levels in the area remained normal and that the station's other five reactors continued to operate without any problems.It said the plant's sixth reactor was "disconnected from the grid by the generator's internal defence mechanism" early Sunday.A sh

World News Dec. 28, 2014

KABUL, Afghanistan (AP) -- The United States and NATO formally ended their war in Afghanistan on Sunday with a ceremony at their military headquarters in Kabul as the insurgency they fought for 13 years remains as ferocious and deadly as at any time since the 2001 invasion that unseated the Taliban regime following the Sept. 11 attacks.The symbolic ceremony marked the end of the U.S.-led International Security Assistance Force, which will transition to a supporting role with 13,500 soldiers, mos

World News Dec. 28, 2014

Saudi Arabia is seeking to open its $509 billion stock exchange to foreign investors in April, according to three people briefed on the country’s plans. The Capital Market Authority informed brokers and fund managers of the timeline in London last month, two of the people said, asking not to be identified as the meeting was private. Saudi Arabia isn’t planning significant changes to draft rules published in August, the people said. The country announced in July that it would open the market in t

World News Dec. 28, 2014

Malaysia evacuated more than 200,000 people and increased relief efforts as the worst floods in decades left at least 10 people dead. Parts of Thailand and Sri Lanka have also been inundated. The affected states are Kelantan, Kedah, Terengganu, Pahang, Perak, Johor, Perlis, Negeri Sembilan and Selangor, according to state news agency Bernama. The dead include an 18-month old toddler, The Star newspaper reported today. Malaysia is grappling with floods caused by annual monsoon rains that may disr

World News Dec. 28, 2014

ATHENS (AFP) -- Desperate passengers used mobile phones to plead for rescue from a burning ferry off the Greek island of Corfu on Sunday as rescuers battled gale-force winds to get to them.But with gusts of up to 100 kilometres (60 miles) per hour making rescue difficult and dangerous, the crew has so far only managed to get 150 of the 478 people off the stricken "Norman Atlantic", Greek officials said.Seas were so violent that only 35 of those have so far been lifted from their lifeboat to a ta

World News Dec. 28, 2014

Some major North Korean websites remained blocked Wednesday for the second straight day amid growing speculation over cyber warfare between Washington and Pyongyang.After going down on Tuesday evening, the website of the North's main propaganda organ, Uriminzokkiri, had remained inaccessible before going back online Wednesday afternoon, although no updated contents were posted.Access to other well-known North Korean propaganda websites, including Ryugyong and Ryomyong, remained blocked as of Wed

North Korea Dec. 24, 2014

A Seoul court on Wednesday sentenced a former manager of Kookmin Bank's unit in Tokyo to six years behind bars for extending illegal loans worth nearly 350 billion won ($317 million) to South Korean companies operating in Japan.The Seoul Central District Court also imposed a 90 million won fine and an additional 90 million penalty on the 56-year-old former manager of South Korea's leading bank's Tokyo branch, only identified by his surname Lee, for playing a leading role in granting unauthorized

Social Affairs Dec. 24, 2014

Japan’s parliament confirmed Shinzo Abe as prime minister today, giving him the opportunity to become the longest-serving premier in four decades.After last week’s sweeping election win, Abe is in a position to push ahead in 2015 with reflationary policies to reboot an economy that has slipped into recession. He will also seek to pass a raft of bills to toughen the country’s defense stance, while trying to build on signs of a tentative rapprochement with neighbors China and South Korea in a year

World News Dec. 24, 2014

Of the 30 Major League Baseball clubs, the Pittsburgh Pirates seemed one of the least likely teams to put in a bid when the South Korean shortstop Kang Jung-ho was posted earlier this month.For one, their infield appeared set for next season with players still in or entering their primes in their late 20s. And the Pirates had one of the smallest payrolls in MLB in 2014, ranking 27th with $78.1 million. Bidding millions of dollars just to have the rights to talk to an international player with no

Baseball Dec. 24, 2014

South Korea's financial regulator approved a deal on Wednesday for KB Financial Group Co. to take over a local non-life insurer, paving the way for the country's second-largest banking group to beef up its non-banking business.The Financial Services Commission gave the final nod for KB Financial to acquire LIG Insurance Co., the country's 4th-largest non-life insurance company as the internal feud-tarnished banking group is struggling to reshape its business portfolio.Shares of KB Financial clos

Dec. 24, 2014

The chief of South Korea's Hyundai Group and officials of a center to commemorate former President Kim Dae-jung visited North Korea on Wednesday to meet with the North's point man on the South, officials said.The two groups -- one comprised of six officials of the Kim Dae Jung Peace Center, including former culture minister Kim Sung-jae, and the other a seven-member delegation from Hyundai Group led by chief Hyun Jeong-eun -- made separate one-day trips to the joint industrial complex in the Nor

North Korea Dec. 24, 2014

A suspect in the hacking attacks on South Korean nuclear reactors to illegally obtain information used multiple IP addresses based in China, according to investigators here Wednesday. The suspected hacker accessed the information from a Chinese city, a joint investigation of government and prosecution officials said, without disclosing the name of the city. The suspect, the self-proclaimed president of an anti-nuclear activist group, has published a wide range of information since last week, inc

Industry Dec. 24, 2014