Articles by 윤민식
윤민식
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Panetta says no signs of N. Korea's imminent nuke test yet
U.S. Secretary of Defense Leon Panetta said Thursday that North Korea is apparently planning for another nuclear test but there is no indication of any imminent action."We always get intelligence that they continue to make plans for this, but I have not seen, at least intelligence that I've noted, that indicates that it's imminent," the secretary told reporters.After talks with Panetta in Washington on Wednesday, South Korean Defense Minister Kim Kwan-jin said the secretive and unpredictable com
North Korea Oct. 26, 2012
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Lee's son returns home after being quizzed over retirement home scandal
President Lee Myung-bak's only son was allowed to return home Friday after around 14 hours of questioning by special prosecutors over alleged wrongdoing in a land deal for his father's retirement home project."I explained as much as I can," weary-looking Lee Si-hyung told reporters, emerging from the Seoul office of the independent counsel probing into suspicions that the 34-year-old attempted to misuse taxpayers' money through the now-scrapped land deal.He came out of the building at half past
Politics Oct. 26, 2012
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S&P slashes 3 French banks including BNP Paribas
Ratings agency Standard and Poor's downgraded three French banks on Thursday, including giant BNP Paribas, and placed 10 others on negative outlook including Credit Agricole and Societe Generale."In our view, the economic risks under which French banks operate are increasing, leaving French banks moderately more exposed to the potential of a more protracted recession in the eurozone," S&P said in a statement explaining its action.In its decision, S&P lowered its long-term rating on BNP Paribas t
World Business Oct. 26, 2012
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Samsung Electronics breaks 8 trillion won mark in Q3
Samsung Electronics said Friday that it logged a record-breaking operating profit of 8.12 trillion won for the third quarter, boosted by its strong sales of mobile devices and display panels.The world’s top smartphone maker also achieved 52.18 trillion won in revenue, an increase of 26 percent year-on-year. Net profit also posted at 6.56 trillion won from July-September.The figures were similar to those released in its earnings guidance earlier this month which said the company’s consolidated re
Oct. 26, 2012
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Korean Economy grows at slowest pace in almost 3 years
The South Korean economy grew at the slowest pace in nearly three years in the third quarter in the face of the global economic downturn, the central bank said Friday, giving weight to the bank‘s recent rate cut.Korea’s gross domestic product, the broadest measure of economic performance, grew 0.2 percent in the July-September period from three months earlier, slowing from a 0.3 percent on-quarter gain tallied in the second quarter, according to an advance estimate by the Bank of Korea.The third
Oct. 26, 2012
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5 left-leaning party officials arrested over voting fraud
Five officials of a minor progressive party have been arrested on court-issued warrants in connection with fraud by the party ahead of the most recent parliamentary elections in April, prosecutors said Thursday.The five officials of the United Progressive Party (UPP) are suspected of taking a leading role in manipulating the party's internal race to nominate candidates for proportional representation seats, including enabling multiple voting by some members friendly to the then party leadership,
Politics Oct. 25, 2012
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Top 10 conglomerates' unlisted firms pay hefty dividends
South Korea's top 10 conglomerates' unlisted companies pay about half of their net profit as dividends to their shareholders, mostly owners' family members, an analysis showed Thursday.The dividend payout ratio of 499 unlisted companies affiliated with the conglomerates, known as chaebol here, stood at 41.2 percent over the past two years, according to the analysis by Yonhap News Agency and conglomerate tracker Chaebul.com. The ratio refers to the percentage of income a company spends on its div
Industry Oct. 25, 2012
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Maya demand an end to doomsday myth
Guatemala's Mayan people accused the government and tour groups on Wednesday of perpetuating the myth that their calendar foresees the imminent end of the world for monetary gain."We are speaking out against deceit, lies and twisting of the truth, and turning us into folklore-for-profit. They are not telling the truth about time cycles," charged Felipe Gomez, leader of the Maya alliance Oxlaljuj Ajpop.Several films and documentaries have promoted the idea that the ancient Mayan calendar predicts
Culture Oct. 25, 2012
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No 'troika' debt deal on Greece yet, progress made: EU
The European Commission said Wednesday that there is no accord yet between Greece's international creditors and Athens on extending the terms of its debt rescue, but that substantial progress has been made."Substantial progress has been made in talks with Greece but a few outstanding issues remain before a staff level agreement can be reached," a spokesman for European economic affairs commissioner Olli Rehn said in a tweeted message after reports from Athens that a deal had been reached.Greek F
World Business Oct. 25, 2012
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1930s Japanese map showing Dokdo as Korean islets restored
Korea’s state-run archive has restored a map made by the Japanese government in the 1930s with Dokdo marked as Korean territory, which it said would help counter the former occupier’s decades-long claim over the islets in the East Sea. The state-run National Archives of Korea said Wednesday it has completed the five-month reconstruction of the 1936 map by using preservation films and ultrasonic waves. The Independence Hall of Korea, which commissioned the work, plans to exhibit it at its history
Foreign Affairs Oct. 24, 2012
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Mars canyon star of dramatic cosmic image
A European spacecraft orbiting Mars has captured new images of one of the solar system's most dramatic geological features, scientists say.Valles Marineris on Mars is a chasm 125 miles wide, more than 6 miles deep and stretching for almost 2,500 miles, making it the largest canyon in the solar system.It is 10 times longer and five times deeper than Earth's Grand Canyon, a release from the Paris headquarters of the European Space Agency said Monday.The latest image of Valles Marineris, in near-t
Technology Oct. 24, 2012
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Stop press! Superman quits Daily Planet
Journalism is no longer a job for Superman.His alter ego Clark Kent is quitting the Daily Planet, the Metropolis newspaper where he's worked since the first Superman comics were published in the 1940s, the USA Today newspaper said Monday.The plot twist -- prompted by the Daily Planet's takeover by a media conglomerate -- is one of many to appear in the new edition of Superman that goes on sale Wednesday in both digital and hard-copy forms.‘Superman is arguably the most powerful person on the pla
Performance Oct. 24, 2012
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U.S. federal court approves extradition of suspect in murder of S. Korean student
A U.S. federal court has approved the extradition of an American suspect in the 1997 murder of a South Korean college student in Seoul, court and Justice Ministry officials here said Tuesday.Arthur Patterson, 33, is accused of stabbing the victim to death inside a bathroom at a Burger King outlet in the foreigners' hub of Itaewon in April 1997.He has been held in custody in Los Angeles since May 2011 after South Korea's Justice Ministry requested his extradition in connection with the case.On Mo
Social Affairs Oct. 24, 2012
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Facts and figures on the new iPad mini
These are the principal features, pricing and availability of the new iPad mini tablet computer unveiled by Apple on Tuesday:-- the iPad mini has a 7.9-inch (20.06-centimeter) touchscreen when measured diagonally, smaller than the 9.7-inch (24.6-cm) display on the original iPad-- the iPad mini weighs 0.68 pounds, 53 percent lighter than Apple's third generation iPad-- it is 7.2 millimeters (0.28 inches) thick, 23 percent thinner than the original iPad and thinner than a pencil-- the iPad mini ha
Technology Oct. 24, 2012
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Apple reveals iPad Mini starting at $329
Apple Inc.'s pencil-thin, smaller iPad will cost much more than its competitors, signaling the company isn't going to get into a mini-tablet price war.The company debuted the iPad Mini Tuesday, with a screen two-thirds smaller than the full model, and half the weight. Customers can begin ordering the new model on Friday. In a surprise, Apple also revamped its flagship, full-sized iPad just six months after the launch of the latest model.Apple's late founder Steve Jobs once ridiculed a small tabl
Technology Oct. 24, 2012
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