Korea's financial watchdog said it has decided to penalize SC First Bank for its violations of local banking laws such as the illegal handling of metal loan services to corporate customers. The Financial Supervisory Service (FSS) said it will impose fines worth 4.5 million won ($4,225) and punish 41 officials of the Korean unit of Standard Chartered Plc after the bank violated regulations on metal

July 6, 2011

ORLANDO, Florida (AP) -- Casey Anthony's eyes welled with tears and her lips trembled as the verdict was read once, twice and then a third time: ``Not guilty'' of killing her 2-year-old daughter, Caylee.Outside the courthouse Tuesday, many in the crowd of 500 reacted with anger, chanting, ``Justice for Caylee!'' One man yelled, ``Baby killer!''In one of America's most divisive verdicts since forme

World News July 6, 2011

The Marine Corps on Wednesday arrested a private for allegedly aiding the recent shooting spree on a seaside unit, a military official said.According to the official, the private, whose name was withheld, is accused of failing to stop the shooter, a corporal named Kim, when Kim was taking out ammunition from a locker to load a rifle.Kim opened fire inside the barracks on the Ganghwa Island unit we

North Korea July 6, 2011

Korean scientists have created a genetically modified pig that has a better chance of success in animal-to-human organ transplants, a state institute said Wednesday.The new pig, named Somang-i, is designed to produce an antigen (the human lymphocyte differentiation antigen, cluster of differentiation 73 or CD 73) that will help prevent hyperacute rejection of animal organs by human bodies, accordi

Technology July 6, 2011

Hyundai Heavy Industries Co., the world's leading shipbuilder, said Wednesday it will not bid for a stake in Hynix Semiconductor Inc., raising speculation that creditors may fail again to sell the world's second-largest computer memory chipmaker.Hyundai Heavy had been regarded as the sole potential investor for the 15 percent stake up for sale.Shares of Hyundai Heavy were trading at 478,500 won on

Industry July 6, 2011

WASHINGTON (Yonhap News) -- North Korea or unidentified forces aligned with the communist nation may be preparing for full-fledged cyber-terrorism against South Korea or the United States, based on its "test" attacks in 2009 and earlier this year, a U.S. Internet security firm said Tuesday.In a special report, McAfee Inc. said North Korea or its "sympathizers" seem to have been responsible for the

North Korea July 6, 2011

WASHINGTON (AP) -- Scientists have come up with a possible explanation for why the rise in Earth‘s temperature paused for a bit during the 2000s, one of the hottest decades on record.The answer seems counterintuitive. It’s all that sulfur pollution in the air from China‘s massive coal-burning, according to a new study.Sulfur particles in the air deflect the sun’s rays and can temporarily cool thin

Technology July 5, 2011

STOCKHOLM (AFP) - Overweight or obese men, like their female counterparts, have a lower chance of becoming a parent, according to a comparison of sperm quality presented at a European fertility meeting Monday.In what they described as the largest study of its kind, doctors looked at sperm samples from 1,940 men and matched them to the donor‘s weight.The benchmark was the body mass index (BMI), a m

Technology July 5, 2011

The congregation of the Taman Yasmin Indonesian Christian Church (GKI) in Indonesia again faces the threat of eviction from local hardliners who are now targeting the makeshift location where the church conducts its weekly service.A group of residents who live along Jl. K.H. Abdullah bin Nuh in Bogor, West Java, attempted to evict the GKI Yasmin congregation from the area on Sunday morning, but we

World News July 4, 2011