PARIS, Oct. 15 (Yonhap) -- Finance ministers from the world's leading industrialized and emerging economies plan to outline ways to tackle the current global financial crisis that is vital for economic growth, government sources said Saturday.Official sources said the communique to be released at th

Oct. 15, 2011

CHICAGO --  President Lee Myung-bak and U.S. President Barack Obama on Friday trumpeted the Korea-U.S. free trade agreement, which the U.S. Congress ratified over four years after it was signed, during their visit to a General Motors plant in Detroit. "Our trade is basically balanced between th

Politics Oct. 15, 2011

CHICAGO (AP) _ After a White House state dinner and a visit to a Michigan auto plant, South Korea's President Lee Myung-bak's arrived in Chicago on Friday to further economic ties with a state anxious to tap emerging markets in his homeland.Lee's first stop was a dinner hosted by Chicago Mayor Rahm

Politics Oct. 15, 2011

YEONGAM, South Korea (AP) _ McLaren driver Jenson Button set the fastest time in Saturday's pre-qualifying practice session for the Korean Grand Prix, indicating Red Bull's remarkable sequence of pole positions this season could come to an end.Button's lap of 1 minute, 36.910 seconds was 0.289 secon

More Sports Oct. 15, 2011

CHICAGO/DETROIT, Oct. 14 (Yonhap) -- South Korean President Lee Myung-bak visited an auto plant in Detroit, along with U.S.President Barack Obama on Friday, promising American auto workers that a free trade agreement between the two countries will help protect their jobs and create more work for Ame

Politics Oct. 15, 2011

SEOUL, Oct. 15 (Yonhap) -- A group of South Korean activists are set to occupy the streets of Seoul on Saturday to protest the greed of conglomerates and the widening income gap, joining the "Occupy Wall Street" movement that originated in the United States.The association of 30 local civic groups s

Social Affairs Oct. 15, 2011

SEOUL, Oct. 15 (Yonhap) -- Samsung Electronics Co.'s patent offensive against its rival Apple Inc. hit a snag after a Dutch court on Friday (Korea time) rejected the Korean firm's injunction to ban sales of the U.S. company's iPhones and iPads.The ruling by the district court in the Hague may pose p

Industry Oct. 15, 2011

BRUSSELS, Oct. 14 (Yonhap) -- A Dutch court on Thursday denied an injunction request filed by Samsung Electronics Co. to ban its rival Apple Inc. from selling iPhones and iPad tablets in the Netherlands.The district court in the Hague rejected Samsung's claims that Apple infringed on its 3G mobile t

Industry Oct. 15, 2011

WASHINGTON (AP) — Researchers in South Africa have discovered what may have been the world's earliest artist's studio. A 100,000-year-old workshop used to mix and store the reddish pigment ochre has been discovered in Blombos Cave on the rugged southern coast near Cape Town. At the same site,

Culture Oct. 14, 2011

SEOUL, Oct. 14 (Yonhap) -- The government declared an all-out war on fake gasoline on Friday,  significantly increasing fines for people selling unauthorized products and giving investigative jurisdiction to government officials.The crackdown starts with changing the commonly used name for such

Social Affairs Oct. 14, 2011

SEOUL, Oct. 13 (Yonhap) -- South Korean tech behemoth Samsung Electronics Co. said Thursday it will take immediate legal action against an Australian court ruling that temporarily banned sales of its latest tablet computer. "Every legal action and other measures will be taken to ensure that Samsung'

Industry Oct. 13, 2011