LONDON -- A South Korean sailing team coach has been sent home after being fined by local police for driving under the influence of alcohol, officials here said Wednesday.South Korean officials said the coach, surnamed Lee, was stopped by police in Weymouth, south of London, at round 5 a.m. Wednesday. Weymouth will host sailing competitions during the July 27-Aug. 12 Olympics, and South Korean sai

Olympic Games July 26, 2012

South Korean stocks hit a yearly low on Wednesday as worries over debt-mired Spain and Greece further weighed on investor sentiment already dampened by a worsening global economy, analysts said. The local currency lost ground against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) retreated 24.62 points to 1,769.31, the lowest close for the year.Trading volume was moderate

July 25, 2012

South Korea’s central bank said Wednesday that the recovery pace of the local economy is weakening as exports are losing steam, hit by the eurozone debt crisis and China’s slowing growth.The Bank of Korea (BOK) delivered a surprise rate cut to 3 percent on July 12, underscoring its urgency to shield the local economy from bitter impacts of the eurozone debt problems. Market players bet on an addit

July 25, 2012

For dozens of South Korean athletes and coaches training and staying at Brunel University here, their base camp for the upcoming London Olympics has been a home away from home.To a man, they praised training environments on campus, located in the charming little town of Uxbridge in the northwestern part of London. The Korean Olympic Committee (KOC), for the first time for an Olympics on foreign so

Olympic Games July 25, 2012

South Korean officials unveiled their main training base for Olympians to the media on Tuesday as athletes geared up for the upcoming Summer Games kicking off this weekend.The Korean Olympic Committee (KOC) set up the camp for more than 270 athletes in 10 sports at Brunel University, nestled in the quiet neighborhood of Uxbridge in the northwestern part of London.Athletes and coaches in sports inc

Olympic Games July 25, 2012

South Korea's quest for its first Olympic football medal took another hit here on Tuesday as midfielder Han Kook-young went down with an injury just days before the competition's start.Hong Myung-bo, head coach of the men's football squad, said Han suffered a hairline fracture on his left foot. He'd been complaining of pain since early Monday, Hong added.Han has been replaced by Jung Woo-young, wh

Olympic Games July 25, 2012

South Korea will kick off its London Olympics football tournament on Thursday against Mexico in Newcastle.St. James' Park will be the venue for the Group B opener at 2:30 p.m. local time, as South Korea seeks to win its first Olympic medal in football. Other nations in the group are Switzerland and Gabon.It will be South Korea's first action at this year's Olympics, coming a day before the opening

Olympic Games July 25, 2012

Next to the image of archer Ren Hayakawa under the 'athletes' section on the official Web site of the London Olympics is the Japanese flag. But the birthplace of the 24-year-old is listed as Anyang in South Korea.Hayakawa, born Um Hye-ryeon in the Gyeonggi Province town south of Seoul, became a Japanese citizen in 2007. There have been athletes from around the world who acquire foreign passports t

Olympic Games July 25, 2012

South Korean stocks began sharply lower Wednesday, as signs of a worsening debt crisis in Spain and Greece unnerved investor sentiment, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) fell 28.60 points, or 1.59 percent to 1,765.33 in the first 15 minutes of trading.Shares lost ground across the board, with market bellwether Samsung Electronics slumping more than 2 percent and

July 25, 2012

South Korean stocks turned lower Monday after a strong start, dampened by concerns over the depeening crisis in the eurozone region, analyst said.The benchmark Korea Composite Stock Price Index (KOSPI) lost 5.94 points, or 0.33 percent to trade at 1,783.50 in the first 15 minutes of trading.Shares traded mixed, with tech giant Samsung Electronics staying flat and chipmaker SK hynix jumping 2.5 per

July 24, 2012

South Korean stocks closed 1.84 percent lower Monday as Spain's call for a rescue fund spurred a new wave of fears that the eurozone debt crisis is deepening, analysts said. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) plunged 33.48 points to finish at 1,789.45. Trading volume was moderate at 491.3 million shares worth 3.55 trillion won ($

July 23, 2012

South Korean stocks started sharply lower on Monday as renewed concern over debt-ridden Spain raised the specter that the eurozone fiscal crisis is worsening, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) lost 27.80 points, or 1.53 percent to 1,795.13 in the first 15 minutes of trading.Shares moved downward across the board, with top-cap Samsung Electronics and Hyundai Moto

July 23, 2012

Many mothers can‘t tell whether their toddlers are big kids or too-big kids, U.S. researchers discovered.Dr. Erin Hager of the University of Maryland School of Medicine and colleagues had low-income moms of overweight toddlers choose silhouettes that the moms thought represented the size of their child.“Ninety-four percent of the mothers of overweight toddlers chose a silhouette that was two or mo

Technology July 20, 2012

South Korean stocks opened higher on Friday as overnight rallies on Wall Street cheered investors, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) edged up 1.03 points, or 0.06 percent, to 1,823.99 in the first 15 minutes of trading.U.S. stocks closed higher on Thursday as earnings from technology companies outweighed concerns over weak employment data.Tech issues led the gai

July 20, 2012

WASHINGTON -- U.S. Secretary of State Hillary Clinton and Jim Yong Kim, the new head of the World Bank, laid out their joint vision Thursday for promoting gender equality across the world.Taking the stage together at a forum in Washington, they agreed that collecting more gender-sensitive data is a basic step toward addressing related problems through policy decisions."Getting the gender-sensitive

World News July 20, 2012