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Samsung slips 26 notches in global corporate reputation ranking
Typhoon Tapah approaching S. Korea with strong winds, heavy rains
S. Korea's pork exports to remain intact despite ASF: ministry
[From the scene] Koreans join global climate protest
NK website unveils revised constitution aimed at strengthening Kim's status
Book of late S. Korean poet Cho's poems published in English
Weather agency says 3.5 magnitude quake occurs in Pyonggang, North Korea
Sorenstam, Park win foursome competition at exhibition golf event
Previously unidentified underground facilities identified at Yongbyon compl...
Typhoon Tapah dumps heavy rain, causing flight cancellations

Sept 20, 2019 World News

Airbnb announces plans to go public in 2020

NEW YORK (AFP) -- Airbnb, the internet home stay company which disrupted the hotel and travel industry, said Thursday it plans to make its stock market debut next year but offered few details. Launched in 2008, the company is considered a "unicorn," a startup valued at more than $1 billion even before its initial public offering. The stock launch comes in the wake of other highly anticipated Wall Street launches for companies in the "gig" economy, which have not been resoundi

Wall Street slides a day after Fed rate cut

NEW YORK (AFP) -- US stocks went nowhere on Thursday as investors lost their appetite in afternoon trade, a day after the US central bank delivered a widely expected shot of stimulus.At the close, the benchmark Dow Jones Industrial Average was down 0.2 percent at 27,094.79, erasing earlier gains in the day.Meanwhile, the broader S&P 500 was flat, hovering near record levels at 3,006.79, while the tech-heavy Nasdaq was 0.1 percent higher at 8,182.88.Disney led the Dow lower, shedding 2.6 perc

Sept 20, 2019
World Business
Japan court to rule in only Fukushima criminal case

TOKYO (AFP) -- More than eight years after the Fukushima nuclear disaster, a Japanese court will rule Thursday on the only criminal prosecution stemming from the worst nuclear accident in decades.Three former executives from Tokyo Electric Power Company, the firm that operated the Fukushima plant, face up to five years in prison if convicted of professional negligence resulting in death and injury.They are the only people to face criminal prosecution in the wake of the disaster, triggered w

Sept 19, 2019
World News
US Fed cuts key interest rate a quarter point, citing 'uncertainties'

WASHINGTON (AFP) -- The US central bank cut its benchmark interest rate for the second time this year on Wednesday, and Federal Reserve chief Jerome Powell vowed to do whatever is needed to keep the economy growing.But the Fed's policy committee is divided, with three of 10 voting members dissenting from the decision, one because he wanted even more stimulus.Powell said policymakers do not expect a recession, but trade uncertainty is creating "cross winds" that are weighing on the econ

Sept 19, 2019
World News
Trump names hostages envoy O'Brien as new natl. security adviser

US President Donald Trump on Wednesday named the current envoy for hostage negotiations, Robert O'Brien, as his new national security adviser.Trump made the announcement on Twitter, days after he fired John Bolton over disagreements on policies including how to denuclearize North Korea."I am pleased to announce that I will name Robert C. O'Brien, currently serving as the very successful Special Presidential Envoy for Hostage Affairs at the State Department, as our new National Security Advi

Sept 19, 2019
World News
[Graphic News] Aramco is the biggest oil firm in the world

　Drones attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco last weekend. 　　Aramco is the biggest energy company in the world. It produces and exports more than 9.5 million barrels of Saudi Arabia’s oil per day to consumers around the world, primarily in Asia.

Sept 18, 2019
World Business
Police on alert as Taiwan's flag lowered in the Solomons

HONIARA (AFP) -- Police maintained a strong presence on the streets of the Solomon Islands' capital Honiara Tuesday but reported no unrest following the troubled Pacific nation's decision to switch diplomatic allegiance to China from Taiwan.The move, revealed late Monday when officials in Taipei pre-emptively severed ties with Honiara, prompted a peaceful pro-Taiwan protest on the island of Malaita."We've spoken to the police chief there and there were no incidents," a police spokesman

Sept 18, 2019
World News
Saudi oil attacks came from southwest Iran, US official says, raising tensions

WASHINGTON/DUBAI (Reuters) - The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a US official told Reuters on Tuesday, an assessment that further increases tension in the Middle East.Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles and drones, indicating that they involved a higher degree of complexity and sophistication than initially thought.The officials d

Sept 18, 2019
World News
[Graphic News] North Korea world’s 2nd most censored country

　North Korea is the world’s second-most censored country, an international press freedom group said in a recent report, calling Pyongyang’s media a state “mouthpiece.”　Access to the internet is restricted to the political elite, with some schools and state institutions having access to a tightly controlled intranet, according to the report. The African country of Eritrea topped the list. 　The evaluation was based on a number of benchmarks, including the absence of private

Sept 17, 2019
World News
Facing US ban, Huawei emerging as stronger tech competitor

SHENZHEN (AP) -- Long before President Donald Trump threatened to cut off Huawei's access to US technology, the Chinese telecom equipment maker was pouring money into research that reduces its need for American suppliers.Huawei's founder says instead of crippling the company, the export curbs are making it a tougher competitor by forcing managers to focus resources on their most important products.Little-known to Americans, Huawei Technologies Ltd. is the No. 2 smartphone brand worldwide and the

Sept 17, 2019
World News
Hong Kong leader says public dialogue aimed at easing tensions to begin next week

HONG KONG (Reuters) -- Hong Kong's leader said on Tuesday that she would engage directly with her governing team in a dialogue with the community next week, while reiterating calls for an end to the violence that has roiled the city for over three months.Carrie Lam said the first session of a dialogue would be held next week, adding added the sessions would be as open as possible, with members of the public able to sign up to attend.The protest movement opposing a contentious extradition bi

Sept 17, 2019
World News
Trump: It looks like Iran hit Saudis, no military option yet

WASHINGTON (AP) -- President Donald Trump declared Monday it "looks'' like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key US Mideast ally.Oil prices soared worldwide amid the damage in Saudi Arabia and fresh Middle East war concerns. But Trump put the brakes on any talk of quick military action earlier he had said the US was "locked and loaded'' and he said

Sept 17, 2019
World News
Johnson the Brexit 'Hulk' finally meets EU's Juncker

LUXEMBOURG (AFP) -- Six weeks after he took office and six weeks before he is due to lead Britain out of the European Union, Prime Minister Boris Johnson is to meet Jean-Claude Junker.On Monday, after comparing himself to berserk comic book super-smasher Hulk, the British leader will enjoy a genteel working lunch with the EU Commission president.Downing Street has confidently billed the Luxembourg visit as part of efforts to negotiate an orderly divorce from the union before an October 17 EU sum

Sept 16, 2019
World News
Ric Ocasek, visionary frontman of The Cars, dead at 75

NEW YORK (AFP) -- Ric Ocasek, the frontman of synth-heavy new wave innovators The Cars, was found dead Sunday in New York, police said. He was 75 years old.The New York Police Department told AFP they had received a call at approximately 4:00 pm (2000 GMT) for an unconscious male at a townhouse in Manhattan.He was pronounced dead at the scene, police said, and the body was identified as Ocasek.There were no signs of foul play, according to US media. Under the leadership of the singer-songwriter

Sept 16, 2019
World News
Saudi races to restore oil supply, strike blamed on Iran

RIYADH (AFP) -- Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by half, as Iran dismissed US claims it was behind the assault.The Tehran-backed Huthi rebels in neighbouring Yemen, where a Saudi-led coalition is bogged down in a five-year war, claimed Saturday's strikes on two plants owned by state energy giant Aramco.But US Secretary of State Mike Pompeo pointed the finger squarely at Tehran, saying there was no evidence the &qu

Sept 16, 2019
World News

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