The Korea Herald

Yao retirement risks NBA profile

BEIJING (AP) ― Yao Ming’s expected retirement could diminish the NBA’s once-burgeoning popularity in China, with many fans saying they would no longer watch games.“What’s the point of watching NBA now?” asked an online user called Lubingxia on Sina Weibo, a Chinese Twitter-like site.An online poll on Weibo by Monday lunchtime showed that 57 percent of respondents would stop watching the NBA after

More Sports July 12, 2011

Military club coach arrested for blackmail

The head coach for a local military football team has been arrested for allegedly taking cash from parents of a player involved in match fixing, the defense ministry said Monday.The bench boss for Sangju Sangmu Phoenix in the first-division K-League, named Lee, was arrested on charges of blackmail. The Sangju team is made up of professional players who have been conscripted to serve the mandatory

Soccer July 12, 2011

Military club coach arrested for blackmail

Global pension fund chiefs discuss investment in Seoul

Big players in global pension funds have gathered in Seoul to discuss future investment plans at the International Pension Conference, which opened here on Monday. Some 40 heads of 37 public and private pension agencies worldwide have been invited to the three-day event. The asset value of participating pension funds totaled at 3,620 trillion won ($3.4 trillion).One of the participants is Takahiro

Industry July 11, 2011

Global pension fund chiefs discuss investment in Seoul

Korea to sell W2tr in Treasury bills

Korea will sell 2 trillion won ($1.89 billion) in Treasury bills this month as part of efforts to secure money to cover possible shortfalls in government operation funds, the Finance Ministry said Monday.Treasury bills are intended to raise money for the government so it can cope with short-term financial shortfalls. They are generally sold with a maturity of less than one year.The July debt with

July 11, 2011

Japan’s idle nuclear reactors could restart

World News July 11, 2011

Seo on verge of U.S. Open victory

Korean clings to one-shot lead as darkness halts final roundCOLORADO SPRINGS, Colorado (AP) ― Seo Hee-kyung has a chance to carve her own special place in history. Not simply as a U.S. Open winner ― but as a U.S. Open winner who won it without hitting a single shot on the final day.In a strange, storm-infested tournament that doesn’t want to end, Seo did just about everything she could to win her

Golf July 11, 2011

Sanchez takes Tour’s 9th stage as Voeckler leads

SAINT-FLOUR, France (AP) ― Spain’s Luis Leon Sanchez won the ninth stage of the Tour de France on a wild day of crashes, while France’s Thomas Voeckler finished second to take the leader’s yellow jersey from Thor Hushovd.Among those caught in the mayhem was defending champion Alberto Contador, who overcame another crash, banging his troublesome right knee after an early spill.Sanchez moved into se

More Sports July 11, 2011

U.S., Sweden through to semis

DRESDEN, Germany (AP) ― The match of the tournament turned into one for the ages Sunday when an own goal, retaken penalties, a sending off, an injury-time equalizer and a penalty shootout win swept the United States past Brazil and into the World Cup semifinals after the teams drew 2-2.Sweden had less trouble, advancing in regulation after scoring early and convincingly to destroy the hopes of und

Soccer July 11, 2011

K-League chief vows major changes

South Korea’s top division football league will undergo major shifts, including employing a promotion and relegation system to prevent match-fixing and illegal betting.The K-League governing body announced on Monday it will introduce a promotion-relegation system in the league, and also a new draft system from the 2013 season. “We believe the new systems will help preserve the integrity of our lea

Soccer July 11, 2011

Gangwon look to improve their play

It has been one of the best weeks in the history of Gangwon Province. The region doesn’t make many headlines even in its own country but it was catapulted into the global spotlight on Wednesday as the city of PyeongChang was awarded the 2018 Winter Olympics. Now, soccer fans in the region will be hoping that local K-League club Gangwon FC can use the news to kick-start its season.PyeongChang had a

Soccer July 11, 2011

Kia Motors sales up 21.8% in June

Kia Motors Corp., South Korea’s second-largest automaker, said Friday that its sales in June rose21.8 percent from a year earlier as a jump in overseas sales offset decreased domestic demand.The company sold 217,315 vehicles overall last month, compared with 178,391 vehicles sold a year earlier. Domestic sales dropped 5 percent on-year to 42,200 units in June, but exports spiked 30.7 percent to 17

Mobility July 10, 2011

iPad, Android push tablet sales forecast

International Data Corporation raised its 2011 forecast for global sales of tablet computers by 6.2 percent to 53.5 million units on the strength of Apple Inc.’s iPad and Google Inc.’s Android operating system. Though sales in the first calendar quarter fell 28 percent from the prior quarter, Framingham, Massachusetts-based IDC raised its forecast for the year citing increased competition between

World Business July 10, 2011

Countdown begins for 2nd F1 Korea

A race car at the Yeongam International Circuit in South Jeolla Province during the D-100 ceremony of the F1 Korean Grand Prix on Sunday. (Sports Plus)Yeongam to speed up improving transport links and accommodationsYEONGAM, South Jeolla Province ― While the country is still basking in the victory of PyeongChang’s 2018 bid, Yeongam, some 320 kilometers south of Seoul, is gearing up for the Formula

More Sports July 10, 2011

Kim bags 5th world boxing crown

Kim Ju-hee celebrates her win on Saturday. (Yonhap News)Korea’s Kim Ju-hee on Saturday routed Fahpratan Looksaikongdin of Thailand to become the new Women’s International Boxing Council light flyweight champion, making her the holder of five world boxing organizations’ titles. The 25-year-old won a 3-0 victory over Looksaikongdin, 20, after dominating the bout on Wando, an island off South Korea’s

More Sports July 10, 2011

Classical Music

Poster of “Miracle of Music” concert. (Yangho Foundation/Miracle of Music)“Miracle of Music”: The Aloysius Orchestra and pianist Chung Myung-whun will hold a charity concert at the Seoul Arts Center’s Concert Hall on July 23 at 8 p.m. The 60-member orchestra consists of Aloysius Middle School and Aloysius Technical High School, which are affiliated with Busan Boystown, a children’s shelter where 7

Performance July 8, 2011

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