South Korean stocks began higher on Monday as a set of measures reached at a recent European Union (EU) summit relieved investors' worries, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 0.32 percent, or 6.02 points, to 1,860.03 in the first 15 minutes of trading.On Friday, EU leaders agreed on several short-term steps to bolster their monetary union and save debt-ri

  Spain`s Fernando Torres holds up the trophy at the end of during the Euro 2012 soccer championship final between Spain and Italy in Kiev, Ukraine, Sunday. (AP-Yonap News)KIEV - Certainly the best in the world and maybe the best ever. Definitely not boring.Spain opened a fresh debate on its place in world football history after sweeping to a majestic 4-0 victory over Italy in the European Champio

South Korean stocks rallied 1.91 percent on Friday as European leaders reportedly decided to ease bailout rules for debt-ridden governments, analysts said. The local currency gathered ground against the U.S. dollar.The Korea Composite Stock Price Index (KOSPI) climbed 34.83 points to finish at 1,854.01. Trading volume was moderate at 309.8 million shares worth 4.29 trillion won (US$3.73 billion) w

Police in Massachusetts said an alleged burglar was foiled when his head became stuck under a garage door for several hours.Brockton police said an employee at the local Rent-A-Center showed up for work around 9 a.m. Tuesday and discovered Manuel Hernandez, 54, with his head stuck between the garage door and the ground, WHDH-TV, Boston, reported Thursday."Obviously the employee was surprised and c

South Korean stocks got off to a weak start Friday as investors avoided risky bets pending the outcome of a European summit aimed at addressing the region's fiscal crisis, analysts said.The Korea Composite Stock Price Index (KOSPI) lost 9.37 points, or 0.52 percent, to 1,809.81 in the first 15 minutes of trading.Tech blue-chips and chemical issues led the decline, with market bellwether Samsung El

TEHRAN  - Iran will reconsider its ties with South Korea if the Asian nation halts imports of Iranian oil from Sunday, as Seoul has said it will be forced to do because of EU sanctions."If South Korea completely cuts its oil imports from the Islamic Republic of Iran, then in return we will reconsider our relations with this country,"Oil Minister Rostam Qasemi said on Thursday, according to the off

N.Korean claims South agents tricked her to defectPYONGYANG--A North Korean woman said Thursday that she was tricked into defecting six years ago by South Korean agents who offered to arrange a reunion with her father who went to the South during the Korean War.The rare public account that 66-year-old Pak Jong Suk told to local and foreign reporters at a news conference at the People's Palace of C

South Korea's industrial output grew in May from a year earlier despite persistent eurozone debt problems and market uncertainties, a government report showed Friday.According to the report by Statistics Korea, production in the mining and manufacturing industries expanded 2.6 percent last month from a year earlier. In April, the output remained unchanged from the same month in 2011.Industrial pro

South Korean stocks closed almost unchanged Thursday as nagging eurozone concerns offset improved U.S. economic data, analysts said. The local currency rose against the U.S. dollar.The Korea Composite Stock Price Index (KOSPI) gained 1.53 points, or 0.08 percent, to finish at 1,819.18. Trading volume was light at 305 million shares worth 3.10 trillion won (US$2.68 billion) with losers just outpaci

South Korea is set to sign a military pact with Japan on Friday, marking the first military agreement between the two historical rivals, a senior Seoul official said Thursday, despite lingering bitterness over Tokyo's colonial atrocities.Japan notified South Korea that its Cabinet would approve the pact Friday and the signing will be made in Tokyo immediately after the endorsement, the foreign min

South Korean stocks got off to a strong start Thursday, tracking overnight gains in U.S. markets buoyed by improved economic data, analysts said.The Korea Composite Stock Price Index (KOSPI) rose 3.46 points, or 0.19 percent to 1,821.11 in the first 15 minutes of trading.Shares gathered ground across the board, with memory chipmaker SK hynix and leading carmaker Hyundai Motor rising nearly 1 perce

South Korean stocks closed marginally lower Wednesday as lingering concerns over the eurozone debt crisis kept investors reluctant to make risky bets, analysts said. The local currency rose against the U.S. dollar.The Korea Composite Stock Price Index (KOSPI) edged down 0.15 points, or 0.01 percent, to finish at 1,817.66. Trading volume was moderate at 315.3 million shares worth 4.26 trillion won

A representative for 50 Cent says the rapper is out of the hospital after being injured in a car accident in New York on Tuesday morning.The rep says 50 Cent was taken to New York Hospital Queens where he was treated for “minor neck and back injuries'' and is now “doing fine.''Bruce Miller, who was driving the car, was also injured and has been released from the hospital.Photos of the 36-year-old

The ongoing leadership election of the Unified Progressive Party (UPP) has been suspended due to errors in its server for online voting, party officials said Wednesday, amplifying uncertainties for the left-wing party beleaguered by an escalating factional conflict over alleged primary rigging earlier this year.The minor party with 13 seats in the 300-member National Assembly is set to elect its n

Global sales of personal computers (PCs) may drop as much as 10 percent in the third quarter from a year earlier due to weakening demand, according to a Forbes report known in Seoul on Wednesday.PC sales could fall around 5-10 percent in the July-September period from the previous year as PC giants such as Dell and Hewlett-Packard continue to suffer softening demand, according to a recent Forbes r

The Navy said Wednesday it is investigating a recent accidental discharge of a torpedo from a frigate during an exercise in the Yellow Sea.According to the Navy, a 2,300-ton frigate called Cheongju accidentally fired a deactivated torpedo during a drill in waters off Taean, South Chungcheong Province, last Thursday. The Navy said the torpedo didn't explode and sank to the bottom of the water."We b

South Korean stocks got off to a weak start Wednesday, as low demand on Spanish bonds last night sapped hopes for a smooth bailout of the debt-mired region, analysts said.The Korea Composite Stock Price Index (KOSPI) slipped 14.31 points, or 0.79 percent to 1,803.50 in the first 15 minutes of trading.Shares fell across the board, with market behemoth Samsung Electronics dipping 0.53 percent.The lo

 A city employee in Yuma, Ariz., suffered a broken back and internal injuries when a large saguaro cactus fell on him as he worked on a water leak.William Mason remained in intensive care Thursday at Yuma Regional Medical Center, two days after the accident, the Yuma Daily Sun reported."We'll have to see how the surgery goes to learn the extent of his injuries. It was a horrible accident," Carolin

South Korean stocks opened a tad lower Tuesday, dampened by concern that this week's European Union summit will not suffice to tame the prolonged crisis, analysts said.The Korea Composite Stock Price Index (KOSPI) declined 1.19 points, or 0.07 percent, to 1,824.19 in the first 15 minutes of trading.Shares lost ground across the board, with steelmakers and machineries leading the fall.Top-cap Samsu

South Korea's consumer confidence fell in June from the previous month due to persistent eurozone uncertainties and a slowdown in domestic production and spending, the central bank said Tuesday.The consumer sentiment index (CSI), which gauges consumers' overall economic outlook, living conditions and future spending, stood at 101 for this month, compared with 105 in May, according to the Bank of K