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World Bank: China’s growth to ease to 6.7% in 2016

MANILA, Philippines (AP) -- China will remain the main driver of growth in Asia this year despite its prolonged slowdown, helped by sustained expansions in other developing countries in the region, t...

Apr 11, 2016
World Business
Fed policymakers worried about slow global growth: minutes

Federal Reserve policymakers were broadly worried about the threat of slower global growth to the US economy, the minutes from their March 15-16 meeting showed Wednesday. As they decided against an ...

Apr 7, 2016
World Business
New inversion rules will kill Pfizer-Allergan deal

Drugmakers Pfizer Inc. and Allergan Plc are scrambling to determine whether to proceed with their plan to merge and move Pfizer's address _ but not its operations or headquarters _ to lower-tax Irela...

Apr 6, 2016
World Business
Facebook programs computers to describe photos for the blind

MENLO PARK, Calif. (AP) -- Facebook is training its computers to become seeing-eye guides for blind and visually impaired people as they scroll through the pictures posted on the world‘s largest onli...

Apr 5, 2016
World Business
'Panama Papers' revelations trigger global probes

Several countries have launched tax evasion probes after a massive leak of confidential documents lifted the lid on the murky offshore financial dealings of a slew of politicians and celebrities. Th...

Apr 5, 2016
World Business
Iran oil exports surpass 2 million barrels: minister

TEHRAN (AFP) -- Iran's oil exports have surpassed 2 million barrels per day following the lifting of sanctions under its nuclear deal with world powers, Oil Minister Bijan Zanganeh said on Sunday. “...

Apr 4, 2016
World Business
Behind China's $100 billion shopping spree

China’s Anbang Insurance Group Co., which has twice sweetened its offer to buy Starwood Hotels & Resorts Worldwide Inc., is engaged in a high-stakes bidding war with Marriott International Inc. to ac...

Apr 1, 2016
World Business
Cnooc tops Sinopec as China's second biggest oil producer

Oil’s plunge has reordered the pecking order among China’s biggest explorers. China Petroleum & Chemical Corp.’s move to close some high-cost fields has caused it to slip to number three in oil and ...

Mar 30, 2016
World Business
Fed

Yellen confident in U.S. growth but stresses ‘gradual’ rate hikes NEW YORK (AFP) -- Federal Reserve Chair Janet Yellen expressed confidence in U.S. economic growth Tuesday but stuck to a dovish stan...

Mar 30, 2016
World Business
China to end state corn stockpiling amid glut: Xinhua

China will end its state corn stockpiling program this year, replacing it with other subsidies, amid surging reserves in the world’s second-biggest grower, the official Xinhua News Agency reported. ...

Mar 30, 2016
World Business
Japan factory output falls in February at worst pace since 2011

Japan's factory output plummeted in February at its sharpest pace since the aftermath of the 2011 earthquake and tsunami disaster, government data showed Wednesday, the latest setback to efforts to r...

Mar 30, 2016
World Business
Brexit will hurt world economy: US Treasury chief

If Britain exits the European Union it will have a negative impact on the British, European and world economies, US Treasury Secretary Jacob Lew warned Tuesday. Britons are set to vote in a crucial ...

Mar 30, 2016
World Business
[Newsmaker] FBI hacks iPhone, drops case

The FBI has unlocked the iPhone used by one of the San Bernardino attackers, officials said Monday, ending a heated legal standoff with Apple that had pitted U.S. authorities against Silicon Valley. ...

Mar 29, 2016
World Business
China's Anbang trumps Marriott with $15b bid for Starwood

The fight for Starwood Hotels swung back in favor of China’s Anbang after the insurance company offered $15 billion in a counterpunch to Marriott International. Starwood Hotels & Resorts Worldwide, ...

Mar 29, 2016
World Business
Global concerns weigh on eurozone recovery: ECB

Economic recovery in the eurozone is set to continue in the coming months, but not as fast as hoped owing to global uncertainties and slowing growth in emerging economies, the European Central Bank s...

Mar 24, 2016
World Business

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114