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China's Wanda to sell contentious Madrid landmark: source

MADRID -- China's property and entertainment giant Wanda has agreed to sell a historic Madrid skyscraper, a source close to negotiations said Wednesday, after feuding with city authorities over plans...

Jul 20, 2016
World Business
Deutsche Boerse may lower LSE tender threshold

Deutsche Boerse said it may reduce the threshold for shareholder approval of its London Stock Exchange Group’s acquisition to accommodate index funds. A decision will be reached Monday after parties...

Jul 11, 2016
World Business
Musk hints at top secret Tesla masterplan

Tesla Motors CEO Elon Musk on Sunday tweeted his intention to soon publish part two of his “top secret Tesla masterplan” following an embattled several weeks for the Silicon Valley heavyweight. The ...

Jul 11, 2016
World Business
Osborne visits U.S. to urge investors to ‘stick with’ Britain

Chancellor of the Exchequer George Osborne heads to Wall Street aiming to shore up investor confidence in the U.K.’s economy and financial markets roiled by the vote to quit the European Union. Leav...

Jul 11, 2016
World Business
Yen rises to top this week on haven demand as U.S. payrolls loom

Brexit fallout has given investors plenty of reasons to flock to the yen, making it the best-performing major currency this week. Friday could bring another, as markets brace for a closely watched U....

Jul 8, 2016
World Business
S&P cuts EU rating as warnings grow on Brexit’s impact

Ratings agency Standard and Poor‘s cut the credit rating for the European Union by one notch on Thursday saying that the bloc had grown more uncertain after Brexit. “After the decision by the U.K. e...

Jul 1, 2016
World Business
U.S.-Korea FTA effective in increasing American exports: U.S. report

The free trade agreement between the United States and South Korea resulted in an increase of $4.8 billion-$5.3 billion in total American exports, the second-largest among a total of 13 free trade de...

Jun 30, 2016
World Business
[Newsmaker] Anti-EU figurehead Farage vindicated by Brexit vote

Nigel Farage has devoted his career to campaigning to leave the European Union, a once-impossible seeming goal he has now achieved following a referendum campaign peppered with his signature controve...

Jun 26, 2016
World Business
EU calls for UK’s early exit

The European Union wants a quickie divorce, but Britain wants time to think things over. Senior EU politicians demanded Saturday that the U.K. quickly cut its ties with the 28-nation bloc _ a pro...

Jun 26, 2016
World Business
Brexit divorce 'not amicable' but must be quick: Juncker

European Commission chief Jean-Claude Juncker said Britain's planned departure from the European Union was "not an amicable divorce" but called for it to be quick. "I do not understand why the Briti...

Jun 25, 2016
World Business
China-backed AIIB approves first 4 loans worth $509 million

The China-backed Asian Infrastructure Investment Bank (AIIB) has approved its first four loans worth US$509 million as the bank holds its first annual meeting. Three of the four loans were co-financ...

Jun 25, 2016
World Business
SoftBank's founder reverses retirement plans, says heir apparent 'victim'

TOKYO (AFP) -- The boss of SoftBank Group on Wednesday admitted his desire to hang on to power a little longer had pushed away the former Google executive seen as his heir apparent. Masayoshi Son to...

Jun 22, 2016
World Business
Fed keeps interest rate steady as Brexit vote looms

WASHINGTON (AFP) -- The Federal Reserve held its key interest rate unchanged Wednesday, in part due to concerns about the disruption Britain‘s looming “Brexit” vote could have on global markets. Whi...

Jun 16, 2016
World Business
Alibaba sees growth rising to 48 percent in first forecast

Alibaba Group Holding Ltd. said that revenue growth will accelerate this fiscal year as China’s largest e-commerce company provided its first financial forecast since going public in 2014. The compa...

Jun 14, 2016
World Business
Microsoft shifts to social with huge LinkedIn deal

WASHINGTON (AFP) -- Microsoft on Monday shifted its focus to social networking with a massive $26.2 billion deal for professional social network LinkedIn. With its biggest-ever acquisition and one o...

Jun 14, 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 : Yang Sung-jin
Tel : 02.727.0114