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[Graphic News] Financial fallout from Note 7 debacle

Samsung will ship 310 million smartphones this year, down from a forecast of 316 million units, according to new data from research firm TrendForce. Customers will, in turn, move in part to Apple’s i...

Oct 17, 2016
World Business
Amazon launches full on-demand music streaming service in US

NEW YORK (AFP) -- Online giant Amazon launched an expanded on-demand music streaming service in the US Wednesday, taking on the likes of Spotify and Apple Music with a cut-price offer for users of it...

Oct 12, 2016
World Business
Sony tapping virtual reality with PlayStation headset

TOKYO (AFP) -- Sony is set to launch its new virtual reality headset, joining Facebook, Samsung and Google in a market that analysts say could boost the global gaming sector. The electronics giant -...

Oct 12, 2016
World Business
[Graphic News] IMF holds Korea’s growth outlook steady at 2.7% for 2016

The International Monetary Fund kept its economic growth forecast for South Korea this year and next year unchanged in its latest quarterly economic outlook, the Finance Ministry said Tuesday. The a...

Oct 5, 2016
World Business
US economy grew at 1.4 percent rate in spring

The US economy expanded at a slightly faster pace in the spring than previously reported, aided by new-found strength in business construction. The Commerce Department said Thursday the gross domest...

Sept 29, 2016
World Business
[Newsmaker] Musk an innovator wary of humanity’s future

If the future is an array of possibilities ranging from catastrophic to divine, Elon Musk is working to increase the probability of good things happening. Musk has become one of the United States’ b...

Sept 29, 2016
World Business
[Newsmaker] Wells Fargo scandal reignites debate about big bank culture

In the aftermath of the 2008 financial crisis, the banking industry sought to address an ethics crisis with surveys, town hall meetings, appointments of overseers and mechanisms for employees to repo...

Sept 29, 2016
World Business
World Bank reappoints Kim to second five-year term

The World Bank unanimously reappointed its Korean-American president, Jim Yong Kim, to a second five-year term on Tuesday. "Executive Directors cited the achievements of Bank Group staff and managem...

Sept 28, 2016
World Business
Donuts in flight in first U.S.-approved drone delivery

WASHINGTON (AFP) - With a chicken sandwich, hot coffee and donuts, aviation history was made Friday. These were among the items in the first drone delivery on U.S. soil approved by aviation officia...

Jul 23, 2016
World Business
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

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