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[Newsmaker] Bezos’ firm claims rocket breakthrough

Jeff Bezos. Bloomberg The private space firm founded by Internet entrepreneur Jeff Bezos claimed a breakthrough for its space travel efforts Tuesday with the launch of a reusable rocket. Bezos anno...

Nov 25, 2015
World Business
EPA says VW cheating software is on more vehicles

Volkswagen's emissions cheating scandal widened Friday after the U.S. Environmental Protection Agency said the German automaker used software to cheat on pollution tests on more six-cylinder diesel v...

Nov 21, 2015
World Business
'China should end exchange-rate distortion‘

China should press ahead with efforts to make the yuan's exchange rate more flexible as it seeks to boost the currency's global usage, according to a former central bank adviser. The yuan's likely i...

Nov 19, 2015
World Business
Barclays to pay $150m more in forex probe

Barclays will pay an additional $150 million to New York State’s financial regulator to resolve allegations that it rigged foreign exchange trading by putting the bank’s interests ahead of those of i...

Nov 19, 2015
World Business
Fed minutes confirm Dec. hike expectations

WASHINGTON (AFP) ― Minutes of the Federal Reserve’s late October policy board meeting confirmed Wednesday that participants expected to begin raising interest rates in December. While some at the Oc...

Nov 19, 2015
World Business
Oil prices edge higher after U.S., Fed reports

NEW YORK (AFP) -- Global oil prices moved modestly higher Wednesday as traders weighed a small gain in U.S. inventories and a Federal Reserve report that supported expectations of a December interest...

Nov 19, 2015
World Business
[Newsmaker] Yuan’s rise means greater stability

With China’s yuan taking the biggest step yet toward joining the dollar and euro as a top-rank reserve currency, the global economy may be approaching an era of greater stability. So say economists ...

Nov 16, 2015
World Business
Global shares, euro fall, oil and gold up after Paris attacks

LONDON (Reuters) - The euro hit its weakest in more than six months against the yen on Monday as investors sought safety in gold and low-risk government debt after Friday’s attacks in Paris. Oil pri...

Nov 16, 2015
World Business
Mercedes-Benz to recall 555 S63 AMG sedans for ignition problem

Germany luxury carmaker Mercedes-Benz will recall 555 S63 AMG 4Matic sedans for ignition-related problems, the government said Sunday. The Ministry of Land, Infrastructure and Transport said cars ma...

Nov 15, 2015
World Business
China’s Alibaba says Singles Day sales nearly $8 bn in 10 hours

Shoppers spent nearly $8 billion in the first 10 hours of Chinese e-commerce giant Alibaba’s “Singles Day” event on Wednesday, the firm said, reinforcing its status as the world’s biggest online reta...

Nov 12, 2015
World Business
VW engineers admit to rigging CO2 emissions

BERLIN (Reuters) ― Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data because goals set by former chief executive Martin Winterkorn were difficult to achieve, Bild ...

Nov 9, 2015
World Business
Historic meet raises hopes

SINGAPORE (AP) ― Many thought it might never happen: The presidents of China and Taiwan― inheritors to the Communist and Nationalist regimes that fought a civil war and remained bitter rivals for dec...

Nov 8, 2015
World Business
Release of Pacific trade text opens fight over ratification

The long-secret text of the Trans-Pacific Partnership free-trade deal was released Thursday to support from business but vows by labor, environmental and health groups in many countries to fight rati...

Nov 6, 2015
World Business
[Newsmaker] iPhone sales propel rise in Apple’s profits

Apple said Tuesday that surging iPhone sales helped propel a sharp rise in quarterly profits, as the tech giant delivered a record 48 million of the smartphones. Profits rose 31 percent to $11.1 bil...

Oct 28, 2015
World Business
GM recalling 1.4M cars; oil leaks can cause engine fires

For the third time in eight years, General Motors is recalling cars that can leak oil and catch fire, sometimes damaging garages and houses. The recall, which covers 1.4 million vehicles dating to t...

Oct 27, 2015
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