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Yen surge sparks central bank intervention talk

Japanese government officials on Friday pledged to take "appropriate measures" as the surging yen fuels speculation that the central bank will intervene in currency markets to arrest its ascent. The...

Feb 12, 2016
World Business
Tokyo stocks down more than 3% by break, extending global slump

TOKYO (AFP) - Tokyo stocks slumped more than three percent Wednesday morning, extending a drop on global markets as a stronger yen hit exporters and falling oil prices reignited worries about the wor...

Feb 3, 2016
World Business
Oil prices could jump 50% by end of 2016

Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for a bigger and longer rebound by the end of the year. Analysts are projecting prices will climb more than $15...

Feb 3, 2016
World Business
Oil prices rally more than 4%

Oil prices leaped from 12-year lows Thursday, lifted by a swing to optimism on equity markets after steep losses since the beginning of the year. US benchmark West Texas Intermediate for March jumpe...

Jan 22, 2016
World Business
Russia volatility soars as oil below $30 dims investor outlook

The largest exchange-traded fund tracking Russian equities has made the worst start to a year on record with over 50 percent of the stocks the ETF holds losing more than 10 percent so far in 2016. T...

Jan 22, 2016
World Business
Anxiety in the air as Davos World Economic Forum kicks off

DAVOS, Switzerland (AP) -- A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence ...

Jan 20, 2016
World Business
Oil dives to fresh 12-year low under $28

LONDON (AFP) - Oil plunged to fresh 12-year lows under $28 on Wednesday, slammed by gloomy economic forecasts, China‘s slowdown and abundant crude supplies. In morning deals, US benchmark West Texa...

Jan 20, 2016
World Business
Renault recalls vehicles over failed emissions test

Renault is recalling thousands of new vehicles to make engine tweaks, the government said Tuesday, as the French carmaker grapples with emission levels found to exceed anti-pollution norms in some of...

Jan 19, 2016
World Business
Global anxiety rises as China growth falls

China's economic growth slowed to a six-year low in the latest quarter as trade and consumer spending weakened, deepening a downturn that has fueled anxiety abroad over its impact on an uncertain glo...

Jan 19, 2016
World Business
China to take up half of global smartphone market

One out of 2 smartphones to be sold in the global market is expected to be made by Chinese companies, posing a serious threat to current market leaders Samsung Electronics and Apple, a report showed ...

Jan 17, 2016
World Business
China's Haier buying GE appliance unit for $5.4 billion

BEIJING -- Haier Group, the world’s biggest home appliance maker, is buying General Electric Co.‘s appliance business for $5.4 billion to expand its U.S. and global presence. The acquisition anno...

Jan 15, 2016
World Business
Tokyo stocks plunge by break after Wall St dive

TOKYO (AFP) - Tokyo stocks plunged Thursday morning after a dive on Wall Street while a pick up in the yen took a bite out of exporters like Toyota and factory robotics giant Fanuc. The Japanese mar...

Jan 14, 2016
World Business
China's market turmoil: Worry, but don't panic

NEW YORK (AP) -- There's no reason for panic. Worry, yes, but not panic. That was the opinion of some U.S. investment strategists after another free-fall on China's main stock market reverberated ar...

Jan 8, 2016
World Business
Oil extends losses, nears $33 a barrel

SINGAPORE (AFP) - Oil prices plunged close to $33 a barrel on Thursday as crude extended losses on rising US energy stockpiles and China's weakening currency. At 0230 GMT, US benchmark West Texas In...

Jan 7, 2016
World Business
Chinese stock markets closed after shares fall 7%

SHANGHAI (AFP) - China stock markets closed for the day less than half an hour after opening Thursday when shares fell more than seven percent, triggering an automatic "circuit breaker", after author...

Jan 7, 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