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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
China takes one-third stake in U.K. nuclear project

China vowed Wednesday to finance one third of Britain's first nuclear power plant in decades in a project led by French energy giant EDF confirmed on the second day of President Xi Jinping's state vi...

Oct 21, 2015
World Business
Greece adopts more painful reforms demanded by creditors

ATHENS (AFP) -- Greece's parliament on Friday narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds. A majority of 154 lawmakers, out...

Oct 17, 2015
World Business
Jury hits Apple with $234 m tab in chip patent case

SAN FRANCISCO (AFP) -- A U.S. jury on Friday declared that Apple owes $234 million in damages for infringing on mobile chip technology patented by University of Wisconsin researchers. "This is a cas...

Oct 17, 2015
World Business
GE beats 3Q forecasts as it refocuses on industry

Industrial conglomerate General Electric Co. on Friday reported a decline in third-quarter profit, but strong performances from its core units helped the company top Wall Street expectations. Jeff I...

Oct 16, 2015
World Business
[Newsmaker] Twitter founder given a second chance as CEO

Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned cofounder can hatch a plan to expand the short messaging service’s audience and end nearly a decade of financial losses. Th...

Oct 6, 2015
World Business
China says it has 'open attitude' toward U.S.-led Pacific trade deal

China said Tuesday it has an "open attitude" toward a U.S.-led free trade deal agreed upon by 12 Pacific-rim nations, reiterating its stance that Beijing would be open to joining the deal. China's c...

Oct 6, 2015
World Business
Obama hails TPP for opening new markets for American products

U.S. President Barack Obama hailed a landmark deal to tear down barriers to trade among 12 Pacific Rim nations, saying the free trade agreement will open new markets for American products around the ...

Oct 6, 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 : Yang Sung-jin
Tel : 02.727.0114