The Korea Herald

Italy sticks to budget in high-stakes EU standoff

Nov 14, 2018

ROME (AFP) -- Italy's populist government defied the European Commission Tuesday by sticking to its big-spending budget plan, risking financial sanctions in a high-stakes standoff with Brussels. Des...
‘US, China talking trade at all levels’

Nov 14, 2018

The US and China have resumed contact “at all levels” over trade ahead of a planned meeting between President Donald Trump and China’s Xi Jinping, White House economic adviser Larry Kudlow said. The...
New Amazon HQ split between New York, Washington suburbs

Nov 14, 2018

Amazon's "second headquarters" is being split between New York City and the Washington suburbs, the US tech giant announced Tuesday, capping a yearlong contest that saw dozens of cities fight it out ...
Trump blasts Saudi Arabia over oil

Nov 13, 2018

President Donald Trump took aim at Saudi Arabia’s plan to cut oil production on Monday, injecting new tension into an already fraught alliance that has been clouded by US concerns over the killing of...
Stung by Asian dominance, Germany pours cash into EV battery ventures

Nov 9, 2018

BERLIN - Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation so...
Poop in hand, Bill Gates backs China's toilet revolution

Nov 7, 2018

As one of the world's richest men and most active philanthropists, Bill Gates usually has his hands full. Just not with poop. So it came as a surprise when the founder of Microsoft brandished a jar ...
Amazon considers New York, Virginia amid reports of HQ split

Nov 7, 2018

NEW YORK (AP) — After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that could still have a major impact on the ...
iPads, Macs get new screens as Apple pushes creativity

Oct 31, 2018

NEW YORK (AP) -- Apple’s new iPads will more closely resemble its latest iPhones as they ditch a home button and fingerprint sensor to make more room for the screen. As with the latest iPhone models...
IBM buys software company Red Hat for $34b in bid for cloud dominance

Oct 29, 2018

WASHINGTON (AFP) -- IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among the biggest tech mergers in history which the computing giant said would e...
Amazon posts another record profit, but revenue disappoints

Oct 26, 2018

NEW YORK (AP) -- Amazon reported another record quarterly profit Thursday, fueled by the growth of online shopping and its cloud-computing service. But its revenue grew less than Wall Street analyst...
Tesla delivers on Elon Musk’s 3Q profit pledge

Oct 25, 2018

SAN FRANCISCO, Calif. (AP) -- Tesla Motors delivered on CEO Elon Musk’s promise to make money during its latest quarter after fulfilling his pledge to boost production of its first electric car desig...
Apple chief pushes for US privacy law

Oct 24, 2018

Apple CEO Tim Cook on Wednesday said the United States needs a federal privacy law to protect the personal data of internet users. "We at Apple are in full support of a comprehensive federal privacy...
Starbucks opens first sign language store in US

Oct 24, 2018

Rebecca Witzofsky, a 20-year-old deaf student at Gallaudet University in Washington, and her hearing friend Nikolas Carapellatti wanted to get a coffee. But on Tuesday, Witzofsky finally didn't have...
iPhone XR makes the right trade-offs for a cheaper price

Oct 24, 2018

Apple offers you a simple trade-off with its new iPhone XR, the middlebrow cousin to the top-of-the-line iPhone XS. On one hand, the XR lacks the high-resolution screen and dual-lens camera found on...
Germany urges global minimum tax for digital giants

Oct 21, 2018

German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for multinationals as Europe looks to levy tax notably on US tech giants. "We...