The Korea Herald

Global shares fall on uncertainty over US immigration flap

Jan 30, 2017

Shares fell in Europe and Asia on Monday, rattled by weak data and the potential impact of President Donald Trump's travel ban on seven Muslim-majority countries and other immigration actions. KEEPI...
750,000 still living under militant rule in Iraq's Mosul: UN

Jan 24, 2017

BAGHDAD (AP) -- The U.N. and several aid organizations said Tuesday that an estimated 750,000 civilians are still living under Islamic State rule in the western part of Mosul, the next target of a U....
'Court ruling will not change Brexit timetable'

Jan 24, 2017

LONDON (AFP) -- Britain still intends to start talks on leaving the European Union by the end of March, despite a Supreme Court ruling that the government must first obtain parliamentary approval, Do...
Trump moves to pull US out of big Asia trade deal

Jan 24, 2017

Charting a new American course abroad, President Donald Trump withdrew the United States from the sweeping Trans-Pacific Partnership on Monday, using one of his first actions in office to reject a ce...
Xiaomi's Barra quits China for Silicon Valley

Jan 23, 2017

BEIJING (AFP) -- Hugo Barra, who caused a sensation in 2013 by leaving Google to become a vice president of Chinese smartphone maker Xiaomi, announced Monday he was returning to the United States for...
Economic inequality top global risk: WEF

Jan 11, 2017

GENEVA (AFP) -- Rising income inequality is seen as the top risk for the global economy in 2017, with reforms to market capitalism increasingly viewed as necessary to ward off a populist backlash, th...
China forex reserves fall by $320b in 2016

Jan 8, 2017

The headquarters of the People’s Bank of China in Beijing. (AFP) BEIJING – China’s foreign exchange reserves fell by $320 billion last year, Beijing announced Saturday, as authorities sought to supp...
Trumponomics gets the thumbs down from Nobel-winning economists

Jan 7, 2017

A pack of Nobel Prize-winning economists gave Donald Trump and his policy plans the thumbs-down on Friday, with one saying the president-elect’s programs could lead to a deep recession. Speaking on ...
Apple CEO Tim Cook's pay slumps along with iPhone sales

Jan 7, 2017

SAN FRANCISCO (AP) -- Apple penalized CEO Tim Cook for the iPhone maker's first sales slump in 15 years with a 15 percent pay cut. Cook still did extremely well, with a compensation package valued a...
SpaceX ready to launch again

Jan 3, 2017

WASHINGTON (AFP) - SpaceX says it has determined the cause of a launchpad explosion that destroyed a satellite in September and is ready to start launches again as early as Sunday. An unmanned Spac...
China stockmarkets among world's worst in 2016

Dec 30, 2016

SHANGHAI (AFP) -- China is the world's second-largest economy and has one of the fastest growth rates of any G20 nation, but its stock markets have been among the worst performing in the world this ...
Apple appeals landmark EU tax ruling

Dec 19, 2016

BRUSSELS -- Apple on Monday launched a legal challenge against a landmark EU decision that the tech giant pay billions in back-taxes to Ireland, claiming the EU has ignored the law. The European Com...
S. Korea starts 2nd round of FTA talks with Israel

Dec 11, 2016

South Korea has started the second round of free trade talks to discuss ways to boost bilateral economic exchanges and investment, the trade ministry said Sunday. The FTA talks that started in Jerus...
Non-OPEC oil states agree to cuts in 'historic' deal

Dec 11, 2016

Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid to end the world's glut of crude and reverse a dramatic fall in income. Russia and ...
Eurozone inflation at highest level since April 2014

Nov 30, 2016

BRUSSELS (AFP) -- Eurozone inflation rose to a two-and-a-half-year high in November as Europe inched away from very low consumer prices that have threatened an already fragile economic recovery. The...