The Korea Herald

US gains 209K jobs, unemployment rate falls to 4.3 pct

Aug 4, 2017

WASHINGTON (AP) _ U.S. employers added 209,000 jobs in July, a second straight month of robust gains that underscore the economy‘s vitality as it enters a ninth year of expansion. The Labor Departme...
[Graphic News] Foreign reserves across Asia

Aug 2, 2017

China is the world‘s largest holder of foreign exchange reserves. It has over 2 1/2 times more foreign reserves than the second-largest reserve holder, Japan. The Asian giant has $3.483 trillion in ...
Air France unveils Joon - the 'millenials' airline

Jul 20, 2017

PARIS -- Air France on Thursday unveiled a new lower-cost subsidiary called Joon that will specifically target well-travelled millenials. A new medium-haul service will begin operating from Charles ...
Trian's Peltz seeks a seat on board at Procter & Gamble

Jul 17, 2017

NEW YORK -- Activist investor Nelson Peltz is attempting to secure a seat on the board at Procter & Gamble, seeking faster changes at the consumer products company. Peltz's Trian Fund Management LP,...
EU charges Teva over delaying cheap sleep drug

Jul 17, 2017

European Union regulators on Monday filed antitrust charges against Israeli drug-maker Teva for colluding to delay a cheaper generic version of modafinil, a blockbuster sleep drug. The European Comm...
China defends imports of North Korean iron ore

Jul 13, 2017

China defended Thursday its purchase of iron ore from North Korea following criticism by US President Donald Trump and said it is "strictly and earnestly'' complying with U.N. sanctions. China stopp...
Apple to invest $900mn in Danish data plant

Jul 10, 2017

STOCKHOLM -- Apple on Monday said it would invest six billion Danish kroner ($920 million, 810 million euros) in a data centre in Denmark, its second in the country to run entirely on clean energy. ...
[Graphic News] Car production in Asian countries

Jul 10, 2017

In Asia, the biggest motor vehicle production plants are in China, Japan, India and South Korea. China, however, captures a bigger slice of the global market share in auto production than any other A...
Chinese Nobel laureate Liu Xiaobo's health deteriorates

Jul 6, 2017

BEIJING (AFP) -- Fears about the health of China's cancer-stricken Nobel laureate Liu Xiaobo rose on Thursday as the hospital treating him said the liver function of the country's most prominent demo...
Japan, EU seal landmark trade deal in challenge to Trump

Jul 6, 2017

BRUSSELS (AFP) -- Japanese Prime Minister Shinzo Abe and top EU officials agreed Thursday to the broad outline of a landmark trade deal, presented as a direct challenge to the protectionism champione...
Airbus announces China order of 140 planes for $22.8 bn

Jul 5, 2017

BERLIN (AFP) - Airbus said Wednesday it had won a major order from China of 140 planes for $22.8 billion, during a visit by President Xi Jinping to Berlin. The European aircraft maker said it had se...
[Graphic News] 10 years of iPhone

Jun 29, 2017

Apple's iPhone celebrates its 10th anniversary this week. Ten years after the iPhone debuted on June 29, 2007, the smartphone that started it all is still going strong. The iPhone has changed the w...
Yellen: No new financial crisis in 'our lifetimes’

Jun 28, 2017

LONDON -- Federal Reserve Chair Janet Yellen relayed her hope that another repeat of the financial crisis will not occur "in our lifetimes." Addressing an audience at the British Academy in London o...
China insurance mogul said unable to work, reported detained

Jun 14, 2017

BEIJING (AP) -- The Chinese insurer that owns New York City's Waldorf Astoria Hotel said Wednesday its chairman has turned over his duties to other executives following a report he was detained by re...
Trump sued over business benefits

Jun 13, 2017

WASHINGTON (AFP) -- Maryland and Washington sued President Donald Trump Monday, saying he is violating laws by raking in money from foreign governments and businesses at his luxury hotels and office ...