The Korea Herald

Debt talks hit wall, Obama warns clock ticking

Jul 11, 2011
iPad, Android push tablet sales forecast

Jul 10, 2011

International Data Corporation raised its 2011 forecast for global sales of tablet computers by 6.2 percent to 53.5 million units on the strength of Apple Inc.’s iPad and Google Inc.’s Android operat...
China trade surplus hits 7-month high

Jul 10, 2011

Truckers drive past stacks of transport containers at Chiwan Container Terminals, Port of Shekou in Shenzhen, Guangdong province, China. (Bloomberg) Consumer prices climbed 6.4 percent, the most in ...
China may cut spending on strategic industries

Jul 8, 2011
New Greek aid package awaits private sector buy-in

Jul 8, 2011
Facebook launches video chat with Skype

Jul 7, 2011

NEW YORK (AP) ― Quick on the heels of Google’s launch of its latest social-networking venture, Facebook said Wednesday that its 750 million users will now be able to make video calls on the site. Th...
Obama claims progress in deficit talks

Jul 6, 2011

WASHINGTON (AP) -- President Barack Obama says back-channel talks with congressional leaders last weekend have produced new progress in advance of a White House session Thursday on deficit reduction....
iPhone passes Blackberry in U.S.

Jul 6, 2011

Apple’s iPhone has leapfrogged Research In Motion’s Blackberry to grab fourth-place among handset manufacturers in the United States, tracking firm comScore said Tuesday. The iPhone’s share of U.S. ...
Moody’s warns over China bad debt

Jul 6, 2011

China may have understated the debt burden of local governments by as much as $541.6 billion, and the proportion of bad loans could be higher than previously forecast, ratings agency Moody’s said Tue...
Amazon to acquire U.K. online bookstore

Jul 5, 2011

WASHINGTON (AFP) ― U.S. online retailer Amazon.com announced Monday it will acquire British online bookstore The Book Depository. The cost of the transaction remains undisclosed. The British compan...
China’s ...growth may be slowing down

Jul 4, 2011

China’s non-manufacturing industries expanded at the slowest pace in four months in June, adding to concerns that efforts to tame inflation are curbing growth in the world’s second-biggest economy. ...
Google in talks to buy Hulu: report

Jul 3, 2011

NEW YORK (AFP) ― Google is in preliminary talks to acquire the online video site Hulu, the Los Angeles Times reported on its website Friday, citing anonymous sources familiar with the discussions. H...
Obama: ‘Nothing can be off-limits’ in budget

Jul 3, 2011

WASHINGTON (AP) ― President Barack Obama said Saturday that “nothing can be off-limits” in the budget debate ― even though Republicans have said tax increases are. The president said every tax break ...
Goldman’s central bank connections deepen

Jul 3, 2011

The revolving door between Goldman Sachs Group Inc. and central banks is spinning again. The fifth-biggest U.S. bank by assets said Saturday it hired Bank of England economist Andrew Benito after re...
U.S. Fed’s stimulus ends with a fizzle

Jul 1, 2011

NEW YORK (AFP) ― The U.S. Federal Reserve wound up its $600-billion “QE2” program to boost the ailing economy with easy liquidity on Thursday, having generated more controversy than jobs and growth. ...