The Korea Herald

Smartphones spur social game boom

Jun 27, 2011

SINGAPORE (AFP) ― More virtual livestock looks set to be traded and petulant fowl hurled at targets as social gaming takes hold in the booming mobile phone market, industry experts say. Social gamin...
Vatican to launch Internet news portal

Jun 26, 2011

VATICAN CITY (AP) ― The Vatican is taking a leap into the world of new media next week with the launch of a news information portal that Pope Benedict XVI himself may put online with a papal click. ...
G20 reach key accord on food speculation

Jun 24, 2011

PARIS (AFP) ― Farm ministers from the world’s top economies agreed on action on Thursday to tame the speculative trading blamed for the food price spikes that have hit consumers’ pockets and sparked ...
U.S. and others plan to tap oil reserves

Jun 24, 2011

NEW YORK (AP) ― The United States and other nations that depend on oil imports will release and sell 60 million barrels of crude from emergency stocks in an effort to ease the strain of high oil pric...
Merkel warns against Greek debt restructuring

Jun 23, 2011

BERLIN (AP) ― A full-scale restructuring of Greek debt would have “completely uncontrollable” effects on financial markets and could threaten other countries’ stability, German Chancellor Angela Merk...
IMF hopes to name new chief by June 30

Jun 21, 2011

Fund interviews Carstens for top job; Lagarde next WASHINGTON (AP) ― The International Monetary Fund said Monday it will interview the two leading candidates for the top job at the 187-nation lendin...
IMF says global recovery at risk

Jun 19, 2011

SAO PAULO (AFP) -- A fragile global economic recovery could falter unless Europe averts sovereign defaults, the United States gets its fiscal house in order and emerging economies prevent overheating...
Juncker warns debt crisis in Greece could be contagious

Jun 19, 2011

BERLIN (AP) ― Contagion from the Greek debt crisis could spread to at least five other European countries ― including Belgium or even Italy ― if it is not cautiously managed, the head of the eurozone...
Merkel wants bank aid for Greece debt

Jun 19, 2011

BERLIN (AFP) ― German Chancellor Angela Merkel Saturday urged “substantial” aid from private creditors to resolve Greek debt woes, as the Eurogroup warned the crisis could spread like a firestorm thr...
IMF says global recovery at risk

Jun 18, 2011

SAO PAULO (AFP) – There is danger the fragile global recovery could collapse unless Europe averts sovereign defaults, the United States gets its fiscal house in order and emerging economies prevent o...
Ford Asia chief says small cars on way to China, India

Jun 17, 2011
IMF to release Greek funds despite EU delay

Jun 17, 2011
Greek riots, political chaos hammer markets

Jun 16, 2011

ATHENS, Greece (AP) -- Greece's prime minister, struggling to ensure Parliamentary approval for a crucial austerity bill, said he would reshuffle his Cabinet and seek a vote of confidence for his new...
Bernanke urges GOP to back higher debt limit

Jun 15, 2011

Fed chief says brinkmanship threatens to backfire and harm the economy WASHINGTON (AP) ― Federal Reserve Chairman Ben Bernanke on Tuesday urged Republicans to support raising the nation’s borrowing ...
S&P cuts Greece credit rating to lowest

Jun 14, 2011

ATHENS, Greece (AP) -- Standard & Poor's cut Greece's credit rating deeper into junk territory Monday, saying the country is likely to default on its massive debts at least once by 2013 -- a decision...