The Korea Herald

U.S. considers tighter credit as economy improves

May 19, 2011

Fed minutes reveal debate in April how to tighten credit if inflation persists WASHINGTON (AP) ― The Federal Reserve said last month that the economy is gradually improving and began discussing how ...
EU mulls ‘soft restructuring’ for Greece

May 18, 2011

BRUSSELS (AFP) ― Senior EU officials on Tuesday raised the possibility of a limited but controversial restructuring of Greece’s mountain of debt which could involve private sector creditors taking so...
Dollar drop? You ain’t seen nothing yet if yuan jumps

May 18, 2011
U.S. economic data suggests bad patch lingering

May 18, 2011
ITC rules in favor of Whirlpool on antidumping petitions against Samsung, LG

May 14, 2011

WASHINGTON, May 13 (Yonhap) -- A U.S. trade panel Friday ruled in favor of Whirlpool Corp. in its antidumping petitions against South Korean rivals Samsung Electronics and LG Electronics for their al...
Supply problems, shadow of recall plague Toyota

May 12, 2011

DETROIT (AP) ― Toyota should have owned the road this summer. When gas prices go up, American drivers go for smaller, fuel-efficient cars. The last time prices at the pump spiked in 2008, Toyota capt...
Good jobs, bad jobs, but not enough of either

May 8, 2011
Rise in layoffs, gas prices cloud hiring outlook

May 6, 2011

Rapid spike in layoffs heightens concerns that pricier gas is slowing U.S. economy WASHINGTON (AP) ― A renewed rise in layoffs is the latest sign that higher fuel prices may be slowing the economy. ...
Sony was victim of sophisticated cyber-attack

May 5, 2011

WASHINGTON (AP) ― The data breach that hit Sony’s PlayStation Network resulted from a “very carefully planned, very professional, highly sophisticated criminal cyber-attack designed to steal personal...
Up is only way to go for chip makers

May 5, 2011

Intel claims computing breakthrough with three-dimensional chips SAN FRANCISCO (AP) ― In the race to build a faster computer chip, there is literally nowhere to go but up. Today’s chip surfaces are ...
Portugal reaches bailout deal with EU

May 4, 2011

Officials say bailout to be worth $115 billion over 3-year period LISBON, Portugal (AP) ― Hard-up Portugal has negotiated an international bailout worth 78 billion euro ($115 billion) over a three-y...
Buffett says mistakes were made in handling Sokol

May 1, 2011

OMAHA, Nebada (AP) ― Berkshire Hathaway’s annual meeting on Saturday was dominated by somber topics, as Warren Buffett explained to roughly 40,000 shareholders how the company had been battered by a ...
Microsoft Windows sales slip

Apr 29, 2011
U.S. economic growth slows, inflation surges

Apr 29, 2011
Fed says bond program to end soon

Apr 28, 2011

WASHINGTON (AP) ― The economy and job creation have strengthened enough for the Federal Reserve to end on schedule a program of buying Treasury bonds to help the economy, the Fed said Wednesday. End...