The Korea Herald

Hackers nab card data from Citi customers

Jun 10, 2011

NEW YORK (AP) ― Citigroup Inc. has become the latest victim in a string of high-profile data thefts by hackers targeting some of the world’s best-known companies. The New York bank said Thursday tha...
ECB’s Trichet signals rate increase in July

Jun 10, 2011

FRANKFURT, Germany (AP) ― The head of the European Central Bank signaled another likely interest rate hike in July, warning that higher oil and commodity prices must not be allowed to fuel an inflati...
More ads hit online TV as Web audiences grow

Jun 9, 2011

Television networks gradually show more commercials online as viewer habits change LOS ANGELES (AP) ― One of the rewards of watching TV online is not having to sit through as many commercials. Now t...
Lagarde: Pleased with China talks

Jun 9, 2011

BEIJING (AP) ― French Finance Minister Christine Lagarde said Thursday she is “very positive” after talks with Chinese officials about her candidacy to head the International Monetary Fund and said B...
Taxpayer loss on auto bailout narrows

Jun 2, 2011

White House touts value of emergency loans to GM and Chrysler WASHINGTON (AP) ― Taxpayers will lose about $14 billion in the government’s $80 billion bailout of Chrysler and GM, the White House said...
MS demos new Windows 8 for PC

Jun 2, 2011

RANCHO PALOS VERDES, California (AP) ― Microsoft Corp. demonstrated its new operating system at the “D: All Things Digital” conference on Wednesday, a full version of Windows that will operate on tab...
Japan, EU to start trade talks

May 29, 2011

BRUSSELS (AP) ― Japan and the European Union agreed at a summit meeting Saturday to begin negotiations on a free trade agreement that would deepen economic ties between two of the world’s largest eco...
Culture clash dents Brazil push

May 29, 2011

China eyes huge economic, business gains in S. American nation SAO PAULO (AP) ― Stocking shelves in a Chinese grocery store, Thiago warned that he didn’t want to be caught chatting during working ho...
Economies around the world growing more slowly

May 27, 2011

WASHINGTON (AP) ― From the United States to Europe and even to booming China, the global economy is showing signs of strain. Most major economies are expected to keep growing. But evidence is mounti...
Crisis, stagflation stalk global recovery: OECD

May 26, 2011

OECD sees world growth of 4.2%, urges Fed to raise rates PARIS (AFP) ― Crisis still stalks the global economy with stagflation lurking and Japan set for recession this year despite moderate overall ...
Greece’s return to bond markets in 2012 unlikely

May 23, 2011

EU head calls for independent privatization body to tackle debt BERLIN (AP) ― Greece’s prime minister admitted for the first that his country might not be able to tap the markets for its borrowing n...
Europe, emerging powers face off over IMF job

May 20, 2011

BRUSSELS (AFP) ― Europe fought to retain leadership of the IMF on Thursday to help tackle its debt crisis as emerging nations launched a sharp counter-attack, saying it was time rising economies took...
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