The Korea Herald

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...
BOJ seen holding fire, cutting growth forecast

Apr 28, 2011
Apple earnings strong, couldn’t meet iPad demand

Apr 21, 2011
Citi’s Q1 profit falls 32% on lower loans

Apr 19, 2011

NEW YORK (AP) ― Citigroup’s first-quarter income fell 32 percent on lower revenue from investment banking and a decline in consumer loans. The bank was able to set aside fewer reserves for losses as ...
Foreign direct investment in China surges 33%

Apr 19, 2011

Foreign direct investment surged 33 percent in March from a year earlier as rising inflation and interest rates failed to damp overseas confidence in the world’s fastest-growing major economy. Forei...
Geithner confident Congress will raise debt limit

Apr 18, 2011

Treasury secretary says Republicans agreed to increase the $14.3 trillion ceiling WASHINGTON (AP) ― Treasury Secretary Timothy Geithner says Republican leaders have privately assured the Obama admin...
World Bank, IMF lead move to help North Africa

Apr 15, 2011

WASHINGTON (AFP) ― Global finance chiefs moved to aid strife-torn North Africa Thursday as the International Monetary Fund and World Bank warned of more potential social unrest from high food prices ...
Ireland passes IMF/EU test, Fitch ups outlook

Apr 15, 2011
G20 eyes anti-crisis plan, mulls recovery risks

Apr 15, 2011
U.S. Congress OKs budget cuts; fights await

Apr 15, 2011

Record spending cuts win approval, on way to Obama for signing, but bigger deficit fights loom WASHINGTON (AP) ― Congress sent President Barack Obama hard-fought legislation cutting a record $38 bil...
Obama proposes $4tr in deficit cuts

Apr 14, 2011

U.S. president pitches spending cuts, laying down markers for 2012 campaign WASHINGTON, D.C. (AP) ― President Barack Obama coupled a call for $4 trillion in long-term deficit reductions with a blist...
BRICS grapple with China dominance in trade

Apr 13, 2011
G20 to work on imbalances plan

Apr 13, 2011
Moody’s may downgrade Toyota rating

Apr 6, 2011

TOKYO (AP) ― Moody’s Investors Service warned Wednesday it may downgrade its credit rating for Toyota Motor Corp. due to the financial fallout from suspended car production following the March 11 qua...
Fed’s energy cost worries could mean rate hike

Apr 6, 2011

Notes released from March 15 meeting show growing worries about inflation WASHINGTON (AP) ― Federal Reserve officials raised concerns last month that a big jump in energy prices could weaken the eco...