The Korea Herald

Japan feeds more money to banks

Mar 15, 2011

Bank of Japan injects another $61.2 billion into financial system TOKYO (AP) ― Japan’s central bank pumped another $61.2 billion into the financial system Tuesday to quell fears that the country’s b...
iPhone clock bungles time change, again

Mar 14, 2011

NEW YORK (AP) ― It’s hard enough to get your bearings when the time changes twice a year. It’s all but impossible when your phone starts playing tricks on you, too. Users of Apple’s iPhone peppered ...
Japan central bank to inject $183 billion

Mar 14, 2011

TOKYO (AP) -- Japan's central bank says it is injecting a record 15 trillion yen ($183.8 billion) into money markets to stabilize the financial system after a devastating earthquake and tsunami. Th...
Tokyo power utility holds off on power cuts

Mar 14, 2011

TOKYO (AP) _ Japan's top government spokesman says Tokyo Electric Power has held off on imposing rolling blackouts, but is calling for all to try to limit electricity use. Chief Cabinet Secretary Yu...
3 injured, 7 missing in blast at Japan nuke plant

Mar 14, 2011

TOKYO (AP) _ Tokyo Electric Power Co. says three workers have been injured and seven are missing after an explosion at the stricken Fukushima Dai-ichi nuclear plant. Japan's chief cabinet secretary ...
[Japan Quake] Japan stocks plunge 1.72% on quake, global worries

Mar 11, 2011

TOKYO (AFP) - Japanese shares plunged 1.72 percent on Friday, falling sharply in the closing minutes of trade after the country was hit by a massive earthquake and tsunami. The Nikkei index of the T...
With iPad 2, Apple one-ups itself

Mar 10, 2011

SAN FRANCISCO (AP) ― With the original iPad, Apple brought an attractive, easy-to-use tablet computer to the masses at a reasonable price ― a feat numerous companies are trying to top. With Friday’s...
U.N. food expert urges trading regulation

Mar 9, 2011

GENEVA (AFP) ― The U.N. expert on food rights Tuesday urged regulation of agriculture commodities trading to stop a speculative bubble that is artificially helping to drive up food prices. Olivier D...
China may deflect pressure with smaller surplus

Mar 9, 2011

China may deflect international pressure for faster yuan appreciation by reporting the nation’s smallest trade surplus in 10 months tomorrow. The excess was $4.9 billion in February, from $6.5 billi...
OPEC to lift output as oil crisis deepens

Mar 8, 2011

Members joining Saudi Arabia in raising production to allay fears of supply crunch in West Oil’s march towards $120 a barrel sparked a frantic day across financial markets, as OPEC members prepared ...
Microsoft to pay Nokia more than $1b in deal

Mar 8, 2011

Microsoft Corp. will pay Nokia Oyj more than $1 billion to promote and develop Windows-based handsets as part of their smartphone software agreement, according to two people with knowledge of the ter...
Japan launches ‘Hayabusa’ bullet train

Mar 6, 2011

TOKYO (AFP) ― Japan’s latest bullet train, the thin-nosed “Hayabusa” or Falcon, made its 300 kilometer per hour debut, boasting a luxury carriage modeled on airline business class. Japan has built u...
Oil prices settle at highest level since 2008

Mar 6, 2011

Fighting in Libya pushes oil prices above $104 per barrel NEW YORK (AP) ― Oil prices rose past $104 a barrel to end the week at a 29-month high, as fighting in Libya intensified and the world’s larg...
Obama agrees on further budget cuts

Mar 6, 2011

WASHINGTON (AP) ― President Barack Obama says he’s willing to make deeper spending cuts if Congress can compromise on a budget deal that would end the threat of a government shutdown. Obama’s appeal...
Apple to talk on unlimited downloads of bought music

Mar 6, 2011

Apple Inc. is in talks with record companies to give iTunes music buyers easier access to their songs on multiple devices, three people with knowledge of the plans said. Apple is negotiating with mu...