The Korea Herald

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...
‘Inflation ...rising in Asia, emerging economies’

Mar 3, 2011

WASHINGTON (AFP) ― A top International Monetary Fund official expressed concern Wednesday about overall inflation in emerging countries beyond the current spike in food and commodity prices. Naoyuki...
Middle East unrest could push oil over $140: Roubini

Mar 3, 2011

Nouriel Roubini, an economist who predicted the credit-market collapse, said an expansion of troubles in the Mideast could push oil prices as high as $140 to $150 per barrel, triggering a double-dip ...
Portugal to get EU rescue this month

Mar 3, 2011

Portugal will accept a financial bailout “within the next few weeks” as the cost of issuing debt becomes unsustainable, said Axa Investment Managers, which oversees $714 billion in assets. “The borr...