The Korea Herald

Canada arrests CFO of China’s Huawei Technologies

Dec 6, 2018

TORONTO (AP) — Canadian authorities said Wednesday that they have arrested the chief financial officer of China’s Huawei Technologies for possible extradition to the United States. China demanded he...
China gets US tariff delay but movement on tech unclear

Dec 4, 2018

BEIJING (AP) — Buy more US exports? Done. Tinker with technology tactics that irk Washington and other trading partners? Maybe. But scrap those plans, seen by Beijing as a path to prosperity and infl...
World waits to see if Trump-Xi dinner brings trade peace

Dec 2, 2018

BUENOS AIRES, Argentina (AP) — Table talk at President Donald Trump’s dinner meeting Saturday with Chinese leader Xi Jinping will undoubtedly have a global impact. What they agree on — or don’t — wi...
Stock markets downbeat after Trump Brexit, China comments

Nov 27, 2018

LONDON (AFP) -- Stock markets largely headed south once more Tuesday with traders on edge after US President Donald Trump warned he would ramp up his trade war with China should he fail to reach a de...
Trump says he expects to raise China tariffs: Wall Street Journal

Nov 27, 2018

WASHINGTON (Reuters) - US President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from the current 10 percent and repeate...
[Newsmaker] GM to lay off up to 14K workers, close as many as 5 plants

Nov 27, 2018

DETROIT (AP) — General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autono...
Nissan board to vote on Ghosn's dismissal

Nov 22, 2018

The fate of Nissan's disgraced Carlos Ghosn as chairman of the Japanese car giant is set to be decided Thursday when board members meet to vote on his dismissal, days after the tycoon's arrest for fi...
Renault board: Ghosn to remain CEO while detained in Japan

Nov 21, 2018

PARIS (AP) — Carlos Ghosn will remain chairman and CEO of Renault despite being detained in Japan on allegations he misused assets of partner Nissan Motor Co. and under-reported millions of dollars i...
[Graphic News] India to see highest GDP growth rate in Asia

Nov 20, 2018

The Asian Development Bank projected that India would see the highest gross domestic product growth rate in Asia in 2018 at 7.3 percent, though this is lower than the nation's growth rate of 6.7 per...
Flagging Victoria’s Secret announces new lingerie CEO

Nov 20, 2018

NEW YORK (AFP) -- US lingerie giant Victoria’s Secret announced Monday that it had appointed fashion executive John Mehas as new lingerie CEO, hoping to boost its ailing fortunes. Mehas will take ov...
New tech regulation 'inevitable,' Apple CEO says

Nov 20, 2018

WASHINGTON (AFP) -- Apple CEO Tim Cook predicts that new regulations of tech companies and social networks to protect personal data are "inevitable." In an interview with news website Axios being br...
[Newsmaker] Auto titan Ghosn under arrest, faces ouster at Nissan

Nov 20, 2018

Nissan chairman Carlos Ghosn faces being fired this week after being arrested in Japan over allegations of financial misconduct, the firm said Monday, in a stunning fall from grace for one of the wor...
At what cost? Debate swirls on 'giveaways' after Amazon HQ deal

Nov 19, 2018

As the winners of the biggest corporate prize in decades -- the new Amazon headquarters -- relished their victory, debate was still raging over the billions of dollars in incentives offered to attrac...
Italy sticks to budget in high-stakes EU standoff

Nov 14, 2018

ROME (AFP) -- Italy's populist government defied the European Commission Tuesday by sticking to its big-spending budget plan, risking financial sanctions in a high-stakes standoff with Brussels. Des...
‘US, China talking trade at all levels’

Nov 14, 2018

The US and China have resumed contact “at all levels” over trade ahead of a planned meeting between President Donald Trump and China’s Xi Jinping, White House economic adviser Larry Kudlow said. The...