The Korea Herald

SoftBank bailout would give it control of WeWork: sources

Oct 17, 2019

NEW YORK (AFP) -- Japan's SoftBank Group has prepared a financing plan that would give it control of WeWork as the office sharing startup seeks badly- needed financing, sources told AFP Monday. The ...
Just hours left to secure a Brexit deal before EU summit

Oct 15, 2019

Britain must reach a Brexitagreement with the EU by the end of Tuesday so it can beapproved at a leaders‘ summit this week, the bloc’s officialsand diplomats said, otherwise Britain‘s scheduled depar...
[Graphic News] New York world’s top financial center

Oct 14, 2019

New York has extended its lead as the world’s top financial center, with London barely holding on to second place ahead of Hong Kong, as uncertainty over Brexit takes its toll on the UK capital, a Z...
[Graphic News] Tether becomes most used cryptocurrency in world

Oct 13, 2019

What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70 percent of all the digital-asset world’s market value, you’re probably wrong. While concr...
[Graphic News] Property bubble risks in EU rise

Oct 8, 2019

The risk of a property bubble in the eurozone surged last year as ultralow interest rates helped drive up house prices. Munich is now the city most vulnerable to a property bubble, according to UB...
[Graphic News] Biggest buyers of Saudi Arabian oil

Sept 22, 2019

Yemen’s Iran-aligned Houthi group last week attacked two plants at the heart of Saudi Arabia’s oil industry in a strike that could impact about 5 million barrels per day of crude production - close ...
Wall Street slides a day after Fed rate cut

Sept 20, 2019

NEW YORK (AFP) -- US stocks went nowhere on Thursday as investors lost their appetite in afternoon trade, a day after the US central bank delivered a widely expected shot of stimulus. At the close, ...
[Graphic News] Aramco is the biggest oil firm in the world

Sept 18, 2019

Drones attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco last weekend. Aramco is the biggest energy company in the world. It prod...
Trade war cited as cause for 10,000 layoffs in US in August: report

Sept 5, 2019

WASHINGTON (AFP) -- The pace of downsizing at American companies surged last month, with more than 10,000 job cuts blamed on “trade difficulties” alone, according to figures released Thursday. Emplo...
US, Poland sign joint document on 5G technology cooperation

Sept 2, 2019

The US and Poland signed an agreement on Monday to cooperate on new 5G technology amid growing concerns about Chinese telecommunications giant Huawei. Vice President Mike Pence and Polish Prime Mini...
Trump claims serious trade negotiations with China to begin

Aug 26, 2019

BIARRITZ, France — President Donald Trump, facing pressure to scale back a US-China trade war contributing to a global economic slowdown, claimed Monday that serious talks will begin soon although an...
[Graphic News] China world’s No. 1 rare earth producer

Aug 26, 2019

Vital for smartphone screens, electric vehicle batteries and wind turbines alike, rare earths are highly sought after. These metals and elements have become indispensable for many advanced industr...
[Graphic News] Samsung No. 2 patent holder in US in 2018

Aug 21, 2019

Samsung Electronics ranked second in terms of the number of patents filed in the United States last year, a report by a US patent association showed. Samsung registered 5,836 patents in the US la...
[Graphic News] Korea's coal consumption up in 2018, bucks global trend

Aug 20, 2019

South Korea’s coal consumption increased last year, bucking the global trend for reducing carbon emissions, a report showed. South Korea consumed 88.2 million tons of oil equivalent, a unit of ene...
[Graphic News] S. Korea’s electronics output ranks 3rd in 2018

Aug 5, 2019

South Korea’s electronics output was the world’s third largest in terms of value last year thanks to brisk sales of memory chips, an industry report showed. The total production of the electronics...