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[New on the scene] Director Kim Se-hwi captures dark side of social media in thriller
2 S. Korean players suffer injuries during MLB games
Prosecutors grill pastor in luxury gift case involving first lady
S. Korea to set up over W10tr program to support chip industry
S. Korean police arrest suspect behind murder of Korean tourist in Pattaya
Seoul shares open higher amid mixed signals for US rate cut
FM Cho says he will have 'frank, in-depth' talks with Wang
[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older
[Yoo Choon-sik] Promises for living cost problems
[Ken Taylor] Reshaping the discourse on heritage
[Editorial] Simplify property taxes
N. Korea expresses full support for Palestinian UN membership
Afghanistan floods devastate villages, killing 315
1 passenger dies after falling overboard on cruise ship
[Herald Interview] Sculptor inspired by childhood friend nature
LG Electronics CEO offers to pay $1m salary to top AI talents
Hybe-Ador CEO conflict gets messier
[Contribution] Korea should prioritize innovation, not misguided platform regulation
Battery makers ramp up efforts to diversify graphite supply chain
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Portugal reaches bailout deal with EU
May 4, 2011
Officials say bailout to be worth $115 billion over 3-year periodLISBON, Portugal (AP) ― Hard-up Portugal has negotiated an international bailout worth 78 billion euro ($115 billion) over a three-year period, officials said Tuesday.A government official, speaking on departmental rules of anonymity, told the Associated Press the amount includes aid for Portugal’s cash-strapped banks. The official d
Buffett says mistakes were made in handling Sokol
May 1, 2011
OMAHA, Nebada (AP) ― Berkshire Hathaway’s annual meeting on Saturday was dominated by somber topics, as Warren Buffett explained to roughly 40,000 shareholders how the company had been battered by a trusted former employee’s misdeeds and a string of natural disasters.Buffett assured the crowd at an Omaha convention center that Berkshire is strong enough to withstand both the David Sokol scandal an
Microsoft Windows sales slip
Apr 29, 2011
U.S. economic growth slows, inflation surges
Apr 29, 2011
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.Ending a two-day meeting, the Fed made no changes to the program. The decision was unanimous. The bond purchases were intended to lower loan rates, encouraging spending and boost stock prices. But critics w
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 more borrowers were able to keep up with their debt payments.The New York bank said Monday that it earned $3 billion, or 10 cents per share, compared with $4.4 billion, or 15 cents a share in the first
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. Foreign investments added $12.5 billion to China’s economy, the Ministry of Commerce said in a statement in Beijing Tuesday. Investments increased at an annual rate of 29 percent in the first quarter. China’
Geithner confident Congress will raise debt limit
Apr 18, 2011
Treasury secretary says Republicans agreed to increase the $14.3 trillion ceilingWASHINGTON (AP) ― Treasury Secretary Timothy Geithner says Republican leaders have privately assured the Obama administration that Congress will raise the government’s borrowing limit in time to prevent an unprecedented default on the nation’s debt.But a top Republican quickly pushed back Sunday and said there was no
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 and joblessness.Finance ministers of leading economies and development bank heads discussed ways to help Egypt, Tunisia and other regional economies rebuild, as the annual spring meetings of the World
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 loomWASHINGTON (AP) ― Congress sent President Barack Obama hard-fought legislation cutting a record $38 billion from federal spending on Thursday, bestowing bipartisan support on the first major compromise between the White House and newly empowered Republicans in Congress.“Welcome to divided government,” sai
Obama proposes $4tr in deficit cuts
Apr 14, 2011
U.S. president pitches spending cuts, laying down markers for 2012 campaignWASHINGTON, D.C. (AP) ― President Barack Obama coupled a call for $4 trillion in long-term deficit reductions with a blistering attack on Republican plans for taxes, Medicare and Medicaid on Wednesday, laying down markers for a roiling debate in Congress and the 2012 presidential campaign to come.Obama said spending cuts an
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Controversy rekindled over when to name criminals, suspects
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[Weekender] Pet food makers bet big on ‘recession-free’ pet food market
Hybe-Ador CEO conflict gets messier
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Battery makers ramp up efforts to diversify graphite supply chain
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‘Monk’ DJ spreading Buddhism goes global
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[Drama Tour] Romantic trip to ‘Queen of Tears’ filming spots
Court's ruling set to shape path of medical school expansion
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