Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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Jobs’ death turns eyes on $76b cash
A woman leaves a post-it note at a memorial for Steve Jobs, outside an Apple store in Palo Alto, California. (Bloomberg)At a meeting with Apple Inc. finance chief Peter Oppenheimer this year, investor Kishore Rao asked the company to tap its billions in cash to pay a dividend. Oppenheimer had heard
Oct. 10, 2011
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Merkel, Sarkozy reach agreement on bank sector
BERLIN (AP) -- The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector.German Chancellor Angela Merkel says she and French President Nicolas Sarkozy ``are determined to do the necessary to ensure the reca
Oct. 10, 2011
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France, Belgium, Luxembourg agree on Dexia plan
BRUSSELS (AP) -- The governments of France, Belgium and Luxembourg said Sunday they had approved a plan for the future of embattled bank Dexia, but they offered no details.In a three-sentence statement issued by the Belgian prime minister's office, they said they supported a proposal by the bank's m
Oct. 10, 2011
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Greece expects $27b solar project
Greece’s Energy Minister George Papaconstantinou said he expects an agreement by the end of the year that will advance a 20 billion-euro ($27 billion) solar power project, part of an initiative to boost the economy. Papaconstantinou said he plans to sign a pact with European Union officials and rene
Oct. 9, 2011
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Chinese automaker to build plant in Brazil
SAO PAULO (AFP) ― Chinese automaker JAC Motors said Friday it will invest $500 million to build a factory in Brazil’s northeastern Bahia state, its first outside China.The factory, slated to open in 2014, will have the capacity to produce 100,000 units, Jianghuai Automobile Co. said in a statement.
Oct. 9, 2011
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Smartphone war pauses as world mourns Steve Jobs
SAN FRANCISCO (AFP) -- The launch of a hot new Google smartphone was delayed as the world mourned the loss of legendary Apple co-founder Steve Jobs and sales began of the latest iPhone.Unconfirmed word also spread that a private funeral was taking place for Jobs, who died Wednesday at the age of 56
Oct. 9, 2011
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Dow, Saudi firm sign $20b deal
Oct. 9, 2011
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UAW summons leaders; may signal Chrysler deal
DETROIT (AP) ― The United Auto Workers has asked local union leaders from Chrysler factories to meet in Detroit, normally a sign the union has agreed to a new contract with an automaker.UAW spokeswoman Michele Martin confirmed that union leaders will meet on Monday. She said negotiations for a labor
Oct. 9, 2011
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Private funeral held for Jobs
SAN FRANCISCO (AP) ― The Wall Street Journal is reporting that the funeral for Apple co-founder Steve Jobs is being held Friday.The newspaper cited an unnamed person familiar with the matter. The person described the ceremony as a small private gathering. The person would not say where or when Frida
Oct. 9, 2011
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H.K. student’s Apple tribute is Internet hit
HONG KONG (AFP) ― A Hong Kong design student said Friday he was overwhelmed and felt “unreal” after his somber logo in tribute to Apple founder Steve Jobs caused a worldwide Internet sensation.The design, featuring Jobs’ silhouette incorporated into the bite of a white Apple logo on a black backgrou
Oct. 9, 2011
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Moody’s downgrades a dozen U.K. banks‘
LONDON (AP) -- Moody’s Investors Service has downgraded the debt ratings of a dozen British banks because of doubts over the strength of the government’s support.Moody’s said Friday that the downgrades include a two-notch downgrade to “A2” for government-controlled Royal Bank of Scotland, and a one-
Oct. 7, 2011
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BOE mulls extra stimulus measures
LONDON (AP) ― The Bank of England surprised markets Thursday by sanctioning another 75 billion pounds ($116 billion) injection into a British economy that’s suffering from the shockwaves of Europe’s debt crisis and the British government’s austerity program.The Bank’s rate-setting Monetary Policy Co
Oct. 7, 2011
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ECB leaves interest rates unchanged
BERLIN -- The European Central bank left interest rates unchanged on Thursday, holding off on a step many economists think the eurozone's chief monetary authority will eventually take by year-end to support a weakening economy.Markets waited for bank head Jean-Claude Trichet's last news conference t
Oct. 6, 2011
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Asian tech giants remember Jobs as ‘leading light’
HONG KONG (AFP) -- Asia‘s technology giants paid tribute to Steve Jobs on Thursday, with Sony and Samsung hailing the late Apple co-founder as the leading light of the digital age and an inspirational entrepreneur.Fans in tech-savvy Japan and Singapore held silent prayers at Apple stores while in Ch
Oct. 6, 2011
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Steve Jobs legacy reaches far beyond Apple
Steve Jobs was once known as the man who saved Apple computers. He will be remembered as one of the rare few who changed the world.Jobs guided Apple from the brink of financial ruin to a lofty place among the world’s most valuable companies before his death on Wednesday.But thinking of Jobs merely a
Oct. 6, 2011
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10 products that defined Steve Jobs‘ career
NEW YORK (AP) -- Steve Jobs had no formal schooling in engineering, yet he’s listed as the inventor or co-inventor on more than 300 U.S. patents. These are some of the significant products that were created under his direction:1. Apple I (1976) -- Apple’s first product was a computer for hobbyists a
Oct. 6, 2011
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Jobs tributes light up iPhones, iPads and Twitter worldwide
CHICAGO (AP) ― There’s no makeshift memorial or candlelight vigil for Steve Jobs at the Apple Store in downtown Chicago. The tributes and condolences are in tweets and news alerts pulsing through the iPhones, iPads and laptop computers inside.One customer visiting from Ireland says he heard the news
Oct. 6, 2011
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American Airlines faces turbulent ride
NEW YORK (AP) ― American Airlines’ CEO is proud that his company, unlike its biggest rivals, avoided the bankruptcy process to remake itself. Investors aren’t so sure.As the economic outlook darkens, the airline industry is bracing for trouble. Among the biggest U.S. carriers, American has the most
Oct. 5, 2011
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Ford to pay workers $6,000 bonus in new contract
DETROIT (AP) ― The union that once set the gold standard for American wages is giving up pay raises in exchange for a piece of the auto industry’s profits and the promise of thousands of new jobs.Under agreements struck with Ford and General Motors, most of the companies’ factory workers will get pr
Oct. 5, 2011
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Sprint gets iPhone, evens odds against AT&T, Verizon
Sprint Nextel Corp., the third- largest U.S. wireless operator, struck a deal to offer Apple Inc.’s latest iPhone, joining rivals AT&T Inc. and Verizon Wireless in selling the device. Sprint will begin selling the iPhone 4S on Oct. 14 along with its competitors. The iPhone 4S uses two antennas to im
Oct. 5, 2011
