Lee Hyori to corner Lady Jane on dating rumors on ‘Magic Eye’

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Apple said to team up with Visa, MasterCard on iPhone wallet

Apple Inc. plans to turn its next iPhone into a mobile wallet through a partnership with major payment networks, banks and retailers, according to a person familiar with the situation. The agreement i...

Updated : 2014.09.01 20:30

Iliad in talks with buyout firms on new bid for T-Mobile

Billionaire Xavier Niel’s Iliad SA is talking to private-equity firms about teaming to make an improved offer for Deutsche Telekom AG’s T-Mobile U.S. Inc. unit, according to people familiar with the...

Updated : 2014.09.01 20:29

New village toilets a small step for poor Indian women

KATRA SHAHADATGANJ, India (AFP) ― Decorated with marigolds and ribbons, 108 toilets unveiled in a tragedy-hit village are a small step in Prime Minister Narendra Modi’s push to end open-air defecation for impoverished Indian women.The spotlessly clean toilets were donated on Sunday to th...

Updated : 2014.09.01 20:28

Dubai Mall developer Emaar to list on stock market

DUBAI (AP) ― Emaar Properties, the developer behind one of the world’s largest shopping malls and the world’s tallest tower, said Sunday it will launch an initial public offering for part of its retail business in Dubai next month.The Dubai-based developer said in a statement that it ex...

Updated : 2014.09.01 20:28

China’s Alibaba plans IPO next week: report

NEW YORK (AFP) ― Chinese e-commerce giant Alibaba plans to hold its initial public offering on the U.S. stock market the week of Sept. 8, the Wall Street Journal reported Saturday, citing a person fa...

Updated : 2014.08.31 20:51

Brazil falls into recession

BRASILIA (AFP) ― Brazil, Latin America’s largest economy, has slid into recession, further weakening President Dilma Rousseff, who faces an increasingly tough reelection battle on Oct. 5.GDP shrank ...

Updated : 2014.08.31 20:50

IMF expresses confidence in Lagarde

IMF chief Christine Lagarde. (Bloomberg)WASHINGTON (AP) ― The executive board of the International Monetary Fund expressed confidence Friday in IMF Managing Director Christine Lagarde after receiving...

Updated : 2014.08.31 20:49

IMF OKs $1.4b aid payment for Ukraine

WASHINGTON (AFP) ― The International Monetary Fund approved Friday the release of nearly $1.4 billion in fresh funds for troubled Ukraine, but warned that continued fighting could undermine the international bailout of the country.The global crisis lender said Kiev had “generally” imple...

Updated : 2014.08.31 20:48

Tesla, Chinese firm plan 400 charging stations

Tesla Motors and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.Plans call for China Unicom Ltd. to provide space for construction and basic services in 120 citi...

Updated : 2014.08.29 18:36

Malaysia Airlines loss nearly doubles on MH370 impact

KUALA LUMPUR, Malaysia, 2014 (AFP) - Crisis-stricken Malaysia Airlines said Thursday its second-quarter loss nearly doubled as the loss of flight MH370 spurred a decline in bookings, warning the red ink would accelerate as the year wears on.The flag carrier said it posted a 305.7 million r...

Updated : 2014.08.28 21:46

[Newsmaker] IMF chief faces French corruption probe

PARIS (AP) ― Christine Lagarde, the chief of the International Monetary Fund, was put under official investigation for negligence in a French corruption probe that dates back to her days as France’s...

Updated : 2014.08.28 20:46

[Newsmaker] Burger King merger fans tax dispute

NEW YORK (AFP) ― Burger King is buying Canada’s Tim Hortons coffee-and-donuts chain in an $11 billion deal that raised concerns about another U.S. company moving abroad for tax advantages.Burger Kin...

Updated : 2014.08.27 21:05

[Graphic News] Half of criminals who fled overseas still at large

More than half of criminal suspects who fled Korea to escape punishment are still at large, according to a Justice Ministry report released by Rep. Lee Sang-min of the main opposition New Politics All...

Updated : 2014.08.27 21:03

S&P 500 touches another milestone

The U.S. stock market notched another first on Monday as the Standard & Poor’s 500 index nudged briefly past the 2,000-point mark and closed with its second record high in a week.The move was the lat...

Updated : 2014.08.26 20:46

Israel manufacturers urge EU against trade boycott

JERUSALEM (AFP) ― The head of Israel’s manufacturers’ association has urged his European counterparts not to boycott Israeli businesses, warning that such a move could hit Palestinians as well, in a letter seen Monday.The open letter to European industry leaders comes a week before Isra...

Updated : 2014.08.26 20:46