SOUTH KOREA

S&P: Asia would be hit harder by a second global crisis

IBTimes Logo
A new global financial crisis would hit Asia harder than the last one, especially nations heavily exposed to offshore markets or still repairing budgets from the 2008-2009 crisis, credit ratings agency Standard and Poor's said on Monday.
IBTimes Logo

S.Korea Says Don't Panic After U.S. Rating Cut

South Korean policymakers on Sunday played down any likely impact on the economy following the downgrade in U.S. credit ratings and told local investors not to panic when financial markets reopen.
More news
Samsung

Apple vs. Samsung: The Legal Battle

In one of the world's biggest lawsuits, Apple Inc has sued Samsung Electronics for slavishly copying the 'look and feel' and 'design' of its products iPad tablet and iPhone smartphone. Both Samsung and Apple entered into a legal battle over patent infringement in the month of April 2011. Samsung counter sued Apple in 4 countries in 3 different continents.
IBTimes Logo

Brazil auto market picks up again in July

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.
McAfee

U.S. Questions Cyber-Enemies Blamed in 'RAT' Security Breach, China Silent

A five-year campaign 'Operation Shady RAT' that compromised networks in 72 major organizations around the world, including several governments, ASEAN, IOC and the world anti-doping agency, made news Tuesday. Government agencies in India, South Korea, Taiwan, and the U.S. were attacked, plus high-profile targets like the International Olympic Committee.
Josh Mayeux, network defender, works at the Air Force Space Command Network Operations & Security Center at Peterson Air Force Base in Colorado Springs

"State actor" behind slew of cyber attacks

Security experts have discovered an unprecedented series of cyber attacks on the networks of 72 organizations globally, including the United Nations, governments and corporations, over a five-year period.
IBTimes Logo

North Korean hackers hired to attack South Korea game network

More than 30 North Korean hackers were hired to work in China by a South Korean crime ring to steal the personal data of South Korean gamers, and channeled $5 million to their impoverished country in compensation, South Korea's police said on Thursday.
IBTimes Logo

State actor seen in "enormous" range of cyber attacks

Security experts announced on Wednesday the discovery of an unprecedented series of cyber attacks spanning five years that affected the networks of 72 organizations globally, including the United Nations, governments and corporations.
President Barack Obama and Vice President Joe Biden meet with House Speaker John Boehner and House Majority Leader Eric Cantor in the Oval Office at the White House in Washington

Analysis: Obama suffers political setback in deal

President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussions for his efforts to restore growth to the U.S. economy and win re-election in 2012.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.