KELLY OLSEN

AP Business Writer
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Samsung seeking to block sale of new iPhone 4S

Samsung said it will file court injunctions in France and Italy seeking to block the sale of Apple's latest iPhone amid an intensifying patent fight between the smartphone giants.

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Samsung grows ever bigger, but icon status elusive

If you own a consumer electronics gadget, there's a good chance something from Samsung makes it tick.

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Nicklaus: Tiger can still win 18 or more majors

Jack Nicklaus said Tiger Woods can still beat his record of 18 major championships — provided he can stay in control of his mental game.

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Asian stocks higher ahead of Fed meeting outcome

Asian stocks were mostly higher Wednesday as investors fearful of a debt implosion in Europe held onto hopes that the Federal Reserve will announce measures to jolt the U.S. economy.

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South Korea's inflation rate hits three-year high

South Korea's monthly inflation rate rose to its highest level in three years in August as price gains accelerate despite a series of interest rate hikes and slowing economic growth.

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SKoreans sue Apple over iPhone user information

A group of some 27,000 South Koreans is suing Apple for $26 million for what they claim are privacy violations from the collection of iPhone user location information.

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South Korea confident it can beat financial storm

When it comes to weathering economic storms, South Koreans can rightly claim more familiarity than most with the harrowing experience of seeing hard-won prosperity evaporate.

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Red Cross: Floods hit North Korean province hard

More than 4,700 homes in one North Korean province were destroyed or damaged by extensive flooding spawned by torrential rains in late July, according to a Red Cross report.

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SKorea fines Apple over iPhone data collection

South Korea's communications regulator fined Apple's local operation 3 million won ($2,830) for what it says is the illegal collection of iPhone user location information.

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SKorean central bank buys gold after long hiatus

South Korea's central bank has purchased gold for the first time since the Asian financial crisis more than a decade ago as it seeks to diversify the country's increasing pot of foreign reserve holdings.

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South Korea consumer inflation accelerates in July

South Korea's inflation rate accelerated for a second straight month in July as rising prices defy a series of central bank interest rate increases.

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Samsung second quarter profit slides 18 percent

Samsung's net profit slid 18 percent in the second quarter as weakness in semiconductors and liquid crystal displays countered the electronics giant's growing strength in smartphones.

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LG Electronics 2Q net profit plunges, sales fall

LG Electronics, a top global manufacturer of mobile phones and flat-screen TVs, said second-quarter net profit plunged as sales declined and its mobile phone business remained in the red.

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Samsung LED seeks US import ban on Osram products

A Samsung unit is raising the ante in a patent dispute with a German rival over energy-saving LED lighting amid intensifying legal disputes among global companies jockeying for supremacy in key consumer technologies.

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SKorean lawyer wages privacy fight against Apple

A South Korean lawyer who is an avid user of the iPhone is waging a privacy battle against Apple Inc. over the device's tracking capabilities.

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Samsung sets Galaxy S II's US rollout for August

Samsung plans to roll out its top line Galaxy S II smartphone in the United States next month.

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Samsung says 2nd-quarter operating profit fell

Samsung Electronics' profitability slumped in the second quarter as strong performance in fast-growing smartphones could not overcome weakness in liquid crystal displays.

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SKorea finance chief worries about inflation, debt

Inflation, rising household debt and troubles in part of the banking sector are among factors weighing on South Korea's rapid economic recovery from the global financial crisis, the country's new finance minister said Wednesday.

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Amid scandals, SKorea frets graft will hinder rise

Allegations of multibillion dollar fraud at banks and revelations by South Korea's top business conglomerate of shady dealings are forcing the country to grapple anew with a legacy of deep-seated corruption.

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Korean Air takes first A380 on special flights

Korean Air showed off its first Airbus A380, outfitted with a unique full business class upper deck, in a pair of special flights Thursday, a day before the launch of regular international service.

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Looted Korean royal books get colorful welcome

South Korea celebrated the return of nearly 300 royal books looted by French soldiers in the 19th century with solemn ceremonies Saturday bringing alive the color and pageantry of a bygone royal age.

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Bank of Korea hikes interest rate to 3.25 percent

South Korea's central bank raised its key interest rate for the fifth time in less than a year as it keeps up a battle against inflation amid solid economic growth.

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Samsung files LCD complaints against Taiwan's AU

Samsung Electronics launched legal actions against Taiwan's AU Optronics Corp. over alleged patent infringement in liquid crystal displays and vowed to protect the fruits of its investments in research and development.

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SKorea's Ticket Monster acquires Malaysian site

Fast-growing South Korean daily deal website Ticket Monster has acquired a Malaysian company in the first move of its expansion to other countries in Asia.

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Disasters challenge plans to reinvent Japan Inc.

Before disaster struck, Japan's leaders were vowing to counter the prospect of long-term economic decline with a new spirit of engagement with the rest of the world.

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