Tada executives acquitted

　The Seoul Central District Court on Feb. 19 found Socar CEO Lee Jae-woong and VCNC CEO Park Jae-wook not guilty of violating transportation laws with its ride service strongly opposed by the taxi industry. Socar is the parent of VCNC, which runs Tada, a 11-seat van-hailing mobile app service. 　The court said in a ruling that Tada is seen as an “innovative mobility business” that cannot be categorized based on the existing transportation business frame. 　“Tada service is ope

Meet the ‘3 Bs’ behind South Korea’s soft power

　In 2012, Psy’s “Gangnam Style” made the world do the horse dance and proved that South Korean cultural content could go beyond East Asia and even spread to other continents. Fast forward to 2019, and the country with a population of 51 million is a cultural powerhouse -- with its artists and cultural content not only stealing the hearts of global audiences but winning international acclaim. The proof? Here are three Bs that hail from Korea.  　 　 　Bong Joon-ho 　 Bong J

Investment firms act to reap windfalls from ‘Parasite’ boom

South Korean investment houses are moving to reap windfalls from listed companies here involved in the production of Oscar-winning film “Parasite.” 　As the shares of producer Barunson E&A and its affiliate saw a strong upshot over the past week, investors in the firms’ mezzanine instruments are exercising options to convert them into shares to boost valuation in their asset holdings and seek an easier exit opportunity. 　Winasia Partners, a Seoul-based private equity firm

[From the Scene] Galaxy S20, Z Flip attract aspiring tech leaders in Silicon Valley

PALO ALTO, California -- After the Galaxy S20 and Z Flip phones were unveiled in San Francisco on Tuesday, aspiring tech leaders studying and working in Palo Alto, the heart of Silicon Valley, flocked to a Samsung shop in the area. 　Samsung Experience Store in Stanford Shopping Center saw its visitor traffic surge about 80 percent on the day of the “Unpacked” event compared with usual Tuesdays, owing to display shelves spruced up with new devices. 　Opened in December, it is one of

Baritone comes full circle in ‘Barber of Seville’

Baritone Kim Ju-taek, also known as Julian Kim, is a singer recognized beyond the Italian opera scene, even by non-classical music audiences in Korea. Kim is to perform in opera concert “Barber of Seville” in March, as part of art management agency Arts&Artists’ opera concert series.　 He is exceptionally attached to the opera piece as he made his official debut as Figaro in “Barber of Seville” at Teatro G.B. Pergolesi in Jesi, Italy in 2009, Kim, 33, said. &

The control engineer out to switch cancer off

Kaist researcher’s systems approach shows promise in quest to stop cancer cells multiplying

Web-serial writer Lee Nak-joon juggles three jobs

Lee Nak-joon, 35, balances three jobs -- web-serial writer, YouTuber and ear, nose and throat specialist. “At first I did not have much problems. I write fast. It usually takes around an hour and a half for me to write one episode (for my daily update). For YouTube, I only spent around 15 minutes shooting a video that is around 10 minutes,” Lee said in an interview with The Korea Herald. It became tougher to manage last year after his web serial “Trauma Center: Golden Hour&

Floating festival in middle of ocean

Cruise EDM party ‘It’s the Ship’ set for first voyage from Busan

Samsung chips vs. SK hynix chips: How do they fare against each other?

The Korea Herald looks at advancements in chip manufacturing technologies, past and present

Recruitment of new faces remains key task for merged conservative party

After three years of disarray, conservatives managed to forge a united front to counter the main liberal force of the ruling party, boosting their chances in the upcoming general elections. The question, however, remains. Will the newly formed Party for Future Integration be able to recruit new talent and extend its support base beyond diehard conservative voters? The new bloc was born Monday through the merger of the largest opposition Liberty Korea Party, the New Conservative Party and

Korea’s household debt surges 100% in a decade

Key rate still set at all-time low of 1.25% since Oct. 2019

Succession at CJ slow but remains on track

Preferential stocks, M&A used to minimize tax while transferring ownership