The Korea Herald

LATEST NEWS

Today Defense

No secret plan to turn UN Command into operational headquarters: commander

US Forces Korea Commander Gen. Robert Abrams said Thursday that no secret plan exists to transform the US-led United Nations Command into an operational command, calling such speculation "fake news."The US has been trying to strengthen UNC under what is dubbed a "revitalization campaign," spawning suspicions it could be seeking to keep control of military operations on the Korean Peninsula via UNC even after the transfer of wartime operational control of South Korean forces f

Senior NK military official in Beijing to attend regional security forum

A senior North Korean military official arrived in Beijing on Thursday, apparently to attend a regional security forum to be held next week.Kim Hyong-ryong, the North's vice defense minister, was seen arriving earlier in the day at the Beijing international airport on an Air Koryo flight from Pyongyang.The trip appears aimed at Kim attending Xiangshan Forum, a regional security forum, to be held in Beijing from Sunday through Tuesday. China has held the forum every year since 2014 to counter the

Today
North Korea
Asiana Airlines introduces A350-900 to focus on long-haul flights

Asiana Airlines, the country’s second-largest full-service carrier in terms of sales, has added Airbus’ A350-900 for service to focus on strengthening long-haul flights, the firm said Thursday. The company said it will introduce up to 30 of the A350s by 2025, to increase its competitiveness in operating diversified, mid- and long-distance flight services. The latest introduction of the new A350-900 is the air carrier’s 10th of its kind. The air carrier has been recen

Today
Industry
Samsung ranks 6th in global brand value

Samsung Electronics was ranked sixth among 100 global corporate brands in terms of their value, according to a consulting firm Thursday. The brand value of South Korea’s tech giant was estimated at $61.1 billion this year, increasing from $59.9 billion last year, according to the list of 100 Best Global Brands announced by US-based Interbrand. Its brand value surged 250 percent from $17.5 billion in 2009.Samsung first entered the list of top 10 brands in 2012, and has been rising ste

Today
Technology
KBS cancels plan to broadcast footage of inter-Korean football match

South Korean public broadcaster KBS said Thursday it canceled a plan to broadcast a prerecorded video of this week's inter-Korean World Cup qualifier football match in Pyongyang after its arrival from the North earlier in the day.KBS had earlier said it would consider airing the football footage at 5 p.m. Thursday on KBS 2TV after obtaining a North Korea-produced DVD delivered by the South Korean football squad that returned from Pyongyang early in the day.South Korea and North Korea played to a

Today
Soccer
[Newsmaker] Top court confirms suspended sentence for Lotte chief

South Korea’s top court on Thursday confirmed a suspended sentence for Lotte Group Chairman Shin Dong-bin for his part in a corruption scandal that removed former President Park Geun-hye from power in 2017.The Supreme Court upheld a lower court’s ruling that sentenced Shin to two years and six months, suspended for four years, on charges including bribery, dereliction of duty and embezzlement. Lotte Group said it respects the court’s decision, adding it will do its best to cont

Today
Social affairs
Daily money transfers via mobile payment apps exceed W200b in H1

The value of daily money transfers via mobile payment apps in South Korea surpassed 200 billion won ($168.6 million) in the first half of the year, central bank data showed Thursday, as more people used smartphones for financial services. The value of daily money transfers via smartphone apps, such as Toss, Naver Pay and KakaoPay, stood at 200.5 billion won in the January-June period, up 60.7 percent from six months ago, according to the data by the Bank of Korea. Toss, Naver Pay and KakaoPay ac

Today
Finance
Daewoong’s BTX launches in Canada

Daewoong Pharmaceutical’s wrinkle-removing botulinum toxin Nabota has launched in Canada under the name Nuceiva, the company said Thursday. Marketed outside of Korea by US-based Evolus, Daewoong’s product is the first Korea-made BTX to penetrate the US market. Evolus gained the US Food and Drug Administration’s sales approval for the drug in March and launched it under the name Jeuveau in May. As for the launch in Canada, Park Sung-soo, head of Daewoong’s Nabota bus

Today
Industry
S. Korean, ASEAN officials look ahead to special summit and stronger regional ties

BUSAN -- Ahead of the highly anticipated summit in Busan next month between the leaders of South Korea and the Association of Southeast Asian Nations, top officials from participating countries gathered in the southern port city Wednesday and voiced high expectations for the future of the relationship between South Korea and the ASEAN nations.South Korean Ambassador to ASEAN Lim Sung-nam, ASEAN-Korea Center Secretary-General Lee Hyuk, Busan Mayor Oh Keo-don and Myanmar Ambassador to South Korea

Today
Diplomatic Circuit
S. Korea's vehicle exports fall 4.8% in September

South Korea's vehicle exports fell 4.8 percent in September from a year earlier due to production losses caused by strikes at GM Korea Co., the trade ministry said Thursday. Five passenger and two commercial carmakers in South Korea shipped a combined 171,425 vehicles last month, down from 180,051 a year ago in terms of units, the Ministry of Trade, Industry and Energy said in a statement. "GM Korea suffered over 15,000 units in production losses (in September) as its union went on strike f

Today
Automode
Hyundai Kona named best compact diesel SUV in Europe

Hyundai Motor said Thursday its compact vehicle Kona was named the best diesel SUV model in Europe by an auto magazine in Germany. 　The German publication Auto Bild conducted a comparative evaluation of four compact diesel SUVs currently sold in Europe -- Hyundai Motor’s Kona, Mazda’s CX-3, Ford’s EcoSport and Dacia’s Duster. The four models were assessed across seven categories of body, powertrain, driving dynamic, connectivity, environment, driving comfort and cos

Today
Automode
Cho’s wife grilled amid questions over diagnosis

The wife of former Justice Minister Cho Kuk left the prosecutors’ office around midnight on Wednesday after being questioned over allegations that she forged a document and managed a dubious private equity fund. It was the sixth time prosecutors summoned Chung Kyung-shim, a professor at Dongyang University, for interrogation. She was questioned Oct. 3, 5, 8, 12 and 14.Chung’s lawyers said Tuesday that Chung has been diagnosed with a brain tumor and a cerebral infarction, or stroke. T

Today
Social affairs
Fans, friends bid final farewell to K-pop star Sulli

Fans and fellow K-pop stars bade their final farewells to Sulli as her coffin finally left for her burial early Thursday.The 25-year-old K-pop star and actress, whose legal name was Choi Jin-ri, was found dead at her residence in Seongnam, south of Seoul Monday, sending a shockwave across the country. Before her death, she was suffering from severe depression, according to her close aides.Following a four-day funeral and mourning ceremony at a Seoul hospital, the coffin carrying Sulli left the h

Today
Music
US's Pence and Pompeo head to Turkey seeking ceasefire

WASHINGTON (AFP) -- US Vice President Mike Pence and Secretary of State Mike Pompeo departed for Turkey on Wednesday, seeking to secure a ceasefire in the Turkish invasion of northern Syria."Our mission set is to see if we can get a ceasefire, see if we can get this brokered," Pompeo told reporters on his plane.Pence and Pompeo, who travelled on different planes, were scheduled to hold talks on Thursday with Turkish President Recep Tayyip Erdogan, but Erdogan has said he will not meet

Today
World News
US-China trade mini-deal being 'papered': Trump

WASHINGTON (AFP) -- The partial trade bargain struck last week with China is now being formally put down in writing, US President Donald Trump said Wednesday."It hasn't been papered yet but it is being papered," Trump told reporters at the White House.He insisted that China had already bought $40 to $50 million worth of American agriculture products last week.He reiterated that China committed to greater purchases of US farm exports, and made concessions because of economic pressure by

Today
World News

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114