The Korea Herald

Mirae Asset chairman donates W25b in decade

MarketsMar 31, 2020

South Korea’s Mirae Asset Financial Group said Tuesday that Chairman Park Hyeon-joo has donated his dividends for 10 years in a row -- amounting to 25 billion won ($20.5 million). In 2019, as a shar...
Gasoline prices dip to 1-year low

EconomyMar 31, 2020

Amid plunging crude oil prices, the nation’s gasoline retail prices dipped below 1,400 won ($1.15) per liter, the lowest level in a year, industry data showed Tuesday. As of March 30, nearly 12,000 ...
Hyundai Motor to open mobility innovation center in Singapore by 2022

TransportMar 31, 2020

Hyundai Motor Group said Tuesday that it would open a mobility innovation center in Singapore to focus on developing and producing future mobility solutions by 2022. The automaker’s new global lab c...
Demand for Isu Chemical’s ingredient spikes in Europe

IndustryMar 31, 2020

Domestic chemical firm Isu Chemical said Tuesday it is ramping up production of a hand sanitizer ingredient as demand is soaring in Europe. The company manufactures isopropyl alcohol -- a vital ingr...
Foreigners extend stock selling streak to 19th straight session

MarketsMar 31, 2020

Foreign investors on Tuesday continued to sell local stocks for the 19th consecutive session amid the coronavirus scare, data showed, with offshore investors offloading a net 72.8 billion won ($59.7 ...
New AI thriller to be launched exclusively on YouTube

TelevisionMar 31, 2020

Each episode of “AI Her,” around 20 minutes in length, will be set inside the same universe but unfold with tales of different characters. The first three episodes will be revealed on the Newplus Or...
Boryeong quarantines overseas arrivals at forest cottages

Social affairsMar 31, 2020

Travelers from abroad entering Boryeong, South Chungcheong Province, are being quarantined at a forest retreat site, the city government said Tuesday. “Considering that a high ratio of people from o...
Virus forces schools to go virtual, but many are still unprepared

Social affairsMar 31, 2020

Schools to start offering online classes April 9, college admission schedules delayed
Culture Ministry rolls out financial aid amid coronavirus spread

CultureMar 31, 2020

Since the coronavirus outbreak, Culture Minister Park Yang-woo has been busy visiting different facilities to hear rising concerns and difficulties that artists are facing. Following this, the Cultu...
S. Korea to step up TB screening of foreigners

Social affairsMar 31, 2020

South Korea is to implement stricter screening of foreigners with multidrug-resistant tuberculosis to prevent any inflow of the infectious disease, Korea Centers of Disease Control said Tuesday. Eff...
Seoul stocks spike over 2% on stimulus hopes

MarketsMar 31, 2020

South Korean stocks closed sharply higher Tuesday, extending earlier gains on hope for massive economic stimulus measures in major economies, such as China and the United States, to minimize the fall...
North Korea ‘photoshopped’ latest rocket test photo: report

North KoreaMar 31, 2020

North Korea could have manipulated images of its latest rocket launches, a German rocket expert recently told US broadcaster Voice of America. Markus Schiller, who specializes in mechanical and aer...
Moon seeks tougher measures against imported cases

PoliticsMar 31, 2020

P4G Seoul summit postponed to next year
Korea sticks to honor system in virus battle

Social affairsMar 31, 2020

Vice health minister ‘sorry’ for no improvement on virus
S. Korea provided $125m in loans to Hungary in 1989 for diplomatic relations

Foreign AffairsMar 31, 2020

South Korea provided a massive bank loan to establish diplomatic relations with Hungary in 1989, a declassified diplomatic document revealed Tuesday. Seoul pledged Budapest an economic cooperatio...