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The Korea Herald > Business

Export growth continues fall for fourth year

South Korea saw its annual export growth slow down for the fourth consecutive year in 2014, threatening to weaken the nation’s economic fundamentals.According to the Korea International Trade Associa...

Updated : 2015.04.19 19:14

LG aims to outshine rivals with ‘selfie-oriented’ G4

GWANGJU ― With the launch of LG Electronics’ new flagship smartphone G4 just around the corner on April 29, the Seoul-based tech giant is carrying out a full-fledged effort to make the handset avail...

Updated : 2015.04.19 18:49

Samsung ditches corporate logo on smartphones in Japan

Samsung Electronics has decided to remove its corporate logo from its new flagship smartphone Galaxy S6 and the Edge variant that will be sold in Japan, a spokesperson in Seoul confirmed on Sunday. Th...

Updated : 2015.04.19 18:48

Korea, Colombia to coordinate on renewable energy projects

South Korea will expand economic cooperation with Colombia in the clean and renewable energy sector by launching pilot projects for electric vehicles and energy self-sufficient villages in the South American country, the Ministry of Trade, Industry and Energy of Korea said Sunday.Trade-Ind...

Updated : 2015.04.19 18:47

LG CNS seeks S. American transport growth

LG CNS president Kim Dae-hoon promoted the company’s advanced technologies in transportation system during a Korea-Colombia business forum held on Saturday in Bogota, officials said. The meeting comes in line with President Park Geun-hye’s 12-day tour of four South American countries, in...

Updated : 2015.04.19 18:47

KOSDAQ rally yields individuals with W100b stocks

Recent strides in South Korea’s secondary stock trading board, KOSDAQ, have led to a significant rise in the number of shareholders who own more than 100 billion won ($92.5 million) in stock value, a...

Updated : 2015.04.19 18:47

Price a deal-breaker for Ford Mondeo

Design: 4, Interior:3, Engine:3.5, Fuel Economy:4, Cost & A/S: 3.5The all-new Mondeo has its virtues. At the press test drive on a rainy April 14, the fifth-generation of Ford’s iconic sedan provided...

Updated : 2015.04.19 18:45

Prius V joins vanguard of Toyota’s green car push

Hybrid vehicle powerhouse Toyota launched its Prius V here, gearing up to cement its status as the market leader of green cars. “Toyota is inarguably the market leader of hybrid cars, taking up 97 pe...

Updated : 2015.04.19 18:45

S. Korea's top central banker stresses restructuring efforts for growth

The chief of South Korea's central bank said Saturday that Asia's fourth-largest economy could get a boost in growth from an easing monetary policy, but concerted restructuring moves would be key to raising its growth potential.The South Korean economy is currently facing a combination of ...

Updated : 2015.04.19 15:06

S. Korea's grape imports hit record high in 2014

South Korea's imports of grapes reached an all-time high last year as free trade deals with Chile and other countries spurred the influx of the fruit, data showed on Sunday.According to the data compiled by the Korea Customs Service, the country imported 59,260 tons of grapes worth US$189 ...

Updated : 2015.04.19 15:00

Samsung, Hyundai's power grows stronger on corporate earnings

South Korea's two biggest conglomerates have expanded their presence, with their earnings accounting for over 80 percent of the profits of the top 30 business groups last year, data showed Sunday, in the latest sign of their concentration of wealth.Samsung Group and Hyundai Motor Group pos...

Updated : 2015.04.19 14:58

Stock market rally produces large number of rich shareholders

The number of stock-rich shareholders on the country's secondary stock market, the KOSDAQ, surged this year on the back of a bullish run by the tech-laden bourse, data from a corporate tracker showed Sunday.According to Chaebul.com, there were 64 stockholders who have portfolios worth more...

Updated : 2015.04.19 10:32

Foreign investors scoop up net 5.4 tln won of Korean stocks this year

Foreign investors' buying binge of South Korean stocks, backed by expanded global easing policies, has helped send the country's stock market more than 11 percent higher this year, with their net buying reaching some 5.4 trillion won ($4.9 billion), data showed on Sunday.According to the d...

Updated : 2015.04.19 10:23

S. Korean export growth slips for 4th consecutive year

South Korea's outbound shipment growth has decelerated for the fourth straight year as the global economic slump cut demand and weak oil prices lowered the export prices of key products, data showed Sunday.According to the data compiled by the Korea Investment Trade Association, the countr...

Updated : 2015.04.19 09:54

Three investors bid for Pantech sale

Three investors made bids Friday to buy Pantech Co., the cash-strapped South Korean smartphone maker currently under court protection, industry sources said, reviving hope that the long-pending sale would soon resume after previous attempts ended in a failure due to a lack of interest. The...

Updated : 2015.04.17 20:55