S. Korea pound Laos 8-0 in World Cup qualifier

The Korea Herald > Business

CJ Group calls for support in spreading K-culture

CJ Group vice chairman Lee Chae-wook on Wednesday slammed the government and politicians for shackling the corporate sector from conducting culture-related global projects that could lead to national ...

Updated : 2015.09.03 17:59

KFS pushes for forest recreation project in Indonesia

After Korea Forest Service Minister Shin Won-sop signed a memorandum of understanding with Indonesia in 2013 to export Korea’s forest recreation and ecotourism models, the agency has been branching i...

Updated : 2015.09.03 17:49

Samsung sees progress in talks over leukemia victims

By Kim Young-won Tech giant Samsung Electronics said Thursday it launched a committee to handle compensation issues for those who were diagnosed with leukemia while working at the company’s semiconductor factories.The seven-member compensation committee will consist of four experts in lab...

Updated : 2015.09.03 17:34

Social video-sharing service KakaoTV gains popularity in Korea

Basking in its status as the No. 1 mobile messaging operator in Korea, Daum Kakao has been experimenting with new mobile services compatible with its mobile messenger app KakaoTalk, such as KakaoTaxi ...

Updated : 2015.09.03 17:33

LG continues upscale push at IFA

BERLIN -- LG Electronics will showcase premium TVs and other of its latest home appliances at IFA, Europe’s largest electronics trade show that kicks off Friday in Berlin, in its ongoing upscale push...

Updated : 2015.09.03 17:30

Samsung set to boast tech prowess at IFA

BERLIN/SEOUL -- South Korean tech giant Samsung Electronics will showcase its state-of-the-art electronics products from wearables to TV at the IFA electronics trade show, set to kick off Friday in Ge...

Updated : 2015.09.03 17:27

[Photo News] SKC chairman receives high honor from Brazil

HONOR FROM BRAZIL -- SKC chairman Choi Shin-won (right) poses with former Brazilian ambassador to South Korea Edmundo Fujita after receiving the Order of Rio Branco in a ceremony in Seoul on Wednesday...

Updated : 2015.09.03 17:27

[Photo News] Miele showcases new home appliances

MIELE SHOWCASES NEW HOME APPLIANCES -- German electronics-maker Miele cochief executive Markus Miele (right) and Reinhard Zinkann pose with the firm’s fridge, Blackboard Edition, on Thursday at its e...

Updated : 2015.09.03 16:15

Korea’s quarterly GNI falls for 1st time since 2010

The nation’s gross national income posted minus growth in the second quarter of the year, dropping 0.1 percent from the previous quarter, data from the Bank of Korea showed Thursday. This is the first time in 4 1/2 years that the country marked negative GNI growth on a quarter-to-quarter ...

Updated : 2015.09.03 16:06

Hyundai Motor America appoints new sales head

    Hyundai Motor America named Derrick Hatami, sales chief of Nissan America, as vice president for domestic sales, replacing 26-year Hyundai veteran Bob Pradzinski, the company said Thursday.Hyun...

Updated : 2015.09.03 15:44

Financial group heads cut own pay to help boost hiring

The heads of three major financial groups in South Korea announced plans Thursday to voluntarily cut their salaries and use the saved money to expand hiring.  "The chairmen of Shinhan Financial Group, Hana Financial Group and KB Financial Group decided to hand in 30 percent of their annu...

Updated : 2015.09.03 15:13

S. Korea's agriculture-forestry output edges up in 2014

South Korea's agriculture and forestry output edged up in 2014 from a year earlier, fueled by a solid gain in the livestock sector, government data showed Thursday.  Total production of the farm and forestry sector reached 47.29 trillion won (US$39.84 billion) last year, up 1.4 percent f...

Updated : 2015.09.03 15:12

SK Telecom to be suspended 7 days for illegal subsidies

South Korea's telecom watchdog said Thursday it has slapped a seven-day business suspension on SK Telecom Co. for providing retail stores with cellphone subsidies exceeding the legal limit.   Early this year, the Korea Communications Commission said it would impose a business suspension ...

Updated : 2015.09.03 15:11

Trade minister urges quick approval of FTAs with China, Vietnam

South Korea's minister urged lawmakers Thursday to swiftly approve free trade agreements with China and Vietnam in order to turn around slumping exports.  Seoul formally signed the FTA with China, its largest trading partner and the world's No. 2 economy, on June 1, while the pact with V...

Updated : 2015.09.03 14:04

LG’s clothing care system Styler to go global

Customers look at LG Electronics` clothing care system, LG Styler, in Guangzhou, China on Thursday. (LGE)LG Electronics’ clothing care system, LG Styler, is going global to repeat its success story o...

Updated : 2015.09.03 10:28