Seoul welcomes UNHRC resolution on N. Korean human rights

The Korea Herald > Business

Deloitte Anjin gets 1-year new business suspension

The financial regulator said Friday it has decided to ask for Deloitte Anjin to be made to suspend its opening of new accounting services for a year for “turning a blind eye” on the window dressing ...

Updated : 2017.03.24 18:03

Korean submarines to use Samsung SDI lithium battery

Samsung SDI’s lithium batteries will be used for 3,000-ton submarines that are to be developed with Korean technologies for the first time, according to the state arms procurement agency. South Korea...

Updated : 2017.03.24 17:47

'Transformed' FKI vows to boost transparency, take on more think tank role

The Federation of Korean Industries, the largest lobby body for large companies here, said Friday that it would boost transparency and switch to the role of a think tank for the corporate sector.Huh C...

Updated : 2017.03.24 17:37

Korea to sell W8tr state bonds in April

South Korea plans to sell 8 trillion won ($7.1 billion) worth of state bonds next month, the finance ministry said Friday.The government will issue 1.85 trillion won worth of bonds with a maturity of ...

Updated : 2017.03.24 17:35

Korean Air forecasts over W840b in profits

Korea’s largest air carrier forecast over 840 billion won ($747.7 million) in operational profits this year at a shareholder meeting Friday morning, the first session to be led by new President Cho ...

Updated : 2017.03.24 16:23

Seoul stocks fall on foreign sell-off

South Korean stocks fell Friday as foreign investors remained net sellers of local stocks, with sentiment partly subdued after Samsung Electronics said it may have to delay adopting a holding company ...

Updated : 2017.03.24 16:01

11-year-old Samsung shareholder speaks up

On Friday, the bigwig business executives of one of the world’s largest IT companies, got an unexpected earful from one of its shareholders: an 11-year-old and a proud owner of two Samsung Electronic...

Updated : 2017.03.24 15:43

Holding firm transition on hold: Samsung Electronics

Samsung Electronics Vice Chairman Kwon Oh-hyun said Friday that it will be difficult to push for a transition into a holding company for now, delaying its decision on restructuring amid a corruption s...

Updated : 2017.03.24 15:38

Daewoo Shipbuilding to focus on specialty vessels, eyes turnaround in 2017

Daewoo Shipbuilding & Marine Engineering Co., South Korea's embattled shipbuilder, said Friday that its portfolio will be mostly made up of LNG carriers and other specialty vessels, with the company e...

Updated : 2017.03.24 15:01

Samsung SDS has ‘no plans to spin off logistics business this year’

Samsung SDS, the internet technology solutions unit of South Korea’s Samsung Group, said Friday that it does not plan to spin off its logistics business this year, defying market expectations that th...

Updated : 2017.03.24 15:00

Mercedes dealer Han Sung offering free inspections

 Han Sung Motors is conducting free vehicle inspections until April 29 to commemorate the recognition it received last year in the areas of consumer satisfaction and diagnostics.  Han Sung Motor, th...

Updated : 2017.03.24 14:49

Korea to improve accuracy of financial estimates for 8 public insurances

South Korea will carry out an integrated assessment of its eight public insurances' long and mid-term financial estimates in 2018 in a way to better deal with their potential deficit due to the countr...

Updated : 2017.03.24 14:29

KT to supply home AI devices to apartment

KT Corp., South Korea's biggest Internet service provider, said Friday it will provide its artificial intelligence home assistant platform to an apartment complex in the southern port city of Busan.Gi...

Updated : 2017.03.24 14:22

Hyosung holds fabric development workshops in Greater China

Hyosung held its fabric development workshop known as Creora Workshop in China, Hong Kong and Taiwan, from March 6 to 17, the company said Friday.The 20 Asian client companies that Hyosung visited inc...

Updated : 2017.03.24 14:05

Major shipyards vow to continue cost-cutting measures, boost profitability

South Korea's two major shipbuilders -- Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. -- said Friday that they will strive to boost their profitability via increased orders and continu...

Updated : 2017.03.24 13:56