The Korea Herald

BUSINESS

LATEST NEWS

Koreans drinking more Chinese beer

South Korean consumer preference for imported beer is changing, with Chinese beer gaining popularity, industry data showed Thursday. An analysis of sales of imported beer in Korea over five years, b...

Jun 20, 2019
Industry
BOK chief signals rate cut on US Fed meeting results

Mere hours after the US Federal Reserve hinted at an interest rate cut, Bank of Korea Gov. Lee Ju-yeol said Thursday that South Korea would take apt measures to deal with economic shifts, hinting at ...

Jun 20, 2019
Finance
[News Focus] Korea’s 2019 growth may fall to 10-year low

SEJONG -- Two major economic indices under the Moon Jae-in administration have plumbed to new lows since the nation was hit by the 2008-09 global financial crisis. Those are the growth of gross dome...

Jun 20, 2019
Economy
Hyosung chairman meets Vietnam’s deputy prime minister

Hyosung Group Chairman Cho Hyun-joon met with Vietnam’s Deputy Prime Minister Vuong Dinh Hue on Wednesday during the latter’s visit to Seoul to discuss collaborative growth measures, Hyosung said Thu...

Jun 20, 2019
Industry
Kumho Tire aims for turnaround in China with Majesty9

Kumho Tire has introduced its premium brand Majesty9 in Nanjing, China, for local dealers, the company said Thursday. With the launch of the latest premium products, the company said it anticipates ...

Jun 20, 2019
Industry
7-Eleven signs MOU for EV charging stations

Convenience store chain 7-Eleven said Thursday it has has signed a memorandum of understanding with Korea Electric Vehicle Charging Service. Under the MOU, 7-Eleven will collaborate in installing EV...

Jun 20, 2019
Industry
[From the Scene] Hamburg on mission to digitalize urban mobility

From roads to harbor, Germany’s 2nd-largest city tests future mobility, faces challenge for quality of life

Jun 19, 2019
Automode
SKT launches app for parking lots using Tmap

South Korea’s biggest mobile carrier SK Telecom launched Wednesday a smartphone application aimed at helping address the chronic problem of parking space shortage. The company said it has released...

Jun 19, 2019
Technology
South Korean government, telecom firms unveil 7-year 5G growth plans

Korea aims to secure 20 percent 5G network equipment market by 2026

Jun 19, 2019
Technology
S. Korea’s largest bills dominate cash market: BOK

50,000 won bills increase presence in market, both in value and in volume

Jun 19, 2019
Economy
South Korea to map out AI strategy this year, build 2,000 AI-based factories by 2030

Government to inject 8.4 trillion won in non-memory chips, future mobility and bio

Jun 19, 2019
Economy
Kepco selected as preferred bidder for 200 MW Guam power plant

State-run Korea Electric Power Corp. said Wednesday it has been selected as a preferred bidder for a Guam power plant by the Guam Power Authority. If the deal is sealed, Kepco will build and operate...

Jun 19, 2019
Industry
FSS likely to launch ‘comprehensive audit’ of KRX

The nation’s financial watchdog plans to launch a “comprehensive audit” on bourse operator the Korea Exchange (KRX) by the year-end, local reports said Wednesday. If carried out, the in-depth audit ...

Jun 19, 2019
Finance
Riot Games Korea returns two more overseas Korean artifacts

Riot Games Korea and the Overseas Korean Cultural Heritage Foundation unveiled 19th century royal relics retrieved from overseas Wednesday at the National Palace Museum of Korea. The treasures retur...

Jun 19, 2019
Industry
[Feature] Complaints grow over social media influencers’ online markets

Consumers open their wallets despite unverified product quality, less transparent sales channel and even false advertisements

Jun 19, 2019
Industry

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