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Korean economy grows 2.7% in 2018: BOK

The South Korean economy grew at the slowest pace in six years in 2018 as shrinking corporate investment weighed heavily on Asia's fourth-largest economy, central bank data showed Tuesday. The natio...

Jan 22, 2019
Economy
SK hynix donates W3b for vulnerable classes in Gyeonggi, North Chungcheong

SK hynix, the world’s second-largest memory chip provider, said Monday the company donated 3 billion won ($2.66 million) for welfare institutions in Gyeonggi and North Chungcheong provinces to suppor...

Jan 21, 2019
Industry
Lithium-ion batteries rising as new pillar of Korea’s exports

LG Chem, Samsung SDI, SK Innovation anticipate improved annual earnings for 2018, better market conditions this year

Jan 21, 2019
Technology
[Photo News] Break rules, create markets

BREAK RULES, CREATE MARKETS -- AIA Group’s regional chief executive Bill Lisle on Monday attends “Rule Breaker + Market Creator,” AIA Life Korea’s annual kickoff meeting held in Seoul’s Seongsu-dong....

Jan 21, 2019
Finance
Ministries in tug-of-war over export policy leadership

Trade Ministry ill at ease over Finance Ministry’s direct involvement in semiconductor export agenda

Jan 21, 2019
Economy
Coca-Cola features BTS for New Year’s special packaging

Coca-Cola said Monday it will be releasing a New Year’s special package featuring BTS song titles. Each package option will have images of BTS as well as adaptations of song titles, such as “Your sp...

Jan 21, 2019
Industry
Kyung Hee University pharma research center to hold symposium on novel drug development

Kyung Hee University’s Global Center for Pharmaceutical Ingredient Materials is hosting a symposium on Wednesday for working-level novel drug developers and students pursuing careers in the field. Fi...

Jan 21, 2019
Industry
[Monitor] Koreans drinking less: survey

While South Koreans drink as frequently as they used to, the average volume of alcohol consumed on each occasion has dropped consistently, a survey showed. The survey of 2,000 adults conducted joint...

Jan 21, 2019
Economy
JTI Korea taps former Mexico unit chief as CEO

JTI Korea, the Korean unit of the global tobacco maker, said Monday that it has tapped Jose Luis Amador as the new CEO of the Korean unit. JTI Korea said Amador was chosen to lead the Korean company...

Jan 21, 2019
Industry
Apple exploits mobile carriers: FTC

Apple is exploiting local telecom companies for profit by unfairly collecting advertising funds, economists representing South Korea’s antitrust watchdog said last week during a second hearing on the...

Jan 21, 2019
Industry
Govt. to announce blueprint on nuke plant decommissioning in March

South Korea's industry ministry said Monday it will announce the blueprint on fostering the country's nuclear plant decommissioning industry in March in line with its new energy policy. While the go...

Jan 21, 2019
Industry
BOK to entrust transactions of advanced market stocks to local asset managers

South Korea's central bank said Monday that it will entrust local asset management firms with investment of its foreign reserves into advanced market stocks this year. The Bank of Korea held more th...

Jan 21, 2019
Finance
8K TVs to see slow growth in 2019 amid lack of content: observers

The global market for 8K TVs is expected to post weaker-than-expected growth this year amid a lack of available high-resolution content, market watchers said Monday. South Korean tech giants Samsung...

Jan 21, 2019
Technology
[News Focus] NPS braces for first test of stewardship code

The National Pension Service is increasingly under pressure to apply stricter yardsticks on their investments and management at invested firms, with growing risks from owners resulting in revenue and...

Jan 21, 2019
Industry
Trade minister to attend WTO reform meeting in Davos

South Korea's trade minister will attend a meeting of the World Trade Organization this week to discuss its reform measures, his office said Monday. Kim Hyun-chong will visit Davos, Switzerland, on ...

Jan 21, 2019
Economy

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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