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Korea says no big impact from US decision to reduce bond holdings

South Korea said Thursday that the Federal Reserve's decision to trim its balance sheet is likely to have a limited impact on Asia's fourth-largest economy. "I don't think the Fed's decision will ha...

Sept 21, 2017
Economy
Financial regulator vows flexible rules to help fintech industry growth

The head of the Financial Supervisory Service said Thursday the regulator seeks to build an innovation-friendly financial environment to help the growth of the financial technology industry. Choe He...

Sept 21, 2017
Finance
Korea offers financial assistance for struggling companies in China

South Korea will provide financial assistance and an insurance package for local companies suffering from losses in China due to anti-Korean sentiment and regulatory hurdles, the trade ministry said ...

Sept 21, 2017
Economy
LG Electronics focuses on making the best smartphone camera modules

LG Electronics Inc. on Thursday expressed confidence in the photo-taking features of its new flagship V30 smartphone, and said it is committed to making the best camera modules for smartphones. LG I...

Sept 21, 2017
Technology
Pharmaceuticals, biotechs soar on US rally

South Korean pharmaceuticals and biotech stocks have gone on a tear this year on the back of a biotech rally on the US NASDAQ market, data showed Thursday. The main stock market's subindex for the p...

Sept 21, 2017
Finance
Seoul shares open lower after Fed meeting

South Korean stocks opened slightly lower Thursday, as the US Federal Reserve hinted at the chance of a December interest rate hike. The benchmark Korea Composite Stock Price Index shed 1.87 points,...

Sept 21, 2017
Finance
Samsung to release Galaxy Note 8 in 150 countries through Oct.

Samsung Electronics Co. said Thursday it plans to release the Galaxy Note 8 in 150 countries through October, with official sales scheduled for 20 more countries later this week. The South Korean te...

Sept 21, 2017
Technology
Samsung Bioepis wins approval to sell biosimilar in South Korea

Samsung Biologics Co. said Wednesday its affiliate Samsung Bioepis Co. won a nod from South Korea‘s drug agency to sell its biosimilar dubbed SB5. Through the approval granted by the Ministry of Foo...

Sept 20, 2017
Industry
[ITU 2017] When connectivity is not enough: the key to meaningful digital inclusion

Smart is the adjective of our modern world, one where applications, solutions, products and even entire industries are making use of information and communication technology to improve our lives and ...

Sept 20, 2017
Technology
Korea, India to hold talks on trade deal improvement

South Korea and India will hold a new round of talks on the improvement of a bilateral trade deal in Seoul this week, the commerce ministry here said Wednesday. The third-round meeting to improve th...

Sept 20, 2017
Economy
[Monitor] Household debt surges 55.3% in 5 years

The amount of household debt in South Korea has surged by 55.3 percent in five years, according to data given by relevant authorities including the Financial Services Commission, the Financial Superv...

Sept 20, 2017
Economy
Seoul start-up fair seeks to encourage expat entrepreneurs

Seoul Global Center will host the 2017 International Start-ups Business Fair at Seoul Business Agency in Mapo, Seoul, Thursday. At the fair, 12 start-up companies ran by expat entrepreneurs who come...

Sept 20, 2017
Industry
Seoul stocks down ahead of US Fed policy statement

South Korean stocks ended lower Wednesday as investors took a wait-and-see stance before the results of the US Federal Reserve's policy meeting, analysts said. The Korean won rose against the US doll...

Sept 20, 2017
Finance
[News Focus] Will HNB tobacco tax hike pass in September?

The hotly debated hike plan for consumption taxes on heat-not-burn tobacco products is likely to be discussed in the finance committee of the National Assembly on Thursday, as industry watchers specu...

Sept 20, 2017
Industry
Korea’s ‘4th industrial revolution’ development lags behind US, EU, Japan: report

Technology and investments related to Korea’s competitiveness in the “fourth industrial revolution” is far behind other advanced countries such as the United States, Japan and Europe, according to th...

Sept 20, 2017
Economy

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
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