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Korea's financial regulator takes backseat on card transaction fee dispute

Amid deepening controversy between large-sized retailers and credit card companies over card transaction fee hikes, South Korea’s chief financial regulator has taken a neutral stance, only stressing ...

Mar 20, 2019
Finance
Airline stocks fall on Boeing 737 Max storm

Hit by waves of concern prompted by last week’s deadly crash of a Boeing 737 Max 8 jet and a possible spike in oil prices, South Korean airline stocks took a dive throughout Wednesday’s trading. Asi...

Mar 20, 2019
Finance
SillaJen to issue W110b convertible bonds for R&D

Efficacy-test of Pexa-Vec for cancer, building new pipeline and new R&D center on agenda

Mar 20, 2019
Industry
Korea to shift all commercial vehicles to fuel cell energy by 2035

Government also pledges to invest W130b in 23 renewable energy projects

Mar 20, 2019
Industry
Kakao expands into tourism industry after acquiring Tidesquare

South Korea’s leading mobile messenger operator, Kakao, is seeking to make inroads into the tourism industry after acquiring a local travel company. According to Kakao’s publicly filed 2018 financia...

Mar 20, 2019
Technology
Posco promotes SsangYong’s new Korando

South Korean steelmaker Posco has launched a joint promotion on Wednesday to promote SsangYong Motor’s new sport utility vehicle Korando, by exhibiting them in its headquarters in Seoul. This promot...

Mar 20, 2019
Industry
[Herald Interview] Yulchon M&A lawyer predicts ‘new wave’ in Indonesia

For decades, lawyer Yoon Hee-woong has built his career providing legal advice for corporations. Since joining the South Korean law firm Yulchon in 2000, he has been paving the way for large busines...

Mar 19, 2019
Finance
Market gloomy over chipmakers’ plummeting earnings forecasts

Lower-than-expected Q1 estimates of Samsung, SK hynix overclouds chip-reliant economy

Mar 19, 2019
Technology
Drug wholesalers to pressure global pharma firms: reports

The Seoul branch of the Korea Pharmaceutical Distribution Association intends to exert pressure on global pharma firms operating here to cooperate regarding refunds and logistics costs for returning ...

Mar 19, 2019
Industry
Analysts call on Korean panel makers to make faster shift to OLED

In response to Chinese panel makers’ latest moves to start producing large liquid crystal display panels, market analysts called on Korean display companies to speed up execution of their plans to sw...

Mar 19, 2019
Technology
Hankook Tire strives to be global top-tier OE tire maker

South Korea’s leading tire manufacturer, Hankook Tire, is currently ramping up its research and development efforts in hopes of becoming a world-leading maker of original equipment tires. Hankook Ti...

Mar 19, 2019
Automode
Samsung passing test to hasten Korea’s 5G launch

Concern persist among experts over government’s ‘hasty’ efforts to clinch the title of world’s first 5G service

Mar 19, 2019
Technology
Talks for alternative trading system rekindle in Korea

Companies have recently restarted discussions on creating an alternative trading system in South Korea, encouraged by the government and financial sector’s moves to encourage more active trading. Ne...

Mar 19, 2019
Finance
S. Korea’s banks see 22.2% rise in overseas profits in 2018

The overseas branches of South Korean banks last year saw their profit climb 22.2 percent on-year, reflecting the rise in interest income, data showed Tuesday. According to market watchdog Financial...

Mar 19, 2019
Finance
Toss app operator, Kiwoom Securities vie to become Korea’s 3rd internet-only bank

Eclectic makeup of two consortiums reflect trend of merging fintech with lifestyle spending

Mar 19, 2019
Finance

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