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Bio startup Aprogen gets S. Korea's 11th unicorn status

South Korean bio venture firm Aprogen Pharmaceuticals Inc. was listed as the country's 11th unicorn, according to an industry tracker on Tuesday. Aprogen was registered as a unicorn company with a v...

Dec 10, 2019
Industry
Kakao Bank launches mobile version of piggy bank

New service to ease savings burden, adds fun factor

Dec 10, 2019
Finance
Finance minister urges lawmakers to pass 2020 budget bill

Finance Minister Hong Nam-ki called for lawmakers to approve next year's budget bill on Tuesday, when the parliamentary session ends. South Korea is seeking a total of 513.5 trillion won ($430.2 bil...

Dec 10, 2019
Economy
Seoul expands purchases of eco-friendly cars amid new energy drive

South Korea's public organizations increased their purchases of eco-friendly cars, including hydrogen fuel cell automobiles, this year in line with a new energy drive that centers on cutting the use ...

Dec 10, 2019
Industry
S. Korea most affected by US-China trade spat: report

South Korea may have been hit the hardest among major economies by the protracted trade dispute between the United States and China due to its high dependence on exports to the countries, a report sa...

Dec 10, 2019
Economy
FTC to probe ‘slave’ contracts of Korean esports players

Law revisions to safeguard players’ rights underway

Dec 9, 2019
Industry
Court gives jail terms to Samsung execs in accounting fraud case

A Seoul court on Monday handed jail terms of up to two years to Samsung Electronics Co. executives for destroying evidence in relation to an alleged accounting fraud at Samsung BioLogics Co. A Samsu...

Dec 9, 2019
Industry
S. Korea’s workforce to see steepest decline among key economies: WTO

South Korea’s working-age population is expected to shrink the fastest among key economies over the next two decades, a report released by the World Trade Organization said Monday, with risks tied to...

Dec 9, 2019
Economy
[Monitor] Half of Korean firms plan to downsize in 2020

The majority of South Korean firms foresee the current economy entering a long-term slump with half of them planning to downsize next year, a survey by the Korea Enterprises Federation led by Chairma...

Dec 9, 2019
Economy
[Behind the Wheel] Why Mercedes-Benz GLB has it all

Through curvy Andalusian mountains, GLB variants shows why Benz went with 7-seater compact SUV

Dec 9, 2019
Automode
Defense stocks surge after N. Korea’s ‘very important test’

Shares of South Korean defense-related firms jumped Monday in the wake of North Korea’s announcement about a “very important test” at its western satellite launching site over the weekend. Shares of...

Dec 9, 2019
Finance
S. Korea to tighten monitoring on outflow of investment by foreigners

Addressing the latest drop in investment by foreigners here, South Korea’s government reassured the market on Monday, saying it would enhance monitoring and put a contingency plan into action in the ...

Dec 9, 2019
Economy
Samsung supplies super-size smart LED signage for MSC Grandiosa

Samsung Electronics announced Monday that the company had supplied super-large smart LED signage and interactive touchscreens for MSC Cruises’ flagship Grandiosa, based in Geneva, Switzerland. A 93-...

Dec 9, 2019
Technology
SKT, Statistics Korea unveil foot traffic map

SK Telecom and Statistics Korea said Monday they have started the pilot service of a foot traffic map using the telecom company’s mobile big data technology. The map measures foot traffic across the...

Dec 9, 2019
Technology
Hyundai Motor Group donates W25b for charity

Hyundai Motor Group said Monday it has donated 25 billion won ($21 million) to the country’s nonprofit charity organization Community Chest of Korea to contribute in helping vulnerable members of the...

Dec 9, 2019
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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