The Korea Herald

BUSINESS

LATEST NEWS

Weak manufacturing increases employment woes

Korea is lagging behind in global competition to enhance the productivity and employment of manufacturing industries, experts here say. Asia’s fourth-largest economy saw its manufacturing sector’s p...

Jun 11, 2018
Economy
South Korea’s gas price hike to boost green car sales

Amid instabilities surrounding oil-exporting countries, gas prices in Korea have risen for eight weeks in a row and averaged 1,610 won ($1.50) per liter as of Monday, industry figures showed. Accord...

Jun 11, 2018
Automode
Seoul’s stock market buzzes ahead of Trump-Kim summit

Experts warn against hasty anticipations, call caution on US, EU monetary policy changes

Jun 11, 2018
Economy
SKT invests in mobile media startup to boost music platform business

Mobile carrier SK Telecom said Monday it invested 10 billion won ($9.3 million) in MakeUs, a mobile media company, as part of efforts to strengthen its music platform business. MakeUs is a startup t...

Jun 11, 2018
Technology
[From the Scene] Ride-hailing giant Grab joins hands with SK for lead in future mobility

SINGAPORE — In Singapore, you will most likely spot green-colored vehicles or motorbikes roaming the streets in every part of the city. Though they may be an unfamiliar sight to foreign tourists, the...

Jun 11, 2018
Technology
Police begin probe into Coinrail hacking attack

The South Korean police began an investigation on Monday after Korea’s seventh largest crypto exchange Coinrail lost more than 40 billion ($37 million) in altcoins in an apparent attack by hackers ov...

Jun 11, 2018
Finance
MAN Truck & Bus Joins German vocational training program in Korea

The Korean arm of German automaker MAN Truck & Bus agreed to participate in the German vocational training program Ausbildung in Korea, according to the Korean-German Chamber of Commerce and Industry...

Jun 11, 2018
Industry
Alibaba vows to support Korean companies’ Chinese market foray

Chinese e-commerce giant Alibaba Group has vowed to support Korean companies in making successful forays into China’s expanding online market. It will empower Korean merchants with its new retail in...

Jun 11, 2018
Industry
Prosecutors raid Shinhan Bank in probe into hiring irregularities

Prosecutors raided the head office of Shinhan Bank on Monday as part of an investigation into allegations that its officials gave special favors to children of the bank's ranking officials, allowing ...

Jun 11, 2018
Finance
Credit bureau at center of IP infringement allegation

A financial technology startup and major credit bureau are locked in a fight, with the former claiming the Korea Credit Bureau violated intellectual property rights on the startup’s technology to all...

Jun 10, 2018
Technology
Hyundai Mobis invests W1.4b in self-driving software training

Hyundai Mobis has started a software training program at a cost of 1.4 billion won ($1.2 million) at its research center in Yongin, Gyeonggi Province, to beef up its automotive software professionals...

Jun 10, 2018
Automode
[Trending in Pairs] Food companies enjoy fashion moment

Two industries see collaborations as way to increase appetites for eats and apparel

Jun 10, 2018
Industry
[IP in Korea] ‘Era of digital revolution sheds new light on publishing copyright’

Black-and-white infringement logic no longer works for copyright in digital age

Jun 10, 2018
Industry
Financial authorities to tighten anti-money laundering rules

Financial authorities plan to tighten anti-money laundering regulations ahead of next year's assessment of South Korea by an intergovernmental organization set up to combat illicit movement of funds,...

Jun 10, 2018
Finance
4 farm good wholesalers fined over collusion

South Korea's corporate watchdog said Sunday that it levied a combined 11.6 billion won ($11 million) in fines on four major farm good wholesalers for colluding on their commissions. According to th...

Jun 10, 2018
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 : Shin Chang Hoon
Tel : 02.727.0114