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Regulator to sanction major brokerages for lax control of overseas stocks

The Financial Supervisory Service has decided to take disciplinary action against major securities firms for lax control on their overseas stock trading systems, officials said Friday. The financia...

Jun 7, 2019
Finance
Majority of auto part makers in North Jeolla seek switch to EV business: survey

Around 82 percent of the Korean automobile parts makers in North Jeolla Province said they were seeking to switch to making electronic vehicle parts, a survey showed Friday. According to the survey ...

Jun 7, 2019
Automode
BTS’ agency’s corporate value soars above $1b: think tank

Big Hit Entertainment, the agency that represents the globally popular K-pop band BTS, has surpassed $1 billion in corporate value, a local think tank said Thursday. According to a report released b...

Jun 6, 2019
Industry
Gold price hits 3-year high amid US-China trade uncertainties

The price of gold on South Korea’s bourse reached the highest level in three years this week, reflecting the market’s preference for risk-free assets amid persistent volatility, data showed Thursday....

Jun 6, 2019
Economy
Six in 10 listed firms post lower operating profit or loss

Listed companies in South Korea managed to record an higher operating profit overall, but in fact, 60 percent of them saw a decline or even marked losses, data showed Thursday. An analysis by market...

Jun 6, 2019
Industry
KT chief urges global cooperation on 5G tech at GES

Chairman of South Korea’s leading telecom firm invited to attend GES 2019 summit, showcase efforts to lead 5G innovation

Jun 6, 2019
Technology
Hanwha Group helps tackle river pollution in Vietnam

Korean conglomerate Hanwha Group donated two eco-friendly trash skimmer boats to Vietnam, the group announced Thursday. On the occasion of World Environment Day on Wednesday, Hanwha Group hosted a d...

Jun 6, 2019
Industry
[Herald Interview] 'Robots can not replace human workforce, at least not now'

Robot guru shares his thoughts, market insights

Jun 6, 2019
Industry
S. Korea lags behind advanced nations in energy transition: WEF

South Korea is behind advanced countries in terms of its efforts to seek environmentally sustainable energy development, a report released by the World Economic Forum showed Thursday. South Korea pl...

Jun 6, 2019
Technology
Shuttle Delivery, not just another food delivery platform

Startup grew 47 percent in 2018 to become No. 1 delivery service for expats

Jun 6, 2019
Technology
Renault Samsung union enters strike as wage renegotiations falter

Unionized workers at Renault Samsung Motors Corp. entered a "full-scale" strike after failing to narrow a gap in wage renegotiations, the union said Wednesday. Renault Samsung and its union said the...

Jun 5, 2019
Industry
Medytox says China approvals proceeding without glitch

Government approval for wrinkle-smoothening botulinum toxin Medytoxin is proceeding as planned in China under the name Neuronox, Korean BTX maker Medytox said Wednesday in a regulatory filing. It ca...

Jun 5, 2019
Industry
[Photo News] Citibank Korea hosts Singapore Digital Day in Seoul

William B. Stanton, Citibank Korea’s head of commercial bank, speaks at the “Singapore Digital Day” seminar, hosted by the Korean unit of the international banking giant, at Google Campus in Seoul on...

Jun 5, 2019
Finance
Moon joins test drive of Korea’s first hydrogen-powered city bus

President Moon Jae-in on Wednesday joined a test drive of the nation’s first city bus powered by hydrogen and developed for commercial use, demonstrating his administration’s drive to nurture the dev...

Jun 5, 2019
Industry
[Newsmaker] Korea to change liquor tax system for first time in 50 years

South Korea has decided to change its liquor tax system for the first time in 50 years, shifting from a price-based to volume-based system, starting with domestically brewed beer and rice wine, the M...

Jun 5, 2019
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 : Yang Sung-jin
Tel : 02.727.0114