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GM Korea union votes to strike against R&D center plan

Unionized workers at GM Korea Co. voted Tuesday to go on strike to protest the carmaker's plan to establish a separate R&D corporation. In the two day vote that began Monday, 78 percent of the 10,23...

Oct 16, 2018
Industry
Korean Google Play users spent $11.2 b in 10 years

South Korean users of Google Play's application store spent a total of $11.2 billion over the past 10 years, making Asia's fourth-largest economy the third most lucrative market, a report showed Tues...

Oct 16, 2018
Industry
External uncertainties increase downside risks to economy

Growing uncertainties in the external economic environment are posing greater downside risks to the Korean economy, which has already been held back by declining corporate investment and sluggish con...

Oct 16, 2018
Economy
[On the Bar] Recent trends in amendment of domestic legislations and response measures to GDPR

On the Bar is a regular column written by attorneys at Yoon & Yang LLC on various laws and regulations that affect running a business in Korea. The content provided here is general legal information....

Oct 16, 2018
Industry
[Herald Interview] Former forensic technician creates new biometric standard

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 23rd installment. -- Ed. For about a decade before Chung Woo-young found...

Oct 16, 2018
Finance
[KH Biz Forum] Digital transformation key in ASEAN content market entry

Facing a wave of mobile-first digital transformation, traditional media contents like recorded video, comic books and studio albums give way to live-streaming video services, webtoons and digital son...

Oct 16, 2018
Industry
[Photo News] Korea Herald Biz Forum: ASEAN and New Asia

To spotlight the significance of South Korea-ASEAN relations, The Korea Herald hosted the “The Korea Herald Biz Forum: ASEAN and New Asia” at Shilla Hotel in Seoul for four hours on Tuesday morning. ...

Oct 16, 2018
Industry
[KH Biz Forum] ASEAN official predicts bright future for partnerships with Korea

Countries in region eager to pursue technology cooperation

Oct 16, 2018
Industry
Hyundai Motor's leverage to improve over next 12-18 months: Moody's

Moody's Investors Service, a global credit rating agency, on Tuesday said it expected Hyundai Motor Group's financial leverage to improve over the next 18 months on increasing profitability. (Yonhap...

Oct 16, 2018
Industry
Nuclear safety commission OKs restart of Kori No. 2 nuclear reactor

South Korea's nuclear safety commission on Tuesday approved the restart of a nuclear reactor that was shut down six months ago. The 650-megawatt Kori No. 2 reactor in the southern port city of Busan...

Oct 16, 2018
Industry
Financial firms urged to consider environment, society: regulator

The head of the financial watchdog on Tuesday called on financial firms to think about environmental and social issues in their investment decisions. Financial Supervisory Service Gov. Yoon Suk-heun...

Oct 16, 2018
Finance
Tougher loan screening to help better manage household debt: regulator

Banks will be required to implement a stricter screening rule for mortgage loans starting this month so as to better manage growing household debt, according to the head of the financial regulator Tu...

Oct 16, 2018
Finance
Korea inks $600m investment deals with European firms: trade ministry

South Korea has clinched new investment deals totaling $600 million with firms in European Union countries, achieving the annual target for foreign direct investment, Seoul’s trade ministry said Mond...

Oct 15, 2018
Economy
ASEAN becomes center stage for Korean retail, beauty and entertainment biz

With Southeast Asia becoming the center stage for South Korean businesses in expanding their global presence, retail conglomerates like Lotte, Shinsegae and CJ have been successfully tapping into the...

Oct 15, 2018
Industry
‘New Southern Policy’ encourages financial companies to look to Southeast Asia

For South Korean financial companies looking out for new growth momentum, the “New Southern Policy” -- the key foreign economic policy of the Moon Jae-in administration -- came as a timely opportunit...

Oct 15, 2018
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 : Shin Chang Hoon
Tel : 02.727.0114