The Korea Herald

BUSINESS

LATEST NEWS

Uniqlo announces four-day sale

Uniqlo will begin a four-day sale from Friday through Monday at all of its stores across Korea and on its online shopping mall. The apparel brand announced the sale Monday, adding that it would incl...

Nov 12, 2018
Industry
LS-Nikko signs 5-year deal to buy copper concentrate from BHP

LS-Nikko Copper Inc., a leading copper-processing company in South Korea, said Monday it has signed a five-year deal with BHP Billiton PLC to purchase 1.65 million tons of copper concentrate from the...

Nov 12, 2018
Industry
Hyundai Heavy receives US cyber security certificate for tanker

Hyundai Heavy Industries Co., the world's largest shipbuilder by sales, said Monday that it has received a cyber security certificate from the American Bureau of Shipping for an oil carrier. It mark...

Nov 12, 2018
Industry
Regulator calls for thorough measures amid US-China trade disputes

South Korea has been hit hard by trade frictions between the United States and China, Seoul's financial regulator said Monday, calling for efforts to revamp export industries and nurture new growth e...

Nov 12, 2018
Economy
Italian fabric brand Alcantara to expand collaboration with Korean firms: CEO

The CEO of Italian luxury fabric manufacturer Alcantara S.p.A. said Monday the company will increase its partnership with South Korean companies as it moves to expand its presence in the global marke...

Nov 12, 2018
Industry
Korea to hold tourism fair in Beijing this week

South Korea's tourism promotion agency said Monday it will hold a fair in Beijing this week in the latest bid to lure back Chinese tourists. More than 70 tourism-related companies and institutions f...

Nov 12, 2018
Industry
SK hynix develops new advanced production tech for DDR4 DRAM

SK hynix Inc. said Monday it developed second-generation 10-nano class process technology for DDR4 DRAM with better productivity and improved energy efficiency. South Korea's No. 2 chipmaker said it...

Nov 12, 2018
Technology
Korea's renewable battery industry to create fund

South Korea's big-three rechargeable battery makers have agreed to create a fund to jointly develop next-generation battery technologies and foster related industries, the industry ministry said Mond...

Nov 12, 2018
Industry
Samsung Electronics to release first foldable smartphone in March: sources

Samsung Electronics Co. plans to launch its first foldable smartphone in March, along with a fifth-generation network-powered Galaxy S10, industry sources said Monday. According to the sources, the ...

Nov 12, 2018
Technology
Industry minister vows to cut red tape to stimulate manufacturing

South Korea's industry minister vowed to cut red tape to ease the excessive burden felt by businesses and expand support for the slumping manufacturing industry. Sung Yun-mo, minister of trade, indu...

Nov 12, 2018
Economy
Finance minister nominee says raising growth potential top priority

The finance minister nominee said Monday that he will work on a set of measures aimed at boosting the country's growth potential, with a focus on improving dismal job conditions. "My task is to help...

Nov 12, 2018
Economy
Korea, Spain to negotiate aircraft swap contract

South Korea and Spain will discuss a proposed aircraft swap in their joint committee meeting on defense industry cooperation in Madrid this week, an informed source said Monday. The two sides are to...

Nov 12, 2018
Industry
South Korea to adopt stricter consumer protection with lemon law

With South Korea’s amended Automobile Management Act, known as the Korean lemon law, set to go into effect in January, the Ministry of Land, Infrastructure and Transportation introduced detailed guid...

Nov 12, 2018
Automode
Korea's exports fall in first 10 days of Nov.

South Korea's exports fell by 4.8 percent in the first 10 days of this month from a year earlier due largely to a decline in shipments of chips and fewer working days, customs data showed Monday. Th...

Nov 12, 2018
Economy
Foreign investors sell net W4.6tr of Korean stocks in Oct.

Offshore investors sold a net 4.6 trillion won ($4.08 billion) worth of South Korean stocks in October, data showed Monday, as they were rattled by a deepening trade spat between Washington and Beiji...

Nov 12, 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