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S. Korea’s jobless population marks 20-year high in June

Country adds 281,000 jobs on-year, but also faces record-high jobless population

Jul 10, 2019
Economy
[From the Scene] Rising #boycottJapan campaign faces mixed reactions

Many Japanese firms cancel promotion events due to negative public sentiment

Jul 10, 2019
Industry
Cathay Pacific sponsors homegrown startups to take part in RISE 2019

Hong Kong’s home carrier on mission to turn city into tech hub

Jul 10, 2019
Industry
Lotte shares stagger on anti-Japanese sentiment

Shares of Lotte Group subsidiaries continued to stagger Wednesday following anti-Japanese sentiments due to trade restrictions on exports of key raw materials to local tech conglomerates. The retail...

Jul 10, 2019
Finance
Wealth of Korean rich shed amid trade woes: Forbes

Caught in the crossfire of the China-US trade war, export-reliant South Korea saw a steep decline in overseas shipments, and a consequent decline in the wealth among the members of the rich-list, For...

Jul 10, 2019
Economy
Hyundai E&C clinches W3.2tr contract deal with Saudi Aramco

South Korea’s Hyundai Engineering & Construction said Wednesday that it had obtained a whopping 3.2 trillion won ($2.7 billion) deal to expand the production capacity of an offshore oil field owned b...

Jul 10, 2019
Industry
Asiana Airlines kicks off flights to Mongolian capital

South Korea’s second-largest full-service carrier Asiana Airlines said Wednesday it has newly added a flight route to Ulaanbaatar from Tuesday -- a lucrative route monopolized by Korean Air for almos...

Jul 10, 2019
Industry
Jobless rate rises to 4% in June, 281,000 jobs created

South Korea's jobless rate rose to 4 percent in June from a year earlier, and job additions again exceeded the 200,000 mark, government data showed Wednesday. The unemployment rate increased 0.3 per...

Jul 10, 2019
Economy
S. Korea, US hold talks on competition-related issues under FTA

South Korea and the United States on Tuesday held their first formal consultations on competition-related issues under their bilateral free trade agreement, the South Korean government said. The mee...

Jul 9, 2019
Industry
Labor, management leaders escalate feud over next year's minimum wage

Representatives of labor and management are escalating a feud over whether to increase the nation's legal minimum wage next year ahead of their final negotiations at the Minimum Wage Commission. The...

Jul 9, 2019
Economy
Kakao says its blockchain mining process is up to 15 times faster than Ethereum

After launching its blockchain platform for enterprise services last month, Kakao said Tuesday that its service can work up to 15 times faster than Ethereum. During a press conference in Seoul, Kaka...

Jul 9, 2019
Industry
Hyundai says little hold-up left for long-awaited US pickup

Hyundai Motor expects to enter the US pickup market soon with what’s likely to be an American-made vehicle aimed at luring buyers who aren’t traditional truck owners, an executive said Monday. “It’l...

Jul 9, 2019
Automode
Delta's Hanjin KAL stake purchase is just "investment"

Delta Air Lines' recent purchase of a stake in Hanjin KAL, parent company of Korean Air Lines, was just an investment, not a ploy to help protect the airline's management rights, according to a local...

Jul 9, 2019
Industry
LG Display expects limited impact from Japan's exports curbs

Japan's tougher regulations on exports of key materials to South Korea will have a limited impact on LG Display's production of OLED panels, a senior company official said Tuesday, vowing to secure a...

Jul 9, 2019
Technology
Korean stocks roiled by Japan’s export controls, lower odds of US rate cut

South Korean stocks suffered extended losses Tuesday, likely the result of Japan’s decision to place export restrictions on key semiconductor materials along with the growing possibility that the US ...

Jul 9, 2019
Finance

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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