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Hurdles to foreign arbitrage explain ‘kimchi premium’: BOK

Hurdles that impede the flow of cross-border transactions have created cryptocurrency price gaps of more than 40 percent between Korea and other countries, researchers from South Korea’s central bank...

Sept 11, 2018
Finance
Paris Baguette showcases robots at its bakeries

Paris Croissant Co., the operator of South Korea's leading bakery chain, Paris Baguette, said Tuesday that it launched a test operation of robots at its outlets as local retailers accelerate their pu...

Sept 11, 2018
Technology
[Herald Interview] Young CEO pushes the envelope in smart health care market

Health startup Astera adopts blockchain technology to help Koreans better utilize their medical data

Sept 11, 2018
Technology
Credit card loans jump 17% in H1

South Korean credit card firms saw their card loans soar nearly 17 percent on-year in the first half of the year as tougher bank loan screenings forced borrowers to resort to them, industry data show...

Sept 11, 2018
Finance
Ssangyong E&C clinches high-rise project in Malaysia

Ssangyong Engineering and Construction has won a high-rise construction project in Malaysia, the firm said Monday. The project involves construction of the 339-meter-tall Oxyley Towers located at Ku...

Sept 10, 2018
Industry
Asiana Airlines names new president

Sout Korea’s second-largest air carrier Asiana Airlines has named the new president, the group said Monday, about two months after a massive disruption to the carrier’s in-flight meal service. In Ju...

Sept 10, 2018
Industry
Ex-FSS senior official arrested for stock price rigging

A former senior official of the market watchdog Financial Supervisory Service has been arrested for colluding with a private money lender in rigging the stock price of his company, prosecutors said M...

Sept 10, 2018
Finance
Will Samsung unveil world’s first foldable phone in November?

Samsung Electronics might reveal some details on the world’s first foldable smartphone in the pipeline at its developers’ conference in San Francisco in November, according to the industry on Monday....

Sept 10, 2018
Technology
[News Focus] Korea moves to strengthen regulation of Facebook, Google, Netflix

A group of lawmakers have set out to strengthen the regulation of foreign internet companies operating here, responding to complaints that they are not bound by the same laws that apply to competing ...

Sept 10, 2018
Technology
SK Innovation shares climb on battery biz boost

SK Innovation, a South Korean refinery and energy company, saw its value rise 4 percent to about 200,000 ($177) won per share on Monday morning compared to Friday’s close on the main bourse, backed b...

Sept 10, 2018
Industry
South Korea to generate electricity with bio-heavy oil

South Korea’s Trade Ministry announced legislation approving the use of bio-heavy oil made with animal fat to produce electricity here, in a move toward the Moon Jae-in administration’s goal to boost...

Sept 10, 2018
Industry
Declining investment holding back growth

A steep decline in domestic investments is becoming a main drawback on the country’s economic growth, with projections suggesting it is likely to fall short of the government’s target of 2.9 percent ...

Sept 10, 2018
Economy
MERS fears boost related stocks

South Korean investors on Monday began to rush to stocks in business areas related to the production of face masks and the development of vaccines, after the recent return of Middle East respiratory ...

Sept 10, 2018
Finance
Real estate trust companies set record with H1 income

South Korea’s 11 real estate trust companies logged a combined 285.3 billion won ($253.1 million) net profit in the first half of 2018, surpassing their performance in all previous half-years, prelim...

Sept 10, 2018
Finance
PM leaves for visit Russia's Vladivostok for economic forum

Prime Minister Lee Nak-yon left for Vladivostok on Monday to attend an annual international economic forum and hold meetings with Russian President Vladimir Putin and Japanese Prime Minister Shinzo A...

Sept 10, 2018
Economy

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