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Stocks open higher on tech gains

South Korean stocks opened higher Monday, as investors scooped up large-cap tech shares. The benchmark Korea Composite Stock Price Index rose 9.39 points, or 0.39 percent, to 2,395.46 in the first 1...

Sept 18, 2017
Finance
Operating margin of top 100 listed firms slows over 3 years

South Korea's top 100 listed companies have seen their average operating margin lose steam over the past three years amid a slowdown in overall business conditions, a market tracker said Monday. The...

Sept 18, 2017
Industry
[Herald Interview] ‘Samsung wants to bring idea of Silicon Valley project to Korea’

Two years on since Samsung Electronics opened its office building in Silicon Valley, the Korean tech giant has seen a dramatic change in their work style and it hopes to bring the idea to Korea, acco...

Sept 17, 2017
Industry
Korean car sales keep sliding in China

The sales of South Korea’s two largest automakers, Hyundai Motor and Kia Motors, continued to plunge in China last month amid growing competition in the local market, as well as the prolonged politic...

Sept 17, 2017
Automode
[Monitor] Losses from drop in Chinese tourists amount to W81.6tr

A report from Hyundai Research Institute showed over the weekend that losses incurred by a radical decline in Chinese tourists amount to 81.6 trillion won ($71.94 billion) yearly. The number of inco...

Sept 17, 2017
Economy
[Behind the Wheel] Renault Samsung’s new SUV caters to urban driving

Renault Samsung Motors, the South Korean unit of French carmaker Renault, has released a gasoline-powered version of its popular QM6 midsize SUV, targeting drivers who drive in the city and prefer SU...

Sept 17, 2017
Automode
Long Chuseok holiday poses dilemma for SMEs

Planned to encourage consumer spending and revitalize the domestic market, the government’s designation of Oct. 2 as a temporary holiday to fill the chain of holidays in early October comes amid disc...

Sept 17, 2017
Economy
[Ask a Lawyer] Is determining price of imported goods really free?

Ask a Lawyer is a regular column written by attorneys at Yoon & Yang LLC on various legal aspects of the Korean life or business. The content provided here is general legal information, not legal adv...

Sept 17, 2017
Industry
[ITU 2017] Revolution, ecosystem, ocean: 5G is just the beginning

“You cannot assume that 5G is just 4G on steroids. It is a revolution,” said Kailash Narayanan of Keysight Technologies. The neat linear progression from 2G to 3G to 4G does not apply to next-genera...

Sept 17, 2017
Technology
SK Holdings turns to US investors for M&A push

SK Holdings, the parent company of South Korea’s third-largest conglomerate SK Group, will be making its way to the US this week to meet with global institutional investors as it seeks new capital to...

Sept 17, 2017
Industry
Possible FOMC tightening to ease uncertainties: analysts

The United States Federal Open Market Committee’s decision this week to take another step back from yearslong quantitative easing is likely to ease uncertainties for the financial markets in South Ko...

Sept 17, 2017
Finance
Markets’ 10-day closure to be first in over 30 years

The Korea Exchange, South Korea’s sole securities market operator, is bracing for the 10-day closing of the market next month, the longest in more than three decades. (Yonhap) The main bourse and t...

Sept 17, 2017
Finance
Lotte opens 2nd hotel in Russia

Lotte Hotel & Resorts said Sunday it opened its second hotel in Russia last week as it seeks to tap deeper into the overseas market. The new hotel opened in Saint Petersburg on Friday. It launched i...

Sept 17, 2017
Industry
Hyundai Motor names new CEO of US unit

Hyundai Motor Co. has named Lee Kyung-soo the new chief executive of its American unit, a post that had been vacant for nine months, according to the company's website on Saturday. Lee, 61, joined H...

Sept 16, 2017
Automode
EV battery makers on roll due to turnaround hopes, favorable policies

Stocks of South Korean electric vehicle battery manufacturers have been on a sharp rise for the past few weeks because of hopes that their business may turn around faster than expected on the back of...

Sept 16, 2017
Business

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