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Korea regains top spot in shipbuilding, but challenges remain in offshore drilling

South Korean shipbuilders regained the top spot in the global market share of shipbuilding orders last year, beating their Chinese counterparts for the first time in seven years due mainly to a surge...

Jan 6, 2019
Industry
S. Korea logs world‘s 2nd fastest household debt-to-GDP ratio growth

The ratio of household debt to gross domestic product in South Korea increased at the second fastest pace in the world last year, only outranked by China, despite the Seoul government’s tightened len...

Jan 6, 2019
Economy
Will Samsung’s foldable smartphone be game-changer in 2019?

New competition for foldable phones to begin this year joined by Apple, Huawei

Jan 6, 2019
Technology
Celltrion to directly sell Remsima SC, secure own direct global distribution network

Chairman expresses confidence in leading biosimilar market, says will retire in 2020

Jan 6, 2019
Industry
[CES 2019] CES 2019 to showcase advanced AI power in consumer electronics with 5G

Enhanced AI techs to upgrade functions of appliances in new telecom era along with innovative display and mobility techs

Jan 6, 2019
Technology
Number of new convenience stores in Korea drops in 2018

The number of new convenience stores in South Korea moved down in 2018 from a year earlier, industry data showed Sunday, due mainly to an increase in labor costs and the market's saturation. Accordi...

Jan 6, 2019
Industry
KAI's bid to export Surion chopper to Philippines apparently fails

Korea Aerospace Industries, South Korea's sole aircraft manufacturer, has apparently failed in its bid to export its Surion choppers to the Philippines, an official at Seoul's arms procurement agency...

Jan 5, 2019
Industry
Seoul shares likely to show volatility next week

South Korean stocks are expected to show high volatility next week as pessimism over a global slowdown will dominate investors' sentiment here, analysts said Saturday. The benchmark Korea Composite ...

Jan 5, 2019
Finance
EU to impose 25% duty on quota-exceeding steel imports from Feb.

The European Commission has informed the World Trade Organization of its decision to adopt a 25-percent duty on imports of steel into the European Union above a certain level from Feb. 2, the foreign...

Jan 5, 2019
Economy
Coupang opens Apple brand store

South Korean e-commerce company Coupang said Friday that it had become an authorized online reseller of Apple products. Apple products such as the iPad Pro, new MacBook models and the Apple Watch Se...

Jan 4, 2019
Industry
Air Busan kicks off first Busan-Singapore route

South Korean low-cost carrier Air Busan said Friday that it will operate a flight route connecting Busan and Singapore until Jan. 29. It is the first attempt for a budget carrier to operate the Busan...

Jan 4, 2019
Industry
NXC CEO confirms Nexon sale rumor

NXC CEO Kim Jung-ju on Friday acknowledged widespread industry speculation that Nexon, South Korea’s biggest game developer and a subsidiary of NXC, is up for sale. “I am contemplating various way...

Jan 4, 2019
Industry
Celltrion's biosimilar products expanding presence in Europe

Truxima, Remsima and Herzuma -- Korean biosimilars for the treatment of different cancers and autoimmune disease -- are setting their own records in European market share, according to Celltrion Heal...

Jan 4, 2019
Industry
Samsung Electronics opens fine dust research institute

Samsung Electronics said Friday that it has opened a research institute dedicated to fine dust issues, seeking to resolve related social problems through research and development. The institute was ...

Jan 4, 2019
Industry
Hyundai, Kia, Genesis win eight Good Design Awards

Hyundai Motor said Friday that eight cars from Hyundai Motor and its sister company Kia Motors, as well as its premium brand Genesis, won 2018 Good Design Awards. According to the carmaker, its Le F...

Jan 4, 2019
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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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