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Samsung Electronics ranks No. 2 in global corporate reputation ranking

Samsung Electronics Co. ranked No. 2 in this year's reputation ranking among global information technology firms carried out by the Boston-based Reputation Institute, industry sources in Seoul said S...

Nov 11, 2018
Industry
BOK likely to raise key rate to 1.75% in Nov.: Nomura

The South Korean central bank is expected to raise the country's key rate this month to curb the overheated property market, a global research firm said Sunday. "We believe the Bank of Korea will hi...

Nov 11, 2018
Finance
Seoul shares to seek upturn next week

South Korean stocks will have upward momentum next week, albeit limited, as economic and political uncertainties that had weighed down the market have cleared up after the midterm elections and the i...

Nov 10, 2018
Finance
Korean financial institutions suffer $150m cross-default on Chinese bond insolvency

South Korea’s financial institutions suffered insolvency of asset-backed commercial papers Friday at midnight, following a Chinese firm’s default on payments due for bonds. The ABCPs were backed by ...

Nov 10, 2018
Finance
[On the Bar] Overview of audit review system in Korea

On the Bar is a regular column written by attorneys at Yoon & Yang LLC on various laws and regulations that affect running a business in Korea. The content provided here is general legal information....

Nov 9, 2018
Industry
Finance minister nominee tasked with invigorating economy to spearhead income-led growth strategy

Struggling with weak job numbers and slack facility investment, President Moon Jae-in Friday tapped a veteran fiscal policy expert as the new finance minister who will spearhead his signature income-...

Nov 9, 2018
Economy
Seoul stocks end lower on US belt-tightening signs

South Korean stocks ended lower Friday as investors took a breather amid signals of tighter monetary policy in the United States. The South Korean currency weakened against the US dollar. The benchm...

Nov 9, 2018
Finance
[New Analysis] Kim-Jang reshuffle inevitable for Moon amid pressing economy

The replacement of the nation’s top two economic policymakers had long been speculated as inevitable for the Moon Jae-in administration to keep its policy momentum amid prolonged economic challenges ...

Nov 9, 2018
Economy
Shinsegae DF reports W3.2b operating loss

Shinsegae DF, the duty-free arm of the South Korean retail giant Shinsegae Group, reported 3.2 billion won ($2.8 million) in operating losses for its quarterly performance, despite 114 percent increa...

Nov 9, 2018
Industry
Samsung joins global AI society to better develop services

Samsung Electronics on Friday announced that it joined the Partnership on Artificial Intelligence to Benefit People and Society (PAI) in an effort to develop safe and reliable artificial intelligence...

Nov 9, 2018
Technology
[Profile] Cheong Wa Dae taps insiders for reshuffle of top posts

In replacing the top two economic policymakers on Friday, Cheong Wa Dae has chosen insiders from the incumbent bureaucratic society. Hong Nam-ki, 59, who was named to replace Kim Dong-yean as deputy...

Nov 9, 2018
Economy
[Breaking] Blue House reshuffles top economic policymakers

Kim Dong-yeon, Jang Ha-sung step down amid stagnant economy

Nov 9, 2018
Economy
Korean central bank chief to attend BIS meeting next week

South Korea's top monetary policymaker will attend a meeting of the world's central bank governors in Switzerland next week, the Bank of Korea said Friday. BOK Gov. Lee Ju-yeol is scheduled to leave...

Nov 9, 2018
Finance
LG chief Koo picks 3M vice chair as new head of LG Chem

LG Chem announced Friday it will appoint Shin Hak-cheol, vice chair of 3M, as new vice chairman and CEO of the company. This marks the first time that LG Group has scouted an outside figure to head ...

Nov 9, 2018
Technology
KAI inks defense export deal with Indonesia

JAKARTA/SEOUL, (Joint Press Corps-Yonhap) -- Korea Aerospace Industries (KAI), a South Korean defense firm, signed a contract worth 100 billion won ($89.4 million) with Indonesia on Thursday, its off...

Nov 8, 2018
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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