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Moody's keeps its rating on South Korea at Aa2

Global rating agency Moody's Investors Service said Monday that it is maintaining its rating on South Korea at "Aa2" with a stable rating outlook. Moody's rating for Asia's fourth largest economy has...

Jul 8, 2019
Economy
Samsung to release low-end Galaxy M20 in S. Korea

Samsung Electronics Co. said Monday it will release its Galaxy M20, a low-end smartphone, in South Korea to target budget costumers. The Galaxy M20 will go on sale via Samsung's online mall and othe...

Jul 8, 2019
Industry
KEPCO to sell stakes in 2 affiliates to improve financial health

The Korea Electric Power Corp. plans to sell stakes in its two affiliates, officials at the state-run utility company said Monday, in a bid to improve its financial status. The two affiliates are KE...

Jul 8, 2019
Industry
National pension fund's total assets exceed 700 tr won

The total assets under management by South Korea's state pension fund exceeded the 700 trillion won ($596 billion) mark for the first time three decades after its birth, data showed Monday. The mile...

Jul 8, 2019
Economy
S. Korea urges Japan to lift export restrictions

South Korea's finance minister on Monday pressed Japan to withdraw its export restrictions on key semiconductor materials as the Japanese move could have a negative impact on the global economy. Hon...

Jul 8, 2019
Economy
Corporate debt sales hit record in H1

Sales of South Korea's corporate bonds hit a record high in the first half of the year, as low interest rates prompted companies to sell more debt, data showed Monday. The corporate debts floated in...

Jul 8, 2019
Economy
[Exclusive] LG’s health unit eyes acquisition of biopharma Hugel

LG Household & Health Care, an affiliate of LG Group that manufactures cosmetics and household goods, has considered acquiring South Korean botulinum toxin maker Hugel as part of efforts to expand it...

Jul 8, 2019
Industry
Chaebol chiefs to meet Moon, top policymakers over Japan’s ‘chip moves’

Amid intensifying fears over Japan’s retaliatory moves against Korea, leaders of major South Korean conglomerates were invited to a private meeting with top policymakers on Sunday to discuss counterm...

Jul 7, 2019
Industry
Samsung Electronics VP heads to Japan amid export curbs on chips materials

Samsung Electronics Vice Chairman Lee Jae-yong traveled to Japan on Sunday, apparently to meet with local business leaders and discuss Seoul's response to Tokyo's retaliatory limits on exports of hig...

Jul 7, 2019
Industry
Hyundai E&C launches Caisson 227 at Singaporean reclamation site

Hyundai Engineering & Construction has successfully launched Caisson 227, a structure the size of a 12-story building that will play a critical role in Singapore’s Tuas Finger 3 reclamation project, ...

Jul 7, 2019
Industry
Japan’s export curbs bring attention to Tokyo’s capital in local market

FSC chief dispels concerns, saying Japan’s possible withdrawal won’t affect market

Jul 7, 2019
Finance
Korea No. 12 in world GDP rankings: World Bank

South Korea ranked 12th out of 205 countries in terms of gross domestic product in 2018, maintaining its spot from a year earlier, the World Bank said Sunday. The country’s gross national income, or...

Jul 7, 2019
Industry
[Management in Korea] Rather than copy chaebol, Korean SMEs need to create new models of success

Management in Korea is a regular column written by representatives of Egon Zehnder Seoul. It touches on various topics concerning Korean enterprises and business leaders and offers management tips. -...

Jul 7, 2019
Economy
[Going Renewable (5)] South Korea faces solar power dilemma

Solar firms grapple with supply glut in global market, heavy residential backlash

Jul 7, 2019
Industry
Korea embarks on W160b project to develop disruptive technologies

The South Korean government has embarked on a 160 billion won ($136 million) project to develop disruptive technologies, including technologies to produce electric vehicles capable of traveling more ...

Jul 7, 2019
Industry

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 : Yang Sung-jin
Tel : 02.727.0114