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Private fund market shrinks for third consecutive month: data

The number of private funds in South Korea has fallen sharply over the past three months amid controversies over derivative-linked funds and a liquidity crisis at a major company, data compiled by a ...

Nov 5, 2019
Finance
[News Focus] What RCEP deal means to South Korea

The trade megadeal among 15 Asia-Pacific countries can be expected to provide South Korean exporters with new opportunities to enter fast-growing and promising markets in Southeast Asia and lay the f...

Nov 5, 2019
Industry
[Global Finance Awards] The Korea Herald invites applications for 3rd financial sector awards

The Korea Herald is looking for domestic financial firms that are seeking to play a leading role in global markets. As South Korea’s No. 1 English daily newspaper, The Korea Herald has established t...

Nov 5, 2019
Finance
S. Korea’s FX reserves hit record high amid weak US dollar

South Korea’s foreign exchange reserves reached a new high last month, mostly due to the impact of the weakening US dollar, central bank showed Tuesday. As of end-October, the country’s forex reserv...

Nov 5, 2019
Economy
Korean card issuers enter Vietnamese market eyeing growth potential

South Korean credit card companies have recently been tapping into and expanding their business in Vietnam, eyeing the Southeast Asian country’s growing economy while seeking to diversify due to a sl...

Nov 5, 2019
Finance
LS Cable, KEPCO commercialize superconducting cables

LS Cable & System and Korea Electric Power Corp. said Tuesday that they have for the first time in the world succeeded in commercializing superconducting cable technology thorough their joint project...

Nov 5, 2019
Industry
Golfzon opens 1st Zstrict in US

South Korea’s leading golf simulator maker, Golfzon, launched last week its first store in the US under its new brand Zstrict, as parts of its effort in expanding sports entertainment business in the...

Nov 5, 2019
Industry
Samsung focusing on artificial general intelligence to innovate UX

Samsung Electronics is particularly focusing on development of artificial general intelligence technologies as part of efforts to innovate user experiences for digital customers, said the company’s m...

Nov 5, 2019
Technology
Samsung BioLogics, Ichnos Sciences eye W20tr atopic dermatitis market

Samsung BioLogics and US’ Ichnos Sciences inked a long-term agreement for the latter’s contract development of an atopic dermatitis treatment, the companies said Tuesday. This is a continuation of t...

Nov 5, 2019
Industry
S. Korean firms' sales, profit growth slows in 2018

Sales and profit of South Korean companies slowed down significantly in 2018 from a year earlier, though their financial stability improved slightly, a central bank report showed Tuesday, possibly in...

Nov 5, 2019
Industry
Korean version of ‘Las Vegas’ to emerge in Incheon

Amusement park to include attractions dedicated to Korean storylines and culture

Nov 5, 2019
Industry
Imported car sales up 6.2 % in Oct., Japanese brands suffer extended slump

Imported car sales in South Korea rose 6.2 percent on-year last month helped by new models, but Japanese brands still struggled feeling the pinch of a boycott against Japanese goods amid trade tensio...

Nov 5, 2019
Industry
Korean won jumps on US-China trade optimism

Despite a weak economy, the South Korean currency has soared against the greenback over the past month due mainly to optimism about US-China trade talks, data showed Tuesday. The local currency clos...

Nov 5, 2019
Economy
Samsung shuts down custom CPU development project in US

Samsung Electronics Co., the world's largest memory chipmaker, has stopped development work on its custom central processor unit cores at its R&D centers in the United States, company officials said ...

Nov 5, 2019
Industry
Pharma experts throng Frankfurt for CPhI Worldwide 2019

FRANKFURT -- Celebrating its 30th anniversary, CPhI Worldwide 2019 is being held in Frankfurt, Germany, this week, with over 45,000 participants from the pharmaceutical industry. At the biggest glob...

Nov 5, 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