Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[Music in drama] Rekindle a love that slipped through your fingers
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Inflation eases in April, continues bumpy ride
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Golden chance to liquidate babies’ gold rings?
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Seoul Metro to seek legal action against malicious complaints
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Hyundai Card inspires travelers with library
Hyundai Card, the nation’s second-largest credit card operator known for its dedication to style and design, recently opened a travel-themed library in Cheongdam-dong to offer its customers a respite from their daily routines.This new facility is part of the company’s design-inspired library project, the first of which was the Design Library central Seoul established in February 2013. The Hyundai Card Travel Library in Cheongdam-dong (Hyundai Card)“The essence of traveling is to be inspired and
May 29, 2014
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Shinhan Group completes volunteer campaign
Shinhan Financial Group chairman Han Dong-woo (second from left) participates in the corporate volunteer project for building eco-friendly furniture to distribute to underprivileged households. (Shinhan Financial Group)The seventh annual social contribution campaign hosted by Shinhan Financial Group is nearing an end, with the top financial group focusing most of its donations and volunteer activities to help the victims of the Sewol ferry disaster.The event, which kicked off in April, is slated
May 29, 2014
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Jaguar Land Rover Financial Services, KB Capital offer lease services to expats
Martin, an office worker from the U.K., has lived in South Korea for nearly a year now. He recently tried to rent a car for his family. He contacted a number of car rental services, only to be disappointed at the lack of long-term vehicle rentals available for expats here. He also found leasing to be a difficult and costly process. Then Martin discovered KB Capital auto-lease service for foreign residents, tailor-made for those who plan on spending an extended period of time in the country.To pr
May 29, 2014
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Hyundai Motor continues upscale push with new sedans
BUSAN ― Hyundai Motor on Thursday once again highlighted its aspirations to go premium by unveiling a pair of new high-end sedans that appeared to be aimed at winning over customers from its German rivals such as BMW Mercedes-Benz ― two of the world’s most premium carmakers. At the Busan International Motor Show that opened Thursday, the nation’s largest carmaker held the world premiere of its new large sedan that goes by the project name “AG.”Strategically placed between its top-selling Grandeu
MobilityMay 29, 2014
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BMW Korea turns enthusiasts on
BUSAN ― BMW appeared determined to help spur the Busan International Motor show, having almost doubled its exhibition space from 2012 by showcasing all the cars it had been planning to launch in the latter half of this year. Among the plethora of models, the 4 Series Gran Coupe seemed to best embody the German luxury carmaker’s knack for creating niches that just don’t seem possible. M4BMW was long famed for its 3 Series sedans, wagons, coupes, convertibles and M cars, but it has rebranded the
IndustryMay 29, 2014
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Volkswagen unveils design DNA in Busan
BUSAN ― The secret to the sturdy, classic but modern design of Volkswagen vehicles was disclosed on Wednesday before the Busan International Motor Show 2014 that kicks off on Friday. Being innovative, valuable and responsible by following the principle of simple, logical, precise and modern in design on top of safety is what makes Volkswagen cars unmistakable in the cutthroat automobile, according to Oliver Stefani, head designer of the company. “From the signature Beetle to the Golf, from sport
MobilityMay 29, 2014
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[Herald Interview] GM is here to stay, says firm’s Korea chief
BUSAN ― GM will not leave South Korea, according to the carmaker’s president Sergio Rocha.“I can reassure you that GM is here to stay,” Rocha said on Thursday on the sidelines of the Busan International Motor Show, holding up his right hand as if he was making an oath, during his interview with The Korea Herald.He was addressing concerns that the recent recall orders issued on GM autos manufactured in South Korea may facilitate a pullout by the U.S. carmaker. Sergio Rocha (GM Korea)Rocha stress
MobilityMay 29, 2014
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Renault Samsung unveils Initiale Paris
BUSAN ― Renault Samsung Motor introduced its latest concept car Initiale Paris as “sophisticated masculinity in a multipurpose vehicle” at the Busan International Motor Show 2014 on Thursday. Initiale Paris also represents the final stage of Renault Group’s design strategy, company officials said. The first stage, which depicted people in love, was embodied in the Dezir line, while the spirit of adventure was highlighted in the Capture vehicles. Later on, family was emphasized in the R-Space ser
MobilityMay 29, 2014
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[Herald Interview] Juice it up!
In 2005, 40-year-old Aussie Joseph Mervyn Cross decided to consume nothing but vegetable juice for two months. At the time, he weighed almost 145 kilograms and suffered from an autoimmune disease that forced him to take the steroid prednisone for years to ease the pain. His doctors told him he would die early. But after switching to the juice diet, Cross’ weight dropped to 100 kilograms and his health gradually improved. Eventually, he was able to stop taking medicine altogether. That wasn’t all
IndustryMay 28, 2014
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ACI endorses talent program to boost aviation market
Global aviation officials agreed that the burgeoning aviation industry requires a broader talent pool, the Airports Council International assembly said in a press conference at Coex in southern Seoul on Wednesday.“We need to broaden the pool for aviation talent and attract more people into the industry,” said Angela Gittens, the director general of ACI world.The demand for aviation industry personnel and facilities is growing rapidly all over the world, and this is especially so for the Asia-Pac
IndustryMay 28, 2014
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Emerging stocks advance as technology companies rally to record
Emerging-market stocks climbed for the first time in three days as Samsung Electronics Co. led a gauge of technology companies to a record after U.S. data added to signs the world’s biggest economy is rebounding.Samsung, which gets a third of its sales from the U.S., rose 1.9 percent in Seoul. Lenovo Group Ltd. posted its longest rally since 2003 in Hong Kong as Chinese technology companies surged on bets they will benefit from the government’s dispute with the U.S. over cyberspying. South Afric
May 28, 2014
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POSCO spurs global presence in car steel sheet business
POSCO, the nation’s top steelmaker, is spurring global expansion in its automotive steel sheet business, having set the goal of becoming the world best steelmaker in this segment. POSCO is currently one of the top three steelmakers along with ArcelorMittal and Nippon Steel in annual production capacity of car steel products. “Steel products used for cars is one of the seven strategic product categories for the group’s future growth,’’ POSCO chairman Kwon Oh-joon said in a recent investor relatio
IndustryMay 28, 2014
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Han Sung Motor CEO gives lecture on successful design
Ulf Ausprung, chief executive of Han Sung Motor, the largest dealer of Mercedes-Benz cars here, gave a special lecture on successful design at Hongik University on Wednesday. It was the second time for the German CEO, who has passion for both cars and design, to meet the students of the prestigious art school in Seoul. During the lecture, entitled “Keys to successful design,” he stressed the relevance of design across industries and its increasing importance in modern society. Ulf Ausprung, CEO
IndustryMay 28, 2014
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Nexon eyes organic growth
Nexon, Korea’s largest online game company, said it will aim to regain its past glory by seeking organic growth and upholding the entrepreneurial spirit to develop entertaining games.“For the past 10 years, we have been just following market trends instead of leading them because we cared more about making profits than making fun games,” said Nexon Korea CEO Park Ji-won, who took the helm last March, at the Nexon Developers Conference 2014 in Pangyo, Gyeonggi Province, on Tuesday. “We will regai
TechnologyMay 28, 2014
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New platforms to join Android-iOS battle
With Samsung Electronics expected to unveil its first smartphone embedded with the Tizen operating system next month, a new competitor is set to join Android and Apple in the mobile OS market.Industry watchers said small OS players such as Tizen, Firefox and Windows will increase their presence as demand for low-end smartphones increases, especially in developing countries.Samsung’s Tizen smartphones will reportedly roll out first in emerging countries including Russia and India, in an apparent
TechnologyMay 28, 2014
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LG Electronics’ G3: Key features
LG Electronics has rolled out its new feature-rich G3, which is focused on the more frequently used user interfaces such as the camera and keyboard in an attempt to give users what they most want out of a smartphone. Further, despite the growing line of health-related functions by other device makers, the company declared it has done away with the heart rate sensor. The G3 is also not waterproof. The most notable feature of the G3 appeared to be the laser auto focus, which helps shoot sharper im
IndustryMay 28, 2014
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Kumho Tires bets big on electric vehicle tires
Kumho Tires, South Korea’s leading tire maker, is betting big on tires for full-electric vehicles as the company’s future growth engine. “Years of experience in the EV market will give us a competitive edge when more electric vehicles go into mass production and become more popular,” a Kumho Tires official said. With governments toughening environmental regulations, carmakers have poured more resources into the emissions-free electric-powered vehicles in recent years, which also provides a boon
IndustryMay 28, 2014
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Samsung’s 2013 net sales greater in China than in Korea
Samsung Electronics’ net sales in China surpassed those in South Korea for the first time in 2013, an analysis of the tech giant’s corporate report showed Wednesday.A review of the company’s corporate data by Yonhap showed that Samsung’s net sales in China hit 40.15 trillion won ($39.22 billion) last year, far greater than the 22.78 trillion won in its home market. The firm began compiling Chinese sales figures from 2007.“Net sales” refers to the amount of sales generated after deducting interna
TechnologyMay 28, 2014
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Drones become newest hurricane research tools
MIAMI (AP) ― The point where the roiling ocean meets the fury of a hurricane’s winds may hold the key to improving storm intensity forecasts ― but it’s nearly impossible for scientists to see.That may change this summer, thanks to post-Hurricane Sandy federal funding and a handful of winged drones that can spend hours spiraling in a hurricane’s dark places, transmitting data that could help forecasters understand what makes some storms fizzle while others strengthen into monsters. Knowing that i
TechnologyMay 28, 2014
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Cell biology scientists share coveted Shaw Prize
HONG KONG (AFP) ― A Japanese scientist and a German-born biophysicist were on Tuesday named joint winners of the prestigious $1 million Shaw Prize for their pioneering research into molecular production.Kazutoshi Mori and Peter Walter received Asia’s highest scientific honor in recognition of their contribution to the understanding of how several diseases can be better treated, organizers said. Mori, a molecular biologist at Japan’s Kyoto University, and Walter, a professor at the University of
TechnologyMay 28, 2014