The Korea Herald

140,000 calorie burger goes viral on YouTube

Feb 8, 2011

A video clip, entitled “The Sloppy Roethlisberger -- Epic Meal Time,” has become an Internet hit on YouTube, drawing nearly 1.5 million viewers after it was posted on Feb. 1 ahead of this year’s Supe...
Public service rates up despite anti-inflation efforts

Feb 7, 2011

Prices of public services in Korea grew at the fastest pace in more than four years in January, adding to burdens in the daily lives of low- and mid-income people, data showed Monday. According to t...
Stock market cap returns to $1tr level

Feb 7, 2011

Korea’s stock market capitalization returned to the $1 trillion level for the first time in three years in 2010 as an economic recovery and corporate profit gains led to strong rallies, the bourse op...
Korea’s foreign reserves hit new high in January

Feb 7, 2011

Korea’s foreign exchange reserves rose to a fresh high in January as a soft U.S. dollar bolstered the conversion value of assets in other currencies, the central bank said Monday. The country’s fore...
Regular workers hit record high in 2010

Feb 7, 2011

The number of regular workers in Korea reached an all-time high last year as businesses increased their number of longer-term workers amid rebounding economic conditions, data showed Monday. The num...
Seoul shares up on economic optimism

Feb 7, 2011

Korean stocks finished 0.47 percent higher on Monday, led by financial companies, as upbeat U.S. data boosted investor sentiment amid subdued trading after a national holiday, analysts said. The loca...
Businesses oppose early adoption of carbon trading

IndustryFeb 7, 2011

Korea’s major economic organizations called on the government Monday to significantly postpone its plan to introduce a carbon emissions trading system in 2012, saying it could hurt the country’s indu...
Korean venture to buy U.S. hallyu site operator

IndustryFeb 7, 2011

Korea’s video search technology provider, Enswers Inc., said Monday that it has agreed to acquire a Silicon Valley-based online company, Soompi Media LLC, to create a U.S.-based Web portal for Korean...
Kia Motors posts record monthly sales in China

IndustryFeb 7, 2011

HONG KONG (Yonhap News) ― Kia Motors Corp., Korea’s second-largest automaker, posted record-high monthly sales in China last month, backed by strong demand for its sport utility vehicle, company offi...
LGD eyes Poland joint venture

IndustryFeb 7, 2011

LG Display Co., the world’s second-largest maker of liquid-crystal displays, said it’s in talks with TPV Technology Ltd. to form a venture in Poland to manufacture LCD modules and televisions. The v...
BAT Korea launches Kent Boost

IndustryFeb 7, 2011

British American Tobacco Korea said Monday it has launched Kent Boost, which offers two levels of menthol in one cigarette. The product is first of this kind in the country, according to the tobacco...
Heated competition may cause new credit card crisis

Feb 7, 2011

Worrisome signs are resurfacing from the issue of red-hot credit card competition, reminiscent of the 2003 bad debt fiasco, prompting regulators to consider fresh restrictions. Major card issuers ha...
Forensic experts to fight tax evasion

Feb 7, 2011

The National Tax Service will launch a forensic investigation center Tuesday to fight increasingly sophisticated tax evasion. The Forensic & Anti Tax Evasion Center will be headquartered in Seoul wi...
Entry barriers hurt Korean beer industry

IndustryFeb 7, 2011

Brewers say trade barriers must go to add color to Korean beer market Think Korean beer. Now think of a Korean beer that’s not Hite or OB. That blank right there shows the space smaller breweries h...
Korea pressured on currency

Feb 7, 2011

Seoul officials expected to turn more cautious in wake of U.S. criticism Korean officials are expected to take a more cautious approach in dealing with the foreign exchange market following the U.S....