The Korea Herald

Yeosu Expo to hold preliminary meeting of participants

Apr 3, 2011

YEOSU -- The organizing committee for the 2012 Yeosu Expo will hold a meeting with representatives from the participating countries to explain details on its preparation for the international exhibit...
S. Korea firms urged to prepare for increased competition in India

IndustryApr 3, 2011

South Korean companies should be prepared for fierce competition with Japanese rivals in India following New Delhi's signing of a free trade agreement with Tokyo, a local trade body said Sunday. Jap...
S. Korean exporters get $7.14 mln in orders at fisheries expo

Apr 3, 2011

South Korean seafood exporters have won $7.14 million worth of export orders at North America's largest seafood event in the U.S. city of Boston, the government said Sunday. The Ministry for Food, A...
Debts owed by gov't, individuals, companies hit record high in 2010

Apr 3, 2011

Debts owed by the government, individuals and companies in South Korea reached a record high last year, data showed on Sunday, raising concerns that the high level of debts could derail the economy o...
S. Korean inflation expected to hover above 4 percent

Apr 3, 2011

South Korea's inflation is expected to remain above the 4 percent range in April due to higher oil prices and other external shocks such as the fallout from Japan's nuclear crisis, experts said Sunda...
Regulator to determine Lone Star's eligibility as KEB owner in April

Apr 2, 2011

South Korea's top financial regulator has said the watchdog will push to make a final decision this month over whether Lone Star Funds has the legal right to be the top shareholder of Korea Exchange ...
[Herald Interview] Citroen reenters Korea with higher hopes

IndustryApr 1, 2011

French carmaker Citroen aims to sell up to 2,500 cars a year in Korea when it resumes imports of vehicles after a nine-year hiatus, Eric Dumondelle, chief of the company’s Asia Pacific division said ...
Consumer prices rise at record pace

Apr 1, 2011

South Korea’s consumer prices rose by the fastest pace in 29 months, fanning the growing fears of an inflation rate that could put a damper on the nation’s economic growth. Statistics Korea said on ...
KOSPI hits new high on foreign buying

Apr 1, 2011

South Korean stocks rose on the seventh-straight day to set a new record of 2,121.01 points on Friday, buoyed mainly by foreign buying. The benchmark KOSPI jumped 14.31 points or 0.68 percent from t...
$48 million set to boost Jeju’s corporate edge

Apr 1, 2011

South Korea will invest a record amount of 53.8 billion won ($48 million) in Jeju Island this year to boost regional businesses in industries such as water and energy management, the Ministry of Know...
SK Group spins off its life science unit

IndustryApr 1, 2011

SK Group, the nation’s third-largest conglomerate, said Friday that it had spun off its life science unit in a bid to develop the business into a new driver of growth. SK Biopharm’s total assets wil...
Microsoft, LG promote Kinect on 3-D TV

IndustryApr 1, 2011

Korean game-lovers will have a chance to experience Kinect on 3-D television at experience zones and Kinect tournaments operated as a joint effort between Microsoft Korea and LG Electronics, Microsof...
Chung takes over symbolic Hyundai office

IndustryApr 1, 2011

Auto group says move is a show of resolve, but ruffles Hyundai Group Hyundai Motor Group has set up a new office for chairman Chung Mong-koo at Hyundai Engineering and Construction, in an apparent m...
Microsoft skewers Google in EU antitrust complaint

IndustryApr 1, 2011

The company logo is displayed is at Google headquarters in Mountain View, Calif.(AP-Yonhap News) BRUSSELS (AP) _ Microsoft Corp. escalated its attack on Google Inc. by complaining to European regula...
S. Korea's consumer prices grow fastest in 29 months in March

Apr 1, 2011

Government officials visit a local market to check food prices. (Yonhap News) South Korea's consumer prices grew at the fastest pace in 29 months in March, putting a crimp in the government's effort...