The Korea Herald

Manpower: World is entering ‘Human Age’

IndustryFeb 9, 2011

Manpower Inc., U.S.-based employment agency, said on Jan. 27 at the World Economic Forum in Davos, Switzerland, that the world had entered a new era: The Human Age. The concept was introduced by Man...
Banking groups brace for leadership change

Feb 9, 2011

Woori, Shinhan, KDB to select new heads in March amid looming industry consolidation Veteran bankers and former bureaucrats are jockeying in several races for top financial business posts dogged by ...
New iPhone app helps with confession

IndustryFeb 9, 2011

(MCT) WASHINGTON, (AFP) - A new "Confession" application for Apple's iPhone, iPad and iPod Touch has received the blessing of a Catholic bishop. "Confession: A Roman Catholic App," is the first pro...
GM Daewoo launches all-new Orlando in S. Korea

TransportFeb 9, 2011

GM Daewoo Auto & Technology, the South Korean unit of General Motors Co., introduced Wednesday its new seven-seat, multi-purpose vehicle, the Chevrolet Orlando, in South Korea. "We are carving out a...
Volkswagen commercial crowned favorite Super Bowl ad

TransportFeb 9, 2011

A Volkswagen commercial broadcast during the Super Bowl Sunday night in the United States has become a hit on TV as well as on YouTube, with hundreds of thousands of people having watched it so far. ...
IT exports post strong gain in Jan.

IndustryFeb 8, 2011

Korea’s exports of IT-related products jumped 16.3 percent in January from a year earlier on strong global demand for semiconductors, displays and mobile phones, the government said Tuesday. The cou...
Toyota to recall Lexus for fuel pipes

IndustryFeb 8, 2011

Toyota Motor Corp., a Japanese carmaking giant, will recall 2,459 vehicles sold in Korea due to manufacturing defects that could lead to oil leakage, Seoul’s transportation ministry said Tuesday. Su...
International ferry users hit record high

IndustryFeb 8, 2011

The number of passengers using international ferry services in and out of Korea rose to a record high last year, bolstered by rebounding economic conditions, the government said Tuesday. Internation...
Cabinet OKs supplementary U.S. FTA

Feb 8, 2011

The Cabinet on Tuesday endorsed a supplementary agreement to the free trade deal concluded between Korea and the United States, a government spokesman said. In December, the two countries came to a ...
EU parliamentary panel endorses Korea FTA

Feb 8, 2011

BRUSSELS (AFP) ― A key European parliament committee endorsed Monday a major free trade deal with Korea after securing safeguards to protect Europe’s auto makers. The International Trade Committee v...
Samsung’s share in N. American cell phone market hits record

TechnologyFeb 8, 2011

Samsung Electronics Co., the world’s second-largest mobile phone maker, maintained its lead in the North American cell phone market last year with a record share, industry data showed Tuesday. Samsu...
Banks eye Asian credit card markets

Feb 8, 2011

Korea’s banking giants are tapping China, Vietnam and other Asian countries as they wade through competition in the highly saturated local credit card market, industry watchers said Tuesday. The ove...
Economy faces risks despite recent pickup

Feb 8, 2011

Korea‘s economy still faces many uncertainties despite its recent rebound, a government report said Tuesday, urging more efforts to achieve a “sustained” recovery by coping with lingering downside ri...
Internet banking use up 27 percent last year

TechnologyFeb 8, 2011

The use of Internet banking in Korea rose 27 percent last year from a year earlier as more people conducted financial transactions online for convenience, the central bank said Tuesday. Online banki...
Kindle puts readers and friends on same page

TechnologyFeb 8, 2011

SAN FRANCISCO (AFP) – Amazon on Monday released a preview version of a Kindle software update that puts electronic book readers on the same page with friends still clinging to ink and paper works. P...