Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Woman gets suspended term for injuring boyfriend with knife
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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Samsung chief bolsters ties with Germany’s Zeiss
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KT launches new mobile plans for foreign residents
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BAT to take wraps off Lucky Strike
British American Tobacco Korea’s Lucky Strike Original Red BAT Korea British American Tobacco Korea’s Lucky Strike Original Red. (BAT Korea)British American Tobacco Korea said Tuesday it plans to release its Lucky Strike cigarettes here in a bid to grab a larger slice of the local market.L
Oct. 4, 2011
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POSCO signs 5-year supply agreement with Shell
By Choi He-suk POSCO announced on Tuesday that it signed a long-term steel plate supply contract with Royal Dutch Shell.According to POSCO, the agreement is one of the first in which a steelmaker has signed on as a sole supplier to a multinational oil company.Under the agreement, signed on Sept. 28,
Oct. 4, 2011
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Homeplus sets up team for shared growth
By Lee Ji-yoonHomeplus, the nation’s No. 2 supermarket chain, said Tuesday it has launched a team responsible for shared growth with its business partners. The team was organized in April to better support transactions of small and medium-sized suppliers and improve contract conditions, the company
Oct. 4, 2011
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Meet the world-famous designers at iDEA Herald Design Forum
Chris BangleChris BangleBest known as a chief designer of BMW Group, the American automobile designer is now in Korea as a design consultant for Samsung Electronics. He became famous for his controversial updates of the BMW 7 Series E65 in 2002. Despite much criticism of his revolutionary designs, t
Oct. 4, 2011
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Herald design forum opens to eager audience
The iDEA Herald Design Forum will be kicking off Thursday for a two-day event to gather top industrial designers from both home and abroad.Once here, they will suggest ideas for new designs and help cater to savvier customers who are now demanding more than just function from products.The forum will
Oct. 4, 2011
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LG to release 4G smartphone in Korea
LG Electronics Inc., the beleaguered world‘s No. 3 mobile-phone maker, said Tuesday that it will launch in South Korea a fourth-generation smartphone that will run on a faster network. The company will roll out this week the Optimus LTE smartphone through the leading mobile carrier SK Telecom Co. an
Oct. 4, 2011
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Tire labeling: A game changer
Industry expects more business opportunities from green tiresDUSSELDORF, Germany ― Germany-based specialty chemicals company LANXESS celebrates the annual “rubber day” in September. To mark 102 years of synthetic rubber, the company held a business conference in this German city on Sept. 21.The even
Oct. 3, 2011
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Airport finds banned items on 800 travelers
Cases of airline passengers possessing goods banned in-flight, including weapons, numbered nearly 800 at South Korea’s major international airport over the past three years, a lawmaker said on Thursday.Authorities detected 795 instances in which passengers possessed such items ranging from lethal we
Oct. 3, 2011
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‘Cars, refineries to see export boom in Q4’
South Korea’s automobile and oil refining industries are expected to enjoy a boom in exports in the fourth quarter of this year, underpinned by growing overseas demand, a report said Monday.The country’s construction and steel industries, however, have a grimmer fourth-quarter outlook due to a slump
Oct. 3, 2011
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KB chairman joins IIF board of directors
Euh Yoon-dae, chairman and CEO of KB Financial Group, on Monday was appointed to the board of directors of the Institute of International Finance, the world’s largest industry group of financial institutions.KB said in a statement that Euh, the former head of the Presidential Council on National Bra
Oct. 3, 2011
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Lotte chairman hints at M&A of blue-chip companies
Lotte Group chairman Shin Dong-bin recently emphasized efforts to turn the current economic crisis into an opportunity, urging executives to look for blue-chip companies for mergers and acquisitions. “This time of economic downturn could be an opportunity. We need to be more active in the M&A of hea
Oct. 3, 2011
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Daewoo International gears up for gas project in Myanmar
Daewoo International Corp. said Sunday it has begun infrastructure work for a gas project in Myanmar after completing drilling and production tests.The Korean resources developer will establish seabed platforms, onshore terminals and pipelines at two offshore fields in the Southeast Asian country in
Oct. 3, 2011
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Samsung proposes deal to Apple in Australia
Samsung Electronics Co. made a proposal to Apple Inc. to resolve their patent dispute in Australia regarding touch-screen technology, a Sydney court was told Sept. 30. Samsung lawyer David Catterns didn’t give details about the proposal, and Apple will need time to consider it, Apple lawyer Steven B
Oct. 3, 2011
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Global slowdown, weak earnings dog economy
Weak demand from overseas and continued stock exodus to bring current account down furtherAn increasingly worse outlook for Korea’s major trading partners is throwing more doubt on the debt and inflation-saddled economy.Analysts expect the current account surplus to continue shrinking as demand drop
Oct. 3, 2011
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Chinese holidaymakers flood Korea
Chinese tourists are pouring into the country with the start of the mainland’s National Day Golden Week, raising Korea’s hopes for a chance to bolster its tourism revenues. With more than 70,000 Chinese visitors expected to visit this week ― a 20-percent increase from last year ― the state-run Korea
Oct. 2, 2011
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LGE 3-D TV named best brand by U.S. magazine
A 3-D TV set made by South Korea’s LG Electronics Inc. has been selected as this year’s best model for its clear picture and vivid color, a U.S. online computer magazine said Sunday.According to PC World, which has 5 million subscribers, LG’s 47-inch Cinema 3D TV, or LG Infinia 47LW6500, ranked firs
Oct. 2, 2011
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Ssangyong E&C signs deal for condos in Vietnam
Ssangyong Engineering and Construction Co. announced Sunday that it has won a $57.8 million contract to build part of a condominium complex in Vietnam.Under the contract, issued by a subsidiary of the Singaporean real estate developer Keppel Land, Ssangyong E&C will build three of the 12 residential
Oct. 2, 2011
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Samsung sees light ahead despite downturn
Electronics maker says will get through crisis on combined efforts with suppliersRecovery does not seem to be in the cards for the global economy, but Samsung remained upbeat and pledged to continue working with its partners to come back with a vengeance when the markets pull through the current cri
Oct. 2, 2011
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‘Why’ is designer’s most critical question: Bangle
World-renowned designer calls work with Samsung inspiring and challengingFollowing is the sixth in a series of interviews with world’s top designers and scholars who will participate in the Herald Design Forum in Seoul from Oct. 5 to Oct. 6. ― Ed. An upcoming visit by visionary designer Chris B
Oct. 2, 2011
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Sempio to unveil soy sauce cotton candy
Local condiment maker Sempio Foods Co. said Friday it would unveil its soy sauce cotton candy on Sunday. In Japan, ice cream and candies that use soy sauce have already been enjoyed. But it is the first time in the world that cotton candy has been made of soy sauce, the company said. Based on the id
Sept. 30, 2011