Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Monthly users on local streaming platforms outpace Netflix, Disney+
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
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Amore Pacific to sponsor organic forum
Cosmetics maker Amore Pacific on Wednesday said it would be sponsoring the 17th conference of the International Federation of Organic Agricultural Movements to be held here next month.Several of Amore Pacific’s brands such as Osulloc will be participating as sponsors, the company said.The conference
Sept. 21, 2011
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Hanwha’s major construction projects under way
With the aim of becoming one of the major global builders, Hanwha Engineering and Construction has successfully won large-scale construction projects nearly all over the world.One of the latest projects the company won is to build the world’s largest domed arena near Manila.In August, Hanwha began w
Sept. 21, 2011
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Hanwha E&C looks to overseas markets for growth
Builder aims to become one of the world’s top 100 construction firms with sales of W5trHanwha Engineering and Construction is turning its attention to overseas markets to fuel its drive to become one of the world’s top 100 construction companies by 2015.Under the plans announced earlier this year, t
Sept. 21, 2011
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Creditors to allow new bidders for Hynix stake
SEOUL, Sept. 21 (Yonhap) -- Shareholders of Hynix Semiconductor Inc. said Wednesday that they will open up the final bidding for the chipmaker in a move to secure the fairness and transparency of the sale process.Creditors-turned-shareholders of Hynix said on Tuesday that they will proceed to sell a
Sept. 21, 2011
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EUCCK elects new president
Jean-Luc Valerio, chief of the European Aeronautic Defense and Space Company’s Korean operations, has been chosen as the new president of the European Union Chamber of Commerce in Korea, the chamber announced Tuesday.The 53-year-old Frenchman will replace Jean-Marie Hurtiger, chief executive of Rena
Sept. 20, 2011
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KITA forum to discuss global trade
Economic policymakers, academics and industry officials from around the world will discuss challenges and strategies for international trade at a forum organized by the Korea International Trade Association. Scheduled for Sept. 26-27 in Seoul, the conference commemorates Korea’s reaching $1 trillion
Sept. 20, 2011
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Hyundai Heavy starts 2nd Russian farming business
Hyundai Heavy Industries Co. announced on Tuesday that it has set up its second agricultural business in Russia.For the new subsidiary, Hyundai Mikahailovka Agro, the shipbuilding conglomerate took over the Asinovka farm located 150 kilometers north of Vladivostok.According to Hyundai Heavy’s estima
Sept. 20, 2011
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Hynix sale to go ahead as scheduled
Auction will be carried out with SKT as sole bidderCreditors of Hynix Semiconductor Inc. have decided to continue with selling the company on schedule, Korea Exchange Bank said Tuesday.After STX Group pulled out of the bid on Monday, market watchers had raised concerns that the process would be dela
Sept. 20, 2011
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Design helps cities gain more environmental sustainability
Following is the third 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.Richard Register is an American specialist in ecological city design and planning who created the term “ecocity” in the late 1
Sept. 20, 2011
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Hyundai Group to enter telecom market
Conglomerate mulls joining consortium formed by SME associationHyundai Group is poised to once again try its hand in the information and communication industry, as the company was found to have decided to participate in a consortium seeking to set up a telecom service provider. Hyundai is considerin
Sept. 20, 2011
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Seoul begins taking blackout damage claims
The South Korean government began accepting claims Tuesday from businesses who suffered losses from blackouts caused by low electricity reserves last week.A total of 167 claims had already been filed at 294 centers throughout the nation, according to the Ministry of Knowledge Economy.The government
Sept. 20, 2011
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World’s cheapest car now covered with gold, jewels
The Indian automobile giant Tata Motors unveiled the latest version of its signature Nano car crafted in gold, silver and gemstone on Monday in Mumbai.The jewel encrusted GoldPlus Nano is covered in 80 kilograms of 22 carat gold and 15 kilograms of silver, according to local reports. It also fe
Sept. 20, 2011
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Sales at discount chains, department stores grow in Aug.
SEOUL, Sept. 20 (Yonhap) -- Sales at South Korea's major discount chains and department stores rose from a year earlier in August on growing demand for food and daily household products ahead of a major holiday, a government report showed Tuesday.By lunar calendar, Sept. 12 was Chuseok, the Korean e
Sept. 20, 2011
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STX Group drops out of bids for Hynix Semiconductor
STX Group dropped out of the bid for Hynix Semiconductor on Monday.The group, which was bidding for the world’s second-largest chipmaker against SK Telecom, said that the plans were scrapped due to global economic instability and for fears that the large investment required to strengthen Hynix’s ope
Sept. 19, 2011
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Debt-ridden KEPCO dishes out pay raises
The state-run Korea Electric Power Corp. is facing fresh criticism as reports found on Monday that the utility and its subsidiaries doled out hefty salary increases for employees last year despite their multi-trillion won debt.According to a report submitted by the Ministry of Knowledge Economy for
Sept. 19, 2011
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Firms warned over unfair business with subcontractors
The Fair Trade Commission on Monday issued warnings against Lotte Engineering and Construction and LS Cable and System for unfair business practices with subcontractors. In January 2009, Lotte delayed writing a contract for six months even after its subcontracting company started construction work.
Sept. 19, 2011
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FTC to probe retailers on luxury brand commissions
The Fair Trade Commission plans to investigate commission fees at the nation’s top three department stores next month, an official said Monday. The investigation is allegedly aimed at Lotte, Shinsegae and Hyundai department stores that have given favors to foreign luxury brands with lower fees, the
Sept. 19, 2011
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Retailers rev up smart marketing
While most commuters waiting for trains chat with colleagues, read books or skim advertisements on subway platform doors, smartphone users on the bustling platforms of Seolleung Station in southern Seoul now have a new way to kill time: shopping. A simple click brings up the images of life-size stor
Sept. 19, 2011
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‘Street Fighter IV’ to debut on LG’s HD smartphone
LG Electronics on Monday said it has inked a deal with Japanese game developer CAPCOM to release the popular video game “Street Fighter IV,” on its HD Android smartphones that is expected to be launched before the year is out. It will mark the first time for the game series to debut on an Android-po
Sept. 19, 2011
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Korean firms grapple with Myanmar currency
Korean companies in Myanmar are wrestling with the Southeast Asian country’s strengthening currency as it increasingly chokes the viability of their exports, a report said Monday.Burma’s currency, the kyat, is rapidly climbing against the dollar and its counterparts in Asia, up about 30 percent from
Sept. 19, 2011