The Korea Herald

All That Cruise readies Korea’s largest liner

May 2, 2011

Cruise ship operator All That Cruise announced Monday that it will begin operating cruise tours from January. The vessel, tentatively named the Hallyu Star, will be used on routes covering China, Ja...
‘Greentech’ to drive KEPCO’s growth

May 2, 2011

Energy company to invest 3 trillion won, aiming to reach global top five State-run Korea Electric Power Corp. said it is to spend 3.1 trillion won ($2.8 billion) to foster environmental technologies...
Sony chiefs ‘sorry’ for security breach

May 2, 2011

Executives bow in apology for security breach in PlayStation Network online service TOKYO (AP) ― Sony executives bowed in apology Sunday for a security breach in the company’s PlayStation Network th...
Package of tax, loan supports set for builders

May 1, 2011

Investors will also get tax benefits The government said Sunday it would extend tax benefits to real estate investors in the Seoul metropolitan area and widen financial support for local builders as...
STX Group chairman targets global market

May 1, 2011

DALIAN, China ― On Friday, STX Group announced the “Vision 2020” at its shipyard in Dalian, China at an event celebrating the group’s 10th anniversary. The group hopes to become one of South Korea’s...
Hyundai, Kia launch hybrid Sonata, K5

May 1, 2011

Hyundai Motor Group’s two carmakers Hyundai Motor Co. and Kia Motors Corp. are receiving orders for their first gasoline-hybrid electric vehicles from Monday. While the carmakers had introduced hybr...
[Herald Interview] Woman’s touch puts Sempio on the map

May 1, 2011

In just a month, Sempio Foods has raised its target for the sales of “A Hundred Years” to 60 billion won ($55.9 million) by 50 percent after watching the bottles of citron vinegar fly off the shelves...
Asiana lounge in Incheon named best in Asia-Pacific

May 1, 2011

Asiana Airlines said Sunday the company’s lounge in Incheon International Airport was picked as the best lounge in the Asia-Pacific region by Priority Pass. The country’s No. 2 air carrier said that...
[News Focus] Doubts plague new ‘Cinderella’ law

May 1, 2011

Rule to limit access to video games likely hard to enforce The National Assembly passed a controversial bill to ban teenagers from accessing online games midnight last Friday. But parliament is imme...
China jails 14 in tainted milk case

May 1, 2011

BEIJING (AP) ― Chinese courts have sentenced 14 people to prison for producing or selling melamine-tainted milk powder, news reports said Saturday, highlighting Beijing’s struggle to stamp out rampan...
Obama calls for end to oil firm tax breaks

May 1, 2011

Expecting soaring pump prices, U.S. keeps up push to end tax breaks for oil, gas companies WASHINGTON (AP) ― President Barack Obama says oil companies are profiting from rising pump prices and he wa...
Industries for smaller players to be chosen

Apr 29, 2011

A semi-government committee on mutual growth said it will select in August the industries conglomerates would be discouraged from entering or expanding in to give their smaller counterparts more oppo...
STX Group sets sights on seventh-biggest spot

Apr 29, 2011

DALIAN, China ― STX Group aims to become one of South Korea’s seven largest conglomerates in terms of assets by 2020, the company announced in Dalian on Friday. The business group revealed its “Visi...
Samsung profit lowest in 7 quarters

Apr 29, 2011

World’s top memory chipmaker sees tough conditions in coming quarter Samsung Electronics Co. said Friday it logged 2.95 trillion won ($2.7 billion) in net profits for the first quarter of this year ...
Samsung Electronics Q1 net down 30% on weak TV, PC demand

Apr 29, 2011

Samsung Electronics Co., the world's top memory chip and liquid crystal display (LCD) panel maker, said Friday that its first-quarter earnings fell 30.3 percent on-year, hurt by weak demand for TVs a...