The Korea Herald

Korea to boost energy ties with Latin America

Apr 25, 2011

A Korean delegation team led by Second Vice Minister of Knowledge Economy Park Young-june will visit South America from April 26 to May 5 in an effort to boost energy ties with the region, the minist...
Samsung, Sony LCD venture to cut capital

Apr 25, 2011

S-LCD Corp., a venture between Samsung Electronics Co. and Sony Corp., said Monday that it will reduce capital through a share cancellation as part of efforts to improve its capital structure. In a ...
LG Uplus launches app that locates local discounts

Apr 25, 2011

LG Uplus said Monday it recently launched a location-based social shopping service which enables people to save points or take part in events while they shop in its listed stores. Having launched th...
Hyundai Motor Group basks in growth streak

Apr 25, 2011

Hyundai Motor, Kia, Mobis post record sales with share prices soaring The share prices of Hyundai Motor Group’s three automotive companies have reached new highs on an almost daily basis in recent m...
Automakers unveil local China brands

Apr 25, 2011

Global carmakers adopt China-specific brands seen as tool to wrest technology from abroad SHANGHAI (AP) ― Some of the new Chinese cars unveiled at this week’s Shanghai Auto Show are affordable for m...
Sony ‘rebuilding’ PlayStation Network after outage

Apr 25, 2011

NEW YORK (AP) ― Sony Corp. said it is rebuilding its PlayStation Network to bring it back online after an “external intrusion” caused it to suspend the service. The company said it turned off the se...
State regulator launches query on Apple

Apr 25, 2011

The state media regulator said Monday it launched an investigation against Apple Inc. over its collection of information of its smartphone users in Korea. The Korea Communications Commission said it...
SK chairman suffers investment loss of over W100b

Apr 24, 2011

The chief of SK Group, a South Korean conglomerate, has suffered a loss of more than 100 billion won ($92.5 million) from futures investment, sources said Saturday. The National Tax Service, the cou...
Hyundai Motor Group reaches new high in U.S. midsized market

Apr 24, 2011

Hyundai Motor Group’s share of the United States’ market for midsized sedans for the first quarter of the year rose to a record high, industry data showed Sunday. According to industry data, 66,554 ...
Struggling chaebol take out loans on stocks

Apr 24, 2011

Owners of top industrial companies took out loans against their own shareholdings Owners of some of the nation’s top “chaebol” industrial groups have obtained loans from creditors by offering nearly...
GM likely to retake No. 1 spot from Toyota

Apr 24, 2011

The auto giant’s sales are up in U.S. and China, coming back from bankruptcy DETROIT (AP) ― General Motors is almost certain to claim the title of world’s biggest automaker this year, retaking the t...
KCC demands explanation for smartphone location log

Apr 24, 2011

Korean regulator to ask Apple’s on nature of location collected on devices An Apple Inc. logo hangs above the entrance at the Fifth Avenue store in New York. (Bloomberg) Korea’s top communications ...
Sony chairman credited with developing CDs dies

Apr 24, 2011

TOKYO (AP)- As a young man, aspiring opera singer Norio Ohga wrote to Sony to complain about the quality of its tape recorders. That move changed the course of his life, as the company promptly recr...
Hyundai, Renault Samsung to recall 74,000 mid-size cars

Apr 24, 2011

Hyundai Motor Co. and Renault Samsung Motor Co. will recall around 74,000 mid-size passenger cars sold in South Korea due to a manufacturing defect and a safety problem, respectively, Seoul's transpo...
SK Group chairman suffers investment loss of over 100 billion won

Apr 23, 2011

Chief of SK Group, a South Korean conglomerate, has suffered a loss of over 100 billion won ($92.5 million) from futures investment, sources said Saturday. The National Tax Service, the country's ta...