The Korea Herald

McDonald’s reaches out to support COVID-19 heroes

Mar 30, 2020

McDonald’s Korea said Monday it has donated 8,000 burgers and coffee cups to subway cleaning staff through Seoul Volunteer Center. The fast-food chain said it delivered 4,000 coupons each for Bic Ma...
Airbnb hosts squeezed by COVID-19, angry at refund policies

Mar 30, 2020

In January, Airbnb “Superhost” Diana Jeong quit her job as she was expecting a baby this spring. What she did not expect was a pandemic that would upend her transition to becoming a full-time Airbnb ...
[News Focus] Hanjin to ‘make painstaking self-rescue efforts’

Mar 29, 2020

Cho Won-tae faces challenges over coronavirus-hit Korean Air, unfinished leadership dispute
GS Group‘s Huh vows to lead transformation

Mar 29, 2020

GS Group is expected to undergo a transformation under the leadership of Huh Tae-soo, who was formally appointed CEO of the group’s holding firm and chairman of the board during a shareholders meetin...
Daewoo E&C steps up new growth initiatives

Mar 29, 2020

Construction firms invests in drone startup company
SK Energy’s new Ulsan facility ready for production

Mar 29, 2020

South Korea’s leading oil refinery and gas station operator SK Energy said Sunday it had completed a successful trial run of its desulfurization facility, ready for commercial production. Since 2018...
[Newsmaker] Telegram outrage spills over to Korean ‘Lolita’ game characters

Mar 29, 2020

According to the Game Rating and Administration Committee, which assigns ratings to games, games for children 12 and over are limited to “almost no sexual content” but can show certain body parts inc...
LIG Group honorary chairman dies at age 86

Mar 28, 2020

LIG Group Honorary Chairman Koo Cha-won died Saturday of a chronic illness, the company said. He was 86. Born in 1935, Koo was the second-generation leader at LIG Group, which was spun off from LG G...
Samsung, LG, Hyundai close more overseas plants

Mar 27, 2020

South Korean firms are shutting down more facilities across the world given the coronavirus spread, according to industry sources Friday. Samsung Electronics has reportedly decided to shut down its ...
LG Group chief highlights risk management amid virus spread

Mar 27, 2020

LG Corp. CEO Koo Kwang-mo, leader of South Korea’s fourth-largest conglomerate, said Friday he will focus on risk management amid the global coronavirus pandemic. At the company’s annual shareholder...
Hyundai to suspend plants in Russia and Turkey amid virus woes

Mar 27, 2020

Hyundai Motor Co., South Korea's biggest carmaker by sales, said Friday it will halt its plants in Russia and Turkey, the latest in a series of suspensions due to the new coronavirus outbreak. Hyund...
Samsung to shutter another Brazil plant over new coronavirus

Mar 27, 2020

Samsung Electronics Co. said Friday it will temporarily close another manufacturing plant in Brazil due to the spread of the novel coronavirus. Samsung will suspend operation of its manufacturing pl...
LG Electronics to shutter US washing machine plant over COVID-19

Mar 27, 2020

LG Electronics Inc., a major South Korean home appliance maker, said Friday it will temporarily shut down its washing machine plant in the United States for two weeks due to the spread of the novel c...
Hyundai Motor heir gains W18b through stock buyback

Mar 26, 2020

Hyundai Motor Group Executive Vice Chairman Chung Euisun, who recently purchased treasury shares, has seen gains from the stock market recovery as well as the strengthening of his control. The marke...
Crisis-hit Doosan Heavy to get 1 tln won in loans from 2 policy lenders

Mar 26, 2020

Doosan Heavy Industries & Construction Co. said Thursday that it has opened a 1 trillion-won ($812 million) credit line from two state lenders, a move that could help prevent a possible liquidity cru...