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State power firms forecast to log big losses in 2021Jan 26, 2021South Korea's five state power companies are projected to post large losses this year due to a government push to reduce dependence on coal for electricity generation and low electricity prices, thei... -
Doosan Heavy clinches W780b desalination plant dealJan 25, 2021Doosan Heavy Industries & Construction Co., a major South Korean plant builder, said Monday it has clinched a 780 billion-won ($707.8 million) deal to build a seawater desalination plant in Saudi Ara... -
Once the nation’s retail giant, Lotte Group in urgent need of transformationJan 25, 2021Lotte affiliates fall out of Kospi’s top-tier list amid lack of innovative growth -
Korea begins reviewing Pfizer vaccineJan 25, 2021The vaccine will be available no later than mid-March -
Hanwha Solutions triples production of safe plastic materialJan 25, 2021Hanwha Solutions said Monday it will triple production of the eco-friendly plastic material Eco-DEHCH to respond to a growing market demand. According to the South Korean solar-to-chemical company, ... -
Hyundai Mipo wins chemicals carrier deal from EuropeJan 25, 2021Hyundai Mipo Dockyard Co., a mid-sized shipyard here, said Monday that it has won a 80.2 billion won ($73 million) order to build two petrochemical carriers for a European company. The deal calls fo... -
Daewoong to start phase 3 trial of COVID-19 preventiveJan 25, 2021Daewoong Pharmaceutical said Monday that it plans to conduct a clinical phase 3 trial for its drug targeted at preventing COVID-19. The company received an approval from the Ministry of Food and D... -
SsangYong Motor cuts wages by half amid liquidity crisisJan 25, 2021Financially troubled SsangYong Motor Co. said Monday it will cut its employee wages in half in January and February as it struggles with mounting costs amid lackluster sales. In a recent message to ... -
Galaxy S21 sales tipped to hover around 2.4m units in S. Korea this year: reportJan 25, 2021Sales of Samsung Electronics Co's new smartphone line, the Galaxy S21, are expected to reach 2.4 million units this year in South Korea, a report showed Monday, as the tech giant tries to expand its ... -
KT hires new advisors for AI, robotics pushJan 25, 2021KT Corp., a major South Korean telecom operator, said Monday global robotics expert Dennis Hong will join the company in an advisory role to help boost its efforts to integrate new technology into th... -
Samsung heir Lee, prosecutors won't appeal ruling in bribery caseJan 25, 2021Samsung heir Lee Jae-yong and the prosecution said Monday that they will not appeal last week's appeals court ruling that sentenced him to 2 1/2 years in prison in a retrial of a high-profile bribery... -
Foreign-invested companies passive about hiring amid pandemic: KOTRAJan 24, 2021As market uncertainty continues due to the COVID-19 pandemic, foreign-invested companies here have been passive about taking on new employees, a report from a state trade agency showed Sunday. Accor... -
SK Holdings to invest in advanced materials, green, bio, digital sectorsJan 24, 2021SK Holdings, an investment-focused holdings firm within SK Group, said Sunday that it will focus its investment on four business areas: advanced materials, green, bio and digital. For investment exp... -
LG Innotek introduces next-generation digital car keyJan 24, 2021Rummaging around for car keys may soon become a relic of the past. South Korea’s electronic component manufacturing firm LG Innotek said Sunday that it has succeeded in developing a digital car key ... -
Posco Q4 profit tipped to jump despite pandemicJan 24, 2021Posco, the world's fifth-largest steelmaker by output, is expected to have logged double-digit operating profit growth in the fourth quarter on increased demand despite the coronavirus pandemic. Str...
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01Virus variants, infection cluster in Daejeon put authorities on alert
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New virus cases fall back to below 400 again; clusters tied to religious facilities on rise02
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03‘NK diplomat is living in South’
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Once the nation’s retail giant, Lotte Group in urgent need of transformation04
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05Samsung’s jailed heir gives up appeal
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For some survivors, COVID-19 won’t go away06
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07[Herald Interview] Young feminist runs for Seoul mayor
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SsangYong Motor cuts wages by half amid liquidity crisis08
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09Nation on alert as coronavirus cases linked to unauthorized school reported in other regions
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[News Focus] Unauthorized alternative schools in blind spot of Korea’s virus control efforts10