The Korea Herald

NPS exercises shareholder rights more often since adopting stewardship code

Feb 5, 2020

The National Pension Service has exercised its shareholder rights more actively since it adopted the stewardship code in 2018, said a local corporate tracker. On Wednesday, CEO Score released the re...
Coronavirus outbreak to push up prices of chips, display panels

Feb 5, 2020

The spread of coronavirus in China is likely to push up prices of semiconductors and display panels, analysts said Wednesday, amid possible supply chain disruptions of key industrial materials. Chin...
Nexon Korea tentatively agrees on 6.8% salary hike

Feb 4, 2020

Korean game giant is first in industry to openly announce wage hike rate
[Photo News] 7-Eleven opens stores for foodies

Feb 4, 2020

Customers visit Food Dream, a food store launched by convenience store chain 7-Eleven in July 2019. Compared with conventional stores, Food Dream has recorded double the sales in the food category s...
[Monitor] South Korea’s debt-GDP ratio rises at 2nd-fastest pace

Feb 4, 2020

Household debt in South Korea equaled 95.1 percent of the country’s gross domestic product as of the third quarter last year, up 3.9 percentage points from a year earlier, data from the Institute of ...
Hyundai Motor halts production at local plants on parts supply disruption

Feb 4, 2020

Prolonged coronavirus outbreak hampers production capacity of Korean firms
Tata Daewoo to strengthen truck lineup to boost sales

Feb 4, 2020

Tata Daewoo Commercial Vehicle Company Ltd., the South Korean unit of Indian carmaker Tata Motors Ltd., said Tuesday it will strengthen its truck lineup to revive sales in Korea. Tata Daewoo will la...
Movie ticket sales fall to 8-year low in Jan.

Feb 4, 2020

South Korean movie theaters saw their total monthly admissions for January drop to an eight-year low, data showed Tuesday, amid fears of the rapid spread of the new coronavirus. According to data co...
Coronavirus scare nudges pharmas to scale up telecommuting

Feb 4, 2020

Multinational pharma firms in South Korea are scaling up the telecommuting options for their employees -- work from home or remote places -- to prevent the spread of the new coronavirus, industry sou...
Overseas trip cancellations sharply up in Jan. due to coronavirus outbreak

Feb 4, 2020

South Korea's tourism industry is expected to take the hardest hit among local businesses here from the outbreak of a new coronavirus as more citizens cancel their overseas trips out of infection con...
S. Korea eases working-hour limit on mask producers amid coronavirus

Feb 4, 2020

South Korea said Tuesday it will exempt local producers of masks and sanitary products from the 52-hour workweek restriction, as such companies are experiencing an unexpected surge in their workloads...
SK batteries to become more ethical

Feb 4, 2020

SK Innovation, an energy solution affiliate of SK Group, said Tuesday it has joined the Responsible Minerals Initiative to facilitate ethical sourcing of minerals for its battery production. RMI is ...
Films on epidemic disease go viral on OTT platforms in Korea

Feb 4, 2020

More people are using OTT services amid mounting fears over the month-old coronavirus epidemic, according to data collected by local over-the-top streaming service operators. Disaster films are espec...
Hyundai's 'Smaht Pahk' places 2nd in ranking of Super Bowl ads

Feb 4, 2020

WASHINGTON -- Hyundai's new Sonata commercial featuring Chris Evans and other stars came in a close second in USA Today's ranking of Super Bowl ads, the outlet said Monday. The 60-second commercial ...
Duty-free sales hit record high in 2019

Feb 4, 2020

Sales at South Korean duty-free stores hit a new annual high of over 24 trillion won last year, industry data showed Tuesday, mainly on the back of more foreign customers, mainly Chinese visitors. T...