The Korea Herald

[Monitor] Half of married couples have double income

Jun 25, 2020

About half of married couples in South Korea earned two incomes in 2019, data from Statistics Korea showed. Among 12.305 million households led by married couples, 5.662 million were dual-income, wh...
SK Biopharmaceuticals issues record-breaking IPO

Jun 24, 2020

2020 to be remembered as a turning point for Korean biopharma industry
South Korea’s Trade Minister Yoo Myung-hee bids to lead WTO

Jun 24, 2020

South Korea‘s Trade Minister Yoo Myung-hee on Wednesday officially announced her bid to become the next general director of the World Trade Organization (WTO). Yoo, 53, is the third South Korean to ...
[Herald Interview] ‘Lithium-ion batteries are approaching theoretical limits on energy density’

Jun 24, 2020

Backed by strong investors, including Samsung and Hyundai, Solid Power CEO says solid-state batteries can surpass conventional EV batteries with price competitiveness
S-Oil donates scholarship worth W280m to students from orphanage

Jun 24, 2020

S-Oil said Wednesday it donated 280 million won ($232,420) to 114 students from an orphanage as part of its scholarship program. According to the South Korean refiner, it held the S-Oil Dream Schola...
Korea’s antitrust watchdog approves LVMH-Tiffany merger

Jun 24, 2020

South Korea’s antitrust watchdog has approved the merger between French multinational corporation LVMH and American jewelry company Tiffany & Co., saying there is no concern of competition restrictio...
Samsung Biologics achieves 95.57% of last year’s revenue in June alone

Jun 24, 2020

Another CMO deal, worth $314m, boosts earnings
[Monitor] Non-regular workers lose jobs six times more amid pandemic

Jun 24, 2020

South Korea’s non-regular workers lost jobs more than six times as much as regular workers amid the pandemic, data showed Tuesday. A local civic group Gabjil119 surveyed 1,000 office workers about h...
LG Chem retrieves deadly gas from India

Jun 23, 2020

In the aftermath of a deadly styrene gas leak at an LG Polymers plant in India last month, LG Chem said Monday that it has shipped the toxic gas back to Korea. According to LG Chem, of the 14,000 me...
Posco, partner firms up efforts to boost local economy

Jun 23, 2020

Posco said Tuesday it is promoting “good consumption” with its partner companies by making advance payments in traditional markets for vouchers to revive local economies depressed by the COVID-19 out...
Celltrion shares upbeat after Italian COVID-19 patient recovers with Remsima

Jun 23, 2020

Celltrion shares rose 7.58 percent on Tuesday, following news that an Italian COVID-19 patient tested negative for the virus a week after being treated with Celltrion’s autoimmune disease treatment R...
Boryung’s innovative cancer treatment ‘more potent’ than existing PI3Ks

Jun 23, 2020

Boryung Pharmaceutical presented the outcomes of the preclinical tests of its innovative blood cancer treatment on Tuesday at the American Association for Cancer Research, saying that the BR101801 pi...
How far will Samsung Biologics’ shares soar?

Jun 23, 2020

Ranking officials sell shares at $700
SD Biotechnologies expands presence in overseas markets

Jun 23, 2020

South Korea’s SD Biotechnologies is rapidly fueling its business overseas through online and offline channels, according to officials. The beauty and health care company boasts six growing brand lin...
Samsung heir makes another on-site visit amid uncertainties

Jun 23, 2020

Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday made his third on-site visit in less than 10 days to check the company's future strategy amid global uncertainties. Lee, the de facto leader...