The Korea Herald

Kumho Tire to host golf tournament in China

Jul 5, 2017

Kumho Tire will sponsor the 2017 Kumho Tire Women’s Open at Weihai Point Hotel and Golf Resort in Shandong, China, from Friday to Sunday, the company said Wednesday. Kumho Tire has been holding Kore...
Allianz Life Korea names Sun Lei as new CEO

Jun 30, 2017

Allianz Life Korea said Friday it has appointed Sun Lei as its new head in a reshuffle that also affected its chief financial officer. Sun served in senior posts in the actuary, product, risk and fi...
Jin Air opens new domestic route to Jeju Island

Jun 30, 2017

Jin Air Co., one of South Korea's biggest budget carriers, on Friday opened a new route to Jeju Island to capitalize on growing low-cost travel demand during the peak summer season. The low-cost car...
[Best Brand] VORNADO Korea leads Korea’s air circulator market

Jun 29, 2017

VORNADO Korea, a domestic marketing company that has imported air circulators from US-based VORNADO since 2007, has found its footing in the South Korean market. VORNADO, which started its business ...
Doosan expands power biz in US

Jun 29, 2017

Doosan Group, a major South Korean power equipment conglomerate, said Thursday that it has strengthened ties with US counterparts to expand its presence in the world's largest market. Doosan Heavy I...
Financial firms on guard for cyberattack threats

Jun 27, 2017

Banks and other financial institutions in South Korea have been on guard over threats of cyberattacks by alleged financial blackmailers, according to the banks and financial institutions on Tuesday. ...
Hyundai Motor affiliate fined for unfair business with subcontractors

Jun 25, 2017

South Korea's corporate watchdog said Sunday that it has slapped 360 million won ($316,000) in fines on Hyundai Wia Corp., an auto parts affiliate of Hyundai Motor Group, for abusing its market power...
Samsung ranks No.2 in global wearable market in Q1

Jun 25, 2017

Samsung Electronics Co. gained the No. 2 spot in the global wearable market in the first quarter of this year by overtaking Fitbit for the first time, on the back of the success of its Gear S3 smartw...
Hyundai Heavy affiliate sells stake in parent firm's spin-off unit

Jun 21, 2017

Hyundai Mipo Dockyard Co., an affiliate of shipbuilding conglomerate Hyundai Heavy Industries Co., sold its stakes in the affiliate recently spun off from its parent firm, a move seen to accelerate t...
[People] GS Caltex celebrates golden jubilee

Jun 21, 2017

GS Caltex Chairman Huh Jin-soo hosted a musical concert in Seoul on Monday to celebrate the company’s 50th anniversary with its longtime clients and business partners, the firm said Wednesday. “GS C...
Jeju Air to open route to Taiwan's Kaohsiung next month

Jun 21, 2017

Jeju Air Co., a South Korean budget carrier, said Wednesday it will open a route to Taiwan's Kaohsiung next month, the first such service offered by a local airline. The move is part of local budget...
Kookmin Card signs partnership with US bank

Jun 20, 2017

KB Kookmin Card Co., a unit of South Korea's banking giant KB Financial Group Inc., said Tuesday it has inked a partnership with Bank of Hope in the United States in a move to make inroads into the l...
Hotel Shilla attends tourism expo in Hong Kong

Jun 20, 2017

Hotel Shilla Co., set to open its duty-free shops at an airport in Hong Kong later this year, said Tuesday it has participated in an international travel expo to expand its overseas foothold in the b...
LG Electronics launches AI division

Jun 11, 2017

South Korean tech giant LG Electronics Inc. said Sunday it has reorganized its structure and established two research centers devoted to the development of technologies related to artificial intellig...
Top court confirms guardianship over Lotte founder

Jun 2, 2017

The nation's top court has confirmed the designation of a nonprofit subsidiary of a law firm as the guardian of the founder of the country's retail giant Lotte Group, legal sources said Friday. The ...