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Kumho Tire to host golf tournament in China

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...

Jul 5, 2017
Companies
Allianz Life Korea names Sun Lei as new CEO

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...

Jun 30, 2017
Companies
Jin Air opens new domestic route to Jeju Island

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...

Jun 30, 2017
Companies
[Best Brand] VORNADO Korea leads Korea’s air circulator market

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 ...

Jun 29, 2017
Companies
Doosan expands power biz in US

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...

Jun 29, 2017
Companies
Financial firms on guard for cyberattack threats

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. ...

Jun 27, 2017
Companies
Hyundai Motor affiliate fined for unfair business with subcontractors

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...

Jun 25, 2017
Companies
Samsung ranks No.2 in global wearable market in Q1

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...

Jun 25, 2017
Companies
Hyundai Heavy affiliate sells stake in parent firm's spin-off unit

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...

Jun 21, 2017
Companies
[People] GS Caltex celebrates golden jubilee

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...

Jun 21, 2017
Companies
Jeju Air to open route to Taiwan's Kaohsiung next month

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...

Jun 21, 2017
Companies
Kookmin Card signs partnership with US bank

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...

Jun 20, 2017
Companies
Hotel Shilla attends tourism expo in Hong Kong

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...

Jun 20, 2017
Companies
LG Electronics launches AI division

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...

Jun 11, 2017
Companies
Top court confirms guardianship over Lotte founder

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 ...

Jun 2, 2017
Companies

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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