The Korea Herald

Hyundai Glovis partners with Norwegian firm for eco-friendly shipping business

Sept 3, 2020

Hyundai Glovis said Thursday it has partnered with Norwegian-based shipping group Wilh. Wilhelmsen Holding ASA to proactively respond to changes in the future shipping industry. The two firms signed...
Incheon Airport projected to lose over W430b this year

Aug 31, 2020

Incheon International Airport Corp. is set to post an annual deficit of over 430 billion ($ 363 million) won this year, according to its latest projection Monday. As things stand in August, the airp...
Hyundai Motor unveils Ioniq brand song with BTS

Aug 31, 2020

Hyundai Motor said Monday it will introduce brand song of its new electric vehicle Ioniq with boy band BTS. The brand song “Ioniq: I’m on it” will be distributed on the automaker’s global website at...
Hyundai Motor to field 9 new vehicles in China by end of 2021

Aug 30, 2020

Hyundai’s sales in China, which stood at 1.14 million units in 2016, nosedived to 785,700 in 2017, maintained a similar level of 790,117 in 2018, and then dropped to 650,123 last year. As a result, H...
[Herald Interview] A progressive launch of airline in midst of pandemic

Aug 30, 2020

Aero K CEO Mike Kang confident in targeting niche market with mold-breaking identity
Eastar Jet to send letters of intent to candidates this week

Aug 30, 2020

Low-cost carrier Eastar Jet is speeding up a new acquisition deal after talks with Jeju Air were scrapped last month. The airline said Sunday its financial advisers Deloitte Korea, Yulchon and Heung...
Kia Motors launches revamped Stinger Meister

Aug 27, 2020

Kia Motors launched the face-lifted version of sports sedan Stinger Meister on Thursday, with enhanced performance. Revealing a promotional video featuring actor Go Soo on YouTube and Naver TV, the ...
Mercedes-Benz Korea unveils 3 new models of luxury SUV family

Aug 27, 2020

New Mercedes-Benz Korea CEO Kim Jee-seop says he feels great responsibility
Real estate startups surge in H1 despite pandemic

Aug 27, 2020

Wholesale, retail and technology startups increase, lodging and restaurants decline
KDB says ball in HDC’s court after chiefs’ talks on Asiana deal

Aug 26, 2020

The Korea Development Bank, Asiana Airlines’ main creditor, said it will await HDC Hyundai Development Company’s answer on acquiring the airline after a fresh round of talks between their chiefs in S...
Samsung donates over $4m in US to support fight against COVID-19

Aug 26, 2020

South Korean tech giant Samsung Electronics is continuing to help various communities hit by the COVID-19 pandemic worldwide, with its latest donation worth $4 million going to nonprofit organization...
[News Focus] Struggling tire makers face bumpy road ahead

Aug 26, 2020

Rise of rivals, US antidumping probe and internal disputes weigh down key industry
Singapore’s antitrust agency approves KSOE-DSME merger

Aug 25, 2020

Singapore’s antitrust watchdog has approved the merger of the world’s two largest shipbuilders, Hyundai Heavy Industries confirmed Tuesday. The Competition and Consumer Commission of Singapore concl...
Korean Air sells in-flight catering business at W990b

Aug 25, 2020

Korean Air has sold its in-flight catering and duty-free business to private equity fund Hahn & Co. for 990 billion won ($758 million) as part of its efforts to secure liquidity. The decision was ap...
Renault Samsung’s XM3 appeals to younger buyers

Aug 25, 2020

Renault Samsung Motors’ compact sport utility vehicle XM3 is gaining praise from young consumers for its unique design, according to market watchers. The XM3 reportedly sold 10,000 units in just 49 ...