The Korea Herald

[Graphic News] Myeongdong ranks 8th most expensive retail street in world

Nov 26, 2017

South Korea's Myeongdong has been ranked world’s 8th most expensive retail district with annual rents at $914 per square foot, according to Cushman & Wakefield’s 2017 Main Streets Across the World r...
Goldman sees four 2018 Fed rate hikes as US growth gains

Nov 19, 2017

The US economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman S...
[Graphic News] Luxury market set for record year in 2017

Nov 16, 2017

After a year of stagnation the luxury market has returned to growth and will likely set a new record of 1.2 trillion euros ($1.4 trillion) in 2017, said a study released by consulting firm Bain and ...
[Graphic News] Global smartphone sales keep momentum: IDC

Nov 13, 2017

The global smartphone market has momentum going into the year-end holiday shopping season, according to the International Data Corporation. An estimated 373.1 million smartphones were shipped worl...
[Graphic News] Koreans’ average salary ranks low in OECD

Nov 12, 2017

The average annual salary of South Koreans ranked mid to low among major economies last year, with its growth rate over the past six years also hovering below the median, a report said. According ...
[Graphic News] Korean Air named world's 8th best airline

Nov 9, 2017

South Korea’s Korean Air has been named the 8th best airline in the world, according to the international aviation website AirlineRatings.com. Air New Zealand claimed the top award for the fifth s...
US, Chinese companies sign contracts during Trump visit

Nov 8, 2017

U.S. and Chinese companies on Wednesday signed business deals the two sides valued at $9 billion during a visit by President Donald Trump in a tradition aimed at blunting criticism of Beijing's trade...
Shares of 'arrested' Saudi billionaire's company dive

Nov 5, 2017

RIYADH -- Shares in Kingdom Holding, 95 percent of which is owned by Saudi billionaire Prince Al-Waleed bin Talal, fell sharply Sunday after reports of his arrest. The share price of the company, wh...
[Graphic News] Asia leads world in number of billionaires

Nov 5, 2017

The number of billionaires worldwide rose above 1,500 last year, a 10 percent jump from 2015, due largely to a surge in Asia. In an annual report, Swiss banking giant UBS and auditors Pricewaterho...
Alibaba launches electronic trading hub in Malaysia

Nov 3, 2017

KUALA LUMPUR - Alibaba launched an electronic trading hub in Malaysia Friday aimed at helping small- and medium-sized businesses, a first for the Chinese internet giant outside its home country. The...
Twitter shows signs of life with renewed user growth

Oct 26, 2017

Twitter Inc. beat sales estimates and added more monthly users, indicating signs of life at the social network that has struggled to attract new consumers and advertisers. The shares surged. Twitter...
[Graphic News] Chrome remains world's most popular browser

Oct 26, 2017

Chrome is the most popular browser in the world, used by 62.09 percent of web surfers. The advent of Chrome had signaled trouble for all other browsers. Today, it easily outperforms the likes of Int...
Coca-Cola profit rise 38 percent, on higher Sprite demand

Oct 25, 2017

ATLANTA -- Coca-Cola's third-quarter profit rose 38 percent as it sold more Sprite and bottled tea and coffee drinks in the US. The Atlanta company has been diversifying its drinks and lowering the ...
Bitcoin hits $100 billion four times faster than Apple: Gadfly

Oct 24, 2017

(Bloomberg Gadfly) -- There is no official measurement. In that run, it has added roughly $90 billion in value, crossing above $100 billion for the first time on Friday before dropping back a bit. I...
[Graphic News] Koreans rank 8th in mobile data usage in OECD

Oct 22, 2017

South Koreans used a monthly average of 3.83 gigabytes of data on their smartphones last year, ranking eighth among member states of the Organization for Economic Cooperation and Development, accord...