The Korea Herald

[Graphic News] S. Korea has 5th largest video game market in world

Dec 25, 2020

South Korea’s video game market was the fifth largest in the world in 2019, falling one position from the previous year, a report showed. The country's video game market reached sales of 15.6 tril...
[Graphic News] Paris, Zurich and HK world’s most expensive cities

Nov 24, 2020

Paris and Switzerland’s Zurich tied Hong Kong as the world’s most expensive cities this year as the COVID-19 pandemic impacted the prices of everyday items, according to a report from the Economist ...
Alibaba posts solid revenue ahead of shopping festival

Nov 5, 2020

SHANGHAI (AFP) -- Chinese e-commerce leader Alibaba on Thursday reported solid 30 percent year-on-year revenue growth for the July-September quarter, providing some much-needed good news amid turmoil...
EU cuts 2021 economic outlook as virus spreads

Nov 5, 2020

BRUSSELS (AP) -- The European Union's executive commission on Thursday lowered its growth forecast for the economic rebound from the coronavirus pandemic next year and said the economy wouldn't reach...
World markets, Wall Street futures rise on US election day

Nov 3, 2020

BEIJING (AP) -- Global stock markets and US futures rose Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic st...
Global watchdog proposes tax overhaul for Big Tech

Oct 12, 2020

LONDON (AP) -- A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the ...
Global shares rise with US stimulus, virus cases in focus

Oct 12, 2020

TOKYO (AP) -- Global shares mostly rose on Monday as investors weighed the prospects of more US economic stimulus and rising coronavirus cases across the world. US shares were set for a steady outse...
Amazon envisions new palm reading tech in stadiums, offices

Sept 29, 2020

SEATTLE (AP) -- Amazon has introduced new palm reading technology in a pair of Seattle stores and sees broader uses in places like stadiums and offices. Customers at the stores near Amazon's campus ...
[Graphic News] Global views on economy turn sharply negative

Sept 10, 2020

Public attitudes about the economy have become bleaker as the coronavirus pandemic continues to weigh globally, according to a Pew Research Center survey released recently. Overall, a median of on...
GM to make electric vehicle, supply batteries for Nikola

Sept 8, 2020

General Motors formed its second major electric vehicle partnership in less than a week, this time a $2 billion deal with startup Nikola. GM will take an 11 percent ownership stake in the Phoenix co...
[Graphic News] LG Chem becomes No. 1 EV battery supplier in 2020

Sept 8, 2020

LG Chem became the largest supplier of electric vehicle batteries in the first seven months of this year, data showed. Based on the global usage of EV batteries, LG Chem’s market share stood at 25...
Germany sees strong economic rebound, no second virus lockdown

Sept 1, 2020

FRANKFURT AM MAIN (AFP) -- Germany is in a V-shaped economic recovery and should avoid a new phase of lockdowns, the economy minister said Tuesday, despite a resurgence of coronavirus cases. German ...
Tesla announces plans to sell up to $5b in new stock shares

Sept 1, 2020

DETROIT (AP) -- A day after its 5-for-1 stock split took effect, Tesla is announcing plans to sell up to $5 billion worth of common shares. The electric car and solar panel maker says in a filing wi...
[Graphic News] Samsung maintains No. 1 spot in global DRAM market in Q2

Aug 27, 2020

Samsung Electronics maintained its dominant status in the global DRAM market in the second quarter of the year, a report showed, as the pandemic drove demand for server chips. The South Korean tec...
[Graphic News] PC sales climb as virus keeps consumers at home

Jul 16, 2020

PCs, somewhat left behind in the mobile internet age, are making a comeback as people stuck at home due to the coronavirus rely on them for work, education and entertainment, industry watchers say. ...