The Korea Herald

[Newsmaker] Shinsegae chief faces stormy seas in court

IndustryFeb 7, 2013

Shinsegae Group vice chairman Chung Yong-jin is facing rough seas since taking the helm of the nation’s second-largest retail giant. The prosecution grilled him for 12 hours on Tuesday over allegati...
[Newsmaker] K-water recognized by Thailand

Feb 6, 2013

Despite a growing dispute over alleged flaws of the four-river restoration project here, the nation’s water control and management capability gained recognition overseas as the Korean consortium was ...
[Newsmaker] From gentle bureaucrat to unlikely crusader?

Foreign affairsFeb 5, 2013

Well known for his dovish and docile temperament, Foreign Minister Kim Sung-hwan took center stage after going head-to-head with the mighty presidential transition team on Monday over its plan to unh...
[Newsmaker] Cracks found in Lotte’s 123-story building

IndustryFeb 4, 2013

Lotte Engineering and Construction has yet to promptly address cracks in the 123-story edifice that the company is constructing in its new theme park in Seoul. Up to 11 cracks were discovered in the...
[Newsmaker] Allegations fly despite Ssangyong compromise

PoliticsFeb 3, 2013

A compromise has been reached between the ruling Saenuri Party and main opposition Democratic United Party on the issue of a parliamentary investigation into Ssangyong Motor Co., allowing the extraor...
[Newsmaker] Naro launch paves way for economic upgrade

Jan 31, 2013

The successful launch on Wednesday of the Korea Space Launch Vehicle-1, or the Naro, has brought South Korea, as Education, Science and Technology Minister Lee Joo-ho put it, a “step forward” in adva...
[Newsmaker] Samsung under fire for clumsy response

Social affairsJan 29, 2013

Samsung Electronics came under fire for its clumsy response to a toxic gas leak in its semiconductor line, which killed one subcontract worker and injured four others on Monday. The world’s largest ...
[Newsmaker] Apple relinquishes its crown

TechnologyJan 28, 2013

For any reigning monarch, stumbling off the throne is painful. It’s expected to be the same for Apple Inc., the king of electronics and smartphones, which recently forfeited the crown as the world’s ...
[Newsmaker] PM-designate mired in familiar territory

PoliticsJan 27, 2013

Putting aside the concerns over his administrative capacity, President-elect Park Geun-hye’s choice of presidential transition team leader, Kim Yong-joon, as her first prime minister looks to be head...
[Newsmaker] Lee’s elder brother, ex-aide get jail terms

PoliticsJan 24, 2013

President Lee Myung-bak was dealt a another blow on Thursday as his elder brother and a former aide were convicted of taking illegal funds from failing saving banks. A lower court sentenced his brot...
[Newsmaker] CJ suspected of bribing doctors

Social affairsJan 23, 2013

The police announced on Tuesday that 10 officials at CJ CheilJedang, a chaebol manufacturer of food and medicine, have allegedly given illegal kickbacks worth approximately 4.5 billion won ($4.2 mill...
[Newsmaker] Dijsselbloem out to spur euro recovery

InternationalJan 22, 2013

New President-elect of the Eurogroup and Dutch Finance Minister Jeroen Dijsselbloem addresses the media after an Eurogroup finance ministers meeting at the EU Council in Brussels on Monday. (AP-Yonha...
[Newsmaker] Lee accelerates to record-breaking sprint

More sportsJan 21, 2013

(center) Lee Sang-hwa South Korea’s top speed skater Lee Sang-hwa is getting faster, breaking national and world records in the space of 24 hours. Lee won the Speed Skating World Cup race in Calgar...
[Newsmaker] BAI railed for delay of report on 4 rivers

PoliticsJan 20, 2013

“The Board of Audit and Inspection should be audited and inspected first,” said a TV talk show commentator on Friday, one day after the state agency unveiled the result of its inquiry of the four-riv...
[Newsmaker] Residents fume at Taean spill ruling

Social affairsJan 17, 2013

Taean residents read the court ruling that awarded compensation for an oil spill to victims in the region on Wednesday at a branch office of Daejeon District Court in Seosan, South Chungcheong Provin...