The Korea Herald

Articles by 김주연

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Over 8 million jobs taken by 50s or older

The number of employed people over 50 has exceeded 8 million for the first time, reflecting an older workforce brought on by Korea’s fast-aging society. Statistics Korea said Thursday that the numbe...

May 12, 2011
Finance
Safdie bids for Incheon Airport terminal No. 2

Famed architect Moshe Safdie on Thursday said his team aimed to incorporate elements unique to Korean culture in his design bid for a second terminal at Incheon International Airport. Addressing rep...

May 12, 2011
Finance
Real interest rates below zero percent

Real interest has stayed below inflation for the past year, devaluing returns on bond investments and deposits at banks, a government report said Wednesday. The interest rate on 1-year savings produ...

May 11, 2011
Finance
36% of recent college graduates out of work

The number of unemployed fresh college graduates increased by 0.2 percent in April from a year earlier despite a drop in the overall jobless rate, Statistics Korea said Wednesday. Some 63.6 percent ...

May 11, 2011
Finance
Ex-FSS, BOK officials on troubled banks’ payrolls

Data shows practice leads to collusion between lenders and watchdog One in three savings banks suspended in the last decade had hired former officials from the financial watchdog or the central bank...

May 9, 2011
Finance
Mega Mini is fun in traffic, seriously cool

The 2011 Mini Cooper S Countryman is a big Mini. Big, of course, is relative in this case, but this new four-door’s size rankles purists, who point to the name of the brand itself. You can’t have a s...

May 8, 2011
Automode
Bigger now better in fuel efficiency race

With Hyundai and Kia releasing gasoline-hybrid electric vehicles, you might want to consider something bigger than a compact model. Mid-sized cars can be just as fuel efficient. No compact cars were...

May 8, 2011
Automode
Korea to cut collusion in financial sector

The administration and the National Assembly have begun in earnest to reform the nation’s top financial watchdog, to cut its long-held collusive ties with financial companies it supervises. Assessin...

May 6, 2011
Finance
Finance chiefs vow to bolster regional safety net

Korea, China, Japan agree to double regional emergency liquidity fund Finance ministers of South Korea, Japan and China on Wednesday vowed to strengthen the crisis prevention function of the current...

May 4, 2011
Finance
Seoul pushes benefit sharing for mutual growth

New scheme suggested as alternative to controversial ‘profit-sharing’ plan The government will encourage big businesses to share the benefits of cost reduction and technology development with their ...

May 3, 2011
Finance
Inflation slows on price control, fresh food supply

Consumer prices rise 4.2 percent on-year in April Inflation in April slowed to 4.2 percent on-year, down from a 29-month high of 4.7 percent a month earlier on Seoul’s price controls and lower fresh...

May 2, 2011
Finance
Package of tax, loan supports set for builders

Investors will also get tax benefits The government said Sunday it would extend tax benefits to real estate investors in the Seoul metropolitan area and widen financial support for local builders as...

May 1, 2011
Industry
Paralyzed Nonghyup banking system normalized

The nation’s largest banking network at Nonghyup has been normalized since Saturday after weeks of paralysis, which prosecutors suspect was caused by a cyber attack from North Korea. South Korea’s p...

May 1, 2011
Finance
FSS to claw back insider savings bank withdrawals

The nation’s top financial watchdog said Wednesday that it will retrieve deposits withdrawn improperly at Busan Savings Bank right before the agency suspended its businesses. The Financial Superviso...

April 28, 2011
Finance
Bioethics body approves first embryonic stem cell test

A clinical test using embryonic stem cells was approved for the first time in Korea on Wednesday. The National Bioethics Committee said it had approved CHA Bio & Diostech’s request to conduct a cli...

April 27, 2011
Science

The Korea Herald by Herald Corporation

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