The Korea Herald

South Korea’s producer prices drop in June

Jul 19, 2016

[ THE INVESTOR ] South Korea’s producer prices fell 27 percent from a year earlier in June to 99.01 on declining coal and petroleum product prices, central bank data showed on July 19. Compared to...
[EQUITIES] KD Navien’s Q2 operating profit to rise 106%: IBK Securities

Jul 15, 2016

[ THE INVESTOR ] The second-quarter operating profit of Kyongdongd Navien , a Korean condense boiler maker, is likely to rise 106 percent, according to IBK Securities on July 15. Revenue for thi...
[EQUITIES] Hana Investment sees Poongsan’s Q2 earnings beating market estimates

Jul 15, 2016

[ THE INVESTOR ] Hana Financial Investment on July 15 said defense parts maker Poongsan ’s second quarter earnings would surpass market estimates, with operating profit reaching 45.8 billion won ...
Seoul close to launching euro-based payment framework for facilitating trade with Iran

Jul 12, 2016

[ THE INVESTOR ] South Korea is planning to launch a euro-based payment system for companies doing business with Iran. This is after the US government gave its nod of approval to the move in June ...
[EDITORIAL] Resisting LG’s smart farm plans not a smart move

Jul 12, 2016

[ THE INVESTOR ] Farmers are strongly resisting a plan by LG Group to invest 380 billion won ($309 million) to develop smart farm technology. They view the investment as another attempt by a chaebo...
EU, Korea launch emissions trading scheme

Jul 11, 2016

[THE INVESTOR] The European Union delegation to Korea and Korea’s Ministry of Strategy and Finance launched a project last week to tackle greenhouse gas emissions as part of bilateral cooperation to ...
Seoul stocks expected to be range-bound next week

Jul 9, 2016

[THE INVESTOR] South Korean share prices are likely to be stuck in a tight range next week, with a slight chance of them moving upward on eased Brexit woes, analysts said on July 9. “The KOSPI will ...
Naver to quit translation services on plagiarism accusations

Jul 8, 2016

[THE INVESTOR] Naver CEO Kim Sang-hun on July 8 apologized for plagiarizing local translation service Flitto, adding that Naver would halt its services. “We have decided to stop our translation se...
POSCO to provide steel for LNG bulk carrier

Jul 6, 2016

[THE INVESTOR] Korea’s largest steelmaker POSCO will provide its latest hadfield steel for the building of the world’s largest LNG bulk carrier, the company said Wednesday. Starting from the third q...
LINE raises IPO price band to 2,900-3,300 yen

Jul 4, 2016

[THE INVESTOR] LINE Corp., the Japanese mobile messaging affiliate of Naver, said on July 4 that it will raise its initial public offering price band to 2,900-3,300 yen. On June 28, LINE had set the...
Tide of global trade protectionism threatens to wash over Korea

Jul 4, 2016

[THE INVESTOR] Economic policymakers and business circles in Korea are on alert over signs that trade protectionism is rising across the globe. A report released by the World Trade Organization last...
Former and incumbent KDB officials to return bonus pay

Jul 2, 2016

[THE INVESTOR] Four former and current senior officials of state-run Korea Development Bank have decided to return their performance-based bonuses, the bank said on July 2. The fours executives incl...
Hyundai Motor retains 4th spot in Brazil‘s auto market

Jul 2, 2016

[THE INVESTOR] World’s fifth largest carmaker Hyundai Motor was the No.4 automaker in Brazil for the first half of this year, according to UOL, the largest Brazilian internet portal. Hyundai sold 95...
Seoul share prices to rise next week on subsiding Brexit effect: analysts

Jul 2, 2016

[THE INVESTOR] Korean shares are likely to trade higher next week as the impact of Britain's recent decision to quit the European Union is subsiding, analysts said on July 2. The benchmark Korea Com...
Robots to serve at Incheon Airport

Jul 1, 2016

[THE INVESTOR] Incheon International Airport will deploy autonomous robots programmed to clean its facilities and to provide information, before the nation hosts the Winter Olympics in 2018. Incheon...