The Korea Herald

AccorHotels Group aims to run 27 hotels in Korea by 2019

Jun 30, 2016

[THE INVESTOR] AccorHotels Group is planning to expand its South Korean network to 27 hotels by 2019, according to the company’s executive overseeing Asia operations on June 30. Patrick Basset, Chie...
3M, Homeplus named worst performers in vendor relationships

Jun 30, 2016

[THE INVESTOR] A total of 21 big firms, including troubled local discount chain Homeplus and 3M Korea received the lowest grades in an independent survey that measured their efforts in pursuing mutua...
Vietnamese EFT to start trading in Seoul in July

Jun 30, 2016

[THE INVESTOR] A Vietnamese exchange-traded fund will make its South Korean debut via the KINDEX Vietnam VN30 ETF on July 1, according to the local bourse operator Korea Exchange on June 30. The VN3...
[EDITORIAL] New short-selling disclosure rule far from addressing core of the problem

Jun 30, 2016

[THE INVESTOR] From June 30, local and foreign institutions will be obliged to make public their identity when they engage in a certain level of short selling on the South Korean bourse. The new dis...
Seoul searching for replacement of disgraced AIIB vice president

Jun 29, 2016

[THE INVESTOR] The government is looking for a replacement for Hong Kyttack, vice president of the Asian Infrastructure Investment Bank, who has abruptly taken leave from the Beijing-based institutio...
Hyundai Motor intimidated by Brexit

Jun 29, 2016

[THE INVESTOR] Hyundai Motor , South Korea’s largest carmaker, views Britain’s departure from the European Union as an imminent threat, and not an opportunity. “Internally, we view threats from th...
Labor disputes add to DSME woes

Jun 28, 2016

[THE INVESTOR] Daewoo Shipbuilding & Marine Engineering’s labor union is resisting restructuring measures out of layoff fears, adding to the woes at the country’s second-largest shipbuilder facing ...
Celltrion to introduce world’s first influenza-targeting therapeutic antibody

Jun 28, 2016

[THE INVESTOR] Celltrion (Chairman Seo Jung-jin ) said Tuesday that it is on track to introducing the world’s first therapeutic antibody for the treatment of universal influenza, as the new drug ...
S. Korea to toughen requirements for controversial entertainment visa

Jun 28, 2016

[THE INVESTOR] South Korea will toughen the legal requirements for issuing a controversial visa for foreigners engaging in entertainment and hotel services here, the government said on June 28. Ther...
National pension offers monthly coverage to 4m people

Jun 28, 2016

[THE INVESTOR] South Korea’s state pension program provides monthly coverage for up to 4 million people, data showed on June 28, with the number of recipients on the rise. A total of 3.98 million se...
US Dollar opens at 1,182.2 won on June 28

Jun 28, 2016

[THE INVESTOR] US Dollar opens at 1,182.2 won on June 28, down from the previous day‘s 1,182.3 won
South Korea’s corporate direct financing drops in May

Jun 28, 2016

[THE INVESTOR] Sales of corporate bonds and stocks in South Korea fell 29.3 percent in May, compared to a month earlier, due largely to a cut in corporate bond issuance, government data showed Tuesda...
S. Korea's consumer sentiment at standstill in June

Jun 28, 2016

[THE INVESTOR] South Korea’s consumer sentiment remained unchanged in June after dipping to a three-month low in May, central bank data showed Tuesday. The composite consumer sentiment index came in...
LG holds most patents for washers in US

Jun 27, 2016

[THE INVESTOR] South Korean home appliance manufacturers have been ramping up patents to maintain their stronghold in the US washing machine market. LG Electronics secured more than 230 patents ove...
Samsung considers moving European HQ outside UK

Jun 27, 2016

[THE INVESTOR] An exodus may have begun among the South Korean companies operating in the UK in the wake of Brexit, according to industry sources. Some firms have already pulled out, and others have...