The Korea Herald

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...
LG Electronics jumps into medical equipment business

Jun 27, 2016

[THE INVESTOR] LG Electronics has created a new division under its Home Entertainment department to specialize in producing medical image equipment. This is the first time the electronics maker has ...
KT joins hands with Verizon to set 5G standards for first time

Jun 27, 2016

[THE INVESTOR] KT has joined hands with US-based telecommunications firm Verizon Communications to establish global fifth-generation wireless network standards for the first time in the world, the ...
Korean share prices open lower on June 27

Jun 27, 2016

[THE INVESTOR] KOSPI kicks off more than 20 points lower, KOSDAQ down 17 points
Korean Finance Minister sends clear message to foreign investors

Jun 27, 2016

[THE INVESTOR] South Korean Finance Minister Yoo Il-ho on June 26 pledged to implement “aggressive stabilization measures” to minimize the market fluctuations that may be caused by Britain’s recent d...
Seoul stock markets to face volatility in wake of Brexit

Jun 26, 2016

[THE INVESTOR] South Korean share prices are expected to face increased fluctuation next week as foreign investors are expected to pare down risky assets following Britain‘s decision to exit the Euro...
POSCO chairman warns of trade protectionism trends

Jun 26, 2016

[THE INVESTOR] South Korea’s largest steelmaker POSCO’s chairman Kwon Oh-joon called on employees to stay wary of trade protectionism trends that are being increasingly promoted by advanced nations a...
Brexit to have limited impact on Korean economy: experts

Jun 24, 2016

[THE INVESTOR] Like elsewhere in the world, Seoul’s financial markets took a heavy beating from Britain’s decision to leave the European Union on Friday, as panicky investors dumped emerging-market a...
Gyeonggi proposes deregulations for attaining duty-free licenses

Jun 24, 2016

[THE INVESTOR] Gyeonggi Province has proposed a deregulation for companies seeking duty free licenses, according to the provincial government on June 23. On June 2, the Gyeonggi government submitted...
LG Innotek to provide dual camera modules to Apple: sources

Jun 24, 2016

[THE INVESTOR] LG Innotek will be providing Apple with dual camera modules as early as this month, industry sources said on June 24. The reports come following Sony’s withdrawal from the camera mo...
[URGENT] South Korean won down 2.47% against the US dollar

Jun 24, 2016

[THE INVESTOR] The South Korean currency lost 28.4 won, or 2.47 percent against the greenback in mid-day to trade at 1178.6 won. At one point, the won fell to 1,180 won levels. Traders are selling t...
[URGENT] KOSPI falls below 1,900 levels for first time since Feb.

Jun 24, 2016

[THE INVESTOR] South Korea‘s benchmark KOSPI index fell below the 1,900 level on June 24 for the first time since Feb.18. As of 12:51 p.m. it trade at 1896.89 points, down 4.53 percent from the prev...
[URGENT] Circuit breaker activated on Kosdaq

Jun 24, 2016

South Korea‘s bourse operator on Friday activated a circuit breaker on the country’s tech-heavy KOSDAQ market after share prices sharply declined on rising concerns over a possible exit of Britain fr...
Samsung to supply dual camera modules to Chinese firms for first time

Jun 24, 2016

[THE INVESTOR] Samsung Electro Mechanics will be supplying dual camera modules to Chinese smartphone makers for the first time, industry sources said on June 24. “The South Korean firm will be begin...
Seoul poised with market stabilization moves on British vote results

Jun 24, 2016

[THE INVESTOR] The South Korean government said on June 24 it will jump in with market stabilizing measures, should the foreign exchange market becomes volatile due to the results of the British refe...