The Korea Herald

Go sugar-free, but satisfy that sweet tooth

IndustryMay 13, 2016

With the Korean government raising awareness about the harmful effects of table sugar, other products that provide an alternative sweet punch while staying light on calories have come to the fore. C...
Dongwon recalls tuna cans over unidentified substance

IndustryMay 13, 2016

Dongwon F&B has begun a voluntary recall of its mild tuna products in response to consumer concerns over an unidentified black substance in some of the cans, the company said Friday. The recalled pr...
Korean overseas spending double what foreigners spend in Korea

IndustryMay 8, 2016

Last year, Koreans spent nearly double overseas compared to the amount foreign consumers spent here in Korea, data showed Sunday. According to data from Statistics Korea, Korean consumers spent near...
Appeals court upholds acquittal of former official over leaked documents

PoliticsApr 29, 2016

A Seoul appeals court on Friday upheld the acquittal of a former presidential official accused of leaking presidential documents. The Seoul High Court found Cho Eung-cheon, who handled the disciplin...
Eurozone economic growth rate unexpectedly doubles

World BusinessApr 29, 2016

The eurozone economy has finally recouped all the ground lost in the recessions of the past eight years after official figures Friday showed that the 19-country single currency bloc expanded by a qua...
Asiana Airlines to sell non-core assets worth about 400 bln won

IndustryApr 29, 2016

Asiana Airlines Inc., South Korea's second-largest flag carrier, said Friday that it decided to sell non-core assets worth about 400 billion won (US$351.1 million) as part of its efforts to strengthe...
Korea’s industrial output declines in March

Apr 29, 2016

South Korea’s industrial output fell in March mainly due to a drop in the machinery and electronics parts sector, government data showed Friday. Production in the manufacturing, mining and utilities...
Chinese less loyal to Hyundai cars: report

TransportApr 29, 2016

Chinese consumers are less loyal to Hyundai cars than most other auto brands, according to the latest report of U.S. consulting firm McKinsey & Company. A survey on 3,500 Chinese consumers in March ...
LG Chem falls prey to email phishing

TechnologyApr 29, 2016

South Korea’s leading chemical company LG Chem has fallen victim to an online scam that caused 24 billion won ($21.1 million) of financial damage to the company. The fraud case started with an email...
Korea to allow four new duty-free shops in Seoul

Apr 29, 2016

Korea will allow four more duty-free shops to open in Seoul to meet growing demand from Chinese tourists, the government announced Friday. “Four new licenses will be issued for operation in Seoul, w...
BOK takes stance against Korean QE

Apr 29, 2016

A high-ranking official at the Bank of Korea said Friday that social consensus is needed for the central bank to pump money into policy banks, voicing caution on President Park Geun-hye-backed “Korea...
Chinese rush boosts duty-free sales

IndustryApr 25, 2016

Shoppers from overseas powered a rebound in duty-free sales last month, data showed Monday, indicating that big-spending Chinese tourists are returning to Korea after a drop in their numbers last yea...
[Photo News] AmorePacific runs for breast cancer awareness

IndustryApr 24, 2016

(AmorePacific) Social and corporate leaders cheer with other supporters at the Pink Ribbon Love Marathon for breast cancer awareness in Busan on Sunday. Included are Kim Young-soo (fifth from left),...
CJ opens second cultural space ‘Azit’

IndustryApr 24, 2016

CJ Group has opened its second production studio and performance hall to support new artists in commemoration of the 10th anniversary of its CJ Culture Foundation, the group said Sunday. “Just as CJ...
Processed food exports to China up 18% in 2015

IndustryApr 24, 2016

Korean processed food exports to China saw a nearly 20 percent increase in 2015 despite an overall drop in total China-bound exports, data showed Sunday. According to figures released by the Korea I...