The Korea Herald

Banks under fire for refusing to issue refund guarantees for struggling shipyards

Jul 13, 2016

[ THE INVESTOR ] South Korean banks are becoming increasingly reluctant to offer refund guarantees for new orders on concerns of credit exposure to the nation’s underperforming shipbuilders. A ref...
S. Korea‘s jobless rate falls to 3.6% in June

Jul 13, 2016

[ THE INVESTOR ] South Korea’s jobless rate fell slightly in June from a year earlier while the unemployment rate for young adults stayed high amid the sluggish economy, a government report showed ...
Hyundai Merchant to complete debt-for-equity swap this month

Jul 12, 2016

[ THE INVESTOR ] Ailing Hyundai Merchant Marine . Plans to sell stocks worth 2.49 trillion won (US$2.16 billion) this month, which includes 1.9 trillion won worth of debt-for-equity swap, industr...
Busan hospitals seek to boost Russian medical tourism

Jul 12, 2016

[ THE INVESTOR ] In an effort to attract more Russian patients and to enter the Russian medical market, major hospitals in South Korea’s second largest city of Busan will visit Russia later this we...
Kakao to launch hair salon booking service Kakao Hairshop

Jul 11, 2016

[THE INVESTOR] Korean Internet giant Kakao will launch a new hair salon booking service called Kakao Hairshop on July 12 amid its relentless expansion into online-to-offline business. The company ...