The Korea Herald

[Editorial] Ill-timed initiative

EditorialOct 12, 2020

President Moon Jae-in last week expressed hope that South Korea and the US would work together toward the declaration of a formal end to the 1950-53 Korean War, which ended in an armistice. In a vid...
[Monitor] Govt. looks into status of self-employed Koreans

IndustryOct 9, 2020

According to a survey of self-employed people who went out of business this spring and participated in a state-sponsored recovery program, it took them an average of 6.4 months to go bankrupt from th...
[Newsmaker] Criticism mounts over revelation of NK diplomat’s defection

North KoreaOct 9, 2020

Criticism is mounting over the recent revelation of a high-ranking North Korean diplomat’s defection here by S. Korean media and lawmakers. A UN official called on both Koreas to make efforts to hel...
Tower block fire in Ulsan sends 88 to hospital

Social affairsOct 9, 2020

Firefighters are at work to put out a fire at a high-rise apartment building in Ulsan on Friday after dozens of people were sent to hospitals for smoke inhalation. The blaze broke out at 11:07 p.m. ...
[Editorial] Let firms loose

EditorialOct 9, 2020

Business lobbies vowed to try to block legislation of three business regulation bills on Wednesday. Their joint response reflects their sense of crisis and the urgency of the legislation situation. ...
[Monitor] Online shopping volume breaks record in August

RetailOct 8, 2020

South Korea’s online shopping volume reached 14.38 trillion won ($12.4 billion) in August, the highest since records began in 2001. Mobile shopping volume was 9.32 trillion won, surpassing by far th...
[Jeffrey D. Sachs] The lies that infected Trump

ViewpointsOct 8, 2020

Unlike tens of millions of people around the world who have contracted COVID-19 because of their poverty, bad luck, vulnerability as essential workers or poor decisions by policymakers, US President ...
[Editorial] Flawed scheme

EditorialOct 8, 2020

The Ministry of Economy and Finance this week announced plans to introduce fiscal rules in 2025 amid growing concerns over the country’s soaring national debt. A bold increase in government spending...
[Monitor] LG Chem maintains No.1 in global EV battery market

IndustryOct 7, 2020

LG Chem topped the global electric vehicle battery market by deploying 15.9 gigawatt-hours of EV batteries in the Jan-Aug period, commanding 24.6 percent of the market, followed by China’s CATL and J...
[Editorial] Hypocritical virus control

EditorialOct 7, 2020

The government and the ruling party come out looking hypocritical with regard to the guidance to prevent the spread of COVID-19. Despite a special travel advisory from the Ministry of Foreign Affai...
[Monitor] Hyundai, Kia sold fourth most EVs worldwide

TransportOct 6, 2020

The nation’s largest automakers, Hyundai Motor and Kia Motors, sold the fourth most electric vehicles among global car brands by July of this year. Citing data provided by SNE Research, the Korea Au...
[Elizabeth Drew] Is US facing next civil war?

ViewpointsOct 6, 2020

America’s capital is more on edge now than at perhaps any other time since the eve of the US Civil War in 1860. The city was tense during Watergate, of course. But as much as Richard Nixon tested the...
[Editorial] Calm Posture

EditorialOct 6, 2020

The news of US President Donald Trump having contracted the coronavirus has prompted concerns here over the effect his illness could have on the security situation on the peninsula, with inter-Korean...
Belief in mission vital to entrepreneurs

ViewpointsOct 5, 2020

The world as we know it has changed. I have lived through three different crises in my life. The first one was the Indonesian political turmoil in 1998 that coincided with the Asian financial crisis...
[Monitor] Korea outperforms other OECD countries in GDP growth in Q2

IndustryOct 5, 2020

Data released by the Bank of Korea on Sunday showed that South Korea performed better than other major countries in the second quarter in terms of gross domestic product growth. According to the BOK...