The Korea Herald

[Ana Palacio] A Democratic Doomsday?

ViewpointsSept 3, 2020

In 1947, two years after Hiroshima and Nagasaki were decimated by nuclear bombs, the Bulletin of the Atomic Scientists launched the Doomsday Clock to convey the world proximity to annihilation -- and...
[Editorial] Litigation risk

EditorialSept 3, 2020

Samsung Electronics Vice Chairman Lee Jae-yong has been indicted for his role in controversial merger and accounting fraud allegations. Ten other former and incumbent Samsung executives were also in...
[Monitor] Corporate hiring dives to 11-year low

IndustrySept 2, 2020

The number of new employment planned by companies in South Korea during the second and third quarters this year dropped to the lowest in 11 years, according to the Employment and Labor Ministry. The...
[Editorial] Trilateral posture

EditorialSept 2, 2020

US Defense Secretary Mark Esper and his Japanese counterpart Taro Kono met in Guam on Saturday to discuss key regional security issues, including threats from North Korea. They agreed on the importan...
[Monitor] Much of COVID-19 emergency funds used at restaurants

IndustrySept 1, 2020

A report by the Korea Food Service Industry Association showed that the use of emergency funds doled out by the government in May in the midst of COVID-19 pandemic was largest at restaurants. Althou...
[Editorial] Use budget efficiently

EditorialSept 1, 2020

South Korea’s economic situation is worsening. Last week the Bank of Korea revised its economic growth for this year down sharply to negative 1.3 percent. It is true that the government’s fiscal rol...
[Jean Pisani-Ferry] Trump’s international economic legacy

ViewpointsAug 31, 2020

It would be foolish to start celebrating the end of US President Donald Trump’s administration, but it is not too soon to ponder the impact he will have left on the international economic system if h...
[Editorial] Abe’s departure

EditorialAug 31, 2020

Japanese Prime Minister Shinzo Abe’s planned departure from office is raising hopes that the strained relations between Seoul and Tokyo might at last begin to see some improvement. Days after becomi...
Junior doctors decide to continue striking

Social affairsAug 30, 2020

Junior doctors said Sunday they would extend their strike indefinitely after the government reported at least 10 of them to the police for violating the back-to-work orders put in place Wednesday. ...
[Editorial] Reckless legislation

EditorialAug 28, 2020

The ruling Democratic Party of Korea and the government revised the Housing Lease Protection Act to restrict jeonse (rent-free lease) deposit increases to 5 percent, but in practice landlords will fi...
[Editorial] Barter deal

EditorialAug 27, 2020

Since taking office last month, Unification Minister Lee In-young, a student activist-turned-lawmaker known for his accommodating approach to North Korea, has been eager to make a breakthrough in sta...
[Advertorial] LG Chem stands as world’s 4th most valued chemical company

IndustryAug 26, 2020

South Korean chemical giant LG Chem’s brand value has surpassed the 4 trillion won mark ($3.3 billion) for the first time, according to a recent report. Based on the Brand Finance Chemicals 25 2020 ...
[Monitor] Foreign-made laptops see surge in sales

TechnologyAug 26, 2020

Foreign manufacturers of laptops saw their sales surge drastically in the second quarter, according to market researcher IDC. They concentrated more on on-line marketing and benefited from a surge i...
[Editorial] Epidemic politics

EditorialAug 26, 2020

Rev. Jun Kwang-hoon and his Sarang Jeil Church are largely responsible for the resurgence of COVID-19. This is undeniable. They flouted social distancing instructions, obstructed contact tracing and ...
[Monitor] Major exporters anticipate pessimistic H2

IndustryAug 25, 2020

While South Korea’s major exporters managed to see a slight rise in revenue in the first half of this year, they will see a drop in the second half as the COVID-19 pandemic continues to pummel the ec...