The Korea Herald

[KOSDAQ Star] Time-honored Commax rides IoT boom

IndustryMar 5, 2017

Commax, a developer of home automation systems, was recently named one of the six “time-honored” companies by the state-run Small and Medium Business Administration for maintaining its business for 4...
[News Focus] China’s travel ban raises alarm on economic impact

Mar 3, 2017

China’s reported ban on travel agencies on selling tour programs to South Korea is expected to take a toll on South Korean tourism and retailers here who rely on Chinese tourists. The China National...
Malaysia cancels visa waiver arrangement with N. Korea: report

North KoreaMar 2, 2017

Malaysia has canceled its visa waiver arrangement with North Korea amid a diplomatic spat over the assassination of the half brother of the North's leader, a news report said Thursday. The cancellat...
S. Korean football chief wants to co-host FIFA World Cup with N. Korea, Japan, China in 2030

SportsMar 2, 2017

South Korea's football chief said Thursday he hopes to co-host the FIFA World Cup with three neighboring nations in 2030. Chung Mong-gyu, president of the Korea Football Association (KFA), said the ...
Turkish Embassy to celebrate 60th anniversary of Korea-Turkey ties with cultural events

Diplomatic CircuitMar 2, 2017

The Turkish Embassy in Seoul will host a variety of cultural events throughout the year to celebrate the 60th anniversary of the establishment of diplomatic relations, Ankara's envoy to South Korea A...
Trump welcomes stock market surge, consumer confidence on Twitter

Mar 2, 2017

US President Donald Trump welcomed a record surge in the stock market on Thursday, a day after the Dow blasted through the 21,000 mark for the first time after his speech to Congress. "Since Novembe...
Suspected militiamen kidnap 5 workers at Banro's east Congo mine

World NewsMar 2, 2017

Suspected militiamen have kidnapped five workers at Banro Corp's Namoya gold mine in eastern Democratic Republic of Congo, the company said on Thursday, in the second attack on its facilities in a mo...
Jeju to crack down on illegal immigrants

Social affairsMar 2, 2017

Prosecutors on Jeju Island said Thursday they will carry out an intensive crackdown on foreign nationals illegally staying on the southern resort island until the end of May. Officials from the pros...
Consumption remains sluggish, industrial output upbeat

Mar 2, 2017

South Korea’s consumption remained sluggish in January, in a sign of downward pressure on the country’s economy despite a recovery in exports and industrial output, according to the country’s statist...
Ra In Ho secures a major deal with Russian shipyard

CompaniesMar 2, 2017

Ra In Ho, a South Korean ship lift and transport system developer, has signed a deal with a Russian shipyard to provide it with the world’s largest ship transfer system, the company said Thursday. T...
HMM’s normalization accelerating

CompaniesFeb 28, 2017

With Hanjin Shipping’s bankruptcy declared earlier last month, Hyundai Merchant Marine, now South Korea’s only major shipping line, is expected to fill the vacuum, supported by government rescue sche...
Investment policies get tepid response

Feb 27, 2017

The South Korean government unveiled Monday a series of measures to boost the economy amid sluggish domestic consumption and investment weighing down on growth. More than 150 measures were introduce...
CJ gears up for chairman’s return

CompaniesFeb 26, 2017

South Korea’s food and entertainment giant CJ Group is set to expand investments and speed up its delayed plans to tap more markets around the world by carrying out a personnel reshuffle in March, th...
Hyundai Heavy union launches strike ahead of spinoff decision

CompaniesFeb 23, 2017

The labor union of Hyundai Heavy Industries has launched a full-scale strike, calling on the company to finish wage negotiations and scrap its plan to spin off non-shipbuilding units. The labor unio...
KEB Hana named best private bank in Korea

CompaniesFeb 23, 2017

KEB Hana Bank was selected the best private bank in Korea in the Private Banking & Wealth Management Survey 2017 by Euromoney, a business and finance magazine based in London, the bank announced Thur...