The Korea Herald

[Kosdaq Star] Improved consumer sentiment, competitiveness to boost CJ O Shopping

Apr 2, 2017

This is the 38th in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. – Ed CJ O Shopping, a leading home-shopping channel in South Korea, is likely to benefit fr...
N.Korea says body of murder victim to return in deal with Malaysia; travel bans lifted

North KoreaMar 30, 2017

North Korea on Thursday said it had reached agreement with Malaysia for the return of the body of a citizen killed in Kuala Lumpur in February and identified by South Korean and U.S. officials as the...
POSCO sees its Q1 net more than double on higher prices

IndustryMar 30, 2017

POSCO, the country's top steelmaker, said Thursday that its first-quarter net profit is estimated to have more than doubled from a year earlier, driven by firm demand and higher prices. In a regulat...
Hyundai Merchant expands China-Russia route

IndustryMar 30, 2017

Hyundai Merchant Marine Co., South Korea's top shipping firm, said Thursday that it expanded its route linking China, South Korea and Russia as part of an effort to capitalize on a surge in shipping ...
Chung Mong-joon set to take FIFA ban appeal to CAS

SoccerMar 30, 2017

Former FIFA Vice President Chung Mong-joon has decided to take his appeal against a five-year ban from football to the world's top sports tribunal, his camp said Thursday. Chung, who was a FIFA vice...
Japanese historian proposes installing monument engraved with Abe's apology over wartime sex slaves

Foreign affairsMar 30, 2017

A Japanese scholar on Thursday proposed the establishment of a memorial engraved with Prime Minister Shinzo Abe's latest apology over Japan's wartime sexual enslavement of Korean women. Haruki Wada,...
[Herald Interview] Mexico’s Oaxaca eyes economic ties with Korea

Mar 30, 2017

Oaxaca, a state in Mexico, hopes to learn from South Korea‘s economic miracle and is eager to boost economic ties with the country, its economic secretary told The Korea Herald Thursday. Mario Jesus...
DSME chief urges workers to accept pay cuts

IndustryMar 29, 2017

The head of the ailing shipbuilder Daewoo Shipbuilding and Marine Engineering on Wednesday urged employees to take part in a pay cut, warning that it is their last chance to save the company. Jung S...
Daewoo Shipbuilding faces critical weeks with new deals hanging on rescue plan

IndustryMar 28, 2017

Daewoo Shipbuilding and Marine Engineering, a South Korean ailing shipbuilder, is facing looming uncertainties over the company’s future, with bondholders raising skeptical voices over a fresh rescue...
KDB's Daddy-Long-Legs campaign continues

IndustryMar 27, 2017

Korea Development Bank, South Korea’s policy bank, has made its eighth donation aimed at helping underprivileged students with their education, the bank said Monday. The bank donated 10 million won ...
Hyundai E&C eyes further expansion overseas

CompaniesMar 27, 2017

Korean builder Hyundai Engineering and Construction will focus on expanding and diversifying overseas businesses to maintain financial stability, the company said Monday. By focusing on foreign mark...
NPS at crossroads over Daewoo Shipbuilding rescue plan

IndustryMar 26, 2017

Amid questions being raised over its political neutrality, the National Pension Service is again standing at a crossroads that could determine a company’s fate – this time troubled shipbuilder Daewoo...
Korea unveils W2.9tr additional rescue plan for DSME

IndustryMar 23, 2017

South Korea’s finance regulator and state-owned creditors of the troubled Daewoo Shipbuilding & Marine Engineering unveiled Thursday an additional 2.9 trillion won ($2.6 billion) rescue plan that dep...
More Koreans get married late -- or not at all

Mar 22, 2017

South Korea’s latest marriage and divorce figures showed a continuing trend of late marriages or avoidance of wedlock, according to data from Statistics Korea Wednesday. The number of marriages hit i...
Korea ramps up efforts to boost youth employment

Mar 22, 2017

The South Korean government announced Wednesday its latest unemployment support measures for youth in an attempt to help the frustrated young unemployed. The new measures aim to relieve the financia...