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LG chairman donates W1b to IVI for coronavirus vaccineIndustryJul 27, 2020The International Vaccine Institute, a Seoul-based independent nonprofit agency, said Monday that LG Group Chairman Koo Kwang-mo has personally donated 1 billion won ($836,120) to develop therapies f... -
Samsung Heavy seeks 3D design approval from ABSTransportJul 27, 2020Samsung Heavy Industries said Monday it has become the first shipbuilder to seek approval for its 3D model-based ships from American Bureau of Shipping. ABS sets standards for safety and excellence ... -
Antitrust watchdog fines HHI W970m for misappropriationIndustryJul 26, 2020South Korea’s antitrust watchdog said Friday it has decided to impose a fine of 970 million won ($808,000) on Hyundai Heavy Industries for misappropriating technical data from a subcontractor. The F... -
Golden Blue renews scholarship partnership with Heriot-Watt UniversityIndustryJul 24, 2020South Korean liquor company Golden Blue said Friday it has renewed its agreement with Scotland-based Heriot-Watt University and held a scholarship ceremony for students selected for a blender promoti... -
New models defend further drop in Hyundai earningsTransportJul 23, 2020Korea’s largest automaker Hyundai Motor posted half of its operating profit in the second quarter from a year earlier. But the earnings still came above market expectations due to the launch of new m... -
LG International to support SMEs in global marketIndustryJul 22, 2020LG International said Wednesday it has been selected as a “decent company” by the Ministry of SMEs and Startups to support small and medium-sized companies advancing into global markets. The commodi... -
NPS invests more in bio, pharmaceutical in H2IndustryJul 22, 2020The National Pension Service was found to have expanded their investment in bio and pharmaceuticals in the first half of this year in the wake of the pandemic, data showed Wednesday. Local corporate... -
![[Monitor] Incheon Airport hit hard due to pandemic](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/21/20200721000681_0.jpg)
[Monitor] Incheon Airport hit hard due to pandemicIndustryJul 22, 2020Incheon International Airport was hit hard due to the prolonged outbreak of COVID-19, data showed Tuesday. The number of passengers at the airport from Jan. 1 to July 16 is about 10.89 million, acco... -
LS Cable launches next-generation network productIndustryJul 21, 2020LS Cable & System said Tuesday it has launched a local area network cable that can send data and power as far as 200 meters at the same time. The cable called SimpleWide is double the limits of curr... -
Posco’s quarterly earnings plunge as steel demand fallsIndustryJul 21, 2020South Korea’s largest steelmaker Posco disclosed Tuesday that its sales declined by 15.9 percent on-year to 13.72 trillion won ($11.44 billion) with operating profit plunging 84.3 percent to 13.72 tr... -
Tesla Model 3 on hire in Seoul: SK Rent-a-CarTransportJul 20, 2020South Korea’s rental service firm SK Rent-a-Car said Monday it has launched a rental service for Tesla Model 3 at its 10 branches in Seoul and Gyeonggi Province “As demand for electric vehicles cont... -
LS family doles out W33b worth shares to children amid falling pricesIndustryJul 20, 2020The owner family of LS Group recently bequeathed about 33 billion won ($27 million) worth of shares to children and relatives, regulatory filings showed Monday. The move by the South Korean conglome... -
SsangYong reveals teaser of first EV E100TransportJul 20, 2020SsangYong Motor on Monday unveiled a teaser image of its first electric vehicle, which has been developed under the project name “E100.” The automaker’s new, electric subcompact sport utility vehicl... -
![[Monitor] Consumption rises during state-led sales festival](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/16/20200716000671_0.jpg)
[Monitor] Consumption rises during state-led sales festivalIndustryJul 20, 2020During the state-led sales festival, called the “Korea Donghaeng Sale,” aiming to boost consumption amid the pandemic, non-face-to-face sales of department stores and large discount stores were estim... -
![[The Heirs (4)] Hurdles remain for second son in inheriting Hankook Technology Group](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/08/20200708000655_0.jpg)
[The Heirs (4)] Hurdles remain for second son in inheriting Hankook Technology GroupTransportJul 19, 2020Despite public apathy and tougher shareholder censure, South Korea’s chaebol groups are preparing a generational shift in leadership. The Korea Herald looks at different conglomerates and succession ...
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05Death toll from heavy downpour rises to 14
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