-
HIT Forum to explore path to lasting ‘Korea premium’
The Korea Herald will hold its annual HIT Forum on Tuesday, bringing together capital market experts and global investors to discuss emerging opportunities in South Korea’s equity market and ways to strengthen its global competitiveness. Under the theme “Korea Premium: Connecting Korean Opportunities with Global Capital,” the forum will explore how Korea can move beyond its long-standing market discount, attract global investment and foster sustainable capital market growth. Lee In-hyung, vice p
Sept. 7, 2026 -
Dyson takes Korea-tested service model global
Dyson is taking customer-service practices tested in South Korea into a broader global support model that extends beyond its existing three-day repair and loan promise to include connected-device diagnostics, artificial intelligence-assisted troubleshooting and preventive maintenance. The British technology company outlined the expanded program at its Dyson Unveiled event in Berlin on Thursday. Dyson is bringing together services it had already begun rolling out earlier this year under its “Neve
Sept. 7, 2026 -
Hur Sae-hong charts GS Caltex’s path beyond refining
Amid sweeping changes in global energy markets, GS Caltex Vice Chair Hur Sae-hong seeks to move South Korea’s energy and chemical company beyond its decades-old focus on refining volumes toward higher-value, lower-carbon businesses. Hur outlined his vision in McKinsey & Company’s “Leading Asia” interview series and its centennial book, “Shapers & Founders: The Untold Stories of Asia’s Extraordinary Owner-CEOs.” He was featured alongside other Korean business leaders from companies including HD H
Sept. 7, 2026 -
Hyundai Steel targets $4b annual sales from Louisiana plant
DONALDSONVILLE, Louisiana – Hyundai Steel anticipates its planned $5.8 billion electric arc furnace steel plant in Louisiana to generate about $4 billion in annual revenue once it reaches full production, while positioning the facility as a "game changer" in the low-carbon steel market. The South Korean steelmaker held a groundbreaking ceremony Friday for Hyundai-Posco Louisiana Steel in Donaldsonville, Louisiana. Set to start commercial production in 2029, the plant is to have capacity for prod
Sept. 7, 2026 -
Won’s comeback comes at a cost
The South Korean won’s rapid rebound to its strongest level in nearly two years is proving a double-edged sword: easing import costs while threatening the earnings of the semiconductor giants powering the country’s growth. The won strengthened to 1,334.7 per dollar in onshore Seoul trading Monday, its strongest level since Oct. 4, 2024. It has gained more than 200 won against the dollar in just over two months after weakening to 1,599.2 on July 1. The currency was trading at 1,346.08 per dollar
Sept. 7, 2026 -
Korea Zinc emerges as key to rare earth supply push
Korea Zinc could play a central role in South Korea’s efforts to reduce its reliance on imported rare earths by applying its advanced smelting and recycling technologies, according to a Korea Development Bank report. In its report, “Global Rare Earth Supply Chain Restructuring Trends,” released Sept. 2, the KDB Future Strategy Research Institute said Korea could use its sophisticated smelting capabilities and strong industrial demand base to bolster supply chain resilience as countries tighten e
Sept. 7, 2026 -
China pivot: Hyundai looks to exports, Toyota goes all in on EVs
China’s rise as an electric vehicle powerhouse is forcing global automakers to rewrite their playbooks. With its speed, tightly integrated supply chains and advanced battery ecosystem, the country is no longer simply the world’s largest EV market — it is where the industry’s next competitive rules are being set. For Asia’s two leading automakers, Hyundai Motor Group and Toyota, staying competitive in next-generation mobility increasingly depends on how they use China. Yet the two are placing mar
Sept. 7, 2026 -
Korea discount fight now in companies’ hands: Morgan Stanley
The next phase of South Korea's market rerating will depend on whether companies improve governance, capital allocation and returns on equity, according to Morgan Stanley's Korea Chief Strategist Joon Seok. "Rather than (government) policy, we believe the ball is in the corporate sectors' and stakeholders' court," Seok said in a written interview with The Korea Herald. Morgan Stanley's assessment of Korea's reform drive has shifted markedly from April last year, when it viewed the country as sti
Sept. 7, 2026 -
CJ CheilJedang sets Singapore hub for APAC seasoning business
CJ CheilJedang has opened a Global Technical Center in Singapore to expand its food seasoning ingredients business in the Asia-Pacific region. The company held an opening ceremony at the center in Singapore’s Biopolis research district on Tuesday. Officials from the Singapore Economic Development Board and the Embassy of the Republic of Korea in Singapore attended the event. From Wednesday through Friday, the company invited major customers from neighboring markets to showcase the center alongsi
Sept. 7, 2026 -
Samsung to begin second-half hiring across 19 affiliates
Samsung will begin its second-half recruitment Tuesday, with 19 affiliates hiring entry-level employees through the conglomerate’s group-wide recruitment program. Applications will be accepted through Sept. 15 via Samsung Careers, the group’s recruitment website, Samsung said Monday. The participating companies include Samsung Electronics, Samsung C&T, Samsung Biologics, Samsung Bioepis, Samsung Display, Samsung SDI, Samsung SDS, Samsung Heavy Industries, Hotel Shilla and Cheil Worldwide, among
Sept. 7, 2026 -
At 81, Amorepacific vows to lead global beauty standards
Amorepacific Chairman Suh Kyung-bae unveiled his blueprint for the beauty conglomerate's next chapter at its 81st anniversary, vowing to rewrite industry benchmarks for global growth under what the company calls "new beauty." Suh, who has guided Amorepacific through several pivotal transitions, used the milestone to reaffirm his innovation-driven, customer-first approach. "What has powered Amorepacific across 81 years is our devotion to customers and our willingness to blaze new trails," Suh sai
Sept. 7, 2026 -
From lab coats to limelight: Grabity puts its researchers at the fore
The scientists behind Grabity, the hair-loss shampoo brand that has gained traction in South Korea and overseas with its polyphenol-based technology, have stepped out of their labs and into an unusual second job: modeling for their own products. On buses and product packaging, researchers Yang Han-yeol, Kim Eun-u and Jo Helen pose alongside Lee Hae-shin, a KAIST distinguished professor of chemistry and the founder of Polyphenol Factory, the startup behind Grabity. "We are not professional models
Sept. 7, 2026 -
Seoul shares open sharply higher on tech gains despite heightened Middle East tensions
South Korean stocks started sharply higher Monday, driven by gains in tech shares, despite heightened military tensions in the Middle East. The benchmark Korea Composite Stock Price Index rose 222.40 points, or 3.33 percent, to 6,909.61 as of 9:15 a.m. Overnight, military attacks intensified between the United States and Iran. Tehran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as several US-linked vessels, in retaliation for US attacks on
Sept. 7, 2026 -
APR's Medicube tests negative for banned dye tied to unauthorized seller
South Korean beauty company APR said Friday that lab tests found no trace of Sudan Red, a banned industrial dye, in two batches of its Medicube skin cream that Singapore's health regulator flagged in a recall. Testing at certified institutions, including in Korea, found no such dye in samples APR sent from Medicube's PDRN Pink Collagen Capsule Cream corresponding to the batch numbers cited by Singapore's Health Sciences Authority — 2E122I.2E117I and 2E191G.2E193G. Sudan Red is a synthetic azo dy
Sept. 6, 2026 -
Samsung appliance workers escalate bonus fight with protests, Times Square ad
A Samsung Electronics union representing workers in the company's consumer device business is escalating a campaign over a widening compensation gap with its semiconductor division. The Donghaeng union, whose members are concentrated in Samsung's Device eXperience division, plans to begin holding rallies of about 200 people near Lee's home in Yongsan on Sept. 18. It will also stage relay-style one-person protests, according to industry sources on Sunday. The campaign expands on a demonstration p
Sept. 6, 2026