Most Popular
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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First-ever meeting of president, opposition chief set to finally happen
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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South Korea to launch space security center under spy agency
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More med professors to take day off each week while govt. urges them to stay
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Hybe refutes Ador CEO Min's denial of breach of trust
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S. Korea, Japan could consider simplified entry agreement: Seoul official
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Legoland Korea Resort to open until 9 p.m.
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LGE ships record amount of smartphones
LG Electronics has shipped a record amount of smartphones in the second quarter of this year to step closer to its goal of rejoining the ranks of top-tier phone makers, sources said on Monday. The world’s third-largest handset maker showed a 590 percent increase in its shipment of smartphones in the
IndustryAug. 15, 2011
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Conglomerates’ market cap slips near 20%
The sharp decline triggers concerns of revisit of 2008 financial crisisThe nation’s top 10 conglomerates’ market capitalization declined significantly, by about 130.46 trillion won ($120.59 billion) in the aftermath of the latest stock market volatility.The amount, tallied as of Aug.12, was roughly
Aug. 15, 2011
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Korea, China may begin FTA talks to boost exports
South Korea and China may start talks on a free trade agreement to increase the export of goods and services between the two countries, South Korean Trade Minister Kim Jong-hoon said. “This can be a win-win,” Kim said Aug. 13 in Manado, Indonesia, where he attended a meeting of Association of Southe
Aug. 15, 2011
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Woori privatization hits further snag
The process of privatizing Woori Financial Group may once again be stalled with Vogo Fund hinting that it will not take part in the preliminary bids for the financial group.The Korea Deposit Insurance Corp. currently holds 56.97 percent of Woori Financial Group. The state-run firm plans to sell more
Aug. 15, 2011
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Debt crisis may rekindle ‘currency war’
Skepticism over G20 pledge to refrain from manipulation is growingThe latest fiscal woes in Europe and the U.S. are expected to invite wider skepticism on the efficacy of the Group of 20 meetings despite pledges from the G20 members for coordinating their efforts to weather global economic difficult
Aug. 15, 2011
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83-year-old woman gets breast implants
83-year-old woman gets breast implantsAn 83-year-old American woman had a breast implant surgery last month to improve her appearance, the New York Times reported.Marie Kolstad, from California, has four children, 13 grandchildren and 12 great-grandchildren.“Physically, I’m in a good health, and I j
TechnologyAug. 15, 2011
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Luxury brands sold more despite economic woes
The demand for luxury goods is heating up among deep-pocketed Korean shoppers despite lingering global economic uncertainties, as shown in the sales data from global luxury brands. Sales of Louis Vuitton, Chanel, Hermes, Prada and Gucci in Korea jumped 17 percent to 78.4 billion won ($72.5 million)
IndustryAug. 15, 2011
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Strange planet is blacker than coal
PARIS (AFP) -- A planet orbiting a distant star is darker than coal, reflecting less than one percent of the sunlight falling on it, according to a paper published on Thursday.The strange world, TrES-2b, is a gas giant the size of Jupiter, rather than a solid, rocky body like Earth or Mars, ast
TechnologyAug. 15, 2011
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Korea frets over economic woes in Western markets
Global financial woes may undermine Korea’s industrial growth and private consumptionThe growing global financial woes in the wake of the European debt crisis and the downgrade of the U.S. sovereign rating may deal a blow to Korea’s economy, amplifying the uncertainties and fluctuations of the natio
Aug. 14, 2011
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Refiners, vendors rage at government
The government is facing fresh controversy as local refiners and gas station owners vent fury at the government’s push to curb fuel prices.The Ministry of Knowledge Economy has been striving to contain runaway petrol prices in the wake of rising inflation.Despite a recent decline amid conc
IndustryAug. 14, 2011
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Hyundai Steel to buy equipment from China Erzhong
Hyundai Steel Co. said Sunday it had forged a contract to buy thick plate rolling mills from China National Erzhong Group Co. for an ongoing project to expand its plant in Dangjin, South Chungcheong Province.Under the deal, the Chinese company will supply 33 billion won ($30.5 million) worth of roll
IndustryAug. 14, 2011
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LGE teams up with government to nurture software personnel
Program invites university students to software research projectsLG Electronics on Sunday said it will be working jointly with the government to help nurture software personnel. Until Aug. 26 the Seoul-based electronics company will receive applications for an IT software research study project in t
IndustryAug. 14, 2011
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Sempio soy sauce replacing salt in Russia
This is the second installment in a series that spotlights Korean products enjoyed by people abroad. ― Ed. Katya, a 38-year-old mother who lives in Vladivostok, Russia, prefers to use soy sauce of Sempio Foods Co., a Korean condiment maker, rather than salt. “Korean soy sauce adds not just saltiness
IndustryAug. 14, 2011
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Ball in Seoul court in Apple vs. Samsung battle
Korean courts to face tough call caught between two rivalsAs Samsung Electronics is poised to appeal the latest decision from a German court to ban the sale of its Galaxy Tab 10.1 in the European Union, all eyes are on the next phase of the patent battle. How the Seoul courts rule will be key in the
IndustryAug. 14, 2011
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Sales of small import cars surge 65%
Foreign carmakers saw their sales of small vehicles with an engine capacity of less than 2.0 liters grow by 65.5 percent on a year-on-year basis.They sold 25,456 units for the smaller segment vehicles during the first seven months of 2011, compared to 15,379 units for the same period last year.In co
MobilityAug. 14, 2011
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The rise of diesel cars
Diesel-powered mid-sized sedans are growing ever more popular among a slew of new models launched this year.Diesel cars took up more than 30 percent of the import market share for the first time in July, Korea Auto Industries Corp. Association said.The economically cheaper option has been in h
MobilityAug. 14, 2011
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Customs nets more excess shoppers
Surge may have been caused by Korea-EU FTA taking effectThe number of travelers purchasing luxury goods in Europe sharply increased after the Korea-EU free trade agreement took effect in July, the customs agency said Sunday. A total of 1,056 people were stopped by customs officials last month as the
IndustryAug. 14, 2011
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Newspaper attempts to lead with iPhone, iPad apps
The global news media industry is faced with a make-or-break upheaval that revolves around the shift in focus toward online and mobile platforms. Over the past couple of years, newspaper companies around the world have lost their readers to online and mobile rivals.The past year was a remarkable one
TechnologyAug. 14, 2011
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Innovation implemented for better content and design
In the past six decades, The Korea Herald has established itself as the largest English-newspaper in Korea. It has now more than 50 percent of the nation’s market share, and has readers from around the world. In May this year, the paper took a major step forward to upgrade content for its paper
TechnologyAug. 14, 2011
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Korea’s foremost English daily dedicated to core mission
The Korea Herald marks its 58th anniversary on Monday. Over nearly six decades, the country’s biggest English-language newspaper has taken steps to provide accurate and reliable news and analysis to the readers.The Korea Herald started as The Korean Republic, a humble four-page tabloid, on Aug. 15,
TechnologyAug. 14, 2011