Most Popular
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Korean industries gauge impact of Biden's steep tariffs on China
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Do Korean doctors make too much money?
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Is FTC's conglomerate listing a boon or bane for Hybe?
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NewJeans to headline palace show
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Coupang's Kim Bom escapes chaebol chief designation again
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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CIO chief nominee to explain allegations at confirmation hearing
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Yoon vows to run country 'rightly' on Buddha's birthday
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Debate on 'no-seniors zones' heats up
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Rickety bullet trains rankle rail travelers
A string of KTX breakdowns dampens confidence in homegrown technology, stokes safety concernsCustomers around the country have vented fury over Korea’s flaw-ridden high-speed trains, calling for better safety measures from operators and builders.A series of accidents and breakdowns have marred the r
Aug. 3, 2011
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SK exports hit record high in H1
SK Group said Wednesday its six manufacturing units’ combined exports set a record high of 18.18 trillion won ($17.18 billion) in the first half of the year, thanks to robust sales of petrochemical products.Sales of the six affiliates ― SK Innovation, SK Energy, SK Global Chemical, SK Lubricants, SK
Aug. 3, 2011
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Sales of imported vehicles jump 15.6% in July
Sales of imported vehicles in South Korea jumped 15.6 percent last month from a year earlier, helped by new car models and the free trade agreement with Europe that lowered prices, a trade association said Wednesday.A total of 8,859 imported vehicles were sold here in July, compared with 7,666 units
Aug. 3, 2011
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Samsung widens gap with Toshiba in NAND flash
Samsung Electronics Co., the world’s top memory chipmaker, increased its NAND flash market dominance in the second quarter, widening its gap with the runner-up Toshiba Corp., industry data showed Wednesday. But prices of NAND flash memory chips, which are used to store data in portable devices such
Aug. 3, 2011
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Most listed firms ignore social responsibility
The majority of South Korea’s listed companies are not fulfilling their social responsibilities and that can put a crimp in their sustainable growth in the future, a report said Wednesday.The report based on a study of 668 listed companies showed 575 firms, or 86 percent of the total, scored “weak”
Aug. 3, 2011
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iDEA 2011 to offer students chance to showcase ideas
University students will be offered a chance to showcase their ideas and designs at the design presentation contest The Korea Herald plans to host on the sidelines of the iDEA Herald Design Forum 2011. A total of 10 teams will be selected to compete for the finals on Oct. 5, the day the Herald Media
Aug. 3, 2011
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World-class experts to join Herald Design Forum
The iDEA Herald Design Forum will be attended by some of the most distinguished names in industrial and urban design.Leading the roster of design experts are Christopher Bangle, the automobile designer best known for his work at the BMW Group’s design team, brand futurist Martin Lindstrom and Simon
Aug. 3, 2011
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Premium design forum coming to Seoul
Electric fans without blades, USBs shaped like bookmarks and black washing machines ― these are some of the inspired recipients of the Red Dot Design Award, regarded as one of the highest honors in the world of design. Industry watchers say consumers have fallen in love with the products becau
Aug. 3, 2011
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Google+ the fastest-growing social network ever
WASHINGTON (AFP) ― Google is a latecomer to social networking but its new site, Google+, is growing much more rapidly than Facebook, Myspace and Twitter did in their early days, technology experts said Tuesday.While Google+ may be the fastest-growing social network ever, it remains to be seen, howev
Aug. 3, 2011
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U.S. automakers warn of fragile demand
Aug. 3, 2011
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Spain, Italy debt risk premiums hit euro-era records
MADRID (AFP) ― Italian and Spanish sovereign debt risk premiums soared to euro-era record highs Tuesday, threatening to ensnare two major eurozone countries in an expanding debt crisis.Spain’s prime minister delayed plans to leave on vacation and Italy’s finance minister met with the central bank an
Aug. 3, 2011
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U.S. avoids default, but fails to dispel fears
Aug. 3, 2011
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Samsung will launch new Galaxy Tab in Australia as planned
Samsung Electronics Co. said Tuesday that it will release the new version of its Galaxy Tab tablet computer in Australia this month as scheduled, denying media reports that Apple Inc.'s lawsuit has prompted the Korean company to postpone sales there."The Galaxy Tab 10.1 model for the Australian mark
Aug. 2, 2011
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Minister’s remarks on salaries irk business community
Minister of Knowledge Economy Choi Joong-kyung, who has made several stern comments about large companies’ practices, once again earned the ire of the country’s business community on Sunday.This time, the minister’s remarks were aimed at executives and their huge paychecks, ruffling the feathers of
Aug. 2, 2011
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Conglomerates may follow Samsung’s MRO selloff ...
Speculation is rising that the country’s large businesses will follow Samsung’s newly unveiled plan to withdraw from business involving procuring maintenance, repair and operation supplies.Korea’s top conglomerate said Monday its flagship electronics unit and eight other affiliates plan to sell a co
Aug. 2, 2011
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Farmers threaten to halt milk production
Price negotiations with dairy companies stalled amid concern over milk shortageConcerns over a nationwide milk shortage are escalating as farmers threatened to halt Wednesday’s milk supply to dairy companies, demanding a price increase.The government continued on Tuesday last-minute efforts to media
Aug. 2, 2011
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Samsung tops N. American TV market in the first half
Samsung Electronics, the world’s No. 1 flat-screen TV maker, said Tuesday that it led the North American TV market in the first half of the year on the back of rising demand for high-end TVs.Samsung Electronics’ first-half market share for digital TVs stood at 35 percent in terms of value of the uni
Aug. 2, 2011
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SK, users deal with hacking aftermath
Online break-in at Cyworld, Nate prompts ‘real action’ to keep websites secureThe first thing Choi Hyun-hee did on Monday morning was change the passwords of the accounts she held at Kookmin Bank, Naver and Gmarket. She went through her mind several more times and came up with a list of other commer
Aug. 2, 2011
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Sony plans overhaul at TV business
Sony Corp., Japan’ largest exporter of consumer electronics, is planning an overhaul of its television operations as the business faces an eighth consecutive year of losses.The company is aiming to draw up the plans by the end of the month and changes may include reforms at the TV business developme
Aug. 2, 2011
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Asians target U.S. hotels as wealthy travel
High-end hotels in large U.S. cities are attracting buyers from Hong Kong, China and Singapore seeking to cater to a growing number of affluent Asians traveling abroad. Acquisitions by Asian investors probably will climb to the “low double digits” of all U.S. hotel deals this year, said John Strauss
Aug. 2, 2011