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[Monitor] Korea vows to create new innovative cities

The South Korean government has decided to promote specific business interests by city and region for the sake of balanced regional development, injecting some 56 trillion won ($50.1 billion) over th...

Jan 30, 2019
Economy
SK Holdings invests $100m in US smart glass maker

SK Holdings, the holding company of the nation’s second-largest conglomerate by market cap, has invested $100 million into American smart glass manufacturer Kinestral in a deal that gives the Korean ...

Jan 30, 2019
Automode
[Advertorial] Eximbank employees volunteer at soup kitchen

The Export-Import Bank of Korea said Wednesday that its employees had taken part in a volunteer activity near Seoul Station on Tuesday, handing out food to people in need to mark the beginning of the...

Jan 30, 2019
Industry
Hyundai’s Genesis to debut in China, but faces hurdles

South Korean auto giant Hyundai Motor is planning to launch its luxury brand Genesis in China, seeking a change in its sales strategy that has only targeted the mass market for years. Hyundai Motor ...

Jan 30, 2019
Automode
Samsung founder’s eldest daughter dies at 90

Lee In-hee, an adviser to Hansol Group and the eldest daughter of Samsung Group founder Lee Byung-chull, died of an illness Wednesday. She was 90. Born in 1929, Lee was the eldest daughter of Lee By...

Jan 30, 2019
Industry
SK Telecom’s T Map to help Grab drivers in Singapore navigate

SK Telecom’s navigation system T Map will run on vehicles of Singapore’s biggest car-sharing service provider Grab within the first quarter of the year, the South Korean mobile carrier said Wednesday...

Jan 30, 2019
Technology
Nexon’s future in doubt as Kakao mulls bid for gaming company

South Korea’s top chat app operator Kakao has confirmed that it is reviewing a bid for gaming company, Nexon, but a rumored rival bid from Chinese gaming giant Tencent could prove stiff competition. ...

Jan 30, 2019
Industry
FSC vows to ease listing rules for 3rd bourse, rejuvenate SME investment

South Korea’s chief regulator said Wednesday that it plans to ease listing rules for the nation’s tertiary bourse, focused on startups and small and medium-sized firms, to reform the capital market a...

Jan 30, 2019
Finance
Posco posts W5tr in operating profit for 2018, up 20%

Steelmaker Posco’s operating profit surpassed 5 trillion won ($4.4 billion) for the first time in seven years due mainly to record-high profits from its overseas arms in Indonesia and India, accordin...

Jan 30, 2019
Industry
Hyosung hosts MIT industrial liaison program

South Korean conglomerate Hyosung Corp. hosted a seminar with academics and researchers from the Massachusetts Institute of Technology in an effort to seek new business models, according to the firm ...

Jan 30, 2019
Industry
Kepco chief positive about Saudi Arabia’s nuclear bid

With a month to go before Saudi Arabia shortlists bidders for its nuclear power plants, the chief of South Korea’s state-run utility company Kepco believes preparation for the bid is going well. Sau...

Jan 30, 2019
Industry
Seoul studio apartment rent prices highest in December, lowest in April

The monthly rental price of one-room studio apartments in Seoul was highest in December and lowest in April last year, according to data released by South Korea’s real estate and housing listing site...

Jan 30, 2019
Economy
LG Electronics, Naver sign MOU on robot R&D

South Korean home appliance maker LG Electronics Inc. and portal operator Naver Corp. on Wednesday agreed to jointly develop an advanced guidance robot based on the high-tech mobility platform. LG E...

Jan 30, 2019
Industry
Ilpoom Jinro 1924 gift set released for Lunar New Year

HiteJinro will be releasing premium a soju gift set for the upcoming holiday, the company said Wednesday. In a promotion using the latest consumer trend favoring “sohwakhaeg,” or “small but fully sa...

Jan 30, 2019
Industry
Korea to come up with measures to boost exports

South Korea's finance minister said Wednesday that the government will come up with measures next month to boost exports amid concerns that overseas shipments would contract in January from a year ea...

Jan 30, 2019
Economy

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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