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CJ emerges as No. 1 employer among top conglomerates

Food and entertainment giant CJ Group has emerged as the largest employer among the top 30 business groups in South Korea over the past year, a corporate tracker said Thursday. CJ's workforce stood ...

Nov 15, 2018
Industry
[Newsmaker] US government: 3 Korean firms to pay $236m in bid-rig plot

WASHINGTON (AP) — The Justice Department says three South Korean companies have agreed to pay $236 million to settle allegations they were part of a bid-rigging scheme that overcharged the US militar...

Nov 15, 2018
Industry
Samsung BioLogics suspended from stock market over accounting fraud

FSC says 2015 accounting rule breach ‘intentional’; firm vows legal action

Nov 14, 2018
Industry
Big 5 automakers, parts makers meet to tackle slump

Representatives of South Korea's major automakers, parts makers and industry officials gathered in Seoul on Wednesday to discuss ways to breathe new life into the sluggish auto industry. The chief e...

Nov 14, 2018
Industry
Elliott’s demands seeking to unlock Hyundai’s capital draw mixed views

Some say US hedge fund’s move intended to boost share prices, others call it ‘reasonable’ request

Nov 14, 2018
Automode
[Photo News] Hanwha Galleria sets up Christmas tree for children under treatment

WISH TREE -- A child stands next to a wish tree set up by Hanwha Galleria and the Make-A-Wish Korea foundation at Seoul National University Children’s Hospital in central Seoul, Tuesday. The Christma...

Nov 14, 2018
Industry
SK Telecom unveils first commercial 5G base station in Myeong-dong

South Korea’s leading mobile operator SK Telecom on Wednesday opened one of its first commercial fifth-generation base stations in the central area of Seoul, showing confidence in the planned commerc...

Nov 14, 2018
Technology
Korea’s largest game convention G-Star 2018 to kick off in Busan

South Korea’s biggest video game convention kicks off in Busan on Thursday, showcasing a wide range of new PC, mobile and virtual reality games being developed by major game companies here. G-Star 2...

Nov 14, 2018
Technology
[Herald Interview] TMON envisions creating ‘online malling’ experience

New CEO talks about TMON’s strengths in product curation via flash deals, venture into fresh food biz

Nov 14, 2018
Industry
SK Innovation selected as battery supplier for VW Group

SK Innovation has been selected as a supplier of battery cells for electric vehicles of German automaker Volkswagen Group, becoming the group’s third partner, along with LG Chem and Samsung SDI, acco...

Nov 14, 2018
Industry
Naver Labs, SoCar partner for self-driving technologies

Naver Labs, the research and development arm of search engine giant Naver, and local car-sharing firm SoCar have signed an agreement to cooperate in the development of driver assistant technologies a...

Nov 14, 2018
Industry
Shorter workweek adds to corporate woes

Local companies are struggling to adapt to a shorter workweek and calling for greater flexibility in its application, but their calls face vehement objections from the country’s umbrella labor groups...

Nov 14, 2018
Economy
Nonprofit organization to provide W345b to stimulate startups, create 11,000 jobs

South Korean nonprofit organization Banks Foundation for Young Entrepreneurs unveiled Wednesday plans to provide 345 billion won ($304.7 million) over three years to local startups to support their g...

Nov 14, 2018
Finance
Watchdog to sue Samsung chairman over deliberate law violation

South Korea's corporate watchdog said Wednesday that it has decided to sue Samsung Electronics Chairman Lee Kun-hee as the country's largest conglomerate deliberately failed to submit related documen...

Nov 14, 2018
Industry
ICT exports rise for 24th straight month in Oct.

South Korean exports of information and communication technology posted growth for the 24th month in a row in October on the back of brisk overseas sales of semiconductors, government data showed Wed...

Nov 14, 2018
Economy

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114