Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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S. Korea lowers COVID-19 warning level, lifts last-remaining antivirus mandates
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FTC to step up antitrust probe on large retailers
The Fair Trade Commission plans to intensify its crackdown on major department stores for alleged irregularities in transactions with smaller vendors, its top regulator said Thursday, exerting further pressure for retailers to cut commission fees.“We intend to look into details of dealings between d
Oct. 20, 2011
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KOGAS finds large-scale gas deposit in Mozambique
The state-run Korea Gas Corp. said Thursday it has discovered a natural gas deposit off the coast of Mozambique with a supply sufficient for the country’s needs for a year.The deposit was found at one of four wells in an offshore block in northern Mozambique waters and estimated to hold 15 trillion
Oct. 20, 2011
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Design Korea explores trends and future of design
High school students take pictures of a wooden miniature of a concept car during their visit to Design Korea on Thursday. (Kim Myung-sub/The Korea Herald)Exhibits include breathing system for firefighters, LED desk lampThe ninth annual Design Korea event is under way at the COEX exhibition center i
Oct. 20, 2011
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World TV market set to stagnate in 2011
The global television market is forecast to stagnate this year due to contracted demand in North America and Europe, an industry report showed Thursday.Total global shipments of TVs will likely hold steady at 248 million units this year, according to market researcher DisplaySearch. Liquid crystal d
Oct. 20, 2011
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Korean, French nuke agencies hold public acceptance forum
A seminar hosted by the Korea Nuclear Energy Promotion Agency and the French Atomic Agency on increasing public acceptance of nuclear power plants will take place Friday at the National Assembly.At the seminar, experts from the nuclear industry and media as well as research professionals are to disc
Oct. 20, 2011
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S-Oil sets petrochemicals milestone
Newly opened plant has world’s largest production capacity for para-xylene S-Oil’s newly expanded Onsan Plant in Ulsan was officially opened on Thursday in a ceremony attended by top industry and government officials including President Lee Myung-bak and Khalid Al-Falih, president
Oct. 20, 2011
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FTC intensifies probe into department stores, vendors for unfair biz terms
SEOUL, Oct. 20 (Yonhap) -- South Korea's antitrust watchdog will launch a stepped-up investigation into the business terms of local department stores and vendors as part of efforts to establish a fair trade environment in the retail sector, its head said Thursday.The toughened stance comes after the
Oct. 20, 2011
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Samsung Electronics ranks 22nd global green company: Newsweek
South Korea’s technology giant Samsung Electronics Co. ranked 22nd on a list of the world’s top environment-friendly companies released by the U.S. magazine Newsweek on Wednesday.In the Newsweek Green Global 500 Ranking, Samsung soared 32 notches from its 54th place finish last year, to take the hig
Oct. 19, 2011
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GS chairman stresses crisis management
GS Holdings plans to spin off energy divisionGS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure
Oct. 19, 2011
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KFS leads global drive against deforestation
Senior officials from governments and international organizations attend the opening session of the UNCCD COP 10 in Changwon, South Gyeongsang Province, on Monday. (Yonhap News)Changwon Initiative seeks common standards, increased fundsKorea Forest Service Minister Lee Don-koo on Wednesday vowed to
Oct. 19, 2011
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Robot helpers
Incheon Airport Customs officials stand in line as a robot delivers scissors to cut the tape to appoint robots as promotion agents at the Incheon International Airport on Wednesday. The robots from the Ministry of Knowledge Economy will provide information on entering the country and customs r
Oct. 19, 2011
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Motorola unveils slim smartphone in Korea
Motorola Inc. unveiled its new super-slim smartphone in South Korea on Wednesday in an effort to establish a presence in the market dominated by the Galaxy S and iPhone.Motorola, the biggest U.S. mobile handset maker, said it plans to release its RAZRTM in the domestic market next month. It will be
Oct. 19, 2011
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Samsung sends mixed signals to Apple
Samsung heir apparent Lee mentions close ties in talks with Tim CookHONG KONG/SEOUL ― Samsung Electronics’ top executives sent mixed signals on Wednesday over its patent battle with Apple Inc. amid speculation about a possible new attack from the U.S. tech leader aiming to undercut the allure
Oct. 19, 2011
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GS’s Huh calls for crisis management
GS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure with no exception,” Huh said. “When the storm clear
Oct. 19, 2011
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Samsung, Google unveil Galaxy Nexus
New Android-powered phone to compete with Apple’s iPhone 4SHONG KONG ― Samsung Electronics and Google Inc. unveiled the first smartphone running on the Android’s latest mobile operating system at a global launch event in Hong Kong on Wednesday.“We’re very excited to be introducing our next-generatio
Oct. 19, 2011
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Samsung wins dismissal of some apple smartphone patent claims in U.S. suit
Samsung Electronics Co. won dismissal of some of Apple Inc. (AAPL)’s claims over smartphone patents in a lawsuit in federal court in California. The iPhone maker’s claims that Samsung misrepresented its intent to license certain patents on fair terms was dismissed and Samsung’s request to throw out
Oct. 19, 2011
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Kia’s Soul dominates N. America’s boxy hatchback market
Kia Motors Corp., South Korea’s second-largest automaker, said Tuesday that its Soul box-type hatchback is dominating rivals in the North American market for the third year in a row.The Soul compact that hit the U.S. and Canadian markets in 2009 has been the best-selling car in both countries since
Oct. 18, 2011
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FTA levels playing field for U.S. car makers in Korea: Kirk
WASHINGTON (Yonhap News) ― U.S. Trade Representative Ron Kirk said Monday that a free trade agreement with South Korea, approved by Congress last week, will enable South Koreans to buy American cars “at an affordable price” and reaffirmed a plan to renew a push for opening South Korea’s beef market
Oct. 18, 2011
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SK unit to export naphtha tech to China
SK Innovation, Korea’s top refiner, said Tuesday it has clinched a deal with China’s Yanchang Petroleum Corp. to export its catalyst technology used to break down naphtha. First developed by SK and the Korea Research Institute of Chemical Technology in 2008, the Advanced Catalytic Olefins process al
Oct. 18, 2011
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GS Caltex strives to achieve shared growth
Korea’s No. 2 refiner scales up cash payments, low-interest loans and technical training for suppliersGS Caltex, the country’s second-largest oil refiner, is stepping up efforts to support its small vendors and suppliers as it strives to create a level playing field in Asia’s fourth-largest economy.
Oct. 18, 2011