Most Popular
-
1
[KH Explains] No more 'Michael' at Kakao Games
-
2
Yoon, Lee end first talks with differences, agree to meet more
-
3
What is Hybe’s next move?
-
4
China outpaces Korea in smaller OLED shipments for 1st time
-
5
[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
-
6
[Herald Interview] Mom’s Touch seeks to replicate success in Japan
-
7
Police to open alleged stalking probe over pastor over Dior bag scandal
-
8
'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
-
9
[News Focus] Lee tells Yoon that he has governed without political dialogue
-
10
KT launches new mobile plans for foreign residents
-
SK Comm. under fire for poor security
Company to unveil additional plan to counteract recent security breachSK Communications said Thursday it is getting ready to release its second set of countermeasures as early as this week, following the country’s worst security breach.On Thursday, police confirmed that a hacker used an Internet Pro
Aug. 11, 2011
-
Hyundai’s Genesis, Equus overtake Lexus in U.S. market
South Korea’s leading automaker Hyundai Motor Co. is fast catching up with its rivals in the large luxury car market in the United States, already overtaking Lexus, the luxury brand of Japan’s Toyota Motor Co., a U.S. online magazine said Thursday.In June, Hyundai Motor sold 3,370 units of its Genes
Aug. 11, 2011
-
Korean firms sweep global DRAM market
Samsung Electronics Co. and Hynix Semiconductor Inc., the world’s two largest makers of computer memory chips, dominated the global market for dynamic random access memory chips in the second quarter despite a looming global economic slowdown, a report showed Thursday.According to the report by Taiw
Aug. 11, 2011
-
SKT, KT introduce new monthly payment plans
Two leading mobile carriers ― SK Telecom and KT Corp. ― are engaged in a price war as both introduced new monthly telecom service payment plans on Thursday, which they claim offer cheaper than existing smartphone service rates.The monthly smartphone payment plans enable customers to choose the numbe
Aug. 11, 2011
-
Illegal capital outflow almost triples: data
Illegal capital outflow has almost tripled here over the past five years, a lawmaker revealed Thursday citing the data from Korea Customs Service. A total of 22 cases of assets moving abroad illegally were confirmed last year, up from six in 2006, according to Rep. Kwon Kyoung-seok of the ruling Gra
Aug. 11, 2011
-
Baby boomers give birth to new industries
Elderly care robots, meal delivery and health products rental create niche marketsAt a nursing home in New Zealand, a Korean-made robot offers a blueprint for the future of old age. The silver-colored, kiosk-shaped robot monitors residents’ vital signs and biorhythm in real time, provides brain trai
Aug. 11, 2011
-
Silver industry thrives to cater for baby boomers
All-in-one silver towns, job training all part of burgeoning new businessTo mark the 58th anniversary of its establishment on Aug. 15, The Korea Herald is publishing a series of articles on the looming retirement of Korean baby boomers and its socioeconomic impact on the nation. The following is the
Aug. 11, 2011
-
Japan machinery orders rise on earthquake rebuilding
Japan’s machinery orders rose for a second month in June as companies increased spending to restore businesses and production disrupted by the March 11 earthquake and tsunami. Factory orders, an indicator of capital spending in three to six months, rose 7.7 percent in June from May, the Cabinet Offi
Aug. 11, 2011
-
France’s ‘AAA’ credit affirmed by S&P, Moody’s
France’s top credit grade was affirmed by Standard & Poor’s, Moody’s Investors Service and Fitch Ratings as relative yields on the nation’s debt climb on concern that Europe’s sovereign debt crisis is intensifying. The outlook on France is stable and its “AAA” ranking is “warranted,” Moritz Kraemer,
Aug. 11, 2011
-
Asia in balancing act as prices rise, growth weakens
SINGAPORE (AP) ― Asia batted away the global recession sparked by the 2008 financial crisis. Fending off the latest wave of market turmoil may prove tougher.World stocks were pummeled this week by the first-ever downgrade of the U.S. credit rating and evidence of stalling recoveries in the U.S. and
Aug. 11, 2011
-
U.S. budget deficit tops $1tr
WASHINGTON (AP) ― The United States’ budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House to make more progress on a long-term plan to shrink the growing imbalance.The Treasury Department said Wednesday that the deficit through July totaled
Aug. 11, 2011
-
Korean Airport Corp. reappoints chief
Sung Si-chul, chief executive and president of Korean Airport Corp., has been reappointed, the state-run airport operator said Thursday.The decision reflects Sung’s achievement in transforming Gimpo International Airport into East Asia’s business hub over the three years, the company said in a state
Aug. 11, 2011
-
Ahn favored most as boss
IT guru Ahn Cheol-soo was picked as the boss that salaried workers most want to work under, a survey released Thursday found. Ahn, who founded the computer vaccine developer AhnLab in 1995, one of Korea’s first-generation IT startups, got 46.9 percent of the vote in a survey of 796 salaried workers
Aug. 11, 2011
-
More than half of workers had financial problem with colleagues
(MCT)More than half of Korean workers were not paid back money they lent to colleagues, a poll showed on Thursday.According to Recruit, a local online job search engine, about 87.2 percent of the 532 respondents said that they had lent money to colleagues.But about 57.2 percent replied that they had
Aug. 11, 2011
-
S. Korea ranks 7th among OECD nations in environmental R&D spending
The rate of environmental research in South Korea's total government budget for research and development activities was 3.31 percent in 2009, the seventh highest among the Organization for Economic Cooperation and Development (OECD) countries, an OECD report showed Thursday.The ratio was also higher
Aug. 11, 2011
-
iPads trump oil: Apple is most valuable US company
NEW YORK (AP) -- It doesn't take a visit to the Genius Bar to figure out how Apple became the most valuable company in America.Its lineup of sleek phones, computers and iPods, irresistible to customers even in tough economic times, propelled it to the No. 1 position by market value Wednesday, surpas
Aug. 11, 2011
-
Crisis may speed up big trade deals
Although a dreary outlook for the U.S. economy coupled with a rating cut has triggered mayhem throughout the world’s stock markets this week, it may serve as a catalyst for free trade agreements, experts said Wednesday.A spate of grim economic figures stoked fears of a “double-dip” recession. The wo
Aug. 10, 2011
-
Ministry upping price pressure on refiners
The government is stepping up pressure on local refiners to lower fuel prices as it recently demanded they disclose their supply prices to individual gas stations. Industry sources said Wednesday that the Ministry of Knowledge Economy has been analyzing the accounting records of some 180 gas station
Aug. 10, 2011
-
Hyundai to develop compact battery powered cars in 2014
Korean automakers have set out to develop midsized electric vehicles in a government project to roll out cheaper, eco-friendly and better-performing cars in 2014.A consortium led by Hyundai Motor Co., the country’s top car manufacturer, has signed a deal with the Ministry of Knowledge Economy to est
Aug. 10, 2011
-
Milk crisis looms amid stalled price talks
Dairy farmers halted the raw milk supply again on Wednesday, with price talks stalled without agreement. Industry sources predicted that a milk crisis is imminent, saying that current milk reserves would reach their limits within one or two days. Representatives of the government, milk manufacturers
Aug. 10, 2011