Most Popular
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Yoon, Lee end first talks with differences, agree to meet more
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What is Hybe’s next move?
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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China outpaces Korea in smaller OLED shipments for 1st time
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[Herald Interview] Mom’s Touch seeks to replicate success in Japan
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Police to open alleged stalking probe over pastor over Dior bag scandal
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'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
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[News Focus] Lee tells Yoon that he has governed without political dialogue
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Seoul to deploy more military doctors to fill med prof void
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Liberal bloc moves to rewrite student rights ordinance
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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
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U.S. factory growth weakest in 2 years
Manufacturing activity barely grew in July; slump could extend through summerWASHINGTON (AP) ― Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer.The Institute for Supply Management, a trade group of purchasing executives, said Monday that i
Aug. 2, 2011
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ADB warns of bumpy road into ‘Asian century’
TOKYO (AFP) ― Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday.On current trends, Asia will make up half the world’s economic output by 2050, and another three billi
Aug. 2, 2011
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U.S. deal would have little impact till 2014
Budget deal’s initial spending cuts too small to hurt economy in short runWASHINGTON (AP) ― The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years.Almost all the cuts would be made
Aug. 2, 2011
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S. Korea's large biz CEOs earn average 1.67 bln won in 2010
Chief executive officers (CEOs) working for South Korea's 100 largest businesses earned an average of just under 1.67 billion won (US$1.59 million) in 2010, a report showed Tuesday.According to Chaebol.com, their earnings include salaries, dividends and stock options, with top executives of Samsung
Aug. 2, 2011
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Class action suit may cost Apple up to W27b
More than 27,800 Koreans have signed up to file a class action lawsuit against Apple Korea for breach of privacy to pave the way for a legal battle that may cost the company as much as 27 billion won ($25.5 million). Miraelaw law firm, which will be representing the plaintiffs, said the official fig
Aug. 1, 2011
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SK E&S absorbs LNG affiliate
SK E&S Co., Korea’s top city gas provider, said on Monday it has absorbed and merged with K-Power, its power-generation affiliate, to boost their liquefied natural gas business. The merger took effect on Monday. Parent company SK Holdings, the country’s No. 3 conglomerate, now holds a 94.13-percent
Aug. 1, 2011
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LG Display may try to increase capital
Despite its recent decision to drastically cut investment, LG Display, the world’s leading LCD-maker, will have a hard time fending off a paid-in-capital increase, according to industry sources.“Everything will weigh on how the company finishes the year, because at the end of the year, the chances a
Aug. 1, 2011
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Doosan chairman emphasizes quality over quantity
Doosan Group chairman Park Yong-hyun on Monday said the company must focus on qualitative growth.In a message posted on the company’s intranet to mark its 115th anniversary, Park said that the company should now focus on qualitative growth and that it should continue trying harder despite its achiev
Aug. 1, 2011
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Hyundai-Kia, Ssangyong sales jump in July
Ssangyong Motor Co., South Korea’s smallest automaker, said Monday its sales surged 46.1 percent to a monthly high in July, fueled by strong exports and domestic demand.The company sold a record 10,763 vehicles last month, compared with 7,369 units a year earlier. Domestic sales rose 28 percent on-y
Aug. 1, 2011
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Big companies join power-saving drive
Corporations seek consulting services to conserve energy, cut costsThese days, SK Group’s headquarters in downtown Seoul starts making ice at 11 p.m. The ice produced overnight cools the building the next day. The “thermal energy storage” system helps the group reduce its peak electricity costs for
Aug. 1, 2011
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Radiation-free food bolsters Korea’s exports to Japan
South Korean food exports to Japan are climbing at the fastest pace on record after radioactive contamination and supply disruptions prompted consumers to switch to overseas producers.Sales of watermelons, tuna and noodles led a 38 percent jump in South Korea’s shipments of food to its Asian neighbo
Aug. 1, 2011
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Gas engines at center of fuel efficiency drive
Aug. 1, 2011
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Auto industry could lead U.S. recovery
Aug. 1, 2011
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China manufacturing exceeds estimates
A Chinese manufacturing index was higher than economists estimated in July, signaling the world’s second-biggest economy is withstanding higher interest rates and tightened credit. The Purchasing Managers’ Index was at 50.7 for July compared with 50.9 in June, the China Federation of Logistics and P
Aug. 1, 2011
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HSBC to sell 195 branches for $1b
Aug. 1, 2011