The Korea Herald

LS family doles out W33b worth shares to children amid falling prices

Jul 20, 2020

The owner family of LS Group recently bequeathed about 33 billion won ($27 million) worth of shares to children and relatives, regulatory filings showed Monday. The move by the South Korean conglome...
[Monitor] Consumption rises during state-led sales festival

Jul 20, 2020

During the state-led sales festival, called the “Korea Donghaeng Sale,” aiming to boost consumption amid the pandemic, non-face-to-face sales of department stores and large discount stores were estim...
S. Korean drugmakers to sell generic version of Pfizer's smoking cessation drug

Jul 20, 2020

South Korean pharmaceutical companies will start selling generic versions of the smoking cessation drug Champix, following the expiration of its patent here, industry sources said Monday. The drug b...
Three-fourths of Korean big firms use flextime amid coronavirus

Jul 20, 2020

Three-fourths of large companies in South Korea are resorting to flextime in the wake of the coronavirus pandemic, a poll showed Monday. According to the survey of 120 big businesses concerned, 75 p...
[Photo News] SK's flexible material ready to roll out

Jul 19, 2020

An SK IE Technology official checks on rolls of flexible cover window, a material used for flexible displays, waiting for shipment at the company’s factory in Jeungpyeong, North Chungcheong Province,...
Korean watchdog to examine Tesla’s ad for autopilot

Jul 19, 2020

Move follows Munich court ruling that Tesla’s autopilot ad is misleading
Kogas, Hyundai Motor to create JV for hydrogen charging stations

Jul 19, 2020

Korea Gas Corp. said Sunday it would set up a joint venture with Hyundai Motor Group to build and run integrated hydrogen charging stations after signing a memorandum to expand sustainable hydrogen i...
Doosan Heavy eyes sales of W1tr from offshore wind power business by 2025

Jul 19, 2020

Doosan Heavy Industries & Construction said on Sunday that it plans to see its offshore wind power business generate around 1 trillion won ($831 million) in annual revenue by 2025. In a statement, C...
Mobile version of retro PC-based games set for launch in H2

Jul 19, 2020

A slew of highly-anticipated mobile games based on classic PC titles have been or are set to be launched during the second half of this year, as game publishers aim to attract more mobile game users....
[Eye Plus] Naksansa, a jewel on the east coast

Jul 18, 2020

In Yangyang, Gangwon Province, nestled on a mountain called Obongsan and looking out to the East Sea with an unobstructed view, lies a Buddhist haven and jewel -- Naksansa. The temple was founded in...
SK Biopharmaceuticals may be included in KOSPI 200 in Sept.

Jul 18, 2020

SK Biopharmaceuticals Co. Ltd., a unit of South Korean conglomerate SK Group, is likely to be added to the list of 200 major stocks listed on the main bourse in September, as its market capitalizatio...
Hyundai Motor Group chief hospitalized but not in serious condition: group officials

Jul 17, 2020

Hyundai Motor Group Chairman Chung Mong-koo has been hospitalized for a health problem, but he is not in serious condition, group officials said Friday. Chung, 82, is in hospital due to "inflammatio...
S. Korea to build more offshore wind farms

Jul 17, 2020

South Korea said Friday it will build more wind farms off the southwestern coast of the country in line with its efforts to stay away from fossil fuel-powered energy generation and boost the virus-ra...
SK Holdings invests additional W100b in Chinese EV parts developer

Jul 17, 2020

SK Group’s investment-focused subsidiary SK Holdings will invest an additional 100 billion won ($82.9 million) in Wason, a Chinese manufacturer of copper foil. Copper foil is a core ingredient in an...
Smilegate establishes first overseas base in Barcelona

Jul 17, 2020

South Korean game and investment company Smilegate said Friday it has established its first overseas base in Barcelona, Spain. Smilegate Barcelona will serve as a springboard for the company’s deepe...