The Korea Herald

Blaze puts halt to Samsung’s financial services

IndustryApr 21, 2014

Samsung’s financial services have been suspended in the wake of a fire at Samsung SDS data center, which runs the system and stores backup data from Samsung’s financial affiliates. Samsung SDS said ...
LG CNS predicts ‘smart’ convergence to shape future

IndustryApr 17, 2014

LG CNS, a local information technology service provider, said the convergence of fast-advancing technologies would pave the way for a “smart world,” at the company’s annual IT conference in Seoul on ...
Crisis or opportunity? Pantech at crossroads

TechnologyApr 16, 2014

A rocky road stretches ahead for Pantech, the nation’s smallest handset maker that is struggling to stay afloat in a quickly saturating smartphone market. There are now talks of foreign companies suc...
Sales of gadgets to slow: report

IndustryApr 14, 2014

The global sales of smartphones, tablets, personal computers and video game consoles are expected to slow down starting this year as consumers are less eager to snatch up new products, according to a...
LG set to lead OLED TV market

IndustryApr 13, 2014

LG Electronics, the nation’s second-largest television maker, is expected to have the upper hand in the growing organic light-emitting diode television markets with a higher yield rate and better tec...
Students end 24-day siege of Taiwan's Parliament

World NewsApr 10, 2014

Students ended their unprecedented, 24-day occupation of Taiwan's Parliament late Thursday after receiving assurances a Chinese trade pact they see as imperiling the island's autonomy would undergo l...
China to permit cross-border stock trading with HK

World BusinessApr 10, 2014

China unveiled a plan Thursday to give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges. Securities regu...
Possible 5th underwater signal heard in jet search

World NewsApr 10, 2014

An Australian aircraft Thursday detected what may be the fifth signal coming from a man-made device deep in the Indian Ocean, adding to hopes that searchers will soon pinpoint the object's location a...
S. Korean PM seeks int'l support for unification

North KoreaApr 10, 2014

South Korean Prime Minister Chung Hong-won asked the international community Thursday to extend support for the reunification of the two Koreas, stressing that a unified Korea will be a new global gr...
Malaysia: Abductors want $11.3M for Chinese woman

World NewsApr 10, 2014

Gunmen have demanded a ransom of 500 million pesos ($11.3 million) for the release of a Chinese tourist abducted last week from a Malaysian resort off Borneo island, a Malaysian minister said Thursda...
Japan consumers shun luxury goods after tax hike

World BusinessApr 10, 2014

Japanese consumers are keeping their wallets firmly closed after the first sales tax rise in 17 years, with luxury items and appliances suffering as one major department store reported a 25 percent d...
India offers visa on arrival for S. Korean tourists

Foreign affairsApr 10, 2014

India will offer visa-on-arrival (VOA) to South Korean tourists at its major airports for their convenience starting from next week, its embassy in Seoul said Thursday. The decision was made during ...
Ex-MLB closer Kim Byung-hyun traded to hometown club in KBO

BaseballApr 10, 2014

Former Major League Baseball (MLB) All-Star Kim Byung-hyun was traded to his hometown club in the top South Korean league on Thursday. The Nexen Heroes in the Korea Baseball Organization (KBO) shipp...
SMEC displays new machinery tools in Seoul

IndustryApr 9, 2014

SMEC, a local machinery and communications network provider, is scheduled to attend a machine tool show in Seoul to unveil its new products. The Seoul International Machine Tool Show, one of four gl...
Samsung Electronics to see slight dip in profit

IndustryApr 8, 2014

Samsung Electronics is expected to post a slight dip in profit in the first quarter of this year. The company said Tuesday its operating profit was estimated to be 8.4 trillion won ($7.9 billion), a ...