The Korea Herald

LATEST NEWS

Hanmi Pharmaceutical founder dies at 80

Hanmi Pharmaceutical’s founder and chairman, Lim Sung-ki, died of a chronic disease Sunday at dawn after devoting his life to the South Korean bio industry. He was 80. Lim was the owner of Hanmi Pha...

Aug 2, 2020
Industry
First-ever gaming audition program features new talent, legendary mentors

Four legendary retired professional gamers joined the program as mentors. Two-time world champion “Wolf” has teamed up with “PawN,” the 2014 world champion, to create a five-person roster team. 2015...

Aug 2, 2020
More sports
[Behind the Wheel] SsangYong’s Rexton Sports Dynamic Edition shows off strength off-road

The Dynamic Edition is equipped with 18-inch black alloy wheels, sports pedals and off-road side-steps, for better performance on such tough road conditions. The car’s body-on-frame structure gave a...

Aug 2, 2020
Transport
[News Focus] Korea has 2nd-highest income gap in OECD

Among English-speaking countries, the UK, Canada and Australia were at similar levels with 11.7 percent, 12.1 percent and 12.4 percent, respectively. Polarization between the haves and have-nots in ...

Aug 2, 2020
Social affairs
In terms of renewable energy usage, Korea lags behind most of the world

South Korea generates relatively little power from renewable energy, lagging behind most of the world’s countries, a report showed Sunday. According to the data compiled by France-based energy consu...

Aug 2, 2020
Industry
[News Focus] LG Chem is ready to defeat CATL

LG Chem’s Q2 results prove it can achieve profitability, quality, scale simultaneously in EV battery biz

Aug 2, 2020
Technology
Thousands evacuate as heavy rains trigger flood, landslides

At least five dead, several unaccounted for as torrential rain of up to 60 mm per hour soaks country’s central region

Aug 2, 2020
Social affairs
[Newsmaker] New Zealand ups pressure on Korea to cooperate in diplomat sexual assault case

New Zealand authorities have heightened pressure on South Korea to cooperate in its probe of a Korean diplomat who has been accused of sexual assault. Winston Peters, New Zealand’s deputy prime m...

Aug 2, 2020
Foreign affairs
Amid bio rally, unlocked SK Biopharma shares in spotlight

Shares of SK Biopharmaceuticals held by institutional investors will be up for sale Monday after a lockup period, drawing attention to its impact on bio equities that are zooming. According to South...

Aug 2, 2020
Markets
S. Korea ranks 2nd in GDP growth rate after China: OECD

South Korea’s economy declined 3.3 percent on-year during the second quarter, but it ranks second in terms of gross domestic product growth rate among major economies, data showed Sunday. According ...

Aug 2, 2020
Economy
S. Koreans' nonessential spending plummets amid coronavirus

South Korean consumers purchased far fewer nonessential items in the first quarter than normal due to economic uncertainty sparked by the coronavirus pandemic, data showed Sunday. The combined essen...

Aug 2, 2020
Economy
Doosan sells golf club for 1st bailout payback

Financially stressed Doosan Heavy Industries & Construction said Sunday it has closed a deal to sell its golf course for 185 billion won ($155.33 million), enabling it to make debt repayment for the ...

Aug 2, 2020
Money
‘Mr. Trot’ Seoul concert to start Aug.7 with restrictions

The “Mr. Trot” Seoul concert, featuring top contestants from TV Chosun’s record-breaking program, has been rescheduled to Aug. 7 to 23, after the local government relaxed regulations on large-scale c...

Aug 2, 2020
Music
Bridge institution to assume liabilities of scandal-ridden Lime funds

South Korea is looking to launch a bridge institution to take over all the assets, as well as the liabilities, of the scandal-ridden hedge fund Lime Asset Management and ensure that its end-investors...

Aug 2, 2020
Money
Kim Jun-su looks back on 10 years onstage

K-pop singer-turned-stage actor shares affection for musical ‘Mozart!’

Aug 2, 2020
Theater

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114