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[Howard Davies] Global banking rules finished?
11 injured in 53-car pileup on icy road in Wonju
FM Cho says he takes 'full responsibility' for Sado mine memorial dispute
SK hynix to increase dividend payouts by 25% per share by 2027
Lotte Group to provide Lotte World Tower as collateral for Lotte Chemical amid liquidity woes
Seoul Metro conductor's toilet break delays 125 trains
Yoon receives Ukrainian special envoy; Seoul silent on possibility of weapons aid
Presidential office worries over impact of Trump's proposed tariffs on Korean firms in Canada, Mexico
Korea's birthrate shows signs of recovery
Yonsei University to hold additional essay test amid question leak controversy
[Global Finance Awards] Viva Republica transforms financial ecosystem
Seoul blanketed by heaviest Nov. snow, with more expected
[Global Finance Awards] Hanhwa Life secures bigger footing in overseas markets
From candy to CPR, police step up to save citizens in need
Ador calls for Belift Lab’s ‘sincerity’ in Hanni workplace harassment case
Youth groups remember the Korean War
[Global Finance Awards] Mirae Asset Securities within reach of global top-tier ambition
[Global Finance Awards] Kakao Bank bolsters SE Asia foray with Superbank partnership
[Global Finance Awards] Mirae Asset bolsters global presence with W370tr under management
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LATEST NEWS
Assad stands to gain from Israel unrest
World News
May 18, 2011
Palestinians’ protest diverts world’s gaze from Syria’s growing troubles at homeBEIRUT (AP) ― A brief but deadly border incursion has broken more than 35 years of quiet along the Syria-Israel frontier ― and it could not have come at a better time for Syria’s embattled leader.Syrian President Bashar Assad has much to gain from the furor over Israeli soldiers opening fire on thousands of Arab protes
Neowiz Games records highest quarterly earnings
Industry
May 18, 2011
Neowiz Games Corp., a Korean online game publisher, said Wednesday it reached 147.7 billion won ($136 million) in sales and 33.8 billion won in operating profit in the first quarter, breaking its quarterly record due to sharply rising overseas sales.The company, well-known for its game portal Pmang, expanded overseas sales by 141 percent ― taking up 48 percent of its overall sales ― compared to th
KEPCO wins $46m power cable project in Dominican Republic
Industry
May 18, 2011
Korea Electric Power Corp., the state-run energy company, said Wednesday that it has won a $46 million order from the Dominican Republic to install power transmission lines in the Caribbean island nation.KEPCO said it signed the deal with the Dominican government on Tuesday in Santo Domingo, the country’s capital, to replace 400 kilometers of old power cables in three major cities there by May 201
GS chairman Huh highlights challenge, innovation and practice
Industry
May 18, 2011
GS Group chairman Huh Chang-soo emphasized the value of challenge, innovation and practice at a forum with executives of the conglomerate’s affiliates Wednesday. The Value Creation Forum was created last year to “uplift and settle the significance of innovation and change” in the corporate culture by sharing successful cases of innovation management among affiliates, GS said. About 400 officials f
Hana Financial may target Woori for M&A
May 18, 2011
A variety of predictions concerning the next step by Hana Financial Group are being issued in the market as its chairman Kim Seung-yu continued to express its willingness to acquire a bank.The situation comes amid growing uncertainty about the conclusion of the deal between Hana Financial and U.S. Lone Star Funds to trade shares of Korea Exchange Bank.As financial regulators indefinitely delayed t
Seoul-Busan KTX line cuts air travel to Gyeongsang
Industry
May 18, 2011
The number of people traveling the Seoul-Ulsan air route fell 39.4 percent since the last section of the Seoul-Busan high-speed railway was opened, the Ministry of Land, Transport and Maritime Affairs said Wednesday.The Seoul-Busan line connected the East Daegu-Busan line to the Seoul-East Daegu line that was completed earlier, and KTX high-speed trains began operating on the route on Nov. 1.Accor
Korea, Latin America to work on energy, green growth
May 18, 2011
The two-day High-Level Forum on Korea-LAC Partnership began in Seoul on Wednesday. Held for the third time, high-level officials from 11 Latin American countries including First Vice President of Costa Rica Alfio Piva Mesen are attending the event.The main topic of this year’s discussions are ways to increase cooperation between Korea and Latin American nations in the field of trade, investment, e
Mobile trading soars amid network concerns
May 18, 2011
Korean bourse says it will tighten supervision of stock trades made on mobile devicesStock trading through smartphones, tablet computers and other wireless devices is expected to exceed 150 trillion won ($138 billion) this year amid growing concerns about network security, market watchers said on Wednesday.The Korea Exchange said the amount of stock trading done using wireless mobile devices toppe
[Meet the CEO] Fuji Xerox aims to sell 100,000 printers
Industry
May 18, 2011
Company increases Korean sales target for this year to 80 billion wonWith a goal of selling 1 million printers in the Asia-Pacific region, Fuji Xerox Printers Korea plans on introducing its products to 100,000 people here this year.Hwang Yoo-chun, chief executive officer of the company, said that it has fixed its target at 100,000 printers in Korea alone, as well as 500,000 printers in China.“We’v
Businesses fire up anti-smoking efforts
Industry
May 18, 2011
Companies use incentives, anti-smoking aids and negative evaluation to help smokers quitKeeping abreast with growing anti-smoking campaigns, major companies are stepping up efforts to drive cigarette smoke from the workplace. Some big companies use a “carrot and stick” policy, such as offering incentives, anti-smoking aids and even negative evaluation, to help employees quit smoking.The world’s fo
EU mulls ‘soft restructuring’ for Greece
World Business
May 18, 2011
BRUSSELS (AFP) ― Senior EU officials on Tuesday raised the possibility of a limited but controversial restructuring of Greece’s mountain of debt which could involve private sector creditors taking some of the pain.Leading eurozone policy-maker Jean-Claude Juncker said a “soft restructuring” of Greece’s 330-billion-euro ($470-billion) accumulated debt was a possibility as an EU-IMF mission in Athen
Dollar drop? You ain’t seen nothing yet if yuan jumps
World Business
May 18, 2011
U.S. economic data suggests bad patch lingering
World Business
May 18, 2011
Cash-raising card games in Bucheon
May 18, 2011
A poker tournament is one of several events taking place May 27-29 at Rhythm & Booze in Bucheon to raise money for underprivileged children.“Raising Hope: A Fundraiser to Help Underprivileged Children Get Ahead” is presented by Rhythm & Booze and BaboPromos. Participants in its poker tournament must pay an entry fee of 50,000 won, and a maximum of 50 can take part. The tournament starts Saturday,
Bidding to raise cash for pets
May 18, 2011
A charity auction to raise cash for abandoned animals will be held in a Busan bar Saturday. The night to raise funds for Busan Abandoned Pet Sanctuary is to be held at the Wolfhound bar, in Haeundae. Bidding will start at 11 p.m. with prizes on offer including a steak dinner at Sharky’s restaurant, as well as meals at Ono in Haeundae. Burger & Pasta and Paris restaurants in Gwangan are also donati
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Jung's paternity reveal exposes where Korea stands on extramarital babies
Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
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Seoul blanketed by heaviest Nov. snow, with more expected
K-pop fandoms wield growing influence over industry decisions
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[Graphic News] International marriages on rise in Korea
Korea's auto industry braces for Trump’s massive tariffs in Mexico
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