Back To Top
K-Pop Herald
The Investor
The Herald Business
The Herald POP
Real Foods
Newsletter
Sign in
National
Politics
Social Affairs
Foreign Affairs
Defense
North Korea
Hwang on China
Science
Diplomatic Circuit
Education
K-Wellness
Business
Industry
Technology
Transport
Retail
Finance
Economy
Market
Money
Life&Style
Culture
Travel
Fashion
Food & Beverage
Books
People
Expat Living
Arts & Design
Health
Entertainment
Film
Television
Music
Theater
K-pop
esports
Sports
World Cup
Soccer
Baseball
Golf
More Sports
World
World News
World Business
Opinion
Editorial
Viewpoints
English Eye
Podcast
English Cafe
#Hashtag Korea
Topics
Hello Hangeul
Weekender
Interactive
PR Newswire
Global Insight
한국어판
Mobile Version
Subscribe
KH Media Kit
RSS
Twitter
YouTube
Instagram
Aides fail to coordinate agenda for Yoon-Lee meeting
Overdue wages for migrant workers average 6.63 mln won: survey
Three curators to lead Korea Pavilion's 'The House of Trees' at Venice
7 new train trip programs coming in May
[Career Compass] Preparing for a job interview?
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
[Bridge to Africa] Africa, new gateway for Korean trade: envoys
Lee Jun-seok hints at presidential run
Seoul to promote luxurious side of the city
[Today’s K-pop] Kep1er to disband after 2 1/2 years: report
LG Chem eyes new leap into top science company
Hyundai, Kia seek to boost presence in China market
Seoul shares dip 1.76 % over tech, battery slump
S. Korea-US alliance won’t be swayed by US election outcomes: envoy
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
Doctor gets suspended term for administering propofol to Yoo Ah-in
Girl picks up pile of cash, helps return it to owner
Monthly users on local streaming platforms outpace Netflix, Disney+
Korea enters clear growth path as Q1 growth hits 2-year high
+
Business
All
Industry
Technology
Transport
Retail
Daughter of late Samsung chairman becomes Samsung C&T president
Industry
Mar 29, 2024
Lee Seo-hyun, the second daughter of late Samsung Group Chairman Lee Kun-hee and the younger sister of Samsung Electronics Chairman Lee Jae-yong, is returning to the management as she takes the post of president at Samsung C&T. Samsung C&T, the construction and energy arm of Samsung Group that acts as a holding company for major affiliates of the group, said Friday that it named Lee as the president, who is in charge of the company’s strategy planning. “She is expected to con
More S. Koreans voice dissatisfaction with overseas e-commerce platforms in 2023
Retail
Mar 29, 2024
More South Korean consumers expressed dissatisfaction with their experiences shopping directly via online platform services based overseas last year, partly attributed to Chinese e-commerce platform AliExpress tapping deeper into the Korean market as well as greater demand for overseas travel among Koreans using online travel agency services based in Singapore, according to the Korea Consumer Agency. According to the KCA on Friday, the total number of requests for advice and reports of disputes
Banks rush to cough up misselling compensation
Industry
Mar 29, 2024
Korea's top lenders have all decided to accept the compensation guidelines suggested by the country's financial watchdog, agreeing to make up for the losses from the misselling of equity-linked securities tied to a Hong Kong index, with KB Kookmin Bank and Shinhan Bank joining the list Friday. Following company board meetings held earlier in the day, KB Kookmin Bank and Shinhan Bank announced they would carry out the compensation procedure, accepting the voluntary-basis plan suggested
Baemin pays out W400b in dividends to Delivery Hero
Industry
Mar 29, 2024
South Korea’s leading food delivery app Baedal Minjok, or Baemin, posted a 65 percent growth in operating profit last year, achieving a significant surplus for the second consecutive year. As a result, its German parent company, Delivery Hero, received some 412.7 billion won ($306 million) in dividends for the first time since acquiring Baemin. Baemin's app operator Woowa Brothers announced Friday that its consolidated sales reached 3.41 trillion won last year, marking a 15.9 percent
[Investor] Korea M&A Exchange secures investment from Japan
Industry
Mar 29, 2024
Korea M&A Exchange, Korea's premier M&A trading platform, has successfully secured a 500 million yen ($3.35 million) investment from Nihon M&A Center, Japan's leading M&A trading platform. A ceremony to mark the agreement between Korea M&A Exchange and Nihon M&A Center was held Thursday at Korea M&A Exchange headquarters in Yeouido, Seoul. As part of the agreement, Nihon M&A Center will acquire approximately 10 percent of Korea M&A Exchange's sh
City Oil Field to export oil coverted from waste plastic to Vietnam
Industry
Mar 29, 2024
South Korean environmental and energy solution provider City Oil Field, said Friday it signed a contract to supply decomposition oil derived from waste plastic to Vietnam’s Nam Anh Joint Stock Company. City Oil Field CEO Jeong Yeong-hun and Nam Anh JSC CEO Van Vien Thong signed the purchase agreement at the Vietnam firm’s headquarters in Ho Chi Minh, Thursday. Under the contract, City Oil Field will supply plastic waste derived oil including naphtha produced from its facilities in So
Hana Financial teams up with Credit Agricole to expand presence in Europe
Industry
Mar 29, 2024
Hana Financial Group, one of South Korea's top four finance conglomerates, has joined hands with Credit Agricole Corporate and Investment Bank to strengthen cooperation in expanding its business in Europe, the firm said Friday. The two entities have signed an agreement to expand cooperation in corporate and investment banking, treasury and trade finance, and financing for environment, social and governance-related initiatives. Hana Financial Group Vice Chair Lee Eun-Hyung, Xavier Musca, the
Dongwon Group heir promoted to chair
Industry
Mar 29, 2024
Dongwon Group Vice Chairman Kim Nam-jung, second son of the group's founder and honorary chairman Kim Jae-chul, was promoted to chairman at the group's board meeting held Thursday. Kim’s promotion fills the position which had been vacant for five years since the retirement of the honorary chairman in 2019. "We will inherit the achievements and management philosophy of honorary chairman Kim Jae-chul, who has led the Dongwon Group for the past 50 years, and discover future g
Samsung opens AI TV experience zone in Singapore Changi Airport
Industry
Mar 29, 2024
Samsung Electronics said Friday it has opened a new TV experience zone in Singapore's Jewel Changi Airport -- the lush entertainment and retail complex connecting Changi Airport's terminals 1, 2 and 3 -- to introduce its latest products. The tech giant will display there its newest products, including the 2024 Neo QLED 8K TV, equipped with a third-generation artificial intelligence 8K processor, and OLED TVs that preserve color accuracy and reduce reflections while maintaining image sh
Hanmi-OCI merger called off
Industry
Mar 28, 2024
The expected merger between OCI Group and Hanmi Group has been called off after a general meeting of shareholders at Hanmi Science, the holding company of Korea's leading drug firm Hanmi Pharmaceutical, on Thursday. The management conflict within the founding family has also temporarily ended as Lim Jong-yoon and Lim Jong-hoon, the first and second sons of founder Lim Sung-ki, secured enough seats on Hanmi Science’s board to stop the merger. "(OCI) humbly accepts shareholders
Korea’s CMO ramp-up lures biotech investors
Industry
Mar 28, 2024
South Korea’s growing biopharmaceutical production capacity is increasingly making the country an attractive investment destination for global life science companies, industry sources said Thursday. Since 2016, global pharmaceutical and biotech firms started building their research and development centers and production facilities in Korea, especially within the Songdo Bio Cluster in Incheon, where the biopharmaceutical production capacity has reached 1.2 million liters, the world’s
Bang Kyung-man named as KT&G's new CEO
Industry
Mar 28, 2024
KT&G's Senior Executive Vice President Bang Kyung-man has cleared the final hurdle to become the company's CEO by winning shareholders approval Thursday, marking the cigarette maker's first leadership change in nine years. The decision was made at the company’s 37th annual general meeting of shareholders, held at KT&G Human Resources Development Center in Daejeon. “I am deeply grateful to the shareholders for entrusting me with the honorable opportunity to serv
First female CEO takes helm at Kakao
Technology
Mar 28, 2024
Korean IT giant Kakao on Thursday appointed Chung Shin-a as its first female, chief while it is facing urgent challenges in revamping its corporate culture and management. The announcement was made as she gained a nod from shareholders during the annual meeting and a separate approval from the board of directors earlier in the day at the company’s headquarters in Jeju Island. After being named as the CEO nominee in December, Chung has served as the head of the company’s innovation ta
Audi Korea names new head, seeks business turnaround
Transport
Mar 28, 2024
With over 27 years of experience in auto industry, Steve Cloete will take wheel starting May 1
Kia EV9 wins world car of year
Transport
Mar 28, 2024
Hyundai Motor Group takes home 3rd consecutive crown for highest global auto honor
MOST POPULAR
01
Korea’s homegrown nanosatellite successfully launches into space
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
02
03
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
Nicaragua shuts down Seoul embassy
04
05
Hybe's multilabel system tested amid conflict with Ador
Rocket engine expert, ex-NASA exec to lead Korea's new space agency
06
07
SNU profs to suspend treatment for one day
SK hynix pledges W20tr to ramp up DRAM production at home
08
09
Over-50s, men, single-person households take up majority of those filing for bankruptcy
Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
10
1
2
3
4
5
6
7
8
9
10