The Korea Herald

Newspaper attempts to lead with iPhone, iPad apps

TechnologyAug 14, 2011

The global news media industry is faced with a make-or-break upheaval that revolves around the shift in focus toward online and mobile platforms. Over the past couple of years, newspaper companies around the world have lost their readers to online and mobile rivals.The past year was a remarkable one
Innovation implemented for better content and design

TechnologyAug 14, 2011

In the past six decades, The Korea Herald has established itself as the largest English-newspaper in Korea. It has now more than 50 percent of the nation’s market share, and has readers from around the world. In May this year, the paper took a major step forward to upgrade content for its paper
Korea’s foremost English daily dedicated to core mission

TechnologyAug 14, 2011

The Korea Herald marks its 58th anniversary on Monday. Over nearly six decades, the country’s biggest English-language newspaper has taken steps to provide accurate and reliable news and analysis to the readers.The Korea Herald started as The Korean Republic, a humble four-page tabloid, on Aug. 15,
Taxi black boxes protect drivers but invade privacy

Aug 12, 2011

Local authorities and taxi operators have eagerly adopted event data recorders, commonly known as black boxes, to protect drivers involved in accidents.However, increasingly common use of such devices in taxis has also given rise to privacy issues. While automobiles are becoming increasingly tech-he
Korea considers options to stem stock volatility

Aug 12, 2011

South Korea’s financial authorities said Friday they were weighing options to stem stock market volatility in response to growing concerns over foreign “hot money” that allegedly exaggerates the market’s moves. The local regulators’ latest gesture to stabilize the local stock market came after they
‘Turkey hopes to sign FTA with Korea by yearend’

IndustryAug 12, 2011

Turkey’s Economy Minister Zafer Caglayan said Friday his country hopes to sign the free trade agreement with Korea on product trading by the end of this year.“We have had our differences regarding product trading in the past, but it seems the issues have been taken care of in various aspects and the
Seoul slams ‘biased’ foreign reports on Korea

Aug 12, 2011

South Korea’s top financial regulator on Friday slammed “biased” analyst reports on the country by foreign brokerages and asked them to “properly” inform the market of the economy’s resilience.“A few foreign securities companies have released reports that made arbitrary judgments about the Korean ec
Samsung, Hynix confront plunging chip prices

TechnologyAug 12, 2011

Lee Kun-hee speculated to focus on faltering memory spot businessSamsung Electronics Co., the world’s biggest memory chip maker, and eighth-ranked Hynix Semiconductor Inc. are bracing for a steeper price plunge in memory chip prices. Nomura Securities issued a report Friday that the majority of chip
Seoul shares drop 1.33% on foreign selling

Aug 12, 2011

South Korean stocks closed 1.33 percent lower Friday on continued foreign selling as rosy U.S. jobs data failed to boost weak investor sentiment, analysts said. The local currency gained ground against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) slumped 24.13 points to 1,
Billionaire Soros' ex-girlfriend files $50m suit

IndustryAug 12, 2011

George Soros (Bloomberg)NEW YORK (AP) -- The former girlfriend of billionaire financier George Soros has accused him of reneging on a promise to buy her an apartment in New York City and has filed a $50 million lawsuit.Adriana Ferreyr filed the suit in Manhattan court on Wednesday.The 28-year-old Br
No further monetary tightening by S. Korea expected this year: Moody's

Aug 12, 2011

South Korea is expected to hold off on further monetary tightening for some time, probably for the rest of this year, amid growing confidence of bringing inflation under control, Moody's Analytics said Thursday."Monetary tightening has likely ended for this year," said Alaistair Chan, an economist a
Gunman opens fire in Estonian ministry

Aug 11, 2011

TALLINN, Estonia (AP) — A gunman opened fire inside Estonia's Defense Ministry and tried to take hostages on Thursday, but he apparently was shot and killed by police who stormed the building, an official said.The attacker entered the ministry in downtown Tallinn at midday, threw a smoke bomb,
U.S. stocks rise on small but positive economic signs

Aug 11, 2011

NEW YORK (AP) — Wall Street's wildest week since 2008 continued with another 300-point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy isn't headed into another recession.Fewer Americans joined the unemployment line last week and a techn
US stock futures fall again after another big drop

Aug 11, 2011

NEW YORK (AP) -- U.S. stock futures fell Thursday, following European markets lower and a day after another big drop on Wall Street.Worries have focused on the health of European banks, particularly those in France, this week. France's central bank said Thursday that the country's banks are solid an
Stocks strengthen for second day

Aug 11, 2011

The nation’s stock market saw gains for the second consecutive day amid emerging investor sentiment that the Korean economy is not critically exposed to external woes.The Korea Composite Stock Price Index climbed by 11.2 points from a day before to close at 1,817.44 though the index plunged during t