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
Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
Sidearmer, slugger team up for another postseason win
Wiz edge out Twins to open KBO postseason series
Firefighters’ 3,000 won meals spark nutrition concerns
Take your dog to a festival this October
[Weekender] Make way for running crews?
Nearly 2 in 3 mothers give birth via cesarean section
'Will AI steal my job?' Koreans among nationalities feeling most threatened by AI
60% of rain forecasts wrong during Seoul's rainy season
PPP urges swift ratification of new S. Korea-US defense cost deal
Reigning Korean Series MVP wants another taste of championship; opponent seeks revenge
Opposing managers taking contrasting pitching plans into KBO postseason series
Military aircraft evacuating S. Koreans in Lebanon returns home
From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
Additional case of lumpy skin disease confirmed in S. Korea
Daily stock trading volume dips to lowest in Sept. amid sluggish conditions
Korean bands get their day in the sun, finally
At least 14 dead in worst Bosnian floods in years, officials say
+
Business
All
Industry
Technology
Transport
Retail
[Advertorial] LG Chem aims to double revenue by 2024
Feb 18, 2020
LG Chem said Tuesday it aims to double its revenue by 2024. The South Korean chemical giant ranked 10th among the global top 50 chemical companies in 2018 in an annual survey by Chemical and Engineering News, published by the American Chemical Society, last year. The company aims to double its current revenue of around 30 trillion won ($25.6 billion) to 59 trillion won and to secure double-digit operating margin by 2024. It has set 2020 as the “Year of Execution” and vowed to r
LG Group chief visits R&D center, emphasizes design
Feb 18, 2020
The chief of LG Group on Tuesday emphasized design quality for its electronic products, saying that design is a factor that can deliver a differentiated customer experience. Koo Kwang-mo, who leads South Korea's fourth-largest conglomerate, visited LG Electronics Inc.'s research and development (R&D) campus in Seoul and checked the company's products. "It is design that gives the first impression of our products and delivers this sense of feeling that this product is worth buying,&q
Imports of Japanese consumer goods down for 7th month amid boycott
Feb 18, 2020
South Korea's imports of key consumer goods from Japan fell for the seventh consecutive month in January as a boycott of Japanese goods has dragged out amid their monthslong feud over their shared wartime history, data showed Tuesday. Imports of consumer goods from Japan dipped 35.9 percent from a year earlier in January to $193.6 million, according to the data compiled by the Korea Customs Service and released by Rep. Kim Chung-woo of the ruling Democratic Party. A growing number of
UAE approves operation of Arab’s first nuclear plant built by Kepco
Feb 17, 2020
The United Arab Emirates has approved the operation permit of the Barakah nuclear power plant, which is being built by Korea Electric Power Corporation, reports said Monday. This is the first nuclear power plant exported by the Korean firm. The license granted to the plant’s operator Nawah Energy Company will be for 60 years, Hamad al-Kaabi, deputy chairman of Federal Authority for Nuclear Regulation, was quoted as saying by Reuters. Nawah can now start preparing for commercial operatio
[Monitor] Six out of 10 Korean firms anticipated worsened business from coronavirus
Feb 17, 2020
Six out of 10 Korean companies expect their business to worsen due to the novel coronavirus outbreak, a survey released by the Korea Economic Research Institute showed. The survey, conducted by Mono Research on the top 1,000 companies by revenue, showed that 61.8 percent of them said the outbreak will hamper their overall revenue and exports. Among those with production facilities in China, 83.9 percent said they will be hurt by the virus. A prolonged pandemic will hurt the auto industry the
[Photo News] Convenience stores enjoy boom
Feb 17, 2020
With changing consumption patterns amid the rising number of single-member households and online shopping, the convenience store chains in South Korea reaped their largest margins last year, according to industry data. GS25 made 256.5 billion won in operating profit last year, its largest on record. CU also marked a record 196.6 billion won in operating profit. The consolidated operating profit of Emart, the large retail store chain, meanwhile, dropped 67.4 percent to 150.7
Who will chair boards at Samsung, Hyundai Motor?
Feb 17, 2020
Attention is turning to who will replace the leadership on the boards of Korea’s tech and automobile behemoths -- Samsung Electronics and Hyundai Motor -- at the upcoming general shareholders meetings in March. On Friday, Lee Sang-hoon, chairman of Samsung Electronics’ board, resigned from his role after being found guilty of sabotaging labor unit activities. Lee was sentenced to 18 months in jail in December upon conviction of violating labor union-related laws. On his resignat
Posco International discovers new gas field in Myanmar
Feb 17, 2020
Posco International said Monday that it had discovered a new offshore gas reservoir near Myanmar, raising hopes for a new cash cow for the company. According to the Korean company, it began exploratory undersea drilling on Jan. 12 for its Mahar gas project. The company drilled 2,598 meters into the seabed, more than 1,000 meters below the water, and carried out drill stem testing to discover the gas reservoir, which could yield about 38 million cubic feet of natural gas per day. The company s
[News Focus] Netmarble enters red in Q4, seeks change in 2020 through overseas biz
Feb 17, 2020
Co-CEOs to share burden of game development, overseas launches
[The Heirs (1)] Succession at CJ slow but remains on track
Feb 17, 2020
Preferential stocks, M&A used to minimize tax while transferring ownership
Hanwha Systems to develop air taxi with Overair
Feb 16, 2020
Hanwha Systems, the defense unit of Hanwha Group, said Sunday it would take part in an air taxi project by US personal air vehicle company Overair. On Friday, the opening ceremony of the US company -- recently spun off from aerospace-development firm Karem Aircraft -- was attended by CEO Ben Tigner and Hanwha Systems CEO Kim Yeon-chul. In December, the US Committee on Foreign Investment approved Hanwha Systems’ investment of $25 million in Overair. The Korean firm said it would contri
[Monitor] Car production in Korea declines nearly 30% in January
Feb 16, 2020
According to the trade industry, Korea’s demand for and exports of automobiles declined in January on-year. Car production decreased to 251,573 units last month, down 29 percent from the same month last year, due to the Lunar New Year holiday and partial strikes at some companies. Although sales of new cars from domestic brands, including the Hyundai Sonata, Kia K5, Kia Seltos and Genesis GV80, were strong, overall sales reached 98,755 units, down 15.9 percent on-year. (khnews@herald
FTC to report Naver Chairman to prosecutors for violating antitrust laws
Feb 16, 2020
South Korea’s Fair Trade Commission is set to report Naver Chairman Lee Hae-jin to prosecutors for alleged violation of antitrust laws, officials said Sunday. The antitrust watchdog said Lee is accused of omitting 20 affiliates, including Line Friends and some of his own and relatives’ companies, when submitting data to the FTC in 2015. The company was also found to have omitted eight affiliates owned by executives of nonprofit companies wholly owned by Naver in 2017 and 2018. Ea
[Herald Interview] The control engineer out to switch cancer off
Feb 16, 2020
Kaist researcher’s systems approach shows promise in quest to stop cancer cells multiplying
LG Chem gets default win in US ITC suit after SK Innovation’s contempt of court
Feb 16, 2020
The US’ International Trade Commission has made a default judgment in favor of LG Chem in its suit against SK Innovation, LG Chem said Sunday, hinting that the end is near in the legal tug-of-war between the two Korean battery makers. A default judgment occurs when a court rules in favor of the plaintiff in default following the defendant’s failure to fulfill due responsibility in a legal case. The US ITC might disclose the reason for its decision in the coming week. If the ITC
MOST POPULAR
01
Slew of top K-pop stars ready to return from military
S. Korea, US clinch 2026-30 defense cost-sharing deal in pre-election push
02
03
Military aircraft evacuating S. Koreans in Lebanon returns home
Concerns raised over chronic labor shortage at state-run center for digital sex crime victims
04
05
BTS-themed moon jar to be unveiled on Hangeul Day
Market uncertain on Korea's October rate cut despite slowed inflation
06
07
Samsung unveils 'personalized AI' for all devices
1,430 minors investigated for drug offenses from 2018 to 2023: police
08
09
[Robert Fouser] Why the US election looks so close
Special counsel bill to probe first lady scrapped
10
611
612
613
614
615
616
617
618
619
620