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[Herald Interview] Director of 'Goodbye Earth' aimed to ask how we would face apocalypse
Doggy patrol team on the move to protect their cities
[Drama Tour] Try ‘Thirty-Nine’ cafe tour in Seoul
Best ways to add 'minari' to your table
Pandemic left Korea more depressed than before: report
Seoul's one-to-one postnatal care helps new moms breastfeed
Veterans minister to visit France, Germany this week
Vice finance minister attends OECD meeting in Paris
Yoon invites kids to Children's Day event
40 flights canceled on Jeju Island due to bad weather
Sales of eco-friendly cars top 100,000 in Q1 in S. Korea
S. Korea to participate in US-led cyber exercise this week
Gov't appears to shelve punitive measures against mass walkout by doctors
N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
Combined operating profit of 7 TV home shopping channels plunges 39.6 pct last year
S. Korea, China, Japan in talks to hold trilateral summit May 26-27: official
Hamas delegation heads to Cairo for truce talks
[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
Debate rages over ‘overly fatty’ samgyeopsal
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Korean banks up ante in Poland amid heightened ties
Mar 26, 2024
KB team up with Poland’s Bank Pekao to launch ‘Korea Desk’; Eximbank in talks to open local office
Banks compete for foreign customers
Mar 26, 2024
From operating on a Sunday to digital certifications, lenders step up services tailored to foreign nationals
LG Electronics CEO vows to elevate shareholder benefits
Mar 26, 2024
Cho Joo-wan hints at M&A with platform, B2B businesses
[Photo News] Lotte's EV push
Mar 26, 2024
Lotte Group Chairman Shin Dong-bin (center) visits a new EV charger production plant in Cheongju, North Chungcheong Province, on Monday. The plant, operated by EVSIS, a subsidiary of Lotte Innovate, an IT solutions unit, has an annual production capacity of 20,000 units. Lotte aims to nurture the EV charger business together with other future mobility businesses as its new growth drivers. (Lotte Group)
Hana Bank, GMO-PG to simplify Korea-Japan business payments
Mar 26, 2024
Hana Bank said Tuesday it signed a partnership deal with Japan’s largest payment processing company, GMO Payment Gateway, to launch a cross-border payment and settlement system for domestic companies expanding into Japan. Under the partnership, Hana and GMO will collaborate in providing a wide range of services Korean companies from expert consulting for starting businesses and launching franchises in Japan to assistance on transferring e-commerce sales generated in Japan. Thier collaborat
Daewoo E&C eyes bigger footing in overseas markets
Mar 26, 2024
Amid escalating construction costs and volatility in the financial markets triggered by interest rate hikes, the domestic real estate sector is grappling with unprecedented risks. In response, Daewoo Engineering & Construction is pivoting to international markets, notably in urban development projects, to mitigate these challenges, the company said Tuesday. Despite the recent market downturn, Daewoo E&C has demonstrated resilience. The builder reported sales of 11.6 trillion won ($8.67 b
How streaming TV buttons helped boost profits for Samsung, LG
Mar 25, 2024
Top two TV makers turn to content amid declining hardware sales
New Kyobo Life CEO urges change, innovation
Mar 25, 2024
The new CEO of Kyobo Life Insurance, the nation's leading life insurer, has pledged to achieve "sustainable growth" that benefits all stakeholders. Upon assuming office on Monday, CEO Cho Dae-kyu cautioned about the life insurance industry's current challenges, citing "stagnant growth and declining profitability." During his inauguration ceremony at the company's headquarters in Gwanghwamun, central Seoul, the CEO stressed the urgent need for "change and i
Eximbank to form W1tr fund for chips, battery
Mar 25, 2024
The Export-Import Bank of Korea, or Eximbank, announced it will form a 1 trillion won ($745 million) fund to support businesses in high-tech strategic industries, especially semiconductors and batteries. The policy lender will put in 150 billion won toward the fund which will close out at 1 trillion won. The fund will be used to provide preferential interest rates and loan limits to businesses related to chips, battery, bio, future mobility and electric engineering. It is the second fund establi
LX chief calls 2024 'turning point'
Mar 25, 2024
LX Holdings Chairman Koo Bon-joon said Monday he would enhance the group’s crisis response system in a bid to enhance its responsiveness to business uncertainties at home and globally. “The year 2024 will be an important inflection point as we prepare for the next three years of LX’s leap,” Koo said during this year’s annual shareholders meeting held at the company’s headquarters in Seoul. Koo’s comments come as LX Group spun off from LG Group in 2021
Antitrust watchdog to launch large-scale survey on e-commerce platforms
Mar 25, 2024
With the rapid influx of global e-commerce into the domestic market, the Fair Trade Commission is set to launch an extensive market survey starting Tuesday, to examine the evolving landscape and structure of the e-commerce market in Korea. The survey marks the first step in gathering data to produce a policy report slated for release by the end of this year. The report's objective is to proactively identify and analyze fair trade and consumer issues arising from shifts in e-commerce market
IBK to roll out W100b fund for digital tech
Mar 25, 2024
The Industrial Bank of Korea on Monday announced the establishment of a strategic investment fund worth 100 billion won ($75 million) to nurture businesses with innovative digital technologies. The fund will be pooled by the policy lender and its affiliate IBK Capital, with each investing 90 billion won and 10 billion won, respectively. As IBK Capital is more experienced in venture funding, it will manage the fund as a general partner, IBK explained. The fund aims to support platform operators w
65% of Korean firms penalize ChatGPT-crafted resumes
Mar 25, 2024
A majority of large companies in South Korea disadvantage applicants who craft their resumes using artificial intelligence services, such as ChatGPT, according to a survey released Sunday. The Labor Ministry and the Korea Employment Information Service unveiled a report on employment trends in the second half of 2023, which was based on a survey of human resource managers at the nation’s top 500 companies by sales. The survey was conducted from Nov. 20 to Dec. 22 last year, with 315 out of
[Photo News] Farewell to the Queen
Mar 25, 2024
Asiana Airlines’ Boeing 747-400, the last Boeing 747 aircraft in South Korea, is honored with a grand water salute at Taiwan Taoyuan International Airport on Monday to mark its final flight. Known as the “Queen of the Skies,” the iconic aircraft was first introduced in Korea in 1999. The Asiana aircraft has flown nearly 97,000 hours, completing over 18,000 flights and covering 88 million kilometers. (Asiana Airlines)
EcoPro invests $11m to secure stake in Indonesian nickel smelter
Mar 25, 2024
EcoPro, a South Korean battery materials holding company, said Monday that it had invested $11 million for a 9 percent share in Green Eco Nickel, an Indonesian nickel smelter operated by Chinese battery materials firm GEM, to expand the supply of nickel, a crucial raw material for lithium-ion battery production. The Green Eco Nickel smelter, situated on Sulawesi Island in Indonesia, boasts annual production of approximately 20,000 tons of nickel. The investment will allow EcoPro to gain addition
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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[Weekender] Korean psyche untangled: Musok
40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
From fake prostitution ring to nonexistent robber, prank calls hamper police
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
Missing S. Korean traveler in Paris found safe after 2 weeks
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Pandemic left Korea more depressed than before: report
Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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