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[Yoo Choon-sik] Promises for living cost problems
[Ken Taylor] Reshaping the discourse on heritage
[Editorial] Simplify property taxes
N. Korea expresses full support for Palestinian UN membership
Afghanistan floods devastate villages, killing 315
1 passenger dies after falling overboard on cruise ship
[Herald Interview] Sculptor inspired by childhood friend nature
LG Electronics CEO offers to pay $1m salary to top AI talents
Hybe-Ador CEO conflict gets messier
[Contribution] Korea should prioritize innovation, not misguided platform regulation
Battery makers ramp up efforts to diversify graphite supply chain
Yoon names new military manpower chief
Popular online game soundtracks recreated as traditional music
[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
Samsung Electronics microwave tops European market
[Photo News] Empowering jobseekers
Court's ruling set to shape path of medical school expansion
Motional delays self-driving service launch to 2026 following Hyundai investment
Loans of self-employed swell 50% in four years
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Hanlim, Kazakhstan partner on greenhouse gas reduction project
Apr 15, 2024
Hanlim Architecture Group said Saturday it was embarking on a joint collaboration with Kazakhstan's environmental group KMG and the city of Shymkent on a landfill greenhouse gas reduction project. The partnership went through a joint project agreement, which was marked by a visit to the landfill site in Shymkent, Kazakhstan, by KMG Chairman Choi Ik-jun, Hanlim Architecture Group Chairman Park Ji...
KAI inks W1tr eVTOL parts supply deal with Brazil's Eve
Apr 15, 2024
By Park Se-ra ( serap1005@heraldcorp.com ) The Korea Herald
How should Korea adjust its trade defenses against Chinese EVs?
Apr 15, 2024
Korea, home of the world’s third-largest automaker, Hyundai Motor Group, finds itself at a critical juncture as the rise of Chinese-made electric vehicles in the domestic market poses a complex challenge: how to protect national interests while embracing the inevitable shift toward electrification. Unlike the United States and the European Union, which perceive Chinese EVs as a grave security th...
KAI inks deal with Brazilian aircraft firm to supply eVTOL components
Apr 15, 2024
Korea Aerospace Industries (KAI) said Monday it has signed a deal with Brazilian aircraft manufacturer Eve Air Mobility to supply a key component used in the production of electric vertical take-off and landing (eVTOL) vehicles. The contract is valued at over 1 trillion won ($722.9 million) and the period extends until the completion of the production of the eVTOL model, KAI said. KAI will be r...
[Hello India] Venturing into India's regulatory landscape
Apr 15, 2024
Korean law firm Jipyong's India-focused team advises Korean businesses on how to monetize its massive market
S. Korea ups guard against economic impact from Middle East conflict
Apr 15, 2024
The South Korean government on Sunday announced heightened vigilance against potential domestic repercussions in light of the escalated tensions in the Middle East following Iran's attack on Israel. President Yoon Suk Yeol convened an emergency meeting with cabinet members and relevant government agencies to discuss strategies to respond to the the ongoing conflict between Iran and Israel. The ...
Korea faces another compensation claim over 2015 Samsung merger
Apr 12, 2024
The South Korean government faced another compensation claim for its alleged role in the 2015 merger of two Samsung companies. The Hague-based Permanent Court of Arbitration ruled Thursday that the Korean government should compensate some $32.03 million to Mason Capital, a New York-based hedge fund, for its investment losses from the high-profile merger deal. Mason had originally demanded to be ...
BOK holds rate, wary of inflation's ‘last mile’
Apr 12, 2024
Korean won-US dollar exchange rate closes at 1,375.4 won, hitting 17-month high
Korean auto exports hit record $17.5 billion in Q1
Apr 12, 2024
Korean automobile exports reached a record $17.5 billion in the first quarter of this year, marking a 2.7 percent increase from the same period last year, according to the Ministry of Trade, Industry and Energy on Thursday. Automobile exports surged to $6.2 billion in March alone, following a slight dip to $5.2 billion the previous month. This boost was largely driven by the robust performance o...
BOK to keep restrictive stance for longer period amid inflation woes
Apr 12, 2024
South Korea's central bank froze its key rate for the 10th straight session Friday, saying that its current restrictive stance will be maintained for a sufficient period of time amid woes over high inflation and household debt. In a widely expected decision, the monetary policy board of the Bank of Korea (BOK) kept its policy rate unchanged at 3.5 percent. The BOK has continued to stand pat fol...
[Herald Interview] Weak consumption, property crisis could delay Korea’s recovery: ADB economist
Apr 11, 2024
Korean economy forecast to grow by 2.2% in 2024, 2.3% in 2025
Amid deeping apple crisis, S. Korea eyes long-term measures
Apr 11, 2024
This year’s spikes in apple prices have prompted South Korean officials to explore long-term strategies to stabilize fruit harvests. While the latest price trends are influenced by various factors, including short-term weather events, officials are concerned about a troubling underlying trend: Declining harvests due to shrinking cultivation areas in the country attributed to climate change, a de...
Yoon's plans to boost stock market likely to fizzle
Apr 11, 2024
Tax reform plans for corporations participating in value-up programs may struggle to clear parliamentary hurdle
Korea's national debt hits record high in 2023
Apr 11, 2024
South Korea's national debt surged by nearly 60 trillion won ($44 billion) last year, reaching a record high. According to a report on the 2023 national settlement of accounts approved at a Cabinet meeting, the country's national debt stood at 1,126.7 trillion won, up by 59.4 trillion won from 2022. The total includes 1,092.5 trillion won owed by the central government and 34.2 trillion won owe...
Korea aligned with US export curbs on chips to China: minister
Apr 11, 2024
By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
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Seoul transit pass for travelers to be available starting July
Controversy rekindled over when to name criminals, suspects
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[Weekender] Pet food makers bet big on ‘recession-free’ pet food market
N. Korea says to deploy new multiple rocket launcher starting this year
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[Drama Tour] Romantic trip to ‘Queen of Tears’ filming spots
Battery makers ramp up efforts to diversify graphite supply chain
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Hybe-Ador CEO conflict gets messier
‘Monk’ DJ spreading Buddhism goes global
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[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
Buddha's birthday lantern parade to light up Seoul
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