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S. Korea, Cuba agree to open diplomatic missions
KT launches new mobile plans for foreign residents
[KH Explains] No more 'Michael' at Kakao Games
[Photo News] Shinhan supports families
Samsung chief bolsters ties with Germany’s Zeiss
Woman gets suspended term for injuring boyfriend with knife
Tensions heighten ahead of first president-opposition chief meeting
[Herald Interview] Mistakes turn into blessings in street performance, director says
Woori Financial jumps in race to take over Lotte Insurance
Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
Rapper jailed after public street fight with another rapper
Med schools expect 1,500+ new admission slots next year
Seoul to provide housing subsidy to married couples with newborns
Lim Yunchan announces change of program for June recitals
KT&G CEO highlights Indonesia as new global production hub
After bitter defeat, S. Korean soccer coach blames himself, calls for overhaul
Cost of eating up, particularly in Seoul: data
HD Hyundai CEO to co-chair WEF Special Meeting
Nongshim launches dance challenge for new ramyeon products
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7 out of 10 wealthy Koreans offer grim outlook for 2024
Apr 25, 2024
Real estate remains most attractive potential investment for the rich
Korea enters clear growth path as Q1 growth hits 2-year high
Apr 25, 2024
South Korea’s economy expanded at the fastest clip in more than two years in the first quarter as private spending and exports picked up, the central bank said Thursday. The country's real gross domestic product grew 1.3 percent on-quarter in the January-March period, accelerating from a 0.6 percent expansion in the fourth quarter last year, according to an advance estimate from the Bank of Korea. The latest GDP figure is a significant improvement from the past eight quarters, during wh
Eximbank to nurture regional development specialists
Apr 25, 2024
The state-run Export-Import Bank of Korea said Thursday that it planned to dispatch 34 young regional specialists to 13 developing countries under its Economic Development Cooperation Fund, aimed at cultivating a new generation of experts in global development cooperation. As a member of the OECD Development Assistance Committee, South Korea has long been committed to supporting infrastructure development in emerging economies and crafting innovative models for development cooperation. Initia
Korean investment in US almost doubles from pre-pandemic: report
Apr 24, 2024
Securing logistics infrastructure, bases on US East Coast becomes crucial to mitigate supply chain risks
[Herald Interview] Bridging Korea, Philippines for better future
Apr 23, 2024
Filipino biz tycoon Singson, legendary boxer Pacquiao stress investment vision lies in improving people’s livelihoods
Aging population to drive down Korea's housing prices from 2040: experts
Apr 23, 2024
South Korea's housing prices are expected to see a long-term decline starting in 2040, hit by the nation’s falling birth rate and quickly aging society, according to experts who joined a Seoul seminar hosted by construction project management firm Hanmi Global on Tuesday. "In 2025, South Korea will become a superaging society with an over-65 population surpassing 10 million, which will account for more than 20 percent of the country's total population. Due to the aging population an
Korea's food inflation surges to third-highest in OECD
Apr 22, 2024
Food prices climb nearly 7% in February, outpacing OECD average for first in two years
S. Korea pledges W23tr venture capital fund for green investment at G20 meeting
Apr 19, 2024
South Korean finance minister is officially invited to this year's G7 meeting
Trilateral talks acknowledge ‘serious’ slumps of won, yen
Apr 18, 2024
BOK governor highlights ongoing depreciation of Korean won to be 'transitory'
Seoul Business Agency CEO says SNS marketing essential for SME
Apr 18, 2024
Small business owners are now required to wear a second hat as an online content creator to increase engagement with young consumers, the head of Seoul Business Agency, a business support institution run by the Seoul Metropolitan Government, said at the Global Biz Forum held in Seoul, Wednesday. The GBF, organized by The Korea Herald, is an association of experts from various fields such as business leaders, scholars, diplomats and celebrities, who come together to provide comprehensive views
Korea, Japan finance chiefs vow to tame rampant FX market volatility
Apr 17, 2024
Two countries' top economic chiefs issue rare joint expression of concern against their currencies' rapid fall versus US dollar
Beer imports from Japan more than double in Q1
Apr 17, 2024
South Korea's imports of Japanese beer products more than doubled on-year in the first quarter this year, despite a 20 percent drop in the country's overall beer imports during the same period, government data showed Wednesday. According to the Korea Customs Service, the combined value of Korea's beer imports in the January-March period decreased by 19.8 percent on-year to reach $45.2 million. In terms of volume, the country' beer imports went down by 24.1 percent to 48,322 tons. Beer imports
Korean won slides amid heightened uncertainty
Apr 16, 2024
The Korean won weakened to 1,400 won against the US dollar during trading hours Tuesday, marking a new 17-month low as the Korean economy faces headwinds from the escalating volatility in the Middle East. The local currency against the greenback closed at 1,394.5 won, losing its value by 10.5 won from the previous trading day. Shortly after trading began at 1,389.9 won, the rate weakened to 1,400 won to $1 at 11:32 a.m., marking the first time in 17 months for the currency exchange rate to hi
Credit card transactions hit W900tr in 2023
Apr 16, 2024
Shinhan outpaces rivals with 20% market share
Pineapple, mango imports surge to record highs in March
Apr 16, 2024
South Korea witnessed its highest-ever import figures for pineapples and mangoes in March, largely driven by the government’s recent efforts to address the soaring prices of homegrown apples by diversifying demand toward alternative options. According to the Korea Customs Service on Tuesday, the import volume of pineapples reached 8,686 tons, worth $8.68 million, in March, up 44.7 percent from the previous year, marking a record high. Imports of mangoes also more than doubled to 6,264 t
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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[Weekender] How DDP emerged as an icon of Seoul
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Seoul to provide housing subsidy to married couples with newborns
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[Music in drama] An ode to childhood trauma
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