The Korea Herald

Choi He-suk

안녕하세요 Choi He-suk 기자입니다.

Articles by Choi He-suk

Korea’s quality of life stagnant: report

Aug 21, 2011

The quality of life in Korea is one of the lowest among members of the Organization for Economic Cooperation and Development and G20 nations, a Korea Development Institute, report showed Sunday.According to the Ministry of Strategy and Finance, the KDI report on developing indexes for measurin
4 at Deutsche Bank indicted over stock manipulation

Aug 21, 2011

Four employees of Deutsche Bank AG and Deutsche Securities Korea have been indicted on charges of gaining unlawful profits by manipulating stock prices, the Seoul Central District Prosecutors’ Office said Sunday. Of the four, three work at Deutsche Bank’s Hong Kong branch including one executive.The
Former top court justice named new Supreme Court chief

PoliticsAug 18, 2011

Former Supreme Court Justice Yang Seung-tae was named the new chief justice of the Supreme Court on Thursday, the presidential office Cheong Wa Dae said.Yang, 63, had been a justice at the top court from 2005 to February 2011. His term as the chief justice will also run six years. If approved, Yang
Hanwha E&C to build world’s largest domed arena near Manila

IndustryAug 18, 2011

Korean builder strives to become one of the world’s 100 largest construction firmsHanwha Engineering and Construction Corp. began work on the world’s largest domed arena in the Philippines on Thursday.The work for the $175 million contract, signed on Aug. 4, got underway in a ceremony attended by Ha
Think tank unveils N. Korean court ruling ordering public execution

North KoreaAug 18, 2011

A South Korean state-run think tank on Thursday unveiled a North Korean court ruling sentencing a man to public execution, suggesting the totalitarian regime uses the punishment as part of its legal system.The Korea Institute for National Unification (KINU) said it included images of the document in
Kia Motors ranks 10th in China's auto market

IndustryAug 18, 2011

HONG KONG (Yonhap News) – South Korea's second-largest automaker, Kia Motors Corp., ranked 10th in terms of China's auto market share during the first seven months of this year, company officials said Thursday.Kia Motors said it sold 222,158 units of vehicles in China from January to July, up
Hyundai firms plan W500b charity foundation

IndustryAug 16, 2011

Hyundai Heavy Industries and some other companies bearing the Hyundai name will set up a charitable foundation with 500 billion won ($467 million), the shipbuilder announced Tuesday.Much of the fund will be raised by Hyundai Heavy Industries and its subsidiaries, and the group’s largest shareholder,
KT&G to raise social spending

IndustryAug 16, 2011

KT&G Corp., the country’s largest cigarette maker, plans to raise the proportion of annual revenues injected into corporate social responsibility projects to 3 percent.The target was included in the company’s long-term social contribution plans announced Tuesday.KT&G CEO Min Young-jin said in a stat
More SMEs warm to shared growth

IndustryAug 15, 2011

The number of small and medium sized enterprises positively rating the government-led shared growth drive has almost doubled since the introduction of a comprehensive plan last year, the Ministry of Knowledge Economy said Monday.The government implemented a comprehensive plan for supporting shared g
Woori privatization hits further snag

Aug 15, 2011

The process of privatizing Woori Financial Group may once again be stalled with Vogo Fund hinting that it will not take part in the preliminary bids for the financial group.The Korea Deposit Insurance Corp. currently holds 56.97 percent of Woori Financial Group. The state-run firm plans to sell more
S. Korean shares likely to be rocked by uncertainties next week

Aug 6, 2011

South Korean stocks are expected to face a considerable amount of uncertainties and volatile sessions next week following the downgrading of the U.S. sovereign credit rating, analysts said Saturday.Market experts said that the decision by Standard and Poor's Rating Services (S&P) to lower the credit
S. Korea issues solar warning alert

ScienceAug 6, 2011

South Korea issued a solar warning alert on Saturday and informed telecommunication and transportation companies to expect disruptions in communication-related services.The Radio Research Agency (RRA) said that a sizeable solar flare occurred at 3 a.m. and that the large amount of energy released fr
Obama officials attack S&P's credibility after downgrade

World BusinessAug 6, 2011
Colombia asserts U-20 World Cup claims

SoccerAug 6, 2011

BOGOTA (AP) – Host nation Colombia asserted its claim to being among the favorites to win the Under-20 World Cup, defeating South Korea 1-0 on Friday to finish atop its group with a perfect record.Colombia finished with nine points in Group A, ahead of France, who defeated Mali to clinch secon
Bank of Korea sees no big impact from U.S. rating cut

Aug 6, 2011