Most Popular
-
1
Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
-
2
[KH Explains] Can smart chargers ease tensions over EV fires?
-
3
1 in 5 households to have breadwinner over 80 in 30 years
-
4
[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
-
5
Middle East’s big AI push lures Korean tech firms
-
6
[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
-
7
Arrival of fall calls for more outdoor festivals
-
8
New Fifty Fifty off to strong start
-
9
Assembly to review disputed appointment of national soccer team coach
-
10
Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
-
CCF 2016 Night wraps up three-day cross-cultural event
Traditional markets, theme cafes and palace visits in traditional Korean garment hanbok are the top three Korean trends both foreigners and Koreans alike would like to try, a Corea Image Communication Institute survey on Koreans’ and foreigners’ perceptions of Korea showed.The results of the survey of 307 Koreans and 223 foreigners were unveiled during the CICI’s Culture Communication Forum 2016 Night, held at the Grand Hyatt Seoul on Tuesday, also showed that Koreans and non-Koreans were both p
CultureSept. 7, 2016
-
Market cap of China-related firms shrink 11% due to THAAD risks
The market values of Korean firms eyeing the Chinese market has shrank significantly, as their stock prices have been falling for the past two months since the South Korean government announced the deployment of a US missile defense system on the Korean Peninsula. According to the Korea Exchange on Wednesday, the market values of 10 major businesses exporting products to China or operating in the market have shed nearly 7 trillion won ($6.42 billion) in total for the past two months. The aggrega
Sept. 7, 2016
-
KDB issues $1b global bonds at lowest borrowing rates
Korea Development Bank said Wednesday the state-run financier issued $1 billion worth of global bonds at all-time low borrowing rates, thanks to a recent upgrade in Korea’s sovereign credit rating. The country’s largest public financier issued three-year and 10-year bonds at rates 0.06 to 0.09 percent lower than the interest rates of similar bonds issued by the KDB and the Industrial bank of Korea. The rates are 0.04 to 0.17 percent lower than those of Canadian and Australian bonds, the bank sai
Sept. 7, 2016
-
Prosecutors visit Lotte founder to check his health before interrogation
State prosecutors on Wednesday visited Lotte Group founder Shin Kyuk-ho to check his health condition and decide how to question him over allegations he evaded some hundreds of billions of won in taxes in the process of handing over stocks to family members.The Seoul Central District Prosecutors' Office said its officials met with the 93-year-old business tycoon and his doctor at his office in Hotel Lotte in Seoul.Based on Wednesday's meeting, the prosecution will decide when and how to interrog
Social AffairsSept. 7, 2016
-
[Reporter’s column] W100b irony of Hanjin fiasco
The fall of Hanjin Shipping, Korea's largest container line, has brought about a global cargo chaos. With many of its vessels unable to dock or unload cargo at ports, owners of the stranded cargo are in a panic. Other Hanjin clients who planned to ship merchandise to the US or elsewhere for the Thanksgiving and Christmas shopping seasons are scrambling for alternatives. Global freight rates have soared. But in this Hanjin Shipping crisis, cargo is not the only thing in peril. Korea's drive to re
Sept. 7, 2016
-
[Photo News] Defense cooperation
Jung In (left), CEO of Dong In Optical, Korea’s leading red dot sight manufacturer, and Hamad Salem al-Ameri, CEO of Caracal International, an arms manufacturer based in Abu Dhabi, pose after signing a memorandum of understanding to foster mutual growth by sharing expertise and technology at a defense expo at Kintex in Goyang, Gyeonggi Province, northwest of Seoul, Wednesday. (DI Optical)
IndustrySept. 7, 2016
-
S&P says Korean economy likely to grow 2.9% on average until 2019
A senior official of the global rating agency Standard & Poor's on Wednesday said the South Korean economy could grow at an average rate of 2.9 percent per year until 2019.Kim Eng Tan, senior director of Asia-Pacific sovereign ratings at S&P, made the assessment of Asia's fourth-largest economy, citing South Korea has globally competitive companies and its industrial sector is properly distributed.He said South Korea's expected average annual growth rate between 2016 and 2019 is higher than thos
Sept. 7, 2016
-
LG Chem chief named best CEO: survey
Park Jin-soo, vice chairman and chief executive officer of LG Chem, was chosen as the country‘s best-performing CEO during the first half of this year, according to market researcher CEO Score on Wednesday. The research firm released the 500 Top CEO rankings among the companies with 5 trillion won ($4.5 billion) in sales. (Park Jin-soo)Vice Chairman Park won 68 out of 100 points while the average score for the CEOs surveyed was 52.5. CEO Score tracked the performance of 363 executives who have
IndustrySept. 7, 2016
-
8 participants in Korean martial arts event still missing
The organizers of an international martial arts event here said Wednesday seven athletes and one coach from three countries are still missing as the competition is coming to an end.The organizers of the World Martial Arts Masterships in Cheongju, some 130 kilometers south of Seoul in North Chungcheong Province, said that three jujitsu fighters from Sri Lanka, four belt wrestling athletes from Tajikistan and a wushu coach for Uganda have gone missing. The masterships will wrap up its seven-day ru
Social AffairsSept. 7, 2016
-
Lawrence Wright shows the human side of Middle East turmoil in ‘The Terror Years’
“The Terror Years: From al-Qaeda to the Islamic State”By Lawrence WrightKnopf (384 pages, $28.95)“The Terror Years,” Lawrence Wright’s wide-ranging and intensively reported collection of stories on the Middle East in the 9/11 age, begins with a pair of masterful profiles. The first, “The Man Behind Bin Laden,” tracks the upbringing and radicalization of Ayman al-Zawahiri, the current leader of al-Qaida. The second, “The Counterterrorist,” explores the career and death of John P. O’Neill, the FBI
BooksSept. 7, 2016