Most Popular
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Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
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[KH Explains] Can smart chargers ease tensions over EV fires?
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1 in 5 households to have breadwinner over 80 in 30 years
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Assembly to review disputed appointment of national soccer team coach
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New Fifty Fifty off to strong start
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Arrival of fall calls for more outdoor festivals
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Evicted guest burns down inn; 3 killed
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[Herald Interview] US election may unleash growth for Korea: Laffer
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Yoon's Prague visit sets stage for W24tr nuclear power plant deal
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Doctors defend colleague accused of blacklisting non-strikers
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Samsung Display teams up with Chinese firms on curved panels
Samsung Display Co. said Wednesday that it has formed an alliance with its sister company Samsung Electronics, and Chinese TV and panel manufacturers to further cooperate on expanding the curved panel industry.The agreement was made at a forum held by Samsung Display and the Congressional-Executive Commission on China in Beijing on Tuesday, the company said.China-based TV manufacturers, including market leader Hisense Co., panel makers such as TCL Corp. and Leshi Internet Information & Technolog
TechnologyAug. 24, 2016
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FTC to seek legal punishment against Lotte founder
South Korea's antitrust watchdog is expected to file a petition against Lotte Group founder Shin Kyuk-ho with prosecutors for the false reporting of its overseas affiliates' shareholding, informed sources said Wednesday.The secretariat of the Fair Trade Commission (has already informed Lotte of the plan for the legal punitive step after a review of the case that happened when Shin was in control of South Korea's fifth-largest conglomerate.The FTC will soon hold a plenary or sub-committee meeting
IndustryAug. 24, 2016
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Korea, China, Japan kick off trilateral foreign ministers' meeting
The top diplomats of South Korea, China and Japan began their trilateral meeting in Tokyo on Wednesday to discuss ways to expand cooperation and check pending issues of mutual concern.The talks, which started earlier in the day, marked the first time that foreign ministers of the three countries got together following the last such event held in Seoul back in March of 2015.Foreign Minister Yun Byung-se and his Japanese and Chinese counterparts, Fumio Kishida and Wang Yi, attended the gathering.T
Foreign AffairsAug. 24, 2016
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State power firms log stellar profitability in H1
South Korea's seven state power firms posted better first-half profitability than such key manufacturers as Samsung Electronics Co. and Hyundai Motor Co. as they kept rates flat despite falling production costs, data showed Wednesday.According to the data compiled by market researcher CEO Score, the ratio of operating profit to sales for Korea Electric Power Corp. and its six subsidiaries averaged 10.7 percent in the first half of the year.The figure is higher than 10.1 percent for tech giant Sa
IndustryAug. 24, 2016
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Audi to recall over 1,500 A8 cars for coolant leak
German automaker Audi AG will recall certain model years of A8 luxury passenger cars sold in South Korea for a coolant leak that may cause the car to lose power while driving and thus possibly lead to accidents, the transportation ministry said Wednesday.The local government began investigating possible coolant leaks in the Audi cars in June 2014 following a series of reports from vehicle owners here, according to the Ministry of Land, Infrastructure and Transport.The government confirmed coolan
MobilityAug. 24, 2016
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Park calls on Korean female leaders to support gov't efforts for work-family balance
President Park Geun-hye on Wednesday called on South Korean female leaders across the world to support her government's efforts for a work-family balance, which she says is critical in tackling the low birthrate and enhancing national competitiveness.In a video message to an annual session of the Korean Women's International Network, Park underscored that her government has pushed for various initiatives, including a flextime system, to help workers strike a balance between work and family."I ho
Social AffairsAug. 24, 2016
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Japan endorses contribution plan to comfort women foundation
The Japanese government on Wednesday approved a plan to contribute 1 billion yen ($9.97 million) to help victims who were used as sexual slaves by Japanese troops during World War II, a local media report said.According to Kyodo News, the Japanese government held a Cabinet meeting earlier in the day and endorsed the contribution plan that was pledged late last year. The money will go to a foundation launched in South Korea for the victims, euphemistically called comfort women. The decision is ex
Social AffairsAug. 24, 2016
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Korean athletes return home from Rio Olympics
The main contingent of South Korean athletes to the Rio de Janeiro Olympics came home to a heroes' welcome Wednesday after 17 days of competition in Brazil.The group made up of 70 athletes and sports officials arrived at Incheon International Airport, west of Seoul, at about 8:10 a.m.Hundreds of people, including the athletes' families and friends, were on hand at the airport to welcome the delegation with cheers.Wrestler Kim Hyeon-woo, who won a bronze medal in the men's under-75kg Greco-Roman
Olympic GamesAug. 24, 2016
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Kia Motors' Mexico sales more than double in July
South Korea's No. 2 automaker Kia Motors Corp. again renewed its monthly sales record in Mexico in July, market data showed Wednesday, suggesting its annual target of 50,000 cars will be anything but unattainable.The South Korean carmaker sold 5,510 cars, including light trucks, in Mexico last month, up more than 260 percent from the same month last year, according to the data from AMIA, the Association of Auto Manufacturers in Mexico.Kia only began selling its cars in Mexico in July 2015, but i
MobilityAug. 24, 2016