Most Popular
-
1
Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
-
2
Over 82,000 Korean young people unemployed, not searching for job long-term
-
3
40% of Korea's workers who reported bullying faced retaliation: survey
-
4
[KH Explains] Can smart chargers ease tensions over EV fires?
-
5
600 evacuated as heavy rain floods roads, homes in southern regions
-
6
1 in 5 households to have breadwinner over 80 in 30 years
-
7
New Fifty Fifty off to strong start
-
8
[Weekender] Young Koreans more open to Japanese cultural products
-
9
Evicted guest burns down inn; 3 killed
-
10
Assembly to review disputed appointment of national soccer team coach
-
Hyundai Rotem signs $1 bln deal to supply trains to Australia
Hyundai Rotem Co., the train-making unit of Hyundai Motor Group, said Thursday that it has signed a deal to supply trains to Australia, worth up to 1.1 trillion won ($995 million).Under the agreement signed with the Ministry of Transport and Infrastructure of New South Wales, the South Korean firm will supply 512 double-deck passenger railcars, worth 889.4 billion won.The deal also carries an option for the New South Wales government to order an additional 136 cars, making the entire deal worth
IndustryAug. 18, 2016
-
[INTERVIEW] 500 Startups hunts for next unicorn in global market
[THE INVESTOR] For many global startups, a four-month accelerator program of 500 Startups, a US venture capital seed fund, is an eye-opener.The startup accelerator program, held four times a year at two of 500’s offices in Mountain View and San Francisco, is a mixture of collaboration as well as fierce competition among startups from around the world. Mentors, called coaches there, also provide full support in a range of sectors, such as marketing and sales, for the participants.“The two acceler
TechnologyAug. 18, 2016
-
Samsung SDS enters Vietnam in joint venture with ALS
Samsung SDS said Thursday it will enter the Vietnamese market in joint venture with Aviation Logistics Service, a leading air freight terminal operator there.Vietnam is the second destination for the company’s market expansion strategy in the Southeast Asian region.Last month, the company agreed to set up a joint venture with Thailand’s Acutech.Samsung SDS, an IT solutions and logistics unit of South Korea’s largest conglomerate Samsung Group, pins hopes for the rapid growth of Vietnamese logist
IndustryAug. 18, 2016
-
S. Korea in talks with allies to counteract N. Korea's plutonium production
South Korea is in discussions with its allies on how to counteract North Korea's claimed resumption of weapons-grade plutonium production, a government official said Thursday.On Wednesday, Japan's Kyodo News reported North Korea had restarted its plutonium production for nuclear weapons use, citing its interview with Pyongyang's Atomic Energy Institute. The North Korean institute said producing highly enriched uranium is necessary for nuclear weapons and power, highlighting that it has no plans
North KoreaAug. 18, 2016
-
Former teen phenom embraces pressure, earns hard-fought gold
With South Korea struggling to pick up gold medals at the Rio de Janeiro Olympics, the pressure to end the drought rested squarely on the shoulders of a taekwondo fighter in the women's lightest weight class. (Park Hae-mook/The Korea Herald)And Kim So-hui, crowned the Olympic champion in the -49kg category on Wednesday, didn't disappoint.Kim defeated Tijana Bogdanovic 7-6 in the nervy final at Carioca Arena 3. It had an anticlimactic finish, too, as both athletes had to wait for the result of a
Olympic GamesAug. 18, 2016
-
[CHAEBOL EXPENSES] Top 10 chaebol spent over W30tr on entertainment expenses
[THE INVESTOR] South Korea’s top 10 conglomerates spent 31.3 trillion won (US$28.3 billion) on entertainment expenses from 2012 to 2015, according to research from Herald Business and The Investor. The firms -- Samsung, Hyundai Motor, SK, LG, Lotte, GS, Hanwha, Hyundai Heavy Industries, Hanjin and Doosan -- spent an average 7.57 trillion won a year for accounts set aside for entertainment purposes or miscellaneous spending. The miscellaneous account is not always used for entertainment purposes,
Latest NewsAug. 18, 2016
-
Golf coach guides players with her cooking
Just like any coach will do for their players, South Korean Olympic women's golf team skipper Pak Se-ri analyzes the golf course, sets strategies and encourages her players to put on their best performance.But there's one more thing she does: she cooks for her players. (Park Hae-mook/The Korea Herald)Pak, a World Golf Hall of Famer with 25 LPGA victories, is leading four world-class golfers at the Rio de Janeiro Olympics.They are Park In-bee (world No. 5), Kim Sei-young (No. 6), Chun In-gee (No.
Olympic GamesAug. 18, 2016
-
S. Korea to conduct largest-ever artillery drill to check N. Korean provocations
South Korea's military said Thursday that it will carry out the largest-ever artillery drill near the border with North Korea to demonstrate its determination to retaliate against future provocations. The drill will take place in the afternoon, one day before South Korea marks the first anniversary of the North's shelling of areas south of the Demilitarized Zone that separates the two Koreas."Some 300 artillery pieces from 49 artillery battalions are planning to take part in the live-fire exerci
DefenseAug. 18, 2016
-
Report says N. Korean defectors vulnerable to civil suits in South
A majority of North Korean defectors are embroiled in money-related civil suits in South Korea as they are not accustomed to money transactions in the capitalist society, a report showed Thursday.The Korea Hana Foundation, the government's agency that supports North Korean settlement in the South, provided free legal services to former North Koreans involved in 142 cases in 2014, according to the report released by the state-run Korea Development Institute.Out of the total, 81 cases were civil s
North KoreaAug. 18, 2016
-
Korean Kim Tae-hun wins taekwondo bronze
South Korean Kim Tae-hun won a bronze medal in men's taekwondo at the Rio de Janeiro Olympics on Wednesday.The two-time world champion defeated Carlos Navarro of Mexico 7-5 in the bronze medal contest in the men's -58kg at Carioca Arena 3. (Park Hae-mook/The Korea Herald)Kim fell into repechage after losing his first match of the day to Tawin Hanprab of Thailand. When Hanprab reached the final, Kim got a reprieve as the loser to the finalist in the round of 16.Kim first had to get past Safwan Kh
Olympic GamesAug. 18, 2016
-
Korean Kim So-hui wins taekwondo gold
Kim So-hui won South Korea's first taekwondo gold medal at the Rio de Janeiro Olympics on Wednesday. Park Hae-mook/The Korea HeraldKim defeated Tijana Bogdanovic of Serbia 7-6 for the women's -49kg title at Carioca Arena 3.This was the first day of taekwondo competition in Rio, and South Korea has already matched its gold medal total from the 2012 London Olympics. Eight countries split eight gold medals four years ago.Kim is a two-time world champion making her Olympic debut in Rio.Kim is 10th o
Olympic GamesAug. 18, 2016