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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[Herald Interview] US election may unleash growth for Korea: Laffer
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Evicted guest burns down inn; 3 killed
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Yoon's Prague visit sets stage for W24tr nuclear power plant deal
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Seoul shares open higher on tech gains
South Korean stocks opened higher Friday, led by gains in tech shares.The benchmark Korea Composite Stock Price Index added 3.62 points, or 0.18 percent, to 2,024.72 in the first 15 minutes of trading. (123rf)Tech shares gained, with Samsung Electronics increasing 1.59 percent and top chipmaker SK hynix jumping 2.09 percentAuto shares were mixed, with market leader Hyundai Motor decreasing 0.37 percent while its smaller affiliate Kia Motors increasing 0.47 percent.The local currency was trading
July 29, 2016
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Eyeing call-up, Korean slugger Park Byung-ho belts 3 homers in minors
South Korean slugger Park Byung-ho is putting together quite a campaign to get his major league job back.Park belted three home runs in a minor league game for the Minnesota Twins' Triple-A affiliate, Rochester Red Wings, against the Pawtucket Red Sox on Thursday (local time) in Pawtucket, Rhode Island.Batting fifth as the designated hitter, Park went 3-for-5 with five RBIs. He is batting .286 with nine home runs and 16 RBIs in 21 games in Triple-A, along with an on-base plus slugging percentage
BaseballJuly 29, 2016
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Foreigners' duty-free shopping picking up again
Foreigners' local duty-free shopping has rebounded this year after a dismal drop last year from a contagious respiratory disease, data showed Friday, renewing interest in new licenses for the retail business.Statistics provided by the Korean Duty Free Association said shoppers purchased an average $207 worth of goods at the no-tax stores in the first half of this year, up from $200 in the same period last year. Foreigners bought $345 worth, compared with $337 last year. Locals purchased an avera
IndustryJuly 29, 2016
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No rest for weary: Korean Olympians begin training in Rio
There was no rest for the weary South Korean Olympians in Rio de Janeiro on Thursday, as they began training for the upcoming Summer Games less than 24 hours after landing in the Brazilian city.With the main contingent of the delegation in Rio, there are now 79 athletes in eight sports at the athletes' village. And they tried to beat jet lag by heading straight to practice.Six national team swimmers got their first look at the Olympic Aquatics Centre, the venue for all of their races during the
Olympic GamesJuly 29, 2016
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KT posts record-high Q2 operating profit in 4 years
[THE INVESTOR] Telecommunications firm KT posted second quarter operating profit of 427 billion won (US$379.6 million) -- its highest quarterly operating income in four years -- thanks to solid performances in its wireless network, landline telecom, and media businesses.The quarterly profit reflected a 15.8 percent increase on-year, KT said on July 29. Sales were up 4.5 percent to 5.68 trillion won. KT headquartersThe number of subscribers for KT's Long Term Evolution network service in the seco
TechnologyJuly 29, 2016
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Incheon's Songdo rising as mecca of drone industry
A west coast town in Incheon, filled with a variety of architectures inspired by global landmarks such as New York's Central Park and Sydney's Opera House, is turning into a mecca for the drone industry.South Korea has been promoting the fledgling industry as one of its new growth drivers. In 2003, the South Korean government designated Songdo in the western port city of Incheon, spanning 209 square kilometers, a free economic zone and bilingual city to accommodate foreign investors and resident
IndustryJuly 29, 2016
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Korea's industrial output edges up 0.8% in June
South Korea's industrial output rose for the second straight month in June on the back of increased production in chips and chemical products, a government report showed Friday.Production in the mining, manufacturing, gas and electricity industries edged up 0.8 percent last month from a year ago, according to the report by Statistics Korea. The June figure marked the second consecutive positive growth, following a 4.7 percent jump in May. From a month earlier, however, industrial output backtrac
IndustryJuly 29, 2016
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Korea's manufacturing sentiment worsens for next month
South Korean manufacturers' business sentiments will remain weak next month as they expect no big improvement in domestic demand, central bank data showed Friday.The business survey index of manufacturing firms here came to 71 for the upcoming month, down from 72 for July, according to the Bank of Korea.The BSI for August marks the lowest level since 70 registered for April. A reading above 100 means optimists outnumber pessimists, while a reading below the benchmark means the opposite.An index
IndustryJuly 29, 2016
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U.S. urges end to destabilizing rhetoric after N.K. diplomat warned U.S. crossed 'red line'
The United States called on North Korea to refrain from destabilizing actions after a senior Pyongyang diplomat said the U.S. has "crossed the red line" and declared war on the communist nation.Han Song-ryol, director-general of the U.S. affairs department at the North's Foreign Ministry, made the remark, blasting the U.S. imposition of sanctions on North Korean leader Kim Jong-un for his roles in the country's human rights abuses, according to AP."The Obama administration went so far to have th
North KoreaJuly 29, 2016
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Trump: U.S. could end up in 'massive war' while protecting
Republican presidential nominee Donald Trump said the U.S. could end up in a "massive war protecting somebody" if North Korean leader Kim Jong-un suddenly becomes "frisky."Once again displaying deeply negative views of U.S. security commitments to allies, Trump also said in a campaign speech Wednesday that the U.S. would find itself in "essentially World War III" if Japan comes under attack, arguing that the Asian nation does not have to do anything if the U.S. gets attacked."The man that we kno
InternationalJuly 29, 2016