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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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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Arrival of fall calls for more outdoor festivals
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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New Fifty Fifty off to strong start
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Assembly to review disputed appointment of national soccer team coach
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SUV, minivan sales set new H1 record
[THE INVESTOR] South Korean carmakers’ SUV and multipurpose vehicle sales hit a new first-half record this year aided by new models, and the tax cut on new purchases, industry data showed on July 19.According to industry figures, 271,523 units of SUVs and multipurpose vehicles produced by local carmakers were sold here during the first six months of the year. Compared to the same period last year, the figure is an increase of 8.7 percent. Kia Motors SorentoThis year’s figure is the highest on re
MobilityJuly 19, 2016
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PM vows to bolster countermeasures against N. Korea provocations
Prime Minister Hwang Kyo-ahn on Tuesday said South Korea needs to beef up its military capability against Pyongyang's provocations, highlighting the necessity to deploy an advanced U.S. missile defense system in the country."North Korea's nuclear and missile provocations are escalating every day," Hwang said during the Cabinet meeting. "Even earlier this morning, Pyongyang fired three ballistic missiles."The missiles, presumed to be the Scud type, were launched from North Hwanghae Province and f
Diplomatic CircuitJuly 19, 2016
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Recreational vehicle sales hit 14-year high
The sales of recreational vehicles, such as SUVs and minivans in Korea, reached a 14-year high in the first half of the year, driven by rising demand for such vehicles and diversified models, industry data showed Tuesday.According to the data, the country's five automakers, including Hyundai Motor Co. and Kia Motors Corp., sold a total of 271,523 recreational vehicles in the January-June period, up 8.7 percent from a year earlier. The first-half figure marks the highest since the 266,018 units s
IndustryJuly 19, 2016
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Seoul stocks open weak on profit-taking
Korean shares started lower Tuesday as investors opted to cash in part of recent gains.The benchmark Korea Composite Stock Price Index slipped 6.11 points, or 0.3 percent, to 2,015.00 in the first 15 minutes of trading.Most large caps traded mixed with market kingpin Samsung Electronics falling 0.33 percent.Top automaker Hyundai Motor shed 0.38 percent, and top steelmaker POSCO also fell 1.32 percent.In contrast, Naver, the operator of the country's top Internet portal, rose 0.56 percent.The loc
July 19, 2016
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Samsung Electronics' M&As focus on cloud, B2B services
Samsung Electronics' mergers and acquisitions over the past 10 years indicate the tech mogul is betting its business on cloud and business-to-business services, corporate watchers said Tuesday.Samsung pushed through 22 M&As since 2007, including Canada's digital ad startup AdGear in May and U.S. cloud computing firm Joyent in June. Eight of the deals were related to cloud and B2B services.The M&A pace picked up from 2010. Before then, there were only two deals. In May 2012, Samsung acquired U.S.
IndustryJuly 19, 2016
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N. Korea test-fires three ballistic missiles after THAAD decision
North Korea fired off three ballistic missiles Tuesday, less than two week after South Korea and the United States agreed to deploy an advanced antimissile system in the country to deal with evolving nuclear and missile threats from the communist country.The three ballistic missiles, Scud or Rodong types, were launched from Hwangju, North Hwanghae Province, between 5:45 a.m. and 6:40 a.m., with two flying some 500 to 600 kilometers, the Joint Chiefs of Staff spokesman Jeon Ha-kyu said. The traj
North KoreaJuly 19, 2016
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Producer prices drop in June
Korea's producer prices dropped slightly from a year earlier in June on a large cut in prices of coal and petroleum products, central bank data showed Tuesday.The producer price index for June came to 99.01, down 2.7 percent from the same month last year, according to preliminary data from the Bank of Korea. (123rf)Producer prices serve as an indicator of future consumer inflation.The June index marked a slight increase from a revised 98.79 in the previous month.Prices of manufactured goods gain
July 19, 2016
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Kerry has no plans to meet N.K. foreign minister on ARF's sidelines: State Department
U.S. Secretary of State John Kerry has no plans to meet one-on-one with his counterpart from North Korea on the sidelines of a regional security conference next week in Laos, a State artment official said Tuesday.Kerry is scheduled to visit the Lao capital of Vientiane from July 25-26 for a series of annual meetings hosted by the Association of Southeast Asian Nations, including Asia's biggest annual security gathering, known as the ASEAN Regional Forum, according the department.ARF is one of th
WorldJuly 19, 2016
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Top Trump adviser blasts Korea FTA as 'mistake'
The top foreign policy adviser to Republican presidential candidate Donald Trump blasted the free trade pact with South Korea again on Monday, calling it a "mistake" that more than doubled American trade deficits with the Asian country.Sen. Jeff Sessions (R-AL), who oversees Trump's foreign policy team, has expressed deeply negative views of free trade deals, often using the pact with South Korea as an example to make the case the administration of President Barack Obama duped the country into s
Foreign AffairsJuly 19, 2016
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German TV firm Metz to adopt LG Display’s OLED panels
[THE INVESTOR] LG Display has added a new customer for its organic light-emitting diode display -- German-based TV manufacturer Metz TV.Metz -- owned by Chinese TV maker Skyworth -- will reportedly become LG’s 10th client for OLED panels. The German firm recently said that it would roll out an ultra-high definition OLED TV in September 2016, supporting high-dynamic-range -- a video solution for improving brightness and contrast levels. LG Display’s OLED display. LG DisplayThe Korean display firm
TechnologyJuly 19, 2016