Most Popular
-
1
[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
-
2
Middle East’s big AI push lures Korean tech firms
-
3
Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
-
4
[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
-
5
[Exclusive] Democratic Party of Korea forms US election task force
-
6
Man arrested 16 years after murdering girlfriend, hiding body in cement
-
7
[Grace Kao] NewJeans fights Hybe for their survival
-
8
NK nuclear test 'possible' around US election in Nov., says Yoon aide
-
9
[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
-
10
What will Yoon, Han talk about at dinner?
-
N. Korea keeps tight lid on human rights sanctions slapped on Kim Jong-un
North Korea is keeping tight control of news on the U.S. government's recent sanctions that it placed on leader Kim Jong-un for human rights abuses for fear the information could spread among its people.North Korea's state-run media has not made any report on Washington's sanctions on the leader since the North's official Korean Central News Agency reported Sunday that it has decided to close down its communication channel with the United States in protest of Washington's latest moves. North Kor
North KoreaJuly 13, 2016
-
K-beauty franchises expand presence in China, US
[THE INVESTOR] Innisfree, AmorePacific’s nature-oriented line, opened a store in Shanghai Disneyland, the company announced on July 13. This is the first cosmetics store in the Chinese Disney Town where more than 50 brands are vying for visitors’ attention. In line with the company’s spirit, Innisfree will offer a wide range of products based on Jejudo Island’s nature. Customers can take pictures in front of a huge installation piece made of recycled bottles or experience virtual flying over Jej
IndustryJuly 13, 2016
-
Hyundai's Solaris best selling car in Russia
The Hyundai Solaris compact passenger vehicle from Hyundai Motor Co. became the best selling car among all vehicles sold in Russia in the first half of the year, the automaker said Wednesday.According to the leading South Korean automaker, the Solaris had accumulated sales of 45,930 units in the January-June period, beating its long Russian rival the Lada Granta of Russian automaker AvtoVAZ, which sold 43,967 units over the cited period.The Solaris, marketed as the Accent elsewhere, was the seco
MobilityJuly 13, 2016
-
Korea calls for 'peaceful, creative' efforts to resolve South China Sea dispute
South Korea called Wednesday for "peaceful and creative diplomatic efforts" to resolve the South China Sea dispute following a landmark ruling that rejected China's claims to the key body of water.On Tuesday, the Permanent Court of Arbitration in The Hague ruled that China has no historical rights to the resource rich waters that are also claimed by the Philippines and other Southeast Asian nations. In a statement, Seoul's foreign ministry said South Korea has consistently maintained the view th
InternationalJuly 13, 2016
-
Korea Gas dollar bonds sell out
[THE INVESTOR] Korea Gas, the state-run gas supplier, announced on July 12 that its US dollar-denominated bonds were sold out. The company issued five-year bonds to raise US$ 500 million, and 10-year bonds to raise US$ 400 million. The five-year bonds were rated 0.9 percentage points higher than the rate on 5-year US Treasuries, and the 10-year bonds were rated 0.9 percentage points higher than US Treasuries with same maturity. By Choi He-suk (cheesuk@heraldcorp.com)
July 13, 2016
-
Service industry not yet delivering expected gains for conglomerates
Service businesses and employment form a big part of South Korea's leading conglomerates, but they are not delivering the profit and sales on par to their scale, analysis results showed Wednesday.The analysis by corporate tracker CEO Score compared the business performances and new employment of service-related affiliates of the 30 top conglomerates from 2010 to 2015. Results showed that in 2015, 66 percent of the conglomerates' subsidiaries were engaged in service-related business with 43 perce
IndustryJuly 13, 2016
-
THAAD 'inevitable' for national security: ruling party
South Korea's ruling Saenuri Party on Wednesday said the deployment of an advanced U.S. missile defense system is an "inevitable" choice to protect the country from North Korea's growing missile threats and urged the opposition parties to cooperate in supporting the move."The government made the inevitable choice for the country's survival and security," said Kim Hee-ok, the party's interim leader, requesting the support of the opposition parties and the general public on this matter.Last week,
DefenseJuly 13, 2016
-
Korean retailers' Q3 confidence drops
South Korean retailers' business sentiment will remain weak under the current quarter, a survey showed Wednesday, as many expect a continued slump for all related businesses except for e-commerce.The Korean Chamber of Commerce and Industry said its retail business survey index stood at 96 for the third quarter of the year, down from the 98 recorded a quarter earlier.It's based on a poll of 941 retail businesses in Seoul and six other major cities nationwide. A reading below 100 means that pessim
July 13, 2016
-
Korea, Iran agree to expand direct flights to 11 times a week
South Korea and Iran have agreed to expand their direct flights between Seoul and Tehran to 11 times a week to help bolster bilateral economic cooperation following the lifting of international sanctions against the Middle East country, the government said Wednesday.South Korea and Iran reached an aviation agreement in 1998 to allow South Korean airliners to run four flights of passenger and cargo planes.Earlier this year, the Seoul government resumed the Seoul-Tehran air route and gave a flight
IndustryJuly 13, 2016
-
Hidden angel mosaic at Bethlehem shrine sees the light
It was hidden for decades at the church on the site where Jesus Christ is believed to have been born until conservationists uncovered it -- an ancient mosaic of an angel.Since 2013, Italian restorationists have been working with the Palestinian government in a mammoth effort to restore the Church of the Nativity in Bethlehem in the occupied West Bank -- hailed by Christians as built on the site where Jesus was born.The roof and windows have been restored and mosaics that had become barely visibl
CultureJuly 13, 2016
-
Peugeot to recall subcompact convertible 207 in Korea
[THE INVESTOR] French automaker Peugeot is carrying out a recall on its subcompact convertible 207, according to the Ministry of Land, Infrastructure and Transport on July 13. Hanbul Motors, the importer of Peugeot, has been ordered to recall a total of 591 units after discovering that the failed heating system in the seats can potentially cause fire. Peugeot 207The automaker will recall 587 units of Peugeot 207CC manufactured from Feb. 12, 2007, to Oct. 23, 2008, and 4 units of Peugeot 207, fro
MobilityJuly 13, 2016