Most Popular
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Yoon warns North Korea against nuclear attack attempt
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81-year-old model awarded ‘best dressed’ in Miss Universe Korea
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Seoul mayor suggests shift in immigration policy
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'Smart pill'? ADHD treatment prescriptions spike this year
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NewJeans fans corner Hybe amid PR backlash, looming National Assembly audit
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[KH Explains] Korea pursues ‘fire-free’ batteries amid EV fears
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Man calls 119, found dead 1 week later because officials went to wrong place
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Court rules Itaewon tragedy was 'foreseeable'
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[Herald Review] One of Netflix's most expensive Korean originals returns, but at what cost?
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Wellness Seoul 2024 to highlight healthier, balanced living
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Korean snacks make solid overseas inroads
Famous Korean snacks have captivated the taste buds of Asian consumers, making overseas sales more important for local confectionery companies grappling with slower growth on home turf, data showed Friday. Major Korean confectionery companies are increasingly setting their sights on a wider market after seeing robust growth in China and Southeast Asia over the past years. Orion Confectionery Co. is leading the latest trend with double-digit growth in sales of its potato chips, choco snacks and
IndustryDec. 18, 2015
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Police send labor union leader to prosecution for further probe
Police referred the leader of South Korea's second-largest umbrella labor union to the prosecution for further investigation over last month's violent rallies in downtown Seoul, police officials said Friday.Han Sang-gyun, the head of the Korean Confederation of Trade Unions, is accused of orchestrating a massive anti-government protest on Nov. 14 that led to a violent clash with the police.The labor union leader faces nine charges, including disruption of the execution of public duty and damage
Social AffairsDec. 18, 2015
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Beijing issues 2nd smog red alert
The Chinese capital city of Beijing issued its second-ever red alert for dangerous acrid smog as it urged citizens to stay indoors, China's state media reported Friday.The red alert, the most serious warning for air pollution, forecast that severe smog will blanket Beijing for three days starting Saturday morning. Beijing, notorious for its severe air pollution, issued its first-ever smog red alert earlier this month, closing schools and curbing production at factories. China regularly sees haza
Social AffairsDec. 18, 2015
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Samsung Engineering-led group wins $800 mn plant order
Samsung Engineering Co., the plant engineering unit of South Korea's top conglomerate Samsung Group, said Friday its consortium has a received a US$800 million order to build a petrochemical plant in the United States.Under the deal, Samsung Engineering will get $430 million for design and procurement, while its consortium partner Chicago Bridge & Iron Company will be in charge of the construction estimated at $370 million.The project, launched by the U.S. subsidiary of Lotte Chemical Co., invol
IndustryDec. 18, 2015
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Former KT&G chief arrested for alleged graft
The former head of South Korea's sole tobacco maker was arrested Friday on charges of receiving kickbacks from a company subcontractor.Min Young-jin, 57, who headed the KT&G Corp. from 2010 to 2015, was put behind bars after a Seoul court issued a warrant to detain him."The criminal charges have been ascertained, and there is enough reason and need to detain him," Judge Cho Yoon-hee said.Min allegedly received more than 100 million won ($85,830) in bribes from a subcontractor in exchange for bus
Social AffairsDec. 18, 2015
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Seoul shares start lower on extended slump in oil prices
South Korean stocks opened lower Friday, tracking overnight losses on Wall Street, as investors locked in profits amid lingering concerns over faltering oil prices.The benchmark Korea Composite Stock Price Index shed 13.8 points, or 0.7 percent, to 1,964.16 in the first 15 minutes of trading.Following three sessions of gains, the Dow Jones industrial average shed 1.5 percent on Thursday and the Nasdaq dropped 1.35 percent, after U.S. crude fell to the lowest level since February 2009.The selling
Dec. 18, 2015
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Galaxy S7 to focus on performance over design: sources
Samsung Electronics Co.'s new flagship smartphone, presumably the Galaxy S7, is set to be showcased at a tech exhibition slated for February, an industry source said Friday, with the device expected to put more emphasis on performance over design.The South Korean tech giant will reveal the new Galaxy at the Mobile World Congress 2016 in Barcelona, the source said, with the official release slated for March. Industry watchers said the Galaxy S7 will look similar to its predecessor, the Galaxy S6,
TechnologyDec. 18, 2015
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Asia Culture Center exhibits explore Asian identity
Asia's largest cultural center said Friday various exhibits are on display to explore what it means to be Asian.The Asia Culture Center opened last month in Gwangju, South Jeolla Province, in a project by the South Korean government to redefine this southwestern city as the "cultural center of Asia."Various archival studies done on Asian cultures have been put on display at Library Park, which opened in September, ACC said.Three exhibits are ongoing at this space, which combines the functions of
CultureDec. 18, 2015
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Hotel Lotte set to submit IPO application next week
South Korean retail giant Lotte Group's hotel unit is set to submit its application next week for listing on the Seoul bourse, pushing for a market debut as early as March, according to industry sources Friday. Hotel Lotte plans to submit the application to the Korea Exchange on Monday for a preliminary regulatory review of its initial public offering, after clearing uncertainties surrounding the conglomerate's management and other issues. The listing of Hotel Lotte is one of the reform pledges
IndustryDec. 18, 2015
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Korea's producer prices dip to new 6-year low in Nov.
Producer prices in South Korea slipped to a new six-year low last month although the rate of drop slowed from a month earlier, central bank data showed Friday.The producer price index came to 99.31 in November, down from a revised 99.65 in the previous month, according to the preliminary data from the Bank of Korea.The November figure marked a 0.3 percent cut from the previous month, decelerating from a 0.7 percent on-month drop in October when the index fell below the benchmark 100 for the firs
Dec. 18, 2015
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Korea, U.S. hold high-level talks on global disarmament, nonproliferation
South Korea and the United States held high-level talks on global disarmament and nonproliferation issues in Washington on Thursday, officials said.The two allies have held such talks annually since 2013 to strengthen cooperation on global issues.Thursday's meeting was led by Shin Dong-ik, South Korea's deputy foreign minister for multilateral and global affairs, and Rose Gottemoeller, U.S. under secretary of state for arms control and international security.Key topics included the North Korean
DefenseDec. 18, 2015
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Majority of suicides in Korea take place outside the home: study
The majority of suicides in South Korea take place outside the home, which is in stark contrast to other countries where people opt to die at home, an international study showed on Friday.The report, published in the latest issue of the journal Social Psychiatry and Psychiatric Epidemiology and based on data collected from eight countries, showed 70.1 percent of South Koreans took their own lives outside the home. In contrast, the study that examined official death certificates in 2008 revealed
Social AffairsDec. 18, 2015
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UN passes resolution calling for N.K. referral to ICC
The U.N. General Assembly on Thursday adopted a resolution denouncing North Korea’s woeful human rights situation and encouraging the U.N. Security Council to refer the case to the International Criminal Court.The resolution involving the ICC referral was endorsed for the second consecutive year, underscoring growing global concerns about what U.N. Human rights chief Zeid Ra‘ad al-Hussein recently decried as “gross” human rights violations.(Yonhap)A total of 119 countries voted for the resolutio
North KoreaDec. 18, 2015
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‘USFK conducted 16 covert anthrax tests since 2009’
The U.S. Forces Korea has conducted 16 rounds of clandestine experiments involving dead anthrax samples and one plague test since 2009, a joint investigation panel said Thursday, upending Washington’s previous claim that last May’s anthrax shipment marked its first-ever trial here. In late May, 22 U.S. servicemen were found to have possibly come into contact with the lethal bacteria sent to Osan Air Base in Gyeonggi Province from a military laboratory in Utah. Though the USFK said that none of t
Foreign AffairsDec. 17, 2015
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Coca-Cola releases Christmas specials
Coca-Cola Korea released its annual Santa Claus special edition, featuring Father Christmas’ image on the 250-milliliter glass bottle. The company also launched the Christmas Santa package, with four 190-milliliter bottled colas covered with an illustration of the Santa Claus holding up a cola bottle. The Santa Claus special edition is 2,000 won ($1.70) a bottle and the Christmas Santa package is 3,980 won. By Bae Ji-sook (baejisook@heraldcorp.com)
IndustryDec. 17, 2015
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Samsung C&T brands embark on Tmall Global
Samsung C&T’s fashion division said six of its brands have started sales at Tmall Global, the online retailer operated by Alibaba.com.The brands on display are 8 Seconds, Bean Poll Accessories, Kuho, Beaker, Juun.J and Ravenova, which are widely popular among Chinese consumers, but do not have a direct retail outlet there. Samsung will hold a brand day promotion at the Juhuansuan, another website managed by Alibaba, introducing more than 600 items there from Dec. 24-25. By Bae Ji-sook (baejisook
IndustryDec. 17, 2015
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WeMakePrice to hold beauty fair
E-commerce operator WeMakePrice will hold a beauty fair Saturday at the company’s headquarters in Samseong-dong, southern Seoul. The “family sale” event will feature cosmetics brand Agatha, Secret Age, Camiane and others sold at a bargain. Famous makeup artist Kim Seon-hee will hold a tutorial session while an auction event pricing luxury brand products from 100 won (8.5 cents) will be held to heat up the mood. All proceeds will go to IOM Migration Research and Training Center. For more informat
IndustryDec. 17, 2015
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French gelato brand Amorino arrives in Seoul
The French ice cream brand Amorino on Tuesday said it has officially regularized the operations of its first Korean shop in Garosu-gil in southern Seoul. This will also be the gelato maker’s first Asian store, and the 126th in 14 countries. Amorino is famous for its gelato served in the shape of a rose, alongside other desserts including macaroons, chocolates and cakes. “Korea is a perfect place to test the waters of the Asian dessert market,” said Amorino CEO Christiano Sereni. By Bae Ji-sook (
IndustryDec. 17, 2015
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Financial markets rally on Fed relief
U.S. Federal Reserve Chair Janet Yellen speaks at a press conference in Washington on Wendesday. YonhapSeoul officials heaved a sigh of relief Thursday, as a U.S. move to end the seven-year era of near-zero interest rates led to no major turmoil in global and local markets as some feared. On the contrary, financial markets rallied across Asia, as the U.S. Federal Reserve on Wednesday delivered just what markets had expected -- a small rise in interest rates and a clear signal of a slow tighteni
Dec. 17, 2015
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Bon Point collaborates with Adidas
The French premium children’s fashion brand Bon Point launched a collaborative project with Adidas, adding giddy colorfulness to the German sportswear maker’s signature sneaker models. The Stan Smith model was reborn with green, blue, yellow and other colorful stripes. The Super Star model comes in suede with blue and white, or blue and yellow stripes. “We hope the shoes will complement a family look,” a Bon Point spokesman said. The sneakers will be on sale at Bon Point stores across the countr
IndustryDec. 17, 2015