Most Popular
-
1
Jung's paternity reveal exposes where Korea stands on extramarital babies
-
2
Samsung entangled in legal risks amid calls for drastic reform
-
3
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
4
Seoul blanketed by heaviest Nov. snow, with more expected
-
5
[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
![[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050017_0.jpg&u=20241126161719)
-
6
Samsung shakes up management, commits to reviving chip business
-
7
K-pop fandoms wield growing influence over industry decisions
-
8
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
9
Korea's auto industry braces for Trump’s massive tariffs in Mexico
-
10
Seoul's first snowfall could hit hard, warns weather agency
![[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050017_0.jpg&u=20241126161719)
-
EU Gateway Program in Korea 2012 opens in Seoul
A group of European companies will hold one-on-one business meetings with potential Korean clients at the InterContinental Seoul COEX on Tuesday and Wednesday, organizers said.Called the “EU Gateway Program in Korea,” the project promotes business relations between small and medium sized enterprises, or SMEs, from European Union member countries and Korean companies. The program is now in its fourth year. This year’s agenda focuses on environment and energy-related technologies, and health care
June 11, 2012
-
‘Policy creation key to helping startups grow’
A U.S. senior researcher said Monday that young entrepreneurial communities are the driving force behind net new job growth, and world governments should focus on creating start up-friendly policies in the future. Speaking on the sidelines of the APEC Start-up Conference 2012, which opened at the COEX center in southern Seoul on Monday, senior fellow for the Kauffman Foundation Jonathan Ortmans stressed the importance of governments taking a more collaborative role in helping these new and young
June 11, 2012
-
Air France-KLM sees Asia as source of growth
Understanding local audience key to growth in Korean market, executive in Seoul saysDespite the eurozone fiscal crisis, European airliners are continuing their expansion into the Asia-Pacific region, where it is still seeing some growth. China was the second largest airline market in the world last year, with an estimated 300 million travelers and revenues of approximately $57.6 billion, according to the International Air Transport Association. So it makes sense that Air France-KLM is looking to
June 11, 2012
-
AustCham Korea to hold rugby viewing party
The Australian Chamber of Commerce in Korea, or AustCham, will hold a rugby viewing party on Wednesday.It will take place at Itaewon’s 3 Alley Pub. Visitors will be able to watch the second game in the “State of Origin” series, or an annual best-of-three series between two of Australia’s rugby rivals, the Blues and the Maroons.Guests can also enjoy drinks and free food, and take part in sweepstakes. There will also be other chances to win prizes.For more information, please visit www.austchamkor
June 11, 2012
-
Linked Seoul organizes rooftop BBQ party
The networking organization Linked Seoul is offering its second annual summer rooftop barbecue party this month.On Friday, members can network and mingle with other business professionals at the Fraser Place in Uijuro, dowtown Seoul. A barbecue buffet as well as unlimited beer and wine will be offered. The event is members-only, but basic membership is free. To sign up, please visit www.linkedseoul.org.
June 11, 2012
-
POSCO launches panel for Park T.J. commemoration
POSCO said on Sunday that it has organized a committee to implement a series of commemorative works for its founder Park Tae-joon. The committee consists of 20 prominent figures including POSCO CEO Chung Joon-yang, chairwoman Lee Bae-yong of the Presidential Council on National Branding and Pohang-born author Lee Dae-hwan. The panel plans to convene a quarterly meeting to direct the commemoration-related works from 2013, after the organization changes its official title to “The POSCO Cheongam F
June 11, 2012
-
Use body weight to fend off attacker
The history of the human race depended on basic survival instincts of protecting oneself from animal or enemy attack.We live in a modern world where society has evolved to have well-defined laws, proprieties, standards, and other things to protect us.But this doesn’t mean that we live in a safe and comfortable world without strangers or enemies. We never know what lurks around the corner.This column is meant for those who would like to know the basics on self-defense and be prepared to protect y
TechnologyJune 11, 2012
-
Producer price growth slows in May
South Korea’s producer price growth decelerated in May mainly due to a slowdown in the global economy, the central bank said Monday.The producer price index, a barometer of future consumer inflation, rose 1.9 percent on-year to 124.6 last month, compared with a 2.4 percent increase in April, according to the Bank of Korea. Compared to the month before, prices fell 0.6 percent, the sharpest on-month contraction since 0.8 percent minus growth reported for October 2009.The slower on-year gain last
June 11, 2012
-
Korea’s economy improves amid uncertainties: think tank
South Korea’s economy has pulled off modest gains in recent months but eurozone woes and other overseas developments are fueling uncertainties that can hurt future growth, a state-run think tank said Monday.In its monthly economic assessment report, the Korea Development Institute said that industrial and service sector outputs, private consumption, business investment and labor market conditions all improved in April compared to the previous month. The trade surplus of Asia’s fourth-largest eco
June 11, 2012
-
Woman found making meth in Walmart store
A Missouri woman was caught making meth in her purse inside of a Walmart store, police said.The woman and a man were pulled aside by store security who discovered that the woman was making methamphetamine in her purse, KMOX-TV, St. Louis, reported.The store was evacuated out of fear for customers' safety.St. Louis County Police Lt. Mark Cox said if the meth concoction leaked or spilled, fumes coul
IndustryJune 11, 2012
-
Likelihood of death rises with ‘birthday blues’: study
For those over 60 years old, birthdays could be a stressful event that raises the likelihood of death from heart attacks, strokes, falls, suicides and even cancer, the Daily Mail reported on Sunday.According to a study conducted by researchers from Switzerland, those over age 60 are 14 percent more likely to die on their birthdays.On the special day, scientists found heart attacks rose more than eighteen percent while the stoke levels increased by 21.5 percent.“One interesting finding is that mo
TechnologyJune 11, 2012
-
Doctor tries oriental medicine to treat hair loss
When 41-year-old Ryu Yeong-ho realized that her seborrheic dermatitis was not getting any better, she decided to seek an alternative route. Her condition, a debilitating scalp condition that can ultimately lead to permanent hair loss among other complications, has recently affected an increasing number of individuals. For Ryu, the diagnosis had been the same: all the dermatologists she visited had prescribed similar shampoos and ointments to stave off the symptoms and told her it was incurable.D
TechnologyJune 10, 2012
-
Eurozone crisis pummels Korean brokerages
South Korea’s securities brokerage industry has been a big underperformer for the past year, buffeted by the resurfacing of the European debt crisis and other negative factors, data showed Sunday.The return on the brokerage sector’s subindex stood at minus 30.6 percent during the past year, the third-worst record after minus 32.6 percent for medical and precision machines and minus 31.9 percent for chemicals, according to the data by the Korea Exchange, the local bourse operator.In addition, the
June 10, 2012
-
Korea, U.S. conclude preliminary FTA talks
South Korea and the United States concluded two days of preliminary talks in Washington aimed at fueling trade following the implementation of the bilateral free trade pact, the foreign ministry said Saturday.Seoul and Washington established the minister-level Joint Committee and 19 subcommittees and working groups to oversee the implementation of the landmark free trade agreement that went into force on March 15.During the two days of talks, committees on trade in goods, trade remedy, service a
June 10, 2012
-
Korea seeks to nationalize rail stations
The government split up the rail sector’s management of infrastructure and transport services in 2005, judging that a single national railway firm would not be able to meet the demand for better products. Under the reform, the Transportation Ministry put about 80 percent of Korea’s railway stations under the ownership of state-run Korea Railroad Corp., which also operates railway services, as a form of investment-in-kind.About seven years on, the ministry is seeking to retrieve that ownership, s
IndustryJune 10, 2012
-
More discount stores close on Sunday
The largest-ever number of Korean discount mega-retailers and mid-sized grocery chains shut their doors on Sunday as part of the nation’s new policy to help small, individually owned marts.Over 70 percent of such large marts throughout the nation took forced days off on the second Sunday of June. A total of 98 out of 143 E-Mart stores nationwide, 104 out of 129 Home Plus stores and 304 of 430 Lotte Marts were closed. For the three leading discount chains, about 72.5 percent of their stores natio
IndustryJune 10, 2012
-
Imported whisky prices rise despite EU FTA
Antitrust regulator considers probe into alleged price-fixingRetail prices of imported whisky from Europe have not dropped but climbed in the local market despite the Korea-EU Free Trade Agreement which took effect in July 1, 2011, according to the antitrust regulator.The Fair Trade Commission said Sunday that import prices of European-made whisky products rose by 1.41 percent during the first quarter of 2012, compared to the same period last year.Among the products whose import prices surpassed
IndustryJune 10, 2012
-
FSS tries to smooth over chief’s blunder
Contrasting remarks by two top financial authorities stir controversyThe Financial Supervisory Service began making excuses for remarks by its chief last week that revealed an economic outlook contrary to that of another financial authority and hinted at discord between the two. FSS Gov. Kwon Hyouk-se said in a radio interview Thursday that the world economy would not head toward a situation as bad as the global financial crisis in 2008. “Unlike in 2008, the global economy is in a recovery phase
June 10, 2012
-
Card firms’ delinquency rate rises in first quarter
South Korean credit card companies saw their default rates increase in the first quarter from three months earlier amid falling earnings, the financial regulator said Sunday.The average delinquency rate of seven credit card companies reached 2.09 percent as of the end of March, up 0.18 percentage point from the end of last year, according to the Financial Supervisory Service.The watchdog said the rate rose due to an increase in fresh defaults, which was related to clear signs of the country’s ec
IndustryJune 10, 2012
-
Seoul stocks may be exposed to volatility ahead of Greek bailout
South Korean stocks will likely be exposed to volatility ahead of crucial Greek parliamentary elections that will determine the future of the eurozone, local analysts said Saturday.The country’s key stock index, the KOSPI, closed at 1,835.64 points on Friday, up just 0.06 percent or 1.13 points from a week earlier.The weak gains came as the local bourse lost ground in the face of persistent debt and financial sector problems in the European Union and disappointments caused by the U.S. Federal Re
June 10, 2012
