Most Popular
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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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S. Korea not to attend Sado mine memorial: foreign ministry
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First snow to fall in Seoul on Wednesday
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Man convicted after binge eating to avoid military service
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Wealthy parents ditch Korean passports to get kids into international school
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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[Weekender] Korea's traditional sauce culture gains global recognition
![[Weekender] Korea's traditional sauce culture gains global recognition](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
![[Weekender] Korea's traditional sauce culture gains global recognition](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050153_0.jpg&u=20241123224317)
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Korea has highest rate of antibiotic usage
(MCT)An OECD report rates South Korea highest in antibiotic usage, a troubling sign for those concerned about antibiotic-resistant diseases. OECD Health Data 2010 Report said that Korea’s antibiotic use is 31.4 DDD (defined daily dose), the highest among all nations surveyed. Netherlands has the lowest usage of antibiotics at 12.9 DDD. The report was presented at an international symposium Wednesd
TechnologyApril 7, 2011
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Samsung's Q1 profit falls on weak TV, tablet demand
Samsung Electronics Co., the world's largest maker of memory chips, liquid crystal display (LCD) panels and TVs, estimated Thursday that its first-quarter operating profit fell 34.2 percent from a year earlier as weak demand hurt its LCD and tablet businesses. Samsung estimated its operating income for the January-March period at 2.9 trillion won (US$2.67 billion), compared with 4.41 trillio
TechnologyApril 7, 2011
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Most people’s job switches down to salary: study
(MCT)While people move from one company to another for many different reasons, a recent study showed that the biggest factor is salary.In a survey by Korea-based recruitment portal Saramin, about 41.5 percent of respondents who had changed jobs said salary was the main reason. About 2,057 people participated in the research, with 65.8 percent of respondents having experience of moving in their car
April 7, 2011
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S. Korea regains status as top winner of new ship orders in Q1
South Korea recaptured its status as the world's leading shipbuilding nation in terms of new orders in the first quarter by beating China by a wide margin, industry data showed Thursday. According to data compiled by London-based market researcher Clarkson Research Services, South Korean shipbuilders won a combined 3.29 million compensated gross tons (CGTs) in new orders in the January-March pe
April 7, 2011
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Samsung puts Q1 operating profit at 2.9 tln won
Samsung Electronics Co., the world's top maker of memory chips, liquid crystal display (LCD) panels and TVs, estimated Thursday it had posted an operating profit of 2.9 trillion won (US$2.67 billion) for the January-March period. The preliminary estimate represents a 34.2 percent drop from an operating profit of 4.41 trillion won a year ago, Samsung said in a regulatory filing. It is also th
IndustryApril 7, 2011
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LG Chem plant boosts global leadership
CEO says company will seek to supply electric-car batteries to Japanese firmsOCHANG, North Chungcheong Province ― LG Chem, the nation’s largest chemical company, sees South Korea having a global edge as a supplier of lithium batteries for electric vehicles, including in markets such as Japan. Renewing the firm’s pledge to join hands with international carmakers to lead the world’s battery industry
IndustryApril 7, 2011
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Shinhan CEO targets Asian top 10
Shinhan CEO targets Asian top 10By Kim Yon-seShinhan Bank president & CEO Suh Jin-won pledged Wednesday to achieve the goal of making the lender one of the top 10 commercial banks in Asia and No. 1 in Korea within four years.Suh, who took office 100 days ago, unveiled the bank’s mid- and long-term targets during his meeting with reporters in downtown Seoul.“I will take the role of initiating chang
April 7, 2011
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Shinhan Bank CEO targets place in Asia’s top 10 lenders
Shinhan Bank president & CEO Suh Jin-won pledged Wednesday to achieve the goal of making the lender one of the top 10 commercial banks in Asia and No. 1 in Korea within four years.Suh, who took office 100 days ago, unveiled the bank’s mid- and long-term targets during his meeting with reporters in downtown Seoul.“I will take the role of initiating changes under the goal of pulling up our bank to t
April 7, 2011
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Plan to lower telecom rates to be announced in May: KCC chief
A plan to lower telecommunication-related rates will be announced in May that can help stem hikes in consumer prices, the head of the country's communications regulator said Wednesday.Choi See-joong, chairman of the Korea Communications Commission, told reporters that the taskforce made up of the finance ministry and other related agencies are in the process of formulating a master plan.The taskfo
IndustryApril 6, 2011
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Seoul to launch online oil market
Measure seeks price transparency; P.M. says will consider cutting taxThe government on Wednesday said it will launch an online market for oil products and boost competition among suppliers in a package of measures to lower fuel prices. The proposal submitted by a pan-governmental task force also said that the government will consider cutting fuel taxes in the long-term if price hikes continue to w
April 6, 2011
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Korea to invest 54.3b won in smart TV development
The government said Wednesday that it plans to inject 54.3 billion won ($49.8 million) this year to help local companies maintain their lead in the global smart TV market.The joint plan announced by the ministries of knowledge economy and culture, and the Korea and Communications Commission calls for concerted efforts to build up smart TV-related contents and the establishment of a viable Internet
April 6, 2011
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LG, SkyLife tie up to conquer 3-D
LG Electronics and KT SkyLife announced a tie-up involving 3-D content on Wednesday, declaring the two will commercialize the service by the first half of next year.LG Electronics, the world’s second-biggest flat-screen television maker, said that it would feature 3-D content developed by the digital satellite broadcaster on the company’s 3-D TVs.As an initial step, the electronics manufacturer wi
IndustryApril 6, 2011
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Samsung, LG dive into Chinese electronics market
The country’s two major electronics manufacturers said Wednesday they will aggressively target the Chinese market this week by introducing this year’s new line-up of 3-D televisions and wireless gadgets at an expo in Shanghai.Samsung Electronics and LG Electronics both showcased a variety of gadgets ― focusing on high-end smart TVs and smartphones ― in separate events in China.This is a move taken
IndustryApril 6, 2011
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ADB sees strong growth for Asia
Asian economic growth will ease slightly to just under 8 percent for the next two years as the region continues a solid recovery, the Asian Development Bank said Wednesday, although rising food prices threatened to throw more people into poverty.Korea’s economy will grow 4.6 percent this year on the back of recovering domestic demand and export conditions, it predicted.The Manila-based lender said
April 6, 2011
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Spain to share oceanography experience at Expo
Spain, is to introduce its latest ambitious marine science project at the 2012 Expo in Yeosu, the country’s representatives said Wednesday.The European country will comprise the main exhibition in Yeosu with the results of its national research project named Malaspina Expedition 2010, Commissioner of Spain Cecilia Pereira said. The nine-month expedition, which is to be completed in July, assesses
IndustryApril 6, 2011
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[Herald interview] Yeosu Expo to highlight climate
BIE chief says 2012 expo addresses timely issues, full of ideasThe 2012 Expo in Yeosu will bring oceans and climate change to the center of international attention, Vicente Gonzalez Loscertales, secretary general of Bureau International des Expositions said Wednesday.Loscertales had high hopes for the upcoming expo in Korea’s southwestern coastal city, he said, despite its smaller size than the mo
IndustryApril 6, 2011
![[Herald interview] Yeosu Expo to highlight climate](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/06/20110406000764_0.jpg&u=20110406200037)
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HHI wins wind power generator contract
Hyundai Heavy Industries Co. announced Wednesday that it signed a contract to supply eight wind-power generators to a Finnish power company.According to Hyundai Heavy, this is the first time a Korean company has been contracted to supply wind-power generating equipment to a European country. Under the contract, Hyundai Heavy will deliver eight 2-megawatt wind-power generators to Finnish Power to b
IndustryApril 6, 2011
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LSIS shows wares at German expo
LSIS, a local electric equipment manufacturer, is taking part in the Hannover Messe exhibition as it gears up to expand its global operations, the company said Wednesday.The company said that its exhibits at the show, which is held in Hannover, Germany until Friday, includes power control and automation products, and green business solutions such as electric car chargers, and solar energy solution
IndustryApril 6, 2011
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[Meet the CEO] Korea Investment seeks hedge fund edge
CEO Ryu says brokerage will lead market on its strength in wealth management, risk controlKorea Investment & Securities is enhancing its private equity operations as the nation’s major brokerage seeks to get ahead in the burgeoning domestic hedge fund industry.Chief executive officer Ryu Sang-ho said the company will launch a hedge fund-style investment vehicle this month to bet local stocks and f
April 6, 2011
![[Meet the CEO] Korea Investment seeks hedge fund edge](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/06/20110406000795_0.jpg&u=20110406195905)
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Hyundai Mobis focuses on technology, environment, human values
Latest products from Korea’s top auto parts maker turn heads at Seoul Motor ShowHyundai Mobis Co., South Korea’s largest automobile parts manufacturer, is grabbing the limelight at the Seoul Motor Show with its latest products emphasizing environmental and human values as well as technological edge. The event is underway at the KINTEX exhibition center in Goyang, Gyeonggi Province on the largest s
MobilityApril 6, 2011
![[Herald interview] Yeosu Expo to highlight climate](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/06/20110406000764_0.jpg&u=20110406200037)
![[Meet the CEO] Korea Investment seeks hedge fund edge](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2011/04/06/20110406000795_0.jpg&u=20110406195905)
