Most Popular
-
1
Military aircraft evacuating S. Koreans in Lebanon returns home
-
2
Seoul Fireworks Festival ends smoothly, but leaves piles of trash
-
3
Yoon set for talks with Marcos in Philippines
-
4
[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
-
5
Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
-
6
2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
-
7
[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
-
8
Can Jennie break the K-pop solo artist slump?
-
9
Firefighters’ 3,000 won meals spark nutrition concerns
-
10
From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
-
Lotte sells Burger King Japan for W10b
South Korean retail giant Lotte Group said Monday it has sold its entire stake in Burger King Japan Holdings, nine years after it acquired the fast-food franchise. According to the Financial Supervisory Service, Lotte Group has sold its stake to Hong Kong-based private equity firm Affinity Equity Partners, the largest shareholder of Burger King Korea. While the exact price of the sell-off has not been revealed, industry sources said the deal could be worth around 10 billion won ($8.26 mill
Sept. 2, 2019
-
Half-Year Economic Outlook 2019 highlights trends affecting Korean-German trade
The Korean-German Chamber of Commerce and Industry held its Half-Year Economic Outlook 2019 in Seoul in cooperation with the Incheon Free Economic Zone, the chamber of commerce said. The first part of the event, held to look at trends affecting trade between the two countries, was led by two distinguished speakers. Peter Winkler, deputy head of mission and the head of the economic department at the German Embassy, highlighted the transitions affecting the two countries’ energy sectors as w
Sept. 1, 2019
-
[Feature] The line that divides professional gamers from game addicts
With gaming indulgence now identified as a diagnosable disorder by the World Health Organization, one question hangs in the sky blazing in neon lights: Are professional gamers game addicts? The short answer is no. The longer answer lies below. Gaming disorder, as defined by WHO, applies to those who have difficulty controlling their behavior, whose fixation on gaming undermines other critical aspects of life such as human connections and work. “Addiction is akin to social isolation. P
Sept. 1, 2019
-
SK Plasma to transfer blood fractionation technology to Indonesia
SK Plasma signed a memorandum with Indonesia’s state-run PT Bio Farma and the Red Cross Society on transferring technology for separating out blood components as part of its effort to expand its health care business, the company said Sunday.SK Plasma is a subsidiary of SK Chemical that focuses on plasma-derivatives, such as albumin, immunoglobulin, coagulation factor, antithrombin III and others. These derivatives are essential medicines for congenital immunodeficiency diseases, hemophilia
Sept. 1, 2019
-
[Herald Interview] Avellino Labs confident in 3-pronged strategy
US ophthalmologic gene diagnosis company Avellino Labs is preparing for its initial public offering on the Kosdaq, South Korea’s secondary bourse. It expects to be listed in the fourth quarter of this year at the earliest. Avellino Labs chief sales and marketing officer, Eric Bernabei, met with The Korea Herald for an interview in Gangnam, Seoul, on Thursday, during his four-day visit to the country for meetings with underwriters and officials at the Korea Exchange. Bernabei was joined by
Sept. 1, 2019
-
Removal of Japan from whitelist to take effect this month
South Korea is on track toward excluding Japan from its export control whitelist this month, in a tit-for-tat response to Tokyo’s earlier decision to remove Seoul from its list of preferred trading partners.According to the Industry Ministry on Sunday, the government is set to complete its public opinion-gathering process Tuesday, a necessary step before it can make a public announcement and implement the change to the nation’s export control system.On Aug. 12, the Industry Ministry
Sept. 1, 2019
-
Korea's exports down for 9th straight month on trade feud, chips
South Korea's exports plunged 13.6 percent in August from a year earlier, extending their on-year fall to a ninth consecutive month, data showed Sunday, due to the protracted trade row between the world's top two economies and a prolonged drop in chip pricesOutbound shipments came to $44.2 billion last month, compared with the $51 billion tallied a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy. The decline was also in part due to a base ef
Sept. 1, 2019
-
SKT T1 sets record with 8th LCK finals win
SKT T1 bagged its eighth LoL Championship Korea finals win on Saturday at the LCK Summer 2019 playoff at Korea University Hwajeong Gymnasium, beating Griffin 3-1 and setting record as the team with the most number of LCK champion title.Griffin became three-times consecutive runner-up, also a record, but with a bitter taste in mouth as it was the top ranking team in summer season's regular league. SKT T1, on the other hand, had been fourth ranking team but shot up to the finals through
Aug. 31, 2019
-
SK Innovation to sue LG Chem over EV battery patent infringement
A dispute between major South Korean battery manufacturers was taken up a notch Friday with SK Innovation revealing counter lawsuits against LG Chem in the US over alleged violation of patents for electric vehicle battery technology. The move comes four months after LG Chem filed a lawsuit with the Delaware District Court in April, accusing SK Innovation in the US of making batteries by using technologies leaked from former LG Chem employees who were hired by SK. SK Innovation said in
Aug. 30, 2019
-
[Video] Mobile orders and unmanned serving: Robot restaurant lands in Seoul
When you take your seat in this seemingly ordinary Italian restaurant in Seoul, no waiter comes to the table with a menu. Bustling servers carrying plates of food are also missing.Touted as the nation’s first robotized restaurant, Merry-Go-Kitchen opened its doors in southeastern Seoul last month in collaboration with South Korean food-delivery unicorn Woowa Brothers.At this establishment, placing an order for a meal starts by downloading the mobile application Baedal Minjok -- Baemin for
Aug. 30, 2019
-
Netflix users more than quadruple on-year in S. Korea: data
The number of South Korean users subscribing to the US video streaming platform Netflix Inc. has more than quadrupled to surpass the 1.8 million mark, industry data showed Friday.Netflix is estimated to have 1.86 million paid active streaming subscribers in the country as of July, compared with 420,000 users during the same period a year earlier, according to the data by Nielson Korea.Industry analysts said the increase came after LG Uplus Corp. began offering Netflix on its set-top boxes in Nov
Aug. 30, 2019
-
Hyundai Oilbank encourages employees’ personal development
South Korean petroleum and refinery company Hyundai Oilbank said Friday it has rolled out activities and perks for employees in response to increasing demand for better work-life balance. For example, one-day after-work workshops spanning from leathercraft to cooking to flower-related classes, which employees can participate in if they are interested. “The one-day class program was launched to help develop employees’ personal interests outside of work,” a representative o
Aug. 30, 2019
-
Japan OKs 1st shipment of hydrogen fluoride to S. Korea since export curbs
Japan has allowed the first shipment of hydrogen fluoride to South Korea since it tightened export controls in July, according to a government official.Hydrogen fluoride is one of three materials, used in the production of semiconductors and display panels, affected by Japan's export curbs against South Korea. Since the controls took effect, Japan has twice allowed the shipment of photoresist. The other material is fluorinated polyimide."We confirmed with the relevant industry today (Thursd
Aug. 30, 2019
-
Audi Volkswagen Korea to apply lemon laws for cars sold since Jan.
Audi Volkswagen Korea said Thursday it will retroactively apply lemon laws on its vehicles sold since January in a move to boost declining sales in Asia's fourth-biggest economy.The decision came as the German carmaker's four brands -- Audi, Volkswagen, Lamborghini and Bentley -- prepare to apply the laws for Korean customers Monday.The Korean lemon laws went into effect on Jan. 1, 2019, to enhance customers' convenience, though it is not obligatory for companies to follow them. Under lemon laws
Aug. 29, 2019
-
LG chief emphasizes competitiveness in materials
LG Chairman Koo Kwang-mo on Thursday stressed the importance of securing competitiveness in the development of new materials and components to ensure the group’s future growth, the company said. During a visit to LG Chem’s research and development unit in Daejeon, some 120 kilometers south of Seoul, Koo asked the company’s employees to jump into challenging R&D projects instead of focusing on mere short-term goals, to create “truly innovative value for customers.&rdqu
Aug. 29, 2019
-
[Advertorial] Hyundai E&C’s Hillstate Eco-Ansan Jungang Station go on sale
Hyundai Engineering & Construction said Thursday it will start offering newly constructed Hillstate Eco-Ansan Jungang Station for sale in September.Hillstate Eco-Ansan Jungang Station, located in Ansan, Gyeonggi Province, is a complex of three 23-story apartment blocks with a total of 702 units. Unit sizes range from 20 square meters to 57 square meters, Hyundai E&C said. According to Hyundai E&C, the complex offers many merits, including proximity to Jungang Station on Subway Line N
Aug. 29, 2019
-
[Photo News] Orion’s Kkobuk chip sold in Costco stores around US
An American shopper looks aty Orion’s corn soup-flavored snack Kkobuk Chip, marketed as Turtle Chips in the US, in a Costco store. The South Korean snack and confectionary company said sales of Kkobuk Chip will begin at Costco’s 20 main branches including the San Fransisco store, and expand distrubtion to other major retailers including Sam’s Club and Walmart. (khnews@heraldcorp.com)
Aug. 29, 2019
-
[News Focus] Gloom hangs over Samsung again
As South Korea’s top court on Thursday ordered a review of the second ruling on the bribery case involving Lee Jae-yong, Samsung Electronics is again put at risk of losing its de facto leader at a critical time for the tech giant to push forward with new investments in technologies and jobs, amid harsh global trade and market conditions. The Supreme Court dismissed the appeals court’s ruling that had cut Samsung heir Lee’s sentence from five years to 2 1/2 years and susp
Aug. 29, 2019
-
Indonesians seek injunction in Seoul to stop coal-fired plants
Indonesian residents filed a petition for a preliminary injunction to stop construction of coal-fired power plants, which are financed by Korean financial organizations and built and operated by Korean firms, according to Korean environmental civic group Solutions for Our Climate on Thursday. This is the first case where residents outside Korea brought a legal action in the Korean court over a coal-fired power plant site.On Thursday, the Indonesian plaintiffs -- three residents of Java Island --
Aug. 29, 2019
-
Seoul to spend 5 tln won for parts, materials industries amid trade row with Japan
South Korea plans to inject more than 5 trillion won (US$4.1 billion) into its support of the local parts and material industries by 2022 in a bid to tackle Japan's export curbs against the South, cut dependence on Japanese imports and boost localization, the industry ministry said Wednesday.The move is aimed at stabilizing supplies of parts, materials and equipment, and spurring their localization, as South Korea seeks to reduce heavy reliance on imports of Japanese materials.Under the scheme t
Aug. 28, 2019