Ancient Egyptian beer making vessels discovered in Israel

The Korea Herald > Business

Regulator pumps additional 20 tln won into fixed-rate mortgages

South Korea's financial regulator said Sunday it will invest an additional 20 trillion won (US$18.07 billion) in long-term fixed-rate mortgage loans to meet the explosive demand for a new government-backed lending program meant to tackle the household debt problem.The move came as South Ko...

Updated : 2015.03.29 22:35

Hanwha Life’s youth volunteer program to mark 10 years

Hanwha Life will celebrate the 10th anniversary of its youth volunteer program “Happy Friends” in April, according to the insurance company.Happy Friends is a joint initiative run by Hanwha Life Ins...

Updated : 2015.03.29 21:49

Friends of K-culture

Foreign residents exchange views on Korean culture after watching “Ode to my Father” at a CGV movie theater in Yongsan, Seoul, Friday. The event is part of the cultural experience program for foreig...

Updated : 2015.03.29 21:45

Asiana in Pilien

Asiana in Pilien  Asiana Airlines employees smile with local Aeta children at Pilien Village in the Philippines. Employees from the airline visited the village over the weekend to do volunteer work a...

Updated : 2015.03.29 21:44

Public utilities set for rate hikes

Local governments are considering increasing the charges for services such as public transport and water supply, saying that central government price controls have aggravated their financial difficult...

Updated : 2015.03.29 18:54

Korea Eximbank tightens ties with Latin American development banks

In a bid to support the expansion of South Korean firms into the Latin American region, the Export-Import Bank of Korea signed a series of deals with leading regional development banks in Central and ...

Updated : 2015.03.29 18:27

LG Hausys bets on energy-efficient insulation panels

CHUNGJU, North Chungcheong Province ― Korean surfacing material manufacturer LG Hausys seeks to capitalize on the revival of the property market by expanding its sales of high-efficient phenolic foam...

Updated : 2015.03.29 18:27

Korean Air’s new plane boasts luxury suites

Korean Air Lines’ newest aircraft will offer passengers a luxury in-flight experience on medium-to-long distance flights beginning April 2, according to the flagship carrier.The new plane is an Airbu...

Updated : 2015.03.29 18:26

LG to crack down on fake G3 phones in China

LG Electronics, one of the leading smartphone-makers in the world, said Sunday it would crack down on counterfeiters, especially those copying its flagship premium smartphone G3 in China. According t...

Updated : 2015.03.29 18:25

Slush fund scandal may delay Dongkuk Steel’s Brazil project

The latest prosecution’s raid on Dongkuk Steel Mill and its investigation into the group owner are casting a cloud on the future of the nation’s faltering third-largest steelmaker, which had hoped f...

Updated : 2015.03.29 18:24

Seoul Motor Show set to grab car lovers’ attention

From flashy Ferraris to a futuristic SUV concept car by Ssangyong Motor, nearly everything car related will be on display at the 2015 Seoul Motor Show to be held April 3-12 at KINTEX in Ilsan, Gyeongg...

Updated : 2015.03.29 18:20

Revamped Genesis goes extra mile with technology

The 2015 all-new Genesis, Hyundai Motor’s premium sedan brand, has strengthened its footing in the global luxury car league, armed with upgraded technology. The popularity of the revamped Genesis has...

Updated : 2015.03.29 18:16

LG vows to deal sternly with Chinese G3 knock-offs

South Korea's No. 2 tech giant, LG Electronics Inc., said Sunday it will take "strong" action against sales of counterfeit G3 smartphones in China by joining forces with Beijing authorities.  LG said the move came as a number of smartphone retailers in China are selling the fake G3 smart...

Updated : 2015.03.29 11:15

Sales at discount outlets, departments stores rise in Feb.

Sales at discount outlets and major department stores grew from a year earlier in February, ending their five-month streak of on-year drop, the government said Sunday.  The combined sales of the country's three major discount outlet chains spiked 24.5 percent on-year in February, accordi...

Updated : 2015.03.29 11:13

S. Korea's agricultural GDP 22nd worldwide in 2012

South Korea's gross domestic product in the agricultural sector ranked 22nd in the world in 2012, down four notches from 2009, data showed Sunday, apparently weakened by free trade agreements.  According to the data compiled by the Korea Rural Economic Institute, the country's GDP in the...

Updated : 2015.03.29 11:10