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The Korea Herald > Business

Shinhan Financial chief eyes M&As overseas

Cho Yong-byoung, chairman of Shinhan Financial Group, said Monday that he would eye M&A opportunities in Asia and the US market as part of the group’s growth strategy to become a leading financial in...

Updated : 2017.03.27 18:07

Transparency key to success to reforming big biz lobby group

Transparency will be the key goal sought by South Korea's troubled business lobby group to restore public confidence after its involvement in a massive corruption scandal that has engulfed the country...

Updated : 2017.03.27 17:54

[News Focus] Will Samsung’s Bixby make good?

Analysts have mixed views about Samsung Electronics’ ambitious artificial intelligence assistant Bixby, ahead of the company’s flagship smartphone Galaxy S8 debut this week. Bixby is Samsung’s new ...

Updated : 2017.03.27 17:53

KDB's Daddy-Long-Legs campaign continues

Korea Development Bank, South Korea’s policy bank, has made its eighth donation aimed at helping underprivileged students with their education, the bank said Monday. The bank donated 10 million won (...

Updated : 2017.03.27 17:50

Hyundai E&C eyes further expansion overseas

Korean builder Hyundai Engineering and Construction will focus on expanding and diversifying overseas businesses to maintain financial stability, the company said Monday. By focusing on foreign market...

Updated : 2017.03.27 17:48

Combating money laundering is a must, not an option

Combating money laundering is a must, not an optionBy Koo Kyeong-mo, deputy governor of the Financial Supervisory ServiceIn 1920s, Al Capone, a notorious American gangster, made money illegally by gam...

Updated : 2017.03.27 17:35

Kia to launch new Stinger in May

The new Kia Stinger sports sedan (Yonhap)Kia Motors’ new high-performance sports vehicle Stinger is expected to be launched in Korea this May, according to industry insiders Monday.  Following its w...

Updated : 2017.03.27 17:30

SsangYong announces Y400 SUV to be named G4 Rexton

Exterior view of the new SsangYong G4 Rexton SUV, formerly known as the Y400 (SsangYong Motor)SsangYong Motor announced on Monday that the name of its upcoming premium SUV, which was previously referr...

Updated : 2017.03.27 17:19

Rising exports to China portend greater risks

Despite China’s retaliatory moves against Seoul’s hosting of a US missile defense system, South Korea has seen its exports to the world’s No. 2 economy increasing in recent months.The country’s sh...

Updated : 2017.03.27 17:16

[Monitor] Korea’s Engel coefficient hits record low

South Korea’s monthly average household spending on food and non-alcoholic beverage items reached 349,000 won last year, with the Engel coefficient against the total spending coming at 13.7 percent, ...

Updated : 2017.03.27 17:09

NCSoft signs ‘Lineage M’ publishing deal with Taiwan’s Gamania

South Korean game company NCSoft said Monday that it has signed a publishing deal with Taiwanese game company Gamania Digital Entertainment Co. for “Lineage M,” a mobile rendition of NCSoft’s hit o...

Updated : 2017.03.27 16:59

LG Electronics opens premium shop in Qatar

PREMIUM LG -- Customers check out home appliances at an LG Electronics Premium Brand Shop which opened on Monday in the Mall of Qatar, the biggest shopping mall in the country. LG said it aims to soli...

Updated : 2017.03.27 16:57

Mobile carriers partner with builders to introduce AI, IoT home

Increasing numbers of partnerships are forming among South Korean mobile carriers and construction firms to build smart homes featuring artificial intelligence and Internet of Thing technologies. In t...

Updated : 2017.03.27 16:56

SKT CEO sets up control tower for AI business

South Korea’s largest mobile carrier SK Telecom announced Monday it has created a division for new artificial intelligence businesses to be masterminded by its CEO Park Jung-ho.The company said the n...

Updated : 2017.03.27 16:54

SPC readies launch of salad restaurant

Food group SPC said Monday that it is readying the launch of a new salad restaurant called Pig in the Garden, set to open April 3.The restaurant will be a fine casual salad restaurant mainly offering ...

Updated : 2017.03.27 16:21