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The Korea Herald > Business

Anti-dumping actions against Korean goods increase

The number of anti-dumping measures taken against South Korean goods has increased this year, with half of such measures targeting steel and petrochemical products, data showed Wednesday. A total of 132 anti-dumping measures have been imposed on South Korean-made goods in the first 11 mont...

Updated : 2016.12.07 17:05

Malibu, SM6, K7 named safest car of the year

GM Korea’s Chevrolet Malibu, Renault Samsung’s SM6 and K7 from Kia Motors were named the 2016 safest car of the year during a ceremony held by Korea’s transportation ministry Tuesday. The Ministry ...

Updated : 2016.12.07 16:39

‘NPS, Samsung discussed approval of merger in advance’

Behind-the-scenes talks between Samsung Group and the National Pension Service must have occurred to push through the controversial merger between Samsung C&T and Cheil Industries in July 2015, legal ...

Updated : 2016.12.07 16:19

Mercedes-Benz becomes first foreign brand to sell over 50,000

Premium carmaker Mercedes-Benz became the first foreign carmaker to sell more than 50,000 cars within a year in South Korea, industry data showed on Wednesday. The Korean unit of German carmaker Merce...

Updated : 2016.12.07 16:03

Samsung to review ways to disband future strategy office

Following Samsung Electronics Vice Chairman Lee Jae-yong’s remarks to abolish the group’s future strategy office during a parliamentary hearing on Tuesday, industry watchers projected Wednesday that...

Updated : 2016.12.07 16:01

US court sides with Samsung over patent battle with Apple

The US Supreme Court sided with Samsung Electronics in a patent dispute with Apple, sending back the ruling that the Korean tech giant pay $399 million for infringing on Apple’s iPhone design patent....

Updated : 2016.12.07 15:57

Money transfer app ‘Toss’ wins 2016 Google Play App Awards

Toss, a simplified mobile money transfer app developed by South Korean fintech startup Viva Republica, won the top prize at this year’s Google Play App Awards for the Korean market. Every year, Goog...

Updated : 2016.12.07 15:57

Flagging Korean economy to face tumultuous week

Already reeling from sluggish exports and anemic domestic demand, the Korean economy is set to face several big political and external events over the next seven days.This Friday, the National Assembl...

Updated : 2016.12.07 15:49

The Shilla Duty Free sweeps customer satisfaction indices

The Shilla Duty Free, operated by Hotel Shilla, was ranked first in the duty-free division in two major customer satisfaction indices this year, according to the company Wednesday.The duty-free operat...

Updated : 2016.12.07 15:44

Hanmi shares hit as US drug trial recruitment halted

Shares of Hanmi Pharmaceutical plunged 10.76 percent to close at 311,000 won ($266.30) Wednesday, following news its partner Janssen had stopped recruiting participants for the clinical trials of a ne...

Updated : 2016.12.07 15:43

Investors focus on outcome of impeachment vote

With a parliamentary vote to impeach President Park Geun-hye two days away, the glare of investor attention is focused on its outcome with a rejection more likely to increase stock market volatility than a passage, analysts said Wednesday.Opposition parties and some ruling party lawmakers ...

Updated : 2016.12.07 11:02

US Supreme Court rules in favor of Samsung in smartphone patent suit

The US Supreme Court ruled Tuesday that Samsung may not have to disgorge all profits from smartphone sales even if some designs of the phones were copied from Apple's iPhone, officials said.The decisi...

Updated : 2016.12.07 10:01

Fate of Samsung’s future strategy office nears end

Samsung Group’s future strategy office, which its de facto chief Lee Jae-yong vowed to abolish during a parliamentary hearing Tuesday, has long been the tech giant’s key organ in charge of acquisiti...

Updated : 2016.12.06 21:13

Hearing fails to deliver, only scars corporate image

The parliamentary hearing Tuesday to question nine business moguls involved in a political scandal failed to reveal new facts, leaving only scars on the companies’ reputations, industry watchers said...

Updated : 2016.12.06 20:06

Lee Jae-yong put at center in largest hearing on chaebol 

The nation was glued to television broadcasts Tuesday as the country’s top chaebol owners sat in front of lawmakers at the National Assembly to face questions over allegations they made secret deals ...

Updated : 2016.12.06 20:01