Gov't to maintain initial price ceilings for anti-graft law

The Korea Herald > Business

[DECODED] Enigma of Seo Jung-jin

What frustrated Celltrion founder Seo Jung-jin 16 years ago was the lack of ambition he saw in his younger coworkers at the now-defunct Daewoo Motors. A Chinese restaurant, they said, was the way to ...

Updated : 2016.08.29 17:43

Toxin fears ramp up consumer complaints in July: data

Widespread fear about toxic substances being found in drinking water has led to a spike in consumer complaints regarding water purifiers in July, according to data from the Korea Consumer Agency Monda...

Updated : 2016.08.29 17:08

[Contribution] Financial order established by tackling illegal practices

The Financial Supervisory Service recently announced that 77 scammers were arrested in collaboration with police. The scammers pocketed approximately 150 billion won ($133.6 million) by cheating indiv...

Updated : 2016.08.29 17:04

Exports of Hallyu-related consumer goods rise 15.2% in H1

Consumer goods related to Korean pop culture were a bright spot in this year’s exports so far, rising 15.2 percent in the first half of 2016, data showed Monday.According to a report from the Korea I...

Updated : 2016.08.29 17:03

Views mixed over house prices growth

Measures announced by the government last week to curb the country’s soaring household debt showed the dilemma policymakers face in handling the local housing market.The government plans to reduce th...

Updated : 2016.08.29 16:59

What to expect from Samsung, LG at IFA

South Korea’s two tech giants Samsung Electronics and LG Electronics are ready to show off their latest display and imaging technologies at the annual IFA technology show in Berlin at the beginning o...

Updated : 2016.08.29 16:54

KB Financial aids young people with disabilities

Participants of this year’s KB Hope Camp pose for photographs. (KB Financial Group)KB Financial Group continues to reach out to underprivileged youth through various annual programs. Some 120 young p...

Updated : 2016.08.29 16:37

Nexon to target global markets with localized marketing

Korea’s largest game maker Nexon is gearing up with marketing strategies tailored for locals to take on the international mobile game market, the company said Monday. According to the head of Nexon‘...

Updated : 2016.08.29 16:23

Eugene Tech expects upward momentum from 3-D NAND memory

This is the 20th in a series of articles analyzing major companies by market capitalization traded on the tech-heavy Kosdaq market. – Ed  As devices evolve quickly and consume more and more memory, ...

Updated : 2016.08.29 16:02

Corporate loans slightly increase in Q2

Loans extended by local lenders to businesses rose slightly at the end of June from three months earlier due to increased facility investments, central bank data showed Monday.Outstanding loans extend...

Updated : 2016.08.29 14:17

Korean food fair to promote exports

An international trade fair for South Korean food and agricultural products will take place later this week to help local firms go overseas and export their goods, the government said Monday.Some 290 ...

Updated : 2016.08.29 11:03

Vitamins, tonics top list of best-selling OTC drugs

Vitamins and tonics topped the list of best-selling over-the-counter drugs in South Korea in the first half of the year, data showed Monday, as people got more health-conscious.According to the first-...

Updated : 2016.08.29 10:56

Korea's income gap is smaller than OECD average

South Korea's wage gap between its high school and university graduates is smaller than the average of the Organization for Economic Cooperation and Development, data showed Monday.According to data c...

Updated : 2016.08.29 10:55

Listed firms improve debt ratio: data

South Korean companies listed on the nation's main bourse have marginally improved their financial health this year, data showed Monday.The average debt ratio of 626 firms listed on the Kospi market t...

Updated : 2016.08.29 10:54

Dongbu HiTek likely to rank 9th in global foundry market

South Korea's only foundry chipmaker Dongbu HiTek Co. appears likely to rank ninth in the global foundry market, a market research firm said Monday.Dongbu HiTek is expected to generate sales of $640 m...

Updated : 2016.08.29 10:53