The Korea Herald

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[On the Bar] Recent changes in accounting and audit practices in Korea

On the Bar is a regular column written by attorneys at Yoon & Yang LLC on various laws and regulations that affect running a business in Korea. The content provided here is general legal information....

Nov 18, 2018
Industry
Conglomerates' spending on business assets jumps 10.9%

Affiliates and subsidiaries of South Korea’s top 30 conglomerates spent a combined 64.9 trillion won ($57.3 billion) on acquiring business assets, such as facilities and projects for research and dev...

Nov 18, 2018
Industry
Seoul stocks end higher on eased trade woes

South Korean stocks ended higher for the second consecutive session on Friday as investor sentiment recovered on hopes of eased US-China trade friction. The South Korean currency rose against the US ...

Nov 16, 2018
Economy
[Newsmaker] Police refer venture firm head accused of porn distribution to prosecution

Police on Friday referred to the prosecution a venture company chief accused of abetting online circulation of obscene videos and cruelly assaulting company employees. Gyeonggi Nambu Provincial Poli...

Nov 16, 2018
Industry
Number of multiple home owners jumps 140,000 in a year

The number of people who own two or more houses has increased by 140,000 in a year, with the number of those owning five or more houses surpassing 110,000, data by Statistics Korea showed Friday. Me...

Nov 16, 2018
Industry
Naver sets ‘green dot’ as center of new mobile design

South Korean internet giant Naver said Friday that it would use a new “green dot” interactive search button as the core of its new design direction for its mobile site, aiming to bring smarter and mo...

Nov 16, 2018
Technology
First ‘Fortnite’ esports competition in Korea to take place next month

The inaugural esports competition for the globally popular survival shooting game “Fortnite Battle Royale” will take place in South Korea next month, bringing a new addition to the country’s active c...

Nov 16, 2018
Technology
Paris Baguette sells record No. of ‘Silky Roll Cake’

South Korean bakery chain Paris Baguette, operated by SPC, said Friday it sold 2,255,000 loaves of its Silky Roll Cake from October last year to September this year. This translates into 4.3 roll ca...

Nov 16, 2018
Industry
Hyundai Motor showcases Santa Fe SUV with fingerprint access in China

Hyundai Motor Co., South Korea's biggest carmaker by sales, on Friday showcased an upgraded version of the Santa Fe sport utility vehicle in China as it is struggling to increase its sales in the wor...

Nov 16, 2018
Automode
Home ownership rate in Korea stands at 55.9% in 2017

The home ownership rate in South Korea came to 55.9 percent in 2017, 0.4 percentage point up from a year earlier, government data showed Friday. The data released by Statistics Korea said 11 million...

Nov 16, 2018
Economy
Oil funds lose big on plunging crude prices

South Korea's three oil commodity exchange traded funds have chalked up abysmal returns over the past month due to tumbling crude prices, a fund evaluator said Friday. The oil-focused funds, which a...

Nov 16, 2018
Economy
FKI vice head urges WTO to address nontariff barriers

The World Trade Organization should tackle escalating nontariff barriers to stem the spread of protectionism and nationalism, the deputy head of South Korea's top business lobby said Friday. Kwon Ta...

Nov 16, 2018
Industry
Market remains split over Samsung BioLogics’ trading suspension

The stock trading suspension of Samsung BioLogics starting Thursday seemed to wrap up a chapter in the yearslong brawl over alleged accounting fraud, apparently with the defeat of the biotech company...

Nov 15, 2018
Industry
Samsung hosts first AI forum in Beijing

In an effort to expand its presence in the Chinese market, Samsung Electronics hosted its first forum on artificial intelligence in Beijing on Thursday, presenting its newest technology solutions to ...

Nov 15, 2018
Technology
Bodyfriend’s Lamborghini massage chair wins CES award

South Korean health care group Bodyfriend’s Lamborghini-themed massage chair won an innovation award at the International Consumer Electronics Show 2019, the firm said Thursday. It is the first time...

Nov 15, 2018
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
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