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Asiana Airlines turns to surplus in earnings surpriseTransportAug 7, 2020Asiana Airlines posted an operating profit over 100 billion won ($84 million) in the second quarter, for the first time in six quarters, according to the firm’s regulatory filings Friday. The nation... -
LG Chem shares surge on rosy EV outlook, ranks third on KospiTechnologyAug 7, 2020Share prices of LG Chem, Korea’s leading battery maker, jumped nearly 10 percent on Friday on expectations of rising demand for electric vehicles, ranking third in market capitalization in the nation... -
Hyundai Motor, Urban-Air Port to develop urban air mobilityTransportAug 6, 2020Hyundai Motor will join hands with British mobility company to speed up the development of infrastructure related to urban air mobility, the automaker confirmed Thursday. Hyundai Air Mobility, a uni... -
Mercedes-Benz Korea appoints Vice President Kim Jee-seop as interim CEOTransportAug 5, 2020Mercedes-Benz Korea said Wednesday it appointed Kim Jee-seop, vice president of customer services department, as interim president and CEO. Bjorn Hauber, president of Mercedes-Benz Sweden and Denmar... -
Posco International, RDA to support Myanmar‘s farming marketIndustryAug 5, 2020Posco International and the Rural Development Administration will jointly support farmers in Myanmar and strengthen the value chain of food projects through public-private cooperation, the company sa... -
Coupang, LG Chem narrow gap with global No. 1 firmsIndustryAug 5, 2020Seven Korean companies, including Coupang and LG Chem, have narrowed their revenue gap with global No. 1 companies over the past five years, data showed Wednesday. Local corporate tracker CEOScore s... -
![[Herald Interview] ‘Opportunities lie ahead for Europe, Korea in sustainability’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/08/04/20200804000080_0.jpg)
[Herald Interview] ‘Opportunities lie ahead for Europe, Korea in sustainability’IndustryAug 5, 2020The new chief of the European Chamber of Commerce in South Korea believes there are many opportunities for Korean and European companies to cooperate in sustainability areas in the future. “In Europ... -
Hyundai Motor’s US sales turns positive in 5 monthsTransportAug 4, 2020Hyundai Motor’s sales in the US market rose slightly over a period of five months, after struggling from the pandemic. Hyundai Motor America said Tuesday it reported total sales of 57,677 units last... -
Korean shipbuilders win consecutive orders despite pandemicTransportAug 4, 2020South Korean shipbuilders have won orders one after another in recent months after suffering from a dismal performance in the first half of this year. Expectations are growing that they will continue... -
![[News Focus] Family feud simmers at Korea’s largest tiremaker](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/08/03/20200803000544_0.jpg)
[News Focus] Family feud simmers at Korea’s largest tiremakerIndustryAug 3, 2020When the chief of Korea’s largest tiremaker sold all his stock in the company to his second son on June 30, the succession appeared to have proceeded smoothly. But it had not. The simmering family di... -
Hanmi Pharmaceutical founder dies at 80IndustryAug 2, 2020Hanmi Pharmaceutical’s founder and chairman, Lim Sung-ki, died of a chronic disease Sunday at dawn after devoting his life to the South Korean bio industry. He was 80. Lim was the owner of Hanmi Pha... -
Korea allows large firms to hold venture capital unitsIndustryJul 30, 2020South Korea will allow holding companies of conglomerates to run corporate venture capital units in order to boost investment in startups and invigorate the economy, officials said Thursday. The gov... -
Antitrust watchdog fines SPC W65b, reports head to prosecutorsIndustryJul 29, 2020Korea’s antitrust watchdog has decided to impose a fine of 64.7 billion won ($54.1 million) on food giant SPC for violation of antitrust laws, officials said Wednesday. The Fair Trade Commission is ... -
![[Behind the Wheel] Mercedes-Benz’s upgraded AMG GT gives more invigorating drive](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/23/20200723000214_0.jpg)
[Behind the Wheel] Mercedes-Benz’s upgraded AMG GT gives more invigorating driveTransportJul 29, 2020YONGIN, Gyeonggi Province -- “The ultimate sports car, spearheading AMG family. I love to call it our street legal racing machine.” Mark Raine, vice president of product & marketing at Mercedes-Benz... -
Large firms cut more than 11,000 jobs during pandemicIndustryJul 29, 2020South Korea’s top 500 companies by assets have cut more than 11,000 jobs as the new coronavirus has continued to spread, data showed Wednesday. Local corporate tracker CEOScore surveyed the number o...
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01Flood alert issued in Seoul; boat accidents near dam feared to have killed 7
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Red mini dress triggers spat over dress code for female lawmakers02
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03Downpour swamps popular tourist spots Jara, Nami islands
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[From the scene] Korea’s quarantine hotel is ‘contagion-free’04
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05Seoul unveils virus-blocking bus shelter
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No major service disruption reported despite trainee doctors' strike06
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07New virus cases fall back to 20 as local cases return to single digit
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Moon's chief of staff, five senior aides offer to resign08
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09President Moon express regret over NK not informing Seoul of dam discharge
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2,500 people displaced after downpour, more rain expected over weekend10