Archive by category Business

Odds are you may think that virtual reality was developed in recent years. But it has long existed in different forms, arguably stretching back to the …

When I first tried Google Cardboard, a virtual reality pair of goggles made out of a few pieces of cardboard and two lenses, at The Korea Herald office in …

LG Group chairman Koo Bon-moo has urged the chief executives of the conglomerate’s affiliates to push the envelope for change and innovation in order to …

Years-long efforts by the Korean government to license the nation’s fourth mobile carrier went down to the drain again on Friday as the Ministry of Science, …

Korea plans to sell 4 trillion won (US$3.31 billion) worth of Treasury bills in three separate auctions in February to help cover government expenses, the …

Korean stocks rose 0.3 percent Friday as Japan’s interest rate decision relieved investor jitters over a global economic slowdown. The local currency …

As Korea’s industrial output rebounded in December, snapping two straight months of minus growth, officials from the government and central bank gave …

Samsung Electronics Co. saw its presence in the Chinese smartphone industry fall on-year in 2015, data showed Friday, as local players continued to garner …

Per capita rice consumption hits all-time low in 2015 Korea plans to export rice to China for the first time in February after both sides agreed on a set of …

Hanwha Group, a defense and chemical conglomerate, said Friday that it plans to spend 3.4 trillion won (US$2.82 billion) this year in a bid to further nurture …