Archive by category Business
Lim Sung-nam (AFoCO) Last year, President Moon Jae-in announced the New Southern Policy. Under this policy direction, Korea is looking beyond Northeast …
Ministries and government bodies in charge of forest preservation in South Korea and ASEAN member countries have launched an intergovernmental platform to …
South Korean auto giant Hyundai Motor and its sister company Kia are expected to see a turnaround in their respective sales, with industry insiders raising …
Korea’s labor productivity is ranked 17th among 22 member nations of the Organization for Economic Cooperation and Development, according to the OECD report …
Hyundai Heavy Industries Holdings has signed an agreement with German robotics maker Kuka with the aim of selling Kuka’s products to large Korean …
![[Newsmaker] Another reformative FSS nomination highlights pledge on financial reform](http://heraldk.com/en/wp-content/uploads/sites/2/2018/05/Newsmaker-Another-reformative-FSS-nomination-highlights-pledge-on-financial-reform-320x213.jpg "[Newsmaker] Another reformative FSS nomination highlights pledge on financial reform")
Even after the two previous leaders’ terms ended amid disputes, the next candidate tapped as chief of the financial market watchdog is, again, another …
![[Monitor] Korea’s trade dependence increases for first time in 6 years](http://heraldk.com/en/wp-content/uploads/sites/2/2018/05/Monitor-Koreas-trade-dependence-increases-for-first-time-in-6-years-320x213.jpg "[Monitor] Korea’s trade dependence increases for first time in 6 years")
South Korea’s reliance on trade climbed in 2017 for the first time in six years, data from the Bank of Korea showed Wednesday. The share of the country‘s …
![[Monitor] Growth of household loans hits 5-month high](http://heraldk.com/en/wp-content/uploads/sites/2/2018/05/Monitor-Growth-of-household-loans-hits-5-month-high-320x213.jpg "[Monitor] Growth of household loans hits 5-month high")
South Korea‘s personal loans increased by over 1 trillion won ($929 billion) to 99.7 trillion won in April, pushing the overall household loans to grow at …
Hyundai Motor and Kia Motors, the country’s top two auto makers, flagged a combined 631,225 units in global sales last month, up 10.4 percent on–year, the …
Hyundai Mobis, the auto parts maker affiliate of Hyundai Motor Group, said Wednesday that it will retire treasury stocks worth 587.5 billion won ($546 million) …