East Asia

» Auto updated continuously

• Source limited to: Korea Hearld

 2022-01-11 16:08 

Korea Herald

ABL Bio signs $1.06b deal with Sanofi for Parkinson's disease treatment...

ABL Bio has signed a contract worth up to $1.06 billion (1.27 trillion won) with French pharmaceutical firm Sanofi to co-develop ABL301, an antibody treatment candidate for degenerative brain diseases including Parkinson's disease, the Korean b...

 2022-01-11 16:05 

Korea Herald

[KH Explains] Ministry for feminists? Pledge to abolish gender ministry reignites debate...

The idea of abolishing the Ministry of Gender Equality and Family has reemerged as a top topic, after presidential candidate Yoon Suk-yeol of the main opposition People Power Party proposed it as an election pledge. When the conservative party candi...

 2022-01-11 15:52 

Korea Herald

Lee Jae-myung vows to raise annual exports to $1 trillion...

The ruling party's presidential nominee vowed to ensure South Korea' yearly exports reach $1 trillion within his five-year term by fostering traditionally strong and novel sectors and diversifying trade routes. Lee Jae-myung of the Democ...

 2022-01-11 15:32 

Korea Herald

Naver invests in e-commerce data startup...

Naver D2 Startup Factory has made a follow-on investment in local e-commerce data startup Datarize, the IT giant said Wednesday. Stonebridge Ventures led the series A funding of Datarize with co-investments from Weventures, Korea Development Bank a...

 2022-01-11 15:18 

Korea Herald

S. Korea, India to resume talks on upgrading trade pact next month...

South Korea and India have agreed to resume negotiations to upgrade their bilateral trade pact next month after more than two years of hiatus, Seoul's trade ministry said Wednesday. The two nations implemented the Comprehensive Economic Partnership...

 2022-01-11 15:13 

Korea Herald

Pernod Ricard Korea launches Time Well Spent campaign to solidify local presence...

Pernod Ricard Korea's new "Time Well Spent" campaign will solidify its position as a market leader in the local whiskey market, which is constantly expanding, the liquor firm said Wednesday. According to Pernod Ricard Korea&r...

 2022-01-11 15:05 

Korea Herald

Education Ministry's 'vaccine cartoon' attacked...

The Ministry of Education is again drawing fire over sharing cartoons encouraging students to be vaccinated against COVID-19 despite the court order suspending vaccine mandate measures on education facilities for young students. On Friday, the mini...

 2022-01-11 14:54 

Korea Herald

Samsung's chip biz faces minimal impact from Xi'an lockdown: analysts...

The prolonged lockdown in the Chinese city of Xi'an will have minimal impact on the performance of Samsung Electronics Co., which has a chip fabrication complex there, analysts said Wednesday. Samsung, the world's largest memory chip maker, tempor...

 2022-01-11 14:50 

Korea Herald

S. Korea approves Novavax COVID-19 vaccine...

South Korea's drug safety agency on Wednesday approved an authorization of US-based biotechnology company Novavax Inc.'s COVID-19 vaccine. The protein-based vaccine, Nuvaxovid, marks the fifth COVID-19 vaccine to get approval for use here, followi...

 2022-01-11 14:48 

Korea Herald

K League scoring champion on nat'l team snub: 'I have to be better'...

SEOGWIPO -- One of the great mysteries in South Korean football in recent months has been the continued absence of Jeju United striker Joo Min-kyu on the senior men's national team. Though he won the scoring title in the top-flight K League 1 last y...

 2022-01-11 14:44 

Korea Herald

Market cap of top 100 firms gains 10.8% over past year...

South Korea's top 100 companies have seen their total market capitalization swell nearly 11 percent over the past one-year period, a corporate tracker said Wednesday. The combined market value of those leading firms came to 2,128 trillion won ($1.78...

 2022-01-11 14:24 

Korea Herald

LG supplies in-car infotainment system to Mercedes-AMG EQS...

LG Electronics said Wednesday it has supplied its premium in-car infotainment system to be featured in the 2022 Mercedes-Benz EQS full-electric luxury sedan. LG's system combines three displays instrument cluster display, central info...

 2022-01-11 14:09 

Korea Herald

Eastar Jet founder gets 6-yr prison term for embezzlement, breach of trust...

JEONJU -- The founder of South Korean budget carrier Eastar Jet Co. was sentenced to six years in prison on Wednesday for embezzlement of company funds and breach of trust. A district court in Jeonju, 240 kilometers south of Seoul, handed down the s...

 2022-01-11 14:07 

Korea Herald

Yoon vows to resolve unfair practices in gaming industry...

Main opposition presidential candidate Yoon Suk-yeol on Wednesday unveiled a set of measures to upgrade the country's gaming industry, including disclosing information on randomized in-game items, in his latest move to woo young male voters ahead of...

 2022-01-11 14:06 

Korea Herald

Money supply up 1.1% in Nov. amid increased savings...

South Korea's money supply expanded in November as savings increased due in part to rising interest rates, central bank data showed Wednesday. The country's M2, a key gauge of the money supply, stood at 3,589.1 trillion won ($3.01 trillion) on ave...

 2022-01-11 13:57 

Korea Herald

Coupang launches Japan's Nitori furniture in Korea...

South Korean e-commerce giant Coupang said Wednesday it has exclusively launched the product lines of Nitori, Japan's largest furniture and household goods brand. According to the company, Coupang will directly import Nitori products so that c...

 2022-01-11 13:54 

Korea Herald

'My Jubilee ist Unverhemmet' : Paik Nam-june's wish realized at Nam June Paik Art Center...

Korean-born video art pioneer Paik Nam-june will be remembered at the Nam June Paik Art Center that is commemorating the 90th anniversary of the artist's birth this year with a number of special projects throughout the year. The artist died Jan...

 2022-01-11 12:57 

Korea Herald

Gwangju shuts down all HDC construction sites after collapse; 6 remain missing...

The Gwangju Metropolitan Government on Wednesday ordered a temporary shutdown on all construction sites in the city run by Hyundai Development Company, after a collapse at the company's apartment construction site left six workers missing. Th...

 2022-01-11 12:55 

Korea Herald

BTS-inspired webtoon to be released this week...

A new fantasy webtoon and web novel inspired by K-pop superstars BTS will be released later this week, the group's management agency said Wednesday. Hybe said its original story of "7Fates: Chakho" will be available on Naver Webtoon, an on...

 2022-01-11 12:53 

Korea Herald

Moon orders thorough investigation into accident at Gwangju construction site...

President Moon Jae-in on Wednesday ordered a thorough investigation into a construction site accident that left six people unaccounted for, his spokesperson said. Moon's order comes a day after the facade of a high-rise apartment building under cons...

 2022-01-11 12:48 

Korea Herald

Hyundai Development apologizes over construction accident...

GWANGJU -- The chief of Hyundai Development Co. apologized Wednesday over the collapse of a facade of a high-rise apartment building under construction, which has left six workers still missing. The exterior wall of the apartment building in the sou...

 2022-01-11 12:43 

Korea Herald

Search for missing workers at Gwangju construction accident site suspended amid safety inspection...

GWANGJU -- A safety inspection was under way Wednesday as authorities weighed when to resume a search for the six workers who went missing after the collapse of a facade of a high-rise apartment building under construction in the southwestern city of...

 2022-01-11 12:38 

Korea Herald

SPO orders joint probe of Gwangju building collapse accident...

The Supreme Prosecutors Office (SPO) on Wednesday ordered the launch of a joint investigation into a construction site accident in Gwangju in which six people remain unaccounted for. Six workers were unaccounted for after a facade of a high-rise apa...

 2022-01-11 12:32 

Korea Herald

Daewoo E&C names insider as new CEO...

Daewoo Engineering & Construction on Wednesday named Baek Jung-wan, the current head of the constructor's housing division to steer the company once the Jungheung Group's acquisition of the constructor completes. Baek, 59, a ca...

 2022-01-11 12:17 

Korea Herald

S. Korea's ICT exports hit record high of $227b in 2021...

South Korea's output in the information and communication technology (ICT) industry rose 24 percent in 2021 from a year earlier to reach an all-time high, data showed Wednesday. The record-high output of $227.6 billion comes on the back of solid glo...

 2022-01-11 12:15 

Korea Herald

UN Command to suspend Panmunjom tours again amid coronavirus concerns...

Tours to the inter-Korean truce village of Panmunjom will be suspended starting next week due to spikes in COVID-19 infections, the UN Command (UNC) said Wednesday. The UNC will discontinue the tour program to the Joint Security Area in the Demilita...

 2022-01-11 12:05 

Korea Herald

Air Premia opens cargo flights to Vietnam...

South Korean budget carrier Air Premia Co. said Wednesday it has opened cargo flights to Vietnam to ride out the prolonged COVID-19 pandemic. It is Air Premia's second cargo-only international route after the carrier began to offer cargo flights to...

 2022-01-11 12:04 

Korea Herald

S. Korea succeeds in developing counter missile system for aircraft: ADD...

South Korea has successfully tested a counter missile system for military aircraft to help dodge enemies' portable surface-to-air missiles, a state-run defense research agency said Wednesday. The directional infrared countermeasures (DIRCM) system e...

 2022-01-11 11:56 

Korea Herald

LG Energy Solution to purchase 700,000 tons of lithium ore concentrate from Australia...

South Korean battery maker LG Energy Solution Ltd. has signed an initial contract to purchase 700,000 dry metric tons of lithium ore concentrate from an Australian miner, a document showed Wednesday, a deal that could help LG secure a supply of lithi...

 2022-01-11 11:51 

Korea Herald

WFP says its food aid to N. Korea remains halted since last March...

The World Food Programme (WFP) has not provided North Korea with any food assistance for nearly a year, its monthly report showed Wednesday, amid the country's strict border controls against COVID-19. The UN food agency last delivered 891.5 tons of...

 2022-01-11 11:48 

Korea Herald

Midfielder wants to capitalize on rare opportunity with senior nat'l team...

Gangwon FC midfielder Kim Dae-won is training with the senior men's national team for the first time in Turkey this month. He wants to make sure it won't be his last stint with the big boys. The 24-year-old is one of 26 players called up by head c...

 2022-01-11 11:43 

Korea Herald

Regulator reviews punitive measures against shippers' alleged price fixing...

Regulator reviews punitive measures against shippers' alleged price fixingSouth Korea's antitrust regulator was holding a deliberation session Wednesday to decide punitive actions against HMM Co. and 22 other shippers over their suspected price fi...

 2022-01-11 11:40 

Korea Herald

ABL Bio inks $1.06b deal with Sanofi for Parkinson's disease treatment...

South Korea's biotech company ABL Bio Inc. said Wednesday it has entered a global license agreement worth $1.06 billion with pharmaceutical giant Sanofi to develop and commercialize an antibody candidate to treat Parkinson's disease. ABL301 is a p...

 2022-01-11 11:24 

Korea Herald

Military reports 65 more COVID-19 cases...

South Korea's military on Wednesday reported 65 additional COVID-19 cases, including 62 breakthrough infections, raising the total caseload among its personnel to 3,526. Of the new cases, 46 are from the Army, 14 from the Air Force, four from units...

 2022-01-11 11:22 

Korea Herald

Yoon overtakes Lee 38% to 35.3%: poll...

Main opposition presidential candidate Yoon Suk-yeol overtook his ruling party rival Lee Jae-myung after gaining 38 percent public support against Lee's 35.3 percent, a survey showed Wednesday. Yoon of the conservative People Power Party added 3.1 p...

 2022-01-11 11:01 

Korea Herald

[Graphic News] Number of workers taking parental leave up 3.7%...

The number of South Korean workers who took time off to take care of their children rose 3.7 percent in 2020 from a year earlier amid more government support for parental leave, government data showed. A total of 169,345 workers took parental leav...

 2022-01-11 10:57 

Korea Herald

Daily infections back above 4,000 in 6 days amid lingering omicron woes...

South Korea's daily coronavirus cases bounced back to above 4,000 for the first time in six days Wednesday, putting health authorities on high alert over a possible resurgence amid omicron concerns. The country added 4,388 new COVID-19 infections, i...

 2022-01-11 10:49 

Korea Herald

Convenience store chain CU opens 50th outlet in Malaysia...

CU, South Korea's top convenience store chain, said Thursday it has established its 50th outlet in Malaysia as part of its overseas push. The opening comes nine months after CU set up its first outlet at a shopping mall in a middle-class neighborhoo...

 2022-01-11 10:41 

Korea Herald

Seoul stocks open higher after Fed chief's inflation comments...

South Korean stocks opened steeply higher Wednesday as the US Fed chief's comments about inflation were largely within market expectations. The benchmark Korea Composite Stock Price Index (Kospi) rose 27.86 points, or 0.95 percent, to 2,955.24 in th...

 2022-01-11 10:25 

Korea Herald

Big firms' disposal of treasury shares jumps over 3 years...

Major listed companies in South Korea have sharply increased their disposal of treasury shares over the past three years due mainly to efforts to boost their stock prices, a corporate tracker said Wednesday. A total of 129 listed firms retired or di...

 2022-01-11 10:23 

Korea Herald

Over half of S. Koreans support abolishment of gender ministry: poll...

A little over half of South Koreans support the abolishment of the Ministry of Gender Equality and Family as proposed by the main opposition party's presidential candidate Yoon Suk-yeol, a poll showed Wednesday. According to the Realmeter survey th...

 2022-01-11 10:17 

Korea Herald

S. Korea reports largest job growth in 7 years last year amid economic recovery...

South Korea reported the largest job addition in seven years last year as the job market improved amid the economic recovery from the COVID-19 pandemic, data showed Wednesday. The number of employed people reached 27.27 million last year, 369,000 mo...

 2022-01-11 10:15 

Korea Herald

Alpine snowboarder Lee Sang-ho maintains World Cup lead despite missing podium...

South Korean Olympic snowboard medal hopeful Lee Sang-ho continues to lead the World Cup standings for the season, despite missing the podium for only the second time in his latest competition in Austria. Lee finished fifth in the men's parallel sla...

 2022-01-11 10:11 

Korea Herald

N. Korea says it successfully conducted final test-firing of hypersonic missile...

North Korea said Wednesday it has successfully conducted the final test-firing of a new hypersonic missile a day earlier, as it continues to develop new weapons systems amid stalled nuclear negotiations with the United States. On Tuesday, South Kore...

 2022-01-11 06:31 

Korea Herald

[Joseph E. Stiglitz] Argentina's economic miracle amid COVID...

NEW YORK -- Although COVID-19 has been hard on everyone, it has not been an "equal opportunity" disease. The virus poses a greater threat to those who are already in poor health, many of whom are concentrated in poor countries with weak p...

 2022-01-11 06:31 

Korea Herald

[Kim Seong-kon] 10 propositions for Korea's presidential candidates...

Dear Presidential Candidates of South Korea, We hope you realize that 2022 is a crucial and pivotal year for your country for many reasons. As you know, South Korea is now facing unprecedented crises both internally and externally. Whoever is elect...

 2022-01-11 06:30 

Korea Herald

[Editorial] Stop beating around bush...

The trial began Monday for the five defendants implicated in the Daejang-dong land development scandal. The scandal involves four of the defendants getting astronomical rates of return on their investments in a project to develop land for housing in...

 2022-01-10 19:42 

Korea Herald

[Today's K-pop] Taeyeon to put out 3rd LP next month...

Taeyeon will return as a solo musician with her third studio album in February, her label SM Entertainment announced on Tuesday. She dropped a summer song, titled "Weekend," last July, but it has been two years and four months since...

 2022-01-10 19:14 

Korea Herald

Naver, Kakao stocks dip by double digits...

Naver and Kakao, Korea's two largest online service providers, saw their market caps shrinking by 7 trillion won each ($5.8 billion) for the last two weeks amid continued market fluctuation over a potential rate hike by the US Federal Reserve&n...

 2022-01-10 19:11 

Korea Herald

Moon-established investigative office slammed over possible phone spying...

A progressive lawyers' group Tuesday slammed an anti-corruption investigative agency established by President Moon Jae-in administration over alleged spying on South Koreans. Lawyers for a Democratic Society, more widely known by the Korean a...

  • Need an account?  
    or