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The Korea Herald

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BOK pauses rate hikes, but signals more may come

BOK pauses rate hikes, but signals more may come

The Bank of Korea held its key interest rate at 3 percent Thursday, pausing after two consecutive hikes but keeping the door open to further tightening as stronger-than-expected growth and persistent

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Companies

K-beauty stocks stumble as strong won squeezes profits

While K-beauty’s overseas sales have never been stronger, markets seem hesitant to reward its soaring figures, fearing a surging won will eat into its earnings. Cosmetics exports reached $11.1 billion
Tech

Nvidia taps Korean component makers for AI chips, robots

Samsung Electro-Mechanics and LG Innotek are expanding their ties with Nvidia, applying their expertise in semiconductor substrates and sensing technology to the US chipmaker's growing AI computing an
Companies

What’s brewing behind Mega Coffee’s deal rush?

In Korea’s food and beverage deal market these days, the most persistent bidder sells cheap coffee. Mega MGC Coffee, the country’s largest coffee chain with 4,500 bright-yellow storefronts, no longer
Companies

Samsung Bioepis' first ADC candidate wins FDA Fast Track

Samsung Bioepis said Wednesday that its first antibody-drug conjugate, or ADC, candidate has been designated a Fast Track drug by the US Food and Drug Administration. According to Samsung Bioepis, SBE
Companies

K-food chiefs lead European charge at SIAL Paris

Korea’s top food executives are out in force this week at SIAL Paris 2026 — Europe’s leading food and beverage trade fair — showcasing their flagship brands alongside the new products set to drive gro
Companies

BYD surges to No. 4 in Korea's imported car market

Chinese electric vehicle giant BYD is rapidly expanding its foothold in South Korea, climbing to fourth place in the country’s imported passenger market in the first nine months of this year. BYD sold
Companies

Twosome Place opens first US store in Virginia

South Korean cafe chain Twosome Place opened its first US store in Alexandria, Virginia, on Saturday, marking its entry into the American market with a menu of Korean-inspired desserts and drinks. Cus
Companies

HD Hyundai tests uncrewed naval vessel off California coast

South Korean shipbuilder HD Hyundai has demonstrated new uncrewed surface vessel technology off the California coast in partnership with US defense technology firm Anduril Industries, aiming to tap in
Companies

Gentle Monster vs. Blue Elephant: Behind K-eyewear's global boom, a bitter battle over imitation

Gentle Monster’s global standing is hardly in doubt. Its recent campaigns feature Tilda Swinton, Japanese actor Kentaro Sakaguchi and Stray Kids’ Felix. It has released collaborations with Prada and M
Companies

Musinsa brings Japanese fashion to Seoul with Zozotown

South Korean fashion retailer Musinsa is bringing 15 Japanese fashion brands to Seoul through a partnership with Japan's leading fashion e-commerce platform Zozotown, expanding a collaboration that ha
Companies

AmCham chief receives honorary doctorate from Korea Aerospace University

James Kim, chair and CEO of AmCham Korea, received an honorary doctorate in business administration from Korea Aerospace University on Thursday for his contributions to South Korea-US economic coopera
Markets

Korea's manufacturing jobs rise for first time in 27 months

South Korea's manufacturing employment rose for the first time in 27 months in September despite a slowdown in overall job growth, government data showed Friday. Manufacturers employed 4.36 million pe
Companies

Bentley hits the battlegrounds in PUBG's latest update

Krafton has teamed up with British luxury automaker Bentley to bring three premium vehicle skins to PUBG: Battlegrounds in the game's latest 43.2 update. The collaboration introduces skins modeled aft
Tech

Samsung's top brass convene in Tokyo as Japan chip ties deepen

Samsung Electronics Chairman Lee Jae-yong reportedly met with five top executives in Tokyo this week, fueling speculation over the company's semiconductor strategy in Japan and broader business priori
Companies

LG, Apple take on Amazon, Google with AI home devices

LG Electronics is teaming up with Apple to take on Amazon and Google in the smart home market, unveiling seven AI-powered devices that push beyond its traditional appliance business. The Korean electr
Companies

Hyundai bets $15.5b on India as global production hub

NEW DELHI — Hyundai Motor Group is investing $15.5 billion in India over the next seven years, as the Korean auto giant moves to create a major production and export hub in the world's third-largest a

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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