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The Korea Herald

Markets

July 31, 2023
Battery stocks’ volatility leaves investors reeling

The fluctuating stock prices of firms in the secondary battery sector sent the local stock market on a rollercoaster ride over the last week. Battery materials stocks achieved gains on Friday afternoon after suffering losses in the morning, raising alarms for retail investors who belatedly joined ...
July 31, 2023
[Test Drive] Toyota Highlander Hybrid, a fuel-efficient family SUV

When pressing down on the accelerator, there was a noticeably loud noise from the engine. While third row seats are positioned higher than those in the second row in order to allow a wider view from the back, it drastically reduces legroom and headroom areas for the third row. As for the overall d...
July 31, 2023
[Test Drive] New Trailblazer rides off-road with confidence

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
July 31, 2023
Korea's drug market reaches W30tr in 2022

The size of South Korea’s domestic drug market reached an all-time high of 29.9 trillion won ($23.4 billion) last year, up 17.6 percent on-year, according to government data, Sunday. The drug market size is calculated by adding the value of total drug production here and the drug import value, th...
July 31, 2023
English service offered for electronic disclosures

The Financial Supervisory Service's electronic disclosure board has gotten a new update from Monday, providing foreign investors with more English information on financial disclosures. With the update, when firms file disclosures on DART, the name of the company, report title and name of the attac...
July 28, 2023
Busan's Expo bid about progress not money

South Korea’s eagerness to host the World Expo 2030 in Busan goes far beyond the pursuit of a multi-trillion-won injection into the economy, and is instead seeking to become an important international platform that will contribute to humanity, according to SK Group Chairman Chey Tae-won on Wednesd...
July 28, 2023
[From the Scene] Digitized hospital provides glimpse into next-generation diagnoses

Leong said the digitization of a single procedure paved the way for the rise of various advanced digitized mechanisms. Currently, Leong said SGH is working to further unlock the digitalized slides' potential with computational technology. Work is in progress to streamline the process of machines ...
July 28, 2023
Korea's patent agency seeks global expansion in intellectual properties

This agreement aligns with Lee's commitment to export Korea's advanced patent administration system globally. KIPO has been dispatching its patent officers to Saudi Arabia and the United Arab Emirates for years to help elevate the patent examiners' capacity and streamline the patent review processe...
July 28, 2023
Havas Korea joins Seoul City's computer donation campaign

Havas Korea, a Korean subsidiary of Havas Group, has donated its used laptops to the Seoul Metropolitan Government to provide support for youth preparing for independence, under the city’s ongoing personal computer donation campaign that aims to bridge the digital divide. The term "youth preparin...
July 28, 2023
[Herald Interview] Korea's patent chief speaks on leveraging global alliances for Korea's IP growth

"South Korea aims to establish itself as a central hub within the global intellectual property network through strategic partnerships, technology-focused policies and active international engagement,” said Commissioner Lee Insil of the Korean Intellectual Property Office during her speech at the 6...
July 28, 2023
Samsung logs W4.3tr profit loss in chips, predicts recovery in H2

Samsung Electronics, the world’s largest memory chip maker, said Thursday it will further slash memory chip production and gear up to respond to the rising demand for artificial intelligence-related chips, as its chip business reported a consecutive drop in operating profit for the second quarter ...
July 28, 2023
Hyundai, Kia join massive EV charging alliance to take on Tesla's Superchargers

South Korean carmakers Hyundai Motor Company and its sister firm Kia have joined forces with five global auto giants -- BMW, General Motors, Honda, Mercedes-Benz and Stellantis -- to form a joint venture for establishing an electric vehicle charging network across North America, in a combined effor...
July 28, 2023
Hyundai Elevator, LG, KT team up for smart building solutions

Hyundai Elevator said Wednesday it has signed a memorandum of understanding with LG Electronics and KT in order to drive advancements in the applications of robotics and explore new business opportunities in the field of smart buildings. The signing ceremony was attended by Do Ik-han, vice preside...
July 28, 2023
KB reclaims top financial group, bank titles in first half

KB Financial Group reclaimed its position as the top financial group in Korea with a net profit of 2.99 trillion won ($2.34 billion) in the first half, surpassing other players. The group's flagship KB Kookmin Bank also regained the leading bank title with a net profit of 1.85 trillion won in the s...
July 28, 2023
STX, NICE D&B join hands to provide corporate information on Trollygo

South Korean trading company STX announced Thursday that it has inked a memorandum of understanding with the nation's largest commercial credit bureau NICE D&B to provide corporate information services on Trollygo, its business-to-business online trading platform which is set to be launched in the ...

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EDITOR'S PICKS

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
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099