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The Korea Herald

Markets

November 22, 2022
Doosan Fuel Cell signs W346.8b deal to supply hydrogen to China

Doosan Fuel Cell, the hydrogen business unit of South Korean conglomerate Doosan Group, signed a contract worth 346.8 billion won ($255 million) to supply hydrogen fuel cell to China’s combined heat and power business operator, the Korean firm said Monday. Doosan Fuel Cell said it will provide a ...
November 22, 2022
Incheon Airport flights to surpass pre-pandemic level by next year

The number of flights landing and departing from Incheon International Airport will exceed pre-pandemic levels by next year. Incheon Airport was allotted 263,004 slots for the next summer season from late March to late October, during the International Air Transport Association Slot Conference hel...
November 22, 2022
SsangYong Motor unveils wireless charging platform for EV

SsangYong Motor unveiled its wireless charging platform for electric vehicles under development on Monday at Coex, Seoul during an event hosted by the Ministry of Science and ICT. The carmaker displayed its first all-electric sports utility vehicle Korando e-motion equipped with a 61.6 kWh lithium...
November 22, 2022
Korean carmakers to feel IRA pinch next year: report

South Korea’s automotive production is expected to suffer a modest decline next year despite growing global car sales, an industry report said Monday. Some 85.3 million cars are projected to be sold globally next year, a 4.7 percent increase compared to this year’s estimated 81.5 million units, ...
November 22, 2022
Nexon becomes largest shareholder of 'Avengers' directors' production firm

South Korean game developer Nexon said Monday it has become the largest shareholder of US production company Agbo, co-founded by Anthony and Joe Russo, the directors of Marvel’s global megahits. After initially investing $400 million to acquire 38 percent of Agbo’s shares in January, Tokyo-liste...
November 22, 2022
[Herald Interview] 'CSR must be 100% integrated with business'

Incorporating corporate social responsibility-related strategies into a company's business yields greater profits for the company in the long run, as it realizes multifaceted achievements, according to the head of a CSR solution provider. CSR-related businesses score wins with diverse demographic,...
November 21, 2022
Hana Financial, SKT team up to step up fintech service

Hana Financial Group and SK Telecom -- one of the five biggest lenders and the largest mobile carrier by subscribers in South Korea, respectively -- are ramping up a joint initiative to expand their presence in fintech, an industry built on making the best of financial and tech companies amid a rus...
November 21, 2022
Antitrust watchdog to tighten scrutiny on delinquent online sellers

South Korea’s antitrust watchdog said Suday it will come up with effective measures to restrict delinquent online sellers using popular customer-to-customer platforms such as Karrot and Joonggonara. The Fair Trade Commission will guide platform operators to voluntarily enhance their user protecti...
November 21, 2022
No. of eco-friendly vehicles in Korea hit 1.5 million

South Korea saw its number of eco-friendly vehicles exceed 1.5 million in October, data showed Sunday. According to the Ministry of Land, Infrastructure and Transport, a total of 1,515,000 units of eco-friendly vehicles, including full electric vehicles and hybrids, were registered by the end of O...
November 21, 2022
Samsung tops global brand ranking, outpacing Google, YouTube

South Korean tech giant Samsung Electronics was ranked the highest in United Kingdom-based market research firm YouGov's annual Global Best Brand Rankings in 2022, data showed Sunday. Of 380 brands in 38 markets including the United States, the UK, China, India and South Korea, Samsung scored 127 ...
November 21, 2022
[Herald Interview] ‘You can start making changes for gamers with disabilities tomorrow’

Meanwhile, Hybe also gave a sneak peek of its future game-launch plans. “Although Hybe’s artist IPs are important properties (of the company), we will try to showcase games that do not use them,” said Hybe IM CEO Jeong Woo-yong. “We are currently developing one new game that is based on artist...
November 21, 2022
[Herald Interview] ‘You can start making changes for gamers with disabilities tomorrow’

BUSAN -- Korean game developers should begin creating accessibility for people with disabilities as it can be easily done with some of the existing guidelines, says a longtime activist who has led the US movement for gamers with disabilities. “You can start making real change tomorrow with the re...
November 21, 2022
Neowiz looks to lead Korea's console game industry with awards-winning Lies of P

BUSAN -- Game developer Neowiz is hoping to take the lead and set an exemplary case for Korean console games on the global stage with its awards-winning title Lies of P. “(For Lies of P) we really received good feedback at Gamescom including good graphics, high level of completion, no bugs, smoot...
November 21, 2022
[Herald Interview] Why Korea is set up for success in console games

BUSAN -- South Korea is poised to succeed in the global console game market despite having a relatively shorter resume in that particular area of gaming, according to an expert specialized in creating successful console games. “Many years ago, I first found out how excited Korean players were for...
November 20, 2022
Saudi crown prince's visit brings $30b in busines deals

Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman arrived in Seoul on Thursday to hold talks with President Yoon Suk-yeol and top business leaders, initiating a slew of agreements worth an estimated $30 billion between the two countries. The crown prince’s trip to Seoul is his fi...

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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