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The Korea Herald

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US tariffs to hurt Korean banks' profitability: Fitch

US tariffs to hurt Korean banks' profitability: Fitch

A surge in US tariffs would pummel South Korean banks, as the slowdown of Asia's fourth-largest economy could take a toll on their profitability and asset quality, according to an executive at a globa

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75 months, zero defects: Hanwha pitches for US military upkeep role

CHANGWON, South Gyeongsang Province — A board stood tall near the entrance of Hanwha Aerospace’s aircraft engine maintenance, repair and overhaul plant in Changwon, South Gyeongsang Province, Thursday
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LG Energy Solution CEO visits Chicago to attract top battery talent

Executives of LG Energy Solution, a leading South Korean battery manufacturer, flew to the US to recruit top professionals set to drive the future of the battery industry. LG Energy Solution hosted it
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Trump Jr. to visit Korea next week at invitation of Shinsegae chairman

Donald Trump Jr., the eldest son of US President Donald Trump, is scheduled to visit South Korea next week on what will be his first trip to the country since the inauguration of the second Trump admi
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Hyundai Motor posts record Q1 sales, profit despite US tariff woes

Hyundai Motor Company achieved record-breaking sales and profit for the first quarter amid deepening concerns over the 25 percent tariffs on automobiles and car parts imposed by US President Donald Tr
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Who owns AI art? AI-generated Ghibli selfies spark legal debate

What began as a nostalgic craze — turning selfies into illustrations styled after Japan's much beloved Studio Ghibli — quickly went viral, drawing millions of users to ChatGPT’s new image generation f
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Kakao Bank CEO pledges AI leadership at Thai fintech forum

Kakao Bank CEO Yun Ho-young underscored the pivotal role of artificial intelligence in shaping the future of finance during a keynote speech at Money 20/20 Asia, positioning the digital lender as a fr
Tech

LG Electronics receives top supplier award from Toyota

LG Electronics announced Tuesday that it has been recognized by Toyota Motor for its innovation and reliable supply of high-quality automotive electronic components, strengthening its position in one
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Korea, Thailand resume EPA talks to boost trade ties

South Korea and Thailand are holding their fifth round of negotiations this week to finalize the Economic Partnership Agreement aimed at deepening bilateral trade and investment ties, Seoul's Trade Mi
Tech

LG Display unveils in-house AI assistant to up productivity

LG Display said Monday it has become the first company in the display industry to internally develop and deploy an artificial intelligence assistant service tailored to enhance employee productivity.
Companies

The Ritz-Carlton to return to Seoul in 2031

The Ritz-Carlton, a top-tier luxury hotel brand, is set to return to South Korea, having been selected to operate a hotel at the redeveloped Millennium Hilton Seoul site by 2031, the asset manager for
Tech

Naver signs licensing deal with Universal Music to elevate creators’ content

Naver said Friday it has signed a music licensing agreement with Universal Music Group, the world’s largest record label, allowing creators on its short-form video platform Clip to use a vast library
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Alaska governor, DOE official call for stronger Korea-US LNG cooperation

The governor of Alaska signaled the state’s interest in partnering with South Korea on liquefied natural gas development and reaffirmed its commitment to long-term energy cooperation at a forum hosted
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Korea scores 1st nuclear research reactor project from US

A Korea-led consortium has signed a contract to work on a research reactor project in the United States, marking the country’s first-ever export of reactor technology to the US. According to the Minis
Tech

Apple Intelligence review: Smooth start for Korean support, with room to grow

US tech giant Apple’s new artificial intelligence service, Apple Intelligence, has officially launched Korean-language support this month, marking a significant step in localizing its smart features f
Companies

Low-cost, high-margin: How Mega Coffee is outperforming Starbucks Korea

Budget coffee chains are proving there’s still room to thrive in South Korea, however saturated the local market may be. Taking the lead is Mega Coffee, now the front-runner in both sales and store co
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Wealthy Koreans shift focus from real estate to gold, bonds and crypto

More wealthy South Koreans are eyeing diversification of their investments, seeking out safe-haven assets such as gold and bonds in their portfolios instead of real estate, a traditional investment he

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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