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The Korea Herald

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Korea on high alert as Middle East tensions fuel oil spike, won devaluation

Korea on high alert as Middle East tensions fuel oil spike, won devaluation

South Korea’s market authorities are on high alert amid the escalating conflict in the Middle East, as surging oil prices threaten the local economy, which relies heavily on energy imports. Iran’s thr

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First female CEO of Naver picked as SME minister nominee

President Lee Jae-myung on Monday nominated Han Sung-sook, former CEO of Naver, as minister of SMEs and Startups. Han, 58, is a first-generation IT expert who played a key role in the growth of Naver,
Tech

LG supports Korean War veterans in Ethiopia, US, Thailand

LG Electronics said Monday it had provided food, daily necessities and financial support to 54 surviving Korean War veterans in Ethiopia, the only African nation that dispatched ground troops to the 1
Companies

All-New Nexo: Hyundai’s hydrogen SUV roars back with 720km range

Hyundai Motor Company’s Nexo SUV, the world’s bestselling hydrogen fuel cell vehicle, has returned with the first full-change model since its launch in 2018, embodying its 27-year-long hydrogen mobili
Markets

Korea’s bad bank returns: Who it helps, who it hurts, and why now?

The South Korean government’s plan to launch a “bad bank” to ease the burden on individuals struggling with loan or debt repayment has drawn mixed reactions. Some view the initiative as a safety net f
Companies

Volvo’s XC40 tops rivals in H1 sales as limited editions fuel demand

Volvo's compact sport utility vehicle, the XC40, topped sales in its segment for the first half of this year, according to the Korea Automobile Importers & Distributors Association on Friday. The XC40
Markets

Korea falls short in MSCI review despite market reform push

Korea’s investment barriers for foreign investors remain in place despite recent foreign exchange market reforms, Morgan Stanley Capital International said Friday, casting doubt on the country’s prosp
Tech

Naver shares surge on AI optimism, hit 52-week high

Naver shares surged for the second consecutive session on Thursday, buoyed by investor optimism over the Lee Jae Myung administration’s commitment to nurturing the domestic artificial intelligence sec
Markets

Kimchi, ginseng and halal beef: Korea's food diplomacy gets foothold in UAE

DUBAI, United Arab Emirates — Welcoming a contingent of Korean food makers, an exhibition hall in Dubai, United Arab Emirates, turned into a vibrant showcase of Korea’s food industry Tuesday. The 2025
Tech

Apple joins Google in push to export Korea's high-precision map data

The debate over the overseas transfer of South Korea’s high-precision map data, a sensitive issue that had been largely dormant since the launch of President Lee Jae Myung’s administration, has reigni
Markets

Cornerstone reenters Korea to tap Asia’s executive market

Cornerstone International Group is betting big on Asia’s dynamic skilled worker market, reopening its Seoul office as the American executive search powerhouse seeks to capture the region’s most covete
Markets

AmCham wraps up 2025 Washington Doorknock with push for deeper US-Korea economic ties

The American Chamber of Commerce in Korea said Tuesday it successfully concluded its 2025 Washington Doorknock from June 9 to 12, marking a major private-sector engagement with the US under Korea’s ne
Markets

Korea Eximbank backs record solar project in Saudi Arabia with $225m loan

South Korea’s policy lender will provide $225 million in project financing for a solar power plant in Saudi Arabia, the largest overseas solar project undertaken by a Korean company, the Export-Import
Companies

Coupang launches one-week summer Black Friday sale

South Korean e-commerce giant Coupang said on Monday it will hold a “Rocket Jikgu Summer Black Friday” event, offering discounts of up to 70 percent on more than 20,000 products from over 800 global b
Companies

Deutsch Automobile Group aspires to become total mobility platform

Deutsch Automobile Group, one of the biggest dealers in Korea’s auto import industry, is zeroing in on becoming a total mobility platform company based on customer-oriented data and technology over th
Tech

Samsung Galaxy S25+ powers Van Gogh Museum tours

Samsung Electronics announced Sunday a three-year partnership with the Van Gogh Museum in Amsterdam, combining mobile innovation with cultural enrichment. Launched on June 10, the museum renewed its a
Companies

Shinsegae’s beauty gambit: Chicor rivals Olive Young in tourist hubs

South Korean retail giant Shinsegae Group is making a bold return to the cosmetics scene through its beauty select shop brand Chicor, aligning closely with the latest waves of K-beauty. A new flagship

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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