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[Graphic News] Global market size for luxury goods and jewelry

　According to Euromonitor International, global luxury goods sales reached $954 billion in 2017 and the global market grew 5 percent in 2018 across most segments.　Luxury cars sales accounted for almost 53 percent of all global luxury goods sales. This proportion grew over the reviewed period, and is expected to continue increasing to 2022.

Yuhan targets market for female health probiotics

UREX probiotics pioneer speaks about 30 years of research behind beneficial microbes for female health

Today
Industry
Newly selected national treasures of Korea to be unveiled to public

The National Museum of Korea will hold an exhibition next year featuring national treasures designated in recent years, according to the Cultural Heritage Administration on Tuesday. The upcoming exhibition between April and June 2020 will unveil some 100 newly designated national treasures and treasures. The items include those owned by temples, private galleries and individuals.One highlight is “Annals of the Joseon Dynasty,” a representative written record of the history of th

Today
Culture
Samsung, LG ramp up outsourcing of smartphone models

Expansion of third-party phone production viewed as part of Samsung’s biz restructuring in China

Today
Technology
Major entertainment firms tipped to log better earnings in 2020

South Korea's major entertainment agencies are expected to see improved earnings next year on growing album sales and global activities of their idol groups, analysts said Tuesday. SM Entertainment and JYP Entertainment, the two largest agencies by market capitalization, reported better-than-expected third-quarter earnings, and they are poised to deliver further improvement in their bottom lines, according to them. SM Entertainment's July-September sales rose to 173.5 billion won ($148.5 mi

Today
Industry
McDonald’s holds open-kitchen event to highlight food hygiene

McDonald’s Korea said it invited customers to its stores nationwide Tuesday for an open-kitchen event to highlight its food hygiene and safety system.The firm received applications last week from 1,600 customers hoping to participate in the event. The participants could visit any of McDonald’s 310 branches nationwide to survey its management of inventory, kitchen hygiene and the cooking process. A session was held on how McDonald’s cooks its burger patties. The company exp

Today
Industry
[Kim Seong-kon] From liberator to tyrant in ‘Game of Thrones’

Movies and television dramas are excellent social documents in that they faithfully reflect societal change and the alteration of consciousness throughout history. Sometimes they illuminate us with profound insights into and powerful criticisms of contemporary society. Since films and TV shows enjoy enormous popularity, their impact is huge, more widespread and more powerful than traditional literature. The celebrated HBO series “Game of Thrones” is a good example. In the eighth and

Today
Viewpoints
[Daniel Moss] A bigger threat than NK nukes

You know times are hard in provincial South Korea when the guy selling walkers and hearing aids can only make ends meet by day trading. Lee Ho-cheol, 52, keeps his eyes on flashing stock quotes while his shop, crammed with wheelchairs, canes and other equipment for seniors, sits empty. Lee has run the store for roughly two decades, and his plight shows just how dire things have become. Few of his neighbors make enough money sticking to their day jobs, he says, and many have turned to selling bea

Today
Viewpoints
[Editorial] No to talks for show

NK raises demands as US gives way for dialogue; impatience for quick deal could imperil S. Korea

Today
Editorial
Weak growth, trade tensions to weigh down on Korean economy in 2020: Moody’s

Credit agency maintains 2.1% outlook for next year

Today
Economy
Gangwon governor urges resumption of Kumgangsan tours

The South Korean government should resume tours to North Korea’s Kumgangsan, Gangwon Province Gov. Choi Moon-soon urged Tuesday. “Resumption of the Kumgangsan tours is the deepest wish of the Korean people, and a matter of survival for Gangwon Province and its Goseong County,” Choi said at a press conference held at the Seoul Foreign Correspondents’ Club. “The tours will help North Korea to open up to the outside world and usher in peace and stability on the K

Today
Social affairs
CIX goes political in “Hello, Strange Place,” raises voice for teenagers

CIX is striking a political tone with the boy band’s second EP, “Hello Chapter 2: Hello, Strange Place,” set for release Tuesday.Having debuted in July, the five-piece act appears to be fairly comfortable in highlighting social issues facing teenagers in South Korea in their music, such as studying too hard, school violence and neglect on the part of adults.Speaking at a press showcase, Yonghee said, “The album talks about many of the issues affecting our generation with

Today
K-pop
[Newsmaker] State broadcaster accused of demoting reporters over critical coverage of ex-minister

The national public broadcaster KBS is accused of unfairly punishing its reporters for running unfavorable stories on Cho Kuk, a close Moon Jae-in aide and former justice minister.A KBS labor union said in a statement Monday that nine reporters who covered criminal suspicions surrounding Cho faced unwarranted demotions last week. The reporters at the broadcaster’s radio news bureau have been reassigned to non-reporting positions and night shift jobs, according to the statement. “This

Today
Social affairs
14 mayors, governors file petition to save Lee Jae-myung’s governorship

Fourteen governors and mayors across the nation, including Seoul Mayor Park Won-soon, have filed a petition with the Supreme Court, asking for the acquittal of Gyeonggi Province Gov. Lee Jae-myung, who has been convicted of violating election laws.　In the petition, they asked the justices at the country’s top court to clear him of the charges so that Gyeonggi Province, with a population of 13 million, can avoid the absence of a governor and Lee can continue serving his role.　“If Gyeo

Today
Politics
$Nurse accused of fracturing newborn’s skull; more than 200,000 sign petition urging punishment$

Nurse accused of fracturing newborn’s skull; more than 200,000 sign petition urging punishment

Public rage is escalating after a newborn baby suffered brain and skull injuries owing to alleged violence at a hospital.As of 2 p.m. Tuesday, 203,880 South Koreans had signed an online petition requesting a proper investigation and punishment of the person responsible for the infant’s injury. The petition was filed by the baby’s father on Oct. 24 at the website of presidential office Cheong Wa Dae. The presidential office is required to respond to petitions that receive more than 20

Today
Social affairs

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
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