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The Korea Herald

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South Korea-US talks to move forward on security initiatives

South Korea and the United States will begin formal talks next week on security initiatives stemming from last year's summit agreements, Seoul's Foreign Ministry said Friday, and likely address Seoul's push for nuclear-powered submarines and expanded nuclear fuel-cycle capabilities. The two allies will convene a two-day inaugural meeting in Seoul Tuesday and Wednesday to launch formal follow-up consultations on the security commitments outlined in the Joint Fact Sheet adopted after the October 2

The Korea Herald

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LX Hausys supplies facade material for UK rail station

LX Hausys said Thursday it supplied its acrylic solid surface material, HIMACS, for the exterior wall installation at Reading railway station in Berkshire, England, as part of its expansion into landmark architecture projects. The company said HIMACS has been increasingly adopted in high-profile buildings and public facilities worldwide, strengthening its position as a premium architectural material brand. Previous projects using the product include Shanghai Disneyland, Porsche exhibition halls

The Korea Herald

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Korea's 'value-up' push may pressure bank capital: Moody's

Moody's Ratings warned Tuesday that rising shareholder returns and policy-driven lending expansion could pressure Korean banks’ capital buffers, even as the country’s banking system remains broadly sound. The ratings agency said Korea’s corporate value-up campaign has lifted shareholder returns closer to global peers, while major financial groups have adopted clearer capital targets. “The value-up policy itself has positive aspects,” said Arlene Sohn, assistant vice president and analyst at Mood

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Korea's First Gold Coins

Daehan Jeguk, the Korean Empire, announced the enactment of the currency act in February 1901, which adopted the gold standard. However, the outbreak of the Russo-Japanese War stopped this from proper implementation. The act was reissued as a decree in accordance with the 1905 currency readjustment project. In 1906, 5-won, 10-won, and 20-won gold coins were minted in Osaka Mint Bureau in Japan. A total of 1.45 million coins had been produced and kept in Japan's Dai-Ichi Bank from 1906 to 1909. The amount of the existing Korean gold coins is highly limited since most of them were collected by the Japanese government and recycled as Japanese gold coins or gold bullion after Japan forcedly annexed Korea in 1910.

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South Korea-US talks to move forward on security initiatives

LX Hausys supplies facade material for UK rail station

Korea's 'value-up' push may pressure bank capital: Moody's

Korea's First Gold Coins