Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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KT launches new mobile plans for foreign residents
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Harley-Davidson to fix faulty oil tank
Harley-Davidson Korea announced on Wednesday that oil tanks fitted in 833 XL Sportster and XR1200 vehicles sold in Korea will be replaced due to faults that may develop in cold conditions.According to the company, oil tanks fitted in model year 2004 to 2009 XL Sportster motorcycles and 2009 XR1200 could become damaged when condensation within the tank freezes in low temperatures. The company will
MobilityMarch 20, 2011
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Hyundai adds diesel engine to i30 lineup
Hyundai Motor Co. added the new U2 diesel engine to the i30 and i30CW compact car lineup on Wednesday. The new 1.6-liter U2 diesel engine puts out 128-brake horsepower, and manages 18.1 kilometers per liter with automatic transmission, and 22 kilometers per liter with manual transmission, which according to the company is about 10 percent more efficient than the older diesel engine. i30The engine
MobilityMarch 20, 2011
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Small vehicles shine amid oil hikes
City car sales jump 45% in Feb. on low costs, convenience, numerous incentivesYoon So-ra had been dreaming of a sleek, smooth-driving sedan for her first car. After three years on her first job, the 27-year-old office worker is now more budget-conscious and leaning toward cheaper, energy-saving small cars.“I first thought of buying a mid-size used car,” Yoon said while looking around a Kia Motor C
MobilityMarch 20, 2011
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Jumbo size burger introduced at GS Supermarkets
A jumbo burger four times bigger than the McDonald’s bulgogi burger has hit the market.Named “The Greatest Burger,” it is has been available for sale since Friday at GS Supermarkets nationwide. The super-sized burger, which is 25 centimeters in diameter and weighs about 600 grams, is served in a cardboard box, not wrapped in a paper, as it is about the size of a regular-sized pizza. Although the p
March 20, 2011
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More Korean businesses join campaign to support Japan
Korean businesses including Hyundai Motor Group, SK Group and S-Oil have forged financial support for Japan in the aftermath of the massive earthquake and an ensuing tsunami it suffered last week, they said Thursday. Hyundai Motors Group will donate $1.3 million to Korean Red Cross which will be delivered to the Japanese Red Cross and be spent on buying blankets and food, it said. “We express our
IndustryMarch 20, 2011
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Toyota recalls Lexus vehicles in S. Korea on faulty floor mats
Toyota is voluntarily recalling its Lexus vehicles in South Korea to address problems with removable floor mats that could cause accelerators to get stuck, the country's transportation ministry said Sunday. RX350 (Yonhap News) Toyota Korea, the local distributor of the Japanese automaker, will recall 2,571 Lexus vehicles sold between February 2003 and July 2006. They include 2,292 Lexus RX330 c
MobilityMarch 20, 2011
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Warren Buffett due in S. Korea
U.S. investor Warren Buffett will arrive in South Korea Sunday on a trip that includes a meeting with President Lee Myung-bak. The chairman and CEO of U.S. conglomerate Berkshire Hathaway will arrive in Daegu, a city located some 300 kilometers southeast of Seoul, to attend the groundbreaking ceremony on Monday of a company owned and directed by Berkshire Hathaway. Daegu-Tech, a metal-cutte
IndustryMarch 20, 2011
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DuPont faces antitrust claims filed by Kolon
WASHINGTON -- South Korea's Kolon Industries Inc. has won a U.S. appeals court decision obliging a lower court to examine DuPont's alleged monopolization of the U.S. market for para-aramid fibers used for high temperature-resisting goods. "Whether Kolon's proffered relevant geographic market definition will hold up upon a fact-intensive inquiry remains to be seen," the U.S. Court of Appeals f
IndustryMarch 20, 2011
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Teams race to reconnect power to Japan nuke plant
FUKUSHIMA, Japan (AP) -- Emergency workers racing to cool dangerously overheated uranium fuel scrambled Saturday to connect Japan's crippled reactors to a new power line, with electricians fighting tsunami-shattered equipment to restart the complex's cooling systems. Though the power line reached the complex Friday, making the final link without setting off a spark and potentially an explosio
TechnologyMarch 19, 2011
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Hyundai Motor recalls 190,000 cars in U.S. on faulty airbag
Hyundai Motor Co., South Korea's top automaker, recalled 190,000 vehicles sold in the U.S. market on airbag-related defects, a U.S. government agency said on Saturday. According to the Web site for the U.S. National Highway Traffic Safety Administration (NHTSA), Hyundai issued an recall of about 190,000 Elantra sedans sold between 2006 and 2008 in the U.S. to repair a defect in airbag sensors
MobilityMarch 19, 2011
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SDI agrees to pay US$32 mln in fines for price fixing conspiracy: Justice Dept.
WASHINGTON (Yonhap) -- South Korea's Samsung SDI Co. has agreed to pay US$32 million in fines for trying to fix the prices of color display tubes used for computer monitors, the Justice Department said Friday. "Samsung SDI Company Ltd. has agreed to plead guilty and to pay a $32 million criminal fine for its role in a global conspiracy to fix prices, reduce output and allocate market shares o
IndustryMarch 19, 2011
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Massages of the world in Seoul
Find peace in the city with exotic massages including Swedish, Thai and IndianIf working hard has left you keen for a break, but you’re all out of holidays, then look no farther than Seoul. For exotic, blissful relaxation in the big city ― on a range of budgets ― let your mind travel and your body experience the pleasure of some of the world’s best massage traditions. Swedish massage at the Grand
TechnologyMarch 18, 2011
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Samsung eyes record 2011 profit
Samsung Electronics Co. is aiming to set new records in annual operating profit and revenue this year though business conditions are expected to be unfavorable, its chief executive said Friday. Samsung, the world’s top memory chipmaker, posted an all-time high operating profit of 17 trillion won ($15 billion) in 2010. Its revenue also stood at a record high of 155 trillion won.“Market conditions i
IndustryMarch 18, 2011
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SC First Bank to close 27 branches
Standard Chartered First Bank Korea, the local unit of Britain-based Standard Chartered Group, said Friday it plans to close 27 branches in the nation by June to improve efficiency.Employees at the closed branches will be relocated to other operations, said the lender which operates 418 branches in the nation.“SC First Bank plans to cut 27 small branches in a bid to boost efficiency and diversify
IndustryMarch 18, 2011
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Hanwha opens U.S. solar research center
Hanwha Group said Friday that it has established a research center in Silicon Valley in the United States to develop next-generation solar energy technologies including solar cells.The establishment of Hanwha Solar America marks the group’s latest efforts to enhance its solar energy business. Its affiliate Hanwha Chemical Co. acquired 49.9 percent of Shanghai-based solar-products maker Solarfun Po
IndustryMarch 18, 2011
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Carmakers cutting output due to supply shortage
Some automakers in Korea are considering reducing their output due to a shortage of parts from their Japanese suppliers hit by last week’s powerful earthquake, company officials said Friday.Renault Samsung Motors Co., Renault SA’s Korean unit, will cut production at its Korean factory to prepare for a potential parts supply disruption the company said. The carmaker will cut overtime work at its fa
IndustryMarch 18, 2011
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Korea to tighten quake rules on small buildings
Korea is seeking to tighten its construction code for smaller buildings in order to better protect them from massive earthquakes, the land and transportation ministry said Friday.The move comes as concerns are growing that Korea might not be immune from massive earthquakes like the one that hit Japan last week. Experts are also calling for the government to step up its efforts to better brace for
IndustryMarch 18, 2011
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NASA spacecraft now circling Mercury _ a first
WASHINGTON (AP) _ For the first time, Earth has a regular orbiting eye-in-the-sky spying on the solar system's smallest and strangest planet, Mercury.NASA's spacecraft called Messenger successfully veered into a pinpoint orbit Thursday night after a 6 1/2-year trip and 4.9 billion miles (7.9 billion kilometers) and tricky maneuvering to fend off the gravitational pull of the sun. It is the fifth p
IndustryMarch 18, 2011
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Samsung eyes record operating profit in 2011
South Korean tech giant Samsung Electronics Co. said Friday that it aims to post a record operating profit for the whole of 2011 by cementing its leadership in existing businesses. "Competition among companies will intensify this year but we will try to extend revenue growth from last year and post a record-high operating profit," Choi Gee-sung, Samsung's chief executive officer, said in a stat
IndustryMarch 18, 2011
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Health fears rise amid Japan crisis
Fears about health risks rose dramatically in Japan on Tuesday with news of a greater radiation release and renewed warnings to remaining residents within 20 miles to stay indoors.Japanese officials said that more radiation was released at a nuclear plant disastrously damaged by last week’s tsunami. Prime Minister Naoto Kan said radiation had spread from four reactors.“The level seems very high, a
TechnologyMarch 17, 2011