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Articles by 배지숙
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Hyundai launches new SonataTransportJul 2, 2015Hyundai Motor on Thursday launched the 2016 Sonata, the facelift version of its best-selling sedan, in an attempt to win back midsize sedan buyers who have recently been drawn to foreign diesel cars or sport utility vehicles. Opening a wider range of options, the 2016 Sonatas will come in seven different models and begin sales immediately. “The new lineup of Sonatas will show the revival of ... -
Desperation, anger in Greek bailout protestsJun 29, 2015ATHENS -- While financial leaders of the eurozone sought to agree to terms with Greece on another bailout program, people were torn over Prime Minister Alexis Tsipras, who they elected to oppose the creditors’ demands. Greece risks default if a bailout is not secured, but, unwilling to agree to creditors’ demands, Tsipras announced that the bailout offer would be put to a referendum. On the ...
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EBay to support smaller firmsIndustryJun 29, 2015EBay Korea’s star sellers pose for an award ceremony. (eBay Korea) EBay Korea, the operator of Korea’s largest online shopping site Gmarket and Auction.co.kr, signed a deal with the Small & Medium Business Corporation to support domestic small and medium-sized company’s online cross-border trade last week. The pact will help vendors receive eBay For Business, a seven-month training and educat... -
KITA promotes 'seamless e-business'IndustryJun 29, 2015Korea International Trade Association’s e-Biz Support Center has built up a reputation of being a “seamless e-Business” booster across Asia. Starting with signing a pact with the Department of International Trade Promotion of Thailand’s Ministry of Commerce for sales of the website- and marketing-design models to the Southeast Asian country, KITA is now spreading the service to Vietnam and Indo...
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Carmakers close in on driverless dreamTransportJun 28, 2015Hyundai‘s autonomous driving technology demonstration (Hyundai Motor) Google’s self-driving car (AFP) For many people who think of driving as a chore, driverless driving might just sound like a dream. But the recent news of German carmaker Audi as well as tech giant Google’s success in developing “self-driving cars” has shown that this has neared our doorstep, enabling all passengers to enjoy... -
Park says considerable progress made with Japan on sex slavesPoliticsJun 12, 2015President Park Geun-hye has said "considerable progress" has been made with Japan on the issue of former South Korean sex slaves for Japan's World War II soldiers, according to an interview posted Friday. Seoul-Tokyo relations remain badly frayed largely because of Japan's refusal to atone for its past wrongdoing stemming from its colonial rule of the Korean Peninsula from 1910-45. One of the ke...
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Hyundai Merchant to sell stake in brokerage affiliate to Japanese firmIndustryJun 12, 2015Hyundai Merchant Marine Co., South Korea's No. 2 shipping line, said Friday that it will sell off its stake in a brokerage affiliate as part of efforts to improve its financial health. In a regulatory filing, the shipping company said that its board has made the decision to sell 53,070,736 shares of Hyundai Securities to Buffalo Finance. They represent 22.4 percent of its outstanding shares. Bu...
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Ruling party unilaterally adopts confirmation report on new PMPoliticsJun 12, 2015The ruling Saenuri Party unilaterally adopted a confirmation report on Prime Minister-designate Hwang Kyo-ahn on Friday, brushing aside the opposition's resistance toward the nominee over influence-peddling and lobbying allegations. The report was adopted by the special parliamentary committee on the nominee, with only seven ruling party members of the 13-member panel present. The adoption of a ...
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6.3-magnitude quake hits off Tonga: USGSWorld NewsJun 12, 2015SYDNEY, (AFP) - A 6.3-magnitude quake struck off the Pacific nation of Tonga late Friday, the US Geological Survey said, but there was no tsunami warning. The tremor hit at 11:07 pm local time (1107 GMT) 89 kilometres (55 miles) east-northeast of Hihifo, Tonga, and 235 kilometres southeast of the Samoan capital Apia, USGS said. The Hawaii-based Pacific Tsunami Warning Center said no tsunami war...
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French court acquits Strauss-Kahn of pimping chargesWorld NewsJun 12, 2015LILLE, France, (AFP) - A French court on Friday acquitted former IMF chief Dominique Strauss-Kahn of pimping charges, drawing a line under a series of legal woes over his sexual escapades. The 66-year-old economist merely nodded his head in acknowledgement of the verdict, the finale of a colourful trial which dragged intimate details of his sex life into the public eye. His acquittal on the cha... -
WHO to hold soon MERS emergency meetingWorld NewsJun 12, 2015GENEVA (AFP) - The World Health Organization said Friday it would soon call an emergency meeting on the Middle East Respiratory Syndrome (MERS) as the death toll from the virus rises in South Korea. South Korea has suffered the largest outbreak of the virus outside Saudi Arabia. A 72-year-old woman became the latest fatality on Friday after being infected by a MERS patient at a hospital, the he...
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Airstrikes destroy part of Yemen's UNESCO heritage siteWorld NewsJun 12, 2015SANAA, Yemen (AP) _ Saudi-led airstrikes targeting Shiite rebels and their allies destroyed historic houses in the Old City of the capital, Sanaa, a UNESCO world heritage site. At least five civilians were killed and others buried under the rubble, medical officials and witnesses said. Warplanes dropped missiles apparently targeting a house occupied by a senior rebel commander, witnesses said. T...
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Samsung C&T seeks to delist DRs in BritainIndustryJun 12, 2015Samsung C&T Co., a construction and trading arm of Samsung Group, said Friday that it is seeking to delist its depositary receipts (DRs) traded on the British stock market in an apparent move to stem a possible lawsuit there by a U.S. hedge fund over its attempt to merge with its sister firm. Samsung C&T said it will report its plan to the Financial Conduct Authority (FCA), which oversees the Lo...
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Kerry to visit S. Korea next week: sourceNorth KoreaMay 11, 2015U.S. Secretary of State John Kerry will visit South Korea next week to discuss pending bilateral issues ahead of President Park Geun-hye's trip to Washington, a diplomatic source said Monday. "Secretary Kerry is scheduled to arrive in Seoul around May 17. He plans to stay overnight," the source said. "Discussions are under way (between the two nations) about his detailed itinerary." On the tab...
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N. Korea's titular head of state met China's Xi at Russian WWII eventNorth KoreaMay 11, 2015North Korea's nominal head of state, Kim Yong-nam, had briefly met with Chinese President Xi Jinping on the sidelines of an event in Moscow marking the end of World War II in Europe, but the meeting was not meaningful,according to the North's state media and a diplomatic source on Monday. Kim, president of North Korea's rubber-stamp parliament, "met and exchanged greetings" with leaders, includi...
