Park, Xi to hold summit at APEC next month

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Forest fires cause biodiversity loss: forum

Global forest experts on Tuesday discussed the negative impact of forest fires, including the loss of biological diversity, during a sideline event of the 12th meeting of the Conference of the Parties...

Updated : 2014.10.21 20:31

Korea takes lead in enhancing region’s biodiversity

The Korea National Arboretum of the state-run Korea Forest Service appears to be taking a leadership role in plant studies in East Asia based on its commitment to enhancing the region’s biological di...

Updated : 2014.10.21 20:31

Evernote seeks partnership with Kakao Talk to target S. Korea

Evernote, one of the leading mobile note-taking service providers, has been working with South Korea's top mobile messenger service, Kakao Talk, to launch a premium service for business users as early as the start of next year, its senior official said Tuesday. The U.S.-based company, who...

Updated : 2014.10.21 16:57

Korean Air starts code sharing arrangement with LAN Peru

Korean Air Lines Co., South Korea's largest full-service carrier, said Tuesday that it has started offering daily code-shared flights with LAN Peru S.A., that can greatly enhance travelers' convenience.The move allows people who want to fly from Incheon International Airport (IIA) to Lima'...

Updated : 2014.10.21 13:59

Lotte ties up with Southeast Asian retailers

South Korea's Lotte Department Store said Tuesday it has forged partnerships with major department stores in Southeast Asia to capture foreign shoppers as part of its efforts to seek new growth engines. Under the agreements signed with Singapore's Robinsons, Hong Kong's Time Square and Th...

Updated : 2014.10.21 10:15

[SUPER RICH] Hyundai Heavy shifting to third-generation ownership

In an effort to create a sense of urgency for change, Hyundai Heavy Industries, the world’s largest shipbuilder, is moving toward a generational shift in its ownership. Last Thursday, the shipbuilder...

Updated : 2014.10.20 21:03

Siemens chief meets prime minister

The chief executive officer of Siemens, Joe Kaeser, met Prime Minister Chung Hong-won, in Seoul, to discuss ways to bolster economic cooperation Monday. Kaeser, who is in Korea on an official visit, m...

Updated : 2014.10.20 20:56

Agriculture Ministry partners with Portuguese food association

South Korea’s Agriculture Ministry said Monday that it had partnered up with PortugalFoods, a Portuguese food association, at SIAL Paris 2014, an international food exhibition being held in Paris fro...

Updated : 2014.10.20 20:55

Gasoline-driven import cars recover lost ground against diesels

Gasoline-driven import cars that have been sidestepped by the popularity of their diesel siblings in South Korea made a comeback in September by capturing a 30 percent share of sales, industry sources said Monday.Data by the Korea Automobile Importers and Distributors Association showed th...

Updated : 2014.10.20 20:54

LSIS spearheads technology for railroad control systems

South Korean cable-maker LSIS said it had secured a global safety-related certification for its newly developed system for controlling unmanned trains, dubbed the Korean radio-based train control system. The cable-maker said the KRTCS had been awarded the international safety and reliabili...

Updated : 2014.10.20 20:54

Korean firms spending big on stake purchases

South Korean firms have increased spending on purchasing stakes in affiliated firms and other companies this year, seeking mergers and acquisitions to realign their business portfolios, the main bourse operator said Monday. Companies listed on the local stock market spent a total of 12.19 ...

Updated : 2014.10.20 20:54

Korea’s international air traffic grows 9.1% in Q3

South Korea’s international airline traffic rose 9.1 percent from a year earlier in the third quarter, partly on a rise in the number of flights to and from China, the government said Monday.In the three months ended Sept. 30, the number of international flights to and from South Korea ca...

Updated : 2014.10.20 20:54

Hyundai Motor launches updated Sante Fe 2015 in home market

Hyundai Motor Co. on Monday launched the updated 2015 Sante Fe midsize crossover, the latest version of one of the carmaker's steady sellers, in its home market.The popular SUV comes with an optional tire pressure monitoring system (TPMS), smart tailgate, a 220-volt inverter to recharge va...

Updated : 2014.10.20 15:20

Gasoline-driven import cars recover lost ground against diesels

Gasoline-driven import cars that have been sidestepped by the popularity of their diesel siblings in South Korea made a comeback in September by capturing a 30 percent share of sales, industry sources said Monday.Data by the Korea Automobile Importers and Distributors Association (KAIDA) s...

Updated : 2014.10.20 12:17

[Herald Interview] Saudi Arabia to benchmark Korea’s transport systems

A top official of Saudi Arabia’s capital city of Riyadh said that he would like his country to adopt Korea’s smart transportation system, which was unlike anything he has seen before. “I was impres...

Updated : 2014.10.19 20:54