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Foreign buyers return to Korean office market

International property buyers, many of whom left Korea after the global financial crisis in 2008, are returning to Seoul in search of bargains on commercial office buildings, market sources said Frida...

Updated : 2015.04.17 19:12

Asiana temporarily halts flights to Hiroshima for safety checks

Asiana Airlines Inc., South Korea's second-largest flag carrier, said Friday that it will suspend its flights to Hiroshima, Japan, until the end of this month in order to review safety measures.The move comes after an Asiana passenger jet carrying 73 passengers skidded off the runway at Hi...

Updated : 2015.04.17 11:36

Samsung widens lead over Apple in smartphone market

South Korean tech behemoth Samsung Electronics Co. outpaced its competitors in global smartphone sales in the first quarter of 2015, widening its market share lead over its closest rival Apple Inc., data showed Friday.In terms of sales volume, Samsung took up 27.8 percent of the global sma...

Updated : 2015.04.17 10:49

Hyundai, Kia models earn 4-star safety rating in U.S.

Hyundai Motor Co.'s Accent subcompact and Kia Motors Corp.'s Sportage SUV and Rio compact each earned four out of five stars in a U.S. collision test, a report showed Friday. According to the overall safety test conducted by the U.S. National Highway Traffic Safety Administration (NHTSA), ...

Updated : 2015.04.17 10:47

Nuclear reactor suspended five days after restarting

A South Korean nuclear reactor came to a halt Thursday only five days after being restarted, due to lingering problems with its cooling system, its operator said.The No. 3 reactor at Hanbit Nuclear Power Plant in Yeonggwang, South Jeolla Province, automatically stopped operating when the r...

Updated : 2015.04.16 19:10

Eugene Corp. to jump into duty-free race

Eugene Corporation, a midsize Korean construction material company, will join the bid to win a license for an urban duty-free store in Seoul, the company said on Thursday. “Eugene has been considering entering the duty-free business internally. I believe that we have the management abilit...

Updated : 2015.04.16 19:10

[Photo News] LG innovation center

Updated : 2015.04.16 19:10

Seoul Station gets smoother airport connection

Travelers will be able to get easier access to and from Incheon airport as a new subway transfer passageway in Seoul Station opened last month, officials said. The new passageway provides foreign tour...

Updated : 2015.04.16 19:07

French confectionery firm La Cure debuts in Korea

French confectionery brand La Cure Gourmande opened its first Asian outlet in Lotte Department Store Sogong-dong branch in central Seoul, last week. The 36-square-meter store is conspicuously decorate...

Updated : 2015.04.16 19:06

KOGAS successfully raises roof of LNG storage tank

The state-run Korea Gas Corp. said Wednesday it has successfully placed a roof on its 270 million liter LNG storage tank in Samcheok, Gangwon Province ― the first and largest of its kind.The storage ...

Updated : 2015.04.16 19:05

Mobile carriers to delete users' fingerprints

South Korea's mobile carriers will destroy some 900 million fingerprints collected from their customers over the years for ID verification purposes, the telecommunication watchdog said Thursday, amid growing concerns here about protecting private data. The Korea Communications Commission s...

Updated : 2015.04.16 14:00

Audi Volkswagen emerges as No. 3 in S. Korea sales

Audi Volkswagen Korea, the local importer of the German company, outpaced GM Korea Co. in domestic sales last year, signaling a change in the car market that has been long dominated by major local makers, industry data showed Thursday.Audi Volkswagen Korea reported to financial authorities...

Updated : 2015.04.16 10:36

Officials to probe air accident in Japan

The Korean government dispatched a group of inspectors to Japan on Wednesday to find the exact cause of the accident involving an Asiana Airlines plane which overran a runway while landing at Hiroshim...

Updated : 2015.04.15 19:53

GKL mulls casino on Yeongjongdo Island

Grand Korea Leisure, which runs three foreigners-only casinos in Korea under the “Seven Luck” brand, is reviewing a plan to open another casino in Yeongjongdo Island, Incheon, home to the Incheon In...

Updated : 2015.04.15 19:51

E-Land partners with Chinese developer for luxury mansions

E-Land Group on Wednesday announced it will partner with Chinese golf resort developer Mission Hills in marketing super luxury mansions. The partnership will help Korea’s fashion-turned-lifestyle company attract Chinese tourists and investors to its leisure facilities, E-Land vice chairpe...

Updated : 2015.04.15 19:51