SEOUL, Oct. 20 (Korea Bizwire) – More than a month has passed since North Korea’s last military provocation, an intermediate-range ballistic missile launch, with U.S. President Donald Trump set to visit South Korea within a few weeks. The gap between the North Korean government’s controversial missile tests is the longest hiatus of military provocation since South [...]
SEOUL, Oct. 20 (Korea Bizwire) – Kia Motors Corp.’s Niro hybrid has been selected as the most reliable new car in a U.S. annual survey of automobile owners, the company said Friday. Helped by fuel efficiency and enough load space capacity, the Niro crossover debuted as the least problematic car among 640,000 vehicles in this year’s Consumer Reports 2017 Auto Reliability Survey, a Kia spokesman said. Kia’s lowest scoring model is the Sportage sport-utility vehicle, which has average reliability, the [...]
SEOUL, Oct. 20 (Korea Bizwire) – Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Friday it will temporarily offer flights to Johor Baharu in Malaysia early next year to meet travel demand during the winter holiday season. Jin Air plans to deploy its B777-200ER jet configured to take 393-seats on [...]
BUSAN, Oct. 20 (Korea Bizwire) — The southern port city of Busan is home to a new group dedicated to minimum voting age reforms, which is expected to push for the voting rights of 18-year-olds in South Korea. The newly-launched Busan unit of the youth rights group committed to reforming youth laws announced on Friday that [...]
SEOUL, Oct. 20 (Korea Bizwire) — The commercial for LG’s new cordless vacuum cleaner, the ‘Cord Zero A9’, has proven a marketing success, hitting over three million views, the company said on Friday. The commercial released late last month for the new cordless vacuum has attracted over three million views only three weeks after it was [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korean consumer electronics producers Samsung and LG have said American refrigerator manufacturer Whirlpool’s growing calls for U.S. trade authorities to impose safeguard tariffs on its rivals could restrict choices for consumers. The two South Korean electronics giants are increasingly having to defend their position in the U.S. refrigerator market [...]
SEOUL, Oct. 19 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Thursday its sales in China plunged 42 percent in the January-September period amid the long-drawn bilateral diplomatic row over an anti-missile system. From January to September, Hyundai Motor Co. and its affiliate Kia Motors Corp. sold a combined 702,017 vehicles, down from 1.2 million units from a year earlier, according to the companies’ sales data. Hyundai Motor suffered [...]
SEOUL, Oct. 19 (Korea Bizwire) – A Seoul court ruled Thursday in favor of Samsung C&T Corp. and found its 2015 merger with another affiliate was lawful. The Seoul Central District Court turned down the request from Ilsung Pharmaceutical Co., a former major stakeholder of Samsung C&T, to nullify the merger with Cheil Industries Inc. The controversial merger of the two Samsung units was seen as part of the group’s succession plan for its heir Lee Jae-yong [...]
SEOUL, Oct. 19 (Korea Bizwire) – New government data has revealed that North Korean leader Kim Jong-un has made significantly fewer public appearances this year, while focusing on military activities. According to data released by the Ministry of Unification on Wednesday, Kim had appeared in public on 75 occasions from the beginning of this year [...]
DAEJEON, Oct. 19 (Korea Bizwire) – The Korea Atomic Energy Research Institute has announced it will offer 45 kilograms of low-enriched uranium-molybdenum concentrate powder to Kyoto University over the next two years for research purposes, according to a statement released Wednesday. The uranium-molybdenum (U-Mo) nuclear fuel powder developed by researchers at the Korea Atomic Energy Research [...]