SEOUL, April 24 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Tuesday it has developed an advanced suspension system that helps reduce the body lean of cars during cornering. The company said five years of work went into its electrical Active Roll Stabilization (eARS), which not only improves handling on turns but also [...]
SEOUL, April 24 (Korea Bizwire) – K-pop singer Jang Hyun-seung and celebrity athlete Shin Soo-ji ended their romantic relationship, the singer’s agency said Tuesday. Cube Entertainment said the two decided to remain good friends and that it wasn’t clear when they split up. Jang, a former member of the now-defunct idol group BEAST, and Shin, a star gymnast-turned-pro bowler, started seeing each other last fall and [...]
SEOUL, April 24 (Korea Bizwire) – Hyundai Motor Co. said Tuesday that Vice Chairman Chung Eui-sun plans to check new market trends and vehicles made by rival carmakers at the upcoming Beijing Motor Show. The company said Chung met with executives from Beijing Hyundai Motor Co. and its affiliates earlier in the day to discuss [...]
SEOUL, Apr. 24 (Korea Bizwire) — Municipalities across South Korea are considering cooperation with North Korea including cultural exchanges ahead of major peace talks. Buoyed by the PyeongChang Winter Olympics and the upcoming peace talks, a number of local governments are toying with the idea of resuming economic and cultural exchanges with the North, which came [...]
SEOUL, Apr. 24 (Korea Bizwire) — The city of Gyeongju has announced that it will open a colostrum bank in a bid to protect and nurture calves. Gyeongju is the largest producer of Korean native cattle, known as Hanwoo, with 30,000 calves raised in the city every year, according to the Gyeongju Agricultural Technology Extension Center. [...]
SEOUL, Apr. 24 (Korea Bizwire) — The number of outbound South Korean women travelers outstripped men for the first time last year. According to a report released by the Korea Association of Travel Agents, over 24.83 million South Korean women traveled abroad last year, excluding flight attendants who accounted for 6.3 percent. In the meantime, the [...]
SEOUL, Apr. 24 (Korea Bizwire) — Consumer spending has risen in South Korea amid fears over fine dust, a new big data study has revealed. Lotte’s membership brand L.POINT said on Monday that consumer spending in March rose by 3 percent compared to the previous month. L.POINT revealed that sales of products associated with combating fine [...]
SEOUL, Apr. 24 (Korea Bizwire) — Seoul has announced plans to do away with disposable plastic umbrella covers starting from next month. The Seoul Metropolitan Government will no longer use plastic umbrella bags at public buildings and subway stations from May as part of efforts to reduce the use of disposable products. “In light of the [...]
SEOUL, April 23 (Korea Bizwire) – North Korea’s military has been switching off its loudspeaker broadcasts directed at South Korea in the border area in response to a similar decision by the South ahead of an inter-Korean summit this week, a government source said Monday. “The North Korean military had about 40 loudspeakers for anti-Seoul propaganda in the vicinity of the military demarcation line (MDL), [...]
SEOUL, April 23 (Korea Bizwire) – Prime Minister Lee Nak-yon met with Tunisian Foreign Minister Khemaies Jhinaoui in Seoul on Monday and discussed ways to strengthen substantial cooperation between the two countries, Lee’s office said. Jhinaoui was on a visit to South Korea, leading Tunisia’s delegation to a meeting of the South Korean-Tunisian Joint Commission formed to enhance bilateral cooperation. This [...]