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Kia to Launch Stinger Sports Sedan in May, with Independent Badge

Kia to Launch Stinger Sports Sedan in May, with Independent Badge

SEOUL, March 27 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Monday it will domestically launch its Stinger sports sedan in May in a move to strengthen its premium lineup.  In the domestic market, the high-performance car will be the carmaker’s first sedan which will carry an independent Stinger badge [...]

N. Korea Releases Synthesized Video of Shooting at American Forces

N. Korea Releases Synthesized Video of Shooting at American Forces

SEOUL, Mar. 26 (Korea Bizwire) – North Korea released Sunday a synthesized video showing North Korean shooting athletes targeting American military forces, accusing the U.S. of threatening a nuclear war on the Korean Peninsula. The two-minute video, posted on North Korea’s propaganda website DPRK, starts with images of North Korean shooting athletes engaged in training. [...]

S. Korean Alloy Maker Quits U.S. Market After Heavy Anti-dumping Duty

S. Korean Alloy Maker Quits U.S. Market After Heavy Anti-dumping Duty

SEOUL, Mar. 27 (Korea Bizwire) — A mid-size South Korean alloy maker has decided to withdraw from the U.S. market after being slapped with prohibitively heavy anti-dumping duty over its exports to the U.S., the trade ministry said Sunday. The U.S. Department of Commerce has recently sealed its decision to levy a 54.69 percent anti-dumping [...]

LG Expresses Strong Confidence in Safety of G6 Battery

LG Expresses Strong Confidence in Safety of G6 Battery

SEOUL, Mar. 27 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. unveiled its test lab to the public for the first time to reassure customers of the safety of its flagship smartphone G6 and its battery, industry watchers said Sunday. The company last week took the press on a tour of its smartphone [...]

Pet Stories from South Korea’s Presidential Hopefuls

Pet Stories from South Korea’s Presidential Hopefuls

SEOUL, March 25 (Korea Bizwire) – Animal welfare has been a centerpiece of debate for South Korean politicians recently with the rising popularity of pets in the country. Data shows 21.8 percent of local households were living with animal companions in 2016 with the pet industry expected to triple by 2020 to a 6-trillion-won ($5.34 [...]

Possible Military Conflict Looms Large Over Korean Peninsula

Possible Military Conflict Looms Large Over Korean Peninsula

SEOUL, March 24 (Korea Bizwire) – As North Korea’s development of weapons of mass destruction continues to threaten security in East Asia and jeopardize its already compromising position in the world, speculation is growing over the possibility of global military conflict on the Korean Peninsula involving China and the U.S. The shocking prospect of another [...]

Recent Years in Numbers: Crime Rose, Volunteering Decreased

Recent Years in Numbers: Crime Rose, Volunteering Decreased

SEOUL, March 24 (Korea Bizwire) – Crime in South Korea is on the rise, while the number of volunteers is continuously falling, according to a new report by Statistics Korea published yesterday. The surprising findings revealed that only 10.4 percent of individuals younger than fifteen participated in any type of volunteer work over the past [...]