SEOUL, Aug. 23 (Korea Bizwire) — Air travelers between South Korea and Japan rose 20.8 percent on-year so far this month despite an earthquake warning issued in the neighboring country, industry data showed Friday. According to data from major airport operators submitted to Rep. Lee Yeon-hee of the main opposition Democratic Party, the number of [...]
SEOUL, Aug. 12 (Korea Bizwire) – Recent seismic activity in Japan, coupled with warnings of a potential major earthquake, has begun to cast a shadow over South Korea’s robust tourism to its island neighbor. This unease, combined with the strengthening yen, is leading some in the travel industry to speculate that the boom in Japanese tourism, [...]
BUAN, Jun. 15 (Korea Bizwire) – The magnitude 4.8 earthquake that struck the city of Buan earlier this week has amplified anxieties across South Korea about the possibility of a more devastating seismic event, prompting many to take precautionary measures like assembling survival kits. With the memory of the destructive quakes in Gyeongju in 2016 and [...]
SEOUL, Jun. 13 (Korea Bizwire) – The 4.8-magnitude earthquake that struck North Jeolla Province on the morning of June 12 served as a jarring reminder that the Korean Peninsula is not impervious to significant seismic risks, despite being located in a less active zone than neighboring Japan. While far outpacing South Korea in frequency, with an [...]
SEOUL, Jun. 12 (Korea Bizwire) – A 4.8 magnitude earthquake struck near the southwestern county of Buan on Wednesday, the strongest temblor to hit the Korean Peninsula and its surrounding waters so far this year, the weather agency said. The quake struck 4 kilometers south-southwest of the North Jeolla county, 204 km south of Seoul, [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korea will provide US$3 million worth of humanitarian assistance to Japan’s Ishikawa Prefecture to help the region cope with the aftermath of an earthquake that killed more than 200 people, the foreign ministry said Thursday. The government hopes the aid will help with the region’s recovery efforts and [...]
BOSTON, Jan. 08 (Korea Bizwire) — The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured losses to properties from the January 1 M7.5 (per the United States Geological Survey) earthquake that struck near the Noto peninsula in Ishikawa prefecture, Japan, will be between [...]
SEOUL, Jan. 2 (Korea Bizwire) — Korean Air Co. said Tuesday its flights connecting Incheon and Japan’s western prefecture of Ishikawa have been delayed after a major earthquake struck off Japan’s west coast the previous day. According to the company, flight KE775 from Incheon International Airport, west of Seoul, to Komatsu Airport in Ishikawa was [...]
SEOUL, Jan. 2 (Korea Bizwire) — A tsunami reaching as high as 85 centimeters has been observed off South Korea’s east coast in the aftermath of a powerful magnitude-7.6 earthquake in Japan’s Noto Peninsula, the weather agency said Tuesday. The quake struck the Noto Peninsula and surrounding areas in Japan’s Ishikawa Prefecture on New Year’s [...]
SEOUL, Nov. 30 (Korea Bizwire) — A 4.0 magnitude earthquake struck the southeastern city of Gyeongju early Thursday, the state weather agency said, but no damage has been reported. The quake struck the city, 277 kilometers southeast of Seoul, at around 4:55 a.m. at an estimated depth of 12 km, and five aftershocks followed until [...]