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 [...]
POHANG, Nov. 23 (Korea Bizwire) – Following a local court’s decision to grant emotional damages compensation to citizens of the city of Pohang affected by an earthquake, a surge in similar lawsuits has overwhelmed legal channels. The websites of law firms managing these cases have crashed due to high traffic, and civic organizations and law offices [...]
CHUNCHEON, Oct. 26 (Korea Bizwire) – Since the beginning of this year, the coastal region of Gangwon Province along the East Sea has experienced a total of 84 seismic events, including both large and small earthquakes. This increased seismic activity has elevated the risk of structural damage. However, it is concerning to note that only 10 [...]
SEOUL, May 15 (Korea Bizwire) — An unusual rash of earthquakes off the northeastern coast in recent months has sparked concerns among the public, with experts not ruling out the possibility of a larger seismic event hitting the region. Early Monday, a 4.5 magnitude earthquake occurred in waters about 59 kilometers northeast of the eastern [...]
SEOUL, Feb. 21 (Korea Bizwire) — Following the earthquake in Turkey, South Koreans are increasingly concerned about the safety of their homes and buildings. The number of people seeking information on earthquake-resistant design at apartment management offices and online inquiry sites has spiked dramatically. On internet forums where prospective residents discuss new apartment complexes, it [...]
SEOUL, Feb. 15 (Korea Bizwire) — The devastating earthquake that occurred in Turkey and Syria last week turned out to have impacted not only the South Korean landmass but also its underground water levels. A research team from the Korea Institute of Geoscience and Mineral Resources detected a change in the underground water levels at [...]