SEOUL/POHANG, Feb. 10 (Korea Bizwire) — A 4.1 magnitude earthquake struck off the southeastern city of Pohang on Sunday, but there have been no reports of damage, meteorological officials said. The quake happened at 12:53 p.m. in waters 50 kilometers northeast of the port city at a depth of 21 km, officials at the Korea [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea needs to set up a contingency plan in preparation for a possible 7.3-magnitude earthquake, a local expert said Tuesday. In a seminar arranged by the Federation of Korean Industries, Lee Kie-hwa, a professor at the Seoul National University’s College of Natural Sciences, advised the country to prepare [...]
SEOUL, Nov. 16 (Korea Bizwire) – While the city of Pohang and its surrounding regions continue to deal with aftershocks from the 5.4-magnitude earthquake that struck the day before, the government delivered its own stunning blow by postponing the state-administered college entrance exam to November 23. Originally scheduled to take place on November 16, the [...]
SEOUL, Nov. 16 (Korea Bizwire) — More than 1,500 residents have been left without homes and dozens are injured, with facility damage piling up after a magnitude 5.4 quake struck South Korea’s southeast a day earlier, authorities said Thursday. The rare earthquake, second-strongest since 1978, hit north of the port city of Pohang on Wednesday [...]
POHANG/SEOUL, Nov. 15 (Korea Bizwire) — A rare 5.4-magnitude earthquake struck the southeastern city of Pohang on Wednesday afternoon, damaging buildings, breaking windows and sending people running from homes. Tremors were felt as far as Seoul hundreds of kilometers away. Fourteen people were hurt as of 7 p.m., firefighters said. Most suffered minor injuries while [...]
MEXICO CITY, Sept. 22 (Korea Bizwire) — With a series of powerful earthquakes hitting Mexico and leaving hundreds of people dead, the Korean business community in the country is beginning to feel the negative impact of the devastating natural disasters. Though Mexico City, which was been rocked by a magnitude 7.1 earthquake, is slowly recovering [...]
SEOUL, Sept. 4 (Korea Bizwire) — The aftershocks of the earthquake in Gyeongju last year, recorded as the most powerful quake in South Korea since 1978, are still ringing through the minds of government officials, who announced on September 3 that a package of regulatory policies creating safety measures to guard against future earthquakes will [...]
SEOUL, Aug. 22 (Korea Bizwire) – South Korea will provide $200,000 worth of humanitarian aid to Nepal, which was hit hard by recent heavy rains and floods, the foreign ministry said Tuesday. The heavy rains that started late last week and the resulting floods and mudslides in Nepal have killed more than 130 people so [...]
SEOUL, Dec. 16 (Korea Bizwire) – The recent South Korean blockbuster disaster film “Pandora” was the first of its kind to see nuclear power plants play a pivotal role in the plot. The movie, which is reminiscent of the Fukushima nuclear meltdown in 2011, takes place in an eastern coastal city of South Korea that [...]
SEOUL, Dec. 16 (Korea Bizwire) – All newly-built houses in South Korea will be equipped with earthquake-resistant structures starting in the second half of next year under the government’s comprehensive measures against the natural disaster, a related ministry announced Friday. The government has also decided to pour 2.8 trillion won (US$2.3 billion) by 2020 to [...]