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Ulsan’s Industrial Complex Suffers amid Economic Slump

Ulsan’s Industrial Complex Suffers amid Economic Slump

ULSAN, South Korea, Jan. 11 (Korea Bizwire) – The Onsan National Industrial Complex in Ulsan, a key city for shipbuilding and petrochemical industries, is suffering its worst financial crisis since its establishment in 1974. According to local sources, some 30 factory sites have been put up for sale since last year, and it is the [...]

Gyeongju Trapped in Fear as Aftershocks Follow Record Earthquake

Gyeongju Trapped in Fear as Aftershocks Follow Record Earthquake

GYEONGJU, South Korea, Sept. 21 (Korea Bizwire) – Gyeongju was struck by another magnitude-3.5 aftershock Wednesday morning, adding to the fear spreading across the region since Korea’s historic 5.8-magnitude temblor jolted the peninsula on September 12. The aftershock took place at 11:53 a.m., with the epicenter located some 10 kilometers southwest of the historical city.  [...]

‘Pokemon Go’ Might Launch in Korea Next Month

‘Pokemon Go’ Might Launch in Korea Next Month

SEOUL, July 27 (Korea Bizwire) – The official launch date of the sensational augmented-reality (AR) smartphone game ‘Pokemon Go’ in South Korea will be determined early next month as the Korean government will decide whether Google Maps – the core of Nintendo’s popular game – will be permitted to make use of detailed map data in Korea. [...]

Korea Questioning Building Safety after 5.0-Magnitude Earthquake

Korea Questioning Building Safety after 5.0-Magnitude Earthquake

BUSAN, July 6 (Korea Bizwire) – A 5.0-magnitude underwater earthquake with an epicenter only 52km off the coast of Ulsan was detected Tuesday night at 8:33 p.m. Although no casualties or damages resulted from the event, the tremor was sensed across the nation, and citizens in Ulsan and nearby regions panicked as they felt the ground [...]

Tsunami Safety Drill Held in Ulsan

Tsunami Safety Drill Held in Ulsan

ULSAN, March 24 (Korea Bizwire) – A safety drill to raise awareness and ensure adequate preparation for tsunamis was recently held in Ulsan. Although Koreans feel the need for safety drills when watching earthquakes and tsunamis hit other countries, as Korea is often considered to be a ‘safety zone’, these types of drills are often neglected. The [...]