Tag: Seoul
Hyundai launches first model with dedicated electric vehicle platform
Hyundai Motor, South Korea's biggest car producer, on Tuesday launched its first model with a dedicated battery electric vehicle (BEV) platform.
The...
Samsung heir not to appeal 2.5-year imprisonment ruling in corruption scandal
Samsung Electronics Vice Chairman Lee Jae-yong will not appeal the ruling that sentenced him to two and a half years in prison for corruption...
Reports: Samsung heir sentenced to prison during corruption trial
dpa/GNA - The heir to Samsung's corporate empire, Lee Jae-yong, has again been sentenced to prison in a reopened corruption trial, local media...
Samsung heir sentenced to 2.5 years in prison for corruption
Samsung Electronics Vice Chairman Lee Jae-yong was jailed Monday for corruption linked to his management succession.
The Seoul High Court sentenced Lee,...
Samsung launches new Galaxy S21 smartphones
dpa-AFX/GNA - South Korean electronics giant Samsung Electronics Co. on Thursday launched three Galaxy S21 smartphones, including flagship Galaxy S21 Ultra.
Galaxy S21 Ultra...
Court upholds South Korean ex-president Park’s 20-year jail sentence
dpa/GNA - South Korea's highest court upheld the 20-year prison sentence of ex-president Park Geun Hye on Thursday.
The Supreme Court in Seoul said...
Kim again calls for strengthening of North Korea’s nuclear capabilities
dpa/GNA - North Korea's ruler Kim Jong Un has reiterated his call for an expansion of the isolated country's nuclear capabilities at the close...
North Korea’s Kim consolidates power with new title
dpa/GNA - North Korean leader Kim Jong Un has consolidated his position at the top of the country's ruling Workers' Party and has...
Kim calls US North Korea’s ‘biggest enemy’ regardless of president
dpa/GNA - Kim Jong Un called the United States his country's "biggest enemy" and threatened to continue advancing North Korea's nuclear programme, state media...
Samsung expects jump in last quarter profit thanks to demand for memory chips
dpa/GNA - Samsung is expecting a jump in its profits for the last quarter of 2020.
In the last year, Samsung has benefited from...
S.Korean court orders Japan to pay damages to WWII sex slavery victims
A South Korean court on Friday ordered Japan's government to pay damages to the South Korean victims who were forced into sex slavery for...
North Korean ruler Kim admits mistakes during party meeting
dpa/GNA - North Korea's leader Kim Jong Un has admitted economic policy mistakes at the start of a new congress of the ruling...
South Korea extends coronavirus restrictions around Seoul
dpa/GNA - With the coronavirus pandemic resurging in and around South Korea's capital, authorities on Saturday decided to maintain current restrictions on public...
South Korea reports new virus strain cases in arrivals from Britain
South Korea has recorded three cases of the new variant of the coronavirus that appeared in Britain, the country's disease control agency reported Monday.
The...
S. Korea’s capital area to ban gatherings of 5 or more people to contain...
The municipal governments of South Korea's capital area decided Monday to ban the gatherings of five or more people to contain the fast spread...
North Korea’s Kim makes first public appearance in almost a month
North Korean leader Kim Jong Un has reportedly appeared in public for the first time in 25 days, South Korean news agency Yonhap said...
Korean Air to buy Asiana, becoming world’s 10th-largest carrier
Korean Air Lines, South Korea's largest carrier, says it wants to acquire its smaller domestic rival Asiana Airlines.
In a statement, Korean Air and its...
South Korean president says to never stop efforts for denuclearization, peace settlement
South Korean President Moon Jae-in said on Friday that his country will never stop efforts for the denuclearization of and the peace settlement in...
Court upholds 17-year sentence for former South Korean president Lee
South Korea's Supreme Court upheld a lower court ruling that sentenced former president Lee Myung Bak to a 17-year prison term on embezzlement and...
South Korea loosens social distance rules amid downward virus trend
In view of a downward trend in new infections with the coronavirus, South Korea has relaxed the rules put in place to reduce the...
Dozens injured as 33-storey building in South Korea goes up in flames
Dozens of people are injured after a 33-storey apartment building went up in flames on Thursday night in the South Korean city of Ulsan,...
South Korea: Franklin Hoet Linares condemns harassment of Shincheonji leader
A member of the International Jurists Committee of the Heavenly Culture, World Peace, Restoration of Light (HWPL), a not-for-profit organization, Mr. Hoet Linares says...
Hyundai Motor sees operating profit halve in second quarter over COVID-19
Hyundai Motor, South Korea's biggest automaker, saw operating profit halve in the second quarter owing to an economic fallout from the COVID-19 outbreak across...
S.Korean president to push for DPRK-U.S. talks before U.S. presidential election
South Korean President Moon Jae-in has said that his country will make all-out efforts to ensure that the Democratic People's Republic of Korea (DPRK)...
N.Korea removes loudspeakers from border, suspends military action against S. Korea
The Democratic People's Republic of Korea (DPRK) was seen removing loudspeakers set up from Sunday afternoon in the border areas with South Korea, multiple...
South Korea expresses deep concern over DPRK’s military action plans
South Korea's defense ministry on Wednesday expressed deep concern over the military action plans announced by the army of the Democratic People's Republic...
At least 25 killed in South Korea’s blaze at warehouse construction site
At least 25 people were killed in a blaze that broke out at a warehouse construction site in Gyeonggi province, South Korea, local media...
LG Electronics post 2nd-biggest operating profit in Q1
LG Electronics, South Korea's tech giant, posted the second-biggest operating profit in the first quarter on the brisk sale of premium TVs and home...
Samsung Electronics posts growth in Q1 operating profit
Samsung Electronics, South Korea's tech behemoth, posted a growth in the first-quarter operating profit, the company said Wednesday.
Consolidated operating profit expanded...
South Korea’s ruling party wins landslide victory in parliamentary polls amid COVID-19 outbreak
South Korean President Moon Jae-in's ruling Democratic Party has won a landslide victory in parliamentary elections held amid the COVID-19 pandemic.
The governing Democratic Party...