Apple Inc. said Wednesday that it will roll out the iPad 2 tablet computer in South Korea next month amid worries that high U.S. demand and component shortage may delay overseas shipments.Apple will release the iPad 2 in 25 countries, including France and Germany, this Friday and in Hong Kong, South Korea and Singapore next month, the company said in a press release. "We're experiencing amazing demand for iPad 2 in the U.S., and customers around the world have told us they can't wait to get thei

Nine out of 10 South Korean adults are afraid of possible natural disasters, a report by the job portal site Saramin said Monday.Out of 1,198 adults the Saramin website surveyed, more than 89 percent said they were afraid that a major natural disaster will occur in South Korea.Furthermore, the survey revealed that 82.5 percent of adults are more frightened at thoughts of possible natural disasters

BUSAN (Yonhap News) ― Eight North Korean defectors are believed to have sought asylum in Britain after staying for years in South Korea, police said Tuesday.Police in Busan recently conducted a survey on 25 North Korean defectors who stayed in foreign countries for more than three months. The police hoped to gain insight into the North Koreans’ motivation to live overseas.Among them, eight North K

Seoul to announce results of probe into diplomats' sex scandal Friday   South Korea will likely announce later this week the results of its investigation into a sex scandal involving some of the nation's diplomats and a Chinese woman, a government source said Tuesday.   Multiple Korean diplomats at the consulate in Shanghai have been accused of having extramarital affairs with the 33-year-old Chin

South Korea's financial watchdog plans to announce its road map to resume the sale of a major stake in state-owned Woori Finance Holdings Co. by the second quarter of this year, its chief said Wednesday.   The Financial Services Commission (FSC) put the 56.97 percent government stake in the second-largest banking group up for sale in November last year but suspended the sale process in December af

Kia Motors Corp., South Korea's second-largest automaker, said Wednesday it has decided to delay the scheduled launch of its popular K5 passenger sedan in the European market until the second half of the year due to an undersupply.   The vehicle, currently sold as the Optima in the U.S. market, was initially scheduled to be shipped to Europe in the first half of the year.   "We earlier planned to

Samsung Electronics Co., the world's No. 2 maker of mobile phones, unveiled on Wednesday two new tablet computers aimed for the U.S. market, eying a bigger market share on Apple Inc.'s home turf with ultra-thin devices.   Samsung unveiled the company's third tablet computer, the Galaxy Tab 8.9, and a U.S. version of the Galaxy Tab 10.1 during a trade show in Orlando, Florida, it said in a statemen

South Korea will tighten its rules on loans for home purchases amid growing concerns that rising household debts could emerge as a drag on the nation's economic recovery, the government said Tuesday.The plan, announced jointly by the finance, public administration and land and construction ministries, however, calls for the government to lower acquisition tax rates for home purchases in a bid to b

 South Korea's Cabinet approved universal jurisdiction in a revised criminal code on Tuesday, a step that could allow Seoul to bring to justice those who commit terrorist attacks and other grave crimes outside of South Korea, the Justice Ministry said.   The revision, set to go into effect as early as 2013, represents Seoul's commitment to join global efforts to combat such international crimes as

Prosecutors on Tuesday raided Orion Group, the nation's major confectionery company, and its affiliates over its chairman's alleged illegal bonds transaction during the process of taking over large shares of an Orion subsidiary.Tam Chul-gon, 56, is suspected of buying bonds with warrants issued by On Media, Orion's media affiliate established in 2000 to diversify its business portfolio, at below-m