BMW Korea is offering a chance to exchange 528i and Gran Tourismo vehicles for other BMW models until the end of the month.The offer is limited to vehicles registered less than 30 days before the date of exchange or to those having traveled less than 3,000 kilometers since their initial purchase.The offer is also limited to vehicles registered during January, and to those purchased on BMW Financia

STUTTGART (DPA) ― The new Mercedes C-Class, to be launched early in the new year, has undergone several modifications including a new front and rear and energy efficient engines that reduce consumption by up to 31 per cent compared to the predecessor model, according to the carmaker.Efficiency-enhancing measures include improved 7G-Tronic Plus automatic transmission and the ECO start/stop function

WASHINGTON (DPA) ― The big three carmakers in the United States have had many questions to answer over the last few years, including whether they even deserved to survive.This year, the likes of General Motors, Ford and even Chrysler will have the chance to gloat a little bit as they throw on glitzy displays at Detroit’s annual international auto show, which opens with a press preview on Monday.Th

The current tension on the Korean Peninsula continues to have repercussions on the security and economic climate of East Asia, and indeed the rest of the world. Since the end of the Korean War some six decades ago, the stability of the two Koreas has occasionally been rattled, and official peace on the peninsula remains elusive.Nobody really imagined that the current situation on the peninsula wou

The nation is set to make a change in its accounting method from cash to accrual this year. One of its consequences is a rise in the measurement of national debt.The government has yet to announce by what margin the new accounting method would readjust upward the debt, which was posted at 359.6 trillion won at the end of last year. But the opposition Democratic Party has already come up with a new

Last week, a South Korean government agency provided statistical data regarding North Korea, some of which have great security implications. Among them were figures indicating North Korea’s rapidly expanding reliance on China for its external trade.According to a report from Statistics Korea, North Korea’s volume of external trade was at a miniscule $5,093 million in 2009. It was nowhere near that

I tend to think of myself as a person. I’d hazard a guess that most, maybe all, American women consider themselves to be actual human beings, too.The U.S. Supreme Court said that’s what we are, although it took the court until 1971 to say so.Justice Antonin Scalia still doesn’t believe it. In an interview in this month’s California Lawyer magazine, he said that the 14th Amendment means only men wh

WASHINGTON ― A funny thing happened in the wake of the midterm elections: Washington entered into an era of bipartisanship, and trade is the unlikely topic of agreement.From the U.S. Chamber of Commerce to the United Auto Workers, President Obama’s announcement that he’ll send the Korea-U.S. Free Trade Agreement (KORUS) to Congress early this year has been applauded. Trade leaders from both partie

Eight years ago, a newly elected president, Luiz Inacio Lula da Silva, faced the challenge of saving Brazil from economic and financial collapse.Last Saturday, Lula passed the presidency to Dilma Rousseff having done much, much more than that during his two terms. In the process, he relied on four simple pillars that other leaders would be well advised to consider.After winning a hotly contested p