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[Photo News] S-Oil CEO shares Chuseok holiday spirit with neighbors

BusinessSept 25, 2015

S-Oil CEO Nasser Al-Mahasher (second from left) poses with children wearing Korea traditional clothes, while making half-moon shaped rice cakes called Songpyeon as part of his efforts to share Chuseok holiday’s spirit with Korean neighbors in seoul, Friday. (S-Oil)
[Newsmaker] Apple’s new iPhone hits stores

BusinessSept 25, 2015

How many iPhones can Apple Inc. sell? With the company hitting new sales records with each annual release, that’s a question facing chief executive officer Tim Cook as the latest batch of handsets hits stores on Friday around the world. The latest models, following last year’s hugely popular design overhaul that added bigger screens, may not match the success of previous releases, according to analysts.An Apple employee in Sydney takes a 'selfie' photograph of customers with the new iPhone 6s p
Former leftist lawmaker fined over protest rally

PoliticsSept 25, 2015

A former leftist lawmaker was convicted Friday for illegally holding a protest of the free trade deal between South Korea and the United States four years ago. The Seoul Central District Court fined Lee Jung-hee, former chief of the Unified Progressive Party (UPP), which was dissolved last year, 500,000 won ($420) for staging an unauthorized protest on the streets of central Seoul for about half an hour in November 2011. Prosecutors said she did not notify the police of the rally ahead
Koreas likely to meet next week for religious chiefs' gathering

DefenseSept 25, 2015

The Unification Ministry is expected to approve plans by officials of South Korea's pan-religious group to visit North Korea next week to prepare for talks among the two Koreas' religious leaders, a government source said Friday. Officials from the Korean Conference of Religion for Peace (KCRP), an organization representing the South's seven largest religious groups, are likely to hold a meeting with their North Korean counterparts in the border city of Kaesong on Tuesday, the source said.
Blinken due in Seoul for talks on N. Korea, presidential visit

North KoreaSept 25, 2015

U.S. Deputy Secretary of State Tony Blinken will soon travel to South Korea to discuss North Korea and agenda items for the summit between President Park Geun-hye and her American counterpart Barack Obama, a diplomatic source said Friday. It is a part of his regional tour that will also take him to Japan and China. "He plans to visit Seoul early next month. South Korea and the U.S. are fine-tuning a specific schedule," the source told Yonhap News Agency. "A broad range of issues on regio
Kim Jong-un to give special bonus to N. Koreans

North KoreaSept 25, 2015

North Korean leader Kim Jong-un will give a special bonus to the country's military personnel and ordinary people on the occasion of the North's key anniversary, Pyongyang's media said Friday. The special bonus amounting to 100 percent of monthly salaries will be given to all service personnel, working people and those who receive pensions, subsidies and scholarships to mark the 70th anniversary of the founding of the ruling Workers' Party of Korea (WPK), according to the Korean Central New
Korea opens probe into suspicious KF-X project

DefenseSept 25, 2015

Cheong Wa Dae, South Korean presidential office, has opened its probe into the military's landmark indigenous fighter jet project amid growing suspicions over the multibillion-dollar defense acquisition program, according to a military official Friday. "Cheong Wa Dae's senior secretary for civil affairs' office demanded on Thursday the Defense Acquisition Program Administration submit documents related to the KF-X project," the military official said on condition of anonymity. An artist's r
Foreign investors expected to visit Gaeseong complex next month

IndustrySept 24, 2015

Foreign investors are highly likely to visit North Korea‘s industrial complex located in the border city of Gaeseong on Oct. 15 to look for investment opportunities, Invest Korea said Thursday. 　The nation’s investment promotion agency under the wing of KOTRA said it has pushed for the visit as a sideline event of its annual foreign investment promotion event, called Investment Week, which is to be held between Oct. 13 and 15 at the Grand InterContinental Seoul Parnas. 　“The on-site visit o
Korea to retest fuel economy of Audi A3, A7

TransportSept 23, 2015

The government said Wednesday that it will retest the fuel economy of diesel-powered Audi A3 and the new A7 cars as early as in November in response to the escalating emission-fixing scandal involving Volkswagen Group.The move came after the top global carmaker conceded that its 11 million diesel vehicles used software to evade emissions controls, far more than the 482,000 cars found in the United States.The new Audi A3 “The two models are the only diesel cars of the group among dozens of sam
KEPCO to host international electric expo in October

Sept 22, 2015

The state-run Korea Electric Power Corp., the nation’s largest utility company, said Tuesday it will host the Bitgaram International Exposition of Electric Technology from Oct. 12 to 14 at the Kimdaejung Convention Center in Gwangju.The poster of the Bitgaram International Exposition of Electric Technology from Oct. 12 to 14 at the Kimdaejung Convention Center in Gwangju. KEPCO.“The company designed the large-scale international event as part of its effort to transform Naju and its adjacent are
Audi reveals all-new A4, electric SUV concept in Frankfurt

코리아 헤럴드Sept 20, 2015

Audi’s all-new A4 and all-new A4 Avant German luxury carmaker Audi is showcasing new sedans, an electric SUV concept car to challenge Tesla, and its state-of-the-art auto technologies at the 66th International Motor Show in Frankfurt, running from Sept. 17 to 27. 　One of highlights at the event is the launch of the all-new A4, the carmaker’s most popular sedan, and the all-new A4 Avant. 　The range-topping small sedan in competition with Mercedes-Benz’s C-Class and BMW’s 3 Series came back, ar
BMW’s design evolution continues into future

코리아 헤럴드Sept 20, 2015

Adrian van Hooydonk, BMW's head of design FRANKFRUIT, Germany -- Luxury German carmaker BMW, which turns 100 years next year, is one of the few automakers in the world that has kept its design traditions for so long. BMW cars still share their longtime design features like the double kidney grille up front. The carmaker introduced the typical grille shape in the 1930s.　But the Munich-based automaker has also made a lot of changes and innovations in vehicle design along with continued advanceme
Philips Korea launches innovation-driven brand campaign

IndustrySept 9, 2015

The Korean branch of Philips, a global leading company in health and well-being sectors, said Wednesday it has launched an integrated brand campaign under the slogan of ‘‘innovation and you” in an effort to strengthen its refreshed brand identity and brand positioning here.　As a highlight of the campaign, aimed at raising public awareness of Philips’ new mission to improve people’s lives through meaningful innovation, the company has started an online platform (www.philips.com/innovationandyo
Hyundai Motor America appoints new sales head

TransportSept 3, 2015

Hyundai Motor America named Derrick Hatami, sales chief of Nissan America, as vice president for domestic sales, replacing 26-year Hyundai veteran Bob Pradzinski, the company said Thursday.Hyundai Motor America's new sales chief Derrick Hatami 　　Hatami had served as the general manager of Hyundai Motor America’ 12-state western region for three years before he moved to Nissan in 2012.“We couldn‘t be happier to have Derrick rejoin us,” said David Zuchowski, president and CEO of Hyundai Motor
Former Ssangyong chairman donates 1st Chairman sedan to Ssangyong Motor

BusinessAug 31, 2015

Ssangyong Engineering & Construction chairman Kim Seok-joon (right) poses with Ssangyong Motor CEO Choi Johng-sik after donating his 18-year old Ssangyong Motor full-size Chairman sedan to the carmaker in Seoul on Monday. The donated car by the former Ssangyong Group chairman was the first Chairman built on the Mercedes-Benz’s W124 platform back in 1997. Ssangyong Motor