SK Networks is reviewing a plan to sell its fashion business unit to Hyundai Department Store, industry sources said Tuesday.The trading and hotel unit under major conglomerate SK Group is in discussions with the major department store to sell the unit for around 300 billion won ($268 million), they said."The plan to purchase the fashion unit of SK Networks is true, but it has not been decided," a Hyundai Department Store official said.The move comes as SK Networks recently suffered a setback af

Sales of insulated cups and tumblers have jumped at a fast pace in South Korea on the back of increased demand for coffee and changes in consumer pattern, industry analysts said Tuesday.Thermos LLC, a global manufacturer of insulated cups and tumblers, said it has logged an annual 30-percent sales jump here since establishing a local company in 2011.Founded in 1904, Thermos is now operating in about 120 countries, including Japan and Canada, and capable of producing more than 60 million insulate

At least 40 North Korean overseas workers have died so far this year in work-related accidents and suicides following greater pressure by Pyongyang on its people to send back more money, a report said Tuesday.Workplace accidents in foreign countries like Russia, China and Angola, as well as suicides and diseases resulted in the high death toll, a report on human rights conditions of North Korean workers abroad showed. The data was exclusively obtained by Yonhap News Agency."Excessive labor, insu

The American authorities have failed to find a causal relation between a controversial car fire in Florida on Sept. 5 and its owner's Galaxy Note 7, a US newspaper reported on Monday, in the latest development that may vindicate Samsung Electronics' position in its ongoing global recall of the smartphones.According to the US media report, the exact cause of the Sept. 5 fire that ripped through a car with a Galaxy Note 7 smartphone reportedly being left inside in St. Petersburg, a southeastern ci

A group of North Korean workers in Russia clashed with their Russian counterparts at a shipyard in Vladivostok over construction materials, a US-based news media report said Tuesday.According to Radio Free Asia, dozens of North Korean workers were seen engaging in a fight with Russian laborers in a video clip released by the Russia's Far East news portal Deita.The 26-second video showed the North Koreans hurling abuses at the Russians with some strangling and kicking them. The incident occurred

South Korea, the United States and Japan have agreed to cooperate to effectively treat and eventually eradicate cancer, the leading cause of death in the three countries, Seoul's health ministry said Tuesday.The agreement was made at a meeting of health ministers of the three countries, which was presided over by US Vice President Joe Biden in New York on Monday (local time), the Ministry of Health and Welfare said in a press release."The three countries agreed to construct an international cons

South Korea's ruling Saenuri Party said Monday the international community will only give aid to flood-stricken North Korea if the communist regime halts all provocations.North Korea has been struggling to cope with what is being called its worst-ever floods since the country's liberation from Japanese colonial rule (1910-45). In an apparent bid to seek help from abroad, its state media has been dispatching numerous reports on the damage inflicted on the country."The international community can