Foreign vehicle brands in South Korea saw a steady rise in their sales last month from a year earlier, flashing a green light for their goal of selling over 100,000 cars in the local market for the first time, a trade association said Friday.   A total of 6,770 imported vehicles were sold here in February, up 5.2 percent from the same month last year, according to the Korea Automobile Importers

Mobility March 4, 2011

   GYERYONGDAE -- Attending an unprecedented joint commissioning ceremony of South Korea's major military academies Friday, President Lee Myung-bak urged his military to be reborn as an "advanced, strong armed forces" through sweeping reform and stressed the importance of teamwork among soldiers "wearing different colors of uniforms."   "The military should make a revolutionary change in its syste

Politics March 4, 2011

The Web sites of South Korea's presidential office, government agencies and financial institutions came under a cyber attack on Friday, industry sources said.   The presidential office Cheong Wa Dae, the Ministry of Foreign Affairs and Trade and top lender Kookmin Bank were among some 40 institutions whose Web sites were infected by the so-called distributed denial-of-service (DDoS) from 10 a.m.,

Technology March 4, 2011

(URGENT) Web sites of Cheong Wa Dae, 40 agencies come under DDoS

Technology March 4, 2011

South Korea's trade surplus reached $2.84 billion in February mainly due to solid export gains in the face of unfavorable global developments, a government report showed Tuesday.   The February trade surplus marked a slight dip from the $2.92 billion tallied for January, although on a daily basis exports reached a record 2.05 billion, the report by the Ministry of Knowledge Economy said, This mark

March 1, 2011

   WASHINGTON -- The Obama administration is working hard to clear the pending free trade deal with South Korea through Congress this spring so as not to lag behind the European Union, which ratified a similar deal with Seoul set to take effect in July, the chief U.S. trade official has said.   "The EU-Korea trade agreement is scheduled to take effect on July 1 of this year," U.S. Trade Representa

March 1, 2011

 South Korea expressed deep concern over the bloodshed in Libya and urged North Korea to improve its human rights conditions during a U.N. human rights meeting held in Geneva on Monday, the foreign ministry said.   Second Vice Foreign Minister Min Dong-seok made the appeal during a keynote speech at a high-level segment meeting of the U.N. Human Rights Council that opened in Geneva, Switzerland, o

Foreign Affairs March 1, 2011

   SEOUL -- The unification cost on the Korean Peninsula in the wake of a sudden collapse of the North Korean regime is estimated to reach an astronomical 2,525 trillion won (about $2.14 trillion), a state-run think tank said Sunday.   Nam Sung-wook, director of the Institute for National Security Strategy, made the estimate in a report to be presented to a unification policy public hearing, which

Defense Feb. 27, 2011

  A disgraced South Korean clone scientist has won a research project from Libya amid growing unrest in the North African nation, colleagues at his research lab here said Sunday.   Under the 150-billion won ($133 million) project with the Libyan government, Hwang Woo-suk will conduct stem cell-related research activities for incurable diseases, according to Hwang's Sooam Bioengineering Research In

Technology Feb. 27, 2011