The Korea Herald

U.S. confident on capability to intercept N. Korean missiles: Pentagon

WASHINGTON (Yonhap News) – The United States has the capability to intercept ballistic missiles from North Korea, a senior U.S. official has said.Patrick O'Reilly, director of the Missile Defense Agency, made the remarks at a House Armed Services Committee hearing Thursday in response to a lawmaker who expressed "concerns about the ground-based midcourse defense system in Alaska and California," c

World News April 2, 2011

S. Korea's ruling party to tackle Japan's territorial claims over Dokdo

South Korea's ruling party said Saturday that it plans to hold an emergency meeting with the government early next week to discuss how to tackle Japan's repeated territorial claims over Korea's easternmost islets of Dokdo.Japan approved on Tuesday new middle school textbooks claiming the islets as its territory, drawing a strong protest from the Seoul government.The Grand National Party said it wi

Politics April 2, 2011

Israeli airstrike kills Gaza militants

JERUSALEM (AP) – Israeli aircraft killed three Palestinian militants who were planning to abduct Israelis over the upcoming Jewish festival of Passover, the military said early Saturday.An Israeli military spokeswoman said that an ``aircraft had fired at a terror squad of the terror group Hamas that was planning to carry out kidnappings.'' She said the group was plotting the attacks for the Jewish

World News April 2, 2011

Fukushima 'much bigger than Chernobyl': expert

WASHINGTON (AFP) – Japan's unfolding nuclear disaster is "much bigger than Chernobyl" and could rewrite the international scale used to measure the severity of atomic accidents, a Russian expert said here Friday."Chernobyl was a dirty bomb explosion. The next dirty bomb is Fukushima and it will cost much more" in economic and human terms, said Natalia Mironova, a thermodynamic engineer who became

World News April 2, 2011

Facebook sued for $1 billion over Intifada page

WASHINGTON (AFP) – Facebook and co-founder Mark Zuckerberg have been hit with a lawsuit seeking more than $1 billion in damages over a page on the social network which called for a "Third Intifada" against Israel.Facebook this week shut down the "Third Intifada" page, which had almost 500,000 fans, but the lawsuit filed in a court here claims that the social network showed "negligence" by not quic

World News April 2, 2011

Chung takes over symbolic Hyundai office

Auto group says move is a show of resolve, but ruffles Hyundai GroupHyundai Motor Group has set up a new office for chairman Chung Mong-koo at Hyundai Engineering and Construction, in an apparent move to emphasize its control over the builder.“The chairman will be using the old office used by the late chairman (Chung Ju-yung), and it represents his resolve and the importance of Hyundai E&C as a me

Industry April 1, 2011

Chung takes over symbolic Hyundai office

Seoul Motor Show attests to industry recovery

Top global brands showcase latest models at city’s largest-ever eventThe country’s largest automotive industry show, the Seoul Motor Show, opens to the public Friday with carmakers vying to catch the attention of the expected 1 million visitors with new models and technologies.The show, which will be held until April 10 at the KINTEX exhibition center in Goyang, Gyeonggi Province, is being held on

Industry March 31, 2011

Seoul Motor Show attests to industry recovery

Mahindra says committed to long-term stake in Ssangyong

Mahindra and Mahindra Ltd. has no intention of selling any of its stake in Ssangyong Motor Co. in the near future, and will fully support Ssangyong’s revival, Mahindra and Mahindra vice chairman Arnand Mahindra said Thursday.Speaking at a press conference on the sidelines of the Seoul Motor Show in Goyang, Gyeonggi Province, Mahindra said that his company has a track record of turning companies ar

Industry March 31, 2011

Mahindra says committed to long-term stake in Ssangyong

Renault Samsung to cut production by 20% in April

Renault Samsung Motors Co. announced Wednesday that it will cut output by 20 percent during April due to a parts shortage caused by the disasters in Japan. Renault Samsung, which stopped extra production after working hours and Saturday production on March 18, said its sole plant in Busan has been experiencing shortages in some engines and transmission supplied by Japanese firms.Renault Samsung sa

Industry March 30, 2011

Rising exports testament to Renault Samsung’s growing capacity

Renault Samsung Motors Co., the Korean arm of the French carmaker Renault S.A., is rapidly becoming a key player in Renault Nissan Alliance’s global sales operations with exports rising at an unprecedented pace. On March 25, the company celebrated more than 400,000 units exported since 2000.Established in September 2000, Renault Samsung’s exports have grown at a rate unseen among Korean carmakers

Industry March 30, 2011

Rising exports testament to Renault Samsung’s growing capacity

Korea-EU FTA to be put to assembly for the third time

The Trade Ministry is to again revise the Korean-language version of the Korea-EU free trade agreement, and resubmit the bill for ratification to the National Assembly for the third time.“The government was recently informed that several errors were found while reviewing the Korea-EU FTA’s Korean translation,” Rep. Nam Kyung-pil, National Assembly’s Foreign Affairs, Trade and Unification Committee

Industry March 29, 2011

POSCO completes new thick-plate plant in Gwangyang

POSCO completed a new thick-plate producing facility within its steelworks in Gwangyang, South Jeolla Province, on Monday.The new plant has an annual production capacity of 2 million metric tons, pushing up POSCO’s total thick-plate production capacity to 7 million tons. Thick-plates are hot-rolled products that are thicker than 6 millimeters used in a variety of products including ships and indus

Industry March 28, 2011

POSCO completes new thick-plate plant in Gwangyang

Renault Samsung exports top 400,000

Carmaker bounces back from 2009 slump with bumper year for overseas shipmentsRenault Samsung Motors Co. announced Monday that its exports since 2000 broke the 400,000 mark on March 25.According to the company, with a Kuwait-bound ship carrying 1,023 cars leaving Busan port, its cumulative exports since September 2000 rose to 400,250 units. Renault Samsung Motors Co. vehicles wait to be loaded on

Industry March 28, 2011

Jaguar gives special tributes to the legendary E-Type

HAMBURG, Germany (DPA) ― The Jaguar E-Type is arguably one of the most beautiful cars ever built, stunning the motoring world when it was unveiled at the Geneva Motor Show 50 years ago with its sleek aerodynamic form and racing car engine.“It’s impossible to overstate the impact the E-Type had when it was unveiled,” said Jaguar’s current design director Ian Callum at this month’s show in Geneva. H

Mobility March 27, 2011

Jaguar gives special tributes to the legendary E-Type

Hankook Tire starts social contribution project

The country’s largest tire maker Hankook Tire is launching a safety campaign and a social contribution campaign, both of which will run until the end of the year, from Monday. In the safety campaign, the company’s employees will show customers visiting sales outlets tire-related safety tips that are specific to different seasons of the year.In addition, those purchasing selected products ― Ventus

Mobility March 27, 2011

Articles by Choi He-suk