SEOUL– The U.S. unit of Samsung Electronics Co. is recalling some 660,000 washing machines in the United States over fire risks, according to the U.S. consumer product safety agency’s website on Friday. The recall affects the WA49B, WA50B, WA51A, WA52A, WA54A, and WA55A model series that were sold in four colors — white, black, … Read more
SEOUL– President Yoon Suk Yeol and first lady Kim Keon Hee on Friday invited a group of young adults and children in institutional care to lunch at the former presidential compound of Cheong Wa Dae. Yoon and Kim invited some 100 people, including 30 young adults preparing to support themselves and around 50 children … Read more
SEOUL– E-Mart Inc.’s convenience store chain emart24 on Friday opened its first store in Singapore, company officials said, becoming the first Korean convenience store chain to operate in the city state amid the retailer’s push for overseas expansion. The first store is located in the Jurong Point shopping center, west of Singapore. The second … Read more
SEOUL– Orbitech Co.on Friday announced that it will sell stock to raise 10 billion won (US$7.8 million). The proceeds from the stock sale will be used mainly to finance its operations. According to a regulatory filing, the company will issue some 2.34 million common shares at a price of 4,271 won per share. The … Read more
SEOUL– Aerospace Technology Of Korea Inc.on Friday announced that it will sell stock to raise 48 billion won (US$37.5 million). The proceeds from the stock sale will be used mainly to pay off its debts. According to a regulatory filing, the company will issue some 15.85 million common shares at a price of 4,415 … Read more
SEOUL– The Ministry of Justice decided Friday to recommend year-end presidential pardons for former President Lee Myung-bak, former South Gyeongsang Province Gov. Kim Kyoung-so and other high-profile politicians, sources said. The ministry’s amnesty review committee held a meeting and finalized the list of candidates for presidential clemency, which will be granted next Wednesday. … Read more
SEOUL– North Korea’s foreign ministry on Friday slammed the U.S. push for a presidential statement of the United Nations Security Council (UNSC) condemning the regime’s recent missile provocations. The United States has reportedly produced a draft of the document and circulated it among the other members of the UNSC. It features a strong condemnation … Read more
SEOUL– A cold snap accompanied by heavy snowfall gripped South Korea on Friday, disrupting flights and causing car accidents on frozen roads in many parts of the nation. South Korea witnessed the coldest day of the season, with the temperature in mountainous areas of Gangwon Province dipping to morning lows of minus 26.3 C, … Read more