South Korea

Six dead in South Korea boardinghouse fire

Seoul - Six dead in South Korea boardinghouse fire Six people were killed in a fire early Friday in a 10-storey boardinghouse in the city of Yongin, 40 kilometres south of Seoul, local media reported.

Four people were injured in the fire, and some are in critical condition, according to Yonhap news agency.

The fire broke out at 1:20 am on the ninth floor of the residential building as guests were sleeping. Inhalation of toxic gas was believed to have caused the deaths, reported Yonhap from police sources.

Shares rise over 2 per cent in Seoul

Seoul Stock ExchangeSeoul - Shares surged 2.2 per cent Thursday on

South Korean chipmaker Hynix to close US plant

Seoul - The South Korean semiconductor manufacturer Hynix plans to close a factory in the US state of Oregon by the end of September because of a steep decline in the price of memory chips, the co

South Korean LG Electronics posts profits up in second quarter

LGSeoul  - South Korean concern LG Electronics posted profits for the second quar

Shares gain over 3 per cent in Seoul

Seoul - Shares rallied Monday on the Seoul stock exchange as lower oil prices prompted investors to hunt for bargains after recent losses. 

Seoul shares fall more than 3 per cent

Seoul - Shares plunged more than 3 per cent Tuesday on the Seoul stock exchange on heavy foreign selling as worries over a credit crunch in the US intensified. 

Pages