South Korea

Shares fall sharply in Seoul

Seoul - Shares plunged more than two per cent Wednesday on the Seoul stock exchange as concerns over climbing oil prices and their impact on the world economy continue to besiege the market.

South Korean carriers to offer foreign mobile brands

Seoul - In a departure from their dependence on domestic mobile phone brands like Samsung or LG, South Korean mobile carriers are preparing to launch non-Korean brands for smart-phones.

International vendors such as HTC, RIMM, Apple and Nokia will be able to sign up with local carriers to put their international bestsellers in the hands of South Koreans.

SK Telecom launches Tuesday a touch-screen Windows Mobile smart- phone from Taiwanese vendor HTC, while it is also considering launching its next version Touch Diamond smart-phone from HTC later this year.

Survey says South Korean newspaper readership is falling

Seoul - In the face of stiff competition from TV and the internet, South Korean newspaper readership is falling, the Korea Press Foundation (KPF) said Monday.

Hyundai chairman babysits instead of being imprisoned

Seoul - The chairman of Hyundai Motor Co has been cleaning rooms and feeding and bathing abandoned babies at a Catholic welfare centre as penance for his embezzlement conviction.

Hyundai chairman babysits instead of being imprisoned

Seoul  - The chairman of Hyundai Motor Co has been cleaning rooms and feeding and bathing abandoned babies at a Catholic welfare centre as penance for his embezzlement conviction.

South Korean steelmaker looking to import coal from North Korea

Seoul  - South Korea's largest steelmaker is engaged in talks to import iron ore and coal from North Korea, the steelmaker said on Wednesday.

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