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Kia Motors says to suspend U.S. plant;...: On Monday Kia Motors said it would suspend production at its U.S. plants after media reported a fire broke out. The news sent shares in Kia and parent Hyundai Motor down on concerns about possible output disruptions. Kia’s U.S. in Georgia has an ann...

Obama to Visit DMZ this month: According to Yonhap news agency, U.S president Barrack Obama will visit the Demilitarized Zone dividing North and South Korea later this month. He will be visiting South Korea for the Nuclear Security Summit in Seoul and is likely to tour the DMZ bef...

Samsung and LG Set to Develop TVs Thinn...: Samsung Electronics and LG Electronics are taking big steps in order to advance over their Japanese rivals by using new display technology in 55 inch sets thinner than the iPad. They are making Organic Light-Emitting Diode television thin as 4 millim...

S.Korean Auto Sales up 28.3 pct in Feb.: South Korea's auto sales in February jumped to 28.3% increase on a solid rise in demand at home and abroad. The combined sales of the five carmakers of South Korea reported 689,915 vehicles last month up from 537,631 units a year earlier. Abroad ship...

Ohio Student Fires at 5 Students at Hig...: A teenager opened fire in the cafeteria at a suburban Cleveland High School Monday, killing one student and wounding four others before he was chased from the building by a teacher and captured a short distance away. According to officials, two of th...

Hyundai Motor to Sell $1 Billion in Ass...: Hyundai Motor Co. is planning to sell about $1 billion worth of auto loan asset-backed securities next week. According to Fox news, the issue will be a test of the decling in risk premiums for auto-related ABS in recent weeks as rival auto-makers Nis...

Korea, U.S. free trade deal to take eff...: On March 15, the free trade deal between the U.S. and South Korea will go on effect. South Korea‘s Minister for Trade Park Tae-ho told reporters implementation of the deal would help South Korean exporters who have lost sales to Europe because of th...

South Korea asks China to not send refu...: According to a recent report from Seoul, President Lee Myung-bak urged China on Wednesday to follow “international norms” in its treatment of North Korean refugees, as his government shifted to a more aggressive diplomatic effort to press China not...

Jeremy Lin's Success Inspires Other Asi...: Jeremy Lin(New York Knics)’s unexpected accomplishments in the NBA have given many Asian Americans motives to play sports. Lin’s athleticism has surprised many Americans who believe the Asians never playing sports stereotype. According to Washingto...

Iran Cuts Off Oil Exports to France and...: In a preemptive strike against European economic sanctions, Iran is cutting off oil exports to France and Britain. Iran says its program is solely for peaceful purposes, but the U.S. and many of its allies suspect the goal is to develop weapons.On Su...

Greece begins new band swap program

In Athens, officials from Greece implemented the biggest debt write-down in history on Monday, swapp...
New iPad creates furor among consu...

Technology analysts have had a field day today, after demand for the next iPad has sent customers cl...
New Israeli anti-rocket system see...

According to the Associated Press, Israel‘s Iron Dome rocket shield has aced its first serious test...
Markets up on good news from Greece

Traders in New York received new optimism today after stocks rose on Thursday as Greece moved closer...

Israel asks US for military resour...

Israel has asked the United States for advanced “bunker-buster” bombs and refueling planes that co...
Putin Administration puts down pro...

In Moscow, barely a day after victor celebration, President elect Vladimir Putin‘s spokesman has de...
US seeks ‘new chapter’ in relation...

The U.S. wants to start a new chapter with North Korea but is too early to discern the intent of the...
Hyundai, Kia set milestone in U.S....

As of October, Hyundai Motor Co. and Kia Motors Corp. saw their cumulative sales in the U.S pass 10...