South Korea
Hyundai hit with $14 million verdict in U.S. airbag trial
NEW YORK - A U.S. jury found South Korea's Hyundai Motor Co should pay $14 million to a Virginia man who suffered traumatic brain damage in a car accident after the side air bags in his 2008 Hyundai Tiburon failed to deploy.
China, South Korea push for North Korea talks
BEIJING - China's president welcomed his South Korean counterpart on Thursday as an "old friend of China" and agreed to make a push for new talks with North Korea on Thursday as two of Asia's newest leaders met for the first time.
GM's South Korea workers to stage partial strike July 4 over wages
SEOUL - Workers at General Motors Co's factories in South Korea, a key manufacturing base for the U.S. automaker, will stage a partial walkout on July 4 because of disputes over wages and production plans, a union spokesman said on Thursday.
South Korea pledges 15 percent cut to Iran oil imports: sources
SEOUL - South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the next six months to secure its next waiver to U.S. sanctions targeting Iran's nuclear program, two sources told Reuters.
North Korea anxiety sparks South Korean global property binge
LONDON - A jump in tensions with North Korea has fed a tenfold surge in overseas commercial property spending by investors south of one of the world's most heavily armed borders, making South Korea the largest property investor so far in 2013.
South Korea's Park set to charm China, show up the North
SEOUL - When the presidents of China and South Korea meet in Beijing this week, they will likely use a rapport that blossomed eight years ago to find common ground on North Korea as well as seek ways to boost already vibrant economic ties.
South Korea rejects preliminary casino licenses for Caesars, Universal
SEOUL/HONG KONG - South Korea has rejected preliminary casino licenses for two international bidders - a Caesars Entertainment Corp and Lippo Limited consortium, and Kazuo Okada's Universal Entertainment Corp - in a surprise move that could stall the government's casino development plans.
South Korea turns up the heat as foreign automakers make inroads
SEOUL - Recent free trade deals have helped foreign premium-brand automakers such as BMW and Mercedes-Benz drive up sales in South Korea, previously a heavily protected market dominated by Hyundai Motor and affiliate Kia Motors.
NSA chief says U.S. infrastructure highly vulnerable to cyber attack
WASHINGTON - U.S. critical infrastructure - which ranges from telecommunications to water to energy supplies - is not well prepared to handle a destructive cyber attack, the top U.S. general in charge of cybersecurity said on Wednesday.
South, North Korea talks called off after row over delegates
SEOUL - Planned high-level talks between South and North Korean after a six-year hiatus and threats of war were scrapped on Tuesday, South Korean government officials said, over a seemingly minor disagreement over the diplomatic ranks of chief delegates.
Egypt on the edge after Mursi rebuffs army ultimatum
CAIRO - President Mohamed Mursi rebuffed an army ultimatum to force a resolution to Egypt's political crisis, saying on Tuesday that he had not been consulted and would pursue his own plans for national reconciliation. | Video
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
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