GM Korea Co., the South Korean unit of General Motors Co., said Monday its August sales plummeted over 50 percent from a year earlier due to production delays caused by a partial strike over wages. GM Korea sold 15,634 vehicles last month, down 50.7 percent from 31,716 units a year ago, the company said in a statement. Domestic sales fell

Monday’s closing prices (KRW) of KOSPI 200 stocks traded on the main Korea Stock Exchange. Youngpoong 310,000 DN 5,500 HyundaiEng and Const 32,150 UP 150 SamsungF and MIns 360,000 UP 13,500 Kogas 51,100 DN 1,100 HANALL BIOPHARMA 37,850 DN 2,200 Hanwha 29,050 0 SBHC 19,790 DN 200 TaihanElecWire 12,090 DN 210 Hyundai M and F INS 35,200 UP 400 Daesang

South Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, data showed Monday. The country’s peak power demand in August averaged 87.8 gigawatts, a 6.1 percent increase from a year earlier, according to the Korea Power Exchange. The increase was driven by the higher electricity

Some foreign professors at Pyongyang University of Science and Technology have returned to North Korea after a four-year hiatus over COVID-19, Seoul officials said Monday, in the latest sign of the North’s further border opening. Late last month, an unspecified number of foreign professors at North Korea’s sole international private university entered North Korea, as the regime has issued visas

MANILA: The Department of Justice (DOJ) on Saturday said it is fact-checking the testimonies of Shiela Guo, the alleged sister of dismissed Bamban, Tarlac Mayor Alice Guo, given the supposed loopholes in her narratives. During the Saturday News Forum in Quezon City, DOJ Undersecretary Raul Vasquez said the government is seriously investigating the escape of the former mayor and her

MANILA: The Quezon City government has recorded its first mpox (previously monkeypox) case, nearly two weeks after the Department of Health (DOH) confirmed the country’s first case this year. The patient, a 37-year-old male and a resident of the city, is currently admitted at San Lazaro Hospital in Manila. He started exhibiting symptoms on Aug. 16 and was admitted to

Interestingly called the GC Ville, short for Giant Clam Village, the 9.7-hectare mollusks habitat adjacent to the famous Lakawon Island Resort highlights the marine conservation initiatives of Cadiz City in Negros Occidental. As of July, it is home to about 2,718 giant clams, considered as endangered species, after more than three years of spawning. Declared a marine reserve by the

Another South Korean court ordered a Japanese company on Friday to compensate victims of Japan’s wartime forced labor. The Seoul Central District Court ruled that Mitsubishi Materials Corp. must compensate five South Koreans forced into wartime labor in Japan. The court ordered the Japanese firm to pay about 27 million won (USD20,200) to a victim, surnamed Heo, and 18 million