SOUTH KOREA

Kia Motors

Kia Motors US sales soar 48.2 pct in Nov

Kia Motors America on Wednesday reported that its US auto sales soared 48.2 percent, led by strong sales of Sorento models and recently introduced vehicles - the Soul, Forte and Forte Koup, and the Sorento, Sportage and all-new Optima.
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South Korea an US begin joint military exercises on the Yellow Sea

China to make 'urgent' announcement on Korean tension, drills

Beijing is set to make an 'urgent' announcement on Sunday afternoon in the wake of US-south Korea military drills in the Yellow Sea. The Chinese government had earlier warned both countries that the military activity in the region could escalate tensions.
North's military might would not let South tame the communist regime

By all odds...

North Korea's fire power and military might foil South's attempts to tame the communist regime, by all odds.
Traders gather around the General Motors trading post on the floor of the New York Stock Exchange

Stocks sink on Korea, euro debt worries

Stocks tumbled in a holiday-shortened session on worries over threats of war by North Korea and pervasive fears that the euro zone sovereign debt crisis may spread to Spain and Portugal. Apparently, traders saw little solace in what appears to be shaping up as a strong Black Friday on the retail front.

South Korea nabs 22 for spreading war rumors, amateur video shows North's attack

South Korean police have booked 22 people on charges of spreading rumors over the cyber space, some of them reportedly claiming that the 'South first attacked North'. The country's National Security Law prohibits praising or sympathizing with the communist North. Meanwhile, an amateur footage claiming to be that of the North's attack on Yeonpyeong Island is doing rounds on the video streaming sites like YouTube.
South picks new defense minister

South Korea picks new defense minister

Seoul on Friday named Kim Kwan-jin, former chairman of the Joint Chiefs of Staff (JCS), as the new defense minister for South Korea. The 61-year-old former Army general replaced Kim Tae-young after the latter resigned in the wake of Tuesday' North Korea attack that killed two South Korean soldiers and two civilians.
Fresh North Korean attack suspected

Fresh attacks by North Korea?

Authorities in Seoul are verifying the reports of sounds of artillery fire heard around Yeonpyeong Island in the Yellow Sea. It is yet to be determined where the firing originated from.
A local resident looks around damaged houses on Yeonpyeong Island

South Korean defense minister quits

Two days after the North Korean artillery attack, heads began rolling down in the government of South Korea and the first one was Defense Minister Kim Tae-young, who resigned on Thursday taking responsibility for the country's timid response.
Sarah Palin's latest gaffe, calls North Korea an "ally"

Sarah Palin's latest gaffe: Calls North Korea an 'ally'

Within days after she announced her intention to run for the President, Sarah Palin, the former governor of Alaska, is caught up with yet another gaffe. This time, referring to North Korea as an ally of the United States.
Sarah Palin's latest gaffe, calls North Korea an "ally"

Sarah Palin's latest gaffe, calls North Korea an 'ally'

Within days after she announced her intention to run for the President, Sarah Palin, the former governor of Alaska is caught up with yet another gaffe. This time, referring to North Korea as an ally of the United States.
People stand beside houses, destroyed after they were hit by artillery shells fired by North Korea, on Yeonpyeong Island

North Korea fired 'thermobaric weapons', says South

Authorities in Seoul inspecting the debris on Yeonpyaong Island after the North Korea attack suspect that thermobaric weapons were used. The bombs are aimed at increasing the number of casualties and causing severe structural damage at the same time.
China's Premier Wen Jiabao

Focus shifts to China to gauge impact of North Korean attacks

A day after North Korea's artillery attack on the South Korean island, the U.S. decided to send the aircraft carrier George Washington and a number of accompanying ships into the region for joint exercises besides sounding China, the sole ally of Pyongyang, to restrain Pyongyang from further attacks.
Traders work on the floor of the New York Stock Exchange

US futures stay lower after GDP data

Futures on major U.S. stock indices remained lower on Tuesday despite better-than-expected reading on economic activity as a fresh exchange of fire between North Korea and South Korea weighed on the sentiment.
South Korea fired first: North

South Korea fired first: North

North Korea said that it was South Korea which fired first and they had to fire in retaliation. The South Korean enemy, despite our repeated warnings, committed reckless military provocations of firing artillery shells into our maritime territory near Yeonpyeong island beginning 1pm (1500 AEDT), the AFP quoted a statement from the North's military supreme command.

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