Saturday 27 December 2014
S Korea

S Korea's Iran oil imports up, but not breaching sanctions

South Korea's imports of Iranian crude oil rose 6.5 per cent in November from a year earlier, but shipments for the first 11 months of the year were still below the 2013 average, in line with international sa


SEC signs $3.2 billion contract with Hyundai

Saudi Electricity Company (SEC) signed a contract with South Korea's Hyundai Heavy Industries (HHI) to build a 12.2 billion Saudi riyals ($3.4 billion) power plant in Shuqaiq, it said on Sunday. HHI will install four steam gen


Toyota steps up push on hybrids

Toyota Motor is ramping up its push on gasoline-electric hybrids, launching a new model in Japan and taking on up-and-coming competitor Hyundai Motor in its Korean home market with its flagship Prius. Toyota said on Tuesday it aims to sell

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