Thursday 17 April 2014
 
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Korean

Hyundai, Kia see weakest sales growth since 2003

South Korean auto makers Hyundai Motor and Kia Motors are bracing for their most sluggish growth in annual sales since 2003 as the weakening of the yen fuels exports from Japanese rivals. Hyundai and its affiliate Kia, together ra

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Two killed as Korean airliner crashes in US

An Asiana Airlines Boeing 777 with 307 people on board crashed and burst into flames as it landed at San Francisco International Airport on Saturday after a flight from Seoul, killing two people and sending more than 180 to local hospitals.

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Samsung launches new external hard drives

Samsung has launched its new family of hard disk drives, including two portable drives and a desktop storage station. Supporting the SuperSpeed USB 3.0 interface, the new external hard drives can provide data transfer speeds of up to 5 gig

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Samsung seen winning Saudi NGL megaproject

Samsung Engineering is likely to win major contracts to build Saudi Arabia's multi-billion dollar Shaybah natural gas liquids project after submitting the most attractive bids, several sources familiar with the project told Reuters.  

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Bahrain flyover dispute end in sight

A dispute over the stalled Isa Town flyover project in Bahrain could be resolved tomorrow. The Urgent Matters Court yesterday adjourned the case to deliver its verdict, according to a report in our sister newspaper Gulf Daily News (GDN).

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Isa Town flyover case adjourned

A Bahrain court has adjourned the dispute over the stalled Isa Town flyover project. The Urgent Matters Court initially lifted an order freezing a BD4 million guarantee, which was deposited by South Korean contractor Sungwon. This

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Isa Town flyover case adjourned

A Bahrain court has adjourned the dispute over the stalled Isa Town flyover project. The Urgent Matters Court initially lifted an order freezing a BD4 million guarantee, which was deposited by South Korean contractor Sungwon. This

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Power demand to dictate future UAE nuclear deals

The pace of power demand growth in the fast-expanding economy of the UAE will dictate the timing and size of any future order for a second fleet of nuclear reactors, a top UAE official said. The UAE awarded a deal worth up to $40 billion,

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Korean firms win $3.9bn UAE deals

South Korea's Hyundai Engineering, GS Engineering and Hyundai Heavy Industries have won a combined $3.9 billion order to build gas facilities in the Habshan region of the United Arab Emirates, the companies were quoted as saying. Hyundai

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Korean firm top bidder for Saudi power plant

State-run Korea Electric Power Corp (Kepco) has been named the top-ranked bidder in a race to win a $2.5 billion fuel-oil power plant project in Saudi Arabia, the power monopoly said on Tuesday. A consortium -- including Kepco, which suppl

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