LG Electronics to increase dividend payout ratio

SEOUL, South Korea’s major appliances company LG Electronics Inc. said Tuesday it will pay out more dividends to its shareholders in a move to increase shareholder value.

At an annual shareholders’ meeting in Seoul, CEO Cho Joo-wan announced a new s…

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Ostrich runs loose in Seongnam before capture

SEONGNAM, South Korea, An ostrich ran through the streets of Seongnam, south of Seoul, on Tuesday before being captured and sent back to an ecological park.

The ostrich, believed to have escaped from a nearby ecological park, was spotted running loo…

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