Hyundai has officially confirmed the luxurious Equus sedan will be launched in the United States.

Set to go to on sale in late 2010, the Equus will attempt to compete with premium models from Lexus, BMW and Mercedes.

Hyundai’s American CEO, John Krafcik said that the success of the smaller Hyundai Genesis had paved the way for an American Equus.

Korean designer Joongho Choi (pictured below) has designed a modern reinterpretation of traditional Korean chong-sa-chorong lamps.

Called Chorong, the hanging light source can be directed by pivoting the steel pole in its glass base.

Choi has created two versions - one for traditional light bulbs and another mounted with an LED.

Moneual has introduced the most expensive computer in Korea called the 701 Jewelry.

Retailing at roughly $30,000, the device is covered in 3,554 Swarovski jewels, and housed in gold and brass panels.

Moneual 701 Jewelry is powered by a Intel Core 2 Duo processor, and it comes with 500GB HDD, 7-inch multimedia touchscreen display, ATI Radeon HD 4000 and its running on Windows Vista.

North Korea has opened its first “authentic” Italian restaurant on the orders of its leader, Kim Jong-Il, a pro-Pyongyang newspaper said Saturday.

The Chosun Sinbo, often seen as a mouthpiece for North Korea’s communist regime, said the restaurant had proved to be a major hit after it opened in the capital Pyongyang in December.

“I’ve learned through TV and books that pizza and spaghetti are among the world’s famous dishes, but this is the first time that I’ve tasted it,” Jung Un-Suk, 42, told the newspaper, which is published in Japan.

Designer Wonsik Chae from south korea has created “lighting bag”, a light which imitates (you can’t drink it) the form of a tea bag !

If you put the Lighting Bag in a cup of chemical intermediate, the tea bag will burst into flames, and then the cup is lighting.

“Consisting of a cup filled with a chemical intermediate and a bag containing fluorescent molecules the light works through a catalyst of this chemical reaction.”

Wildly popular Korean pop singer Rain has launched his own fashion line, called Six to Five. He introduced the collection with a fashion show in Ilsan, which was attended by celebrities and fans alike.

“Six to Five means that we are aiming to reach the sixth sense from our original five senses. I also wanted to use numbers to make it easier to find and comfortable to approach”, he said.

“I think it’s a bit unreasonable to call myself a designer. I never learned the trade professionally, but I did try to analyze the clothes I enjoy wearing and feel comfortable in. I volunteered as a designer, thinking the public may understand my views,” he said.