South Korea

Stories 941 - 960 | << Prev   Next >>

'Kimchi Deficit' Puts Korea in a Pickle

Spicy side dish's sales fall from cheaper competition

(Newser) - Seoul is facing a ferment in its effort to promote South Korean cuisine around the world: declining exports of its national dish, kimchi. The country recorded a $77.3 million trade deficit of the spicy pickled cabbage and other veggies over the past 3 years, BBC reports. A government report...

North Korea Threatens to Sever Ties With South

Calls South Korean government 'traitors'

(Newser) - North Korea is threatening to sever ties with South Korea in a war of words that has plunged relations between the partitioned neighbors to a new low, Reuters reports. North Korean officials are upset about hardline policies of South Korea's conservative government.  "If the traitors keep to the...

Asia Stocks Edge Up
 Asia Stocks Edge Up 
Oct 7, 2008 4:58 AM CDT

Asia Stocks Edge Up

Aussie rate cut spurs recovery in some markets, Nikkei down to 5-year-low

(Newser) - Asian stocks outside Japan made a modest recovery from yesterday's plunge after Australia slashed its interest rate a full percentage point to 6%, Reuters reports. Indexes in South Korea, Taiwan and Singapore all edged up slightly. In Japan, the Nikkei was down 3% to a 5-year low after the Bank...

S. Korea's Blind Masseurs Protest Threat to Livelihood

Government opens profession to sighted

(Newser) - Blind masseurs in South Korea are protesting what they see as the end of a way of life—and their livelihood, CNN reports. Police arrested 26 yesterday who gathered on a bridge and threatened to jump because the government is for the first time allowing sighted people to become licensed...

LPGA to Test Players' English
 LPGA to Test Players' English 
Aug 26, 2008 4:12 PM CDT

LPGA to Test Players' English

Tour worries about sponsor interaction as foreign players increase

(Newser) - The LPGA will begin mandatory oral English tests for its players next year, and those who fail face suspension and required tutoring, Golfweek reports. The tour is stressing the importance of English as players from Asia have come to play a prominent role in the sport. Of the 121 international...

Korean Bank Warned Off Lehman Bros. Buy

Firm may be too big a risk: official

(Newser) - The Korea Development Bank was warned today of rushing into a bid for Lehman Brothers by South Korea’s top banking official, the Financial Times reports. A Lehman investment may constitute too much risk for a state-owned bank, Jun Kwang-woo warned after last week’s news that, though KDB’s...

Korean 'Mata Hari' Was More Likely a Patsy

1950 execution of 'spy,' seductress was result of witchhunt: inquiry

(Newser) - In the thick of Cold War suspicion in 1950, South Korean socialite Kim Soo-im was executed as a wily seductress who passed secrets from her US army lover to another in North Korea. But the hasty trial and execution of the 'Korean Mata Hari' was based on charges trumped up...

Foreign Adoption Getting Harder
Foreign Adoption
Getting Harder
Aug 14, 2008 3:44 PM CDT

Foreign Adoption Getting Harder

Could be boon for thousands in US foster care

(Newser) - Heightened awareness of child trafficking and improving economies abroad are making it harder for Americans to adopt foreign kids. US officials are taking a closer look at visa applications and discouraging adoptions from countries that don’t comply with a new international adoption agreement, USA Today reports. At the same...

Bush Warns Korea on Nukes
Bush Warns Korea on Nukes
Aug 6, 2008 6:19 AM CDT

Bush Warns Korea on Nukes

In Seoul, tells North to follow through or be 'most sanctioned regime in world'

(Newser) - President Bush urged North Korea to keep its pledge to end its nuclear program ahead of a looming American deadline, reports Bloomberg. Speaking in Seoul alongside South Korean President Lee Myung-bak, Bush said that Pyongyang must either "verifiably do what you say you are going to do, or you'll...

Rev. Moon Hurt in Copter Crash
 Rev. Moon Hurt in Copter Crash 
Jul 19, 2008 10:05 AM CDT

Rev. Moon Hurt in Copter Crash

Founder of Unification Church, 88, apparently has only slight injuries

(Newser) - The Rev. Sun Myung Moon, founder of the Unification Church and leader of the so-called Moonies, was among 16 people injured today after his helicopter crashed and burst into flames in South Korea, the BBC reports. The controversial religious leader—traveling with his wife, 11 family members and three crew...

Ex-Samsung Boss Convicted in Tax Case

But S. Korean court hands Lee Kun-hee suspended sentence

(Newser) - A South Korean court convicted former Samsung Chairman Lee Kun-hee of tax evasion today, but handed the country's iconic business figure a 3-year suspended sentence, leaving him free from prison, reports the AP. The Seoul court found Lee, who resigned in April when the charges were brought, guilty of not...

S. Korean Tourist Shot Dead by N. Korean Soldier

Death jeopardizes thawing relations

(Newser) - A North Korean soldier shot and killed a South Korean tourist when she wandered into a restricted area today, Reuters reports. The 53-year-old had been visiting the Mount Kumgang resort, just north of the border. The shooting could jeopardize thawing North/South relations, which had taken a huge step this morning,...

US, S. Korea Reach Beef Deal
 US, S. Korea Reach Beef Deal 
Jun 21, 2008 10:46 AM CDT

US, S. Korea Reach Beef Deal

Imported US meat must come from cattle younger than 30 months

(Newser) - All US beef imported into South Korea will come from cattle less than 30 months old, officials said today, in a deal made to placate South Korean protesters worried about mad cow disease. Nonetheless, thousands of protesters returned to the streets of Seoul, calling for a complete renegotiation of an...

Leader Offers Fresh Start as Korea Protests Snowball

Biggest protests in 20 years push Lee Myung-bak's presidency to the brink

(Newser) - South Korea's president is battling for his political life as swelling protests continue to rock the country, the New York Times reports. At least 100,000 people joined a massive anti-government rally in Seoul yesterday as Lee Myung-bak—himself a former participant in a pro-democracy student movement—pledged "a...

S. Korean Cabinet Offers to Resign Over US Beef Imports

Cabinet offers resignation as 1m prepare to march

(Newser) - The entire South Korean government has offered to resign in the face of a popular protest triggered by the lifting of import restrictions on US beef. The Korean government withdrew a ban introduced to prevent mad cow disease, setting off demonstrations expected to bring a million people onto the streets...

FTC Opens Antitrust Investigation of Intel

Smaller rival AMD has long accused it of unfair practices

(Newser) - The FTC has opened a formal investigation of Intel over allegations of monopolistic business practices, the Wall Street Journal reports. The world's biggest semiconductor company, which denies any wrongdoing, received a subpoena this week. Intel also learned that it faces a $25.4 million antitrust fine from South Korea, even...

Torch Protests Continue in S. Korea

Anti- and pro-China factions face off

(Newser) - The Olympic torch again met with a clash of protesters today as it arrived in South Korea, Reuters reports. Some South Koreans are angered by Beijing’s human rights record, but the majority are pro-Chinese, wearing their country’s flag and chanting, “No politics, only Olympics.” Despite 8,...

Samsung Chairman Resigns
 Samsung Chairman Resigns 
Apr 22, 2008 7:00 AM CDT

Samsung Chairman Resigns

Lee steps down amid tax evasion scandal

(Newser) - The chairman of Samsung, Korea's leading exporter, has resigned after being indicted on multiple counts of tax fraud and breach of duty. Lee Kun-hee, whose resignation speech was carried live on all of South Korea's TV networks, has controlled the Samsung consortium since 1987. Lee, his wife, his son, and...

US to Press N. Korea on Nukes: Bush
US to Press
N. Korea on Nukes: Bush
Apr 19, 2008 6:25 PM CDT

US to Press N. Korea on Nukes: Bush

Prez disputes rumor that Washington will compromise

(Newser) - President Bush challenged rumors today that Washington will go easy on North Korea's nuclear program, the AP reports. Pyongyang must "provide a full declaration of its nuclear programs" and disable its reactor, Bush said at US talks with South Korean President Lee Myung-bak. "Some people are precluding, you...

S. Korea Culls 3M Birds in Flu Fight

Nation on alert as troops sent in to slaughter poultry

(Newser) - South Korea has sent in soldiers to kill and bury birds as bird flu spreads rapidly throughout the country, Reuters reports. More than 3 million farm birds have been culled so far, but fresh cases continue to be reported and the disease is heading for the capital. The entire country...

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