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S. Korean railroad, subway workers brace for strike

Seoul :: South Korea | about 22 hours ago | No category

Source: China Post

A subway operator in South Korea’s capital held last-minute negotiations with union leaders Wednesday to avoid a strike over planned job cuts, officials said. The 9,300-member union of Seoul Metro, which runs four of Seoul’s eight subway lines, has vowed...

4 news stories / 1 blog post / 19 images / 30 videos / 0 voices

SKoreans float more propaganda leaflets into North

Seoul :: South Korea | 1 day ago | No category

Source: GMA News

South Korea – South Korean activists sent propaganda leaflets over the border Thursday into North Korea, ignoring their own government's pleas to stop the practice and threats from the North to sever relations if it continues. North Korea announced last...

10 news stories / 3 blog posts / 26 images / 30 videos / 0 voices

S Korea lowers 2009 tax revenue prediction

Seoul :: South Korea | 1 day ago | Business News

Source: Xinhuanet.com

South Korea's Finance Ministry predicted Thursday that the country's internal tax revenues next year will be 143.65 trillion won (99.3 billion U.S. dollars), 2 percent lower from an earlier forecast. The income tax projection was lowered by 3.7 percent to...

4 news stories / 2 blog posts / 1 image / 3 videos / 0 voices

Fed Cuts Key Rate

Seoul :: South Korea | 22 days ago | Business News

Source: Fox News

The Federal Open Market Committee cut interest rates by a half percentage point Wednesday, clearly hoping to shore up investor confidence and prod a sagging economy. The move was widely expected on Wall Street. “It’s important for the market’s psychology...

35 news stories / 30 blog posts / 30 images / 30 videos / 0 voices

South Korea to Guarantee Foreign Debt

Seoul :: South Korea | about 1 month ago | Business News

Source: Washington Post

To shore up a tumbling stock market and a troubled currency, South Korea announced Sunday it would guarantee $100 billion of foreign debt and supply $30 billion to banks and exporters in urgent need of dollars. Amid a global financial...

22 news stories / 25 blog posts / 26 images / 30 videos / 0 voices

N.Korea's Kim in control, South's president says

Seoul :: South Korea | 18 days ago | Political News

Posted by shravanvijayaprasad

SEOUL (Reuters) - South Korea's president said North Korean leader Kim Jong-il, who was thought to have suffered a stroke in August, was still in control of his communist state, according to an interview published on Wednesday. U.S. and South...

44 news stories / 2 blog posts / 21 images / 22 videos / 0 voices

North Korea proposes military contact with South

Seoul :: South Korea | 27 days ago | Business News

Source: GMA News

South Korea – North Korea on Friday proposed a military meeting with South Korea, but also called its defense minister a traitor and a "reckless war maniac." Communist North Korea said it wants to discuss the "issue of military communication...

20 news stories / 17 blog posts / 25 images / 28 videos / 0 voices

Asian markets show signs of life!

Seoul :: South Korea | about 1 month ago | Business News

Posted by Majdy

After the big cut in the interest rate by the Australian Central Bank, Asian markets started showing signs of life. Main indices in South Korea, Taiwan, and Singapore all edged higher reacting positively to this bold move. RBA Gov. Glenn...

39 news stories / 5 blog posts / 3 images / 14 videos / 2 voices

South Korea Unveils Stimulus Plan

Seoul :: South Korea | 17 days ago | Business News

Source: Asian Wall Street Journal

The South Korean government early Monday proposed a fiscal stimulus plan of tax cuts and new government spending amounting to 14 trillion won, or about $11 billion, for next year to help cope with the likelihood of slower economic growth....

19 news stories / 6 blog posts / 30 images / 24 videos / 0 voices

Pusan International Film Festival ends on 'Happy' note

Pusan :: South Korea | about 1 month ago | Entertainment News

Posted by wisekwai

Asia's biggest film fest, the Pusan International Film Festival , closed on Friday with the world premiere of "I Am Happy", a love story between a patient and a nurse in a psychiatric ward by South Korean director Yoon Jong-chan....

14 news stories / 8 blog posts / 3 images / 5 videos / 14 voices