Overseas Spending Hits Fresh Record
Overseas spending reached a record in the third quarter, which encompassed the height of the summer holidays and the long Chuseok or Korean Thanksgiving break. The Bank of Korea on Sunday said Koreans spent US$6.6 billion overseas from July to September.
Presidential Aides' Phones Point to Roles in Scandal
Almost 10,000 Shipbuilding Workers Don't Get Paid
Park Apology Fails to Appease Protesters
Number of Defectors Likely to Reach 30,000 This Month
Korea Imports More Iranian Oil
Recording Reveals Spat Between Cheong Wa Dae and CJ Group
NATIONAL/POLITICS
Ex-Presidential Secretary Appears for Questioning
Former presidential secretary Woo Byung-woo, who was in charge of auditing Cheong Wa Dae officials, was questioned for some 15 hours by prosecutors on Sunday and sent home early Monday morning.
NORTH KOREA
N.Korea Buys Record Amounts of Rice from China
North Korea imported record amounts of rice from China in September, apparently to stabilize prices amid rapid hikes, Voice of America reported on Thursday. The North imported 16,000 tons of rice worth US$9.9 million, from China in September.
BUSINESS
Number of Temporary Workers Over 60 Doubles
The number of temporary workers over 60 has more than doubled over the last decade. According to Statistics Korea on Sunday, there were 1.47 million workers without permanent contract over 60 as of August, a 2.4-fold increase from August 2006.