Private Banking Spreading in N.Korea
Private banks are sprouting up in North Korea, even offering automatic teller machines in Pyongyang, according to a source. The source, who travels frequently to and from Pyongyang, said money-lenders who have grown rich are opening small banks. >> Full Text

More Losses Devastate Big 3 Shipbuilders
Hyundai Heavy Industries, the world's largest shipbuilder, suffered an estimated W500 billion in operating losses in the third quarter of this year. That would bring the accumulated operating losses for the company to some W900 billion so far this year, with losses for the full year to exceed W1 trillion. >> Full Text

Lotte Skyscraper Adopts Cutting-Edge Construction Method
A 120-m spire that will sit on top of the new Lotte World Mall in southern Seoul will be a "diagrid" structure to make it withstand 80m/s winds and earthquakes measuring up to nine on the Richter scale. Diagrid is a steel design for large buildings that creates triangular structures with diagonal support beams. >> Full Text

People enjoy pampas grass at Haneul Park in Seoul on Monday. /Newsis

Senior high schoolers receive bouquets to mark 30 days until the annual college entrance exam at a school in Seoul on Monday. /Newsis

Actress Uhm Ji-won poses at a preview of her new film "The Phone" in Seoul on Monday.

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