The Chosun Ilbo (English Edition): Daily News from Korea

N.Korean Purge 'All About the Money': A swathe of stories emerging from North Korea attribute the recent purge surrounding eminence grise Jang Song-taek to prosaic financial motives. The regime is believed to have maintained a slush fund of an estimated US$4 million abroad. >> Full Text

Another Japanese Video Promotes Dokdo Land Grab: The Japanese government on Wednesday published a video in Korean and eight other languages promoting Tokyo's colonial claim to Korea's Dokdo islets. The Japanese Foreign Ministry posted the video on its website as part of a broader campaign by Japan's rightwing administration to stir voters with the rhetoric of resurgent nationalism. >> Full Text

Pop Culture Attracts Capital, Tourists to Korea: K-pop and Korean soap operas are making a great contribution to attracting foreign capital to Korea, the Wall Street Journal blog claimed Monday. "Korean debt issuers looking to attract overseas investors now have two surefire conversation starters: K-pop and TV dramas, one banker notes," according to the paper. >> Full Text