Most Koreans Feel Economy Is in Crisis
The vast majority of Koreans believe the economy is in a state of emergency, a poll suggests. In the poll by Research and Research for the Chosun Ilbo and Korea Economic Research Institute, 51.4 percent of respondents said there is a serious economic emergency underway, and 39 percent a slight emergency.
Statues in China Honor Sex Slavery Victims
Widowers Die Faster Than Married Men
Average Korean CEOs Is Weeks Short of Retirement Age
New iPhones Fly Off Shelves
Venture Companies Buck Dwindling Export Trend
GM Korea's Compact SUV Likely to Be Best-Selling Korean Car Overseas
Top U.S. Diplomat to Discuss N.Korea Sanctions in Seoul
U.S. Deputy Secretary of State Tony Blinken will visit Seoul for Friday and Saturday to discuss North Korea policies. The visit comes about a week after the defense and foreign ministers of the two countries met in Washington.
Another N.Korean Missile Launch Flops
North Korea botched the launch of another mid-range missile on Thursday, five days after the last one blew up shortly after lift-off. The launch came around 7 a.m. Thursday, shortly after the foreign and defense ministers of South Korea and the U.S. met in Washington.
Restructuring Shipbuilders 'Will Cost W31 Trillion'
Korea is expected to spend W31 trillion to mop up and downsize its ailing shipbuilding and shipping industries, the International Monetary Fund projects in a recent report. The IMF said it will take a decade for Korea to recover the money.