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    Much of Seoul bears the distinct stamp of the 21st century -- 12-lane freeways carry a constant stream of traffic between steel-and-glass skyscrapers. But if you look more closely, you'll find ancient temples miraculously spared destruction in the Korean War, as well as painstakingly restored historic palaces whose designs date back centuries. Great effort has gone into preserving Korean history and culture despite what seems like a headlong rush into the future. Mere steps away from the bustle of commerce, you can find yourself in the serenity of a traditional garden or a market overflowing with ginseng, jade and dried squid.



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    Friday 5th September, 2008RSS Feed 
  • Samsung considering M&A deal with SanDisk
    Congoo
    Marketwatch) -- Samsung Electronics Co., the world's largest producer of flash-memory chips, said Friday it is considering buying U.S. chipmaker SanDisk Corp., but added that a...

  • Outlook Dims For Samsung
    Congoo
    There's a crisis of confidence in Samsung Electronics. Its second-quarter earnings rose, but not enough to meet analsyts' esimates, and, combined with a weak market for computer-memory chips plus the...

  • Samsung may buy SSD, memory-maker SanDisk
    Congoo
    Idg News Service) Samsung is eyeing a possible acquisition of SanDisk, a maker of flash memory and solid state disks. The company, which is the world's largest computer memory maker in the...

  • Samsung contemplating SanDisk acquisition
    Congoo
    Samsung Electronics is looking into snapping up SanDisk, according to a late-Thursday post on PaidContent The South Korean consumer electronics maker confirmed that it is exploring 'various...

  • South Korea says critical moment for North nuclear deal
    Daily Nation
    South Korea's top nuclear envoy Kim Sook speaks to the media at the Integrated Government Complex in Seoul, before his departure to Beijing....

  • Japan, S. Korea, U.S. agree to continue efforts over N. Korea+
    Breitbart
    Updating WITH JAPANESE DELEGATE'S COMMENTS) Japan, South Korea and the United States on Friday shared concern over recent developments over North Korea and...

  • Rules on currency exchange, forex to be eased
    JoonAng Daily
    The Ministry of Strategy and Finance said yesterday that it is raising the annual limit on sending money overseas without having to prepare documentation, from the current $50,000 to between $70,000...

  • Kospi down as shipping, steel shares dumped
    JoonAng Daily
    Korean stocks closed lower yesterday as investors unloaded shipping and steel shares on overnight setbacks in U.S. markets and lingering woes over financial instability, analysts said.

  • As sell-off fears dissipate, markets are calming down
    JoonAng Daily
    Contrary to speculation that there would be a huge bonds sell-off by foreign investors this month, Financial Supervisory Service data shows that in the first three days of September alone, foreign...



  • Kookmin gets the nod for financial holding firm
    JoonAng Daily
    Top lender Kookmin Bank said yesterday it can successfully launch a financial holding company as it has received enough support from investors to proceed with its plan.

  • Cracker maker denies flouting rules
    JoonAng Daily
    Nongshim, the snack maker responsible, should have recalled more than 10 percent of the crackers produced that day, according to the Korea Food and Drug Administration. This is the standard set by...

  • U.S. envoy calls for verification of DPRK
    Congoo
    Top U.S. nuclear talks negotiator Christopher Hill on Friday called for verification of the nuclear declaration of the Democratic People's Republic of Korea. 'We...

  • Weak jobs news drops U.S. stocks; global markets down
    Congoo
    Stocks fell a second straight session Friday on news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace. The Dow Jones industrial average...

  • Losses mount at 21 English villages
    JoonAng Daily
    In a small town in Paju, Gyeonggi, that attempts to recreate life in the West, 20 students from a nearby elementary school practice English in a post office with native English-speaking teachers....

  • The truth about U.S. beef
    JoonAng Daily
    Foreign Minister Yu Myung-hwan, right, is sworn in as a witness yesterday at the Assembly hearing on the deal to resume imports of U.S. beef. The special Assembly committee ended its investigation of...

  • Fast-growing hospital in tax probe
    JoonAng Daily
    Wooridul Spine Hospital, a well-known spinal disease treatment cen-ter, is being investigated by tax authorities. The National Tax Service said yesterday that the Seoul Regional Tax Office has been...

  • Leak at GS Caltex exposes personal info of 11 million
    JoonAng Daily
    Police began investigating a personal data leak yesterday that could affect close to one in five Koreans. From home addresses to cell phone numbers, the private information of 11 million people was...

  • Curtiss-Wright Receives $18 Mln Contract From Korea Aerospace Industries For Helicopter
    Congoo
    Curtiss-wright Corp. (CW: News ) said it received a contract from Korea Aerospace Industries Ltd. to supply an electronics package that will provide protection against ice build-up on the...

  • CORRECTED - Lehman credit spreads widen amid KDB speculation
    Congoo
    Corrects headline and first paragraph to show spreads rose, not fell) The cost to insure debt of Lehman Brothers (LEH.N: Quote, Profile, Research, Stock Buzz) rose on...

  • Before the Bell-SanDisk jumps on Samsung
    Congoo
    Reuters) - Shares of SanDisk (SNDK.O: Quote, Profile, Research) jumped 33 percent to $17.90 before the bell on Friday after Samsung Electronics Co Ltd (005930.KS: Quote, Profile, Research), the...

  • Asia Round Up-- S. Korean Q2 GDP Growth Slows; Inflation Eases In Taiwan, Hits 17-Year
    Congoo
    Friday saw some key economic data releases from major Asian economies, of which South Korean national accounts data and inflation reports from the Philippines and Taiwan were in focus....

  • Samsung shows interest in SanDisk
    Congoo
    Samsung Electronics said Friday it is considering acquiring SanDisk, but the South Korean chip maker gave no details about its interest in the U.S. firm. 'We are reviewing the...

  • Samsung mulls $3bn bid for SanDisk$
    Congoo
    Samsung, the South Korean electronics titan, is mulling a takeover of Americaâ??s SanDisk that could spark an international bidding war for the Silicon Valley chip maker and would dramatically...

  • Parties Haggle Over Arresting Lawmakers
    The Korea Times
    ... young Staff Reporter Governing and opposition parties failed to narrow their differences over approving a motion to arrest two opposition lawmakers Friday during the first plenary...

  • Won Gains; KOSPI Falls
    The Korea Times
    ... young Staff Reporter The Korean won rose against the dollar for the second consecutive day Friday after roller-coaster trading to close at 1117.8 won. The stock market, however, fell...

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