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July 25, 2008 11:31:38 PM CDT


Stories related to: South Korea

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Stories 1 - 20 of 88

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  • July 2008
    • Rev. Moon Hurt in Copter Crash

      Rev. Moon Hurt in Copter Crash

      The Rev. Sun Myung Moon, founder of the Unification Church and leader of the so-called Moonies, was among 16 people injured today after his helicopter crashed and burst into flames in South Korea, the BBC reports. The controversial religious leader—traveling with his wife, 11 family members and three crew members when heavy rains forced down the craft—reportedly has slight injuries. More »

      Tags

      South Korea   crash   helicopter   Unification Church   Reverend Sun Myung Moon

    • Ex-Samsung Boss Convicted in Tax Case

      Ex-Samsung Boss Convicted in Tax Case

      A South Korean court convicted former Samsung Chairman Lee Kun-hee of tax evasion today, but handed the country's iconic business figure a 3-year suspended sentence, leaving him free from prison, reports the AP. The Seoul court found Lee, who resigned in April when the charges were brought, guilty of not paying about $46 million in taxes and fined him $109 million. More »

      Tags

      South Korea   trial   Samsung   tax evasion   Lee Kun-hee

    • S. Korean Tourist Shot Dead by N. Korean Soldier

      S. Korean Tourist Shot Dead by N. Korean Soldier

      A North Korean soldier shot and killed a South Korean tourist when she wandered into a restricted area today, Reuters reports. The 53-year-old had been visiting the Mount Kumgang resort, just north of the border. The shooting could jeopardize thawing North/South relations, which had taken a huge step this morning, when South Korea offered a new food aid package to the North. More »

      Tags

      South Korea   North Korea   shooting   tourists   resorts

  • June 2008
    • US, S. Korea Reach Beef Deal

      US, S. Korea Reach Beef Deal

      All US beef imported into South Korea will come from cattle less than 30 months old, officials said today, in a deal made to placate South Korean protesters worried about mad cow disease. Nonetheless, thousands of protesters returned to the streets of Seoul, calling for a complete renegotiation of an April agreement to resume imports of American beef. More »

      Tags

      business   South Korea   beef   US exports   food industry   beef industry   imported food

    • Leader Offers Fresh Start as Korea Protests Snowball

      Leader Offers Fresh Start as Korea Protests Snowball

      South Korea's president is battling for his political life as swelling protests continue to rock the country, the New York Times reports. At least 100,000 people joined a massive anti-government rally in Seoul yesterday as Lee Myung-bak—himself a former participant in a pro-democracy student movement—pledged "a new beginning," just 4 months after taking office. He has asked his main political rival to become prime minister, reports Reuters. More »

      Tags

      protests   South Korea   Seoul   beef industry   Lee Myung-bak   Koreans

    • S. Korean Cabinet Offers to Resign Over US Beef Imports

      S. Korean Cabinet Offers to Resign Over US Beef Imports

      The entire South Korean government has offered to resign in the face of a popular protest triggered by the lifting of import restrictions on US beef. The Korean government withdrew a ban introduced to prevent mad cow disease, setting off demonstrations expected to bring a million people onto the streets today. The original agricultural dispute has expanded into a wider movement against Lee Myung-bak, the former construction executive elected president 4 months ago. More »

      Tags

      protests   South Korea   beef   beef industry   Lee Myung-bak   mad cow disease

    • FTC Opens Antitrust Investigation of Intel

      FTC Opens Antitrust Investigation of Intel

      The FTC has opened a formal investigation of Intel over allegations of monopolistic business practices, the Wall Street Journal reports. The world's biggest semiconductor company, which denies any wrongdoing, received a subpoena this week. Intel also learned that it faces a $25.4 million antitrust fine from South Korea, even as it prepares to fight competitor AMD’s private antitrust lawsuit in Delaware’s District Court. More »

      Tags

      South Korea   Intel   antitrust   competition   microprocessors   monopoly   Advanced Micro Devices   monopolistic practices

  • April 2008
    • Torch Protests Continue in S. Korea

      Torch Protests Continue in S. Korea

      The Olympic torch again met with a clash of protesters today as it arrived in South Korea, Reuters reports. Some South Koreans are angered by Beijing’s human rights record, but the majority are pro-Chinese, wearing their country’s flag and chanting, “No politics, only Olympics.” Despite 8,000 police officers, the rallies turned briefly violent when Chinese students kicked a South Korean protester and threw stones at anti-China demonstrators. More »

      Tags

      China   2008 Beijing Olympics   South Korea   North Korea   Olympic torch   Olympic protests   torch relay

    • Samsung Chairman Resigns

      Samsung Chairman Resigns

      The chairman of Samsung, Korea's leading exporter, has resigned after being indicted on multiple counts of tax fraud and breach of duty. Lee Kun-hee, whose resignation speech was carried live on all of South Korea's TV networks, has controlled the Samsung consortium since 1987. Lee, his wife, his son, and nearly a dozen other execs have been implicated in the scandal. More »

      Tags

      South Korea   corruption   Samsung   tax fraud   Lee Kun-hee

    • US to Press N. Korea on Nukes: Bush

      US to Press N. Korea on Nukes: Bush

      President Bush challenged rumors today that Washington will go easy on North Korea's nuclear program, the AP reports. Pyongyang must "provide a full declaration of its nuclear programs" and disable its reactor, Bush said at US talks with South Korean President Lee Myung-bak. "Some people are precluding, you know, jumping ahead of the game," Bush said. More »

      Tags

      South Korea   North Korea   Pyongyang   nuclear disarmament   economic sanctions

    • S. Korea Culls 3M Birds in Flu Fight

      S. Korea Culls 3M Birds in Flu Fight

      South Korea has sent in soldiers to kill and bury birds as bird flu spreads rapidly throughout the country, Reuters reports. More than 3 million farm birds have been culled so far, but fresh cases continue to be reported and the disease is heading for the capital. The entire country has been put on its second-highest alert level, although no human infections have yet been reported. More »

      Tags

      South Korea   outbreak   bird flu   avian flu   H5N1   cull   poultry

    • Samsung Head Indicted for Tax Fraud

      Samsung Head Indicted for Tax Fraud

      The chairman of electronic giant Samsung will stand trial for tax evasion and breach of duty after special prosecutors alleged corruption in South Korea's largest industrial corporation. Lee Kun-hee was indicted in Seoul today for evading $114 million in taxes and for incurring losses at Samsung while installing his son in leadership positions, Bloomberg reports. Nine other execs at Samsung were also charged with crimes. More »

      Tags

      South Korea   corruption   consumer electronics   Samsung   tax fraud   Lee Kun-hee

    • South Korea's First Astronaut Docks at ISS

      South Korea's First Astronaut Docks at ISS

      South Korea’s first astronaut arrived at the International Space Station today, and her country must be relieved—having paid $25 million to get her there, Space.com reports. The South Korean president called So-yeon Yi’s mission a “stepping stone” in that country’s fledgling space program; lacking ships of their own, they paid the Russians to take her on an 11-day spin. More »

      Tags

      NASA   International Space Station   South Korea   astronauts   satellite   Russian space program

    • Dubai Is the New Mecca for Theme Parks

      Dubai Is the New Mecca for Theme Parks

      The big US amusement companies—Six Flags, Universal, SeaWorld, Warner Bros., MGM—have all seen the future, and it's in Dubai. That's where the world's largest playland—a sprawling $64-billion collection of theme parks, golf courses, museums and hotels—is going up, but it's only the most dramatic of projects in the works all over the Middle and Far East, the Los Angeles Times reports. More »

      Tags

      South Korea   Dubai   Abu Dhabi   Singapore   DreamWorks   Universal Studios   Shanghai   amusement parks   Six Flags   theme park

  • March 2008
    • Irked North Korea Fires Test Missiles

      Irked North Korea Fires Test Missiles

      North Korea test-fired a number of short-range missiles into the waters off its west coast, according to South Korean officials, in an apparent show of anger at Washington and the new government in Seoul, Reuters reports. "We are monitoring the situation," said a South Korean presidential spokesman. The development comes at a key moment in the effort to rid North Korea of nuclear weapons, writes Bloomberg. More »

      Tags

      South Korea   North Korea   nuclear program   Kim Jong Il   nuclear disarmament   Lee Myung-bak   Six nation talks

    • North Korea Boots Officials from S. Korea

      North Korea Boots Officials from S. Korea

      South Korean officials left North Korea this morning, after receiving their eviction notice from Pyongyang. Relations have soured between the Koreas since the South demanded the North cease its nuclear activities, but the South said it was “undaunted” by the expulsion of its men. “We will deal with this issue in a pragmatic way,” said a government spokesman, without elaborating. More »

      Tags

      South Korea   North Korea   nuclear disarmament   diplomats

    • South Korea to Back UN on North Korea

      South Korea to Back UN on North Korea

      South Korea is set to vote in favor of a United Nations resolution that criticizes the "systematic, widespread, and grave violations" of human rights in North Korea, the AP reports. The South's new president, Lee Myung-bak, is changing a decade of precedent: earlier administrations have either abstained or been absent when the UN considers issues relating to the North. More »

      Tags

      United Nations   South Korea   North Korea   human rights   human rights violations   Lee Myung-bak

    • South Koreans Turn to Cambodia to Buy Wives

      South Koreans Turn to Cambodia to Buy Wives

      A clampdown on marriage brokers in Vietnam has made neighboring Cambodia the new destination for South Korean men seeking to buy wives, the AP reports. About 2,500 Cambodian women have married Koreans this way in the past four years in a process in which men choose from as many as 100 mainly poor women—and which is denounced as "human trafficking" by officials. More »

      Tags

      South Korea   Vietnam   Asia   Cambodia   human trafficking   arranged marriage

    • United Grounds 7 Jumbos

      United Grounds 7 Jumbos

      United Airlines has grounded seven Boeing 747s to check the cockpit instruments that indicate altitude during flight. The decision was prompted by the discovery that equipment at a facility in South Korea where the instruments had been checked were improperly maintained, the Wall Street Journal reports. The FAA uncovered the lapse and informed United. More »

      Tags

      South Korea   safety   FAA   United Airlines   inspection   Boeing 747   maintenance

  • February 2008
    • Korea's Kimchi Ready for Lift-Off

      Korea's Kimchi Ready for Lift-Off

      South Korea spent millions to make sure its first astronaut is well-prepared for his mission—by perfecting a space-safe kimchi, reports the International Herald Tribune . South Koreans put down 1.6 million tons of the national dish each year, and Ko San will blast off April 8 for a 10-day stint at the International Space Station with his share of fermented cabbage in tow. More »

      Tags

      International Space Station   South Korea   astronauts   space missions

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