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Korea state lender to sell stake in aircraft-maker

Korea state lender to sell stake in aircraft-maker

01-Aug-2012 Intellasia | AFP | 7:01 AM

South Korea’s state policy lender said Monday it would complete this year the sale of a controlling stake in aircraft maker Korea Aerospace Industries (KAI), in a deal [...]
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Senior N Korea leader to visit Vietnam, Laos

Senior N Korea leader to visit Vietnam, Laos

31-Jul-2012 Intellasia | AFP | 7:44 AM

North Korea’s ceremonial head of state Kim Yong-Nam is to visit Laos and Vietnam, Pyongyang’s official news agency said on Monday. Kim “will soon pay [...]
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Korea manufacturer confidence drops to 3-year low

31-Jul-2012 Intellasia | Bloomberg | 7:01 AM

South Korean manufacturers’ confidence dropped to the lowest level in more than three years as Europe’s worsening fiscal crisis damped sentiment in a country [...]
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N Korea warns of more rain after deadly floods

N Korea warns of more rain after deadly floods

31-Jul-2012 Intellasia | AFP | 7:01 AM

North Korea warned that more rainstorms will hit the country’s north and western coastal regions this week, after recent flooding killed 88 people and left tens of [...]
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N Korea forecasts new storm damage after deadly floods

N Korea forecasts new storm damage after deadly floods

31-Jul-2012 Intellasia | AFP | 7:01 AM

North Korea said Sunday it was being lashed by severe thunderstorms that could cause major damage, just days after flooding that killed scores and left tens of thousands [...]
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N Korea’s ‘first lady’ debut highlights secrecy

N Korea’s ‘first lady’ debut highlights secrecy

31-Jul-2012 Intellasia | AFP | 7:01 AM

As celebrity wedding announcements go, North Korea’s was terse. It was probably also three years out of date. And it highlighted again how little is known about the [...]
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N Korea rejects possibility of major reforms

N Korea rejects possibility of major reforms

30-Jul-2012 Intellasia | AFP | 8:56 AM

North Korea Sunday warned the South not to expect any major reforms under the leadership of Kim Jong-Un, with a senior official rejecting discussion of potential policy [...]
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N Korea vows tough action against US

N Korea vows tough action against US

30-Jul-2012 Intellasia | AFP | 8:52 AM

North Korea on Sunday vowed tough action against the United States, accusing it of plotting to blow up statues of its founding leader in a bid to stir turmoil in the isolated [...]
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8.7m mobile customers hacked in Korea

8.7m mobile customers hacked in Korea

30-Jul-2012 Intellasia | AFP | 8:47 AM

South Korean police have arrested two hackers who stole personal data of 8.7 million customers of the nation’s second-biggest mobile operator, the company said. KT said [...]
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Korea current account surplus hits record in June

Korea current account surplus hits record in June

30-Jul-2012 Intellasia | AFP | 7:01 AM

South Korea’s current account surplus hit a record high in June as imports declined in value due to falling oil prices and the gloomier economic outlook, the central [...]
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Smartphones power Samsung to record $4.5b net profit

Smartphones power Samsung to record $4.5b net profit

30-Jul-2012 Intellasia | AFP News | 7:01 AM

South Korea’s Samsung Electronics Friday posted a record net profit of 5.19 trillion won ($4.53 billion) in the second quarter, powered by strong smartphone sales [...]
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More empty stomachs in N Korea as Kim plans reforms

More empty stomachs in N Korea as Kim plans reforms

28-Jul-2012 Intellasia | Reuters | 8:33 AM

Talk that North Korea’s young leader plans to reform the broken economy is already having an impact. It’s helping send rice prices even further out of the reach [...]
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Korea’s current-account surplus widens to record

28-Jul-2012 Intellasia | Bloomberg | 7:01 AM

South Korea’s current-account surplus widened to a record in June as concern over slowing global growth capped consumer sentiment and demand for imports. The surplus [...]
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Korean economic growth falls to near 3-year low

Korean economic growth falls to near 3-year low

28-Jul-2012 Intellasia | AFP | 7:01 AM

South Korea’s economic growth fell to a nearly three-year low in the second quarter as exports and capital expenditures shrank due to a slowdown in China and [...]
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Korean says China tortured him in custody

28-Jul-2012 Intellasia | Nytimes | 7:01 AM

A South Korean advocate for democracy in North Korea claimed on Wednesday that he was tortured by Chinese state security agents during his three-month detention in China. The [...]
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