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S Korea beats Thailand at Sudirman Cup badminton championships
South Korea's Lee Yong Dae (front) and Ko Sung Hyun compete during men's doubles at the the 2013 Sudirman Cup world mixed team badminton championships against Jongjit Maneepong and Puanguapech Nipitphon of Thailand in Kuala Lumpur, Malaysia, on May 21, 2013. Lee Yong Dae and Ko Sung Hyun won 2-0. (Xinhua/Zhang ...
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Seoul shares end at 7-week high on foreign buying autos
Wed May 22, 2013 3:23am EDT * Seoul shares rise as foreign buying extends to 4th day * Auto stocks rally on hopes over union agreement SEOUL May 22 (Reuters) - Seoul shares hit a 7-week closing high on Wednesday on robust foreign investor buying after Federal Reserve officials played down the chances of scaling back the bank's stimulus programme, with rallies in autos further lifting the ...
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UPDATE 1-S.Koreas Iran crude imports for April down 44.4 pct yy
Wed May 22, 2013 1:41am EDT * Crude imports from Iran in April at 4.18 mln bbls -data * Iranian imports for month below expectations * Total April crude imports at 69.12 mln bbls, down 5.6 pct y/y * Dec 2012-April 2013 Iran crude imports at 157,596 bpd (Adds details) By Meeyoung Cho SEOUL, May 22 (Reuters) - South Korea's imports of Iranian crude in April fell nearly 45 percent from a year ...
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South Korea's tool for northern diplomacy
A 66 square kilometre industrial complex just over the border is an important part of reconciliatory efforts between South Korea and the North. It is important to the economy as well, but its diplomatic significance runs far deeper.
The Kaesong Industrial Complex is the only industrial special administrative region that still exists as a joint agreement between North and South Korea. Following the sinking of the ROKS Cheonan, relations between the two countries deteriorated significantly, with South Korea accusing the North of the attack and the North subsequently denying involvement. Read more
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