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  • November 28, 2014
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  1. News - Asia - SOUTH KOREA

    S Korea military chiefs endorse development of home-built fighter jet

    Posted Jul 18th 2014, 04:16pm by Reuters in Seoul

    ... billion) to develop. Dubbed the KF-X programme, the fighter jet is expected to be built by the country’s sole jet builder, Korea Aerospace Industries (KAI), after being co-developed with US-based Lockheed Martin, two people with direct knowledge of the matter said. The Joint Chiefs said in a statement that they had endorsed a twin-engine fighter jet to be developed for delivery starting ...

  2. News - Asia - SOUTH KOREA

    South Korean children come last in 30-nation happiness survey

    Posted Nov 04th 2014, 10:25pm by Reuters

    ... they were with their lives. The South Korean government cited the stress of the nation's educational pressure cooker in the study among developed countries. The nation ranked at the bottom, ... Cooperation and Development, plus Romania, Latvia and Lithuania. The survey comes as around 600,000 South Korean students gear up for the annual college entrance exam, with places in prestigious ...

  3. Property - International - SOUTH KOREA

    Low interest rates prompt switch from deposit-based rentals in South Korea

    Posted Oct 22nd 2014, 05:16am by Reuters

    ... of 0.03 per cent in 2012. The jeonse system developed decades ago, when banks' lending was focused on financing Korea's rapid industrialisation, and the mortgage lending market ... development, but times have changed and much of the money does little for economic growth," Kwon said. If just 5 per cent of money now tied up in jeonse deposits flowed back into consumer ...

  4. News - Asia - SOUTH KOREA

    Japanese journalist faces defamation charges in Seoul over ferry report

    Posted Oct 09th 2014, 05:31am by AP

    ... Kishida said: "We are concerned about the development from the viewpoint of freedom of speech and bilateral relations." Sankei president Takamitsu Kumasaka demanded the indictment ...

  5. News - Asia - SOUTH KOREA

    UN racism envoy puts South Korea's reputation for prejudice to test

    Posted Sep 30th 2014, 04:26am by AFP

    ... Hyun-mee, a social sciences professor at Yonsei University, argues that discrimination in South Korea is partly a side-effect of the country's rapid economic development. The obsession ... perceive specific nations, mostly developed countries such as the US or UK, as their superiors... while perceiving economically developing countries as their inferiors with no specific ...

  6. Property - International - SOUTH KOREA

    South Korea's Yeouido financial hub sees office vacancies rise to record

    Posted Oct 01st 2014, 04:23am by Bloomberg

    ... A low-lying island in the middle of Seoul's Han River, Yeouido was home to peanut farms and an oft-flooded airport before being marked for development by president Park Chung-hee, a military ...

  7. News - Asia - SOUTH KOREA

    South Korea eyes doubling of cigarette prices to curb smoking

    Posted Sep 12th 2014, 04:07am by Reuters

    ... and Development. The government said it expected higher cigarette prices to deter teenagers from picking up the habit, as research showed youth were up to four times more price-conscious than adults. ...

  8. Property - International - SOUTH KOREA

    South Korea's homebuyers buoyed by eased mortgage curbs

    Posted Aug 27th 2014, 05:34am by BLOOM

    ... measures." A 10 per cent drop in home prices would more than double the interest-payment burden for those whose mortgages exceeded 60 per cent of the home value, the Korea Development Institute said ... of the Organisation for Economic Cooperation and Development, the regulator said. Finance Minister Choi's measures would boost the housing market in the short term, especially as interest rates fell, ...

  9. News - Asia - SOUTH KOREA

    Shrinking lake, sinkholes threaten 123-storey tower being built in Seoul

    Posted Jul 25th 2014, 10:13pm by AP

    ... Associated Press in Seoul Experts review 123-floor structure, which will be world's sixth tallest Shrinking lake, sinkholes hit tower For the developers of the world's sixth ... This month and last, residents in parts of Songpa district surrounding the development reported holes in at least two roads. One about 500 metres from the building site was half a metre wide and 20cm ...

  10. News - Asia - SOUTH KOREA

    South Korea scraps cash limit for its nationals visiting the North

    Posted Jul 31st 2014, 02:14pm by Reuters in Seoul

    ... and recently visited the port city of Rajin, which the North hopes to develop as an industrial zone. Ties between North and South Korea have been tense since the fatal shooting of a South Korean ...




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