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Pyeongchang gets 2018 Olympics
On July 6, the mountain town of Pyeongchang, located about 180 kilometers east of Seoul, was finally named the host city of the 2018 Winter Olympics after falling in two earlier bids. The alpine town in Gangwon beat out Munich and Annecy, France, …
Dec 30,2011
A marriage made in heaven or hell
Samsung Electronics and Apple have been busy this year churning out hot new cell phones — and then suing each other for alleged patent violations of the same products. The feud officially began in April, when Apple filed a lawsuit in the U.S. s…
Dec 30,2011
Free trade agreement finally passes
The Korean and United States legislatures finally passed the Korea-U.S. free trade agreement this year after a more than four year impasse since its initial signing. The main chamber of the National Assembly broke out into a violent melee in the proc…
Dec 30,2011
Savings banks fall like dominos
Almost a year ago, authorities suspended the operations of Samhwa Mutual Savings — basically closing it for insolvency — and that touched off the shutting of 15 more savings banks over the succeeding months, separating depositors from any…
Dec 30,2011
The summer of the ‘water bombs’
The fiercest torrential rain in almost a century battered Seoul and other parts of the country in July, triggering fatal landslides and turning highways into canals and knocking out electricity to neighborhoods. Especially on July 27, Seoul received …
Dec 30,2011
Korean Wave makes second splash
Although many experts say the resurgence of the Korean Wave is only in its beginning stage, the second round has reached almost every continent in the world. The main beneficiaries of ubiquitous hand-held smartphones may, of course, be mobile phon…
Dec 30,2011
Kim’s aunt, uncle are North’s power couple
The uncle and aunt of new North Korean leader Kim Jong-un continue to emerge as key powers behind the throne, with Jang Song-thaek finally clinching a military title he had long been denied. Jang, 65, husband of late leader Kim Jong-il’s beloved…
Dec 29,2011
General whose fortunes rose with Kim Jong-un
One of the overlooked ways to get ahead in the North Korean military is to show the strategic and tactical skills needed to direct a military parade. Kim Jong-gak, 70, led a grand parade in October 2000 that marked the 55th anniversary of the No…
Dec 28,2011
Kim Il Sung defender’s son poised to advise ‘great comrade’
Choe Ryong-hae, a secretary of the North Korean Workers’ Party and a confidant of Kim Il Sung, North Korea’s first president, appears to be solidifying his position as the senior adviser to Kim’s grandson, Kim Jong-un. Choe’s advance is a reflec…
Dec 27,2011
The North’s most important general
When Pyongyang released the names of the people on the committee organizing the funeral of Kim Jong-il, experts scrutinized it as a map to the inner circle of new leader Kim Jong-un. The first three names on the 232-person list were unsurprising…
Dec 26,2011
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