March 23, 2015 | 0
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Showing posts with label Korea. Show all posts
Showing posts with label Korea. Show all posts
R.I.P.; North Korea Leader Kim Jong-il Dies Aged 69 [Video]
Written By Admin on Wednesday, December 21, 2011 | December 21, 2011
LinkedIn Launched In Korean, Indonesian and Malaysian Languages
Written By Bob Goswami on Thursday, December 1, 2011 | December 01, 2011
By BOB Goswami
December 01, 2011
World's largest professional network LinkedIn launched three local languages in Asia to boost usage of the social network. It introduced Bahasa Malaysia, Bahasa Indonesia and Korean languages in its continued expansion plans in the continent.
LinkedIn Managing Director and Vice President of APAC and Japan Arvind Rajan announced this today in a blog post.
He said the new three local languages will support better the growing number of professionals in the social network site. It will also precipitate a whole new generation of members locally in LinkedIn, enhancing experience of the community, added Rajan.
Currently there are more than 20 million members in LinkedIn from Asia-Pacific and Japan and the company aims of adding large numbers of members of the 55 million plus Facebook users in the three countries.
According to LinkedIn, there are more than 800,000 professionals in LinkedIn from Indonesia, about 300,000 from Korea and nearly 700,000 from Malaysia.
The three newly launched website for local languages are my.linkedin.com, in.linkedin.com and kr.linkedin.com. Members who are now using the website in English can switch to their own language settings from linkd.in/changelanguage.
Apart from English, LinkedIn is also available in French, Italian, German, Japanese, Portuguese, Romanian, Swedish, Turkish, Spanish and Russian.
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| LinkedIn for mobiles |
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| LinkedIn head Arvind Rajan |
December 01, 2011 | 0
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Somali Pirates Releases Singaporean Hijacked Ship
By STAFF Writer
December 01, 2011
GLORY HIJACKED NEWS - Somali pirates released yesterday, November 30, Singaporean Glory ship hijacked 215 days ago off east African coast. 29,871-tonne chemical tanker MT Gmini had 23 crew on board but only 21 of them have been freed. The pirates kept 4 South Korean seaman captive, including the captain, even after a promise was made earlier to release all. The released crew non-Korean.
The Singaporean ship, owned by Glory Ship Management, was on tshe way from Indonesia through east African coast to Kenya carrying 28,000 tonnes of crude palm oil when it was hijacked on April 30 and diverted to Somalia.
Thirteen Indonesian, 3 Myanmar nationals, 4 South Koreans and five Chinese crew members were on board. Soon after the undisclosed sum in ransom was dropped from a helicopter, the Somali pirates left Glory at port of Hobyo in Somalia.
The pirates have called for freeing their mates who were captured in January this year in a South Korean naval operation and were sentenced to prisons ranging from 13 years to life. In the operation the navy commandos raided the hijacked ship and rescued all 21 crew members. Five Somali pirates were captured and eight others were killed.
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| Somali Pirates (file photo) |
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| Somali Pirates (file photo) |
December 01, 2011 | 0
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Lie-Detection To Fight Corruption In South Korea’s Football League
Written By one-liners on Monday, July 11, 2011 | July 11, 2011
By ONE Liners Agency
July 11, 2011
SOUTH KOREA NEWS – An innovative method at its best to fight corruption in sports, South Korea has introduced lie-detector tests to catch players who find truth a bit compromising before money.
After a match-fixing scandal revealed top players involvement, South Korea’s football league has decided to introduce this ultimate corruption battler in the sport. The corruption is also notably spread through other sport as well.
Investigation team questioned teams and top players from six teams are now under investigation
To avoid disgrace, the K-League has introduced some damage control measures to tackling this huge scandal, raising the player’s minimum wage and also imposed new sanctions on guilty players.
After the revelation of match fixing scandal in South Korea football, many clubs have now under threat of sanctions that will be found guilty after investigation. There are series of seminars conducted to preventing corruption in sports, and it will compulsory for players to attend the seminar; failing could lead them to be suspended from the sports.
The K-League takes a stick and carrot approach to fight this issue, doubling the minimum wage for players, hoping to remove the temptation of money.
The minimum wage is currently around $11,000 (£6,900) - less than half the national average income.
So far 46 players and 11 gamblers are under the charge of match fixing and many others under the investigation. 10 players are given lifetime bans.
July 11, 2011 | 0
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China, The Key To Tab Against North Korea Provocations: U.S Military
Written By Anonymous on Thursday, November 25, 2010 | November 25, 2010

By ETHAN Markoff
CHINA NEWS - China can play a pivotal role to put restrain against provocative behavior of North Korea, the top U.S military official said Wednesday.
Adm. Mike Mullen, chairman of the Joint Chiefs of Staff said in an interview that in a recent crisis of war between North and South Korea, China could play the key role to stop the behavior of North Korea. He further emphasis on role of China to influence North Korea to stop provocative actions.
China, Mullen said, has much at stake in stopping North Korea's leader Kim Jong Il from taking more provocative actions.
The United States is hoping China would impose or strict its economic support and trade with North Korea to exercise influence to tame the provocative actions of North Korea.
It is reported that President Obama will call Chinese President Hu Jintao in the next few days to discuss the issue over North Korea.
State Department spokesman P.J. Crowley said Tuesday that China would play a key role in moving North Korea in a different direction. The economic and trade influence could restrain North Korea to a greater degree, U.S is now hoping China to influence North Korea to reduce tensions that have risen from North Korean provocations and then secondarily to put pressure on nation to stop nuclear enrichment possibilities.
China still to condemn its neighbor for sudden attack on Korean border, however, maintaining a diplomatic pressure by emphasis on talks with Pyongyang.
After North Korea attack on South Korea, China strongly urged both sides to maintain peace and restrain, and forces them to engage in talks as quickly as possible in order to prevent similar incidents in future.
In the meanwhile President Obama has declared a joint exercise with South Korea against North Korea.
November 25, 2010 | 0
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Wartime Alert Level Raises On Korean Border
Written By one-liners on Tuesday, November 23, 2010 | November 23, 2010
By ETHAN Markoff
SOUTH KOREA NEWS - Artillery fire exchanged on Korean border when North Korea army fired artillery shells onto a populated island near disputed waters, prompting return fire from South Korea. It is reported of injuring civilians and soldiers due to sudden conflict.
South Korea has issued its highest non-wartime alert in response.
In return South Korea has fired from F-16 fighter jets to the western sea. The conflict broke when dozens of the shells fired on a South Korean island, from which plumes of smoke were rising. At least four soldiers are said to have been hurt.
It is considered one of the serious conflicts between two neighboring nations since the Korean War in the year 1950s. According to reports, top South Korean leaders are planning in an underground bunker in Seoul.
South Korean officials reported that a North Korean artillery unit started an illegal firing at 1434 PM (0534 GMT) and in return South Korean troops scrambled F-16 fighter jets to the western sea and fired.
The conflict damaged dozens of houses, while a South Korean television showed plumes of smoke rising above the island.
Incidentally, the conflict comes days after North Korea revealed a modern nuclear power plant, potential threat to develop nuclear weapon.
On one side US keep emphasis on denuclearisation while Pyongyang continues to work on nuclear plant.
SOUTH KOREA NEWS - Artillery fire exchanged on Korean border when North Korea army fired artillery shells onto a populated island near disputed waters, prompting return fire from South Korea. It is reported of injuring civilians and soldiers due to sudden conflict.
South Korea has issued its highest non-wartime alert in response.
In return South Korea has fired from F-16 fighter jets to the western sea. The conflict broke when dozens of the shells fired on a South Korean island, from which plumes of smoke were rising. At least four soldiers are said to have been hurt.
It is considered one of the serious conflicts between two neighboring nations since the Korean War in the year 1950s. According to reports, top South Korean leaders are planning in an underground bunker in Seoul.
South Korean officials reported that a North Korean artillery unit started an illegal firing at 1434 PM (0534 GMT) and in return South Korean troops scrambled F-16 fighter jets to the western sea and fired.
The conflict damaged dozens of houses, while a South Korean television showed plumes of smoke rising above the island.
Incidentally, the conflict comes days after North Korea revealed a modern nuclear power plant, potential threat to develop nuclear weapon.
On one side US keep emphasis on denuclearisation while Pyongyang continues to work on nuclear plant.
November 23, 2010 | 0
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G-20 Summit Meets To Find A Solution For Global Currency War
Written By Malila Harris on Tuesday, November 9, 2010 | November 09, 2010

By MALILA Harris
KOREA NEWS - The global currency war has put bar on global economic recovery. To find a solution to the problem, the Group of 20 nations are planning to meet in Seoul next week.
The meeting is expected to a find long lasting solution for international concern, putting behind national interests and tame the crisis. The cooperation among countries are needed to find a solution with a common consensus.
South Korean President Lee Myung Bak said that cooperation among all countries was of utmost importance. and if all the countries looked for their own selfish need that would bring trade protectionism and in long run would cost world economy a big problem. He was hopeful to attain a good results from the future summit.
To be in safe side and protect from the global crisis, major economies have allowed their currencies to depreciate aftermath the global crisis and made their exports cheaper and imports expensive.
In the process of devaluation dollar weakens and currencies like euro and the Chinese Yuan have become strong, allowing China to bring a huge trade surplus.
In a recent announcement US Federal Reserve that buys up to $600 billion of government debt to boost economic growth and increase employment rates. It is reported that US has facing a 10% decline in its economic growth that put huge pressure on US President.
European Commission President Barroso and European Council President Van Rompuy asked for a political commitment to cooperate among nations and find a long term solution. They find the tension of global currency has caused much headache to global economy.
November 09, 2010 | 0
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A Tryst With Family: North Korean Meets South Korean In A Grand Reunion
Written By Gautam Jha on Saturday, October 30, 2010 | October 30, 2010

By Gautam Jha
SEOUL NEWS: Long separated Korean families are going to meet each other on Oct 30. 435 South Koreans will cross North Korean border for the reunion of families after six decades despite the exchange of fire last night. The reunions will take place at the Mount Kumgang resort on the North's south-eastern coast, near the border. The divided families will get the chance to meet one another for a brief period after six decades.
Amidst the heightening tensions following the exchange of fire between North Korean and South Korean army, the reunions will take place as scheduled promised the Unification Ministry. The South Koreans, from 97 families, will spend three days with 97 relatives in North Korea, from whom they have been separated by war six decades ago. Family members are thrilled in anticipation of meeting their kith and kin after such a long time. Lee Moon-Yeong, in his 70s is very nostalgic and enthusiastic to meet his long separated brother. Earlier, he had suspected that his brother might have been killed in war after joining the North Korean army during the Korean war. The situation has compelled him to think because Lee's second brother was died in 1952 while fighting as a South Korean soldier.
Following the Saturday-Monday reunions, another batch of 96 South Koreans will be reunited with 207 North Koreans from Wednesday to Friday at the same place. Korean people are exemplifying the notion that human relations are above all. Its a brave step of vulnerable emotion.
SEOUL NEWS: Long separated Korean families are going to meet each other on Oct 30. 435 South Koreans will cross North Korean border for the reunion of families after six decades despite the exchange of fire last night. The reunions will take place at the Mount Kumgang resort on the North's south-eastern coast, near the border. The divided families will get the chance to meet one another for a brief period after six decades.
Amidst the heightening tensions following the exchange of fire between North Korean and South Korean army, the reunions will take place as scheduled promised the Unification Ministry. The South Koreans, from 97 families, will spend three days with 97 relatives in North Korea, from whom they have been separated by war six decades ago. Family members are thrilled in anticipation of meeting their kith and kin after such a long time. Lee Moon-Yeong, in his 70s is very nostalgic and enthusiastic to meet his long separated brother. Earlier, he had suspected that his brother might have been killed in war after joining the North Korean army during the Korean war. The situation has compelled him to think because Lee's second brother was died in 1952 while fighting as a South Korean soldier.
Following the Saturday-Monday reunions, another batch of 96 South Koreans will be reunited with 207 North Koreans from Wednesday to Friday at the same place. Korean people are exemplifying the notion that human relations are above all. Its a brave step of vulnerable emotion.
October 30, 2010 | 0
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South Korea Imposes Sanctions On Iran’s Companies
Written By Anonymous on Wednesday, September 8, 2010 | September 08, 2010

By ETHAN Markoff
SOUTH KOREA NEWS – Despite Iranian president Mahmoud Ahmadinejad fiery warnings, South Korea has enforced economic sanctions on 126 Iranian companies Wednesday. Earlier Iranian firebrand president warned that the sanctions would smash up the budding trade between two countries.
South Korea’s action has considerably hamstrung Bank Mellat’s Seoul office, which at presently looks after 70 percent export business to Iran. The office is the Iran second largest bank and only office in Asia. Earlier United States pointed a finger at the bank, blaming for the facilitation of millions of dollars in transaction for Iranian nuclear and defense programs.
After these sanctions, the bank needs permission from the Bank of Korea, the central bank for all financial deals. Moreover, South Korea is contemplating to shelve bank’s operation for indefinite period. The third country transaction to Iran through the bank will be suspended.
“The Seoul branch cannot operate normally any more,” said a senior Foreign Ministry official, who briefed reporters on condition of anonymity.
According to the sources, South Korea has been under a constant pressure from US to impose sanctions on Iran. On the other hand Seoul has the largest export market in Iran and it would be a tough decision for both countries.
The 10 percent of crude oil comes from Iran to South Korea and Iran warned that it will shun South Korean cars and electronics if South Korea aims Sanctions on Iranian companies.
In an official statement, Seoul declared that the ban on Iran echoes its own desire to stop North Korea growing nuclear obsession. Last month Washington imposed similar kinds of ban on North Korea and asked South Korea to join economic sanctions against Iran.
South Korea cleared that it will not stop oil import from Iran but shun all new investments both financial and technical. In addition, Iran will also devoid of all building contracts by South Korea.
The trade between two countries had grown to to $9.6 billion last year, up from $2.9 billion in 2001.
SOUTH KOREA NEWS – Despite Iranian president Mahmoud Ahmadinejad fiery warnings, South Korea has enforced economic sanctions on 126 Iranian companies Wednesday. Earlier Iranian firebrand president warned that the sanctions would smash up the budding trade between two countries.
South Korea’s action has considerably hamstrung Bank Mellat’s Seoul office, which at presently looks after 70 percent export business to Iran. The office is the Iran second largest bank and only office in Asia. Earlier United States pointed a finger at the bank, blaming for the facilitation of millions of dollars in transaction for Iranian nuclear and defense programs.
After these sanctions, the bank needs permission from the Bank of Korea, the central bank for all financial deals. Moreover, South Korea is contemplating to shelve bank’s operation for indefinite period. The third country transaction to Iran through the bank will be suspended.
“The Seoul branch cannot operate normally any more,” said a senior Foreign Ministry official, who briefed reporters on condition of anonymity.
According to the sources, South Korea has been under a constant pressure from US to impose sanctions on Iran. On the other hand Seoul has the largest export market in Iran and it would be a tough decision for both countries.
The 10 percent of crude oil comes from Iran to South Korea and Iran warned that it will shun South Korean cars and electronics if South Korea aims Sanctions on Iranian companies.
In an official statement, Seoul declared that the ban on Iran echoes its own desire to stop North Korea growing nuclear obsession. Last month Washington imposed similar kinds of ban on North Korea and asked South Korea to join economic sanctions against Iran.
South Korea cleared that it will not stop oil import from Iran but shun all new investments both financial and technical. In addition, Iran will also devoid of all building contracts by South Korea.
The trade between two countries had grown to to $9.6 billion last year, up from $2.9 billion in 2001.
September 08, 2010 | 0
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Northeast China Suffers From Harsh Flood
Written By Malila Harris on Sunday, August 22, 2010 | August 22, 2010

By MALILA Harris
Northeast China has seen one of the worst-ever flood in decades. At least 127,000 people were evacuated from the region after a huge deluge swept away homes and people. The torrential rains wiped away several homes along the border with North Korea. The official said that at least four people were killed and one was missing in the northeastern province of Liaoning.
From last a few month China has been suffering from severe deluge in many parts and just before the flood in northeastern region, at least 1,400 people were killed in mudslides in Gansu province.
The Yalu River separates China from North Korea and this year due to heavy rain river has broken its banks. The city of North Korea that is bordered China also faced the brunt of flood. The heavy deluge has submerged the city of Sinuiju. Korea has already deployed military to evacuate people from the region. Already 5,150 people are evacuated and no death reported so far.
The North Korean city is an important region from the point of view of trade. Much of the country’s economy is depended on the city’s daily trade deals.
North Korea has had been always a victim of natural calamity like flood and drought. The agricultural sector has got much affected by the continuous flood. Already much of forest belt is denuded for firewood and other purposes, so the region is now under frequent landslide and flash floods.
In China flood has destroyed five cities and wiped out homes and buildings, causing a huge lose of around least $100 million.
August 22, 2010 | 0
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North Korea Calls for Better Relations With U.S.
Written By one-liners on Friday, January 1, 2010 | January 01, 2010
SEOUL, South Korea — North Korea called on Friday for an end to “the hostile relationship” with the United States, issuing a New Year’s message that highlighted the reclusive country’s attempt to readjust the focus of six-party nuclear disarmament talks.
In an editorial carried by its major state media outlets, North Korea said that its consistent stand was “to establish a lasting peace system on the Korean peninsula and make it nuclear-free through dialogue and negotiations.” The editorial added that “the fundamental task for ensuring peace and stability” was “to put an end to the hostile relationship” with the United States. Read More
source: http://www.nytimes.com/
In an editorial carried by its major state media outlets, North Korea said that its consistent stand was “to establish a lasting peace system on the Korean peninsula and make it nuclear-free through dialogue and negotiations.” The editorial added that “the fundamental task for ensuring peace and stability” was “to put an end to the hostile relationship” with the United States. Read More
source: http://www.nytimes.com/
January 01, 2010 | 1
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N. Korea gives rosy future of economy amid reports of currency panic
Written By one-liners on Friday, December 4, 2009 | December 04, 2009
Published: December 4, 2009
N. KOREA - North Korea expressed confidence Friday that its effort to build a strong socialist economy is gaining momentum thanks to its people's mental strength, amid reports of internal disorder sparked by its surprise currency reform.

"The Korean people today, demonstrating their mental power of self-regeneration and fight against hardships, are making strenuous efforts to build a strong, prosperous and powerful socialist nation," the North's Korean Central News Agency (KCNA) said.
North Korean media remained silent as the drastic currency revaluation, reportedly implemented on Monday without a warning, is believed to have thrown its citizens into utter panic. The North Korean government initially set a cap on new denominations allowed per household at 100,000 or 150,000 won, but it was frequently adjusting the limit to try to settle the mounting public outrage that was generating violence, suicides and murders, according to the Daily NK, a Seoul-based online newspaper that specializes in North Korean affairs.
The KCNA instead presented a rosy picture for the North's isolated economy, underlining the people's unity, their self-reliant system and scientific feats, such as its April launch of the Kwangmyongsong-2. Pyongyang argues the launch has successfully orbited a satellite, while outsiders say no such satellite has entered space and view it as a failed missile test. The U.N. Security Council subsequently adopted a punitive resolution against the North.
The reason why the satellite launch became successful "is because the Korean people exerted a strenuous struggle with an independent spirit and conviction that their own style and their own power are the best way," the KCNA said.
"There are quite a few things that are still in shortage for the Korean people," it said. "But nothing is impossible" as they remain united around the Workers' Party and have a self-reliant economy," the KCNA said.
source: http://english.yonhapnews.co.kr/
N. KOREA - North Korea expressed confidence Friday that its effort to build a strong socialist economy is gaining momentum thanks to its people's mental strength, amid reports of internal disorder sparked by its surprise currency reform.
"The Korean people today, demonstrating their mental power of self-regeneration and fight against hardships, are making strenuous efforts to build a strong, prosperous and powerful socialist nation," the North's Korean Central News Agency (KCNA) said.
North Korean media remained silent as the drastic currency revaluation, reportedly implemented on Monday without a warning, is believed to have thrown its citizens into utter panic. The North Korean government initially set a cap on new denominations allowed per household at 100,000 or 150,000 won, but it was frequently adjusting the limit to try to settle the mounting public outrage that was generating violence, suicides and murders, according to the Daily NK, a Seoul-based online newspaper that specializes in North Korean affairs.
The KCNA instead presented a rosy picture for the North's isolated economy, underlining the people's unity, their self-reliant system and scientific feats, such as its April launch of the Kwangmyongsong-2. Pyongyang argues the launch has successfully orbited a satellite, while outsiders say no such satellite has entered space and view it as a failed missile test. The U.N. Security Council subsequently adopted a punitive resolution against the North.
The reason why the satellite launch became successful "is because the Korean people exerted a strenuous struggle with an independent spirit and conviction that their own style and their own power are the best way," the KCNA said.
"There are quite a few things that are still in shortage for the Korean people," it said. "But nothing is impossible" as they remain united around the Workers' Party and have a self-reliant economy," the KCNA said.
source: http://english.yonhapnews.co.kr/
December 04, 2009 | 0
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