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Reporter : Dana Marie

Kookmin Bank

Korea - Aug 21, 2015 AM EDT - Dana Marie

Sound Finances in Q2 for South Korean Banks

The Financial Supervisory Service (FSS) has reported that local banks in South Korea have stable capital adequacy ratio, which measures a bank’s financial soundness.

Anti-North Korea Rally

Korea - Aug 21, 2015 AM EDT - Dana Marie

US Worried over Recent Flare-up between the Two Koreas

The United States is looking into the current artillery firing between the two Koreas, expressing concern that it might escalate and become more violent. According to officials, they are monitoring this matter closely.

Tetris game

Life - Aug 19, 2015 AM EDT - Dana Marie

Playing Tetris Might Just Be the Answer to Lessen Cravings

A study conducted by psychologists in Australia and the U.K. showed that playing Tetris could lessen the intensity of craving for cigarettes, drug substances, alcohol, coffee and food – even constant sleeping and sex – by as much as 20%.

Chung Mong-Joon

Korea - Aug 19, 2015 AM EDT - Dana Marie

Chung Mong-joon Announces His Candidacy as President of FIFA

Chung Mong-joon – the former president of KFA – has officially announced that he will run as president of FIFA, pledging that he will help clean up the association.

Pohang seashore

Life - Aug 19, 2015 AM EDT - Dana Marie

Red Tide Affects Fish Farms in the Southern Coast of South Korea

Out of 1.2 million fish – comprising rockfish, sea bream and other varieties – raised in a 2-hectare farm in Geoje, South Gyeongsang Province, over 330,000 have died because of red tide.

Shin Dong-Bin speaking with the media

Business - Aug 18, 2015 AM EDT - Dana Marie

Lotte Shareholders Finally Confirm a New Chairman

The undisclosed meeting in Tokyo yesterday has gone well; the shareholders of Lotte Holdings have officially reaffirmed Shin Dong-bin’s position as head of Lotte businesses in Korea and Japan.

Super Junior-M Henry Surprises the Fans with a New Single! 'What Do I Do' Lyrics Here

K-WAVE - Aug 18, 2015 AM EDT - Dana Marie

Super Junior Beats Top International Artists at 2015 Teen Choice Awards

South Korea’s entertainment industry has reached international acclaim, and an addition to its list of global artists is Super Junior. The male idol group, under SM Entertainment, has won the ‘Choice Music: International Artist’ at the 2015 Teen Choice Awards.

Director Hong Sang-soo

K-PEOPLE - Aug 18, 2015 AM EDT - Dana Marie

Hong Sang-soo Gets the Coveted Top Prize at the Locarno Film Festival

South Korea has long been known in the global film industry, thanks to award-winning movies, directors, actors and actresses, etc. Now, the country is even more famous with director Hong Sang-soo winning the Golden Leopard at the 68th Locarno International Film Festival.

Kim Il Sung mural

Korea - Aug 17, 2015 AM EDT - Dana Marie

North Korea Turns Back Its Clocks by 30 Minutes

Some people could only wish to turn back the time. But North Korea has done it literally, as its citizens set their clocks back by 30 minutes before August 15 midnight strikes, marking their ‘true liberation’ from Japan.

students at Yonsei University

Korea - Aug 17, 2015 AM EDT - Dana Marie

Ministry of Education Pushes “Ghettoized” Courses in South Korean Universities

As the country’s number of foreign students keeps on declining, the Ministry of Education has pushed for a proposal to let colleges and universities develop specialized courses or departments in the fields of IT and shipping.

 Shin Dong-Bin

Korea - Aug 16, 2015 PM EDT - Dana Marie

The Family Feud Will Finally End as Lotte Appoints a New Chairman

A meeting among Lotte Group’s shareholders today in Tokyo will confirm the new chairman. And it looks like it will be Shin Dong-bin.

Hyundai Heavy Industries

Korea - Aug 15, 2015 AM EDT - Dana Marie

Downsizing at Three of Korea’s Biggest Shipbuilders Results to Thousands of Job Loss

According to reports, the country’s major shipyards are struggling because of failing offshore rigs. Amidst gradually declining finances, they have resorted to downsizing and redundancy in an attempt to bring back huge losses.

Yoona

K-PEOPLE - Aug 14, 2015 AM EDT - Dana Marie

Lee Seung-gi and Yoona Have Gone Their Separate Ways

The iconic K-pop couple, solo singer/actor Lee Seung-gi and Girls’ Generation member Yoona, have parted ways.

 Kia Soul EV

Business - Aug 14, 2015 AM EDT - Dana Marie

Korean Companies Win Big During the 2015 Red Dot Design Awards

Kia Motors, Naver and 3 telecom manufacturers – SK Telecom, LG and KT – are big winners during the awarding ceremonies of ‘2015 Red Dot Design Awards’. Out of 7,452 submissions, these companies have managed to earn global acclaim.

Myungdong shopping district

Korea - Aug 13, 2015 PM EDT - Dana Marie

Korea Grand Sale and Other Cultural Events Kick Off Today

Foreigners visiting South Korea today until the end of October will be in for plenty of wonderful treats, as the country celebrates 70th Liberation Day tomorrow. The big celebration starts today, kickstarted by the Korea Grand Sale.

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