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Reporter : Diana Tomale

(Author: Kaflan) Bank of Korea reveals that the number of

Business - Oct 23, 2015 PM EDT - Diana Tomale

"Zombie Companies" Unable To Generate Sufficient Revenue To Pay Tax And Interest Dues Exceed 3,000 Over The Past Five Years

"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.

(Author: Kaflan) South Korea's economic growth accelerates in the third quarter after an increase of 1.2 percent, according to data released by Bank of Korea.

Korea - Oct 23, 2015 PM EDT - Diana Tomale

South Korea's GDP Grows At Its Fastest Pace In Five Years After An Increase Of 1.2 Percent In Third Quarter

South Korea's economy accelerates at its fastest rate in five years after an increase of 1.2 percent was recorded in the third quarter of 2015.

South Korean individual filmmaker Kim Ki Duk signs deal with a Chinese production company to produce an epic war film. (Photo by Ian Gavan / Getty Images Entertainment)

K-PEOPLE - Oct 22, 2015 PM EDT - Diana Tomale

South Korean Filmmaker Kim Ki Duk Signs 30 Million-Dollar Deal With A Chinese Production Company To Create War Film

South Korean maverick filmmaker Kim Ki Duk recently signed a deal with a Chinese production company to produce an epic war film entitled "Who is God."

A biker drives along the Han River In Seoul. (Photo by Chung Sung Jun/Getty Images News)

Life - Oct 22, 2015 PM EDT - Diana Tomale

New Bicycle Routes Were Launched ByThe Korea Tourism Organization Along Han River As Part Of "Beautiful Travel Routes On Bicycle" List

The Korea Tourism Organization launches new "travel trails" in order to promote the country's food and local culture.

US airstrike reportedly meant for Taliban fighters accidentally hit a Doctors Without Borders hospital on Saturday morning. (Photo by Gokhan Sahin / Getty Images News)

World - Oct 22, 2015 PM EDT - Diana Tomale

12 Medical Staff, 10 Patients Die After U.S. Airstrike Hit Médecins Sans Frontières

22 people died, including three children, after US airstrike stuck a hospital in Afghanistan Oct. 4 morning. Médecins Sans Frontières pulled out its staff after the incident and demands for a full transparent independent investigation for the incident.

Women's baseball becomes popular in South Korea. (Photo by Chung Sung Jun / Getty Images Sports)

K-PEOPLE - Oct 22, 2015 PM EDT - Diana Tomale

Browned Eyed Girls' Miryo and 39 Other Female Celebrities Join Hanstar's Baseball Team

40 Korean celebrities are part of the Hanstar Female Celebrities Baseball Team that was inaugurated by Hanstar Media on September 21. Reports reveal that the team started their practice since July.

Korea’s 1st PGA Tour

Business - Oct 22, 2015 PM EDT - Diana Tomale

Korea's Largest Chemical Company LG Chem To Supply Lithium-Ion Batteries For Yamaha Motors' Golf Carts Until 2016

LG Chem will be the supplier of lithium-ion batteries for Yamaha Motors' golf carts until next year. Yamaha Motors is one the largest golf cart makers in the world.

Investors worry over the global economic slowdown as Kospi drops 1.89 percent on Wednesday. (Photo by Chung Sung Jun / Getty Images)

Korea - Oct 21, 2015 PM EDT - Diana Tomale

KOSPI Weakens By 1.89 Percent On Wednesday As Investors Continue To Worry About The Global Economic Growth

Analysts reveal that investors are concern over the global economic slowdown. Also, KOSPI weakens by 1.89 percent on Wednesday.

Volkswagen GA chief executive Michael Horn issued an apology on the alleged emission tests cheating issue. (Photo by: Andrew Burton / Getty Images News)

US - Oct 21, 2015 PM EDT - Diana Tomale

Volkswagen GA Chief Executive Michael Horn Says The Company Will "Make Things Right" Over The Alleged Emission Tests Cheating Allegations

Volkswagen GA chief executive Michael Horn issued an apology on Monday saying that the company "totally screwed up." Prior to him, CEO Martin Winterkorn has also issued a video apology regarding the matter.

A South Korean student from New York University was released by North Korea on Monday after being detained for six months for allegedly crossing North Korea without consent. (Photo by: Chung Sung Jun

Korea - Oct 21, 2015 PM EDT - Diana Tomale

North Korea Repatriated South Korean Joo Won Moon After Being Detained For Six Months For Allegedly Crossing Into North Korea

A 21-year-old South Korean student from New York University was repatriated on Monday after being detained for allegedly crossing into North Korea in April.

South Korean genomic research provider Macrogen aims to help people live longer without disease. (Photo by Chung Sung Jun / Getty Images News)

Life - Oct 21, 2015 PM EDT - Diana Tomale

Genomic Research Provider Macrogen Aims To 'Help People Live Longer Without Disease'

Founding CEO of genomic research provider Macrogen says their primary vision is to "help people live longer without disease."

The World Energy Council says extreme weather caused by climate change could put the energy infrastructure at risk. (Photo by John Moore / Getty Images News)

World - Oct 21, 2015 PM EDT - Diana Tomale

Energy Infrastructure Would Be At Risk Due To Extreme Weather Caused By Climate Change, Says World Energy Council

A report by the World Energy Council reveals that extreme weather could put energy infrastructure at risk. Report says energy infrastructure should use a new approach called "safe-fail" systems to combat the risks brought about by climate change.

Hyundai Heavy Industries Closed a Multi-billion Deal

Business - Oct 20, 2015 PM EDT - Diana Tomale

Unionized Workers At Hyundai Heavy Industries Demand Salary Increase and Performance-Based Benefits

The unionized workers at Hyundai Heavy Industries (HHI) continue its call for salary increase. The members of the union are asking the management to sell-off its company-owned shares and real state to increase their salaries.

Critic says South Korean president Park Geun Hye's crowd funding project Youth Hope Fund

Korea - Oct 20, 2015 PM EDT - Diana Tomale

South Korean President Park Geun Hye's Crowd Funding Project Youth Hope Fund Is A Policy Initiative 'Just To Show Off,' Critic Says

A crowd funding project to create more job opportunities for the youth was launched by South Korean President Park Geun Hye last month. However, critics see this project more of a "PR stunt."

More women suffer from sleep disorders due to work and child-rearing. (Photo by Paula Bronstein / Getty Images News)

Life - Oct 20, 2015 PM EDT - Diana Tomale

More And More South Korean Women In Their 30s Suffer From Sleep Disorders

The number of patients of sleep disorder continues to increase. Last year, some 415,000 patients were given medical expenses for the disorder.

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