Articles by 양승진
양승진
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Ancient Brits ate dead and made skulls into cups
International Jan. 1, 2012
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[Photo] Elizabeth Taylor
Film Jan. 1, 2012
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Vancouver still world's most liveable city: report
Travel Jan. 1, 2012
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N. Korea-U.S. talks 'positive,' says S. Korean official
The recent talks between North Korea and the U.S. in New York may not immediately resolve their differences but represent a positive "first step" toward more discussions, a South Korean official said Sunday. The official said the meeting between North Korean Vice Foreign Minister Kim Kye-gwan and Stephen Bosworth, the U.S. special representative for North Korea policy, was "an extension" of an
North Korea July 31, 2011
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Korean won’s steep rise feared to hurt exporters
The Korean government is set to face an uphill battle in keeping the Korean won from appreciating at a rapid clip as the U.S. debt crisis is sending ripples throughout financial markets across the world.“The local currency could gain to the 1,000 won level against the greenback by the end of the year,” said Huh In, an international finance analyst at the state-run Korea Institute for International
July 31, 2011
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Growth takes a backseat before presidential vote: Morgan Stanley
With the presidential election slated for December 2012, the Korean administration is likely to focus on firmer fiscal policy and welfare promotions rather than growth-oriented measures in a bid to appease the low-to-mid-income group, Morgan Stanley said. In a new research report titled “2012 Election Year: Market Implications,” Morgan Stanley forecast that the Korean government will not go for an
July 31, 2011
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Ratio of exports to GDP hits new record in Q2
The weight of exports in the South Korean economy hit an all-time high in the second quarter, central bank data showed Thursday, underlining the country’s heavy dependence on overseas shipments for economic growth.Seasonally adjusted exports of goods and services amounted to 141.7 trillion won ($134.6 billion) in the April-June period, or 52.68 percent of the gross domestic product, according to t
July 28, 2011
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35m Cyworld, Nate users’ information hacked
SK Communications Co. said on Thursday that personal information of its 35 million online users has been hacked, marking South Korea’s worst online security breach and sparking fears that the leak could lead to massive online and voice scams in coming weeks. (Yonhap News)“The company has confirmed that a leak of customers’ information has taken place due to hacking on July 26,” SK said in a state
Technology July 28, 2011
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Korea’s GDP growth slows to 0.8% in Q2
Export growth eases, inventory tumbles amid rising pricesSouth Korea’s economic growth slowed down in the second quarter, hurt by lower-than-expected exports and a steep decline in inventory amid intensifying worries over rising prices at home and the sovereign debt crisis in Europe. Korea’s economy grew 0.8 percent in the April-June period, down from a 1.3 percent expansion in the previous quarte
July 27, 2011
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Transfer of wealth via stock gifts rises
The largest shareholders at Korea’s listed firms have reaped huge profits through gifted stocks in the past five years, taking advantage of fluctuations in the financial markets, a local source revealed Tuesday. According to Chaebul.com, which tracks news and data on Korea’s conglomerates, gifted stocks or inheritance by the largest shareholders amounted to 3.3 trillion won ($3.1 billion) in the p
July 26, 2011
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SC First labor, chiefs still poles apart on pay
With no immediate end in sight for a prolonged strike, the labor and management of SC First Bank appear to be playing a game of chicken over its pay system, which could end up in a no-win situation for both sides, analysts said Tuesday.Irked by a management plan to adopt a novel merit pay system, about 2,900 unionized workers at the seventh-largest lender in South Korea have been striking for the
July 26, 2011
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Government, BOK seek new relationship
Finance Ministry, central bank hold first consultation meetingSouth Korea’s Finance Ministry and the central bank held their first meeting to share views on macroeconomic policy on Monday in Seoul, pledging to help coordinate government initiatives to tame inflation, though skepticism lingers about the motive behind the meeting. “Inflation is a common issue confronting the whole world and it start
July 25, 2011
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Mirae Asset denies takeover bid for Italian luxury brand
Mirae Asset Financial Group, Korea’s major mutual fund manager, on Monday formally denied a local report that it is seeking to take over an Italian luxury brand maker. “There is no truth in the news report,” a spokesman at the company’s fund management division told The Korea Herald. “Although our policy is not to comment on such deals, what I can say is that we are not considering such a takeover
July 25, 2011
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Major employers hire more high school graduates
Banks, major firms expand hiring of high school graduatesAll eyes are now trained on the corporate sector amid high expectations that South Korean companies at large would hire more high school graduates following an unprecedented move in the banking sector. Last week, Korea’s 18 banks said they would double their hiring quota for high school graduates, largely prompted by the government’s policy
July 24, 2011
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Power bloggers face tax probe
NTS faces legal roadblock to getting portals to offer info about bloggersThe National Tax Service said Thursday it has requested that the country’s major Internet portals provide the personal information of some 1,300 power bloggers on concerns they might be evading taxes. “Early this week, we have asked five to six blog operators including Naver, Daum and SK Communications to offer information ab
Technology July 21, 2011
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