Pride orders 4th deepwater drillship
Pride International Inc. said Tuesday it ordered a fourth ultra-deepwater drillship to be built in South Korea and delivered in 2011.

Boarding house fire kills 6 in S. Korea
A fire at a boarding house early Friday killed five men and one woman, injuring 11 other people, South Korea's Yonhap news service reported.

US Allowed Korean Mass Executions
The American colonel tried to stall, but the declassified record shows he finally told his South Korean counterpart it "would be permitted" to machine-gun 3,500 political prisoners, to keep them from joining approaching enemy forces during the Korean War

Scores hurt in S. Korea beef protests
Thousands of protesters battled riot police in downtown Seoul early Sunday morning after a rally opposing South Korea's decision to import U.S. beef turned violent. More than 100 were wounded, the state news agency reported.

S. Korea to resume U.S. beef imports
South Korea's government said Wednesday it would resume imports of American beef this week, hoping to move on from a crisis that battered the pro-U.S. administration with weeks of anti-government protests over food safety.

S. Korea, US Agree on Beef Imports
All U.S. beef exported to South Korea will come from cattle less than 30 months old, officials said Saturday, in a deal made to placate South Korean protesters

S. Korean beef protests force government shake-up
South Korean President Lee Myung-bak plans to shake up his cabinet this week after massive protests, triggered by a deal his government reached to resume U.S. beef imports, the state news agency reported Monday.

South Korea backs off importing U.S. beef
No U.S. beef will exported to South Korea until the countries agree on limiting shipments to meat from cattle of a certain age, South Korea's agriculture minister said Tuesday.

South Korea to resume U.S. beef imports
South Korea will open its market to most U.S. beef, a senior government official said Thursday, according to state media.

S. Korea leader 'baffled' by mad cow fears
South Korea's president has apologized on national television for failing to take on board concerns in his country about mad cow disease.

North Korean officer defects to South Korea
A North Korean soldier defected across the demilitarized zone and sought asylum in South Korea on Sunday, according to a South Korean Defense Ministry spokesman.

South Korea to Resume U.S. Beef Imports
South Korea agreed to resume U.S. beef imports that had been halted over mad cow disease, clearing a key hurdle to a broader trade deal with Washington

Report: S. Korea, U.S. reach beef deal
Hours before a U.S.-South Korean summit, the two nations have reached an agreement that could clear the way for South Korea to resume imports of U.S. beef, a South Korean news agency reported Friday.

North Korea: South Korea driving relationship to 'catastrophe'
North Korea cut off dialogue with South Korea on Thursday, claiming the peninsula was on the brink of another war.

What is telematics?
In South Korea, telematics is big business. If it sounds like a buzzword to advertise the latest purveyor of high-tech must-have gadgets, its etymology is no less firmly rooted: "tele" means remote; "matics" means information. Cruising right alongside wireless broadband and DMB (Digital Media Broadcast) cell phones, telematics refers more specifically to automobiles receiving remote information from commercial service providers. These services could include Global Positioning System (GPS), on-demand entertainment, Internet and Web access, or weather and traffic conditions.

'Wired' South Korea is underexposed
South Korean Chang Won-kim was always a writer and a tech-head, so he quite naturally entered the blogosphere in 2005. His English-language, technology-themed, Seoul-based blog Web 2.0 Asia was inspired by both the need and the personal ambition to convey the evolving state of South Korea's all-too-domestic online industry to the rest of the world.

Can South Korea's President Deliver?
While he was mayor of Seoul, Lee Myung Bak was known for thinking big. He'll need his ambition more than ever as President

Question of the Week: Energy sources
With oil peaking at $100 a barrel, the world energy crisis continues to push countries to develop alternatives to handle depleting fossil fuel sources.

Warehouse blaze claims 40 lives
A massive fire swept through a newly constructed warehouse in Icheon, South Korea Monday, burning for several hours and setting off a series of explosions that killed 40 workers inside, fire officials have told CNN.

Internet groups forging a community of charity
South Korea has long enjoyed some of the fastest and most widely available broadband Internet access on the planet. Top online gamers are bona-fide TV celebrities, and long before MySpace, there was South Korea's Cyworld, a social networking site launched back in 1999.

Report: 14 sailors missing
Fourteen seamen were missing Tuesday after a ship carrying nitric acid sank off the coast of South Korea in rough seas, maritime police said, according to South Korea's Yonhap news agency.

South Korea straddles the politics of change
South Korea's last presidential election, in December, 2002, took place against a backdrop of escalating tension on the Korean peninsula over North Korea's nuclear program and the Bush administration's refusal to negotiate with Pyongyang.

A Win for South Korea's 'Bulldozer'
Lee Myung Bak sweeps to victory in South Korea's presidential election on promises to revitalize the economy

Koreans Struggle to Clean Oil Spill
Thousands of people used shovels and buckets in a massive operation Sunday to clean up the South Korea's largest oil spill, which blackened beaches along the country's western coast.

South Korea's Cloudy Campaign
The front-runner in the country's presidential race is cleared of fraud allegations, thus averting a setback that could have cost him the upcoming election

South Korean cinema struggles with High Definition
As South Korea's Pusan International Film Festival -- widely recognized as Asia's most important film showcase and market -- wraps up its 12th year, one thing has become apparent, at least for the domestic industry: High Definition filmmaking hasn't quite reached the omnipresent proportions many believed it would have by now.

Eye on South Korea: Your e-mails
South Korea is reputed to be the most wired country in the world. CNN has asked readers to weigh in on the topic. How is technology affecting daily life in South Korea, and influencing the rest of the world? Below is a selection of responses, some of which have been edited for length and clarity:

South Korea: CNN video coverage
South Korea is reputed to be the most wired country in the world -- broadband Internet in almost every household and every primary, junior and high school; free television broadcasts on cell phones; professional online gamers with rock-star status; humanoids replacing hosts, clerks, nannies and sentries; 17 million members on Cyworld; and a robot in every home by 2020.

Future tech and puppy love in South Korea
With its anonymous skyline and mind-numbing traffic, Seoul may not seem like a sci-fi city. And yet it's blazing one very high-tech trail.

S. Korea scandalized by fake degrees
South Korea's top universities said this week they will set up a system to detect academic fraud after a disc jockey, a revered Buddhist monk and an aging actress were swept up in a fake-degree scandal.

U.S., South Korea pledge relief to North
North Korea's neighbors and international aid agencies sought Thursday to help the impoverished country cope with floods that have decimated large swaths of farmland, endangering citizens already struggling with food shortages.

S. Korea-U.S. summit comes at critical moment
South Korea's President Roh Moo-hyun sits down for a summit meeting with President George W. Bush on Thursday at a time when the security alliance between the two countries that has helped maintain stability in Northeast Asia for more than half a century faces unprecedented challenges.

S. Korea to pull troops from Iraq
South Korea -- a major supporter of President Bush's Iraq policy -- has announced plans to pull a third of its troops out of Iraq in 2006, a National Security Council spokesman said Thursday.

8 troops die in S. Korea rampage
A South Korean soldier stationed along the Korean demilitarized zone has gone on a shooting rampage, killing 8 of his colleagues, the nation's defense ministry has reported.

N. Korean ship docks near Seoul
For the first time in over two decades, a North Korean ship docked in a South Korean port Sunday, the start of a series of voyages to pick up fertilizer donated to North Korea by the South Korean government.

Cloning success hailed, feared
A breakthrough in human embryonic stem cell research by scientists in South Korea has been hailed as ground-breaking, with the potential to fight a host of ailments, but some people have raised ethical concerns.

S. Korea asks North to return boat
South Korea's military will ask North Korea to return a small boat that ignored warning shots and crossed into Northern waters.

Superstar gamers hot property
It's a cold Tuesday night in South Korea and tens of thousands of people are staying indoors to watch online gaming matches on television.

Dialing up to do business
Big money is changing hands every day in South Korea, and a large percentage of it is happening at the touch of a cellphone button.

Buck the falling dollar
In late February when South Korea's central bank said that it was planning to shift some assets out of U.S. Treasuries and into other currencies, the disclosure set off a day of panic selling in th...

U.S. helicopter down in S. Korea
A U.S. soldier died and a second was wounded when a military helicopter crashed on Saturday while conducting a training exercise in South Korea, officials said.

Dollar tumbles, bonds slide
News that a number of central banks indicated they would diversify their reserves out of Treasuries and into other investments such as the euro sent the dollar tumbling Tuesday, and pressured bonds as well.

S. Korea selects new capital site
South Korea has confirmed it will move its future seat of government to a rural site south of its capital Seoul.

Mystery as more defectors land
A second wave of defectors believed to be North Koreans has arrived in the South in a secretive mass defection that has seen the refugees flown in from an unidentified Southeast Asian nation.

S. Korea: No changes to troop plan
South Korea says it will go ahead with its plan to deploy thousands of troops to Iraq despite a televised threat from militants to kill a South Korean hostage.

S. Korea outlines Iraq dispatch
South Korea will begin deploying more than 3,600 troops to the Erbil region of northern Iraq in August.

Koreas agree to military hotline
North and South Korea have agreed to set up a military hotline in a step towards easing tensions along their heavily fortified border.

U.S. confirms S. Korea troop cut
The United States has notified South Korea and Japan it plans to move about 3,600 troops from South Korea to Iraq, senior Pentagon officials confirmed to CNN.

S. Korea eyes political stability
South Korea's government has pledged economic and political stability Friday, a day after parliamentary elections which saw the pro-government Uri Party win a slim majority.

S. Korea backs pro-president party
South Korea's main opposition Grand National Party conceded defeat in the country's parliamentary election Thursday to the pro-government Uri Party, which is allied with impeached President Roh Moo-hyun.

Koreas cancel economic talks
The impeachment of South Korea's president has prompted the cancellation of economic talks planned Monday, after South Korea refused a request by North Korea to hold them in Pyongyang.

Roh prepares defense amid protests
South Korea's President Roh Moo-hyun has began forming his legal defense team amid huge protests against his impeachment.

Korea's interim leader urges calm
South Korea's Prime Minister Goh Kun has urged citizens to remain calm after taking over as interim head of state following an unprecedented impeachment vote against President Roh Moo-hyun.

S. Korea votes to impeach Roh
SEOUL, South Korea -- South Korea's National Assembly has voted overwhelmingly to impeach President Roh Moo-hyun by 193-2, amid dramatic scenes as rival politicians physically battled on the floor of parliament.

Two Koreas talk to 'ease tension'
North and South Korea have agreed to hold high-level military talks on the North's nuclear weapons program and "ease" military tension.

S. Korea FM quits amid policy flap
South Korea's Foreign Minister Yoon Young-kwan has resigned from his post amid a flap over President Roh Moo-hyun's foreign policy.

SAUDIS TO CUT OUT MIDDLEMEN
^ With Saddam Hussein to worry about, you might expect the Saudis to shelve any foreign forays of their own. Not a bit. State-owned Saudi Arabian Oil has announced a $1.4 billion joint venture that...

PERILS OF GETTING TOUGH ON KOREA They really have opened markets more than most Americans think. Heavy U.S. pressure now could t
''To use a crass analogy, we're saying to the South Koreans: 'If you settle out of court with us, you can plea-bargain for a lesser term, but if you take us to court, just remember that we'll be th...

MONEY magazine contents page September 1988 Volume 17 Number 9
MONEY FLASH

NEWS ABOUT YOU AND YOUR MONEY Going for the gold
South Korea is proving to be a canny marketer of gold coins. The first edition of its minting for the 1988 Summer Olympics, to be held in Seoul, was introduced in March and has already drawn strong...

LET DOWN BY THE DROOPING DOLLAR U.S. industrialists haven't found paradise in the plunge they sought. Some companies have regain
THE DOLLAR'S steeper-than-expected drop should be eliciting hallelujahs in American boardrooms. Instead it is barely evoking sighs of relief. True, many U.S. companies are seeing their foreign subs...

A Taste of Failure Fuels an Appetite for Success at South Korea’s Cram Schools
South Koreans say their obsession to get their children into top-notch universities is nothing short of “a war” and are turning to intense, regimented campuses.

South Korea to Heed North on Quick Exit From Resort
The move, which would effectively shut down a resort viewed as a symbol of reconciliation between the Koreas, followed the shooting of a South Korean tourist.

No Matter the Weather, South Korea Women Dominate Archery
The South Korean women started Sunday by smashing the world record and then got what they really came to the Olympics to get: the archery team gold.

In South Korea, Mixed Reaction to Bush
President Bush’s visit sharpened a political divide in Seoul, where middle-aged Christians and veterans waved U.S. flags, while young South Koreans battled riot police.

North Threatens to Expel South Koreans
The threat escalated a standoff over the shooting death of a South Korean woman visiting a resort in the North.

South Korea Says U.S. Killed Hundreds of Civilians
South Koreans are drawing attention to a story of carnage not mentioned in the official histories or textbooks.

Flush With Cash, More Asian Tourists Flock to Japan
Once prohibitively expensive, Japan is suddenly drawing soaring numbers of Asian tourists a sign of big economic changes in one of the world’s most dynamic regions.

Rev. S. M. Moon Is Injured in a Crash
A helicopter carrying the Rev. Sun Myung Moon, the founder of the Unification Church, crashed into a mountainside on Saturday, injuring Mr. Moon, his wife and 14 others.

Justice Is Swift for Novice Korean Jurors
This year South Korea took its first steps toward adopting a jury system, and legal experts say that citizen participation has already had a discernible impact on the legal process.

South Korea Recalls Envoy to Japan
The government of South Korea said it was an “intolerable act” that Japan restated its territorial claim in a new guideline for teachers and textbook publishers.

Deal on Verifying North Korean Disarmament
Negotiators agreed to a blueprint for verifying North Korea’s nuclear disarmament, giving fresh momentum to the talks.

North Korea Faults South in Death of Tourist and Rejects Talks Offer
North Korea also blamed South Korea for the death of a South Korean tourist last week.

South Korean Offer to North Is Marred by Killing of Tourist
President Lee Myung-bak reversed his tough approach on North Korea and offered to resume dialogue and provide humanitarian aid, but a South Korean woman was shot by a North Korean soldier the same day.

N. Korea Nuclear Talks to Resume
The U.S. and other regional powers will resume talks with North Korea this week on ending its nuclear weapons programs, a South Korean envoy said.

South Korean President Fires 3 Cabinet Ministers
The cabinet reshuffle aimed at restoring public trust in his four-month-old government which has been shaken by weeks of protests against American beef imports.

N. Korea Threatens to Restore Plutonium Plant
North Korea said that it had stopped disabling its main nuclear complex and threatened to restore facilities there, accusing the U.S. of not keeping its promise to take the country off a terrorism blacklist.

In Nuclear Net’s Undoing, a Web of Shadowy Deals
A tale of spies, moles and secret deals lies behind the undoing of Abdul Qadeer Khan’s nuclear black market.

Don’t Loosen Nuclear Rules for India
If nuclear commerce rules are waived for India, countries such as Iran and North Korea would certainly use the precedent to their advantage.

South Korea to Heed North on Quick Exit From Resort
The move, which would effectively shut down a resort viewed as a symbol of reconciliation between the Koreas, followed the shooting of a South Korean tourist.

Enduring Love Thaws a Cold-War Wall
The North Korean government allowed Renate Kleinle and Hong Ok-geun a 12-day reunion, 47 years after Mr. Hong was recalled from East Germany.

Bush Prods China on Rights on Eve of Games but Opposes Criticism at Olympics
President Bush’s comments raise the prospect of new delays in the dismantling of North Korea’s nuclear program.

North Threatens to Expel South Koreans
The threat escalated a standoff over the shooting death of a South Korean woman visiting a resort in the North.

In First Meeting, Rice Presses North Korean on Nuclear Effort
Secretary of State Condoleezza Rice met with her North Korean counterpart for the first time, and prodded Pyongyang to move quickly to dismantle its nuclear arms program.

North Korea’s Stacked Deck
For a while, the drumbeat in Washington has been that the North Korean nuclear program is well on its way to being contained. If only that were true.

Deal on Verifying North Korean Disarmament
Negotiators agreed to a blueprint for verifying North Korea’s nuclear disarmament, giving fresh momentum to the talks.

North Korea Faults South in Death of Tourist and Rejects Talks Offer
North Korea also blamed South Korea for the death of a South Korean tourist last week.

South Korean Offer to North Is Marred by Killing of Tourist
President Lee Myung-bak reversed his tough approach on North Korea and offered to resume dialogue and provide humanitarian aid, but a South Korean woman was shot by a North Korean soldier the same day.

N. Korea Nuclear Talks to Resume
The U.S. and other regional powers will resume talks with North Korea this week on ending its nuclear weapons programs, a South Korean envoy said.

Pakistani Says Army Knew Atomic Parts Were Shipped
Abdul Qadeer Khan, the architect of Pakistan’s nuclear program, said that his country gave centrifuges to North Korea in a 2000 shipment supervised by the army.

North Korea to Widen Access for Aid Workers; U.S. Ship Arrives
North Korea agreed to give international aid workers unprecedented access to its hunger-stricken territory.

Pride orders 4th deepwater drillship
Pride International Inc. said Tuesday it ordered a fourth ultra-deepwater drillship to be built in South Korea and delivered in 2011.

Boarding house fire kills 6 in S. Korea
A fire at a boarding house early Friday killed five men and one woman, injuring 11 other people, South Korea's Yonhap news service reported.

US Allowed Korean Mass Executions
The American colonel tried to stall, but the declassified record shows he finally told his South Korean counterpart it "would be permitted" to machine-gun 3,500 political prisoners, to keep them from joining approaching enemy forces during the Korean War

Scores hurt in S. Korea beef protests
Thousands of protesters battled riot police in downtown Seoul early Sunday morning after a rally opposing South Korea's decision to import U.S. beef turned violent. More than 100 were wounded, the state news agency reported.

S. Korea to resume U.S. beef imports
South Korea's government said Wednesday it would resume imports of American beef this week, hoping to move on from a crisis that battered the pro-U.S. administration with weeks of anti-government protests over food safety.

S. Korea, US Agree on Beef Imports
All U.S. beef exported to South Korea will come from cattle less than 30 months old, officials said Saturday, in a deal made to placate South Korean protesters

S. Korean beef protests force government shake-up
South Korean President Lee Myung-bak plans to shake up his cabinet this week after massive protests, triggered by a deal his government reached to resume U.S. beef imports, the state news agency reported Monday.

South Korea backs off importing U.S. beef
No U.S. beef will exported to South Korea until the countries agree on limiting shipments to meat from cattle of a certain age, South Korea's agriculture minister said Tuesday.

South Korea to resume U.S. beef imports
South Korea will open its market to most U.S. beef, a senior government official said Thursday, according to state media.

S. Korea leader 'baffled' by mad cow fears
South Korea's president has apologized on national television for failing to take on board concerns in his country about mad cow disease.

North Korean officer defects to South Korea
A North Korean soldier defected across the demilitarized zone and sought asylum in South Korea on Sunday, according to a South Korean Defense Ministry spokesman.

South Korea to Resume U.S. Beef Imports
South Korea agreed to resume U.S. beef imports that had been halted over mad cow disease, clearing a key hurdle to a broader trade deal with Washington

Report: S. Korea, U.S. reach beef deal
Hours before a U.S.-South Korean summit, the two nations have reached an agreement that could clear the way for South Korea to resume imports of U.S. beef, a South Korean news agency reported Friday.

North Korea: South Korea driving relationship to 'catastrophe'
North Korea cut off dialogue with South Korea on Thursday, claiming the peninsula was on the brink of another war.

What is telematics?
In South Korea, telematics is big business. If it sounds like a buzzword to advertise the latest purveyor of high-tech must-have gadgets, its etymology is no less firmly rooted: "tele" means remote; "matics" means information. Cruising right alongside wireless broadband and DMB (Digital Media Broadcast) cell phones, telematics refers more specifically to automobiles receiving remote information from commercial service providers. These services could include Global Positioning System (GPS), on-demand entertainment, Internet and Web access, or weather and traffic conditions.

'Wired' South Korea is underexposed
South Korean Chang Won-kim was always a writer and a tech-head, so he quite naturally entered the blogosphere in 2005. His English-language, technology-themed, Seoul-based blog Web 2.0 Asia was inspired by both the need and the personal ambition to convey the evolving state of South Korea's all-too-domestic online industry to the rest of the world.

Can South Korea's President Deliver?
While he was mayor of Seoul, Lee Myung Bak was known for thinking big. He'll need his ambition more than ever as President

Question of the Week: Energy sources
With oil peaking at $100 a barrel, the world energy crisis continues to push countries to develop alternatives to handle depleting fossil fuel sources.

Warehouse blaze claims 40 lives
A massive fire swept through a newly constructed warehouse in Icheon, South Korea Monday, burning for several hours and setting off a series of explosions that killed 40 workers inside, fire officials have told CNN.

Internet groups forging a community of charity
South Korea has long enjoyed some of the fastest and most widely available broadband Internet access on the planet. Top online gamers are bona-fide TV celebrities, and long before MySpace, there was South Korea's Cyworld, a social networking site launched back in 1999.

Report: 14 sailors missing
Fourteen seamen were missing Tuesday after a ship carrying nitric acid sank off the coast of South Korea in rough seas, maritime police said, according to South Korea's Yonhap news agency.

South Korea straddles the politics of change
South Korea's last presidential election, in December, 2002, took place against a backdrop of escalating tension on the Korean peninsula over North Korea's nuclear program and the Bush administration's refusal to negotiate with Pyongyang.

A Win for South Korea's 'Bulldozer'
Lee Myung Bak sweeps to victory in South Korea's presidential election on promises to revitalize the economy

Koreans Struggle to Clean Oil Spill
Thousands of people used shovels and buckets in a massive operation Sunday to clean up the South Korea's largest oil spill, which blackened beaches along the country's western coast.

South Korea's Cloudy Campaign
The front-runner in the country's presidential race is cleared of fraud allegations, thus averting a setback that could have cost him the upcoming election

South Korean cinema struggles with High Definition
As South Korea's Pusan International Film Festival -- widely recognized as Asia's most important film showcase and market -- wraps up its 12th year, one thing has become apparent, at least for the domestic industry: High Definition filmmaking hasn't quite reached the omnipresent proportions many believed it would have by now.

Eye on South Korea: Your e-mails
South Korea is reputed to be the most wired country in the world. CNN has asked readers to weigh in on the topic. How is technology affecting daily life in South Korea, and influencing the rest of the world? Below is a selection of responses, some of which have been edited for length and clarity:

South Korea: CNN video coverage
South Korea is reputed to be the most wired country in the world -- broadband Internet in almost every household and every primary, junior and high school; free television broadcasts on cell phones; professional online gamers with rock-star status; humanoids replacing hosts, clerks, nannies and sentries; 17 million members on Cyworld; and a robot in every home by 2020.

Future tech and puppy love in South Korea
With its anonymous skyline and mind-numbing traffic, Seoul may not seem like a sci-fi city. And yet it's blazing one very high-tech trail.

S. Korea scandalized by fake degrees
South Korea's top universities said this week they will set up a system to detect academic fraud after a disc jockey, a revered Buddhist monk and an aging actress were swept up in a fake-degree scandal.

U.S., South Korea pledge relief to North
North Korea's neighbors and international aid agencies sought Thursday to help the impoverished country cope with floods that have decimated large swaths of farmland, endangering citizens already struggling with food shortages.

S. Korea-U.S. summit comes at critical moment
South Korea's President Roh Moo-hyun sits down for a summit meeting with President George W. Bush on Thursday at a time when the security alliance between the two countries that has helped maintain stability in Northeast Asia for more than half a century faces unprecedented challenges.

S. Korea to pull troops from Iraq
South Korea -- a major supporter of President Bush's Iraq policy -- has announced plans to pull a third of its troops out of Iraq in 2006, a National Security Council spokesman said Thursday.

8 troops die in S. Korea rampage
A South Korean soldier stationed along the Korean demilitarized zone has gone on a shooting rampage, killing 8 of his colleagues, the nation's defense ministry has reported.

N. Korean ship docks near Seoul
For the first time in over two decades, a North Korean ship docked in a South Korean port Sunday, the start of a series of voyages to pick up fertilizer donated to North Korea by the South Korean government.

Cloning success hailed, feared
A breakthrough in human embryonic stem cell research by scientists in South Korea has been hailed as ground-breaking, with the potential to fight a host of ailments, but some people have raised ethical concerns.

S. Korea asks North to return boat
South Korea's military will ask North Korea to return a small boat that ignored warning shots and crossed into Northern waters.

Superstar gamers hot property
It's a cold Tuesday night in South Korea and tens of thousands of people are staying indoors to watch online gaming matches on television.

Dialing up to do business
Big money is changing hands every day in South Korea, and a large percentage of it is happening at the touch of a cellphone button.

Buck the falling dollar
In late February when South Korea's central bank said that it was planning to shift some assets out of U.S. Treasuries and into other currencies, the disclosure set off a day of panic selling in th...

U.S. helicopter down in S. Korea
A U.S. soldier died and a second was wounded when a military helicopter crashed on Saturday while conducting a training exercise in South Korea, officials said.

Dollar tumbles, bonds slide
News that a number of central banks indicated they would diversify their reserves out of Treasuries and into other investments such as the euro sent the dollar tumbling Tuesday, and pressured bonds as well.

S. Korea selects new capital site
South Korea has confirmed it will move its future seat of government to a rural site south of its capital Seoul.

Mystery as more defectors land
A second wave of defectors believed to be North Koreans has arrived in the South in a secretive mass defection that has seen the refugees flown in from an unidentified Southeast Asian nation.

S. Korea: No changes to troop plan
South Korea says it will go ahead with its plan to deploy thousands of troops to Iraq despite a televised threat from militants to kill a South Korean hostage.

S. Korea outlines Iraq dispatch
South Korea will begin deploying more than 3,600 troops to the Erbil region of northern Iraq in August.

Koreas agree to military hotline
North and South Korea have agreed to set up a military hotline in a step towards easing tensions along their heavily fortified border.

U.S. confirms S. Korea troop cut
The United States has notified South Korea and Japan it plans to move about 3,600 troops from South Korea to Iraq, senior Pentagon officials confirmed to CNN.

S. Korea eyes political stability
South Korea's government has pledged economic and political stability Friday, a day after parliamentary elections which saw the pro-government Uri Party win a slim majority.

S. Korea backs pro-president party
South Korea's main opposition Grand National Party conceded defeat in the country's parliamentary election Thursday to the pro-government Uri Party, which is allied with impeached President Roh Moo-hyun.

Koreas cancel economic talks
The impeachment of South Korea's president has prompted the cancellation of economic talks planned Monday, after South Korea refused a request by North Korea to hold them in Pyongyang.

Roh prepares defense amid protests
South Korea's President Roh Moo-hyun has began forming his legal defense team amid huge protests against his impeachment.

Korea's interim leader urges calm
South Korea's Prime Minister Goh Kun has urged citizens to remain calm after taking over as interim head of state following an unprecedented impeachment vote against President Roh Moo-hyun.

S. Korea votes to impeach Roh
SEOUL, South Korea -- South Korea's National Assembly has voted overwhelmingly to impeach President Roh Moo-hyun by 193-2, amid dramatic scenes as rival politicians physically battled on the floor of parliament.

Two Koreas talk to 'ease tension'
North and South Korea have agreed to hold high-level military talks on the North's nuclear weapons program and "ease" military tension.

S. Korea FM quits amid policy flap
South Korea's Foreign Minister Yoon Young-kwan has resigned from his post amid a flap over President Roh Moo-hyun's foreign policy.

SAUDIS TO CUT OUT MIDDLEMEN
^ With Saddam Hussein to worry about, you might expect the Saudis to shelve any foreign forays of their own. Not a bit. State-owned Saudi Arabian Oil has announced a $1.4 billion joint venture that...

PERILS OF GETTING TOUGH ON KOREA They really have opened markets more than most Americans think. Heavy U.S. pressure now could t
''To use a crass analogy, we're saying to the South Koreans: 'If you settle out of court with us, you can plea-bargain for a lesser term, but if you take us to court, just remember that we'll be th...

MONEY magazine contents page September 1988 Volume 17 Number 9
MONEY FLASH

NEWS ABOUT YOU AND YOUR MONEY Going for the gold
South Korea is proving to be a canny marketer of gold coins. The first edition of its minting for the 1988 Summer Olympics, to be held in Seoul, was introduced in March and has already drawn strong...

LET DOWN BY THE DROOPING DOLLAR U.S. industrialists haven't found paradise in the plunge they sought. Some companies have regain
THE DOLLAR'S steeper-than-expected drop should be eliciting hallelujahs in American boardrooms. Instead it is barely evoking sighs of relief. True, many U.S. companies are seeing their foreign subs...

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Biden Questions McCain's Judgment In Convention Speech (AHN)
(AHN) - Just minutes after becoming the official vice presidential candidate of the Democratic Party by a voice vote, Sen. Joe Biden brought to bear his working-class roots and foreign policy expertise to accuse Sen. John McCain for supporting an administration that destroy