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KoreaToday

Fri, January 21, 2022 | 05:05

Defense Cost-Sharing Talks to Test Korea-US Alliance

When it comes to money, friendships are often put aside and ego comes into play. Such is the case in the half-century alliance between South Korea and the United States, which was forged in blood and shared sacrifice on the battlefield during the 1950-53 Korean War.

2008-04-29 20:23

Aerospace Outreach Program Gaining Momentum

After two years of consistent effort on the first Korean astronaut program, we finally achieved success by watching Yi So-yeon's safe return to Earth. This event aroused interest in space technology development as well as the development of science and technology to Korean people. She has been in the center of the news since being selected from among 36,000 applicants in Dece...

2008-04-29 20:20

Give More Power to BOK?

The Bank of Korea (BOK) reformed the "monetary policy framework," and started it on March 7. The main elements consist of (a) the policy rate change to the "BOK base rate" from the "call rate," (b) an improvement in reserve requirements, (c) utilization of open-market operations, and (d) an addition of "standby facilities."

2008-04-29 20:18

Agflation Fear Looms Over World

Food prices have risen sharply, sending many people into a near-panic, as food is essential to sustenance and the price hikes are notably prominent in everyday items, such as noodles. The phenomenon is described as 'agflation,' a combination of the worlds "agriculture" and ``inflation.''

2008-04-29 20:17

Variable Insurance Product Targets 2 Rabbits

Variable insurance, which has attracted insurance subscribers over the last few years, is having trouble amid recent stock market turbulence following the U.S. subprime mortgage turmoil.

2008-04-29 20:12

Rough Road Lying Ahead to Become Financial Powerhouse

Choi Beom-su, vice president of Shinhan Financial Group, said the difficult part is the beginning after the capital Big Bang.

2008-04-29 20:07

Foreign Patients Shop for Medical Services

You land at an airport where a chauffer awaits you holding a signboard. He takes you to a hospital where you perhaps have an operation or some form of treatment. The chauffer picks you up and takes you to a hotel where you prepare for the next leg of your journey.

2008-04-29 20:03

Foreign Workers Seek Legal Exit of Sexual Desire

Of the many desires that people have, sex can be seen as the ultimate act to satisfy the desire of pleasure. However, the deep-rooted xenophobic atmosphere has encouraged migrant workers to meet their sexual desires through illegal means.

2008-04-29 18:35

Only in Korea Programs to Attract Foreign Travelers

South Korea is underutilizing its geographical advantage of being in the middle of Japan and China, the two biggest tour markets for the country. To make the most of the advantage, it should do its homework first ― upgrading both tourism hardware and software, said Oh Jee-chul, president of the Korea Tourism Organization (KTO).

2008-04-29 17:58

Misunderstanding Causes Conflicts in Interracial Marriages

Last month, a Korean man was convicted of murdering his Vietnamese wife and court sentenced to 12 years in prison for beating his 19-year-old bride to death last year.

2008-04-29 17:44

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