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Kakao Talk launches new cyber money
Kakao Talk, Korea’s largest mobile messenger service provider, said Wednesday it plans to launch its own cyber currency called Choco on Thursday. Subscribers will be able to buy and charge Choco which can be used to buy emoticons at the firm’s app store. Ten Choco will cost 1,000 won, the…
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Society
‘I object to faculty’s sense of privilege’
KAIST chief dismisses professors’ claim about patent theft Suh Nam-pyo, president of the Korea Advanced Institute of Science and Technology (KAIST), said Friday that he won’t succumb to pressure from the professors’ council. ““The professors’ council has told me to quit and leave this school. But I won’t do so.…
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Politics
Erdogan:Turkish Military Authorized Against Future Syrian Attacks
The growing conflict between Prime Minister Recep Tayyip Erdogan’s Turkish government and Syrian President Bashar Assad’s regime worsened on Friday following the shooting down of a Turkish jet by Syria. Erdogan stated that Turkey will no longer tolerate security threats from Syria along its border. Turkish PM Erdogan spoke to…
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Politics
NATO condemns Syria for shooting down Turkish jet
NATO member states condemned Syria on Tuesday for its shooting down of a Turkish military jet, calling it “unacceptable” and demanding that Damascus take steps to prevent further incidents. Ambassadors of NATO’s 28 member states met in Brussels on Tuesday to consult with Turkey on the incident. Turkey, a NATO…
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Visa rules for Chinese tourists to be eased
The Ministry of Justice said Tuesday that it will allow more Chinese nationals to obtain multiple-entry visas or enter the country without a visa from Aug. 1. “We are improving the visa system to attract more Chinese tourists to the country. We expect the new rules to help boost the…
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Society
Neolithic farm field found in Gangwon Province
Researchers have found evidence proving that farming took place in Korea 5,000 years ago. The National Research Institute of Cultural Heritage said Tuesday that archaeological traces presumed to be East Asia’s first Neolithic remains of an agricultural field have been found in a northern province. The discovery in Goseong, Gangwon…
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Politics
Potemkin village in Pyongyang?
Sleek and modern: The words are rarely used to describe North Korea. Yet the latest addition to the Pyongyang skyline, a set of new apartments in the central Mansudae district appears from the outside to be just that. But while the North touts it as progress, the jury is still…
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Politics
China-NK economic ties benefit S. Korea
MANILA –– Growing economic cooperation between China and North Korea could lead to the latter’s economic reform and eventual opening up of its economy to the outside world, experts said. “(South Korea) doesn’t have to look at the strengthening economic relationship between Beijing and Pyongyang only as a threat since…
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Business
Samsung wins $2.1 bil. power plant order
Samsung Engineering, one of Koreas leading industrial plant builders, said Tuesday that it has won a $2.1 billion project to construct a power plant in Kazakhstan. Under the deal with Balkhash Thermal Power Plant (BTPP), the engineering firm will build a coal-powered power plant. It was the first construction order…
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