SOUTH KOREA

S Korea's economicgrowth may reach 2% in Q2

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The private economic research institute of South Korean predicts that the growth rate of the second quarter (Apr-Jun) may reach 2%, 1% higher than the forecast of the government.

N. Korean refuges live like 'livestock'

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North Korean refugees who fled to China recently faced forced marriage and deportation, according to reports regarding the imprisonment of two American journalists who worked on a subject of 'the plight of North Korean women who flee to China'.
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U.S. to impose financial sanctions on North Korea: report

The United States has told South Korea it is preparing financial measures to punish North Korea for illicit weapons trade and counterfeit activities in the wake of its nuclear test last week, a newspaper report said on Friday.
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Bernanke sees recession ending soon; warns on debt

Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health.
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Nokia popularity fading among teens: survey

Nokia's popularity among teenagers is fading, as the world's top handset maker has failed to introduce attractive mass-market models, according to a survey by networking site Habbo Hotel.
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North Korea preparing long-range missile launch

North Korea is assembling a missile that could hit U.S. soil and may test-launch it as early as this month, a newspaper reported, as a U.S. envoy on Wednesday urged Pyongyang to cease provocations and return to disarmament talks.
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Exclusive: Global consumer confidence stabilizing

Global consumer confidence is stabilizing after falling for 18 months, providing a glimmer of hope for a shattered world economy in which three quarters of households cut spending, a survey showed on Tuesday.
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Japan plans missile early warning system

Japan approved on Tuesday plans for a missile early warning system and some ruling party lawmakers suggested Japan should inspect North Korean ships, as a report said the North was preparing to fire a mid-range missile.
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North Korea may launch long-range missile in weeks

North Korea may this month test a missile designed to fly as far as U.S. territory and may also be gearing up for skirmishes with the South around their disputed sea border, South Korean news reports said on Monday.
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China's economy stabilizing; export orders tick up

China's manufacturing sector continued to expand moderately in May as new export orders improved, two surveys showed on Monday, adding to tentative signs that the world's third-largest economy is stabilizing.
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Weeping South Koreans pack streets for Roh funeral

Sobbing South Koreans jammed Seoul's streets on Friday for the funeral of former President Roh Moo-hyun, whose suicide last week has turned him from failed leader to lightning rod for criticism of his successor.
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North Korea fires short-range missile

North Korea test-fired another short-range missile off its east coast on Friday and said it would take more self-defense measures if the U.N. Security Council punished it for this week's nuclear test.
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Russia says not against North Korea U.N. resolution

Russia does not object to a U.N. Security Council resolution on North Korea's nuclear test this week, but feels it is too early to talk about possible penalties, a Foreign Ministry spokesman said on Thursday.
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U.S., South Korea raise military alert on North

South Korea and the United States raised the military alert level for the peninsula on Thursday after the communist North warned the truce ending the Korean War was dead and it was ready to attack.
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Wired South Korea mourns ex-president online

Many South Koreans are mourning a former president who was popular among youth in cyberspace, with an online gaming company even halt playing for several hours for the funeral on Friday.

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