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South Korea Joins Global Currency War, Cuts Rates In Response To Abenomics

zerohedge.com / By Tyler Durden / May 9, 2013, 06:31 -0400

Kenya, Australia, Poland and now South Korea. The country, whose net exports represent nearly 60% of GDP, and which have been deeply impacted by the recent collapse in the Yen, finally threw in the towel overnight and cut the benchmark seven-day repurchase rate from [...]

BREAKING: Threatening Letter Sent To U.S. Embassy In South Korea Warns Americans May ‘Be Subject To Attack’

investmentwatchblog.com / May 1st, 2013

An investigation has been launched into a threatening letter found at the U.S. Embassy in Seoul, police said Thursday.

The Seoul Metropolitan Police Agency (SMPA) said the letter was delivered to the embassy in downtown Seoul on Monday that contained threats against American citizens in South Korea.

[...]

North Korea Says It Enters “War” Against South Korea, And North Korea Kaption Kontest

zerohedge.com / By Tyler Durden / 03/29/2013 20:07

When one cries wolf a few too many times, this is what happens. From Yonhap:

North Korea announced Saturday that it has entered a state of war against South Korea.

In a special statement, the North said it will deal with every inter-Korean issue [...]

(4th LD) Several broadcasters, banks suffer suspected cyber attacks

english.yonhapnews.co.kr / March 20, 2013, 17:52 KST

SEOUL, March 20 (Yonhap) — South Korea’s government said a malicious code from unknown hackers caused massive computer network failures at several major TV stations and banks Wednesday, but nothing else has been determined yet, including whether North Korea was involved in the [...]

A second passport you’d probably never think of

sovereignman.com / By TIM STAERMOSE / March 7, 2013

Over dinner with a friend in Busan, South Korea yesterday, the conversation turned to residency and second citizenships. My friend is a successful entrepreneur who’s lived in South Korea ever since I first met him in 1996.

Right now, he has an investors’ visa. The [...]

South Korea Adds 20 Tonnes of Gold to Reserves in February

caseyresearch.com / By Ed Steer / March 7, 2013

¤ YESTERDAY IN GOLD & SILVER

The gold price chopped around in about a five dollar price range through all of Far East and most of London trading on Wednesday. Then around 9:00 a.m. in New York, the price headed for its low of the day…$1,566.40 [...]

South Korea Starts Currency War Rumblings; Has Japan In Its Sights

zerohedge.com / By Tyler Durden / 02/19/2013 10:32

While the rest of the developed (read trade deficit) world’s foray into the currency wars was completely predictable and expected, there was one country that had so far kept very silent on the topic of Japan’s attempts to crush its currency: its main export [...]

Police: Woman hit 2 TSA agents at OIA during security checkpoint

clickorlando.com / Published On: Dec 27 2012 01:39:40 PM EST Updated On: Dec 27 2012 11:12:41 PM EST

ORLANDO, Fla. -

An American Airlines passenger was arrested at Orlando International Airport on Wednesday after police say she hit two Transportation Security Administration agents while going through a security checkpoint.

According to the police report, [...]

South Korea Buys More Gold

truthingold.com / By truthing / December 5, 2012 at 15:13

South Korea’s central bank said on Wednesday it bought 14 tonnes of gold in November using its foreign reserves in order to spread its portfolio risks, while releasing data showing total reserves rose after talk of market intervention.

The Bank of Korea bought the [...]

South Korea buys 16 metric tons of Gold in July

bullionstreet.com / Thursday, August 2nd 11:27 AM IST

Country’s central bank,the Bank of Korea increased reserves to 70.4 tons with the latest addition estimated at around $2.98 billion, equivalent of 0.9 percent of total reserves.

SEOUL(BullionStreet): World’s seventh largest forex reserves holder South Korea bought 16 metric tons of gold in July [...]

Tensions Mount as North Korea Cozies Up to China

South Korea has announced plans to build a new naval base near its border with North Korea. The base will include barracks and a training ground to accommodate around 100 troops. The base will be located on one of five South Korean islands established by the UN in the 1950s, but Pyongyang refuses to [...]

Is Obama Negotiating A Treaty That Would Essentially Ban All “Buy American” Laws?

May 07, 2012 – The Economic Collapse

69 members of the U.S. House of Representatives have sent Barack Obama a letter expressing their concern that a new international treaty currently being negotiated would essentially ban all “Buy American” laws. This new treaty is known as the Trans-Pacific Partnership, and it is going to [...]