Word: koreans
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...When a rich brother goes to visit a poorer brother, the rich brother should not go empty-handed. We wanted to provide $100 million of support. But there was no legal way to do it." Kim Dae Jung, former South Korean President, in an interview with the Financial Times, in his most candid remarks to date concerning the secret payments to North Korea made while he was in office...
...These days, however, North Korea's writers are getting a little leeway. Last week, Pyongyang said it would host a meeting of South and North Korean writers, the first such get-together in nearly 60 years. And to the surprise of foreign observers, new topics are appearing in North Korean fiction: poverty, starvation, even the hint that not all officials are paragons of virtue. In 2002, state presses released Hwang Jin Yi, a ribald historical novel by Hong Seok Jung, which will be published in South Korea in September. The heroine is a courtesan who encounters starving masses, corrupt officials...
Call Kim Ssang Su a man of the people. On a chilly night in the picturesque mountains south of Seoul, Kim, CEO of LG Electronics Inc., holds aloft a paper cup filled to the rim with soju, a clear, sweet potato--based Korean alcohol with a vicious bite. Surrounding him are a dozen of the 300 LG suppliers' managers whom Kim has spent the day lecturing and rallying. They have also been hiking up a snow-covered mountainside--necessary training, he says, for the grand plans he has for South Korea's second largest electronics firm...
Eight tables and countless cups later, he is red faced, still screaming chants and bear hugging an unfortunate reporter. When dancing girls in short skirts and blond wigs start jiggling to ear-numbing Korean pop music, the tireless Kim, 59, cavorts in a mosh pit of drunken workers near a makeshift stage. Later he ascends the stage himself, microphone in hand, to croon out a popular oldie called Nui (Sister). "We love our CEO," says Kim Young Kee, an LG executive V.P. "He shows us a good time...
...this new digital world, LG has a distinct advantage in its ultrawired South Korean home base. The demanding Korean market, where an amazing 84% of households using the Internet have high-speed access, propels LG to develop more advanced products and provides a testing ground for new technologies. LG has outpaced Nokia and Motorola in cramming the hottest new features into its mobile phones. Its latest model, the SC8000, which came out in Korea in April, combines a PDA, an MP3 player, a digital camera and a camcorder. The advantage is paying off. In May, LG launched a new mobile...