Word: seoul
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...gamut of the arts since its reinvention began in 2001. Today, more than 70 artists, musicians, writers and cineasts - including director Park Chan Wook, winner of the Cannes Grand Prix 2004 for his film Old Boy - have settled in the 500,000-sq-m valley, 40 minutes north of Seoul. The community is still a work in progress (60 buildings have been completed and 20 are under construction), but tourists will find plenty to see, including cutting-edge architecture, cinemas, cafés, galleries and craft shops. More important, it's a blissful change from the heavy atmosphere that hangs...
...APPOINTED. HAN DUCK-SOO, 55, veteran South Korean bureaucrat and supporter of open market economic policies; as the country's new finance minister; in Seoul. Han replaced Lee Hun-jai, who resigned last week, and promised to follow a similar economic strategy as his predecessor. "I will do my best to assure markets [of consistency], revive the economy and establish systems for an advanced Korea," Han said. The government hopes to achieve 5% economic growth this year...
...that the U.S. would like to isolate, she repeatedly emphasized that Washington backs recent efforts by both nations to mend their 58-year bitter dispute over the divided region of Kashmir. After stops in Afghanistan and Tokyo, where she called for greater democracy across Asia, Rice moved on to Seoul before flying to Beijing, where the real work of the trip was waiting...
...demilitarized zone. As for elevating Kim's image with the delegations, Johnson insists, "It was never the purpose ever stated to me." In the meantime, defining exactly what charity is, and how it should be bestowed, has become Washington's latest investigative mission. --With reporting by Donald Macintyre/ Seoul and Mark Thompson/Washington
...RESIGNED. LEE HUN JAI, 60, South Korean Finance and Economic Minister; after legislators called for his ouster over suspect real estate transactions; in Seoul. Revelations emerged in January that Lee's wife, Jin Jin Sook, may have flouted residency laws with a 1979 purchase of land in Kwangju, south of Seoul, which she later sold for a profit of $4.6 million. Lee denied any improprieties, but said he would step down because the controversy "could burden the President and be of no help to the economy...