In a testament to its power as symbol of status and wealth, the high-end handbag gets its own museum in a bag-shaped temple in Seoul.
Soldiers danced in Pyongyang's plazas as North Korea announced Wednesday that leader Kim Jong Un was named marshal, a title cementing his status atop the authoritarian nation's military as he makes key changes to the 1.2 million-man force.
Population: 48.9 million Currency: Won (KRW) Natural resources: coal, tungsten, graphite, molybdenum, lead, hydropower potential Industries: Electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
South Korea's economy has been dominated by dozens of financially complex, conglomerates that have been central to its rise on the global stage.
Asia's fourth-largest economy is far less vulnerable to shocks triggered during the Asian financial crisis in 1997.
The economy is dominated by companies that are now household names such as Samsung Electronics, LG Electronics, Hyundai Motors, and Kia Motors.
South Korea's economy and its stock market are dominated by dozens of financially complex, family-run, multinational conglomerates that have been central to the nation's rise on the global stage.
South Korea's resilient economy has earned it a rank among the so-called Asian tigers. But, its export-driven industries are volatile, even as it's grown to global prominence.
Most Asian economies from Indonesia to India will deteriorate in the second half of the year because demand from both domestic and foreign buyers will weaken, according to Nomura. The exception is China, where monetary easing and fiscal policies are already starting to take effect and will help its economy rebound in the third quarter.
Samsung Electronics, COSCO Pacific, Ayala Land and Cathay Pacific are some stocks that will fare well even as market volatility and economic uncertainty continue into the second half of the year, according to a report by HSBC Global Research.
Pain in Spain dents the euro, and China's rate cut hits the Aussie - it's time for your Friday FX Fix.
The price of the world’s most important oil benchmark is being boosted by South Korean refiners buying on the back of a tax loophole involving North Sea oil, the Financial Times reports.
The price of the world’s most important oil benchmark is being boosted by South Korean refiners buying on the back of a tax loophole involving North Sea oil. The FT reports.
With the Keystone pipeline bollixed up to the south, Canada is looking west — to China and other Asian markets — to sell its abundant oil.
Worries about Greece sap risk appetite as the euro slides and the dollar soars - it's time for your FX Fix.
South Korean President Lee Myung-Bak says the nuclear issue with Pyongyang can be resolved. He also addresses the Greek debt crisis and the IMF bailout of the country.
Euro Slips, Pound Trips, Asian Central Banks Intervene — it's time for your FX Fix.
South Korea's benchmark index, the Kospi has risen 7 percent so far this year, a much better performance than the 11 percent decline last year. But one analyst says the Kospi is looking vulnerable and could drop as much as 20 percent from current levels.
Hyundai and Kia are looking to boost sales in a slowing, but crowded, China car market by positioning themselves as quality brands.
Deutsche Bank strategists say the range-bound trading in the currency markets could be ending.