NKorea asks South for flood aid despite tension (San Diego Union)

North Korea requested a shipment of rice, cement and heavy equipment days after rival South Korea offered relief aid to its communist neighbor to help it recover from recent flooding, Seoul’s Unification Ministry said Tuesday.

Source : San Diego Union

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UPDATE 1-Samsung warns Q4 DRAM oversupply on weak PC sales (Reuters UK)

TAIPEI/SEOUL, Sept 7 (Reuters) – Samsung Electronics , the world’s top memory chipmaker, warned on Tuesday the computer memory chip market could be in oversupply from next quarter as a sputtering global economy may further weaken PC sales.

Source : Reuters UK

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DPRK asks S Korea for rice in flood aid (People Daily)

The Democratic People’s Republic of Korea (DPRK) has asked South Korea for rice and other “necessary equipment” to repair flood damage, the government here said Tuesday. The request was made in a reply to an offer last week by South Korea’s Red Cross to give the DPRK emergency relief aid worth 10 billion won (8.4 million U.S. dollars). Seoul is considering the request, the Unification…

Source : People Daily

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Tax dollars well spent (Gusts of Popular Feeling)

http://joongangdaily.joins.com/article/view.asp?aid=2925611 Rumors on the internet said that escaped convicts were killing high school girls in Incheon. High school girls who read the rumors were scared. Instead of confirming that escaped convicts were not killing high school girls, police found another solution: [L]ast week, police arrested a high school girl surnamed Lee, 17, on charges of…

Source : Gusts of Popular Feeling

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Korea: ‘Property market slump to linger’

From Koreatimes.co.kr: The chief of the financial watchdog said the sluggish property market and rising household debt could pose major stumbling blocks to Korea’s economic recovery. “If the current housing market slump becomes long-term and the

S. Korea announces independent sanctions against Iran

SEOUL, Sept. 8 (Xinhua) — South Korea unveiled independent sanctions on Iran Wednesday for its contentious nuclear program suspected to be a cover for developing nuclear weapons, joining the U.S

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