South Korea News

Paramount Pictures said Tuesday that developers will open a theme park and resort complex in South Korea in 2011 based on 'Mission: Impossible,' 'Lara Croft: Tomb Raider' and other movies by the studio.

Paramount Movie Park Korea will have more than 30 attractions, said Michael Corcoran, president of Paramount Pictures Corp.'s consumer products and recreation group, who predicted it will draw more than 5 million visitors during its first year of operation.

'South Korea is a fast-growing and attractive market,' Corcoran told a news conference. 'It's a business-friendly market and culturally sophisticated.' He also said the park will prove attractive to international visitors.

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SEOUL, South Korea -- State prosecutors demanded Tuesday a six-year prison term for Hyundai Motor Chairman Chung Mong-koo after the Supreme Court ordered a resentencing in the auto tycoon's embezzlement ... via The China Post

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“We pay our own way to come here and help. People say, 'Why do you do that?' I say to the Chinese: 'One day we'll have this need. We will need to have the world help us,'”

Chinese volunteers check and pack up tents and bed covers at a donation spot in Beijing, Saturday, May 17, 2008. via The Boston Globe

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“We're really stepping up our cooperation not only bilaterally but trilaterally. We have a lot to discuss here. We'll work out our work plan ahead”

The United States is "stepping up cooperation" with Japan and South Korea over negotiations to realize denuclearization on the Korean peninsula, U.S. Assistant Secretary of State Christopher Hill said here ... via People's Daily Online

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Pixelplus Co., Ltd. , a fabless semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, will announce its results for the fourth ... via KVOA-TV Tucson

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Hello Kitty - ' Japan's ubiquitous ambassador of cute - ' has built up an impressive resume over the years. via MSNBC

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“The LCD industry will experience oversupply from October this year”

SEOUL, South Korea : South Korea's LG Display Co. said Friday it plans to spend 1 trillion Korean won to build a new liquid display production line. via International Herald Tribune

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China's General Administration of Customs said Sunday that it fast-tracked entry for 38 overseas rescue and medical teams and 28 batches of relief supplies. via People's Daily Online

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Korea Development Bank reversed its earlier decision to have Goldman be a preferred bidder as co-adviser of the sale of a 50.4 percent stake in Daewoo Shipbuilding, the state-run bank said in an e-mailed ... via Bloomberg.com - Asia

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“Even now, I feel guilty that I pulled the trigger”

The prison guard scanned the trench full of bodies, under orders to shoot anyone still alive, when he heard a cry from below that still echoes in his mind: 'Mr. Chief! Please shoot me.'

The 25-year-old guard, Lee Joon-young, complied with a squeeze of his .45-caliber pistol's trigger, ending the suffering of one victim of the mass executions carried out by South Korean authorities in the early days of the Korean War.

In just a few weeks in mid-1950, the military and police killed thousands of known leftists and suspected leftist sympathizers, as well as ordinary convicts and peasants wrongly caught up in anti-communist sweeps. South Korean leaders feared they might help invading troops from communist North Korea. Read more

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