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  • Indian film festival to be held in Seoul

    An Indian film festival, where hugely popular Bollywood movies like "Lage Raho Munnabhai" will be screened, is to be held here to commemorate the 40th anniversary of establishment of diplomatic relations between India and South Korea. The festival will be held at CGV Yeouido, IFC Mall, May 24-28. It has been organised by the Indian embassy with the support of CGV, the Indian tourism ministry ...

  • S.Koreas economic effectiveness remains lower than advanced economies

    South Korea's economic effectiveness remained low compared with those in advanced economies, indicating that the economy depended on quantitative expansion in labor and capital for its growth, the local think tank said Wednesday.Total factor productivity, which measures economic effectiveness, of South Korea accounted for 3.15 percent of its economic growth between 1981 and 2005, lower than ...

  • South Korea Japan US defense chiefs to meet

    Commander of the U.S. Naval Forces Korea, Rear Adm. William C. McQuilkin, left, salutes as Rear Adm. Michael S. White, commander of the Nimitz Strike Group, right, smiles from U.S. nuclear-powered aircraft carrier USS Nimitz upon its arrival at Busan port, south of Seoul, South Korea, Saturday, May 11, 2013. Ahead of the U.S. carrier’s visit to South Korea, North Korea on Friday called ...

  • S.Korea to launch $1.8b fund for small venture companies

    South Korea planned to launch 2 trillion won ($1.8 billion) worth of funds to enhance access to the equity capital market by small, venture companies with innovative technology, the financial regulator said Wednesday."Our growth ecosystem showed shortfall in fund inflow into startup and venture companies that have high risks due to their uncertainties and asymmetric information," ...

  • S Korea beats Thailand at Sudirman Cup badminton championships

    South Korea's Lee Yong Dae (front) and Ko Sung Hyun compete during men's doubles at the the 2013 Sudirman Cup world mixed team badminton championships against Jongjit Maneepong and Puanguapech Nipitphon of Thailand in Kuala Lumpur, Malaysia, on May 21, 2013. Lee Yong Dae and Ko Sung Hyun won 2-0. (Xinhua/Zhang ...

Movie Review

The Thirteenth Floor

There have been a number of American films in the last few years that have been built on the notion of questioning What is reality? These include "Dark City," which played with the idea of implanted memories, "The Truman Show," which gave us a TV studio masquerading as the real world, and, most recently, "The Matrix," with its alien-imposed, prison-like virtual world. What these films have ... ...

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  • Seoul shares end at 7-week high on foreign buying autos

    Wed May 22, 2013 3:23am EDT * Seoul shares rise as foreign buying extends to 4th day * Auto stocks rally on hopes over union agreement SEOUL May 22 (Reuters) - Seoul shares hit a 7-week closing high on Wednesday on robust foreign investor buying after Federal Reserve officials played down the chances of scaling back the bank's stimulus programme, with rallies in autos further lifting the ...

  • UPDATE 1-S.Koreas Iran crude imports for April down 44.4 pct yy

    Wed May 22, 2013 1:41am EDT * Crude imports from Iran in April at 4.18 mln bbls -data * Iranian imports for month below expectations * Total April crude imports at 69.12 mln bbls, down 5.6 pct y/y * Dec 2012-April 2013 Iran crude imports at 157,596 bpd (Adds details) By Meeyoung Cho SEOUL, May 22 (Reuters) - South Korea's imports of Iranian crude in April fell nearly 45 percent from a year ...

  • S. Koreas industrial power sales rise on export growth

    Industrial electricity sales in South Korea rose last month due to a growth in exports, which account for more than half of the economy, a government report showed Wednesday.Power sales in the industrial sector, a barometer of industrial activities, reached 21.89 billion kilowatt-hours (kWh) in April, up 3.1 percent from a year earlier, according to the Ministry of Trade, Industry and Energy ...

  • Climbers from Bangladesh and South Korea die while descending from Everest

    Two climbers have died while descending from the summit of Mount Everest on Monday night, officials confirmed.The climbers have been identified as Mohammad Khalid Hussain of Bangladesh and Sung Ho-Seo of South Korea.Khil Lal Gautam, official at Tourism Ministry, said that Ho-Seo, who had climbed the peak without supplemental oxygen, refused to put on oxygen mask on returning to tent as suggested ...

  • Seoul Buriram Shabab Ahli into ACL quarters

    SEOUL, South Korea -- FC Seoul, Buriram United, Al Shabab and 2012 finalist Al Ahli advanced to the Asian Champions League quarterfinals on Tuesday.Seoul scored three second-half goals to beat Beijing Guoan 3-1 on the night and by the same margin overall to qualify for the quarterfinals for the third time in five years. Buriram drew 0-0 with Bunyodkor but won 2-1 at home last week, becoming the ...

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