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Korea is an East Asian country that is currently divided into two separate sovereign states, North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea), and it is separated from Taiwan to the south by the East China Sea. The adoption of the Chinese writing system ("Hanja" in Korean) in the 2nd century BC, and Buddhism in the 4th century AD, had profound effects on the Three Kingdoms of Korea which was first united during the Silla Dynasty (57 BC - 935) under the king Munmu of Silla. The united Silla dynasty fell to Goryeo Dynasty in 935 at the end of Later Three Kingdoms of Korea era. Goryeo was a highly cultural state and created the Jikji in the 14th century, using the world's first movable metal type printing press. The Mongol invasions in the 13th century, however, greatly weakened the nation which was forced to become a tributary state. After the Mongol Empire's collapse, severe political strife followed and Goryeo was replaced by the Joseon Dynasty in 1388. The first 200 years of Joseon were marked by relative peace and saw the creation of the Korean alphabet Hangul by King Sejong the Great in the 14th century and the rise in influence of Confucianism in the country. During the latter part of the dynasty, however, Korea's isolationist policy earned it the Western nickname the "Hermit kingdom". By the late 19th century, the country became the object of the colonial designs of Japan. In 1910, Korea was invaded by Japan and remained occupied until the end of World War II in August 1945. In 1945, the Soviet Union and the United States agreed on the surrender of Japanese forces in Korea and Soviet troops occupied north of the 38th parallel, while U.S. troops took surrender south of it. This decision by allied armies soon became the basis for the division of Korea by the two superpowers, exacerbated by their inability to agree on the terms of Korean independence. The two Cold War rivals then established governments sympathetic to their own ideologies, leading to Korea's current division into two political entities: North Korea and South Korea. The ensuing conflict between the two was largely a proxy war. North Korea, officially the Democratic People's Republic of Korea, is a single-party state with a centrally planned industrial economy. South Korea, officially the Republic of Korea, is a free market, democratic, and developed country with membership in the Organization for Economic Co-operation and Development (OECD) and the Group of Twenty.
Tue, 24 Nov 2015 18:15:00 -0800
Cargo processed at South Korean seaports dipped from a year earlier in October, mainly due to a drop in exports and imports, the government said Wednesday. The country's seaports handled a combined 121.687 million tons of cargo last month, down 0.3 ...
Hellenic Shipping News Worldwide
Tue, 24 Nov 2015 18:03:45 -0800
Compared with September, total cargo handled by seaports rose 4.9 percent. In the previous month local ports processed 115.977 million tons of cargo, with export-imports reaching 96.144 million tons and domestic cargo hitting 19.833 million tons.
The Korea Herald
Mon, 02 Nov 2015 12:37:30 -0800
Chinese logistics provider Topline Express Logistics, or TEL, said it has successfully transported a project cargo by air freight from China to Korea on behalf of Belgian firm Europe Cargo. The consignment comprised two long steel plates which each ...
Wed, 28 Oct 2015 16:26:15 -0700
SEOUL: Korea Gas Corp (KOGAS) said on Wednesday the first cargo vessel containing 60,000 tonnes of liquefied natural gas, the first shipment of GLNG project from Gladstone, arrived in South Korea's Pyongtaek port on Oct. 27. KOGAS owns 15 percent of ...
The Star Online
Fri, 27 Nov 2015 09:37:30 -0800
Even if a declining dollar starts to sap the strength of import volumes in ports such as Houston and New Orleans, the backlog of project cargo for the multitude of petrochemical plants and refineries under construction in the western Gulf will continue ...
Fri, 27 Nov 2015 09:03:45 -0800
Tanker Magellan Spirit is expected to ship the first cargo from AP LNG in December. At the same time, ... Top buyers Korea and Japan have been particularly quiet, traders said, despite temperatures dropping with the onset of winter. Japan's October LNG ...
Fri, 27 Nov 2015 10:33:45 -0800
Shipping accounts for 90 pct of carriage of cargo - Kuwaiti official ... "Shipping represents 90 percent of the carriage of cargo, including oil, oil by-products and livestock," he pointed out. ... largest interest in providing international shipping ...
Kuwait News Agency
Fri, 27 Nov 2015 01:45:00 -0800
Elsewhere, Volkswagen (DE:VOWG_p) shares tumbled 1.73% after South Korea ordered the recall of 125,522 of the company's cars after revealing that its own testing showed that the carmaker deliberately manipulated a diesel emissions device in ...