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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.
Wed, 25 Feb 2015 18:18:20 -0800
SEJONG, Feb. 26 (Yonhap) -- Cargo processed at South Korean seaports fell slightly from a year earlier in January on a slump in exports and imports, the government said Thursday. The amount of cargo handled at seaports here came to some 120.85 million ...
Wed, 25 Feb 2015 23:17:01 -0800
DESMOND BOYLAN/REUTERS Panama stopped a North Korean ship in 2013 caught smuggling arms from Cuba and seized the cargo - like this Soviet-era SS-4 medium range nuclear capable ballistic missile - after a stand-off with the North Korean crew in ...
New York Daily News
Tue, 10 Feb 2015 01:33:45 -0800
SINGAPORE Feb 10 (Reuters) - South Korea's Samsung Total Petrochemicals, a regular importer of naphtha, has sold its first naphtha cargo at a time when supply to Asia is being squeezed, traders said on Tuesday. The petrochemical maker, which operates ...
Tue, 03 Mar 2015 05:07:30 -0800
In 2011, an Asiana Airlines cargo plane carrying 880lb (400kg) of lithium batteries crashed into the Korea Strait, killing both crew members. The cause of the fire was never determined, but the International Civil Aviation Organisation did recommend ...
Tue, 03 Mar 2015 11:20:44 -0800
Cargo documentation the captain presented did not match the load the ship was found to be carrying, Gonzalez said. Photographs from the prosecutor's office showed wooden cases inside a ... A North Korean ship was detained in the Caribbean region in ...
Mon, 23 Feb 2015 10:11:15 -0800
In the summer of 2014, Korean Air Cargo transported Nova Scotia seafood to Seoul, South Korea. During the holiday season, Korean Air Cargo returned with weekly flights to South Korea. Each flight carried approximately 40-50 tonnes of lobster with the ...
Daily Business Buzz
Tue, 03 Mar 2015 14:06:53 -0800
"Demand for spot cargo is just flat. Mills are not in a rush to buy," said an iron ore trader in Shanghai. Some Brazilian iron ore cargoes were being offered at a discount of $US2-$US2.50 per tonne to the Platts price index, he said, showing how some ...
Sydney Morning Herald
Fri, 06 Feb 2015 08:29:35 -0800
Bangladesh has denied a North Korean cargo vessel access to Chittagong port that previously carried hidden arms and missiles. Print Friendly and PDF. The foreign ministry in a statement on Friday said it denied permission to the cargo vessel 'MV ZHONG ...
Bangladesh News 24 hours