from Ian Bremmer:

Fallout is just beginning in North Korea

By Ian Bremmer
December 21, 2011

By Ian Bremmer
The opinions expressed are his own.

There are many surprising things about Kim Jong-il’s sudden death, not the least of which is that it took two days for the rest of the world to hear about it. Yet most surprising is the sanguine reaction of the global and especially the Asian markets. On Monday, or actually Sunday as we now know, the world woke up to its first leaderless nuclear power. Coming as close as anyone could to filling his seat was his youngest son, who is in his late twenties. There’s no way these facts were accurately priced into markets that took just a relatively minor dip as a first response. The news from North Korea appears to have been taken far too lightly, and just a few days out, it’s disappearing from the front pages.

from Breakingviews:

Dear Leader’s death may prize open hermit state

December 19, 2011

By John Foley (The author is a Reuters Breakingviews columnist. The opinions expressed are his own)

from Photographers' Blog:

The truce village of Panmunjom

December 3, 2011

By Lee Jae-won

South Korea is surrounded by the sea on all sides but one. The country is virtually an island as it is bordered to the north by reclusive North Korea.

from Global Investing:

Japan fires latest FX wars salvo; other Asians to follow

October 31, 2011

Emerging central banks that sold billions of dollars over the summer in defence of their currencies might soon be forced to do the opposite. Japan's massive currency intervention on Monday knocked the yen substantially lower not only versus the dollar but also against other Asian currencies.  The action is unlikely to sit well with other central banks struggling to boost economic growth and raises  the prospect of a fresh round of tit-for-tat currency depreciations. Already on Monday, central banks from South Korea and Singapore were suspected of wading into currency markets to buy dollars and push down their currencies which have recovered strongly from September's selloff.  The won for instance is up 6.9 percent in October against the dollar -- its biggest monthly gain since April 2009.  The Singapore dollar is up 4.5 percent, the result of a huge improvement in risk appetite.

from Oddly Enough Blog:

Catching bayonets, what could go wrong?

October 23, 2011

It's not that I don't think you know what you're doing, but we hired you to spiff up our military honor guard with some great new moves, and I'm just not sure about your plan.

from Photographers' Blog:

Seven months atop a crane

August 4, 2011

With almost seven months atop a crane, a 51-year old woman trade unionist is staging a solo protest to end layoffs at a shipyard in South Korea.

from MacroScope:

APEC Summit looms as US trade pacts lag

July 25, 2011

The White House could face the embarrassing possibility of President Barack Obama hosting the annual APEC leaders summit in November without managing to win approval of free trade pacts with South Korea, Colombia and Panama.

from FaithWorld:

“Well-dying course” in South Korea includes test run in a coffin

By Reuters Staff
July 7, 2011

(A woman, donning a traditional yellow hemp robe, lies down in a coffin during a "well-dying? course in Seoul July 4, 2011/Truth Leem)

from FaithWorld:

South Korea back in stem cell spotlight with new adult cell treatment for hearts

By Reuters Staff
July 7, 2011

(A researcher uses a microscope during a photo call at an aseptic room of the FCB-Pharmicell laboratory in Seongnam, near Seoul, June 28, 2011/Jo Yong-Hak)