PyeongChang ahead of rival cities in bid for 2014 ...

PyeongChang ahead of rival cities in bid for 2014 ... The Korean city of PyeongChang on Monday (May 4) received the best marks in an IOC (International Olympic Committee) report evaluating three candidate cities' bids to host the 2014 Winter Olympic Games. No food aid to N. Korea until its nuclear disarmam... Unification Minister Lee Jae-joung reiterated Monday (June 4) that South Korea would not resume food aid to North Korea, unless it follows through on its promise to dismantle its nuclear weapons program. Goldman Sachs raises forecast for Korea's economic... Goldman Sachs Group Inc., the world's biggest securities firm, on Monday (June 4) raised its forecast for Korea's economic growth in 2007 and 2008, citing brisk exports. Asia's third-largest economy is projected to grow 4.8 percent this year due main...