- Korean singers such as Rain, Seven, Im Jeong-hee, G-soul, and Min, make inroads into the US market. Recent active advance of singers to the US market is largely attributed to Park Jin-young, former singer and Rain’s producer, has successfully taken roots in the US market and helped talented singers be introduced there.

- Prices of cabbages and radish has increased by 36 and 17 per cent this year, respectively, putting pressure on ordinary people who are about to prepare Kimchi for the next year. It is expected made-in-China kimchi, which amounts to 34 per cent of total kimchi consumption, to hit an all-time-high this year.

- Total amount of national debt for the participatory government is reported to more than double to W168 trillion from W74 trillion of the previous government.

- Chung Dong-young received a warm welcome when he visited Kaesung yesterday and the North allowed Chung to go sightseeing downtown Kaesung, the first move in four months.

- One of the most success in ‘Kobalization(Korea+globalization)’ is Tesco Home Plus, a joint company between England Tesco and Samsung’ Home Plus. Tesco designed its malls in a Korean big mall style and adopted Korea’s IT system for product distribution and management.

- IMF expects Korea’s this year economic growth to be 4.8 per cent, up 0.4 per cent from its July prediction.

- Many business leaders are under pressure in the run up to a follow-up meeting held by Cheong Wa Dae October 23 to discuss measures for enhanced inter-Korean economic cooperation. The government is said to urge business leaders to come up with investment ideas.

- Cyworld is to start its service in Germany after four month of veta-version operation.