Wall Street Journal Archives

S. Korea Dismisses Trump’s Reported Remark That It was Part of China

SEOUL, Apr. 20 (Korea Bizwire) — South Korea on Wednesday dismissed the controversial remark reportedly made by U.S. President Donald Trump that Korea was “part of China” as untrue and not worthy of response. “Whether that is true or not, Korea hasn’t been a part of China for thousands of years and it is an [...]

American Colleges’ Endowments Earn Good Returns While Korean Ones Incur Big Losses

SEOUL, Oct. 12 (Korea Bizwire) – Endowments of colleges in the U.S. earned decent returns while Korean universities suffered great losses. The Wall Street Journal reported on September 23 that “Harvard, the World’s Wealthiest University, Reported a 15.4 Percent Investment Return for Fiscal 2014.” Its performance is weaker compared with certain peers but “those returns exceeded [...]