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South Korea scandal shines light on corporate, government nexus:Reuters

​Returning from a board meeting of South Korean steel giant POSCO last November, director Bahk Byong-won said he was "dumbfounded" at a decision made there to donate 3 billion won ($2.61 million) to a recently set up non-profit foundation.

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Fewer Americans smoke, more exercise regularly since 2008: study

Americans' exercise and smoking habits have improved while their eating habit has worsened slightly in the past eight years, found a new Gallup study.

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Japan's wholesale prices drop for 8th straight month in November

​Japan's wholesale price declined in November for the eighth successive month, with prices for both exports and imports logging losses, the Bank of Japan said on Thursday.