China has decided to intervene – unprecedented but not terribly unsurprising – see a detailed Bloomberg story here.
Protests in Korea continue against the President’s mind-numbing relationship with a ‘friend’. Read the unbelievable story here (ht: Swanand Kelkar). Samsung Galaxy has, after all, helped the nation discover this truly bizarre relationship although it too had played its part in the nation’s loss of prestige and image. Quite sad, actually. Korean government in emergency mode on financial markets.