South Korea: Asian Beacon

Investing Daily Article of the Week by John Persinos, Managing Director, Personal Finance and Investing Daily Despite its rising prosperity and growing middle class, South Korea is typically overshadowed on the world stage by China and Japan, its more powerful regional rivals.Even impoverished North Korea gets considerably more attention, as witnessed last week when Bill Richardson, former governor of New Mexico, and Eric Schmidt, executive chairman of Google (NASDAQ: GOOG), led a private delegation to the communist dictatorship to argue for greater social and economic freedom.Consider this startling fact: North Korea is home to only about 1,000 registered Internet Protocol (IP) addresses, compared with more than 112 million in South Korea. The media may give short shrift to South Korea, but investors who do the same are missing potential profits. The country’s economy ranks 15th i...