YON - Yonhap News Agency of Korea back issues from November 2004:
(LEAD) Hyundai Unicorns Win Their 4th Korean Series Title.
Nov 01, 2004 ... (ATTN: ADDS with Cho's comment and MVP vote counting in 11-12th paras) By Yang Te-samSEOUL, Nov. 1 (Yonhap) - The Hyundai Unicorns beat the Samsung Lions 8-7 in Game 9 Monday to clinch the best-of-seven Korea Baseball Organization Korean Series, winning four games after two losses ...
Hyundai Unicorns Win Their 4th Korean Series Title.
Nov 01, 2004 ... By Yang Te-samSEOUL, Nov. 1 (Yonhap) - The Hyundai Unicorns beat the Samsung Lions 8-7 in Game 9 Monday to clinch the best-of-seven Korea Baseball Organization Korean Series, winning four games after two losses and three ties.It is the fourth time the Unicorns and its general ...
U.S. Spy Drones Resume Flights along Korean Border.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The U.S. military has resumed flights of unmanned spy aircraft along the border with North Korea after a one year hiatus, a U.S. military newspaper reported Monday.The U.S. army stationed in Korea grounded its fleet of Shadow 200 Tactical Unmanned Aerial ...
Assembly Rift Between Rival Parties Deepens.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The main parliamentary session was disrupted for the fifth day on Monday with the rift between rival political parties deepening over the prime minister's disparaging remarks toward the main opposition party.The governing Uri Party put further pressure on the ...
Growth May Fall to 4 Pct Range in 2005: Finance Minister.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korea's economic growth may fall to the lower 4 percent level in 2005 because of high crude oil prices and weakness in the construction sector, Finance and Economy Minister Lee Hun-jai said Monday.Speaking at a meeting of economy-related ministers and ...
Views on Uselessness of 6-way Talks Prevalent in N.K.: Report.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- As the standoff over North Korea's nuclear weapons ambitions shows little sign of ending soon, negative views about the usefulness of the six-way talks are prevalent among North Koreans, a pro-Pyongyang newspaper in Japan reported Monday. The newspaper also ...
Former Secretary of N. Korean Workers' Party Praises U.S. Human Rights Law.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Former secretary of North Korea's powerful Workers' Party on Monday praised the recently-signed U.S. law aimed at improving human rights conditions and promoting democracy in North Korea, claiming it will deal a serious blow to pro-North Korea organizations. ...
Dumping of Taekwondo Just Rumor, IOC Official.
Nov 01, 2004 ... By Kim Hyun SEOUL, Nov. 1 (Yonhap) -- Brushing off rumors Taekwondo may be dropped from the Olympics to make way for another sport, a veteran member of the International Olympic Committee (IOC) Monday said the Korean martial art will remain an official Olympic sport as long as it ...
(LEAD) S. Korea, Singapore Find Common Ground for FTA.
Nov 01, 2004 ... (ATTN: CORRECTS dates in 2nd para, ADDS more background) SEOUL, Nov. 1 (Yonhap) -- South Korea and Singapore made progress toward the signing of a free trade agreement (FTA) at working-level talks in Bangkok last week, the Ministry of Foreign Affairs and Trade said Monday.At the ...
(LEAD) BC Card Takes E-Mart to Fair Trade Commission.
Nov 01, 2004 ... (ATTN: UPDATES throughout with unfair transaction charge from 2nd para)SEOUL, Nov. 1 (Yonhap) -- BC Card Co., the credit card company with the largest market share in South Korea, on Monday referred E-Mart, the top discount store chain, to the Fair Trade Commission (FTC) on ...
(3rd LD) KTF 3Q Profit Falls on Marketing Costs, Cuts 2004 Sales Growth Target.
Nov 01, 2004 ... (ATTN: ADDS CFO downgrade of 2004 sales growth target from 10th para) SEOUL, Nov. 1 (Yonhap) -- KTF Co., South Korea's second-largest mobile phone operator, said Monday net income for the third-quarter fell 11.9 percent from a year ago as it spent more in marketing in the ...
S.Korea, Singapore Find Common Ground for FTA.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korea and Singapore made progress toward the signing of a free trade agreement (FTA) at working-level talks in Bangkok last week, the Ministry of Foreign Affairs and Trade said Monday.At the talks held Monday through Wednesday last week, the two ...
Launch of SK Telecom's Satellite Mobile TV Faces Regulatory Delay.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The planned commercial launch of SK Telecom's satellite-based mobile television service this year may be delayed as government officials consider whether to allow the new service to relay terrestrial TV programs. SK Telecom, the country's top mobile phone ...
BC Card Takes E-Mart to Fair Trade Commission.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- BC Card Co., the credit card company with the largest market share in the country, has referred E-Mart, the top discount store chain, to the Fair Trade Commission on allegations of engaging in unfair transactions, officials said Monday.E-Mart has begun ...
(2nd LD) Three North Korean Boats Violate Western Sea Border.
Nov 01, 2004 ... (ATTN: ADDS analysis of the North's intentions in paras 10-14) SEOUL, Nov. 1 (Yonhap) -- Three North Korean Navy patrol boats briefly violated the western sea border with South Korea on Monday, the office of the Joint Chiefs of Staff (JCS) said.JCS officials said the two vessels ...
(3rd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
Nov 01, 2004 ... (ATTN: CORRECTS verb in lead to shrank from shrunk)SEOUL, Nov. 1 (Yonhap) -- South Korea's trade surplus shrank in October to US$2.5 billion from $2.8 billion in the previous month on the increased import bill from soaring oil prices, the Commerce Ministry said Monday. ...
Yonhap News Summary The following is the second summary of major stories moved by the Yonhap News Agency on Monday November 1, 2004.
Nov 01, 2004 ... ---------------------------- (2nd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in OctoberSEOUL -- South Korea's trade surplus shrank in October to US$2.5 billion from $2.8 billion in the previous month on the increased import bill from soaring oil prices, the Commerce ...
Number of Gov't Bond Primary Dealers Rises to 22.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The government on Monday increased the number of financial institutions that can handle government bonds by two to 22, the Ministry of Finance and Economy said.The ministry said Samsung Securities Co., the Korea Development Bank and Citibank were appointed ...
(LEAD) KOSPI Rises for 3rd Day; Kookmin Bank Leads Gains.
Nov 01, 2004 ... (ATTN: ADDS reports of FX, bond markets at bottom)SEOUL, Nov. 1 (Yonhap) -- South Korean stocks finished higher Monday, led by Kookmin Bank, but market participants were wary of trading ahead of Tuesday's U.S. presidential election, analysts said.The benchmark Korea Composite ...
North Korean Women's U17 Soccer Team to Visit South Next Year: KFA.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- North Korea's under 17 women's soccer team will visit South Korea next year to compete in the Asian Women's Under-17 Football Championship, officials at the Korea Football Association said Monday.The football event for women aged 17 and under will be held ...
S. Korean Bond Yields on Monday November 1, 2004.
Nov 01, 2004 ... Today (%) Previous Day (%) Change (%P) 1-year TB 3.42 3.41+0.01 3-year TB 3.47 3.45+0.02 10-year TB 3.97 3.95 ...
Gov't to Release Real Estate Reform Bill This Month.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The government plans to announce a real estate tax reform bill this month aimed at getting people to pay taxes commensurate to the respective value of their real estate holdings, the Ministry of Finance and Economy said Monday.The ministry also plans to ...
Uri Party Struggles to Pass Bills With Assembly Disrupted.
Nov 01, 2004 ... By Lee Chi-dong SEOUL, Nov. 1 (Yonhap) -- South Korea's ruling Uri Party is struggling against the clock in its reform drive with the operations of the National Assembly held up, observers said Monday. The party has vowed to pass four major bills by the end of this year, ...
KOSPI Rises for 3rd Day; Kookmin Bank Leads Gains.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korean stocks finished higher Monday, led by Kookmin Bank, but market participants were wary of trading ahead of Tuesday's U.S. presidential election, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 2.47 points, or 0.09 ...
(LEAD) Three North Korean Boats Violate Western Sea Border.
Nov 01, 2004 ... (ATTN: ADDS comment from JCS official in 4th para; background in paras 7-9)SEOUL, Nov. 1 (Yonhap) -- Three North Korean navy patrol boats briefly violated the western sea border with South Korea on Monday, the office of the Joint Chiefs of Staff (JCS) said.JCS officials said the ...
(LEAD) Foreign Ministry to Open 24-Hour Call Center.
Nov 01, 2004 ... (ATTN: UPDATES with ministry's new announcement on how to reach call center in paras 2-4)SEOUL, Nov. 1 (Yonhap) -- The Foreign Ministry said Monday it will open a call center later this month to respond around the clock to requests for emergency help from its nationals overseas....
Korean-American Golfer Survives Trial by Media in Jeju.
Nov 01, 2004 ... By Eoghan SweeneySEOUL, Nov. 1 (Yonhap) -- While most of the players at the weekend's LPGA CJ Nine Bridges Classic were able to concentrate on the challenges posed by the course on the southern resort island of Jeju, Korean-American Christina Kim faced a separate ordeal. The ...
Three N. Korean Boats Violate Western Sea Border Monday.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Three North Korean navy patrol boats briefly violated the western sea border with South Korea on Monday, the office of the Joint Chiefs of Staff (JCS) said.JCS officials said the two vessels crossed the northern limit line (NLL), the de-facto maritime ...
(LEAD) Local Liquor Bekseju Proven to Help Fight Cancer: Company Head.
Nov 01, 2004 ... (ATTN: UPDATES with the company's failure to give details on anticancer effects in 7th para) SEOUL, Nov. 1 (Yonhap) -- Kook Soon Dang Brewery Co., which specializes in traditional Korean wines, claimed Monday that its product Bekseju has been scientifically proven to help reduce ...
South Korean Auto Sales Fall 12 Percent in October.
Nov 01, 2004 ... By Lim Bo-miSEOUL, Nov. 1 (Yonhap) -- South Korean auto sales in October saw a slight improvement from the previous month, but fell far short of sales a year earlier, clouding the prospects for an immediate rebound, local automakers' sales reports showed Monday. The total ...
(LEAD) GM Daewoo's October Sales Up 10 Percent.
Nov 01, 2004 ... (ATTN: UPDATES accumulated figure at end)SEOUL, Nov. 1 (Yonhap) -- GM Daewoo Auto & Technology Co., South Korea's third-largest automaker, said Monday its October sales rose 10.1 percent to 80,100 units from a year ago on increased exports. The automaker, controlled by U.S ....
Operating Rate Of Smaller Firms in 60 Pct Range for 20 Months.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The average operating rate of South Korea's small- and mid-sized companies remained at the 60-percent level for the 20th month in a row in September, according to a survey released Monday by a business body. The survey, conducted by the Korea Federation of ...
LG Telecom Gains Cell Phone Market Share From Rivals in Oct.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- LG Telecom Ltd., the smallest of South Korea's three mobile phone operators, gained market share from larger rivals SK Telecom Co. and KTF Co. in October because its mobile-banking services helped it attract more new subscribers, the companies said Monday. ...
Local Liquor 'Bekseju' Proven to Help Fight Cancer: Company Head.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Kook Soon Dang Brewery Co., which specializes in traditional Korean wines, claimed Monday that its product "Bekseju" has been scientifically proven to help reduce cancer cells.In a recent study conducted by the company and a team from Yonsei University, ...
Foreign Land Ownership Growth Slows Down: Ministry.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The growth rate of foreign ownership of South Korean land has faltered from increased prices and economic depression, the Ministry of Construction and Transportation said Monday.Real estate owned by foreigners totaled 155.04 million square meters worth 22.96 ...
GM Daewoo's October Sales Up 10 Percent.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- GM Daewoo Auto & Technology Co., South Korea's third-largest automaker, said Monday its October sales rose 10.1 percent to 80,100 units from a year ago on increased exports. The ...
City Government on Jeju Island Signs Environmental MOU With U.N. Agency.
Nov 01, 2004 ... JEJU, South Korea, Nov. 1 (Yonhap) -- The city government of Seogwipo on the South Korean resort island of Jeju on Monday signed a cooperation agreement with a U.N. office for the environment to help develop the city into an environmentally friendly one, city officials said. The ...
Uri Party's Centrist Lawmakers Seek Bigger Political Roles.
Nov 01, 2004 ... By Lee Chi-dongSEOUL, Nov. 1 (Yonhap) -- A group of relatively centrist or moderate lawmakers from the ruling Uri Party set up an internal political bloc Monday in an effort, they said, to balance the party's policy line.The 28-member group, led by Rep. Yoo Jay-kun, stresses the ...
Theater Operator CJ CGV Gets Preliminary Approval for KSE Listing.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- CJ CGV Co., South Korea's leading multiplex theater chain operator, received preliminary approval to be listed on the main Korea Stock Exchange, the operator of the bourse said Monday.CJ CGV is expected to go public around the end of the year after ...
Hyundai Motor's Sales Climb 6.8 Percent Annually in October.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker, said Monday its October sales rose 6.8 percent to 211,500 units from a year ago on increased exports.The automaker said its exports rose 12.6 ...
Industrial Complex Use Up Slightly in September.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The average operating rate of 30 state-run industrial complexes edged up 1.8 percentage points from a month earlier to 84 percent in September, the Ministry of Commerce, Industry and Energy said Monday.The ministry and the Korea Industrial Complex Corp. said ...
Kia Motors' October Sales Up 10.6 Percent.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Monday its October sales rose 10.6 percent from a year ago to 102,400 units thanks to strong exports. The automaker said overseas shipments rose ...
KOSPI Rises for 3rd Day as Samsung Electronics, Hyundai Motor Fall.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korean stocks remained in positive terrain Monday afternoon following a modest start with SK Telecom and Kookmin Bank leading the gains.The benchmark Korea Composite Stock Price Index (KOSPI) edged up 0.25 point, or 0.02 percent to 834.89, with the ...
Renault Samsung's October Sales Drop 16 Percent.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Renault Samsung Motors Co., South Korea's smallest automaker, said Monday its October sales dropped 16 percent to 6,726 units from a year ago. The automaker, controlled by Renault of France, said its ...
Yonhap News Summary The following is the first summary of major stories moved by the Yonhap News Agency on Monday November 1, 2004.
Nov 01, 2004 ... ---------------------------- U.S. Military Stops Patrolling Tense Korean Border By Kim Hyung-jinSEOUL -- Combat-ready U.S. soldiers have stopped patrolling the tense Korean border as part of arrangements to give South Korea a greater role in defending itself against communist North ...
Overseas Orders of S. Korean Builders Near $5 Bil. This Year.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korea's overseas construction orders surged in the first 10 months of 2004, in contrast with a depression in the domestic construction sector, industry sources said Monday. Orders for the January-October period amounted to US$4.99 billion, up ...
Ssangyong Motor's October Sales Down 3 Percent.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Ssangyong Motor Co., South Korea's fourth-largest automaker, said Monday its October sales fell 3 percent to 12,400 units from a year ago on falling domestic sales. The specialist in sports utility vehicles said ...
(2nd LD) S Korea's Consumer Inflation Stabilizes in October: Gov't Report.
Nov 01, 2004 ... (ATTN: RECASTS lead with analysis on consumer price trends; CHANGES headline; ADDS comment by NSO official in 2nd para; UPDATES with more details throughout)SEOUL, Nov. 1 (Yonhap) -- South Korea's consumer inflation showed signs of stabilizing in October after steep gains over the ...
(LEAD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
Nov 01, 2004 ... (ATTN: UPDATES with more details from 4th para with official's, analyst's quotes)SEOUL, Nov. 1 (Yonhap) -- South Korea's trade surplus shrunk in October to US$2.5 billion from $2.8 billion in the previous month on the increased import bill from soaring oil prices, the Commerce ...
(2nd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
Nov 01, 2004 ... (ATTN: CORRECTS export increase rate in 4th para)SEOUL, Nov. 1 (Yonhap) -- South Korea's trade surplus shrunk in October to US$2.5 billion from $2.8 billion in the previous month on the increased import bill from soaring oil prices, the Commerce Ministry said Monday. The ...
Taxes Levied on Vehicles Reach Record High in 2003.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Taxes levied on vehicles operating in South Korea reached a record high in 2003, the Ministry of Finance and Economy said Monday.The country's top economic policymaking body said that on the average people paid about 1.72 million won (US$1,530) per vehicle ...
Seoul Stocks Gain Ground on Institutional Buying.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korean stocks rose Monday morning as institutional investors stepped up buying stocks, with SK Telecom and Kookmin Bank leading the gains.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 0.93 point, or 0.11 percent, to 835.83 as of ...
Foreign Ministry to Open 24-Hour Call Center.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korea's Foreign Ministry said Monday it would open a call center later this month to respond around the clock to requests for emergency help from its nationals overseas. The center, which will begin service on Nov. 15, can be reached by dialing ...
U.S. Military Stops Patrolling Tense Korean Border.
Nov 01, 2004 ... By Kim Hyung-jinSEOUL, Nov. 1 (Yonhap) -- Combat-ready U.S. soldiers have stopped patrolling the tense Korean border as part of arrangements to give South Korea a greater role in defending itself against communist North Korea, the U.S. military said Monday.The action, which ...
Samsung Electronics Sells 23 Million Handsets in U.S. in Jan-Oct.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Samsung Electronics Co., the world's third-largest mobile phone manufacturer, said Monday it sold a total of 23 million handsets in the United States for the first 10 months of this year.With its camera phones enticing U.S. consumers, Samsung ...
Asiana to Open New Cargo Route to Canada.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Asiana Airlines, the smaller of South Korea's two flag air carriers, said Monday it will open a new cargo route linking Incheon with the Canadian city of Calgary. The airline said it will operate the flights three times a week, starting Tuesday, with stops in ...
Yonsei Univ. Student to Participate in NBA Affiliate League Draft.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Bang Sung-yoon, a basketball player at a Seoul university, will take part in the draft of a U.S. National Basketball Association (NBA) affiliate league, his agent said Monday. Bang, a senior at Yonsei University, left for the United States on Saturday at the ...
Korea Interbank Offered Rate (KORIBOR).
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The Korea Interbank Offered Rates(KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. Monday November 1, 2004. TermToday (%) Previous Day (%) 1-W 3.41...
High Fuel Costs Force Airlines to Suspend Routes.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- An increasing number of airlines are suspending less-profitable routes owing to increased fuel costs from high oil prices, the Transportation Ministry said Monday. Korean Air, the larger of South Korea's two national air carriers, has decided to temporarily ...
Former GNP Chairman Lee Hoi-chang to Retun Home.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- The former chairman of the main opposition Grand National Party, Lee Hoi-chang, will arrive here Monday from the United States via Incheon International Airport, his aides said. The former political tycoon's return to the country is drawing keen ...
(2nd LD) KTF 3Q Profit Falls 11.9 Pct on Heavy Marketing Costs.
Nov 01, 2004 ... (ATTN: ADDS more figures, CFO quote from 4th para)SEOUL, Nov. 1 (Yonhap) -- KTF Co., South Korea's second-largest mobile phone operator, said Monday net income for the third-quarter fell 11.9 percent from a year ago as it spent more in marketing in the saturated market. ...
Russian Parliamentary Leaders to Discuss Nuke Issues in Seoul.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- A delegation from the Russian parliament will arrive in South Korea Monday afternoon to discuss ways to resume the stalled negotiations on the North Korean nuclear arms issue, members of the South Korean National Assembly said Monday. Konstantin Kosachev, ...
New Kookmin Head Promises Improved Asset Quality, Productivity.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- Kookmin Bank, the country's No. 1 lender, will bolster efforts to improve asset quality and productivity in its endeavor to maintain its leading status, the new head of the leading lender pledged Monday."The biggest issue at Kookmin is its low asset ...
Int'l Organization Inspects S. Korea's Aviation Security.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- An international governing body for civil aviation began a 10-day inspection Monday of South Korea's safety and security measures at airports and on flights, officials here said. A four-member team from the International Civil Aviation Organization ...
Seoul Rejects Allegations of U.S. Obstruction of Kaesong Project.
Nov 01, 2004 ... SEOUL, Nov. 1 (Yonhap) -- South Korea on Monday dismissed allegations that the United States is trying to interfere with an inter-Korean project for building an industrial zone in the North by restricting the inflow of certain South Korean products into the area. "The U.S. side ...