YON - Yonhap News Agency of Korea back issues from October 2007:
Removing N.K. from U.S. terrorism list requires 45-day process initiated by U.S. president.
Oct 01, 2007 ... WASHINGTON, Sept. 30 (Yonhap) -- The removal of North Korea from the U.S. list of states sponsoring terrorism, one of the terms said to be in the denuclearization agreement to be announced later this week, is a 45-day process that the U.S. president must initiate.North Korea was placed ...
More than a photo op.
Oct 01, 2007 ... (EDITORIAL from the Korea Herald on Oct. 1): President Roh Moo-hyun is to walk across the Military Demarcation Line en route to Pyonyang, an event that is being touted as historic. The second South Korean president to visit Pyongyang will travel by car tomorrow."The walk across the MDL ...
Bush to meet Lee: Elections or not, diplomacy should be supra-partisan.
Oct 01, 2007 ... (EDITORIAL from the Korea Times on Oct. 1): The two major obstacles to opposition presidential candidate Lee Myung-bak's electoral victory are a successful inter-Korean summit and suspected past irregularities. Lee for the most part weathered attacks concerning personal suspicions during ...
Don't swing for the fence.
Oct 01, 2007 ... (EDITORIAL from the JoongAng Daily on Oct. 1): President Roh Moo-hyun will visit Pyongyang for three days starting on Tuesday for a summit meeting with North Korean leader Kim Jong-il. President Roh will cross the military demarcation line on foot en route to the North. Despite the ...
Top headlines in major S. Korean newspapers.
Oct 01, 2007 ... SEOUL, Oct. 1 (Yonhap) -- The following are the top headlines in major Korean newspapers on Oct. 1. Vernacular dailies-- Roh may propose opening representative offices in each other's countries at summit (Kookmin Daily)-- S. Korea to propose peace region in West Sea to ...
S. Korean manufacturing confidence dips on oil price, currency woes.
Oct 01, 2007 ... By Kim Yoo-seungSEOUL, Oct. 1 (Yonhap) -- South Korean manufacturers' confidence in October fell from a month earlier as high oil prices and the local currency's strength against the U.S. dollar dampened the expectations of exporters and large corporations, the central bank said ...
Former unification minister keeps lead in liberal party's primary.
Oct 01, 2007 ... SEOUL, Sept. 30 (Yonhap) -- Former Unification Minister Chung Dong-young won the largest number of votes in the pro-government party's primary election in the country's southeast on Sunday, the party announced, but extremely low turnout showed public indifference toward the race. ...
(News Focus) N. Korea again tests U.S. will to improve ties for denuclearization.
Oct 01, 2007 ... By Byun Duk-kunBEIJING, Sept. 30 (Yonhap) -- Christopher Hill, the chief U.S. envoy in talks on ending North Korea's nuclear ambition, on Sunday took back home what may be a landmark deal on taking Pyongyang off Washington's list of terrorism-sponsoring states, possibly by the end of ...
N.K. nuclear talks enter 2-day recess for review of joint statement.
Oct 01, 2007 ... By Byun Duk-kunBEIJING, Sept. 30 (Yonhap) -- The latest round of six-nation negotiations to denuclearize North Korea went into a recess on Sunday as the top envoys were trying to establish a detailed roadmap for the communist nation to disable its key nuclear facilities before the end ...
Nuclear envoys reach agreement to be released after further consultations.
Oct 01, 2007 ... BEIJING, Sept. 30 (Yonhap) -- Envoys of six countries reached a "common" understanding on ways to disable North Korea's key nuclear facilities by the year's end, but the agreement will only be released later this week after consultations with their governments, a South Korean negotiator ...
Envoys to begin plenary meeting before expected end of latest N.K. nuclear talks: source.
Oct 01, 2007 ... By Byun Duk-kunBEIJING, Sept. 30 (Yonhap) -- Envoys from six nations were to begin Sunday what was likely to be the final meeting of this week's discussions to set up detailed plans for North Korea to disable its nuclear facilities, a diplomatic source in Beijing said. "The meeting ...
KTF lures 2 mln users to its 3G mobile service since March.
Oct 01, 2007 ... SEOUL, Sept. 30 (Yonhap) -- KTF Co., South Korea's second-largest mobile carrier, said Sunday that the number of subscribers to its third-generation (3G) mobile service has more than doubled to 2 million in less than three months.KTF launched the 3G service "Show," based on high-speed ...
N. Koreans in Japan ask U.N. council to protect their human rights.
Oct 01, 2007 ... SEOUL, Sept. 30 (Yonhap) -- An association of pro-North Korean residents in Japan asked the international community to step up efforts to protect the human rights of North Korean citizens living in Japanese territory, a Pyongyang radio station reported Sunday.A delegation of the ...
S. Korea ranked 18th worldwide in turnover of traditional foreign exchange markets.
Oct 01, 2007 ... By Kim Yoo-seungSEOUL, Sept. 30 (Yonhap) -- South Korea's global ranking in terms of the turnover of traditional foreign exchange transactions, including spot transactions, forwards and foreign exchange swaps, fell three notches from three years earlier to 18th this year, the central ...
Roh to walk across inter-Korean border Tuesday on way to N.K. capital: minister.
Oct 01, 2007 ... By Yoo Cheong-moSEOUL, Sept. 30 (Yonhap) -- South Korean President Roh Moo-hyun will walk across the heavily fortified inter-Korean border while traveling to North Korea's capital, Pyongyang, by car Tuesday for a summit with the North's leader Kim Jong-il, Roh's unification minister ...
North Korean venue for Roh's welcome ceremony changed abruptly.
Oct 02, 2007 ... PYONGYANG, Oct. 2 (Yonhap) -- The venue of North Korea's welcome ceremony for South Korean President Roh Moo-hyun and his summit delegates has been changed to the April 25 House of Culture, located on the outskirts of the North's capital, Pyongyang, officials accompanying Roh said Tuesday ....
Roh enters North Korea for peace talks with Kim Jong-il.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun, accompanied by a 300-member delegation for the second inter-Korean summit, entered North Korea early Tuesday morning after crossing the inter-Korean border line by foot.Roh, who has vowed to put a Korean Peninsula peace ...
Monument erected to mark Roh's border-crossing on foot.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korea has set up a monument next to the Military Demarcation Line (MDL), the border line with North Korea, to commemorate President Roh Moo-hyun's brief but historical walk across it on his way to Pyongyang, Roh's office said Tuesday. The 1.1-meter-high ...
STX Shipbuilding gets US$30 mln order from China.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- STX Shipbuilding Co., the world's seventh-largest shipbuilder, said Tuesday it has won a US$30 million order from a Chinese shipping company to build a handy-size bulk carrier.The order placed by Taizhou Maple Leaf Shipbuilding ...
S. Koreans remain calm about inter-Korean summit.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun walked Tuesday into North Korea for a three-day summit with his counterpart Kim Jong-il, leaving behind both well-wishers and protesters at home.According to various opinion polls, a majority of South Koreans ...
Number of S. Korean firms subject to equity ceiling up in October.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korea's antitrust watchdog said Tuesday that more affiliates of conglomerates are subject to limits on mutual investments and loan guarantees in October than in the previous month. The Fair Trade Commission (FTC) said 1,254 affiliates of the ...
S. Korea's current account surplus narrows to US$610.3 mln in August.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korea's current account surplus fell in August from the previous month on increased payments for overseas travel and foreign patent rights, the central bank said Tuesday. The current account surplus amounted to US$610.3 million in August, down from $1.6 ...
Roh crosses inter-Korean border by foot on way to Pyongyang.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun and first lady Kwon Yang-suk, accompanied by the South's 13 official delegates to the inter-Korean summit in North Korea's capital Pyongyang, crossed the inter-Korean border line by foot and entered the communist North early ...
Roh crosses inter-Korean border by foot on way to Pyongyang.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun and first lady Kwon Yang-suk, accompanied by the South's 13 official delegates to the inter-Korean summit in North Korea's capital Pyongyang, crossed the inter-Korean border line by foot and entered the communist North early ...
S. Korea's auto exports to pass US$30 bln in 2007.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korea's auto exports are expected to exceed US$30 billion this year as Hyundai Motor Co. and other carmakers are increasingly winning sales overseas, according to an industry group on Tuesday. South Korean automakers, who have been exporting for close ...
N. Korean media refrain from commenting on forthcoming inter-Korean summit.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- North Korea generally kept silent this week about the second-ever inter-Korean summit before South Korean President Roh Moo-hyun's departure Tuesday on a historic three-day trip to meet North Korean leader Kim Jong-il in Pyongyang.North Korean media, under a ...
Roh leaves for peace talks with N. Korean leader in Pyongyang.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun and first lady Kwon Yang-suk, accompanied by a 300-member entourage, left Tuesday for North Korea's capital, Pyongyang, to hold peace talks with the North's reclusive leader Kim Jong-il.Roh's three-day visit to North Korea ...
Full text of Roh's departure remarks.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- The following is the official English text of South Korean President Roh Moo-hyun's speech to the nation made before his departure to Pyongyang on Tuesday for the second inter-Korean summit. Fellow Koreans,I am going to visit Pyongyang for three ...
China likely to announce joint statement for latest round of N. Korea nuclear talks.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- China was widely expected to release a joint statement Tuesday of six nations in talks over North Korea's nuclear program, amid signs that the countries would approve what their negotiators called a substantive roadmap to disable the North's nuclear facilities ...
Roh vows to hammer out concrete agreement on inter-Korean relations.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun on Tuesday spoke to the nation before heading to Pyongyang for summit talks with North Korean leader Kim Jong-il, pledging to promote inter-Korean peace and economic cooperation."There will be various items on the agenda for ...
Roh to walk across inter-Korean border on way to Pyongyang summit.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korean President Roh Moo-hyun and first lady Kwon Yang-suk, accompanied by a 300-member entourage, were to depart for North Korea's capital, Pyongyang, later Tuesday, where they will begin a three-day visit to the communist North.Roh's talks with North ...
Chung's candidacy.
Oct 02, 2007 ... (EDITORIAL from the Korea Herald on Oct. 2): As primaries for the United New Democratic Party entered their second half after the Gwangju-Jeonnam and Busan-Gyeongnam rounds last weekend, Chung Dong-young is emerging as the most likely presidential candidate for the "New Party," which poses ...
Summit starts - We expect substantial progress in inter-Korean ties.
Oct 02, 2007 ... (EDITORIAL from the Korea Times on Oct. 2): President Roh Moo-hyun will leave for Pyongyang on Tuesday for a three-day summit with North Korean leader Kim Jong-il. The second inter-Korean summit will carry not only symbolic meaning but also open the way for national reconciliation. About ...
Create jobs for the elderly.
Oct 02, 2007 ... (EDITORIAL from the JoongAng Daily on Oct. 2): The Korea National Statistical Office released a report shortly before Oct. 2, Senior Citizens Day. The report warns of a serious problem in our society. As of July 2007, one in 10 Koreans, or 9.9 percent of the entire population, is elderly, ...
Top headlines in major S. Korean newspapers.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- The following are the top headlines in major Korean newspapers on Oct. 2. Vernacular dailies-- Inter-Korean border opens at 9 a.m. today (Kookmin Daily)-- Roh to have in-depth talk on settling peace on peninsula (Kyunghyang Shinmun)-- Roh ...
U.N. chief meets N.K. diplomat to give support for Korean summit.
Oct 02, 2007 ... UNITED NATIONS, Oct. 1 (Yonhap) -- U.N. Secretary General Ban Ki-moon met with the North Korean envoy on Monday and relayed his full support and hopes for a successful Korean summit this week.Ban held talks with Amb. Pak Gil-yon, head of the North Korean mission to the United Nations, ...
S. Korea's foreign reserves rise in September.
Oct 02, 2007 ... SEOUL, Oct. 2 (Yonhap) -- South Korea's foreign exchange reserves increased in September from a month earlier as a weaker U.S. dollar boosted the dollar conversion value of the euro and other foreign currencies, the central bank said Tuesday.As of the end of September, the country's ...
U.S. reaffirms support for Korean summit, says it won't change six-party talks.
Oct 02, 2007 ... WASHINGTON, Oct. 1 (Yonhap) -- The U.S. State Department, reaffirming Washington's support for inter-Korean dialogue Monday, said it does not expect this week's South-North summit to detract from the six-party denuclearization negotiations.South Korean President Roh Moo-hyun visits ...
South Korea ranked 10th largest arms buyer in 2006.
Oct 02, 2007 ... WASHINGTON, Oct. 1 (Yonhap) -- South Korea was the 10th largest weapons buyer in the world in 2006, its arms transfer agreements totaling US$500 million, according to a report released Monday by the U.S. Congressional Research Service.The Asian nation ranked eighth in arms purchases ...
U.S. says six-party draft deal 'worthwhile' for discussions in Washington.
Oct 02, 2007 ... WASHINGTON, Oct. 1 (Yonhap) -- The United States on Monday attached significance to a six-nation tentative agreement on North Korean denuclearization, saying it is "worthwhile" enough for discussions at the parties' respective capitals."I think it's a good sign that you've got this ...
Internet lines of two Koreas to be linked during summit.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South and North Korea will be linked via the Internet during the summit of their leaders from Tuesday to Thursday, South Korea's top communications service provider said on Monday. KT Corp. said that it will reopen for three days the optical ...
Roh to urge N. Korean leader to implement six-nation denuclearization accord.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korea's unification minister said Monday that President Roh Moo-hyun will urge North Korean leader Kim Jong-il to faithfully carry out the latest six-nation agreement on disabling the North's nuclear weapons program during their upcoming summit in Pyongyang ....
South Korea's September auto sales fall combined 16 percent.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean automakers Monday posted a combined 16 percent decline in sales last month, the first monthly fall in seven months.The nation's five carmakers, led by Hyundai Motor Co. and its affiliate Kia Motors Corp., sold a total of 389,259 units at home and ...
South Korean Bond Yields on Oct. 1, 2007.
Oct 02, 2007 ... Today (%) Previous Session(%) Change(%P) 1-year TB 5.41 5.41 -- 3-year TB 5.47 5.46 +0.01 10-year TB 5.61 5.60 ...
Seoul shares end higher on good economic data.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean stocks closed higher Monday as good economic data boosted investor confidence about economic growth, analysts said. The South Korean won rose a 10-year high against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) climbed ...
S. Korean won hits 10-year-high.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- The South Korean won advanced to a 10-year-high against the U.S. dollar Monday as stronger-than-expected industrial output data for August and speculation on further rate cuts by the U.S. Federal Reserve boosted investors' confidence in local assets, dealers said ....
Hyundai E&C signs US$1.36 bln preliminary deal with Libya.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korea's third largest builder Hyundai Engineering & Construction Co. said it has inked a US$1.36 billion preliminary deal with Libya to build two power plants. Hyundai Engineering plans to construct a power plant in an area about 20 kilometers west of ...
Pro-gov't presidential hopefuls bash opposition candidate's planned meeting with Bush.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Pro-government presidential hopefuls Monday lashed out at a planned meeting between opposition candidate Lee Myung-bak and U.S. President George W. Bush later this month in Washington, fearing the unprecedent meeting of its kind will undermine Washington's ...
Ssangyong Motor's September vehicle sales plunge 31.5 percent.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Ssangyong Motor Co., South Korea's second-smallest automaker, said Monday its September sales plummeted 31.5 percent from a year earlier to 9,577 units....
U.N. chief promises to fully support inter-Korean summit.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean President Roh Moo-hyun talked with U.N. Secretary General Ban Ki-moon over the phone Monday, asking the United Nations to fully support the inter-Korean summit scheduled to begin Tuesday in North Korea's capital Pyongyang, presidential spokesman Cheon ...
S. Korea's industrial output grows 11.2 pct in August.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korea's industrial output grew 11.2 percent year-on-year in August as resilient global economic growth continued to spur demand for Korean cars, semiconductors and machinery goods, a government report showed Monday.Industrial production in Asia's ...
Hyundai Heavy Industries wins US$54 mln order from Iran.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Hyundai Heavy Industries Co., the world's biggest shipyard, said Monday it has received US$54 million order from an Iranian state-run oil firm to supply equipment for improving refinery facilities.Under the deal with Iran's state-run National Iranian Oil ...
Woeful turnout overshadowing liberal primaries.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- As the pro-government United New Democratic Party reaches the half-way point of its month-long primary, skepticism is mounting over the party's ability to prevent a conservative landslide in December's presidential election. The party had hoped to turn the tide ...
GM Daewoo's vehicle sales fall 10.5 pct in September.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- GM Daewoo Auto & Technology Co., South Korea's third-largest automaker, said Monday its sales last month fell 10.5 percent from a year earlier to 68,084 ...
Kia Motors reports 0.9 pct fall in September auto sales.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Monday its sales last month fell 0.9 percent on-year to 110,635 units....
Hyundai Motor's auto sales decline 23.5 pct in September.(Financial report)
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Hyundai Motor Co., South Korea's top carmaker, said Monday its September vehicle sales declined 23.5 percent from a year earlier to 188,629 ...
Today in Korean history.
Oct 02, 2007 ... Oct. 2 1966 -- At the request of West Germany, the South Korean government under then President Park Chung-hee dispatches 251 female nurses to the European nation, which had a shortage of workers amid rapid economic growth. 1988 -- The 24th Summer Olympic Games kick ...
Renault Samsung's vehicle sales fall 17.6 percent in September.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Renault Samsung Motor Co., South Korea's smallest automaker, said sales fell 17.6 percent last month from a year earlier.The automaker said ...
S. Korean exports dip 0.4 pct on-year in September.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean exports dropped 0.4 percent from a year earlier to US$29.5 billion in September due largely to the extended "Chuseok" fall harvest holiday, a government report showed Monday.The Ministry of Commerce, Industry and Energy said that despite strong ...
Older population to outnumber youths in 2016: report.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Senior citizens in South Korea are expected to outnumber youths by 2016, a government report showed Monday, adding to spreading concerns about a rapidly aging population and growing financial burden on the working population.The aging index, or the number of ...
Roh vows to prioritize peace arrangement at inter-Korean summit talks.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- President Roh Moo-hyun said Monday that a Korean Peninsula peace arrangement to formally end the 1950-53 Korean War will be the most important agenda item at his summit talks with North Korean leader Kim Jong-il scheduled to begin in Pyongyang Tuesday. ...
Seoul shares trade higher on financial, brokerage gains.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean stocks added to earlier gains late Monday morning as investors snapped up financial and securities shares, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) rose 23.15 points, or 1.19 percent, to 1,969.63 as of 11:20 a.m....
N.K. leader may surprise world again with unexpected moves at summit.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- Known as a gourmet and a cinema buff, with a team of young beauties solely to entertain him, North Korea's reclusive leader is an ever-popular topic of international gossip.As Kim Jong-il hosts South Korean President Roh Moo-hyun during their summit this week ...
Roh heads to Pyongyang Tueday for peace talks with N. Korean leader.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korean President Roh Moo-hyun, accompanied by a 300-member entourage, will Tuesday embark on a three-day visit to North Korea for the second inter-Korean summit amid an upbeat mood on North Korea's nuclear disarmament and a permanent peace mechanism on the ...
S. Korea has high rate of Parkinson's disease: survey.
Oct 02, 2007 ... SEOUL, Oct. 1 (Yonhap) -- South Korea has a higher incidence of Parkinson's disease among the elderly than advanced nations though it has been on a decline over the past four years, a poll showed Monday. Approximately 1,300 out of every 100,000 South Koreans over the age of 60 suffer from ...