YON - Yonhap News Agency of Korea articles from August 2005

YON - Yonhap News Agency of Korea archives from August 2005

Asian, US lawmakers to inspect NK rights situation: NHK.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- An organization of more than 30 parliamentarians from South Korea, Japan, Mongolia, and the United States plans to dispatch an delegation to North Korea to review the human rights situation in the communist state,...

(5th LD) China to introduce third text of "principles" in nuke talks.
August 1, 2005... By Kim Kwang-tae BEIJING, Aug. 1 (Yonhap) -- China is expected to present a third draft text of "principles" overnight to try to make headway in the revived six-nation talks on North Korea's nuclear weapons program, South Korean officials...

(LEAD) Economic polarization widens in 2004: National Assembly.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- A so-called economic polarization, or divergence between the players of an economy, in South Korea deepened last year, according to a report released by the National Assembly Monday. In the report by the National...

Russia willing to build nuclear power plant in N. Korea: Itar-Tass.
August 1, 2005... MOSCOW, Aug. 1 (Yonhap) -- Russian specialists could build a nuclear power plant in North Korea within six to seven years and thus partially solve its energy problems, an official at Russia's Federal Agency for Atomic Energy (Rosatom) told the...

(3rd LD) Two Koreas beat China, Japan in East Asian women cup.
August 1, 2005... By Yang Te-sam JEONJU, South Korea, Aug. 1 (Yonhap) -- Women's football teams of the two Koreas got off to a strong start in the East Asian Football Federation Women's Cup, with the South beating China 2-0 and the North crushing Japan 1-0 at...

(LEAD) football-EAFF Women's Cup-result.
August 1, 2005... JEONJU, South Korea, Aug. 1 (Yonhap) -- Result of North Korea v. Japan in the East Asian Football Federation Women's Cup 2005; North Korea -- 1 (Ri Un-suk 38) Japan -- 0 (THROUGH ASIA PULSE)

President Roh sends condolences over passing of Saudi king.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean President Roh Moo-hyun on Monday sent his condolences over the death of Saudi Arabian monarch Fahd bin Abdel Aziz, the Foreign Ministry said. In a condolence message sent to the late king's successor,...

(LEAD) South Korea beat China 2-0 in East Asia women cup.
August 1, 2005... JEONJU, South Korea, Aug. 1 (Yonhap) -- South Korea's national women's football team beat China 2-0 in an Asian regional cup tournament in Jeonju World Cup Stadium on Monday, breaking a 15-year A-match drought. South Korea's team...

Russian envoy expects nuclear talks to finish this week.
August 1, 2005... MOSCOW, Aug. 1 (Yonhap) -- The ongoing six-party talks on the North Korean nuclear issue are likely to finish at the end of this week, Russia's chief delegate to the meetings said on Monday. In an interview with Russia's official Itar-Tass...

SK Corp. to redeem bonds exchangeable to SK Telecom shares.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- SK Corp., South Korea's largest oil refiner, said Monday it will redeem US$1.22 billion worth of bonds exchangeable to SK Telecom Co. shares as investors demanded cash payment. Investors holding the convertible...

S. Korean cosmetics firm launches online business in Japan.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Able C&C Inc., a South Korean cosmetics firm, said Monday it has launched an Internet retail site in cooperation with a Japanese company. Able C&C and Live-door opened the Missha Japan Website (www.misshajp.com) to...

Suspected al-Qaida member identified as businessman.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- A suspected al-Qaida agent who recently visited South Korea was found as a Pakistani businessman with no links to the international terrorist organization, police said Monday. South Korean police were put on a...

Daewoo Shipbuilding swings to loss in 1st half.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipbuilder, said Monday that it suffered a loss in the first half due to a hike in prices of raw materials such as steels. The shipbuilder...

Bokwang Family Mart to open 3,000th convenience store branch.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Bokwang Family Mart Co., a convenience store operator in South Korea, said Monday that it plans to open its 3,000th FamilyMart store on Tuesday. The shop is located at the entrance of the Seoul Grand Park Zoo in...

(LEAD) S. Korean shares rise for 6th day, hitting a fresh year's high.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean shares gained for the sixth straight day on Monday, with the key stock index hitting a new high for the year due to buying by foreign investors. The South Korean won rose against the dollar on inflows of...

(LEAD) Woori Finance's H1 earnings surge on less provision.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Woori Finance Holdings Co., South Korea's third-largest financial services company, said Monday its first-half net profit more than quadrupled from a year earlier as it set aside less loan-loss reserves and increased...

(LEAD) Carmakers' July sales up 26 pct on brisk exports.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean carmakers saw their sales rise 25.9 percent from a year earlier in July, helped by brisk exports, the country's major auto manufacturers said Monday. Hyundai Motor Co., Kia Motors Corp. and three other...

S. Korean Bond Yields on Monday Aug. 1, 2005.
August 1, 2005... Today (%) Previous Day (%) Change (%P) 1-year TB 3.84 3.79 +0.05 3-year TB 4.35 4.23 +0.12 10-year TB 5.11 5.02 +0.09 2-year MSB 4.25 4.17 +0.08...

Gov't to consider revising recruitment system for public firm CEOs.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The government will revise the system for recruitment of top managers of state-run companies through open competitions, deputy presidential spokesman Choi In-ho said Monday. The revision is expected to be made in a...

Four top Asian women's football teams on collision course.
August 1, 2005... By Yang Te-sam JEONJU, South Korea, Aug. 1 (Yonhap) -- Four Asian powerhouses in women's football are to compete for the trophy of a regional tournament in Jeonju, South Korea, on Monday. Along with the men's East Asian Football...

Think tank warns of dwindling equipment investment.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- If South Korean firms continue the current trend of making conservative investments it could jeopardize their competitiveness in the future, a private think tank warned Monday. Samsung Economic Research Institute...

Samsung wins $1 bln deal to build four LNG carriers.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Samsung Heavy Industries Co., the world's third-biggest shipbuilder, said Monday it has clinched a US$1 billion order from a Canadian shipping company to build four liquefied natural gas (LNG) carriers. Samsung...

'Ambassador' established for Hwang's stem cell research.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The Foreign Ministry plans to designate a diplomat to provide stem cell scientist Hwang Woo-suk with better state support for his research, an official said Monday. Hwang is the best-known scientist in South Korea....

(LEAD) Former agent did not talk about bugging tapes: presidential office.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The presidential office Cheong Wa Dae said Monday that a former agent of the nation's top intelligence agency contacted it last year about slush funds and other alleged misconduct by the previous Kim Dae-jung...

Roh congratulates Jang on winning British Open.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- President Roh Moo-hyun sent a telegram to Jang Jeong on Monday, one day after her victory in the Women's British Open golf tournament at Royal Birkdale in Southport, England. "I congratulate you on winning the Women's...

Hyundai Motor sales rise 11.4 pct in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker, said Monday its sales rose 11.4 percent from a year earlier to 207,995 units in July. The sales, however, were down 10.1 percent from a month earlier. Exports...

(LEAD) LG Insurance boosts Q1 earnings with lower provision.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- LG Insurance Co., South Korea's No.2 non-life insurer, said Monday its net profit surged in the first quarter of fiscal 2005 as it set aside less provisions and saw the operating income from its insurance business...

S. Korean companies less optimistic in August: survey.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean companies were less optimistic about their businesses in August than last month, due to high oil prices and brewing labor disputes, a survey showed Monday. The business survey index (BSI), compiled by...

KTF leads growth in South Korea's mobile market in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The total number of mobile phone users in South Korea, Asia's third-largest market, rose to 37.68 million at the end of July, up from 37.55 million a month earlier, according to figures released Monday by the nation's...

Kia Motors sales jump 47 pct in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Monday that its sales jumped 46.9 percent from a year earlier to 114,406 units last month. However, the July sales were down 4.0 percent from the...

S&P delegation visit Seoul for annual review.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- A delegation from Standard and Poor's (S&P), a global rating agency, will visit Seoul next week for S&P's annual review of Asia's third-largest economy, the country's Finance Ministry said Monday. During the...

S. Korea calls for public help in finding lost children.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korea's government on Monday called for public help in locating the country's missing children. "The distressed reality of heartbroken parents travelling around the country is continuing as many children are lost...

S. Korea's key stock index rises on foreign buying.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korea's main stock index rose in early afternoon trading on Monday on buying by foreign investors. The benchmark Korea Composite Stock Price Index (KOSPI) gained 4.57 points, or 0.41 percent, to 1,115.86 at...

Ssangyong Motor sales jump 51 pct in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Ssangyong Motor Co., controlled by China's Shanghai Automotive Industry Corp., said Monday its sales surged 50.8 percent in July from a year earlier owing to brisk exports. The auto manufacturer sold 13,442 cars last...

GM Daewoo July sales surge 38 pct.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- GM Daewoo Auto & Technology Co., South Korea's third-largest automobile manufacturer, said Monday it sold 91,999 cars in July, up 37.7 percent from a year earlier. It exported 83,592 cars last month, while selling...

Renault Samsung sales drop 11.7 percent in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Renault Samsung Motors Corp., one of South Korea's five automobile producers, said Monday its sales dropped 11.7 percent from a month earlier to 9,151 units in July. Domestic sales declined 7.7 percent to 8,952 units,...

(LEAD) S. Korea's trade surplus reaches US$1.9 bln in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korea's trade surplus reached an preliminary US$1.9 billion in July, down from $2.6 billion in the same month last year, a report by the Ministry of Commerce, Industry and Energy said Monday. Customs-cleared...

(LEAD) GNP head calls Roh's proposal for coalition unconstitutional.
August 1, 2005... By Byun Duk-kun SEOUL, Aug. 1 (Yonhap) -- The chairwoman of South Korea's main opposition Grand National Party (GNP) dismissed the president's recent proposal of a coalition government Monday, saying the offer is not only ridiculous but also...

Daewoo Shipbuilding to build five LNG tankers for Qatari firm.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipbuilder, said Monday it has received an order to build five large liquefied natural gas (LNG) tankers valued at US$1.20 billion from a Qatari...

Samsung Electronics unveils new handset with Japanese roaming.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Samsung Electronics Co., the world's third-largest mobile phone maker, said Monday it will begin selling a new high-speed handset designed to automatically work on cell-phone networks in South Korea and Japan. The...

Korea Interbank Offered Rate (KORIBOR).
August 1, 2005... SEOUL, Aug. 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 August 1, 2005. Term Today (%) Previous Day (%)...

Chinese electronics giant to sell notebook computers in S. Korea.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- China's largest home appliance maker, Haier Group Co., plans to sell its notebook computers in South Korea from September to boost its presence in the local electronics market, industry sources said Monday. The...

SK Telecom to begin international cell-phone roaming in Vietnam.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- SK Telecom Co., South Korea's top mobile phone operator, said Monday it will start an international roaming service Tuesday allowing its mobile phone subscribers to share cell-phone networks in 29 Vietnamese cities. ...

10 companies have more than 10 tln won in market capitalization.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The number of South Korea's listed companies with market capitalization of 10 trillion won (US$9.73 billion) or more came to 10 this year from one in 1994, stock market sources said Monday. Korea Electric Power...

Fitch upgrades Citibank Korea's individual rating to 'B/C'.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- Global credit appraiser Fitch Ratings on Monday upgraded Citibank Korea Inc.'s ("CBK") individual rating to "B/C" from "C," citing its improved capital position and robust operating performance. Fitch also...

Top Army officer visits Thailand for regional conference.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korea's top Army officer was in Thailand on Monday to take part in a regional military conference, officials said. Army Chief of Staff Gen. Kim Jang-soo left South Korea on Sunday to attend a biennial forum,...

US military generals visit S. Korea.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- A group of US military generals were in South Korea on Monday as part of a program to facilitate their clearer understanding of the Asian country, the office of the Joint Chiefs of Staff (JCS) said. The 23-member...

Seoul stocks fall on oil price rise.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korea's stock market fell slightly in early trading on Monday, after a crude oil prices rose. The benchmark Korea Composite Stock Price Index (KOSPI) declined 1.58 points, or 0.14 percent, to 1,109.74 in the...

Gov't to introduce agricultural product tracking system in 2006.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The government said Monday it plans to introduce a tracking system for agricultural goods next year that will monitor all produce from production through distribution to give consumers a better picture of the food they...

(LEAD) S. Korean inflation remains tamed despite oil price hike.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean consumer prices increased in July at the fastest pace in four months, mainly due to a rise in oil costs and prices of agricultural products, a government report said Monday. However, inflation in...

EDITORIAL from the JoongAng Daily on Monday August 1, 2005.
August 1, 2005... The talks' steady progress The fourth round of the six-party talks on North Korea's nuclear programs has been underway for a week now. So far, no great strides have been made, but we feel there has been steady progress. The third round...

EDITORIAL from the Hankyoreh on Monday August 1, 2005.
August 1, 2005... Problematic GNP newspaper law proposal Both the ruling and opposition parties voted to approve the revisions to the newspaper law and the press arbitration law, but a day before they are to take effect the main opposition Grand National...

EDITORIAL from the Korea Times on Aug. 1.
August 1, 2005... X-Files disclosure inevitable The confiscation of 274 audiotapes allegedly containing sensitive conversations of "all people at the top of power with the exception of the president" illegally wiretapped by secret agents around the 1997...

S. Korean consumer prices rise 0.4 pct in July.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- South Korean consumer price increased in July at the fastest pace in four months mainly due to a rise in oil costs and prices of agricultural products, a government report said Monday. The consumer price index...

Top headlines in major South Korean newspapers.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The following are the top headlines in major Korean newspapers on Monday August 1, 2005. Vernacular dailies -- 'More tapes of eavesdropped conversations likely exist' (Kyunghyang Shinmun) -- South, North Korea...

(LEAD) Jang wins Women's British Open for first title.
August 1, 2005... ROYAL BIRKDALE, England, July 31 (Yonhap) -- Jang Jeong of South Korea beat Sophie Gustafson of Sweden by four shots to win golf's Women's British Open, her first title on the Ladies PGA Tour. At the final round at Royal Birkdale in Southport,...

(LEAD) Hill indicates some headway in six-nation nuclear talks.
August 1, 2005... By Kim Kwang-tae BEIJING, Aug. 1 (Yonhap) -- The six-nation disarmament talks entered a second week on Monday, with the top US envoy indicating that some progress has been made in efforts to get North Korea to renounce its nuclear ambitions....

Release of S. Korea's new anti-impotence drug likely to be delayed.
August 1, 2005... SEOUL, Aug. 1 (Yonhap) -- The release of a new anti-impotence drug by South Korea's largest drug company is likely to be delayed as the nation's food and drug watchdog plans to further examine whether the product contains cancer-causing...

Indian PM voices hope to visit S. Korea before 2007.
August 2, 2005... NEW DELHI, Aug. 2 (Yonhap) -- India's Prime Minister Manmohan Singh said Tuesday he hopes to visit South Korea before 2007, government officials here said. He made the remark in a meeting with visiting South Korean Foreign Minister Ban...

(3rd LD) NK envoy: Despite long meeting, disagreements remain.
August 2, 2005... By Kim Kwang-tae BEIJING, Aug. 2 (Yonhap) -- After another day of hard bargaining, the chief North Korean envoy said Tuesday that there still remains significant disagreement over how to resolve the ongoing tension over his country's nuclear...

Researchers develop spray-on skin regeneration treatment.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- A South Korean research team said Tuesday it has developed a spray-on skin regeneration treatment that offers effective treatment for patients suffering from severe burns and radiation exposure. Researchers at the...

N. Korean women's football team trains despite downpour.
August 2, 2005... By Yang Te-sam JEONJU, South Korea, Aug. 2 (Yonhap) -- Visiting North Korean national women's football team trained through a summer downpour Tuesday, with their coach claiming their efforts will be reflected in upcoming games. "Well, we...

(LEAD) GE unit to become Hyundai Card's biggest shareholder.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- The consumer finance unit of US-based General Electric Co. plans to become the single largest shareholder of Hyundai Card Co. by buying stakes from Hyundai Motor Co. and other Hyundai Motor Group affiliates, the...

Six-party talks may end Wednesday: Russian report.
August 2, 2005... MOSCOW, Aug. 2 (Yonhap) -- The six-party talks on North Korea's nuclear weapons program now under way in Beijing are expected to finish on Wednesday, Russia's Interfax News Agency reported Tuesday, quoting a North Korean source in the Chinese...

(2nd LD) Parties escalate conflict over 'X-file' tape; prosecution's probe widens.
August 2, 2005... By Byun Duk-kun SEOUL, Aug. 2 (Yonhap) -- South Korea's ruling and opposition parties continued their confrontation Tuesday over how to investigate a recent corruption scandal sparked by news reports of an illegally wiretapped conversation...

Civic group takes out ads in Japan against whitewashed textbook.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- A Seoul-based civic group said Tuesday that it took out four ads in Japanese dailies calling on educators not to adopt whitewashed history textbooks at their schools. The Asian Peace and History Education Network...

KT delays trial of inter-Korean video reunion system by one day.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- KT Corp. said Tuesday it will postpone by a day the trial operation of fiber-optic cable lines laid between Seoul and Pyongyang, citing technical reasons. The inter-Korean fiber-optic lines have been installed to...

GS Caltex to raise gasoline price by 11 won per liter.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- GS Caltex Oil Corp., South Korea's second-largest oil refiner, said Tuesday it will raise its after-tax wholesale price of gasoline by 11 won to 1,403 won (US$1.37) per liter from Wednesday. GS Caltex will also...

(2nd LD) Losses from Asiana strike snowball over peak holiday season.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Asiana Airlines said Tuesday that losses from the ongoing strike by its unionized pilots will reach 91 billion won (US$88.5 million) this week alone should the walkout continue in this peak holiday season. The...

(LEAD) Koreas meet again to discuss plan for Aug. 15 joint celebrations.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Government representatives from South and North Korea held a second round of meetings in the North's border city of Kaesong on Tuesday to flesh out details for joint celebration of this year's Aug. 15 Liberation Day....

Roh returns to Cheong Wa Dae after 4-day vacation at Yongpyeong.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- South Korean President Roh Moo-hyun returned to Cheong Wa Dae Tuesday after spending four days at the eastern mountain resort town of Yongpyeong in Gangwon Province, Roh's deputy spokesman Choi In-ho said. Roh...

S. Korea refutes Japanese newspaper ad over Yasukuni Shrine.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- South Korea on Tuesday refuted a Japanese newspaper advertisement that it was among countries whose diplomats had paid their respects at a shrine that honors Japan's war dead, including class-A criminals. On Monday,...

S. Korean exports to rise 1.2 pct for every 1 pct gain in yuan.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- South Korea's exports are expected to rise 1.2 percent on an annual basis for each 1 percent revaluation of the Chinese yuan, a local economic institute said Tuesday. Using a vector autoregression model (VAR)...

Talks produce no progress but negotiation will continue: N. Korean envoy.
August 2, 2005... BEIJING, Aug. 2 (Yonhap) -- North Korea's chief negotiator Kim Kye-gwan said Tuesday that the marathon talks on his country's nuclear weapons program did not make progress. "The negotiation time was lengthy but there was no progress. We...

(LEAD) Prime minister to make condolence visit to Saudi Arabia.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Prime Minister Lee Hae-chan will leave for Saudi Arabia Wednesday to pay condolences on behalf of the South Korean government following the death of King Fahd bin Abdul Aziz, the prime minister's office said Tuesday....

Dongkuk Steel posts 35 pct fall in Q2 earnings.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Dongkuk Steel Mill Co., South Korea's third-largest steelmaker, said Tuesday its second-quarter net profit fell 35 percent from a year earlier to 82.4 billion won (US$80.75 million) due to a fall in product prices. ...

Song Ha-zoong named chief coordinator of presidential projects.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- President Roh Moo-hyun on Tuesday appointed Kyunghee University professor Song Hah-zoong chairman of the presidential commission on policy planning in charge of coordinating projects of various presidential committees,...

DHL Korea set to build new logistics center.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- DHL Korea Ltd., the South Korean affiliate of the global courier giant DHL, said Tuesday that it plans to establish a new logistics center in the city of Daejeon, about 160 kilometers south of Seoul. The company...

(LEAD) Seoul shares rise to fresh year's high on foreign buying.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- South Korean stocks closed stronger for a seventh consecutive session Tuesday on strong foreign buying, with the key index hitting a new high of the year. The benchmark Korea Composite Stock Price Index (KOSPI)...

S. Korean Bond Yields on Aug. 2, 2005.
August 2, 2005... Today (%) Previous Day (%) Change (%P) 1-year TB 3.84 3.86 -0.02 3-year TB 4.36 4.41 -0.05 10-year TB 5.11 5.17 -0.06 2-year MSB 4.26 4.31 -0.05 3-year CB (AA-) 4.76 4.81 -0.05 91-Day CD 3.50 ...

LG Electronics, Kodak sign contract on organic LED technologies.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- LG Electronics Inc., South Korea's second-largest consumer electronics maker, has signed a contract allowing it to use Eastman Kodak Co.'s patented technologies on organic light-emitting diode (LED) panels for portable...

(News Focus) N. Korean soccer makes significant generational change.
August 2, 2005... By Yang Te-sam JEONJU, South Korea, Aug. 2 (Yonhap) -- Female footballers from the world's most reclusive country, North Korea, have made a strong impression on soccer fans by beating powerhouse Japan 1-0 in a match of the East Asia soccer...

Samsung Securities swings to black in first quarter.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Samsung Securities Co., a leading South Korean brokerage house, said Tuesday it swung to the black in the first quarter of fiscal 2005. In the three months ended June 30, net profit came to 21.59 billion won...

Daelim chairman promotes son to vice presidency.
August 2, 2005... SEOUL, Aug. 2 (Yonhap) -- Daelim Group, South Korea's 27th-largest conglomerate, has promoted the chairman's eldest son to new vice president for petrochemical operations at its flagship Daelim Industrial Co., group officials said Tuesday. ...