YON - Yonhap News Agency of Korea articles from June 2006

YON - Yonhap News Agency of Korea archives from June 2006

Seoul shares open lower on foreign, institutional selling.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korean stocks kicked off trading in negative territory Thursday as foreign and institutional investors dumped shares. The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.91 points, or 0.60 percent,...

Manufacturers' business sentiment down for second month for June.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Business confidence among South Korean manufacturers fell for a second month for June, with the majority still holding a pessimistic view of South Korea's future business prospects, the nation's central bank said...

KEDO official calls for compensation from N. K. for reactor project.
June 1, 2006... NEW YORK, May 31 (Yonhap) -- An international consortium which on Wednesday announced termination of its nuclear reactor project in North Korea said it will seek compensation from Pyongyang. "We've invested so much in North Korea," Park...

Looted historical record returns home to Korea at last.
June 1, 2006... (EDITORIAL from Chosun Ilbo on June 1) Seoul National University on Tuesday disclosed that 47 books of the Annals of the Chosun/Choson Dynasty looted during Japanese colonial rule will be returned by Tokyo University in mid-July. The annals...

Irresponsible nuclear talk.
June 1, 2006... (EDITORIAL from JoongAng Daily on June 1)At a meeting with members of the Korean Veterans Association, President Roh Moo-hyun allegedly defended North Korea's nuclear weapons development program. The Blue House said the president did not...

Realignment of political parties to follow.
June 1, 2006... (EDITORIAL from Korea Times on June 1)As was widely expected, the opposition Grand National Party (GNP) marked a landslide victory in the just ended local elections. Of the 3,867 posts as heads of local governments and on councils up for grabs,...

Top headlines in major South Korean newspapers.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The following are the top headlines in major Korean newspapers on June 1. Vernacular dailies -- 'Popular sentiment turns away from Roh administration' (Kyunghyang Shinmun) -- Uri Party falls into chaos after...

Termination of N. Korean reactor project adds complication in nuclear talks.
June 1, 2006... SEOUL, June 1 (Yonhap) -- An international energy consortium on Thursday officially terminated its already defunct project to build two light-water reactors in North Korea, raising concern of further difficulties in international negotiations...

Chronology of major events related to KEDO project.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The following is a chronology of major events related to the construction work on two nuclear reactors in North Korea, a project implemented by the Korean Peninsula Energy Development Organization (KEDO). March 1993...

KEDO terminates nuclear reactor project in N. Korea amid nuclear standoff.
June 1, 2006... SEOUL, June 1 (Yonhap) -- An international energy consortium for North Korea has decided to officially scrap its defunct project to build two light-water reactors in the communist state, South Korea's Unification Ministry said Thursday. The...

Main opposition party sweeps local elections.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The main opposition Grand National Party (GNP) was headed for an unprecedented landslide victory in Wednesday's local elections for governors, mayors and councilors, with its candidates leading in 12 of 16 key...

U. N. experts press Pyongyang to suspend scheduled execution.
June 1, 2006... WASHINGTON, May 31 (Yonhap) -- A group of U. N. human rights experts pressed North Korea on Wednesday to suspend the execution of a man accused of treason, saying he was tortured and sentenced to death without a trial. The four special...

Election defeat to shake liberal-leaning Roh administration, ruling party.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The ruling Uri Party's crushing defeat in Wednesday's local elections is a major setback for the government of President Roh Moo-hyun, which has pushed for reconciliation with North Korea, greater equality in ties with...

Election defeat to shake liberal-leaning Roh administration, ruling party.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The ruling Uri Party's crushing defeat in Wednesday's local elections is a major setback for the government of President Roh Moo-hyun, which has pushed for reconciliation with North Korea, greater equality in ties with...

Ruling party shocked by GNP's landslide in local elections.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's ruling party registered shock Wednesday as an ongoing ballot count showed an overwhelming landslide victory for the main opposition party in the race to fill 3,800 seats for local government officials and...

Main opposition party set to sweep South Korea's local elections.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The main opposition Grand National Party (GNP) is headed for an unprecedented landslide victory in Wednesday's local elections for governors, mayors and councilors, with its candidates leading the ballot in six of the...

Voter turnout in S. Korea's local elections tallied at 51.3 percent.
June 1, 2006... SEOUL, May 31 (Yonhap) -- Voter turnout for South Korea's local elections Wednesday was estimated at 51.3 percent as of 6:00 p. M., the National Election Commission (NEC) said. The figure was 2.4 percentage points higher than in previous...

S. Korea to continue World Cup tune-up with match against Norway.
June 1, 2006... GLASGOW, Scotland, May 31 (Yonhap) -- South Korea's national football squad will have a friendly match against Norway on Thursday, with less than two weeks remaining until their opening game of the 2006 World Cup in Germany. Norway, known...

Exit polls forecast landslide victory for main opposition party.
June 1, 2006... SEOUL, May 31 (Yonhap) -- South Korea's main opposition Grand National Party was expected to win a landslide victory in Wednesday's elections to elect over 3,800 local government officials and councilors, including heads of 16 provincial and...

Main opposition party takes landslide victory in local elections: exit polls.
June 1, 2006... SEOUL, May 31 (Yonhap) -- South Korea's main opposition Grand National Party was expected to win a landslide victory in Wednesday's elections to elect over 3,800 officials and members of local governments and assemblies, including 16 heads of...

Hyundai Motor's auto sales gain 14.3 percent in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Thursday its auto sales in May rose 14.3 percent from a year earlier to 228,712 units. Domestic sales fell 1.8 percent from a year ago to 45,000 units, but...

Yonhap News Summary.
June 1, 2006... The following is the first summary of major stories moved by Yonhap News Agency on Thursday June 1, 2006. ------------------- (LEAD) Main opposition party sweeps local elections SEOUL -- The main opposition Grand National Party...

(LEAD) S. Korean consumer price gains accelerate in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Consumer prices in South Korea increased at a faster-than-expected pace in May, as a rise in prices of industrial goods offset a decline in those of agricultural products, a government report showed Thursday. ...

(LEAD) S. Korea's service output rises 6 pct in April.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's service sector output increased for a 14th consecutive month in April amid concerns about the sustainability of the economic recovery, a government report showed Thursday. Output in the service sector...

(LEAD) Daewoo Shipbuilding wins US$690 mln order for three LNG carriers.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., the world's No. 2 shipyard, said Thursday it has won a US$690 million order to build three liquefied natural gas (LNG) carriers for a company in Qatar. The ships will be...

Ssangyong Motor's auto sales jump 61 percent in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Ssangyong Motor Co., South Korea's second-smallest automaker, said Thursday its auto sales in May jumped 61.1 percent from a year earlier to 10,908 units. Domestic sales soared 179.2 percent from a year ago to 6,207...

(LEAD) GM Daewoo's auto sales rise 27.9 percent in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- GM Daewoo Auto & Technology Co., South Korea's third-largest automaker, said Thursday its sales in May rose 27.9 percent from last year to 131,986 units. However, domestic sales fell 1.8 percent from a year earlier...

S. Korea to spend 1.13 trillion won to develop Pyeongtaek.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The South Korean government Thursday approved plans to spend 1.13 trillion won (US$1.1 billion) on developing Pyeongtaek south of Seoul, the host of expanded U.S. military facilities, according to government officials....

(2nd LD) S. Korean exports surge 21.1 pct in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korean exports reached a record high in May as local exporters sold more auto parts, liquid crystal display screens and chips in overseas markets despite concerns that a firmer won versus the U.S. dollar may sap...

Renault Samsung's auto sales rise 28.5 percent in May.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Renault Samsung Motors Corp., South Korea's smallest automaker, said Thursday its auto sales in May rose 28.5 percent from a year earlier to 12,434 units. Domestic sales gained 2.1 percent from a year ago to 9,509...

Seoul shares fall on foreign selling.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korean stocks remained weak Thursday afternoon as foreign investors sold shares. The benchmark Korea Composite Stock Price Index (KOSPI) lost 10.62 points, or 0.81 percent, to 1,307.08 as of 1:20 p.m. The...

S. Korea's household credit grows at slower pace in Q1.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's household credit grew at a slower pace in the first quarter than the previous quarter as household loans such as mortgages posted weaker growth, the nation's central bank said Thursday. According to...

(LEAD) Uri Party leader quits following shocking local election defeat.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's ruling party leader Chung Dong-young resigned on Thursday, taking responsibility for the party's crushing defeat in local elections that the major opposition party won by a landslide. "I accept the...

S. Korean economy will not face drastic slowdown, official says.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's economy is still on a recovery track, and there is no possibility that its growth pace will slow sharply, the country's vice finance minister said Thursday. "There are forecasts that economic growth will...

Termination of light-water project in N. Korea expected to take up to one year.
June 1, 2006... SEOUL, June 1 (Yonhap) -- Wednesdays multilateral decision to terminate a moribund project to build two light-water reactors in North Korea came as no surprise, officials and experts said. The doom of the cash-consuming business by the...

KAMCO eyes 1 tln sales, global asset manager status by 2010.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's state asset manager Korea Asset Management Corp. (KAMCO) said Thursday it plans to increase its sales to 1 trillion won (US$1.1 billion) by 2010 and transform itself into a global asset manager. "The...

S. Korean business sentiment index falls below 100 for 1st time in 10 months.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's business sentiment index for June fell below a benchmark level for the first time in 10 months on widespread concerns about higher oil prices and a stronger won, a survey released Thursday showed. The...

Uri Party leader quits following shocking local election defeat.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korea's ruling party leader Chung Dong-young resigned on Thursday, taking responsibility for the party's crushing defeat in local elections that the major opposition party won by a landslide. "I accept the...

NORTH KOREA THIS WEEK NO. 399 (Thursday June 1, 2006).
June 1, 2006... *** CHRONOLOGICAL REVIEW SEOUL (Yonhap) -- The following is a chronological review of major developments related to North Korea from May 25 to May 31, 2006. May 25 The (North) Korean Central News Agency (KCNA) says an agreement on...

NORTH KOREA THIS WEEK NO. 399 (Thursday June 1, 2006).
June 1, 2006... *** PYONGYANG'S RHETORIC Telephone Message Sent by Kwon Ho-ung, Head of the North's Delegation of the Inter-Korean Ministerial Talks, to the South's Counterpart Unification Minister Lee Jong-seok (KCNA, May 26, 2006) We sent notice...

NORTH KOREA THIS WEEK NO. 399 (Thursday June 1, 2006).
June 1, 2006... *** INTER-KOREAN RELATIONS Former President Kim Dae-jung to visit N. Korea from June 27 SEOUL (Yonhap) -- Former South Korean President Kim Dae-jung will make a four-day visit to North Korea from June 27, the two Koreas agreed at a meeting...

Today in Korean History: June 2.
June 1, 2006... 1592 -- Joseon Dynasty Admiral Yi Sun-shin and his combined fleet destroy 20 Japanese ships off the southeastern region of Dangpo. Yi's naval victory was partly thanks to his "Turtle Boats," constructed in the previous year to effectively...

NORTH KOREA THIS WEEK NO.399 (Thursday June 1, 2006).
June 1, 2006... *** NEWS IN BRIEF Kim Jong-il makes inspection tour of army units SEOUL (Yonhap) -- In a bid to strengthen the Songun (military-first) policy, North Korean leader Kim Jong-il recently made an inspection tour of several units of his...

NORTH KOREA THIS WEEK NO. 399 (Thursday June 1, 2006).
June 1, 2006... *** TOPIC OF THE WEEK N. Korea Claims S. Korea Responsible for Canceled Railway Tests SEOUL (Yonhap) -- Pyongyang's abrupt cancellation last week of the scheduled test run of cross-border railways cast clouds over the future of...

The Korea Interbank Offered Rates(KORIBOR).
June 1, 2006... SEOUL, June 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. Thursday. Term Today (%) Previous Day (%) 1-W 3.92 3.92 2-W...

President Roh accepts election results as people's will.
June 1, 2006... SEOUL, June 1 (Yonhap) -- South Korean President Roh Moo-hyun said Thursday he accepts the crushing defeat of the ruling party in local elections, according to his office. "The government will continue to steadfastly carry out the policy and...

S. Korea allows import of Chilean oranges.
June 1, 2006... SEOUL, June 1 (Yonhap) -- The South Korean government said Thursday it has opened the way for the import of Chinean oranges. The move brings to six the number of nations allowed to export oranges to South Korea after the United States,...

(LEAD) Prospects dim for upcoming S. Korea-U.S. FTA talks.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea and the United States will kick off the first round of formal talks on an ambitious free trade agreement (FTA) next week despite little hope for major headway, with Seoul already grappling with the...

Seoul shares little changed after choppy session.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korean stocks traded slightly higher late Friday morning after a choppy session as investors got mixed signals from U.S. and Japanese bourses, analysts said. The benchmark Korea Composite Stock Price Index...

S. Korea's IT exports grows 8.6 pct in May despite harsh business conditions.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea's exports of information technology (IT) goods grew 8.6 percent in May from a year earlier despite high oil prices and the won's strength against the U.S. dollar, a report showed Friday. According to the...

Minor opposition party head resigns following local election defeat.
June 2, 2006... SEOUL, June 2 (Yonhap) -- The leader of a South Korean minor opposition party on Friday offered to resign to take responsibility for worse-than-expected performance in Wednesday's local elections. People First Party (PFP) co-chairman Sim...

S. Korea, Germany ink agreement on World Cup security cooperation.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea and Germany signed an agreement Friday aimed at bolstering security cooperation during World Cup finals set to start next week in Germany. The agreement was signed between Lee Taek-soon, chief of South...

The Korea Interbank Offered Rates(KORIBOR).
June 2, 2006... SEOUL, June 2 (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. Friday. Term Today (%) Previous Day (%) 1-W 3.92 3.92 2-W...

OPEC president to visit S. Korea, discuss int'l oil price trends.
June 2, 2006... SEOUL, June 2 (Yonhap) -- The head of the Organization of Petroleum Exporting Countries (OPEC) will visit South Korea over the weekend to discuss international oil price trends, the government said Friday. Edmund Daukoru will arrive on...

(2nd LD) S. Korea's central bank revises down Q1 growth rate.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea's central bank on Friday revised downward the country's first-quarter growth rate, citing increasing imports in the service sector, including transportation. The nation's gross domestic product (GDP) grew a...

Festival to show prehistoric whaling in Ulsan, "City of whales".
June 2, 2006... By Kim Tae-shik SEOUL, June 2 (Yonhap) -- The 12th Whale Festival opens next week at the riverside area of Taehwa River and Jangsaengpo Marine Park in Ulsan, a port city on South Korea's southeast coast, offering various festivities and...

New biz investment rule to be made by end of 2007: FTC head.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea's antitrust watchdog will draw up an alternative to its current rules on equity investments by the country's top conglomerates by the second half of 2007, the body's chief said Friday. "A review task...

(Yonhap Feature) New magazine brings Asian writers together.
June 2, 2006... By Kim Hyun SEOUL, June 2 (Yonhap) -- Anybody browsing through a bookstore in South Korea will notice a cosmopolitan range of publications from New York, London or even Buenos Aires. Other than books and magazines from China and Japan,...

Weather forecast: Friday June 02, 2006.
June 2, 2006... SEOUL, June 2 (Yonhap) -- The following is the weather forecast for South Korea's 12 major cities at 9:00 a.m. Friday June 02, 2006. Temperature (C) Condition Possibility High/Low of Rain (%) Seoul 29/18 Sunny 20 Incheon 27/17...

Sales of imported automobiles in S. Korea jump sevenfold over past five years.
June 2, 2006... SEOUL, June 2 (Yonhap) -- Sales of imported cars in South Korea soared sevenfold over the past five years as consumers increasingly preferred foreign-made automobiles and their income rose, data showed Friday. Import sales totaled 30,901...

Koreas to hold economic talks amid prolonged nuclear stalemate.
June 2, 2006... SEOUL, June 2 (Yonhap) -- Officials from North and South Korea are to hold a new round of economic talks from this weekend, despite the North's continued boycott of international negotiations on ending the dispute over its nuclear arms program,...

EDITORIAL from the JoongAng Daily on Friday June 02, 2006.
June 2, 2006... Reflections on KEDO The Korean Peninsula Energy Development Organization, or KEDO, announced yesterday that the project to build light water reactors at Sinpo, North Korea, has been scrapped. The infiltration of a North Korean submarine into...

EDITORIAL from the Korea Times on Friday June 02, 2006.
June 2, 2006... Ranking system for officials The government will introduce a personnel pool system for high-ranking officials - repealing the long-standing grading 1-3 system - starting this July as part of sweeping reform in the civil service. The new...

EDITORIAL from the Korea Herald on Friday June 02, 2006.
June 2, 2006... Tokyo's good deed It is good to hear that the University of Tokyo has agreed to return to Korea 47 volumes of the Annals of the Joseon Dynasty that a colonial official took out of the country in 1913. The decision is even more welcome since...

(Yonhap Interview) Historian says U.S. should apologize for Nogunri massacre.
June 2, 2006... By Lee Dong-min WASHINGTON, June 1 (Yonhap) -- The United States should apologize and offer compensation for a civilian massacre during the Korean War, an American historian said Thursday, based on a document that suggests the shootings were...

Top headlines in major South Korean newspapers: Friday June 02, 2006.
June 2, 2006... SEOUL, June 2 (Yonhap) -- The following are the top headlines in major Korean newspapers on Friday June 02, 2006. Vernacular dailies -- Ruling party leader steps down after election defeat (Kyunghyang Shinmun) -- Ruling party in...

(LEAD) U.S. to examine N.K.'s overture for Hill to visit Pyongyang.
June 2, 2006... By Lee Dong-min WASHINGTON, June 1 (Yonhap) -- The Bush administration said Thursday it will look closely at the latest North Korean proposal inviting a senior Washington official to discuss nuclear issues. A senior State Department...

U.S. protesters to join Korean activists in anti-FTA rallies.
June 2, 2006... WASHINGTON, June 1 (Yonhap) -- U.S. activist groups said Thursday they will join South Koreans this weekend in protesting a proposed free trade agreement (FTA) between their countries. Act Now to Stop War and End Racism (ANSWER), a coalition...

Gov't ready to meet surge in power demand this summer.
June 2, 2006... SEOUL, June 2 (Yonhap) -- Demand for electricity in South Korea is expected to rise 6.3 percent this summer from a year ago but the country will not have any difficulty in meeting the need, government officials said Monday. Demand is likely...

S. Korea's foreign reserves up for third month in May.
June 2, 2006... SEOUL, June 2 (Yonhap) -- South Korea's foreign exchange reserves rose for a third month in May as the falling value of the U.S. dollar boosted the dollar-conversion value of non-dollar assets, the nation's central bank said Friday. ...

(LEAD) S. Korea hold scoreless draw with Norway.
June 2, 2006... OSLO, Norway, June 1 (Yonhap) -- South Korea's national football team was held to a scoreless draw with Norway in an exhibition match in Oslo on Thursday. The match showed exactly what the South's team has to prepare for in the remaining...

S. Korea demands Iran accede to U.S. dialogue proposal.
June 2, 2006... SEOUL, June 1 (Yonhap) -- South Korea on Thursday called for Iran to accept a U.S. proposal to hold direct talks on its nuclear programs after first suspending its uranium-enrichment program. "We hope Iran will actively answer international...

(2nd LD) N. Korea proposes bilateral talks with US to resolve nuclear stalemate.
June 2, 2006... SEOUL, June 1 (Yonhap) -- North Korea on Thursday invited Christopher Hill, the chief U.S. negotiator to the six-way talks on the North's nuclear weapons program, to its capital Pyongyang for bilateral negotiations, saying the nuclear issue...

(LEAD) S. Korean activists leave for U.S. to hold anti-FTA protests.
June 2, 2006... SEOUL, June 1 (Yonhap) -- A group of South Korean activists have left for Washington to protest the start of free trade agreement (FTA) negotiations between the two nations, officials said Thursday. They are part of a 100-strong group of...

Yonhap News Summary.
June 2, 2006... The following is the second summary of major stories moved by Yonhap News Agency on Thursday June 01, 2006. ------------------- (LEAD) N. Korea proposes bilateral talks with U.S. to resolve nuclear stalemate SEOUL -- North Korea on...

(LEAD) S. Korea to spend 1.13 trillion won to develop Pyeongtaek.
June 2, 2006... SEOUL, June 1 (Yonhap) -- The South Korean government Thursday approved plans to spend 1.13 trillion won (US$1.1 billion) to develop Pyeongtaek that will accommodate expanded U.S. military facilities, officials said. The Ministry of...

(LEAD) Main opposition party enjoys sweeping victory in Seoul district.
June 2, 2006... SEOUL, June 1 (Yonhap) -- The main opposition Grand National Party (GNP) enjoyed an unprecedented landslide victory in Wednesday's local elections including a sweeping victory in the Seoul district. In the race for Seoul mayor, the most...

Korean Air starts regular flights to Sapporo, Japan.
June 2, 2006... BUSAN, June 1 (Yonhap) -- Korean Air has started offering regular flights to Sapporo, Japan, from South Korea's port city of Busan, the company said Thursday. The country's largest airline said flights will leave Gimhae International Airport...

(LEAD) Korean deposit insurer seeks to nullify Hanwha's acquisition of Korea Life.
June 2, 2006... SEOUL, June 1 (Yonhap) -- South Korea's state-run deposit insurer said Thursday that it plans to ask an international court for arbitration in a dispute over Hanwha Group's acquisition of Korea Life Insurance Co. The Korea Deposit Insurance...

Ssangyong Motor's union says it will fight against technology transfer to Shanghai Auto.
June 2, 2006... SEOUL, June 1 (Yonhap) -- The labor union of Ssangyong Motor Co., South Korea's second-smallest automaker, said Thursday it will fight against the management's move to allow its Chinese owner to make sport utility vehicles (SUVs) in China. ...

(LEAD) S. Korean automakers post 17.9 rise in sales in May, led by exports.
June 2, 2006... SEOUL, June 1 (Yonhap) -- South Korea's five automakers posted a combined 17.9 percent increase in sales last month, driven by robust growth in exports, data showed Thursday. The five automakers, led by Hyundai Motor Co. and Kia Motors...

South Korean Bond Yields on Thursday June 01, 2006.
June 2, 2006... Today (%) Previous Day (%) Change (%P) 1-year TB 4.55 4.55 - 3-year TB 4.71 4.72 -0.01 10-year TB 5.14 5.15 -0.01 2-year MSB 4.70 4.70 - 3-year CB (AA-) 4.99 5.00 -0.01 91-Day CD 4.36 4.36 -- (THROUGH ASIA PULSE)

(2nd LD) Seoul shares tumble on Tuesday's plunges in U.S. stocks, inflation worries.
June 2, 2006... SEOUL, June 1 (Yonhap) -- South Korean stocks dropped sharply Thursday as Tuesday's sharp losses in U.S. stocks weighed on the market and concerns over high local inflation hurt investor sentiment. The South Korean won depreciated against the...

One third of S. Koreans over 30 at risk of getting cholesterol-related diseases: report.
June 2, 2006... SEOUL, June 1 (Yonhap) -- About one third of South Koreans aged 30 or older are at risk of developing cholesterol-related illnesses such as cardiovascular or brain artery diseases, a government report showed Thursday. The findings were based...