YON - Yonhap News Agency of Korea articles from November 2004

YON - Yonhap News Agency of Korea archives from November 2004

(LEAD) Hyundai Unicorns Win Their 4th Korean Series Title.
November 1, 2004... (ATTN: ADDS with Cho's comment and MVP vote counting in 11-12th paras) By Yang Te-sam SEOUL, 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...

Hyundai Unicorns Win Their 4th Korean Series Title.
November 1, 2004... By Yang Te-sam SEOUL, 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...

U.S. Spy Drones Resume Flights along Korean Border.
November 1, 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...

Assembly Rift Between Rival Parties Deepens.
November 1, 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...

Growth May Fall to 4 Pct Range in 2005: Finance Minister.
November 1, 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...

Views on Uselessness of 6-way Talks Prevalent in N.K.: Report.
November 1, 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...

Former Secretary of N. Korean Workers' Party Praises U.S. Human Rights Law.
November 1, 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...

Dumping of Taekwondo Just Rumor, IOC Official.
November 1, 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...

(LEAD) S. Korea, Singapore Find Common Ground for FTA.
November 1, 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...

(LEAD) BC Card Takes E-Mart to Fair Trade Commission.
November 1, 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...

(3rd LD) KTF 3Q Profit Falls on Marketing Costs, Cuts 2004 Sales Growth Target.
November 1, 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...

S.Korea, Singapore Find Common Ground for FTA.
November 1, 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...

Launch of SK Telecom's Satellite Mobile TV Faces Regulatory Delay.
November 1, 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. ...

BC Card Takes E-Mart to Fair Trade Commission.
November 1, 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,...

(2nd LD) Three North Korean Boats Violate Western Sea Border.
November 1, 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)...

(3rd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
November 1, 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...

Yonhap News Summary The following is the second summary of major stories moved by the Yonhap News Agency on Monday November 1, 2004.
November 1, 2004... ---------------------------- (2nd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October SEOUL -- 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...

Number of Gov't Bond Primary Dealers Rises to 22.
November 1, 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...

(LEAD) KOSPI Rises for 3rd Day; Kookmin Bank Leads Gains.
November 1, 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,...

North Korean Women's U17 Soccer Team to Visit South Next Year: KFA.
November 1, 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...

S. Korean Bond Yields on Monday November 1, 2004.
November 1, 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 +0.02 2-year MSB ...

Gov't to Release Real Estate Reform Bill This Month.
November 1, 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...

Uri Party Struggles to Pass Bills With Assembly Disrupted.
November 1, 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...

KOSPI Rises for 3rd Day; Kookmin Bank Leads Gains.
November 1, 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...

(LEAD) Three North Korean Boats Violate Western Sea Border.
November 1, 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...

(LEAD) Foreign Ministry to Open 24-Hour Call Center.
November 1, 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...

Korean-American Golfer Survives Trial by Media in Jeju.
November 1, 2004... By Eoghan Sweeney SEOUL, 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...

Three N. Korean Boats Violate Western Sea Border Monday.
November 1, 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...

(LEAD) Local Liquor Bekseju Proven to Help Fight Cancer: Company Head.
November 1, 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...

South Korean Auto Sales Fall 12 Percent in October.
November 1, 2004... By Lim Bo-mi SEOUL, 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'...

(LEAD) GM Daewoo's October Sales Up 10 Percent.
November 1, 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...

Operating Rate Of Smaller Firms in 60 Pct Range for 20 Months.
November 1, 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...

LG Telecom Gains Cell Phone Market Share From Rivals in Oct.
November 1, 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...

Local Liquor 'Bekseju' Proven to Help Fight Cancer: Company Head.
November 1, 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...

Foreign Land Ownership Growth Slows Down: Ministry.
November 1, 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...

GM Daewoo's October Sales Up 10 Percent.
November 1, 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 automaker, controlled by U.S. auto...

City Government on Jeju Island Signs Environmental MOU With U.N. Agency.
November 1, 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...

Uri Party's Centrist Lawmakers Seek Bigger Political Roles.
November 1, 2004... By Lee Chi-dong SEOUL, 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...

Theater Operator CJ CGV Gets Preliminary Approval for KSE Listing.
November 1, 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...

Hyundai Motor's Sales Climb 6.8 Percent Annually in October.
November 1, 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 percent to 164,800...

Industrial Complex Use Up Slightly in September.
November 1, 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...

Kia Motors' October Sales Up 10.6 Percent.
November 1, 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 21.5...

KOSPI Rises for 3rd Day as Samsung Electronics, Hyundai Motor Fall.
November 1, 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...

Renault Samsung's October Sales Drop 16 Percent.
November 1, 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 domestic...

Yonhap News Summary The following is the first summary of major stories moved by the Yonhap News Agency on Monday November 1, 2004.
November 1, 2004... ---------------------------- U.S. Military Stops Patrolling Tense Korean Border By Kim Hyung-jin SEOUL -- Combat-ready U.S. soldiers have stopped patrolling the tense Korean border as part of arrangements to give South Korea a greater role...

Overseas Orders of S. Korean Builders Near $5 Bil. This Year.
November 1, 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...

Ssangyong Motor's October Sales Down 3 Percent.
November 1, 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.
November 1, 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...

(LEAD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
November 1, 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...

(2nd LD) S. Korea's Trade Surplus Shrinks to US$2.5 Bil. in October.
November 1, 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...

Taxes Levied on Vehicles Reach Record High in 2003.
November 1, 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...

Seoul Stocks Gain Ground on Institutional Buying.
November 1, 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...

Foreign Ministry to Open 24-Hour Call Center.
November 1, 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...

U.S. Military Stops Patrolling Tense Korean Border.
November 1, 2004... By Kim Hyung-jin SEOUL, 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....

Samsung Electronics Sells 23 Million Handsets in U.S. in Jan-Oct.
November 1, 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...

Asiana to Open New Cargo Route to Canada.
November 1, 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...

Yonsei Univ. Student to Participate in NBA Affiliate League Draft.
November 1, 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,...

Korea Interbank Offered Rate (KORIBOR).
November 1, 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. Term Today (%) Previous Day...

High Fuel Costs Force Airlines to Suspend Routes.
November 1, 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...

Former GNP Chairman Lee Hoi-chang to Retun Home.
November 1, 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...

(2nd LD) KTF 3Q Profit Falls 11.9 Pct on Heavy Marketing Costs.
November 1, 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...

Russian Parliamentary Leaders to Discuss Nuke Issues in Seoul.
November 1, 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...

New Kookmin Head Promises Improved Asset Quality, Productivity.
November 1, 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...

Int'l Organization Inspects S. Korea's Aviation Security.
November 1, 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...

Seoul Rejects Allegations of U.S. Obstruction of Kaesong Project.
November 1, 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...

Independent Directors Cited as Key to Better 'Chaebol' Governance.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- South Korea must strengthen the role of independent directors in order to improve the corporate governance of its family-controlled conglomerates, a U.S. expert said Monday. "The country has come a long way...

(LEAD) KTF 3rd-Quarter Profit Falls 11.9 Pct to 91.7 Billion Won.
November 1, 2004... (ATTN: ADDS sales, other figures from 2nd para) SEOUL, Nov. 1 (Yonhap) -- KTF Co., South Korea's second-largest mobile phone operator, said Monday its net income for the third quarter fell 11.9 percent from a year ago to 91.7 billion won...

KTF 3rd-Quarter Profit Falls 11.9 Pct to 91.7 Billion Won.
November 1, 2004... SEOUL, Nov. 11 (Yonhap) -- KTF Co., South Korea's second-largest mobile phone operator, said said net income for the third-quarter fell 11.9 percent from a year ago to 91.7 billion won. Third-quarter operating profit declined 25.3 percent to...

(LEAD) S. Korea Likely to Keep Top Spot in Worldwide Ship Orders.
November 1, 2004... (ATTN: ADDS definition of CGT in 3rd para, investment recommendation for shipbuilding industry in bottom) SEOUL, Nov. 1 (Yonhap) -- South Korea is expected to remain the world's biggest recipient of ship orders for two years in a row this...

(LEAD) Kia's Slovakian Plant to Also Produce Hyundai Models: Official.
November 1, 2004... (ATTN: CORRECTS U.S. dollar figure in 4th para) SEOUL, Nov. 1 (Yonhap) -- A plant in Slovakia being built by Kia Motors Corp., South Korea's second-largest automaker, will produce models by its affiliate Hyundai Motor Co. as well, a...

Mergers of Korean Handset Makers with Foreign Firms Pick Up Pace.
November 1, 2004... SEOUL, Nov. 11 (Yonhap) -- More foreign telecommunications makers have been seeking mergers with small South Korean mobile phone makers recently, as two mergers were finalized and two others are under discussion, an industry source said...

S. Korea Likely to Keep Top Spot in Worldwide Ship Orders.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- South Korea is expected to remain the world's biggest recipient of ship orders for two years in a row this year, a British research firm said Monday. Ship orders obtained by South Korean shipbuilders were 14.1...

Kia's Slovakian Plant to Also Produce Hyundai Models: Official.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- A plant in Slovakia being built by Kia Motors Corp., South Korea's second-largest automaker, will produce models by its affiliate Hyundai Motor Co. as well, a Hyundai Motor official said Monday. "In the initial...

Seoul Stocks Open Higher Amid Thin Trading.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- South Korean stocks started higher Monday, but trading was thin ahead of Tuesday's U.S. presidential election and the release of a series of economic data at home and abroad this week. In the first 15 minutes of...

Rescheduled Card Bills Drop 32 Pct in January-September Period.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- South Korean credit card companies saw their rescheduled credit card bills drop by one third in the first nine months of the year as they actively wrote off bad loans, industry sources said Monday. LG Card Co.,...

(LEAD) S. Korea's Consumer Prices Up 3.8 Pct in October.
November 1, 2004... (ATTN: UPDATES in 4th, 6th para; ADDS comments by NSO official in 8th-9th paras) SEOUL, Nov. 1 (Yonhap) -- South Korea's consumer prices climbed 3.8 percent in October from a year earlier, fueled by high oil prices, a government report...

S. Korea's Consumer Prices Up 3.8 Pct in October.
November 1, 2004... SEOUL, Nov. 1 (Yonhap) -- South Korea's consumer prices in October climbed 3.8 percent from a year earlier, fueled by high oil prices, a government report said Monday. The National Statistical Office (NSO) said the figure represented a...

EDITORIAL from the Korea Herald on Monday November 1, 2004.
November 1, 2004... Growing Economic Woes Korea's economic difficulties are growing as negative factors increase on the export front amid growing signs of a slide back into recession. The gloom for the economy is amplified by the rising policy...

EDITORIAL from the JoongAng Daily on Monday November 1, 2004.
November 1, 2004... It's up to the Prime Minister It seems that the crippled operations of the National Assembly caused by Prime Minister Lee Hae-chan's degradation of the opposition will persist for some time. The governing Uri Party is even indicating...

EDITORIAL from the Korea Times on Monday November 1, 2004.
November 1, 2004... Real Estate Policy: Measures Needed for Soft Landing of Construction Business About one year has passed since the participatory government came out with a series of powerful measures to stabilize real estate prices on Oct. 29 last year....

Top Headlines in Major Korean Newspapers on Monday November 1, 2004.
November 1, 2004... Kyunghyang Shinmun - Ruling Party Leader Criticizes Main Opposition Party Kukmin Daily - Bush, Kerry Seek Edge in New Bin Laden Tape Dong-A Ilbo - Japan Confirms Hostage Killed in Iraq Seoul Shinmun - Gov't's Lack of Financial...

Today in Korean History.
November 1, 2004... November 1 1950 -- The English-language newspaper Korea Times is published for the first time. 1989 -- South Korea establishes diplomatic relations with Poland. 1991 -- The first edition of the Korean-language Moonhwa Ilbo, a...

(2 LD) Main Opposition Spurns Ruling Party's Olive Branch.
November 2, 2004... SEOUL, Nov. 2 (Yonhap) -- The opposition Grand National Party (GNP) showed no signs Tuesday of allowing a compromise to be reached in the political standoff sparked by Prime Minister Lee Hae-chan's criticism of the party. Earlier in the...

Uri Committed to Successfully Push Through Reforms: Floor Leader.
November 2, 2004... SEOUL, Nov. 2 (Yonhap) -- The ruling Uri Party is committed to successfully pushing through various reforms despite opposition, Rep. Chun Jung-bae said Tuesday. Speaking at a political forum at the National Assembly, the party's floor...