YON - Yonhap News Agency of Korea articles from November 2006

YON - Yonhap News Agency of Korea archives from November 2006

Lufthansa to launch Busan-Munich route.
November 1, 2006... SEOUL, Nov. 1 (Yonhap) -- Lufthansa, Europe's second-largest airline, said Wednesday it will begin servicing a new route connecting South Korea's southeastern port city of Busan and Munich, Germany, next year. Lufthansa, the first...

Capital flight; measures needed to block money outflow.
November 1, 2006... (EDITORIAL from the Korea Times on Nov. 1) We are alarmed at the news that a growing amount of foreign and domestic capital is making its way out of the country lately. The capital flight is taking place at a worrisome pace, according to a...

Install emergency Cabinet.
November 1, 2006... (EDITORIAL from the Joongang Daily on Nov. 1) A floor leader of the governing Uri Party urged the president to create an emergency Cabinet to overcome the current national security crisis and help the economy. It is very unusual for a leader of...

Gen. Bell's assurance.
November 1, 2006... (EDITORIAL from the Korea Herald on Nov. 1) Common sense tells us that a military officer has less of an inclination toward double talk than an average politician. So when we heard Gen. Burwell B. Bell, commander of the U. S. Forces in Korea,...

Top headlines in major S. Korean newspapers.
November 1, 2006... SEOUL, Nov. 1 (Yonhap) -- The following are the top headlines in major Korean newspapers on Nov. 1. Vernacular dailies -- N. Korea to return to six-way talks without conditions: China (Kyunghyang Shinmun) -- N. Korea to return to...

Bush pleased by resumption of N. K. talks but says U. N. resolution will be enforced.
November 1, 2006... WASHINGTON, Oct. 31 (Yonhap) -- U. S. President George W. Bush said Tuesday he was "pleased" North Korea agreed to return to nuclear disarmament talks but reaffirmed the U. N. resolution against the communist regime will be enforced to ensure...

U. S. gives measured response on 6-party talks, stresses sanctions are still in place.
November 1, 2006... WASHINGTON, Oct. 31 (Yonhap) -- The United States gave a measured and subdued response Tuesday to the agreed resumption of North Korea nuclear talks, consistently noting that a U. N. Security Council sanctions resolution is still in force. ...

U. S. to hold on to sanctions in distrust of North Korea.
November 1, 2006... WASHINGTON, Oct. 31 (Yonhap) -- The United States is likely to take a two-pronged approach on North Korea, one of dialogue and the other of intense pressure to make sure Pyongyang does not use delay tactics to avert international attention away...

Bush pleased by resumption of N. K. talks but says U. N. resolution will be enforced.
November 1, 2006... WASHINGTON, Oct. 31 (Yonhap) -- U. S. President George W. Bush said Tuesday he was "pleased" North Korea agreed to return to nuclear disarmament talks but reaffirmed the U. N. resolution against the communist regime will be enforced to ensure...

POSCO engineering aims for US$10 bln Nigerian railroad contract: sources.
November 1, 2006... SEOUL, Nov. 1 (Yonhap) - South Korea's POSCO Engineering and Construction Co. is aiming to win a US$10 billion contract to modernize Nigeria's railroad system, industry sources said Wednesday. POSCO said it had a good chance to win the deal...

Bush pleased by resumption of N. K. talks but says U. N. resolution will be enforced.
November 1, 2006... WASHINGTON, Oct. 31 (Yonhap) -- U. S. President George W. Bush said Tuesday he was "pleased" North Korea agreed to return to nuclear disarmament talks but reaffirmed the U. N. resolution against the communist regime will be enforced to ensure...

N. Korean ship leaves Hong Kong without being detained: sources.
November 1, 2006... HONG KONG, Oct. 31 (Yonhap) -- Marine authorities in Hong Kong allowed a North Korean freighter to depart after it docked for four hours, sources said Tuesday, as attention continued to focus on whether ships from the communist country are...

Obstacles remain ahead in nuclear talks with N. Korea: analysts.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- International negotiations over North Korea's nuclear program may face more serious obstacles despite the communist state's decision Tuesday to end its nearly one-year boycott, North Korea watchers here said. North...

N. Korea to return to nuclear negotiations soon: Foreign Ministry.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- North Korea agreed Tuesday to return to the long-stalled six-way talks on its nuclear program, the South Korean and Chinese governments said. No date has been set for the resumption of the negotiations, but officials...

S. Korea will stick to foreign ownership limit for telecom operators: minister.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea does not plan to ease its limits on foreign ownership of stock in local telecommunication companies, a top government policymaker said Tuesday. Speaking to lawmakers at a parliamentary audit session in...

N. Korea blasts S. Korean observer group's participation in PSI.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- North Korea on Tuesday blasted the participation of South Korean observers in a U. S.-led proliferation security initiative (PSI) exercise in the waters off Bahrain. In the statement by the Committee for the...

Roh to shake up foreign and security policy team Wednesday: source.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- President Roh Moo-hyun will carry out a reshuffle of his administration's foreign and security policy team on Wednesday and is expected to name his chief security secretary Song Min-soon as the foreign minister, a...

Roh to shake up foreign and security policy team Wednesday: source.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- President Roh Moo-hyun will carry out a reshuffle of his administration's foreign and security policy team on Wednesday and is expected to name his chief security secretary Song Min-soon as the foreign minister, a...

Chronology of major events surrounding N. Korean nuclear standoff.(Chronology)
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- The following is a chronology of major developments surrounding North Korea's covert nuclear weapons program and six-party talks aimed at ending the crisis. 1994 Oct. 21 -- North Korea and the United States sign...

Seoul hails agreement to resume six-way talks.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea said Tuesday that it welcomes North Korea's decision to return to the six-way talks on its nuclear program. "The government welcomes the compromise on the resumption of the six-way talks made on the...

N. Korea to return to nuclear negotiations soon: Foreign Ministry.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- North Korea has agreed to return to international negotiations over its nuclear weapons program, South Korea's Foreign Ministry said Tuesday. But no date has been set for a sixth round of the talks. The proposed...

N. Korea to return to nuclear negotiations soon: China.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- North Korea has agreed to return to international negotiations over its nuclear weapons program, China's Foreign Ministry said on its web site. The proposed resumption of the six-party talks comes after the...

Lotte to open department store in China: sources.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's Lotte Department Store plans to open its first store in China at the beginning of 2008, industry sources said Tuesday. Lotte is negotiating with China's real-estate and building company Silvertie...

Samsung Techwin to jointly develop GE jet engines.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Samsung Techwin Co. said Tuesday it plans to take part in a joint development project to make GE's next-generation passenger jet engines. The South Korean company said it has acquired a 2 percent stake in the...

Prosecution seeks arrest of Lone Star executives.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's prosecution said Tuesday it is seeking to arrest several executives of U. S. private investment fund Lone Star over its purchase of local lender Korea Exchange Bank (KEB) in 2003. The Supreme...

N. K. claims U. S. intensifies aerial espionage amid nuclear tension.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- The United States has intensified aerial espionage in October as concerns mount over North Korea's nuclear test, the communist state's official news media reported Tuesday. The U. S. military conducted about 200...

S. Korea aims to restrict divorce by parents with underage children.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- A new South Korean law, likely to go into effect as early as the second half of next year, will bar couples with underage children from getting a divorce unless they agree on custody of their offspring, a government...

Democratic Labor Party delegation arrives in N. Korea.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Members of South Korea's progressive Democratic Labor Party (DLP) arrived in Pyongyang on Tuesday for talks expected to cover the rising tension over North Korea's nuclear weapons program. In a dispatch from the...

Yonhap News Summary.
November 1, 2006... The following is the second summary of major stories moved by Yonhap News Agency on Tuesday. ------------------- (News Focus) S. Korea sensitive on media speculation over U. S. pressure on N. Korea issue SEOUL -- Every trip here by...

Saudi Aramco's CEO to visit S. Korea in November.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- The president and chief executive officer of Saudi Arabian Oil Co. will visit South Korea early next month to attend an energy forum, the company's local joint-venture S-Oil Corp. said Tuesday. Abdallah S. Jum'ah...

S. Korea mulls purchasing F-35 fighter jets for next-generation project.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea is considering buying F-35 Lightning II fighter jets from an international consortium to boost its air defense capabilities, a top Air Force official said Tuesday. "Right now, orders for F-35s are...

S. Korea sensitive on media speculation over U. S. pressure on N. Korea issue.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Every trip here by a senior U. S. official draws keen media attention today, with South Korea struggling to dispel the perception that it is susceptible to pressure from Washington on how to deal with North Korea. ...

Democratic Labor Party delegation arrives in N. Korea.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Members of South Korea's progressive Democratic Labor Party (DLP) arrived in Pyongyang on Tuesday for talks expected to cover the rising tension over North Korea's nuclear weapons program. During the five-day...

Prosecution files for arrest warrant for head of Lone Star's local unit.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's prosecution said it filed for a warrant to arrest the head of the local unit of U. S. private investment fund Lone Star on Tuesday as part of its investigation surrounding the 2003 purchase of Korea...

Disease-causing bacteria found in S. Korean baby formulas.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's food safety watchdog said Tuesday it has discovered disease-causing bacteria in formula for infants produced by several local dairy product makers. The Korea Food and Drug Administration said it found...

Seoul shares end higher on technical rebound, tech gains.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korean stocks closed higher Tuesday on a technical rebound from two days of losses and institutional bargain hunting for tech bellwethers such as Samsung Electronics. The South Korean won gained against the U....

Samsung Fire earnings fall 14 pct in first half.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Samsung Fire & Marine Insurance Co., the nation's leading non-life insurer, said Tuesday its net profit fell 14 percent annually in the first half of fiscal 2006 due to increased future liabilities. Earnings...

U. S. to become more lenient if N. Korea returns to 6-way talks: minister.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's Unification Minister Lee Jong-seok Tuesday claimed the United States would be more flexible toward North Korea if the North returns to international negotiations over its nuclear weapons program. ...

Seoul shares end higher on technical rebound, tech gains.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korean stocks closed higher Tuesday on a technical rebound from two days of losses and institutional bargain hunting for tech bellwethers such as Samsung Electronics. The South Korean won gained against the U....

S. Korea, Kuwait to jointly stockpile crude.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- State-run oil companies of South Korea and Kuwait were to sign a contract Tuesday to store 2 million barrels of Kuwaiti crude in storage facilities in South Korea, government officials said. The contract to be...

Sales of variable insurance policies plunge in S. Korea in Q2.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Sales of variable insurance policies nearly halved in the second quarter as local stock markets swung sharply in the three-month period, the nation's top financial watchdog said Tuesday. The first premium for...

S. Korea's service output growth accelerates in September.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's service sector output in September increased at the fastest pace in seven months amid concerns that the pace of economic recovery might decelerate, a government report showed Tuesday. Output in the...

S. Korea's oil consumption rises 0.2 pct in September.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's oil consumption edged up 0.2 percent in September from a year ago due to rising demand from the country's transportation sector, government officials said Tuesday. The Ministry of Commerce,...

Defense minister agrees on U. S. commander's view on wartime control timeline.(Chronology)
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's defense minister said Tuesday that Seoul and Washington hope to set a specific date for the transfer of wartime operational control of South Korean troops early next year. "We expect there to be a...

Jeonbuk Motors to play Al Karama in AFC final.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Jeonbuk Motors of South Korea will face Syrian club Al Karama in the fourth Asian Champions League final in Jeonju World Cup Stadium on Wednesday. Given their poor showing in the domestic K-league this season,...

Samsung Corp. to tap cargo security business.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Samsung Corp., the trading and construction arm of Samsung Group, said Tuesday it will enter Asia's freight security market by investing US$15 million in CommerceGuard AB, a global cargo security provider. To that...

U. S. to become more lenient if N. Korea returns to 6-way talks: minister.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's Unification Minister Lee Jong-seok Tuesday claimed the United States would become more flexible toward North Korea if the North returns to international negotiations over its nuclear weapons program. ...

Nuclear cities' exist in N. Korea: opposition lawmaker.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- North Korea has been running at least two secretive cities to develop nuclear weapons over the past four decades, an opposition lawmaker claimed Tuesday. Rep. Song Young-sun of the main opposition Grand National...

S. Korea's service output growth accelerates in September.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's service sector output in September increased at the fastest pace in seven months amid concerns that the pace of economic recovery might decelerate, a government report showed Tuesday. Output in the...

Yonhap News Summary.
November 1, 2006... The following is the first summary of major stories moved by Yonhap News Agency on Tuesday. ------------------- (LEAD) IAEA chief says he wants to ensure N. K. nuclear activities are peaceful New York -- The head of the...

Seoul shares rise on institutional tech buying.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korean stocks added to earlier gains Tuesday afternoon as institutional investors increased their buying of tech bellwethers such as Samsung Electronics. The benchmark Korea Composite Stock Price Index...

S. Korean conglomerates' debt guarantees nearly halve.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korean conglomerates' debt guarantees for their affiliates fell sharply this year, the country's corporate watchdog said Tuesday. According to the Fair Trade Commission (FTC), 59 business groups had debt...

S. Korean consumer sentiment not affected by Pyongyang's nuke test: poll.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Consumer sentiment in South Korea has not been seriously affected by North Korea's nuclear bomb test earlier this month, a survey showed Tuesday. According to the survey of 1,000 households by Samsung Economic...

Seoul shares tick up on tech gains.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Reversing earlier losses, South Korean stocks edged up late Tuesday morning as institutional investors bought tech bellwethers such as Samsung Electronics. The benchmark Korea Composite Stock Price Index (KOSPI)...

Samsung Corp. to tap cargo security business.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- Samsung Corp., the trading and construction arm of Samsung Group, said Tuesday it will enter Asia's freight security market by investing US$15 million in CommerceGuard AB, a global cargo security provider. To that...

Unification minister says inter-Korean summit needed despite nuclear test.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's point man on North Korean affairs on Tuesday said he believes a second inter-Korean summit could help ease the tension sparked by North Korea's recent nuclear test, but stopped short of saying whether...

S. Korea to hold forum to spur foreign direct investment.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea will host an international forum this week in an effort to attract more foreign direct investment (FDI) and ease concerns over North Korea's nuclear test, officials said Tuesday. The Foreign...

S. Korea confirms radiation level normal following Pyongyang's nuke test.
November 1, 2006... SEOUL, Oct 31 (Yonhap) -- South Korea confirmed Tuesday that there has been no contamination by radioactive materials on the nation's mainland since North Korea conducted a nuclear weapon test earlier this month. The Ministry of Science and...

Seoul issues travel advisory for Bangladesh.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea advised its nationals on Tuesday to refrain from traveling to Bangladesh, citing security concerns in the South Asian country. Bangladesh has been plagued by widespread political violence related to...

Unification minister says inter-Korean summit needed despite nuclear test.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- South Korea's point man on North Korean affairs on Tuesday said he believes a second inter-Korean summit could help ease tension sparked by North Korea's recent nuclear test, but stopped short of saying whether the...

Moody's raises rating of Export-Import Bank of Korea.
November 1, 2006... SEOUL, Oct. 31 (Yonhap) -- The state-run Export-Import Bank of Korea said Tuesday that Moody's Investors Service has upgraded its rating on the bank's long-term foreign currency bond rating to a level higher than South Korea's sovereign rating....

Hyundai Heavy Industries posts 20.8 percent gain in Q3 earnings.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- Hyundai Heavy Industries Co., the world's leading shipyard, said Thursday its net profit rose 20.8 percent in the third quarter from a year ago due to increased ship prices and more high-value-added orders. Net...

S. Korea's IT exports top US$10 bln in October.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- South Korea's exports of information technology (IT) goods exceeded $10 billion in October, boosted by increased shipments of chips and flat panels, a government report showed Thursday. According to the report by...

Seoul shares tick down on Wall Street fall.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- South Korean stocks started slightly lower Thursday as an overnight setback on Wall Street hurt investor sentiment. The benchmark Korea Composite Stock Price Index (KOSPI) fell 0.67 point, or 0.05 percent, to...

KEPCO reports 18.62 percent rise in Q3 earnings.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- Korea Electric Power Corp. (KEPCO), South Korea's state-run electricity monopoly, said Thursday its earnings increased 18.62 percent in the third quarter of the year from a year earlier. Net profit came to 1.21...

Orders won by S. Korean shipbuilders likely to top 20 mln CGTs in 2006.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- Combined orders clinched by South Korean shipbuilders are likely to top 20 million compensated gross tons (CGTs) this year on the back of increased high-value-added ship orders, an industry association said Thursday....

The road to isolation.
November 2, 2006... (EDITORIAL from JoongAng Daily on Nov. 2) Unification Minister Lee Jong-seok said negotiations with North Korea cannot take place unless it gives up its nuclear weapons program. He said abandonment of nuclear arms should be a precondition for...

Resumption of dialogue: Six countries should cooperate to find breakthrough.
November 2, 2006... (EDITORIAL from Korea Times on Nov. 2) The decision on resuming six-way talks to dismantle North Korea's nuclear weapons program, after a yearlong hiatus, is a welcome breather. It is not certain why Pyongyang agreed to return to the...

Return to 6-way talks.
November 2, 2006... (EDITORIAL from Korea Herald on Nov. 2) North Korea has agreed with the United States to return to the six-way talks on its nuclear weapons program in the near future. It is the most welcome development since its nuclear test on Oct. 9. The...

Top headlines in major S. Korean newspapers.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- The following are the top headlines in major Korean newspapers on Nov. 2. Vernacular dailies -- China to decide on lifting sanctions on North Korea's legitimate bank accounts (Kyunghyang Shinmun) -- N. Korea...

Security Council finalizes list of banned items under N. K. sanctions resolution.
November 2, 2006... NEW YORK, Nov. 1 (Yonhap) -- The U. N. sanctions committee on Wednesday finalized a list of items denied to North Korea, the first action by the committee that oversees implementation of the resolution against the communist regime. But the...

Bush wants 6-party talks to resume as soon as possible, names officials to go to Asia.
November 2, 2006... WASHINGTON, Nov. 1 (Yonhap) -- U. S. President George W. Bush said Wednesday he wants to see six-party talks resume as soon as possible to resolve North Korea's nuclear problem. In an interview with Western news agencies, Bush said two...

S. Korea's foreign reserves up for 4th month in October.
November 2, 2006... SEOUL, Nov. 2 (Yonhap) -- South Korea's foreign exchange reserves rose for a fourth month in October as the weaker value of the U. S. dollar boosted the dollar-conversion value of non-dollar assets, the nation's central bank said Thursday. ...

Bush wants 6-party talks to resume as soon as possible, names officials to go to Asia.
November 2, 2006... WASHINGTON, Nov. 1 (Yonhap) -- U. S. President George W. Bush said Wednesday he wants to see six-party talks resume as soon as possible to resolve North Korea's nuclear problem. In an interview with Western news agencies, Bush said two...

IAEA, electricity offer become keys to 'effective' six-party talks.
November 2, 2006... WASHINGTON, Nov. 1 (Yonhap) -- With North Korea's agreement to return to the six-nation nuclear talks, the question has turned to how one can test and verify the communist regime's intentions and behavior. The International Atomic Energy...

Security Council finalizes lists of banned items under N. K. sanctions resolution.
November 2, 2006... NEW YORK, Nov. 1 (Yonhap) -- The U. N. sanctions committee on Wednesday finalized lists of items denied to North Korea, the first action by the committee that oversees implementation of the resolution against the communist regime. The lists,...

Russian president vows to continue backing efforts for nuclear-free Korean Peninsula.
November 2, 2006... MOSCOW, Nov. 1 (Yonhap) -- Russia's President Vladimir Putin met South Korea's Foreign Minister Ban Ki-moon, the U. N. secretary general-designate, in Moscow on Wednesday and pledged his country would continue to support efforts to denuclearize...

Jeonbuk beat Al Karama 2-0 in AFC Champions league football.
November 2, 2006... JEONJU, Nov. 1 (Yonhap) -- South Korean pro football club Jeonbuk Motors inched closer to the Asian championship title as it beat Syrian club Al Karama 2-0 in the first leg of the Asia Football Confederation's (AFC) Champions league final in...

Jeonbuk beat Al Karama 2-0 in AFC Champions league football.
November 2, 2006... JEONJU, Nov. 1 (Yonhap) -- South Korean pro football club Jeonbuk Motors inched closer to the Asian championship title as it beat Syrian club Al Karama 2-0 in the first leg of the Asia Football Confederation's (AFC) Champions league final in...

U. S. expected to announce results of probe on N. Korea's money laundering soon.
November 2, 2006... SEOUL, Nov. 1 (Yonhap) -- The United States is likely to soon announce the result of its probe into North Korean accounts at a bank in Macau that were frozen over money laundering suspicions, leaving the issue of whether to unfreeze some of the...

Result of AFC Champions league final 1st leg.
November 2, 2006... JEONJU, Nov. 1 (Yonhap) -- Result of Asia Football Confederation's Champions league final between Jeonbuk Motors of South Korea and Al Karama of Syria first leg; Jeonbuk -- 2 (Yeom Ki-hun 58, Sena Rapahel Botti 90) Al Karama -- 0 ...

Local researchers make breakthrough on enhancing MRI definition.
November 2, 2006... SEOUL, Nov. 1 (Yonhap) -- South Korean researchers said Wednesday they have developed a ultra-high-field permanent current that can greatly enhance resolution of magnetic resonance imaging (MRI) machines used for medical purposes. The Korea...

U. S. expected to announce results of probe on N. Korea's money laundering soon.
November 2, 2006... SEOUL, Nov. 1 (Yonhap) -- The United States is likely to soon announce the result of its probe into North Korean accounts at a bank in Macau that were frozen over money laundering suspicions, leaving the issue of whether to unfreeze some of the...

Prosecution probe into Lone Star will not affect merger review: FTC head.
November 2, 2006... SEOUL, Nov. 1 (Yonhap) -- South Korea's antitrust watchdog will keep reviewing the appropriateness of a merger between Korea Exchange Bank (KEB) and Kookmin Bank despite a prosecution investigation into alleged stock price rigging by executives...