YON - Yonhap News Agency of Korea articles from October 2006

YON - Yonhap News Agency of Korea archives from October 2006

Daewoo Electronics, VideoCon-led consortium disagree on terms of sale.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- Creditors of Daewoo Electronics Corp. said Sunday they delayed the signing of a memorandum of understanding to sell South Korea's third-largest electronics maker to a consortium led by VideoCon Industries of India. ...

S. Korea, Japan summit likely in Seoul next week, sources say.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea and Japan are expected to hold their first summit in nearly a year early next week in Seoul, government sources said Sunday. But the government is still considering related details, including its...

S. Koreans visit N. Korea's national cemetery.
October 1, 2006... PYONGYANG, Oct. 1 (Yonhap) -- A group of South Koreans paid tearful tribute Sunday at the tombs of their ancestors buried in North Korea's main national cemetery. Paying tribute at the graveyard, named "Tombs of Patriotic Martyrs," in...

Baseball pitcher Oh set Asian record for saves.
October 1, 2006... SUWON, South Korea, Oct. 1 (Yonhap) -- Oh Seung-hwan, a closer for the South Korean baseball club Samsung Lions, set an Asian record with 47 saves in a single season when he sealed a 5-0 victory over the Hyundai Unicorns in Suwon Stadium on...

Two S. Korean opposition leaders announce plans to run for president.
October 1, 2006... SEOUL, Oct. 1 (Yonhap)-- Park Geun-hye and Lee Myung-bak, South Korea's leading opposition presidential contenders, made public Sunday their bids to run in next year's presidential election. "I have decided to take part in the competition for...

Two S. Korean firms tried to export military material to N. Korea: lawmaker.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- Two South Korean companies made failed attempts to export military-purpose materials to North Korea last year, an opposition lawmaker claimed Sunday. Citing data from the Ministry of Commerce, Industry and Energy...

Two Koreas to hold working-level military talks Monday.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South and North Korea plan to hold military talks this week, the first since the North fired seven missiles in July, the South's Defense Ministry said Sunday. "North Korea suggested a meeting between the chief...

S. Korea, Japan summit likely in Seoul next week, sources say.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- A summit broadly agreed upon by South Korean President Roh Moo-hyun and Japanese Prime Minister Shinzo Abe is likely to take place in Seoul early next week after the three-day Chuseok holidays end, government sources...

Two Koreas to hold working-level military talks Monday.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea and North Korea will hold working-level military talks on Monday, the first official meeting between the two sides since the North test-fired missiles in early July, South Korean officials said Sunday. ...

Seoul to produce 100 additional ship-to-ship cruise missiles.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea plans to spend 270 billion won (US$285 million) until 2010 to produce 100 ship-to-ship cruise missiles, the country's Defense Ministry said Sunday. The ship-to-ship cruise missile Haeseong, or Sea Star,...

Two Koreas to hold working-level military talks Monday.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea and North Korea will hold working-level military talks on Monday, for the first time since the North tested seven missiles in July, the South's Defense Ministry said Sunday. (THROUGH ASIA PULSE)

Per capita production at N.K. industrial park passes $1,000 a month in August.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- Per capita production at an industrial complex for South Korean companies in North Korea passed US$1,000 a month in August, South Korea's Unification Ministry said Sunday. South Korea began financing and building the...

South Korean officials help N. Koreans harvest rice in southern Pyongyang.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- About 40 officials from a South Korean provincial government helped North Koreans harvest rice on a farm south of Pyongyang, according to the officials Sunday. The government of Gyeonggi Province has been pushing...

Seoul, Beijing agree on efforts for resumption of nuclear talks.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea and China agreed to make continuing efforts for the resumption of stalled six-party talks on Pyongyang's nuclear program, South Korean officials said Sunday. South Korea's Unification Minister Lee Jong-seok...

Today in Korean History- Oct. 2.
October 1, 2006... 1966 -- At the request of West Germany, the Park Chung-hee government dispatches 251 female nurses to the European nation, which underwent a shortage of workers amid rapid economic growth. 1988 -- The 24th Summer Olympic Games kicks...

S. Korea will be able to lead deterrence on peninsula by early 2010s: Roh.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korean President Roh Moo-hyun said Sunday his country will be capable of playing a leading role in deterring any war on the Korean Peninsula in the early 2010s. The remark came amid an ongoing controversy over...

No. of Korean cows hits 7-year high on rising demand.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- The number of domestic cows raised in South Korea for meat increased sharply this year, hitting a 7-year high, on the back of rising demand for local premium beef, a report showed Sunday. As of September, there were...

S. Korean exports reach record US$29.93 bln in September.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea's exports rose 22.1 percent from a year ago to a record high of US$29.93 billion in September, fueled by strong overseas demand for cars, petrochemicals, semiconductors and steel, a government report said...

N. Korea received US$24 million from Kaesong since 2004: official.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- North Korea has received a little over US$24 million in cash from a joint business venture with South Korea in its border town of Kaesong, a Unification Ministry official told reporters Sunday, dismissing concerns that...

S. Korea rapidly becoming aged society: report shows.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea is rapidly moving toward an "aged society" with the percentage of people aged 65 years or more expected to reach 9.5 percent this year, a government report showed Sunday. The report compiled by the...

Seoul eyes introducing water taxi, bus services next year.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- The Seoul metropolitan government plans to test water taxi and amphibious bus services on the Han River in Seoul starting next September in a bid to transform the river into a tourist attraction, regional government...

S. Korean companies buy stakes in Gulf of Mexico gas field project.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korean companies bought stakes in an offshore gas development project in the Gulf of Mexico that allowed them to gain access to the North American market, South Korea's Commerce Ministry said Sunday. According...

Korean baseball league's regular season to end next week.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- The regular season of South Korea's professional baseball league will end in the middle of next week and four of the eight clubs will start their preparations for the postseason, aiming to win the Korean Series. In...

S. Korean exports reach record US$29.93 bln in September.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea's exports rose 22.1 percent from a year ago to a record high of US$29.93 billion in September, fueled by strong overseas demand for cars, petrochemicals, semiconductors and steel, a government report said...

Korea Development Bank picked to manage US$1 bil. bond sale.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- State-run Korea Development Bank said Sunday it was picked as a lead manager for the planned sale of US$ 1 billion in bond. Barclays Capital, Citigroup Inc., and Credit Suisse were also named to co-manage the global...

S. Korean exports reach US$29.93 bln in September.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea's exports rose 22.1 percent from a year ago to record high of US$29.93 billion in September, fueled by strong overseas demand for cars, petrochemicals, semiconductors and steel, a government report said...

Shares of Samsung, LG in S. Korean notebook computer market rise sharply.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea's top electronics manufacturer Samsung Electronics Co. and rival LG Electronics Inc. saw their shares in the domestic small laptop computer market jump in the second quarter of this year as their...

Korean baseball league's regular season to end next week.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- The regular season of South Korea's professional baseball league will end in the middle of next week and four of the eight clubs will start their preparations for the postseason, aiming to win the Korean Series. In...

S. Korea to introduce mortgage insurance next year.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korean non-life insurance companies are planning to sell a policy that guarantees repayment of a mortgage loan in the event of a borrower's default, industry sources said Sunday. According to the sources,...

S. Korean technology firms may post mixed quarterly operating profits.
October 1, 2006... SEOUL, Oct. 1 (Yonhap) -- South Korea's top technology companies are expected to report mixed results for their third-quarter operating profits this month because of narrower margins for flat panels and mobile phones, but robust chip prices may...

S. Koreans arrive in N. Korea to pay tribute to independence fighters.
October 1, 2006... SEOUL, Sept. 30 (Yonhap) -- A group of 50 South Koreans arrived in Pyongyang on Saturday to pay tribute to independence fighters buried at national cemeteries there, North Korea's state-run news agency reported. The delegation includes 25...

S. Koreans' hometown exodus for Chuseok holiday begins.
October 1, 2006... Seoul, Sept. 30 (Yonhap) -- The annual mass movement of South Koreans for the Chuseok holiday began Saturday but there was no traffic congestion on major highways across the country yet, highway officials said. Chuseok, the fall harvest...

Korean-American groups thank U.S. lawmaker for efforts on 'comfort women' resolution.
October 1, 2006... WASHINGTON, Sept. 29 (Yonhap) -- A group of Korean-American organizations on Friday thanked a U.S. lawmaker for his efforts aimed at the passage of the first-ever congressional resolution holding Japan accountable for sexual enslavement of...

Kim Jong-il pledges development of friendship with China.
October 1, 2006... SEOUL, Sept. 30 (Yonhap) -- As North Korea congratulated China on its 57th founding anniversary on Saturday, its leader Kim Jong-il pledged to develop friendship and cooperation with the ally. Relations between China and North Korea have been...

Today in Korean History: Oct. 1.
October 1, 2006... 1953 -- South Korea and the United States sign a mutual defense treaty, about three months after the armistice agreement ending the Korean War is signed. 1958 -- South Korea establishes diplomatic relations with Thailand. 1999 -- North...

S. Koreans depart for national cemetery in N. Korea.
October 1, 2006... SEOUL, Sept. 30 (Yonhap) -- A group of 50 South Koreans departed Saturday for North Korea to visit a national cemetery in Pyongyang that was previously off-limits to South Koreans. The group includes 26 descendants of former liberation...

Kookmin sees grim business prospects for 2007.
October 2, 2006... SEOUL, Oct. 2 (Yonhap) -- Kookmin Bank, South Korea's top lender, should draw up a concrete business plan for 2007 as the economic prospects for next year are not bright, the bank's head said Monday. "A variety of economic indicators for...

Gov't planning to spend record sum to help rice farmers in 2007.
October 2, 2006... SEOUL, Sept. 2 (Yonhap) -- The government said Monday that it plans to allocate a record 2.42 trillion won (US$2.56 billion) to help sustain the earning levels of rice farmers coping with the local market's gradual opening to cheaper imports....

Two Koreas hold working-level military talks at Panmunjom.
October 2, 2006... SEOUL, Oct. 2 (Yonhap) -- Military officers from South and North Korea met at the Truce Village in Panmunjom on Monday for the first time since the communist country test-fired a salvo of missiles into the East Sea three months ago. Army...

Seoul shares little changed after weak start.
October 2, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korean stocks started lower Monday, but soon ticked up as institutional investors increased buying amid weak investor sentiment ahead of a long holiday. The benchmark Korea Composite Stock Price Index (KOSPI)...

University reform.
October 2, 2006... (EDITORIAL from Korea Herald on Oct. 2)Korean national universities cannot survive intensifying global competition if they are allowed to remain wrapped in the cocoon of government protection. That is evidenced by the sorry state of Seoul...

Will Japan stay in denial?
October 2, 2006... (EDITORIAL from JoongAng Daily on Oct. 2) President Roh Moo-hyun will meet with Japan's new Prime Minister Shinzo Abe soon after the Chuseok holidays. Both Koreans and Japanese hope that Mr. Abe's appointment as prime minister can help thaw the...

Hasty and Unwarranted.
October 2, 2006... (EDITORIAL from Korea Times on Oct. 2) An interagency discussion appears to be taking place about dispatching Korean troops to join the U.N. Interim Forces in Lebanon (UNIFIL). The government reportedly plans to send a fact-finding team to the...

Top headlines in major S. Korean newspapers.
October 2, 2006... SEOUL, Oct. 2 (Yonhap) -- The following are the top headlines in major Korean newspapers on Oct. 2 Vernacular dailies -- Local companies suffer labor shortage at factories (Kyunghyang Shinmun) -- Two S. Korean companies suspected of...

3 dead, 20 hurt in 30-vehicle pileup on bridge in West Coast Expressway.
October 3, 2006... PYEONGTAEK, South Korea, Oct. 3 (Yonhap) -- Three people died and at least 20 others were injured on a bridge on South Korea's west coast expressway on Tuesday in a pileup involving 30 vehicles, police and firefighters said. The accident...

S. Korean diplomats jubilant over Ban's fourth straw poll win.
October 3, 2006... GENEVA, Oct. 2 (Yonhap) -- South Korean diplomats here rejoiced on Monday as the country's Foreign Minister Ban Ki-moon was assured of a win in the contest to replace Kofi Annan as U. N. Secretary-General with support from all five permanent...

S. Korean minister wins crucial poll in U. N. chief race.
October 3, 2006... NEW YORK/SEOUL, Oct. 2 (Yonhap) -- South Korean Foreign Minister Ban Ki-moon moved a step closer to becoming the next secretary-general of the United Nations on Monday when he won a crucial informal poll with the backing of all five permanent...

Fair races need good losers.
October 3, 2006... (EDITORIAL from JoongAng Daily on Oct. 3) Presidential candidates have started to reveal their intentions to run in party primary elections. They must feel impatient right before the Chuseok holiday, which will be important in shaping and...

Turbulent security environment.
October 3, 2006... (EDITORIAL from Korea Times on Oct. 3) The defense reform plan reiterated by President Roh Moo-hyun in his Armed Forces Day address is both justifiable and appropriate. The commander in chief, while stressing the Korean army should have a...

Exchanges with N. K.
October 3, 2006... (EDITORIAL from Korea Herald on Oct. 3) While political and economic interaction is still at a virtual standstill between the two Koreas following the missile-firing incident in July, a major cultural exchange program is well underway. The...

Top headlines in major S. Korean newspapers.
October 3, 2006... SEOUL, Oct. 3 (Yonhap) -- The following are the top headlines in major Korean newspapers on Oct. 3 Vernacular dailies -- Seoul, Washington may fail to agree on timing of transition of wartime operational control of Korean troops...

Ban Ki-moon well-versed in UN affairs.
October 3, 2006... New York, Oct. 2 (Yonhap) -- Ban Ki-moon, who is likely to become the next secretary-general of the United Nations, is a veteran diplomat with 36 years of service. Ban has served as South Korea's minister of foreign affairs and trade since...

S. Korean minister wins crucial poll in U. N. chief race.
October 3, 2006... NEW YORK, Oct. 2 (Yonhap) -- South Korean Foreign Minister Ban Ki-moon moved a step closer to becoming the next secretary-general of the United Nations on Monday when he won a crucial informal poll with the backing of all five permanent members...

S. Korean minister wins crucial poll in U. N. chief race.
October 3, 2006... NEW YORK, Oct. 2 (Yonhap) -- South Korean Foreign Minister Ban Ki-moon moved a step closer to becoming the next secretary-general of the United Nations on Monday when he won a crucial informal poll. The five veto-wielding permanent members...

S. Korean minister wins crucial poll in U. N. chief race.
October 3, 2006... NEW YORK, Oct. 2 (Yonhap) -- South Korean Foreign Minister Ban Ki-moon won a crucial informal poll Monday to elect the next secretary-general of the United Nations. He garnered the unanimous support of the five veto-wielding permanent...

Abe tightlipped on plans to visit Tokyo war shrine.
October 3, 2006... TOKYO, Oct. 2 (Yonhap) -- Japan's new prime minister, Shinzo Abe, stayed cautious Monday about whether he plans to visit a controversial war shrine that glorifies the islands' militarist past, ahead of a reported visit to South Korea and China....

S. Korean, Japanese foreign ministers discuss bilateral issues in phone talks.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- The foreign ministers of South Korea and Japan had brief telephone talks Monday to discuss bilateral relations, Seoul's Foreign Ministry said. During their 15-minute discussion, South Korea's Ban Ki-moon...

S. Korea to send more than 800 athletes to Doha Asian Games.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korea will dispatch an 842-strong squad to the Asian Games in Doha, Qatar, in December, the Korea Olympic Committee (KOC) said Monday in a news release. The team consists of 655 athletes from 37 events and 187...

Military talks fail to break impasse in inter-Korean relations.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Military officers from South and North Korea met briefly on Monday for the first time since the communist country conducted missile tests in July, but they failed to find a way to put stalled inter-Korean relations...

Yonhap News Summary.
October 3, 2006... The following is the second summary of major stories moved by Yonhap News Agency on Monday. ------------------- (2nd LD) Military talks fail to break impasse in inter-Korean relations SEOUL -- Military officers from South and North...

The Host' meets with sell-out crowd at Vancouver festival.
October 3, 2006... VANCOUVER, Oct. 2 (Yonhap) -- "The Host," dubbed South Korea's answer to Steven Spielberg's "Jaws," was well-received by audiences and critics alike during the recent Vancouver International Film Festival. Tickets for director Bong Joon-ho's...

Military talks fail to break impasse in inter-Korean relations.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Military officers from South and North Korea met briefly on Monday for the first time since the communist country conducted missile tests in July but failed to find a way to get stalled inter-Korean relations back on...

S. Korea to host F1 Grand Prix in 2010.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Formula One, the world's most prestigious car racing competition, will be held in a southern South Korean county in 2010 for a seven-year run, organizers here announced Monday after signing a contract to that effect....

Seoul shares inch up on program buying.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korean stocks closed slightly higher Monday as heavy program buying bolstered the market, despite investor jitters over the long upcoming holiday. The South Korean won fell against the U. S. dollar. The...

S. Korea's carmakers log record monthly sales in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Hyundai Motor Co., Kia Motors Corp. and three other carmakers in South Korea posted record monthly sales in September as unionists ended strikes and demand expanded both at home and abroad, according to the companies'...

Seoul, Washington still at odds over timeline for wartime control transfer.(Chronology)
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korea and the United States have failed to agree on a timetable for the transfer of wartime operational control on the Korean Peninsula due to their different assessments of Seoul's military capabilities, a...

Seoul shares inch up on program buying.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korean stocks closed slightly higher Monday as heavy program buying bolstered the market, despite investor jitters over the long upcoming holiday. The South Korean won fell against the U. S. dollar. The...

SK-II cosmetics' metal detection not serious: KFDA.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korea's health authorities said Monday that the detection of a toxic metal in Japan's SK-II cosmetic line was not serious enough to become a health threat to users. The Korea Food and Drug Administration (KFDA)...

Hyundai Motor posts highest monthly sales in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker, said Monday it posted the highest monthly sales in September thanks to a rise in exports and the end of a labor dispute. Hyundai Motor sold 264,014 vehicles in...

Renault Samsung posts record monthly sales in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Renault Samsung Motor Co., South Korea's smallest automaker, said Monday its vehicle sales surged 44.5 percent from a year ago to a monthly record of 15,773 units in September. Domestic car sales stood at 11,866...

Yun Ok-hee's ranking in Archery World Cup corrected.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korean archer Yun Ok-hee was named the winner of a recent international competition in China after both the world's and nation's governing bodies of the sport corrected earlier errors made in tabulating her...

S. Korean consumer prices rise 2.4 pct on-year in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korea's consumer prices rose 2.4 percent year-on-year in September due to price hikes in agricultural products and service charges, a government report said Monday. During the reported month, consumer prices...

Kia Motors sales soar 66.8 pct in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Kia Motors Corp., South Korea's second-largest carmaker, said Monday its vehicle sales shot up 66.8 percent from a year ago to 116,411 units in September on strong demand both at home and abroad. Domestic sales...

Hyundai Motor sales surge 52.3 pct in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker, said Monday it sold 264, 014 vehicles in September, up 52.3 percent from a year earlier. Hyundai Motor sold 56,093 units on the domestic market, up 47.1 percent...

Kia Motors sales soar 66.8 pct in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Kia Motors Corp., South Korea's second-largest carmaker, said Monday its vehicle sales shot up 66.8 percent from a year ago to 116,411 units in September. Domestic sales jumped 50 percent to 27,011 vehicles, and...

Today in Korean history: Oct. 3.
October 3, 2006... 1979 -- South Korea's National Assembly, controlled by President Park Chung-hee's ruling party, deprives Kim Young-sam, head of the then-opposition New Democratic Party, of his parliamentary seat in connection with his anti-government...

Yonhap News Summary.
October 3, 2006... The following is the first summary of major stories moved by Yonhap News Agency on Monday. ------------------- (LEAD) Two Koreas hold working-level military talks at Panmunjom SEOUL -- Military officers from South and North Korea...

S. Korea's presidential race likely to get off to early start.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Koreans are bracing for an early presidential campaign, as key opposition contenders have one by one declared their ambitions to run for the December 2007 elections. The latest public surveys suggested three...

LG Telecom outpaces rivals in gaining customers in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- LG Telecom Ltd., South Korea's smallest mobile service provider, outperformed its rivals in attracting customers in September, according to data released Monday by the nation's three mobile operators. LG Telecom...

Renault Samsung auto sales jump 44.5 pct in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Renault Samsung Motor Co., South Korea's smallest automaker, said Monday its vehicle sales surged 44.5 percent from a year ago to a monthly record of 15,773 units in September. Car sales stood at 11,866 units at...

Seoul shares rise higher on shipbuilder gains.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korean stocks traded higher Monday afternoon as shipbuilders like Hyundai Heavy Industries rallied amid weak investor sentiment ahead of a holiday. The benchmark Korea Composite Stock Price Index (KOSPI) rose...

S. Korean consumer prices rise 2.4 pct on-year in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- South Korea's consumer prices rose 2.4 percent year-on-year in September due to hikes in agricultural products and service charges, a government report said Monday. During the reported month, consumer prices in...

Ssangyong Motor sales reach new high in September.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- Ssangyong Motor Co., South Korea's fourth-largest automaker, said Monday its monthly vehicle sales reached a new high in September on the back of the end of a strike and the launch of a new model in the European...

LG Electronics sees brisk TV sales in IBSA markets.
October 3, 2006... SEOUL, Oct. 2 (Yonhap) -- LG Electronics Inc., South Korea's second-largest electronics manufacturer, said Monday it saw its share of the television market in the so-callled IBSA countries -- India, Brazil and South Africa -- rise in the first...