ID :
100846
Mon, 01/18/2010 - 12:46
Auther :

Yonhap News Summary

Yonhap News Summary



The following is the first summary of major stories moved by Yonhap News Agency
on Monday

-------
S. Korea clinches 2-man Olympic bobsled spot
SEOUL, Jan. 18 (Yonhap) -- South Korea has secured a two-man bobsled spot for
next month's Vancouver Olympics for the first time, after qualifying for a
four-man event last month.
"I received confirmation from the secretary-general of the Federation
International Bobsleigh and Tobogganing (FIBT) that South Korea had qualified to
compete in the two-man bobsled category at the Winter Olympics," Pilot Kang
Kwang-bae of the South Korean bobsled team told Yonhap News Agency on Monday.
-------
Lecturer charged with helping students cheat on SAT using time difference
SEOUL, Jan. 18 (Yonhap) -- Police in Seoul have booked a lecturer on charges of
allegedly helping two Korean students cheat on the U.S.-based Scholastic Aptitude
Test (SAT) by taking advantage of the time difference between test centers in
Asia and the U.S., the police said Monday.
According to the Suseo Police Station, the 37-year-old lecturer, identified by
his surname Kim, was charged with interfering with the U.S.-based Educational
Testing Service (ETS), which administers the exam for students who want to obtain
admission to U.S. colleges. ETS runs test centers worldwide.
------
(LEAD) S. Korean corporations donate to Haiti relief effort
SEOUL -- South Korea's leading corporations said Monday they will join in global
relief efforts for quake-ravaged Haiti.
A massive 7.0 magnitude earthquake hit the Caribbean state Wednesday, causing at
least 50,000 deaths, according to the latest report by the Red Cross.
---------
November household loans grow at fastest pace in 5 months
SEOUL -- South Korea's household loans expanded at the fastest pace in five
months in November, due mainly to increased credit loans, the central bank said
Monday.
Total household lending by local banks and other lending institutions expanded by
4.7 trillion won (US$4.2 billion) in November from the previous month, when the
figure recorded an increase of 3.3 trillion won, according to the Bank of Korea
(BOK).
---------
N. Korea dragging its feet on industrial park talks
SEOUL -- North Korea has yet to grant access to a team of South Korean delegates
scheduled to cross the border to attend an inter-Korean dialogue on the
development of a joint industrial park, a government official here said Monday.
The sides are set to hold a meeting on Tuesday at the Kaesong industrial park,
north of the inter-Korean border, to discuss ways to improve their joint
management of the complex.
---------
Egypt asks S. Korea to help train nuclear energy engineers
SEOUL -- Egypt has asked South Korea to help train its nuclear energy engineers,
the state-run Korea International Cooperation Agency (KOICA) said Monday.
The agency said the Egyptian government has formally made the request with Seoul
as part of its support program for developing economies.
---------
Inter-Korean trade falls off 8.5 pct in 2009
SEOUL -- Trade between South and North Korea declined 8.5 percent on-year in 2009
due mainly to the worldwide economic slowdown that sapped demand and investments,
a government report said Monday.
The Korea Customs Service (KCS) said inter-Korean trade reached US$1.66 billion
last year, down from a record high of $1.82 billion tallied for 2008.
---------
S. Korean firms' finances likely to worsen in Q1
SEOUL -- South Korean companies are expecting their finances to worsen in the
first quarter of this year on a fall in sales and other factors, a poll showed
Monday.
According to the survey of the financial status of 500 companies conducted by the
Korean Chamber of Commerce and Industry (KCCI), the corporate finance index for
the companies is predicted to drop to 99 in the January-March period, down from
106 in the fourth quarter of last year.
---------
S. Korea to host year's first G-20 gathering in Feb.
SEOUL -- High-ranking policymakers and central bank officials from the Group of
20 advanced and emerging economies will gather in South Korea next month to
discuss ways to accelerate a global economic recovery and prepare for the
post-crisis era, the Seoul government said Monday.
The G-20 meeting will be attended by vice finance ministers and vice governors of
central banks from member nations on February 26-27 in Incheon, a western port
city some 50 kilometers west of the nation's capital, according to the Ministry
of Strategy and Finance.
(END)

X