ID :
104882
Sat, 02/06/2010 - 13:03
Auther :

Yonhap News Summary

Yonhap News Summary



The following is the second summary of major stories moved by Yonhap News Agency
on Friday.

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S. Korea's overseas investment plunges in 2009
SEOUL -- South Korea's overseas investment plunged last year from a year earlier
amid the global financial turbulence and a resulting economic recession
worldwide, a report showed Friday.
According to the report by the Ministry of Strategy and Finance, South Koreans
invested a total of US$30.42 billion last year, down 17.2 percent from a year
earlier.

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(2nd LD) N. Korea says it will release U.S. missionary
SEOUL -- North Korea said Friday it will free an American missionary who walked
into the communist state in December with the goal of drawing attention to its
human rights record, a move analysts say aimed at hastening a thaw in its frozen
relations with the U.S.
Robert Park, a 28-year-old Christian missionary from Tucson, Arizona, entered the
North across the frozen Tumen river on the border with China in late December to
urge North Korean leader Kim Jong-il to free all political prisoners and improve
human rights.

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POSCO replaces 4 board members, one outside director
SEOUL -- POSCO, South Korea's leading steelmaker, said Friday that its board of
directors decided to replace four members whose tenures expire this month, a move
considered to be aimed at solidifying its chairman's leadership.
According to the company, POSCO E&C Chairman Yoon Seok-man, POSCO President Lee
Dong-hee, and Chung Keel-sou and Hur Nam-suk, both senior vice presidents at the
steelmaker, are to be replaced.

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Emperor Akihito must repent for Japan's past wrongdoings if he visits Seoul: PM
SEOUL -- Japanese Emperor Akihito should be willing to repent for his country's
colonial rule of the Korean Peninsula if he is to visit South Korea, Seoul's
prime minister said Friday.
South Korean President Lee Myung-bak has invited the Japanese monarch to visit
South Korea in 2010 to mark the beginning of a new relationship between their
countries. The Japanese emperor has yet to respond to the invitation.

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Domestic politics not major factor in deciding inter-Korean summit: minister
SEOUL -- South Korea's upcoming election calendar and other domestic political
elements would not be major points of consideration in the planning and
proceedings of another inter-Korean summit if the two countries were to agree to
hold one, Seoul's pointman on the North said Friday.
"If an inter-Korean summit is ever to be held (again), I don't believe (domestic)
political consideration will be an important variable at all," Hyun In-taek,
Seoul's unification minister, said during an interpellation session at the
National Assembly.
(END)


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