ID :
62967
Thu, 05/28/2009 - 12:54
Auther :

Yonhap News Summary

Yonhap News Summary



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

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(LEAD) S. Korea, U.S. step up surveillance over N. Korea: official
SEOUL -- The armed forces of South Korea and the U.S. raised their surveillance
over North Korea to the second highest level Thursday as the communist state went
ahead with its second nuclear test and threatened war, an official said.
The last elevation of the five-stage "Watchcon" was in October 2006 when North
Korea conducted its first nuclear test. It was then also ramped up to the second
highest notch.
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(2nd LD) U.S. repeats calls on N. Korea to halt provocations, return to six-way talks
WASHINGTON -- U.S. Secretary of State Hillary Clinton Wednesday warned of
consequences from North Korea's recent nuclear test, but repeated calls for North
Korea to return to the six-party talks on its denuclearization.
"There are consequences to such actions," Clinton told reporters after a meeting
with Egyptian Foreign Minister Ahmed Aboul Gheit. "In the United Nations as we
speak, discussions are going on to add to the consequences that North Korea will
face coming out of the latest behavior, with the intent to try to rein in the
North Koreans and get them back into a framework where they are once again
fulfilling their obligations and moving toward denuclearization of the Korean
Peninsula."
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U.N. command rejects N. Korean nullification of Korean War truce
SEOUL -- The U.S.-led United Nations Command in South Korea on Thursday rejected
the claim by North Korea that it is no longer bound by the truce that halted war
on the Korean Peninsula.
"The armistice remains in force and is binding on all signatories, including
North Korea," it said in a release, one day after Pyongyang declared it "will not
be bound" to the 1953 deal that ended the three-year Korean War.
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S. Korean military relies on scientific agencies to detect N. Korea atomic test
SEOUL -- The South Korean military relied on a weather agency and a state
geological center to learn that North Korea had set off an underground nuclear
explosion, a source said Thursday.
The Joint Chiefs of Staff was notified by the Seoul-based Korea Meteorological
Administration about half an hour after North Korea conducted its second nuclear
test on Monday, the source said.
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(2nd LD) S. Korea logs current account surplus for 3rd month
SEOUL -- South Korea registered a current account surplus in April for the third
consecutive month as imports shrank faster than exports, the central bank said
Thursday.
The current account surplus reached US$4.28 billion in April, down from a record
$6.65 billion in March, the Bank of Korea (BOK) said in a report. The current
account is the broadest measure of cross-border trade.
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BOK to keep monetary easing stance to bolster growth: chief
SEOUL -- South Korea's central bank will maintain its monetary easing stance for
the time being in a bid to bolster economic growth and stabilize financial
markets, its head said Thursday.
"It is still uncertain whether some improvements in financial markets and the
real economy will continue," Bank of Korea (BOK) Gov. Lee Seong-tae, said in a
keynote speech for a forum in Seoul.
(END)

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