ID :
75256
Fri, 08/14/2009 - 14:41
Auther :
Shortlink :
https://www.oananews.org//node/75256
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Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency
on Thursday.
-----------------
N. Korea frees S. Korean worker after months of detention
SEOUL -- North Korea released South Korea's Hyundai Asan worker Thursday after
four-and-a-half months of detention amid an ongoing visit by the company's
chairwoman in Pyongyang, a Seoul official said.
Yu Seong-jin, an engineer with Hyundai Asan Corp., the Hyundai Group's North
Korea business arm, was handed over to his firm's officials at a joint park in
the North's border town of Kaesong at 5:10 p.m., said Unification Ministry
spokesman Chun Hae-sung.
-----------------
(LEAD) Ssangyong Motor resumes operations after nearly three-month stoppage
PYEONGTAEK -- Ssangyong Motor Co., South Korea's smallest carmaker and currently
under bankruptcy protection, resumed output Thursday after an 83-day production
stoppage due to a labor strike.
Ssangyong's operations have been suspended as unionized workers occupied the
automaker's only plant in Pyeongtaek, about 70km south of Seoul, in protest
against massive layoffs.
-----------------
(News Focus) iPhone pits S. Korean mobile giants against each other
SEOUL -- South Korea's top two mobile carriers are waging a war of nerves as
U.S.-based Apple Inc. is poised to launch the latest model of its iPhone here, a
move market watchers say could affect their market shares.
KT Corp., South Korea's No. 2 mobile service provider, is now in talks with Apple
to win exclusive rights to sell the iPhone on the local market. Most industry
insiders expect KT to clinch the deal and start selling the model within the
year.
-----------------
(LEAD) S. Korea to deploy advanced anti-sub missiles on destroyers
SEOUL -- South Korea's defense ministry said Thursday that newly developed
anti-submarine guided missiles will be deployed on destroyers by 2012 to beef up
the country's naval defense.
South Korean destroyers will begin to carry about 60 to 70 long-range
anti-submarine missiles, nicknamed "Red Shark," in three years, said the ministry
after a meeting on mid-term arms procurement plans.
-----------------
Asiana Airlines swings to black in Q2
SEOUL -- Asiana Airlines Inc., South Korea's second-largest carrier, said
Thursday that it swung to the black in the second quarter mainly due to gains
from equity ties with affiliates.
Net profit reached 47.1 billion won (US$38 million) in the April-June period,
compared with a loss of 19.2 billion won a year earlier, the company said in a
regulatory filing.
-----------------
Sungwon wins 1.2 tln won order to build homes
SEOUL -- Sungwon Corp., a South Korean builder, said Thursday that it has won a
deal valued at 1.21 trillion won (US$970 million) to build 5,000 residences in
Libya.
Sungwon said in a regulatory filing that it received a letter of acceptance from
Libyan Investment and Development Co. to build the homes.
-----------------
Gov't to expand educational support for young N. Korean defectors
SEOUL -- The South Korean government will boost its support for young North
Korean defectors to 4.5 billion won (US$3.6 million) in 2010 in a bid to help the
young students better adjust to local society, the education ministry said
Thursday.
One-to-one mentoring, special after-school classes and other custom-made programs
for the young members of the North Korean defector families will all be expanded
sharply, as funding rises from this year's 3 billion won, according to the
ministry.
-----------------
(LEAD) Seoul shares end 0.05 pct lower on institutional sell-offs
SEOUL -- South Korean shares closed 0.05 percent lower Thursday on massive
last-minute sell-offs by institutional investors, analysts said. The local
currency gained against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 0.71 points to
1,564.64, paring earlier gains. Volume was moderate at 549 million shares worth
7.31 trillion won (US$5.91 billion) with gainers outnumbering losers 469 to 329.
(END)
The following is the second summary of major stories moved by Yonhap News Agency
on Thursday.
-----------------
N. Korea frees S. Korean worker after months of detention
SEOUL -- North Korea released South Korea's Hyundai Asan worker Thursday after
four-and-a-half months of detention amid an ongoing visit by the company's
chairwoman in Pyongyang, a Seoul official said.
Yu Seong-jin, an engineer with Hyundai Asan Corp., the Hyundai Group's North
Korea business arm, was handed over to his firm's officials at a joint park in
the North's border town of Kaesong at 5:10 p.m., said Unification Ministry
spokesman Chun Hae-sung.
-----------------
(LEAD) Ssangyong Motor resumes operations after nearly three-month stoppage
PYEONGTAEK -- Ssangyong Motor Co., South Korea's smallest carmaker and currently
under bankruptcy protection, resumed output Thursday after an 83-day production
stoppage due to a labor strike.
Ssangyong's operations have been suspended as unionized workers occupied the
automaker's only plant in Pyeongtaek, about 70km south of Seoul, in protest
against massive layoffs.
-----------------
(News Focus) iPhone pits S. Korean mobile giants against each other
SEOUL -- South Korea's top two mobile carriers are waging a war of nerves as
U.S.-based Apple Inc. is poised to launch the latest model of its iPhone here, a
move market watchers say could affect their market shares.
KT Corp., South Korea's No. 2 mobile service provider, is now in talks with Apple
to win exclusive rights to sell the iPhone on the local market. Most industry
insiders expect KT to clinch the deal and start selling the model within the
year.
-----------------
(LEAD) S. Korea to deploy advanced anti-sub missiles on destroyers
SEOUL -- South Korea's defense ministry said Thursday that newly developed
anti-submarine guided missiles will be deployed on destroyers by 2012 to beef up
the country's naval defense.
South Korean destroyers will begin to carry about 60 to 70 long-range
anti-submarine missiles, nicknamed "Red Shark," in three years, said the ministry
after a meeting on mid-term arms procurement plans.
-----------------
Asiana Airlines swings to black in Q2
SEOUL -- Asiana Airlines Inc., South Korea's second-largest carrier, said
Thursday that it swung to the black in the second quarter mainly due to gains
from equity ties with affiliates.
Net profit reached 47.1 billion won (US$38 million) in the April-June period,
compared with a loss of 19.2 billion won a year earlier, the company said in a
regulatory filing.
-----------------
Sungwon wins 1.2 tln won order to build homes
SEOUL -- Sungwon Corp., a South Korean builder, said Thursday that it has won a
deal valued at 1.21 trillion won (US$970 million) to build 5,000 residences in
Libya.
Sungwon said in a regulatory filing that it received a letter of acceptance from
Libyan Investment and Development Co. to build the homes.
-----------------
Gov't to expand educational support for young N. Korean defectors
SEOUL -- The South Korean government will boost its support for young North
Korean defectors to 4.5 billion won (US$3.6 million) in 2010 in a bid to help the
young students better adjust to local society, the education ministry said
Thursday.
One-to-one mentoring, special after-school classes and other custom-made programs
for the young members of the North Korean defector families will all be expanded
sharply, as funding rises from this year's 3 billion won, according to the
ministry.
-----------------
(LEAD) Seoul shares end 0.05 pct lower on institutional sell-offs
SEOUL -- South Korean shares closed 0.05 percent lower Thursday on massive
last-minute sell-offs by institutional investors, analysts said. The local
currency gained against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 0.71 points to
1,564.64, paring earlier gains. Volume was moderate at 549 million shares worth
7.31 trillion won (US$5.91 billion) with gainers outnumbering losers 469 to 329.
(END)
