ID :
80003
Tue, 09/15/2009 - 12:44
Auther :
Shortlink :
https://www.oananews.org//node/80003
The shortlink copeid
Yonhap News Summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency
on Tuesday.
-----------------
(LEAD) U.S. won't hold one-on-one dialogue with N.K. outside 6-way talks: State Dept.
WASHINGTON -- The United States said Monday it will consider holding one-on-one
talks with North Korea but that any meeting would be within the framework of
six-nation negotiations.
The remark by State Department spokesman Ian Kelly came as a response to North
Korea's invitation to a U.S. envoy. It also echoed comments by other Washington
officials, and reaffirmed the White House's commitment to international
cooperation in disarming the communist state.
-----------------
(LEAD) Ssangyong Motor to write off 80 pct of Shanghai Auto's stake
SEOUL -- Ssangyong Motor Co., the embattled South Korean carmaker, said Tuesday
it will cancel most shares owned by its Chinese parent Shanghai Automotive
Industry Corp. as part of a turnaround plan submitted to a bankruptcy court.
The plan also calls for Ssangyong to convert 393 billion won (US$321.5 million)
in debts into new shares, the company said in a statement.
-----------------
Koreas exchange lists of surviving relatives for family reunions
SEOUL -- South and North Korea on Tuesday exchanged lists bearing the names of
surviving relatives who will take part in upcoming cross-border family reunions
to be held for the first time in nearly two years.
A new round of family reunions, agreed to at inter-Korean Red Cross talks last
month, will be held at the scenic Mount Kumgang resort on the North's east coast
from Sept. 26 to Oct. 1, shortly before the traditional Korean holiday of
Chuseok. The humanitarian project was suspended in late 2007 as Pyongyang
boycotted inter-Korean dialogue.
-----------------
S. Korea's 2010 tax revenue to grow 5 pct on economic recovery
SEOUL -- South Korea's tax revenue will likely increase around 5 percent next
year as faster-than-expected economic growth expands the overall tax base, a
government source said Tuesday.
Tax revenue will amount to about 172 trillion won (US$140.7 billion) in 2010,
compared with 164 trillion won the government earlier expected to collect for
this year, according to an official at the Ministry of Strategy and Finance. It
would be the first time that the nation's tax revenue has exceeded the
170-trillion-won mark.
-----------------
BOK, financial watchdog to beef up joint inspection
SEOUL -- South Korea's central bank and financial watchdog on Tuesday agreed to
beef up joint inspections into the practices of financial firms in a bid to
better cope with possible turmoil and minimize systemic risks.
The preliminary agreement between the Bank of Korea (BOK) and the Financial
Supervisory Service (FSS) says that if the BOK requests a joint inspection after
its monetary policy meeting approves it, the watchdog should launch the
inspection within one month.
-----------------
Gov't to exempt VAT on new flu vaccines, medicines
SEOUL -- The government said Tuesday it will not apply value-added taxes to
vaccines or medicines to treat Influenza A (H1N1), which it fears may spread
rapidly in the coming weeks.
The Cabinet approved a revised tax law to provide vaccines and other cures for
treating flu patients without the value-added tax until 2010 to minimize
financial burden of those who become infected.
-----------------
(LEAD) Military forces hush as teens cock their ears for English tests
SEOUL -- As millions of teenage students nationwide prepare to be tested on their
capacity to understand spoken English, hundreds of thousands of soldiers in South
Korea are also gearing up to stay quiet.
The military said Tuesday that its 655,000-strong forces plus the 28,500 U.S.
troops stationed in the country will try to keep their noise level as low as
possible when middle- and high-school students take their English listening tests
later this month.
(END)
The following is the first summary of major stories moved by Yonhap News Agency
on Tuesday.
-----------------
(LEAD) U.S. won't hold one-on-one dialogue with N.K. outside 6-way talks: State Dept.
WASHINGTON -- The United States said Monday it will consider holding one-on-one
talks with North Korea but that any meeting would be within the framework of
six-nation negotiations.
The remark by State Department spokesman Ian Kelly came as a response to North
Korea's invitation to a U.S. envoy. It also echoed comments by other Washington
officials, and reaffirmed the White House's commitment to international
cooperation in disarming the communist state.
-----------------
(LEAD) Ssangyong Motor to write off 80 pct of Shanghai Auto's stake
SEOUL -- Ssangyong Motor Co., the embattled South Korean carmaker, said Tuesday
it will cancel most shares owned by its Chinese parent Shanghai Automotive
Industry Corp. as part of a turnaround plan submitted to a bankruptcy court.
The plan also calls for Ssangyong to convert 393 billion won (US$321.5 million)
in debts into new shares, the company said in a statement.
-----------------
Koreas exchange lists of surviving relatives for family reunions
SEOUL -- South and North Korea on Tuesday exchanged lists bearing the names of
surviving relatives who will take part in upcoming cross-border family reunions
to be held for the first time in nearly two years.
A new round of family reunions, agreed to at inter-Korean Red Cross talks last
month, will be held at the scenic Mount Kumgang resort on the North's east coast
from Sept. 26 to Oct. 1, shortly before the traditional Korean holiday of
Chuseok. The humanitarian project was suspended in late 2007 as Pyongyang
boycotted inter-Korean dialogue.
-----------------
S. Korea's 2010 tax revenue to grow 5 pct on economic recovery
SEOUL -- South Korea's tax revenue will likely increase around 5 percent next
year as faster-than-expected economic growth expands the overall tax base, a
government source said Tuesday.
Tax revenue will amount to about 172 trillion won (US$140.7 billion) in 2010,
compared with 164 trillion won the government earlier expected to collect for
this year, according to an official at the Ministry of Strategy and Finance. It
would be the first time that the nation's tax revenue has exceeded the
170-trillion-won mark.
-----------------
BOK, financial watchdog to beef up joint inspection
SEOUL -- South Korea's central bank and financial watchdog on Tuesday agreed to
beef up joint inspections into the practices of financial firms in a bid to
better cope with possible turmoil and minimize systemic risks.
The preliminary agreement between the Bank of Korea (BOK) and the Financial
Supervisory Service (FSS) says that if the BOK requests a joint inspection after
its monetary policy meeting approves it, the watchdog should launch the
inspection within one month.
-----------------
Gov't to exempt VAT on new flu vaccines, medicines
SEOUL -- The government said Tuesday it will not apply value-added taxes to
vaccines or medicines to treat Influenza A (H1N1), which it fears may spread
rapidly in the coming weeks.
The Cabinet approved a revised tax law to provide vaccines and other cures for
treating flu patients without the value-added tax until 2010 to minimize
financial burden of those who become infected.
-----------------
(LEAD) Military forces hush as teens cock their ears for English tests
SEOUL -- As millions of teenage students nationwide prepare to be tested on their
capacity to understand spoken English, hundreds of thousands of soldiers in South
Korea are also gearing up to stay quiet.
The military said Tuesday that its 655,000-strong forces plus the 28,500 U.S.
troops stationed in the country will try to keep their noise level as low as
possible when middle- and high-school students take their English listening tests
later this month.
(END)
