ID :
92351
Mon, 11/30/2009 - 16:47
Auther :
Shortlink :
https://www.oananews.org//node/92351
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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 Monday.
-----------------
U.S. wants to close dialogue with N. Korea in single phase: official
SEOUL -- The U.S., which is set to hold direct bilateral talks with North Korea
next week to lure the country back to denuclearization talks, wants the contact
to be a one-off event but the North is expected to attempt to drag out the
two-way dialogue, a senior Seoul official said Monday.
U.S. special envoy on North Korea, Stephen Bosworth, is scheduled to fly to
Pyongyang on Dec. 8 on a mission to persuade Pyongyang to return to the six-party
nuclear disarmament forum it quit earlier this year. It will be the North's first
one-on-one dialogue with the U.S. Barack Obama administration, which took office
in January.
-----------------
(LAED) Transportation chaos looms, as truckers join rail workers in strike
SEOUL -- The union of truck drivers said Monday it will refuse to provide
alternative transportation for Korea Railroad's (KORAIL) freight service
disrupted by its union workers' extended strike, dealing another blow to the
transportation industry nationwide.
The strike, launched by the KORAIL union's 16,000 workers, entered its fifth day
on Monday, taking a heavy toll on freight services nationwide as well as
passenger trains.
-----------------
(2nd LD) S. Korea's industrial output grows for 4th month in Oct
SEOUL -- South Korea's industrial output grew for a fourth straight month in
October as factories produced more semiconductors and visual and audio equipment,
amid signs of a faster-than-expected economic recovery, a government report
showed Monday.
According to the report by the Statistics Korea, production in the mining and
manufacturing sectors expanded 0.2 percent last month from a year earlier. This
marked an advance for four straight months since July when production started to
grow after a protracted slump.
-----------------
Flu vaccine unrelated to cerebral hemorrhage death: gov't
SEOUL -- Government health officials said Monday that the death of a student late
last week is unrelated to the Influenza-A vaccine.
The Ministry for Health, Welfare and Family Affairs said experts from various
state agencies including the National Institute of Scientific Investigation have
speculated the death may have been caused by an aneurysm, or an extreme swelling
on the wall of an artery, in the brain.
-----------------
Busan shooting range blaze started in front of shooting booth: police
BUSAN -- A tragic fire that engulfed an indoor shooting range in Busan on Nov.
14, killing 15 people, was started when flammable material in front of the
range's No. 1 shooting booth exploded, police said Monday.
"We have tentatively concluded that the point of ignition was near the first
shooting booth where flammable materials were piled up," said Kim Young-shik, the
chief police investigator of the incident, at a press briefing.
-----------------
Daewoong to take legal action against Pfizer unit
SEOUL -- South Korean drugmaker Daewoong Pharmaceutical Co. said Monday it will
take legal action against Wyeth Inc., a unit of Pfizer Inc., accusing the U.S.
company of scrapping a joint development project for a new drug.
The dispute stems from a 2005 deal between Daewoong and Haptogen Ltd., a
biotechnology company in Scotland, to develop an antibody drug. Since Haptogen
was acquired by Wyeth in 2007, the Pfizer unit has "unilaterally rejected" the
project, according to officials at Daewoong.
-----------------
(LEAD) Seoul stocks end 2.04 pct higher on eased Dubai woes
SEOUL -- South Korean stocks finished 2.04 percent higher Monday as foreign and
individual investors went bargain hunting on eased jitters over Dubai debt
problems, analysts said. The local currency jumped against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) advanced 31.10 points to
end at 1,555.6, snapping a two-session losing streak. Volume was moderate at
302.2 million shares, worth 4.5 trillion won (US$3.8 billion) with gainers
outpacing losers 643 to 169.
(END)
The following is the second summary of major stories moved by Yonhap News Agency
on Monday.
-----------------
U.S. wants to close dialogue with N. Korea in single phase: official
SEOUL -- The U.S., which is set to hold direct bilateral talks with North Korea
next week to lure the country back to denuclearization talks, wants the contact
to be a one-off event but the North is expected to attempt to drag out the
two-way dialogue, a senior Seoul official said Monday.
U.S. special envoy on North Korea, Stephen Bosworth, is scheduled to fly to
Pyongyang on Dec. 8 on a mission to persuade Pyongyang to return to the six-party
nuclear disarmament forum it quit earlier this year. It will be the North's first
one-on-one dialogue with the U.S. Barack Obama administration, which took office
in January.
-----------------
(LAED) Transportation chaos looms, as truckers join rail workers in strike
SEOUL -- The union of truck drivers said Monday it will refuse to provide
alternative transportation for Korea Railroad's (KORAIL) freight service
disrupted by its union workers' extended strike, dealing another blow to the
transportation industry nationwide.
The strike, launched by the KORAIL union's 16,000 workers, entered its fifth day
on Monday, taking a heavy toll on freight services nationwide as well as
passenger trains.
-----------------
(2nd LD) S. Korea's industrial output grows for 4th month in Oct
SEOUL -- South Korea's industrial output grew for a fourth straight month in
October as factories produced more semiconductors and visual and audio equipment,
amid signs of a faster-than-expected economic recovery, a government report
showed Monday.
According to the report by the Statistics Korea, production in the mining and
manufacturing sectors expanded 0.2 percent last month from a year earlier. This
marked an advance for four straight months since July when production started to
grow after a protracted slump.
-----------------
Flu vaccine unrelated to cerebral hemorrhage death: gov't
SEOUL -- Government health officials said Monday that the death of a student late
last week is unrelated to the Influenza-A vaccine.
The Ministry for Health, Welfare and Family Affairs said experts from various
state agencies including the National Institute of Scientific Investigation have
speculated the death may have been caused by an aneurysm, or an extreme swelling
on the wall of an artery, in the brain.
-----------------
Busan shooting range blaze started in front of shooting booth: police
BUSAN -- A tragic fire that engulfed an indoor shooting range in Busan on Nov.
14, killing 15 people, was started when flammable material in front of the
range's No. 1 shooting booth exploded, police said Monday.
"We have tentatively concluded that the point of ignition was near the first
shooting booth where flammable materials were piled up," said Kim Young-shik, the
chief police investigator of the incident, at a press briefing.
-----------------
Daewoong to take legal action against Pfizer unit
SEOUL -- South Korean drugmaker Daewoong Pharmaceutical Co. said Monday it will
take legal action against Wyeth Inc., a unit of Pfizer Inc., accusing the U.S.
company of scrapping a joint development project for a new drug.
The dispute stems from a 2005 deal between Daewoong and Haptogen Ltd., a
biotechnology company in Scotland, to develop an antibody drug. Since Haptogen
was acquired by Wyeth in 2007, the Pfizer unit has "unilaterally rejected" the
project, according to officials at Daewoong.
-----------------
(LEAD) Seoul stocks end 2.04 pct higher on eased Dubai woes
SEOUL -- South Korean stocks finished 2.04 percent higher Monday as foreign and
individual investors went bargain hunting on eased jitters over Dubai debt
problems, analysts said. The local currency jumped against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) advanced 31.10 points to
end at 1,555.6, snapping a two-session losing streak. Volume was moderate at
302.2 million shares, worth 4.5 trillion won (US$3.8 billion) with gainers
outpacing losers 643 to 169.
(END)
