Quantcast

Latest Yonhap Stories

2008-10-25 15:00:15

South Korean President Lee Myung-bak says Asian and European leaders should help him entice North Korea into demilitarizing through economic cooperation. Addressing the Asia-Europe Meeting Saturday in Beijing where leaders of 40 nations met to discuss the global financial crisis, Lee called for their help in his efforts to link the two Koreas through natural gas pipelines and railways, Yonhap, the South Korean news agency, reported. "North Korea's nuclear weapons are a serious threat to...

2008-10-19 12:00:11

South Korea Sunday said it will provide $100 billion in state guarantees on banks' foreign debts in an effort to combat a dollar shortage in the country. The move is also aimed at bolstering confidence in South Korea's financial markets, Yonhap, the South Korean news agency, reported Sunday. The South Korean Finance Ministry, the Bank of Korea and the country's Financial Services Commission made the joint announcement Sunday as part of an emergency conference on the global financial...

2008-10-14 06:00:33

Text of report in English by South Korean news agency Yonhap SEOUL, Oct. 14 (Yonhap) - East Timor signed a memorandum of understanding (MOU) that could permit the export of gas from its Greater Sunrise well to South Korea by 2013, the government said Tuesday. The pact was reached in Dili and marks the first time that East Timor, which gained independence in May 2002, has signed an energy- resources pact with a foreign country, the Ministry of Knowledge Economy said. The MOU outlines...

2008-10-14 03:00:15

Text of report in English by South Korean news agency Yonhap [Yonhap headline: "N.K. Foreign Minister in Moscow To Discuss Nuclear, Wider Ties: Report"] SEOUL, Oct. 14 (Yonhap) - North Korea's foreign minister was to arrive in Russia on Tuesday for talks with Russian officials possibly on bilateral ties and the North's denuclearization, a report said. During a four-day stay in Moscow, Pak Ui-jun will meet ranking Moscow officials including his Russian counterpart Sergei Lavrov,...

2008-10-13 03:00:18

Text of report in English by South Korean news agency Yonhap [By Shim Sun-ah: "Unification Ministry Expects US Delisting to Positively Affect Inter-Korean Ties"] SEOUL, Oct. 13 (Yonhap) - South Korea's Unification Ministry said Monday it expects North Korea's removal from a US terrorism blacklist will positively influence inter-Korean ties. North Korea said on Sunday it would resume disabling its plutonium-producing nuclear plant and allow in inspectors after Washington announced a...

2008-10-11 09:00:22

South Korea says it will privatize and restructure 30 government-owned companies in a bid to increase their productivity. Included on the list are the Korea District Heating Corp., Korea Power Engineering Co. and Korea Plant Service and Engineering Co., of which Seoul will sell between 40 percent and 49 percent of the government's stake, the South Korean Yonhap News Agency reported Saturday. The moves are the third and final phase of President Lee Myung-bak's program to improve the...

2008-10-11 09:00:03

Text of report in English by South Korean news agency Yonhap WASHINGTON, Oct. 10 (Yonhap) - The United States has not yet made a decision on whether or when to delist North Korea as a state sponsor of terrorism, the State Department said Friday. Spokesman Sean McCormack told reporters that he had "nothing new" on the issue, explaining that discussions are still under way between the partners in the six-party talks on ending North Korea's nuclear ambitions. They are the two Koreas, the US,...

2008-10-10 09:00:41

Text of report in English by South Korean news agency Yonhap SEOUL, Oct. 10 (Yonhap) - The government said Friday that it has found a single case of melamine-contaminated feed out of 921 samples inspected since late last month. The Ministry for Food, Agriculture, Forestry and Fisheries said the samples collected and checked were those sold on the market from Sept. 22 to present. The sample that tested positive for melamine - an industrial chemical that can cause kidney problems in...

2008-10-07 09:00:19

Text of report in English by Japan's largest news agency Kyodo Seoul, Oct. 7 Kyodo - South Korean Foreign Minister Yu Myung Hwan said Tuesday that the United States and North Korea have shown flexibility in talks aimed at resolving the dispute over the verification of information the North has provided about its nuclear programmes. The US position "remains unchanged in substance, but is showing flexibility to the fullest possible limit," Yu told a parliamentary committee. Yu also said...

2008-10-06 08:15:00

Text of report in English by South Korean news agency Yonhap Seoul, Oct. 6 (Yonhap) - South Korean health authorities said Monday that they have found traces of harmful chemicals in 10 Chinese food products that can cause kidney problems in humans during a nationwide inspection. The Korea Food and Drug Administration (KFDA) said in a news briefing that while sales will be allowed for 212 products that have passed inspections, bans will be maintained on 216 that could not be checked because...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.