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Today in Korean history

Thu, 20 Jun 2013 05:28:22 GMT

June 21 1904 -- The first public washroom in Seoul opens. 1947 -- The International Olympic Committee accepts South Korea's proposal for membership. 1972 -- Thailand completes the phased withdrawal of its soldiers from South Korea,

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Thu, 20 Jun 2013 05:28:22 GMT

All information carried by the Yonhap News Agency, including articles, photographs, graphics, audio and video images, and illustrations (collectively, the content) is owned by the Yonhap News Agency. The use of the content for any other purposes o

Park calls for 'common sense' in relations with North Korea

Thu, 20 Jun 2013 05:28:22 GMT

SEOUL, June 20 (Yonhap) -- South Korean President Park Geun-hye said Thursday she will stick to principles in dealing with North Korea in order to transform relations with the communist nation in a way that is in line with "common sense and internation

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 05:28:22 GMT

*** FOREIGN TIPS FM, Diplomatic Mission Chiefs in SE Asia to Discuss N. Korean Defectors SEOUL (Yonhap) -- Foreign Minister Yun Byung-se will convene a meeting of overseas diplomatic mission chiefs in Southeast Asia this week to discuss ways to bette

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 05:28:22 GMT

*** INTER-KOREAN RELATIONS S. Korea Regrets N. Korea's Buck-passing over Aborted Talks SEOUL (Yonhap) -- South Korea accused North Korea on June 13 of wrongly holding it responsible for the last-minute cancellation of high-level inter-Korean talks a

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 05:28:22 GMT

*** CHRONOLOGICAL REVIEW SEOUL (Yonhap) -- The following is a chronological review of major developments related to North Korea from June 13-19, 2013. June 13 The Committee for the Peaceful Reunification of (North) Korea (CPRK) slams South Korean

Yonhap News Summary

Thu, 20 Jun 2013 04:57:12 GMT

The following is the first summary of major stories moved by Yonhap News Agency on Thursday. ----------------------- S. Korean nuclear envoy sets tougher conditions for talks with N. Korea WASHINGTON -- South Korea's top nuclear envoy lai

S. Korea's rating won't be affected by QE tapering: Moody's

Thu, 20 Jun 2013 04:57:12 GMT

By Kim Seung-yeon SEOUL, June 20 (Yonhap) -- South Korea's credit rating won't be affected by the impact from the unwinding of the U.S. monetary easing, as Washington's indication of an exit strategy means the world's No. 1 economy is improving, whic

Seoul needs to counter N. Korea's cyber espionage capabilities: defense chief

Thu, 20 Jun 2013 04:57:12 GMT

SEOUL, June 20 (Yonhap) -- South Korea's defense chief on Thursday said there is an urgent need to counter North Korea's cyber espionage capabilities that pose national security threats for the country. In a conference held in Seoul to touch on way

Nearly a third of Koreans to be over 65 in 2040: report

Thu, 20 Jun 2013 03:24:08 GMT

SEJONG, June 20 (Yonhap) -- South Korea's population is getting older at a fast clip with its median age likely to rise sharply amid enhanced medical services and people's increased interest in health, a report showed Thursday. According to the rep

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 02:53:01 GMT

*** TOPIC OF THE WEEK (Part 1) N. Korea Proposes Talks with U.S. to Discuss Military Tension, Peace Treaty SEOUL (Yonhap) -- Following the aborted inter-Korean talks, North Korea proposed high-level talks with the United States on June 16 to de

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 02:53:01 GMT

*** TOPIC OF THE WEEK (Part 2) North Korea, China Hold Strategic Talks in Beijing BEIJING (Yonhap) -- North Korea's top nuclear envoy reasserted that Pyongyang wants to resolve it nuclear issue through dialogue, China's foreign ministry said o

NORTH KOREA NEWSLETTER NO. 267 (June 20, 2013)

Thu, 20 Jun 2013 02:53:00 GMT

*** NEWS IN BRIEF North Korea to Begin Arirang Mass Game Performances in July SEOUL (Yonhap) -- North Korea will start the famous Arirang mass game festival on July 22, celebrating its late leaders and the 60th anniversary of the end of the 195

S. Korea pushes to develop Yangon's undeveloped suburb

Thu, 20 Jun 2013 02:52:57 GMT

NAYPYIDAW, Myanmar, June 20 (Yonhap) -- South Korea is pushing to develop the southern region of Myanmar's largest city of Yangon, officials said Thursday, as part of its efforts to boost cooperation with the emerging Southeast Asian country. Yango

Korea's financial market sinks into turmoil

Thu, 20 Jun 2013 02:52:57 GMT

SEOUL, June 20 (Yonhap) -- The South Korean financial market turned volatile late Thursday morning as the U.S. Federal Reserve chief's remark on a possible reduction in stimulus moves weighed down on investors, analysts said. The benchmark Korea C

Gov't target for new houses drops to 10-yr low

Thu, 20 Jun 2013 02:21:50 GMT

SEOUL, June 20 (Yonhap) -- The government said Thursday that it will aim to build 370,000 new houses this year, the lowest number of new housing units since 2003 when it began announcing annual targets. The figure represents a near 37 percent drop

Korea-EU FTA helps maintain trade, keep investment afloat: gov't

Thu, 20 Jun 2013 02:21:49 GMT

SEOUL, June 20 (Yonhap) -- The country's free trade agreement (FTA) with the European Union has helped keep its exports from plunging amid the prolonged financial crisis in Europe, the government said Thursday. The Korea-EU FTA went into effect nea

S. Korea's industrial electricity sales grow 2.8 pct in May

Thu, 20 Jun 2013 02:21:49 GMT

SEOUL, June 20 (Yonhap) -- Electricity consumption by the country's industrial sector rose from a year earlier in May on growing exports, the government said Thursday. Electricity used by the industrial sector came to 22.13 billion kilowatt-hours l

The Korea Interbank Offered Rates (KORIBOR)

Thu, 20 Jun 2013 02:21:49 GMT

SEOUL, June 20 (Yonhap) -- The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. Term Today (%) Previous Session (%) 1-W

(LEAD) Korean won loses ground on Bernanke's remarks

Thu, 20 Jun 2013 02:21:49 GMT

SEOUL/SEJONG, June 20 (Yonhap) -- The South Korean currency dropped against the U.S. dollar Thursday as remarks by the U.S. Federal Reserve's chief over the bond-buying stimulus sparked demand for the greenback, dealers said. The local currency was

(LEAD) Prosecution rejects police request to arrest ex-vice justice minister

Thu, 20 Jun 2013 02:06:18 GMT

SEOUL, June 19 (Yonhap) -- The prosecution on Wednesday rejected a police request for an arrest warrant for a former vice justice minister accused of receiving sexual services in return for business favors. The prosecution instead instructed the Nat

(LEAD) N. Korea, China hold strategic talks in Beijing

Thu, 20 Jun 2013 02:06:18 GMT

BEIJING, June 19 (Yonhap) -- North Korea's top nuclear envoy met with senior Chinese officials on Wednesday in "strategic talks" that were expected to focus on the North's nuclear weapons program and bilateral ties. Kim Kye-gwan, the North's vetera

(4th LD) N. Korea, China hold strategic talks in Beijing

Thu, 20 Jun 2013 02:06:17 GMT

BEIJING, June 19 (Yonhap) -- North Korea's top nuclear envoy reasserted that Pyongyang wants to resolve it nuclear issue through dialogue, China's foreign ministry said Wednesday after meetings with the envoy. Kim Kye-gwan, the North's first vice fo

About half of banking firms' outside directors are bureaucrats or lawyers

Thu, 20 Jun 2013 01:50:49 GMT

SEOUL, June 20 (Yonhap) -- Four out of 10 outside directors at financial holding companies are either bureaucrats or lawyers, data showed Thursday, amid the government's move to revamp the governance structure between the board and the management.

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Thu, 20 Jun 2013 01:50:49 GMT