Korea News Links
Web www.williambowles.info
9-31 JULY 2005


SEOUL to Offer Electricity as Reward if North Korea Ends Nuclear …
New York Times – United States
BEIJING, July 31 – A planned joint statement from the six-nation talks
in Beijing aimed at persuading North Korea to give up its nuclear weapons
program will …

KOREA’S Electronics Exports Put Boom Behind Them
Chosun Ilbo – Seoul,South Korea
The pillars of Korea’s export-dependent economy are shaking after key electronics
and electrical goods like home appliances, computers, and mobile phones


KOREA Isolated in Global Business Investment Boom
Korea Times – South Korea
… Korean firms have focused on safe investments, meaning that they avoid
making an investment if there is no guarantee for returns,’’ Korea Institute
of …


N Korea and US begin to close gulf over nuclear arms
Financial Times – London,England,UK
… Christopher Hill, the US assistant secretary of state, said last night
that the talks had gone into “a new phase” and although North Korea had
been “trying to …

US and DPR of Korea hold another bilateral session
Viet Nam News Agency – Hanoi,Vietnam
Beijing (VNA) – The United States and the Democratic People’s Republic
of Korea (DPRK) on July 30 held bilateral talks to narrow their differences
in order to …

JAPAN – North Korea Preview
Soccer Age Japan – Japan
After twelve years of avoiding an encounter with each other, Japan and
North Korea appear to be fated to make up for lost time. …


CHINA eyes Korea talks statement
CNN International – USA
… China (AP) — China proposed a draft statement Saturday in a possible
sign of progress at six-nation nuclear talks aimed at convincing North
Korea to disarm …

KOREA talks to continue amid differences
Hindu – Chennai,India
The talks are yet to reach a conclusion or draft a joint statement, said
an official of the Republic of Korea (ROK) delegation on condition of
anonymity. …

SINO-KOREA Trade to Hit US$110 billion: Chinese Ambassador
Chosun Ilbo – Seoul,South Korea
Chinese Ambassador to Korea Li Bin said Friday that trade this year between
Korea and China was expected to increase by 20 percent to US$110 billion.



US Offers North Korea Evidence That Nuclear Secrets Came From …
New York Times – United States
WASHINGTON, July 28 – In negotiations with North Korea this week, the Bush
administration has for the first time presented the country with specific
evidence …

US concessions bring North Korea deal closer
Financial Times – London,England,UK
The US hopes to secure North Korea’s agreement on Friday on a draft statement
of principles for the six-party talks on dismantling Pyongyang’s nuclear


S. Korea’s Cheju set to become int’l city
People’s Daily Online – Beijing,China
South Korea’s Cheju Province’s plan to turn the resort island into a free
international city is expected to get a boost, as voters approved the
local government …

KOREA’S Jang Jeong Takes Early Lead at British Open
Chosun Ilbo – Seoul,South Korea
Korea’s Jang Jeong is looking for her first victory as a pro as she takes
an early lead at the Women’s British Open at Royal Birkdale. …

S. Korea Urges Regional N. Korea Development Bank, Maeil Says
Bloomberg – USA
… South Korean Finance Minister Han Duck Soo proposed that China and
Japan help form a $30 billion northeast Asia development bank to help
North Korea become a …


US, North Korea see progress with nuclear talks
Seattle Times – United States
… In their remarks, he noted, North Korea and the United States sought
to emphasize their willingness to meet demands from the other side and
seek common ground …

MYANMAR muddle resolved, ASEAN focuses on N.Korea
Reuters – USA
… Southeast Asian foreign ministers, their looming row with the West
over Myanmar averted, meet counterparts from China, Japan and South Korea
on Wednesday, with …

MATILDAS held by Korea
Special Broadcasting Service – Australia
The Matildas have played out a scoreless draw overnight in the first of
two international matches against Korea in Jeonju. The Australians …

S. Korea Rating Raised to Highest Since Before Crisis (Update3)
Bloomberg – USA
July 27 (Bloomberg) — South Korea had its debt rating raised by Standard
& Poor’s to the highest since an International Monetary Fund bailout in
1997 …

S. Korea Envoy to US Offers to Resign Amid Slush Fund Reports
Bloomberg – USA
July 27 (Bloomberg) — South Korea’s ambassador to the US Hong Seok Hyun
offered to resign after the Chosun Ilbo newspaper reported last week he
is connected …


NORTH Korea nuclear talks resume
BEIJING, China (CNN) — Diplomats from the United States, North Korea and
four other Asia-region powers have sat down together in the Chinese capital
Tuesday …

SOUTH Korea’s SK Telecom says second-quarter profit up 56 per cent
National Post – Canada
SEOUL (AP) – SK Telecom Co., South Korea’s largest wireless telephone operator
by sales, said Monday its earnings jumped 56 per cent in the second quarter


ASIAN Stocks: Japan’s Nikkei Falls, Led by Kyocera; Korea Gains
Bloomberg – USA
… South Korea’s Kospi index gained 0.2 percent after the central bank
said the economy expanded at the fastest pace in more than a year in the
second quarter. …

S. Korea’s 2nd-Qtr GDP Rises 1.2%, Fastest in a Year (Update3)
Bloomberg – USA
July 26 (Bloomberg) — South Korea’s economy grew in the second quarter
at the fastest pace in more than a year as consumer spending, investment
and …

US says N.Korea sovereign, no intention to attack
Wired News – USA
BEIJING (Reuters) – Six-party talks on North Korea’s nuclear programs opened
on Tuesday with the United States saying it views the regime as a sovereign
nation …


JAPAN may give energy aid to N. Korea
The Japan Times – Japan
Japan will provide energy aid to North Korea in cooperation with the US
and South Korea if substantial progress is made in getting Pyongyang to
abandon its …

KOREA’S royal lineage ends
Globe and Mail – Canada
Nonetheless, thousands of mourners in black suits and traditional white
robes followed the coffin of the last direct heir to Korea’s throne through
the streets …

KOREA This Week
Korea Times – South Korea
South and North Korea begin three-day working-level consultations on marine
cooperation in Kaesong, North Korea. South Korea and …

N. Korea ‘feels no need’ to include Japan in talks
Chicago Sun-Times – United States
WASHINGTON — North Korea is set to return to nuclear weapons talks in
China on Tuesday to tell its neighbors and the United States how far it’s
willing to go …

NORTH, South Korea meet in Beijing
CNN International – USA
South Korea’s Deputy Foreign Minister Song Min-soon is shown arriving in
Beijing this weekend. BEIJING, China (AP) — Delegations …

N.KOREA plays deal-maker ahead of nuclear talks
Reuters.uk – UK
SEOUL (Reuters) – North Korea has moved with uncharacteristic speed ahead
of next week’s six-party talks on its nuclear programmes to strike deals
with the …

JAPAN Likely to Return War Monument to Korea After September
Chosun Ilbo – Seoul,South Korea
South Korea’s foreign ministry says some time after this September, Japan
will likely give back a historical stone monument it seized from Korea
a century ago. …

NORTH Korea won’t hold Japan nuke talks
Kansas City Star – MO,USA
TOKYO – North Korea took another swipe at Tokyo on Saturday, saying it
“feels no need” to sit down directly with Japan at upcoming nuclear talks
because the …

AIR Force in S. Korea wraps up drills to test forces’ war …
Stars and Stripes – Washington,D.C.,USA
OSAN AIR BASE, South Korea — The US Air Force in South Korea wrapped up
a routine weeklong exercise Friday that saw pilots attacking mock ground
targets and …


OFFICIALS set new attempt at brokering deal with N. Korea
USA Today – USA
WASHINGTON (AP) — North Korea is returning to nuclear weapons talks in
China on Tuesday to tell its neighbors and the United States how far it’s
willing to …

KOREA to Cut Standby Power Below 1 Watt
Korea Times – South Korea
… ``If 40 percent of appliances keep their standby power consumption
below 1W in 2010, Korea will save 121 billion won,’’ the Ministry of Commerce,
Industry …

KOREA Submits UN Security Council Reform Plan
Chosun Ilbo – Seoul,South Korea
Twelve states including Korea and Italy that make up “Uniting for Consensus”,
a group that for various reasons opposes permanent seats on the UN Security


FILIPINO worker in Korea is second in construction contest
Manila Times – Manila,Philippines
… A trainee-worker in Korea, Lucas won second prize at the 13th Construction
Association of Korea Competition on Korean Construction Techniques, held
recently in …

N.KOREA Blanks Proposal to Take Down DMZ Guard Posts
Chosun Ilbo – Seoul,South Korea
South Korea has proposed to North Korea the two countries dismantle their
guard posts in the Demilitarized Zone (DMZ). Seoul made …


NORTH Korea says peace treaty key to nuclear issue
Reuters.uk – UK
… the armistice that ended the 1950-1953 Korean War would resolve the
nuclear crisis on the Korean peninsula, a spokesman for North Korea’s
Foreign Ministry said …

STRIKE may curb Korea exports
International Herald Tribune – France
SEOUL: South Korea’s vice finance minister warned Thursday that exports
may be hurt by a strike at Asiana Airlines, as the country’s No. …

N.KOREA Silent on Hyundai’s Proposal for Landmark Tourism Project
Chosun Ilbo – Seoul,South Korea
Plans to launch tours to Mount Baekdu, located on North Korea’s border
with China, are facing uncertainties. Hyundai Asan, the organizer …

CITIBANK Korea denies deception claims
Banking Business Review – USA
Citibank Korea has dismissed union accusations that it deceived customers
by overcharging interest on its mortgage loans. 21 Jul …

KOREA to Spend W70 Bil. for Second Antarctic Base
Korea Times – South Korea
South Korea plans to spend some 70 billion won ($67 million) by 2011 to
build a second research center in Antarctica, the government said Thursday.



JAPANESE abductees haunt N.Korea nuclear talks
Reuters.uk – UK
TOKYO (Reuters) – Nearly 30 years after her daughter disappeared, Sakie
Yokota is hoping next week’s six-party talks on North Korea’s nuclear
ambitions will …

N. Korea objects Japan’s bid for UN seat
Xinhua – China
BEIJING, July 21 — North Korea has reiterated its position that Japan
is not qualified to be granted a permanent seat on the Security Council.


KOREA Could Find Joining Expanded G8 Difficult
Chosun Ilbo – Seoul,South Korea
Korea may have a tough time joining the G8 even if it expands to 10 since
its economy, currently one of the 10 biggest in the world, will slip to
No. …

DPRK and South Korea oppose Japan raising abduction issue
Asian Tribune – Bangkok,Thailand
Beijing, 21 July, (Asiantribune.com):The Democratic People’s Republic of
Korea(DPRK) strongly opposed to Japan’s intention to raise the Japanese
abduction …

HIDDINK Says Korea Only Has to Ask
Chosun Ilbo – Seoul,South Korea
Coach Guus Hiddink, the man behind Korea’s semifinal run in the 2002 World
Cup, dropped a bombshell Wednesday when he revealed he would love to coach
the …


NORTH Korea faces pressure to give up nuclear arms
Scotsman – United Kingdom
NORTH Korea will come under pressure to scrap its nuclear weapons programme
when it resumes disarmament talks next week after a 13-month boycott.


S Korea Kepco Raises EUR250M Bond To Diversify Portfolio
Yahoo News – USA
By Karen Lane. SINGAPORE (Dow Jones)—Korea Electric Power Corp. (KEP)
Tuesday sold EUR250 million in five-year bonds in a move to …

CITIGROUP Korea, Executive Sued by Union Over Loans (Update2)
Bloomberg – USA
Citibank Korea Inc. … ``We hope the bank will honor its promises to customers
in Korea,’’ Lee Yong Ha, a deputy leader at the Koram union said in an
interview. …

TREAT N.Korea rights like old USSR, activists say
Swissinfo – Switzerland
… With the United States, China, Japan, Russia and South Korea slated
to resume six-party nuclear talks with North Korea on July 26, the US
government-funded …

BUSH Says US `Committed’ to Diplomatic Solution With N. Korea
Bloomberg – USA
… George W. Bush said he told Australia’s Prime Minister John Howard
that the US is committed to resolving the confrontation with North Korea
over nuclear arms …


DUBAI firm sells South Korea refiner stake
International Herald Tribune – France
SEOUL Sovereign Asset Management said Monday that it had sold its entire
stake in SK Corp., the largest oil refiner in South Korea, for $900 million,
ending a …

N Korea seeks US trust at nuke talks
Deccan Herald – Bangalore,India
North Korea on Monday said it won’t give up nuclear weapons without receiving
anything in exchange, but that it wanted to build trust and respect with
its …

KOREA’S Lee captures her first LPGA title as Moodie stumbles
Daily Times – Lahore,Pakistan
… South Korea’s Il Mi Chung and Dorothy Delasin were two strokess off
the pace, but shot 72 and 73 respectively and were unable to halt Lee’s
title run. afp.

PILOT strike cripples S.Korea air service
Science Daily (press release) – USA
SEOUL, July 18 (UPI) — South Korea’s air services were disrupted Monday
when unionized pilots of Asiana Airlines staged a strike for a second
day. …

KOREA to Save W13 Tril. in Energy Cost
Korea Times – Seoul,South Korea
By Kim Sung-jin. South Korea is expected to save 13 trillion won in energy
import expenses for 20 years starting in 2008. The Ministry …


NORTH Korea nuclear talks to start July 26
Xinhua – Beijing,China
BEIJING, July 18 — Stalled six-party talks aimed at ending North Korea’s
nuclear weapons programmes will begin on July 26 in Beijing, but no date
has been set …

S Korea’s unionized pilots start strike
Taipei Times – Taipei,Taiwan
NO SHOW: While the pilots’ union at Korea’s No. 1 … unlimited.”. The
strike comes as South Korea enters its peak summer-travel season. …

KOREA, China to Promote Tax Policy Consultation
Korea Times – Seoul,South Korea
South Korea and China have agreed to promote more frequent and speedy consultations
on each other’s tax policies, the Ministry of Finance and Economy said
on …


CANADA to engage in free-trade talks with South Korea
Taipei Times – Taipei,Taiwan
Canada announced on Friday that it would open formal free-trade negotiations
with South Korea as Ottawa aims for a firmer foothold in the booming Asian
region. …

KOREA’S Lee wins public links title
Kansas City Star – MO,USA
Everything here is foreign to her, including the English language. So Korea’s
Eun Jung Lee couldn’t verbalize very well how she felt Saturday. …

GOING nowhere on North Korea
eTaiwan News – Taipei,Taiwan
It’s mildly encouraging that after a year of cooling its heels, North Korea
will be returning to the stalemated six-nation talks on its nuclear weapons


SOUTH Korea advised to benchmark Dubai as a financial hub
Middle East North Africa Financial Network – Middle East
… ‘’To make South Korea a regional hub in Northeast Asia, a firm vision
and long-term strategy is essential,’ said Park Jae-Ryong, a senior researcher
at the …

KOREA trip builds bonds, identities
Seattle Post Intelligencer – Seattle,WA,USA
OLYMPIA — Mark Owen went to South Korea in search of his past — the orphanage
he lived in as a toddler, the culture he never embraced growing up, even
the …


RUSSIA, South Korea clinch 20-year natural gas deal
Xinhua – Beijing,China
MOSCOW, July 15 (Xinhuanet) — Russia signed a deal Friday with South Korea
to ship liquified natural gas (LNG) from its Far East to the east Asian
nation for …

N. Korea may take up alleged US nukes in S. Korea, Japan at talks
Japan Today – Tokyo,Japan
SEOUL — North Korea wants to take up the alleged presence of US nuclear
weapons in South Korea and Japan at the upcoming six-nation talks aimed
at persuading …

ADRA Opens Café in North Korea
Reuters AlertNet – London,England,UK
… the Adventist Development and Relief Agency (ADRA) opened a European
style café in the center of Pyongyang in the Democratic People’s Republic
of Korea (DPRK …

KOREA’S Richest 1 Percent Own Half Its Land
Chosun Ilbo – Seoul,South Korea
The upper 1 percent of Koreans own more than a half of Korea’s private
land, government figures show. The top 100 land owners …

FREE Trade with Korea will Deal Canada’s Manufacturing Sector a …
Canada NewsWire (press release) – Canada
TORONTO, July 15 /CNW/ – The federal government’s announcement today that
Canada is opening free trade negotiations with the Republic of Korea is
a further …


US wants progress from N. Korea in July 25 talks
Reuters – USA
WASHINGTON (Reuters) – The United States is encouraged by North Korea’s
promise to return to nuclear talks on July 25 but wants progress and not
“talks for …

KOREA to Show Off IT During APEC
Korea Times – Seoul,South Korea
By Seo Jee-yeon. Korea will take advantage of the Asia-Pacific Economic
Cooperation (APEC) to position itself as an information technology (IT)
powerhouse. …

KOREA Times Opens International Education Institute
Korea Times – Seoul,South Korea
By Kim Tong-hyung. The Korea Times yesterday opened an international education
institute to help local students transfer to universities abroad. …

MOODY’S plays down S.Korea ratings rise speculation
Reuters – USA
SEOUL, July 15 (Reuters) – North Korea’s return to talks over its nuclear
programmes will not ease constraints on South Korea’s credit ratings without
tangible …

LEGO to Pull Factory out of Korea
Chosun Ilbo – Seoul,South Korea
Danish toy maker Lego is completely pulling its factory out of Korea in
late August due to high labor costs and labor-management tensions. …


S.KOREA, Japan, US meet to discuss nuclear talks
Reuters – USA
SEOUL (Reuters) – Negotiators from South Korea, Japan and the United States
will meet on Thursday to hammer out a strategy for coaxing North Korea
into ending …

POSCO Japan listing a first for S. Korea firms
Malaysia Star – Petaling Jaya,Malaysia
… Shares in POSCO, South Korea’s third largest stock with a market value
of US$16.4bil, were up 1.02% at 197,500 won by 0313 GMT, beating the main
index, up 0.23 …

KOREA`S i-river comes to India; to pose challenge for iPod
Business Standard – India
… “In Korea, we have a 50 per cent market share in this segment, followed
by Samsung, Apple, with its ipod, and a local company, i-audio,” he said.


[NEWS FOCUS]With the price and quality right, N. Korea products …
Korea Herald (subscription) – Seoul,South Korea
Despite the ties of brotherhood, North Korea is still a threatening nation
for many in Park Young-bok’s generation. No wonder then …

CANADA moving closer to free trade deal with South Korea: minister
Canada.com – Canada
OTTAWA (CP) – Canada is close to launching formal free-trade negotiations
with South Korea as part of the federal government’s efforts to gain a
firmer – and …


RICE hails Seoul energy aid to N.Korea
Science Daily (press release) – USA
SEOUL, July 13 (UPI) — US Secretary of State Condoleezza Rice welcomed
Seoul’s energy aid offer to North Korea as “creative and useful” in resolving
the …

KOREA’S FTC to Hear Microsoft Competition Case
Chosun Ilbo – Seoul,South Korea
Korea’s antitrust watchdog will hear arguments on Wednesday into whether
Microsoft unfairly used its monopoly power to shut out rivals by bundling
programs …

PETRONAS gets Korea Gas contract for LNG
Malaysia Star – Petaling Jaya,Malaysia
PETROLIAM Nasional Bhd (Petronas) has signed a contract to supply as much
as two million tonnes a year of liquefied natural gas (LNG) to Korea Gas
Corp for 20 …

POSCO to become first S.Korea firm to list in Japan
Reuters – USA
… Shares in POSCO, South Korea’s third-largest stock with a market value
of $16.4 billion, were up 1.02 percent at 197,500 won by 0313 GMT, beating
the main …

CATALOG Offers English Materials About Korea
Korea Times – Seoul,South Korea
The Korean Overseas Information Service (KOIS) has published a catalog
of materials to promote Korea overseas, giving foreigners a handy list
of English …


INVOLVING N.Korea’s Kim said key in nuclear talks
Reuters – USA
WASHINGTON, July 11 (Reuters) – North Korea’s return to nuclear talks opens
a new chapter in the impasse, but striking an agreement will require the
United …

S.KOREA to continue playing active role in resolving nuclear issue
Xinhua – Beijing,China
… The meeting was held two days after the Democratic People’s Republic
of Korea (DPRK) and the United States agreed on resuming the six-party
talks in the last …

KOREA Poised to Participate in Oil Projects in Australia
Korea Times – Seoul,South Korea
In a bid to diversify oil supplies, Korea plans to take part in oil and
gas development projects in Australia set for 2005 and 2006, the Ministry
of Commerce …

DPR of Korea: children malnourished and underweight despite …
YubaNet – Nevada City,CA,USA
Despite some progress since the famine of the mid-1990s, children in the
Democratic People’s Republic of Korea (DPRK) are still malnourished and
underweight by …


NORTH Korea to respond to US plan to end nuclear row
Sify – Taramani,Chennai,India
Phuket, Thailand: North Korea has agreed to give a detailed response to
a US-led aid-for-disarmament proposal when it returns to nuclear talks
later this month …

N. Korea’s Return to Talks Marks Good Progress, Hosoda Says
Bloomberg – USA
July 11 (Bloomberg) — North Korea’s decision to return to six-party talks
marks good progress, Hiroyuki Hosoda, Japan’s top government spokesman,
said at a …

US key combat division finishes transformation in S.Korea
Xinhua – Beijing,China
SEOUL, July 11 (Xinhuanet) — A US combat division stationed along inter-Korean
border in South Korea has completed its transformation into more expeditionary


PROTESTERS, Police Clash in South Korea
Los Angeles Times – CA,USA
PYONGTAEK, South Korea — Thousands of people protesting at the site of
the planned new headquarters for the US military in South Korea clashed
Sunday with …

SOUTH Korea, Hong Kong, Malaysia, Singapore & Thailand
Times Online – UK
… Like Japan, South Korea are celebrity crazy with Beckham, predictably,
the main attraction. Should Park live up to the promise he …

N.Korea may divert focus of talks – S.Korea media
Reuters AlertNet – London,England,UK
SEOUL, July 11 (Reuters) – North Korea may try to steer six-country talks away from its nuclear arms programmes by focusing negotiations instead on general …


NORTH Korea Tells US It Would Resume Talks
Los Angeles Times – CA,USA
BEIJING — After a year of stalling, North Korea told the United States
on Saturday it would resume six-nation talks in late July with the goal
of negotiating …

N.KOREA agrees to return to N-talks by month-end
Indian Express – New Delhi,India
LONDON, JULY 9: North Korea has agreed to return to stalled six-way talks
on its nuclear weapons programmes in the week starting July 25, the state
North …

SOUTH Korea Labor Campaign Loses Intensity
Forbes – USA
… During the 1970s and 1980s, South Korea’s labor movement gained a reputation
for being one of the most militant – and violent – in Asia, with frequent
clashes …

NORTH Korea agrees to return to six-party talks
Hindustan Times – Delhi,India
North Korea’s Vice Minister of Foreign Affairs Kim Kye-gwan and US Assistant
Secretary of State Christopher Hill, who led their countries’ delegations
to the …


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