Korea News Links
Web www.williambowles.info
14 JUNE - 8 JULY 2005


US will not attack North Korea – Rice
China Daily – China
US Secretary of State Condoleezza Rice sent a clear message to North Korea
that Washington has no intention of attacking the nation as she embarked
on an Asian …

KOREA Aims to Join G10 by 2010
Korea Times – Seoul,South Korea
… During a meeting hosted by the European Union Chamber of Commerce in
Korea (EUCCK), Finance-Economy Minister Han Duck-soo said that the government
will speed …

KOREA Goes on Alert After London Blasts
Chosun Ilbo – Seoul,South Korea
A string of bombings of subways and buses in London has caused heightened
alert in Korea, the third biggest provider of troops to Iraq behind the
US and the UK …

UPDATE 2: S. Korea Stocks Drop From 5 1/2-Year Highs
Forbes – USA
South Korean shares slipped Friday as institutional and retail investors
took profits after the benchmark Korea Composite Stock Price Index, or
Kospi, hit a 5 1 …

SUMMER strike season starts in South Korea
Financial Times – London,England,UK
… South Korea is notorious for its militant labour movement, which is
one of the main headaches foreign companies cite about doing business
in Asia’s third …


KOREA: Price Fall Continues as Production Moves to China
ECN Asia – Singapore
… After moving its factory from Korea to China in 2002, SanHa’s Korean
operation now focuses essentially on R&D. The company ships …

[THE Dawn of Modern Korea] (304) Eating Out of House and Home
Korea Times – Seoul,South Korea
By Andrei Lankov. Unlike China and Japan, old Korea had no restaurant industry.
Of course, it does not mean that a hungry traveler …

KOREA’S key stock index rises
BusinessWeek – USA
… Securities. The Korea Composite Stock Price Index, or Kospi, rose 7.8
points, or 0.8 percent, to 1026.82 — the highest level since Jan. …

BANK of Korea holds interest rate steady:-
Webindia123 – India
The Bank of Korea kept its primary interest rate steady Thursday at 3.25
percent for the eighth straight month. A BoK spokesman …

BOA dances past S.Korea-Japan strife to music fame
Reuters – USA
… Born Kwon Bo-A in South Korea, the waif of a teen-ager has been called
a Korean Britney Spears and has outsold some of the biggest US stars in
Japan, the …


KOREA refuses to speed up
Asia Times Online – Kowloon,Hong Kong
SEOUL – South Korea’s Finance Ministry on Wednesday lowered its growth
forecast for the year to 4% from 5%, saying high oil prices combined with
weak private …

S. Korea to send IT ambassadors to 32 countries
People’s Daily Online – Beijing,China
South Korea, which boasts the world’s top high-speed Internet penetration
rate per capita, looks to share its success with other nations by sending
a total of …

INSTANT VIEW 1-S.Korea holds rates steady at record low
Reuters – USA
SEOUL, July 7 (Reuters) – South Korea’s central bank held interest rates
steady at a record low for the eighth month in a row on Thursday, keeping
policy loose …

NORTH Korea says it has eliminated avian flu outbreak
Canada.com – Canada
SEOUL, South Korea (AP) – North Korea has stamped out an outbreak of avian
flu that began in February, a news report monitored by a South Korean
news agency …

SOUTH Korea’s main stock index rises
BusinessWeek – USA
6 5:08 AM ET South Korean shares rose marginally Wednesday as losses in
Korea Electric Power pared gains from foreign buying of major technology
and auto stocks …


IL prices sway S Korea growth forecast
Financial Times – London,England,UK
Soaring oil prices have put an additional burden on the economy of South
Korea, the world’s fourth-largest oil importer, at a time when the country
is …

INDIA beat Korea to keep hopes alive
Rediff – India
India took a decisive step towards a semi-final spot with a 3-1 victory
over Korea in a crucial Pool E encounter of the Rabobank Men’s Junior
World Cup hockey …

EMERGING Mkt Stks Mixed: Taiwan, S Korea Dn; Tenaris Soars
Yahoo News – USA
… (KTC) was sliding 3.2% to $20.60, utility Korea Electric Power (KEP)
was off 2.3% at $15.64 and Kookmin Bank (KB) was off 1.3% at $45.80. …

NORTH Korea says it will not disarm nuclear weapons first
Daily Times – Lahore,Pakistan
SEOUL: North Korea restated Tuesday its rejection of US demands that it
first scrap its nuclear weapons to gain US rewards, casting a shadow over
prospects for …

SIGMATEL Establishes Korea Presence in Line with Aggressive …
Business Wire (press release) – San Francisco,CA,USA
SEOUL, Korea—(BUSINESS WIRE)—July 5, 2005—SigmaTel, Inc. (NASDAQ:SGTL),
a global leader in analog intensive, mixed-signal integrated …


BANK of Korea cuts 2005 economic growth
BusinessWeek – USA
4 9:48 PM ET South Korea’s central bank on Tuesday lowered its economic
growth forecast for 2005 to 3.8 percent from a December projection of
4 percent, citing …

REPRESENTATIVES Of United Religions Initiative Call For Peace In …
I-Newswire.com (press release) – USA
… Korean peninsula and by offering its members’ own experience and energies
as a resource for advancing the cause of reunification between South Korea
and North …


[THE Dawn of Modern Korea] (303) The Thing about Quiet Economics …
Korea Times – Seoul,South Korea
By Andrei Lankov. In the early 1930s the Japanese police in Korea were
on high alert, constantly looking for signs of communist subversion in
the colony. …

BOA dances past S.Korea-Japan strife to music fame
Boston Globe – Boston,MA,USA
… Born Kwon Bo-A in South Korea, the waif of a teenager has been called
a Korean Britney Spears and has outsold some of the biggest US stars in
Japan, the …

S Korea SK Engineering, GS Engineering Get $660M Order
Yahoo News – USA
SEOUL (Dow Jones)—South Korea’s SK Engineering & Construction Co. and
GS Engineering & Construction Corp. (006360.SE) have received …

S. Korea aims for growth boost
CNN International – USA
SEOUL, South Korea (Reuters) — South Korea expects economic growth in
the second half of this year to reach four to five percent from a year
ago, an online …


UN, North Korea informally discuss nuclear row
Daily Times – Lahore,Pakistan
… North Korea for over a year has boycotted talks seeking a diplomatic
solution and UN officials say they increasingly believe Pyongyang is determined
to keep …

REVIEW: North Korea
Blogcritics.org – USA
I promised some time ago a post on North Korea, or rather on Bruce Cuming’s
book of that title, and finally here it is. First, a digression. …


OPTIMISM raised on N. Korea talks, no date fixed
Reuters.uk – UK
The two-day closed academic conference gave the United States and North
Korea a rare opportunity to talk directly and later the State Department
said “the …


KOREA Investment Corp launches ops to manage SKorea’s forex …
Forbes – USA
SEOUL (AFX) – The Bank of Korea said Korea Investment Corp has officially
launched its operations today in order to more effectively manage the
huge foreign …

N. Korea May Return to Talks This Month, Japan Says (Update1)
Bloomberg – USA
July 1 (Bloomberg) — North Korea may return to talks on dismantling its
nuclear weapons program by the end of this month, Japanese government
spokesman …

KOREA’S Economy Is Losing Its Hold
Chosun Ilbo – Seoul,South Korea
The technological gap in the textile industry between Korea and China has
all but gone, and that means Chinese companies are pouring cheaper products
into our …

WMD chase: US targets N Korea, Iran, Syria firms
Times of India – New Delhi,India
… by the White House in an executive order that did not name specific
countries, but an annex to the decree listed three entities linked to
North Korea, four to …

SOUTH Korea’s disgraced sports czar Un-yong released from jail
Malaysia Star – Petaling Jaya,Malaysia
… He was released in October to pursue an appeal which ended in defeat
at South Korea’s Supreme Court, which upheld his conviction in January
but approved a …


SOUTH Korean Minister Chung Visits US to Discuss North Korea
Bloomberg – USA
… North Korea has stalled on returning to talks with the US, South Korea,
China, Japan and Russia aimed at dismantling its nuclear weapons program.


US military says can defeat nuclear-armed N.Korea
Reuters.uk – UK
SEOUL (Reuters) – US and South Korean forces can deter and defeat North
Korea even if the reclusive communist state has several nuclear weapons,
a senior US …

JAPAN Production Falls; South Korea’s Rises Less Than Expected
Bloomberg – USA
June 29 (Bloomberg) — Japan’s industrial production fell in May and South
Korea’s manufacturing grew less than expected as exports cooled and electronics


ARGENTINE Envoy Trumpets Strong Ties With Korea
Korea Times – Seoul,South Korea
… I. Rodriguez is soon to become a five-year man here in Seoul and, as
one of the more senior diplomats in the country, has much to say about
Korea and its people …

JAPAN emperor makes surprise stop at Korea memorial
Swissinfo – Bern,Switzerland
… journey, his first trip outside Japan to pay respects to war dead,
coincides with a deterioration in Japan’s ties with China and South Korea,
still tormented …

SINGAPORE firms explore opportunities in Korea’s logistics sector
Channel News Asia – Singapore
By Jeana Wong, Channel NewsAsia. SINGAPORE : A significant amount of goods
from smaller Chinese ports headed for Japan are passing through Korea
now. …

SEOUL looks to soften Cheney’s N. Korea views-paper
Reuters – USA
SEOUL (Reuters) – South Korea’s unification minister, who had a rare meeting
with North Korea’s leader this month, will try to convince Vice President
Dick …

JAPAN and North Korea: Bones of Contention
Reuters AlertNet – London,England,UK
Seoul/Brussels, 27 June 2005: Since North Korea badly needs help to revive
its economy, the prospect of normalised relations with Japan is a leading
incentive …

WTO rules against South Korea in chip row
Inquirer – Harrow,Middlesex,UK
THE World Trade Organisation (WoTo) has ruled that US duties on imports
of computer memory chips from South Korea are “sort of” AOK. …


S Korea set to suspend Deutsche Bank
Business Standard – India
Deutsche Bank is facing three months’ suspension from derivatives trading
in South Korea amid allegations it did not adequately advise state-run
companies …

S.KOREA provides additional fertiliser aid to North
Reuters AlertNet – London,England,UK
SEOUL, June 27 (Reuters) – South Korea will send more fertiliser to North
Korea to help the impoverished communist state battle chronic food shortages
caused …

S. Korea to Send Additional 150,000 Tons of Fertilizer to North
Bloomberg – USA
June 27 (Bloomberg) — South Korea agreed to send an additional 150,000
metric tons of fertilizer to North Korea to help ease food shortages in
the communist …


SOUTH Korea says biggest threat is North’s nuclear aims
Reuters.uk – UK
SEOUL (Reuters) – North Korea’s nuclear ambitions are the biggest threat
on the Korean peninsula, South Korean President Roh Moo-hyun said on Saturday,
urging …

CHINA, South Korea oppose fusion project perks for Japan – Kyodo
Reuters India – Mumbai,India
… incentives it wants in return for giving up its bid to build an experimental
nuclear fusion reactor due to opposition from China and South Korea, Kyodo
news …

INT’L whaling meeting concludes in S.Korea
Xinhua – Beijing,China
… The International Whaling Commission(IWC) closed its 57th annual plenary
meeting Friday, having approved a motion that let South Korea, China,
Japan and Russia …

SOUTH Korea honors 8 soldiers killed by comrade
Reuters – USA
SONGNAM, South Korea (Reuters) – South Korea gave eight soldiers killed
by a fellow conscript near the border with North Korea a military funeral
on Saturday …

KOREA dishes out $800m on RFID
Silicon.com – UK
Daeje Chin, the Korean Minister of Information and Communication, said
after several pilot projects the government believes RFID to be as important
as the …


US Says China Should Prod N. Korea on Talks
Washington Post – Washington,DC,USA
The Bush administration blamed China yesterday for not doing enough to
cajole North Korea back to nuclear talks but gave no indication it is
willing to revise …

UPDATE 1: Korea Composite Stock Price Index Lower
Forbes – USA
… market sentiment. The Korea Composite Stock Price Index, or Kospi,
fell 8.37 points, or 0.8 percent, to 1,002.43. “Investors bought …

KOREA, China to Boost Economic Cooperation
Korea Times – Seoul,South Korea
Finance-Economy Minister Han Duck-soo yesterday had the fifth Korea-China
economic ministers meeting with Ma Kai, commissioner of the National Development
and …

KOREA talks make little headway
BBC News – UK
… WFP, the UN food agency, welcomed the US contribution, but emphasised
that the threat of famine in North Korea was still far from averted. …


NORTH Korea says US must be friendly
Taipei Times – Taipei,Taiwan
North Korea said it wouldn’t need any nuclear weapons if the US treated
it like a friend as the isolated nation joined South Korea yesterday for
high-level …

EDITORIAL / Japan-S. Korea relations
Asahi Shimbun – Tokyo,Japan
Japan and South Korea normalized relations on June 22, 1965. But after
40 years of twists and turns, the current state of the relationship …

US to provide food to N. Korea
Boston Globe – Boston,MA,USA
WASHINGTON — The United States will donate more than 50,000 tons of food
to North Korea in what the Bush administration says is a humanitarian
decision …

N Korea asks South for more aid
BBC News – UK
By Charles Scanlon. North Korea has requested more food aid from South
Korea during ministerial talks in Seoul, the first for a year. …

SOUTH Korea steel maker Posco signs $12B India plant deal
MarketWatch – USA
… processing. Posco said it plans to import some of steel slabs produced
in India for its mills in South Korea and other countries. …

SOUTH Korea’s Key Index Rises 1.23 Pct.
Forbes – USA
… coming months. The Korea Composite Stock Price Index, or Kospi, ended
up 12.16 points, or 1.23 percent, at 1,002.15. “Institutions …

Asahi Shimbun – Tokyo,Japan
… Koizumi devoted most of his time at the news conference to stress the
need to advance Japan-South Korea’s exchanges and cooperation. …


NORTH Korea to Return to Nuclear Talks, Japan’s Koizumi Says
Bloomberg – USA
June 20 (Bloomberg) — Japanese Prime Minister Junichiro Koizumi said North
Korea will eventually return to the six-nation talks aimed at ending the
country’s …

DATABASE Displays N. Korea’s Verbal Artillery
Korea Times – Seoul,South Korea
By Reuben Staines. In the war of words between North Korea and the United
States, one side clearly has the bigger rhetorical artillery. …

ONLY Time Will Heal Korea-Japan Rift
Chosun Ilbo – Seoul,South Korea
The two leaders talked for more than four hours, but there was no rapprochement
over the key issues: Japanese territorial claims to Korea’s Dokdo islets


US suggests free trade pact with Korea
Washington Times – Washington,DC,USA
US Trade Representative Robert Portman cautiously advocated Monday a potential
free trade agreement with Korea, citing numerous economic benefits. …


NORTH Korea’s Kim says might give up missiles-South
Reuters – USA
SEOUL (Reuters) – North Korea will give up its missiles if the United States
establishes diplomatic ties with it, North Korean leader Kim Jong-il told
a South …

JAPAN, S. Korea look to mend ties
CNN International – USA
SEOUL, South Korea (Reuters) — Japanese Prime Minister Junichiro Koizumi
has arrived in Seoul on Monday for a meeting with South Korean President
Roh Moo-hyun …

N Korea’s Kim tries to turns on the charm
Taipei Times – Taipei,Taiwan
North Korea’s bespectacled ruler is famously reclusive. He turns his back
on visiting dignitaries. His own citizens almost never …

BULLIED S.Korea soldier runs amok, kills 8 comrades
Reuters – USA
… Kim, 21, who was arrested after the shooting, joined the army in December
2004 and was deployed to an army unit on the frontier with North Korea
in January …

8 troops die in S. Korea rampage
CNN International – USA
SEOUL, South Korea (CNN) — A South Korean soldier stationed along the
Korean demilitarized zone has gone on a shooting rampage, killing 8 of
his colleagues …

SOUTH Korea, Japan summit in ‘remains in doubt’ – Yonhap
Monsters and Critics.com – Glasgow,UK
Tokyo, 19 June: As South Korea and Japan prepared to hold a summit this
week and repair diplomatic damage caused by disputes over their shared
history and …

NOTABLE book fair brings Korea to Frankfurt’s stage
Indianapolis Star – Indianapolis,IN,USA
… “This year’s guest of honor, Korea, is . . . … The fair will include
films, photo exhibits and seminars from Korea that focus on its past,
present and future. …


NORTH Korea’s leader says he’ll return to nuclear talks
Minneapolis Star Tribune (subscription) – MN,USA
SEOUL, SOUTH KOREA — North Korean leader Kim Jong-il said Friday that
his communist nation could rejoin disarmament talks as soon as next month
and might …

KOREA’S Mobile Broadcasting Taps China
Korea Times – Seoul,South Korea
Korea’s video-on-the-go service will make a foray into the Chinese market
late this year, brightening the prospects of the homegrown technology
called …

KOREA, US hold 2nd trade talks
Korea Herald (subscription) – Seoul,South Korea
Korea and the United States on Thursday completed their second round of
talks to resolve trade issues, including a ban on US beef imports and
an anti-dumping …


N. Korea’s Kim Jong Il to Meet South’s Chung Amid Nuclear Row
Bloomberg – USA
Chung, who also serves as South Korea’s National Security Council chairman,
will delay his return to Seoul to meet with the North Korean leader, Kim
Hong Jae …

INTEL ties up with S.Korea’s KT on mobile Internet
San Diego Union Tribune – San Diego,CA,USA
… provide engineering support to ensure inter-operability between its
wireless data technology Mobile WiMAX and WiBro, a similar technology
South Korea plans to …

KOREA shifts approach on logistics-hub goal
Korea Herald (subscription) – Seoul,South Korea
Trying to redefine Korea as a logstics hub of Northeast Asia, the government
has stressed the nation?s strategic location, but it now wants the help
of Japan …


SOUTH Korea to arrest Daewoo’s ex-chair
… Kim, 69, revered as a giant of South Korea’s rush to industrialization
for turning Daewoo into one of the country’s most powerful chaebol, or
family-owned …

TERC may take up Indo-Korea ties next week
Financial Express – Bombay,India
… Indo-US ties, trade and economic relations committee (Terc) headed
by Prime Minister Manmohan singh is likely to discuss India’s relations
with Korea at its …

S. Korea Urges North To End Their Cold War
Guardian Unlimited – UK
SEOUL, South Korea (AP) – South Korea urged North Korea to help end their
Cold War as the two sides glossed over an international nuclear dispute
Wednesday to …

KOREA Rebuffs US Call to Lift Investment Cap on Telecom Firms
Korea Times – Seoul,South Korea
South Korea will remain committed to the current investment cap of banning
foreigners from controlling more than 49 percent of the nation’s telecom
companies …

MORE spam from EU, Korea in May 2005
Globes Online – Israel
“Our analysis shows that more and more spam is originating from the EU
and Korea,” said Commtouch product marketing director Oren Drori, adding
that there was …


FUGITIVE ex-Daewoo Group chairman returns to South Korea to face …
Canada.com – Canada
Kim Woo-choong, who fled South Korea in 1999, is accused of having falsified
Daewoo’s accounts to draw billions of dollars in illegal bank loans before


ELBARADEI urges N.Korea to abandon nuke arms
Xinhua – Beijing,China
He also said the organization would ensure all nuclear activities on North
Korea are exclusively for peaceful purposes, as well as addressing the
country’s …

THE sun is setting on North Korea
Financial Times – London,England,UK
… Kim Dae-jung, then South Korea’s president, won the Nobel peace prize
for what was hailed as a big breakthrough. But all was not as it seemed.


OFFICIAL Says US Won’t Do as N. Korea Demands
Los Angeles Times – CA,USA
WASHINGTON — A senior State Department official said Monday that he believed
North Korea wanted to return to six-nation talks on its nuclear weapons
program …

FUGITIVE Former Leader of Daewoo Returns to South Korea, Is …
Los Angeles Times – CA,USA
… one of Asia’s most notorious fugitives, immediately stirred intense
debate on how to deal with the man who represented South Korea’s miraculous
economic rise …

JAPAN’S Koizumi May Delay Meeting With S. Korea’s Roh (Update1)
Bloomberg – USA
June 14 (Bloomberg) — Japan’s Prime Minister Junichiro Koizumi may delay
a meeting with South Korea’s President Roh Moo Hyun after a fresh spat
over Japanese …

US sergeant who fled to North Korea returns home for first visit
Guardian Unlimited – UK
… so could have meant arrest, court martial and several years in prison
for the former staff sergeant, who abandoned his army unit and fled to
North Korea in 1965 …

U-KOREA envisions next chapter in digital revolution
Korea Herald (subscription) – Seoul,South Korea
Electronic communication has played an integral part in developing Korea’s
economy over the past four decades. Now with the country …


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