Korea News Links
Web www.williambowles.info
18 MAY- 12 JUNE 2005


S. Korea optimistic nuclear talks will resume
Jerusalem Post – Jerusalem,Israel
South Korea’s president said Monday he was certain international nuclear
talks with North Korea would resume and called for more flexibility in
offering …

KOREA sees 3% growth in quarter
International Herald Tribune – France
SEOUL South Korea’s economy will expand about 3 percent in the second quarter
from a year earlier as Asia’s third-largest economy continues to show
a recovery …

EX-DAEWOO chief facing arrest in South Korea this week
Channel News Asia – Singapore
SEOUL: The former head of South Korea’s Daewoo Group, Kim Woo-Choong, is
expected to return home and face arrest this week after an exile of nearly
six years …

S.KOREA to Offer `Important Proposal’ to North on Nuclear Issue
Bloomberg – USA
June 13 (Bloomberg) — South Korean President Roh Moo Hyun reiterated his
government is ready to make an ``important proposal’’ to North Korea to
get the …

KOREA Suspends Recruitment of Indonesian Labor
Chosun Ilbo – Seoul,South Korea
Korea has suspended recruitment of laborers from Indonesia from early this
month after 500 laborers arrived three months later than agreed although
they had …

UW professor holds North Korea talks
Seattle Times – Seattle,WA,USA
A University of Washington professor has done what US political leaders
have failed to do for more than a year: hold talks in North Korea aimed
at averting a …

DAEWOO’S Former Exec May Return to S.Korea
MSN Money – USA
SEOUL, South Korea (AP) – The fugitive former chairman of South Korea’s
collapsed Daewoo Group conglomerate is expected to return home this week
after fleeing …

IRAN reportedly in talks with N Korea over nuclear facilities
Japan Today – Tokyo,Japan
LONDON — Iran is secretly negotiating with North Korea to build a network
of underground bunkers to conceal its clandestine nuclear weapons project,
the …

ANALYSIS – North Korea nuclear test would spur neighbours
Reuters India – Mumbai,India
TOKYO(Reuters) – A move by North Korea to test a nuclear bomb would prompt
its Asian neighbours to seriously debate arming themselves with nuclear
weapons …

US military in S.Korea stops non-essential training
Reuters India – Mumbai,India
SEOUL (Reuters) – The commander of the US military based in South Korea
on Saturday ordered the suspension of all non-essential training and services
for a …


BUSH, Roh Project Unity on N. Korea
Los Angeles Times – CA,USA
… Yet though the two again called for a resumption of the six-nation
talks on North Korea’s nuclear weapons program, in a brief appearance
before reporters they …

GAPS dog history study with South Korea
The Japan Times – Japan
Japan and South Korea released a full-scale report on their joint history
research Friday, detailing huge gaps in perception on key events that
have repeatedly …

HEAD of Korea Investment Corp. to be named soon
Korea Herald (subscription) – Seoul,South Korea
The short list of candidates for a head of the Korea Investment Corp.,
a state-run investment body, is believed to have included three Korean
senior executives …

KOREA to send investment mission to Japan
Asia Times Online – Kowloon,Hong Kong
SEOUL – South Korea will send a joint delegation of government, labor and
business representatives to Japan next week to attract investment in the
high-tech …

SEOUL upbeat on N. Korea return to talks
Kansas City Star – MO,USA
TOKYO – (KRT) – South Korean Defense Minister Yoon Kwang Ung expects North
Korea will return to six-way talks on its nuclear programs “within two
or three weeks …


WANTED: A Roadmap for North Korea
YaleGlobal Online – CT,USA
As North Korea indicates a tentative, lukewarm interest in returning to
negotiations over its nuclear weapons program, one thing is clear: Washington’s


CONFIDENCE falls in South Korea
International Herald Tribune – France
SEOUL As the government reported that South Korea’s consumer confidence
fell in May to a four-month low, the central bank on Thursday kept its
benchmark …

N Korea has nuclear bombs, building more: official
Sify – Taramani,Chennai,India
Washington: North Korea has a stockpile of nuclear bombs and is building
more such weapons, the country’s vice foreign minister Kim Gye Gwan said
in a US …

KOREA’S GDP Ranks World’s 10th Largest
Korea Times – Seoul,South Korea
By Kim Yon-se. South Korea has become the world’s 10th largest economy
in terms of the gross domestic product (GDP) in 2004, overtaking Mexico.



NORTH Korea Must Set Date for Nuclear Discussions, South Says
Bloomberg – USA
June 8 (Bloomberg) — North Korea needs to set a date for talks aimed at
dismantling the communist nation’s nuclear weapons before other nations
take its …

KWAK to Step Down From Korea Express Top Post
Korea Times – Seoul,South Korea
According to Korea Express yesterday, Kwak expressed his intent to step
down from the top post at a recent board of directors meeting as the logistics
firm has …

CLONING Star Calls Research Success a Blessing for Korea
Chosun Ilbo – Seoul,South Korea
Hwang Woo-suk has said his team’s success in stem cell research is Heaven’s
way of making up to Korea for the sufferings of history. …

KOREA First Bank set to unveil new name
Korea Herald (subscription) – Seoul,South Korea
Korea First Bank, the nation’s smallest lender, will soon unveil the new
name of its combined operations with London-based Standard Chartered Bank,
industry …

WHITE House Report, June 7: Africa, North Korea, China
US Dept of State (press release) – Washington,DC,USA
… McClellan said the United States remains hopeful that North Korea will
soon return to the Six-Party Talks, which also include China, Russia,
Japan and South …


N. Korea `a Step’ Closer to Nuclear Talks, Japan Says (Update2)
Bloomberg – USA
June 7 (Bloomberg) — North Korea moved ``a step’’ closer to returning
to talks on dismantling its nuclear weapons after representatives from
the country met …

KOREA Exchange to sell less than 30% of shares in IPO
Malaysia Star – Petaling Jaya,Malaysia
SEOUL: Korea Exchange, operator of Asia’s sixth-largest stock market, plans
to sell less than 30% of its shares in its initial public offering next
year …

US, North Korea Discuss Restarting Nuclear Talks, US Says
Bloomberg – USA
June 6 (Bloomberg) — US and North Korean officials met today in New York
to discuss North Korea’s nuclear program, State Department spokesman Sean
McCormack …

FANS are persona non grata as North Korea ‘hosts’ Japan in …
Canada.com – Canada
… The decision came after fans in North Korea rioted after a World Cup
qualifying loss to Iran at Pyongyang. FIFA ordered North Korea …

ŒNO fast-track decision on North Korea UNSC referral’
Indian Express – New Delhi,India
BANGKOK, JUNE 6: US defense Secretary Donald Rumsfeld on Monday played
down the possibility of a quick decision to take the North Korea nuclear
issue to the …


NORTH Korea Is Reported to Hint About a Return to Nuclear Talks
New York Times – New York,NY,USA
WACO, Tex., June 5 – North Korea has contacted the Bush administration
in recent days in what American officials believe could be the first indications
that …

KOREA Exchange to Sell Less Than 30% of Shares in IPO, Lee Says
Bloomberg – USA
June 6 (Bloomberg) — Korea Exchange, operator of Asia’s sixth-largest
stock market, plans to sell less than 30 percent of its shares in its
initial public …

KOREA Gas, Asian Utilities May Pay More for Gas on US Demand
Bloomberg – USA
… Bloomberg) — Liquefied natural gas prices in Asia may rise more than
75 percent over the next five years, increasing costs for companies such
as Korea Gas Corp …

US warns N. Korea shift to UN is in view
International Herald Tribune – France
SEOUL The United States said Sunday that it would be likely to decide within
weeks on whether to take a nuclear weapons dispute with North Korea to
the UN …


WE Need to Talk to North Korea
Washington Post – Washington,DC,USA
By Susan E. Rice. “That horse is out of the barn,” said actor and former
Republican senator Fred Thompson when asked about North Korea’s nuclear
program. …

N. Korea Assails Cheney, Then Is Friendly to Bush
Los Angeles Times – CA,USA
SEOUL — North Korea called Vice President Dick Cheney a “bloodthirsty
beast” Thursday and said his recent remarks labeling ruler Kim Jong Il
irresponsible …


S. Korea’s intelligence chief offers to step down
People’s Daily Online – Beijing,China
South Korea’s intelligence chief has tendered his resignation, citing health
reasons, according to informed sources Wednesday. President …


APEC trade ministers meeting kicks off in S.Korea
Xinhua – Beijing,China
JEJU ISLAND, South Korea, June 2 (Xinhuanet) — The meeting of APEC (Asia-Pacific
Economic Cooperation) ministers responsible for trade kicked off its two-day


CHINA, US come at N. Korea from different angles
USA Today – USA
China’s growing economic stake in North Korea is complicating US efforts
to isolate that country as it continues to build a nuclear arsenal. …


GOLAR LNG Q1 net up on Korea Line profits; bearish on LNG vessel …
Forbes – USA
OSLO (AFX) – Golar LNG Ltd reported increased first quarter net profit,
driven by improved earnings at its 21 pct-owned affiliate Korea Line.


TROOP remains can never be recovered, N.Korea says
ABC News – USA
Jun 1, 2005 — SEOUL (Reuters) – Remains of American soldiers killed in
North Korea during the 1950-53 Korean war can never be recovered, Pyongyang
has said …



US and S Korea meet on nuclear crisis
Financial Times – London,England,UK
South Korea’s top security officials flew to Washington yesterday to seek
ways to resume stalled six-party talks on North Korea’s nuclear crisis.


US Says It Intercepted Nuclear Material for North Korea, Iran
Bloomberg – USA
June 1 (Bloomberg) — The US and its allies intercepted 11 shipments of
nuclear materials destined for North Korea and Iran in the past nine months,
under a …


CHENEY launches tirade against N Korea
Telegraph.co.uk – London,England,UK
Vice-president Dick Cheney stepped up America’s war of words with North
Korea yesterday by calling it a police state run by an irresponsible leader
indifferent …

SAMSUNG Delivers Mobile Digital TV to Korea Using Texas …
Yahoo News (press release) – USA
DALLAS, May 30 /PRNewswire-FirstCall/ — From Texas to Korea, mobile phones
are becoming pocket-size mobile entertainment centers on-the-go. …

ECONOMIC Slump Haunts Korea
Korea Times – Seoul,South Korea
… of domestic demand is not compensating for the slowdown in external
demand,’’ Barclays Capital senior economist Dominique Dwor-Frecaut told
The Korea Times …

YACHI’S comments will harm South Korea-Japan summit
Xinhua – Beijing,China
However, he said the summit is a good opportunity for South Korea and Japan
to discuss bilateral relations. Yachi reportedly said …


JOHN Tsang to attend APEC meeting in Korea
Xinhua – Beijing,China
HONG KONG, May 29 (Xinhuanet) — Hong Kong Secretary for Commerce, Industry
& Technology John Tsang will depart for Korea Tuesday to attend the Asia-Pacific


S. Korea’s April Production Unexpectedly Falls 1.7% (Update2)
Bloomberg – USA
May 30 (Bloomberg) — South Korea’s industrial production unexpectedly
fell in April as a rising local currency slowed export growth. …

SOUTH Korea May Lift Ban on US Beef `Soon,’ Korea Times Says
Bloomberg – USA
May 30 (Bloomberg) — South Korea may decide to reopen its beef market
to US imports as early as next month as concerns over safety from mad-cow
disease have …

CHONGQING-S.KOREA trade week opens
Xinhua – Beijing,China
BEIJING, May 30 — The city of Chongqing in southwest China has kicked
off a ‘Friendly Week’ to promote trade with South Korea. …


S Korea and neighbours in currency swap accord
Financial Times – London,England,UK
South Korea yesterday signed currency swap agreements with Japan and China
to provide each other with short-term liquidity in times of financial
need. …

AZLAN Shah: Pak beat S Korea
NDTV.com – New Delhi,India
Pakistan defeated South Korea 3-2 in the Sultan Azlan Shah Cup hockey tournament
in Kuala Lumpur. This was their second win of the tournament. …

S.KOREA, DPRK agree on ministerial delegations to joint …
Xinhua – Beijing,China
SEOUL, May 28 (Xinhuanet) — South Korea and the Democratic People’s Republic
of Korea (DPRK) agreed on Saturday to each send a 20-member delegation,
headed by …

SLOVAKIA to Boost Relations With S. Korea
Korea Times – Seoul,South Korea
By Yoon Won-sup. Slovak Prime Minister Mikulas Dzurinda has expressed hope
that Slovakia and South Korea will upgrade their relationship in various
fields. …

KOREA, Slovakia hold summit talks
Korea Herald (subscription) – Seoul,South Korea
… Dzurinda replied he was deeply impressed by Korea’s beauty and history
and expected the visit to be a stepping stone to greater exchanges. …

KOREA, Japan, China Sign Currency Swaps
Korea Times – Seoul,South Korea
The Bank of Korea (BOK) signed agreements with the central banks of Japan
and China to swap the won with yen and yuan, setting the ground for the
three major …

US sends mixed messages in N. Korea dispute
Reuters AlertNet – London,England,UK
WASHINGTON, May 27 (Reuters) – Amid increasing concern over North Korea’s
nuclear ambitions, the United States is sending mixed messages about its
intentions …

KOREA hold Australia to 3-3 draw
Outlook (subscription) – New Delhi,India
Olympic champions Australia rallied to hold Asiad gold medalists South
Korea 3-3 in a pulsating encounter in the Azlan Shah Cup here today. …

UN says North Korea’s food shortage crisis growing worse
Daily Times – Lahore,Pakistan
SEOUL: A food shortage crisis in North Korea is growing more severe by
the day and the communist state is dispensing “starvation rations” to
its population …


PENTAGON making plans if N.Korea abandons talks
Reuters – USA
WASHINGTON (Reuters) – The Pentagon said on Thursday it was preparing for
the possibility that North Korea had decided to abandon six-party nuclear
talks and a …

NORTH Korea dresses up another reform drive with a fashion show
Telegraph.co.uk – London,England,UK
South Korean models have taken to the catwalk in North Korea in the latest
attempt by the Stalinist dictatorship to boost its economy and international
image. …

US: North Korea Running Out of Time to Join Talks
Voice of America – USA
By Stephanie Ho. US officials say time is running out for North Korea to
re-join six nation talks aimed at resolving the North Korean nuclear crisis.


OSCODA man recalls military duty in Korea, Vietnam
Oscoda Press – Oscoda,MI,USA
… took part in the 1952 Christmas Eve, Christmas morning bombings of
the demilitarized zone or DMZ, a small strip of land separating South
Korea and North Korea. …

US stealth jets deployed to South Korea
Reuters India – Mumbai,India
HOUSTON (Reuters) – The US Air Force has ordered 15 of its F-117A Nighthawk
stealth fighter jets to South Korea as tensions increase on the peninsula
with the …


KOREA introduces new stock index
Korea Herald (subscription) – Seoul,South Korea
The Korea Exchange (KRX), Korea’s newly merged bourse, yesterday unveiled
a new benchmark index that is expected to better represent the nation’s
stock market. …

S. Korea, Brazil agree to expand cooperation
Korea Herald (subscription) – Seoul,South Korea
President Roh expressed pleasure toward the development being made between
Korea and Mercosur, South America’s common market, on trade exchanges
in energy and …

SOUTH Korea’s stem cell kings may have been dethroned
Indian Express – New Delhi,India
PARIS, MAY 25: Less than a week after a South Korean team announced a major
breakthrough in stem cell research, American rivals may have already gone
one better …

CHINA warns North Korea over nuclear tests
NEWS.com.au – Australia
By Peter Alford. CHINA has reportedly warned its ally North Korea of the
“grave consequences” of conducting a nuclear weapons test. …

[THE Dawn of Modern Korea] (296) The `Chosun’ Few
Korea Times – Seoul,South Korea
… is the legitimate heir to an old building that stood on the same lot
from 1914-1967, and first introduced the tradition of the luxurious grand
hotel to Korea. …


SOUTH Korea’s Roh to meet Bush in June, discuss North Korea
Reuters India – Mumbai,India
… President Roh Moo-hyun will meet US President George W. Bush on June
10 in Washington to discuss ways to revive stalled talks on North Korea’s
nuclear arms …

CHINA sees no sign of N Korea nuclear test
Stuff.co.nz – Wellington,New Zealand
BEIJING: China has no evidence to suggest North Korea will conduct a nuclear
test, a senior foreign ministry official said yesterday, adding that the
next six …

SOUTH Korea hosts a global forum on reinventing government
MaldivesInfo (press release) – Male,Maldives
South Korea hosts a global forum on reinventing government in Seoul. South
Korea hosted a global forum on reinventing government …

US Market Interest Rates Outstrip Korea’s
Chosun Ilbo – Seoul,South Korea
… Yields on five-year Treasury Notes were 3.84 percent, 0.03 percentage
points higher than Korea’s. Although US yields on 10-year …

FOREIGN Firms’ Contribution to Korea’s Total Sales Reaches 11%
Korea Times – Seoul,South Korea
… Top four industries where exports by foreign companies in Korea exceeded
imports are electronics, chemicals, automobile and general machinery.



US signals impatience on N Korea nuclear talks
Reuters AlertNet – London,England,UK
BRUSSELS, May 23 (Reuters) – The United States is committed to resuming
six-way talks on ending North Korea’s nuclear arms development but would
pursue other …

Korea Herald (subscription) – Seoul,South Korea
… the Global Forum on Reinventing Government, both domestic and foreign
experts will examine and evaluate the innovative methods of governance
in Korea, the host …

KOREA to Open 10 Professional Sectors
Chosun Ilbo – Seoul,South Korea
… says the plan would not greatly affect the local professional market
since Korean law already allows professionals in the sectors to work in
Korea if they have …

KOREA Dongkuk Steel To Join $750M Brazil Plant Project-2
Yahoo News – USA
SEOUL (Dow Jones)—South Korea’s Dongkuk Steel Mill Co. (001230.SE) said
Monday that it will sign a memorandum of understanding …


N. Korea Will Convey Response to US Stance on Nuclear Issue
Bloomberg – USA
May 23 (Bloomberg) — North Korea’s government is considering the US stance
toward it and will convey its response after officials from both sides
met 10 days …

S. Korea Will Become Most Aged Society in 2050
Korea Times – Seoul,South Korea
South Korea is forecast to record the world’s highest proportion of senior
citizens in 2050 with the younger generations having to shoulder heavier
burdens …

KOREA-JAPAN Summit Set for June 20
Chosun Ilbo – Seoul,South Korea
The Korean and Japanese governments are making preparations for a meeting
of President Roh Moo-hyun and Prime Minister Junichiro Koizumi in Seoul
on June 20 …

SOUTH Korea’s Won Declines on Speculation Central Bank to Sell
Bloomberg – USA
May 23 (Bloomberg) — South Korea’s won fell to a one-week low on speculation
the central bank will sell its currency to maintain export competitiveness
with …

SHIPS make history in Korea
Ireland Online – Dublin,Ireland
North Korean cargo ships are docking in South Korea for the first time
in 21 years to pick up fertiliser for the impoverished country. …


North Korea Says It’s Extracted Nuclear Rods
NewsReleaseWire.com (press release) – USA
SEOUL—North Korea says it has finished extracting spent nuclear fuel rods
from a reactor, allowing it to harvest more weapons-grade plutonium and
“bolster …

S.KOREA Starts Sending Fertilizer Aid to North
Chosun Ilbo – Seoul,South Korea
South Korea has started sending fertilizer aid to North Korea. Seoul finalized
plans to send 200,000 tons of fertilizer to Pyongyang …


NORTH Korea offers US a chance to knock out reactor
Sydney Morning Herald (subscription) – New South Wales,Australia
As North Korea suggests it may soon carry out a nuclear test, a leading
nuclear arms control expert is warning that the US could be tempted to
strike the …

SOUTH Korea’s Kim Quits as IOC Vice President
Los Angeles Times – CA,USA
… but was elected in 2003 to a new four-year vice presidency.Last January,
however, he was suspended from all his IOC privileges after his arrest
in South Korea. …

US Denies Cutting Off Food Aid to North Korea
Voice of America – USA
The Bush administration Friday denied a news report it had halted food-aid
shipments to North Korea and may not provide any such assistance this
year. …


MEETING With N. Korea Yields Little
Los Angeles Times – CA,USA
… had requested the meeting, held May 13, to clarify its position on
how to restart long-stalled talks involving the United States, North Korea,
South Korea …

DENYING reports, S Korea to continue intervention
Taipei Times – Taipei,Taiwan
South Korea’s central bank yesterday denied a report that it would stop
intervening in the currency markets, saying it would continue to do so
to contain …

S Korea economy grew slower than expected
Financial Times – London,England,UK
… Bank of Korea Governor Park Seung said last week the slowdown in year-on-year
growth was attributable to a fall in tobacco production, as smokers consumed
less …

KOREA’S Cloning King in Stem Cell Breakthrough
Chosun Ilbo – Seoul,South Korea
Korea’s “king of cloning”, Prof. Hwang Woo-suk of Seoul National University,
has once again shaken the scientific world after …

KOREA to host UN high-tech center: Roh
Korea Herald (subscription) – Seoul,South Korea
… an international training facility for information technology in Incheon,
the first subsidiary body of the United Nations to be based in Korea,
President Roh …


SOUTH Korea enticing North with new proposal
Daily Times – Lahore,Pakistan
SEOUL: South Korea said on Wednesday it would champion a “more acceptable”
deal for North Korea to drop its nuclear weapons ambitions in a bid to
break the …

SOUTH Korea may pick new broadband operator
Malaysia Star – Petaling Jaya,Malaysia
SEOUL: South Korea may select a third operator to offer high-speed wireless
Internet services after the country’s second-largest broadband operator


MEMORIAL for NZ servicemen to be constructed in Korea
Stuff.co.nz – Wellington,New Zealand
New Zealand service men and women who served in Korea are to be recognised
with a memorial at the United Nations Memorial Cemetery in the South Korean
city …

SUN Deals Java in Korea
InternetNews.com – USA
Sun Microsystems (Quote, Chart) signed a multi-million dollar deal with
Korea Telecom to create an advanced broadband network in South Korea,
officials said …

KOREA has best intent toward foreign investors
Korea Herald (subscription) – Seoul,South Korea
Korea’s recent moves to strengthen disclosure rules over stock holdings
are aimed at boosting transparency and fairness in the local financial
market, not …


NORTH, South Korea Fail to Reach Agreement; Plan to Meet Again
Bloomberg – USA
May 18 (Bloomberg) — North Korea and South Korea failed to agree on a
joint statement for their first bilateral talks in 10 months after the
Northern side …

`REPUBLIC of Samsung’ Builds Up in Korea
Korea Times – Seoul,South Korea
By Kim Tae-gyu. This is the second in a two-part story on the nation’s
biggest conglomerate Samsung Group and its influence on Korea. …

PUSH North Korea toward real reform By MICHAEL O’HANLON and JACK …
The Japan Times – Japan
WASHINGTON — As Assistant Secretary of State Christopher Hill returns
to Northeast Asia for talks with US allies on North Korea’s nuclear program,
the future …

SOUTH Korea suggests new offer if North agrees to six-party talks
Channel News Asia – Singapore
This comes as North Korea held senior level talks with South Korea today
for the first time in nearly a year as cautious officials hoped the move
could prompt …


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