(ATTN: ADDS more details in last four paras)
SEOUL, May 14 (Yonhap) -- POSCO, the world's fourth-largest steelmaker, said

NORTH KOREA NEWSLETTER NO. 54 (May 14, 2009)

*** INTER-KOREAN RELATIONS

N. Korea Steps up Military Training on Western Border

SEOUL, May 14 (Yonhap) -- Asiana Airlines Inc., South Korea's second-largest
carrier, said Thursday that it swung to loss in the first quarter of the year on

SEOUL, May 14 (Yonhap) -- South Korean stocks traded down 1.63 percent late
Thursday morning, dragged by overnight U.S. losses, analysts said.

NORTH KOREA NEWSLETTER NO. 54 (May 14, 2009)

*** NEWS IN BRIEF (Part 2)

N. Korea Says There Will Be No Talks with S. Korean Government

SEOUL, May 14 (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.

NORTH KOREA NEWSLETTER NO. 54 (May 14, 2009)

*** NEWS IN BRIEF (Part 1)

North Korea Says No Flu Cases, Stockpiling Medicine

*** TOPIC OF THE WEEK

Bilateral Dialogue Possible Despite N.K. Rhetoric Against Obama

SEOUL, May 14 (Yonhap) -- South Korea's baseball governing body said Thursday
that foreign players in the local pro league will be subject to drug testing.

SEOUL, May 14 (Yonhap) -- A South Korean naval unit patrolling in pirate-plagued
Somali waters has rescued an Egyptian-registered vessel from being hijacked, the