ID :
187708
Fri, 06/10/2011 - 12:46
Auther :

Yonhap News Summary

The following is the second summary of major stories moved by Yonhap News Agency on Friday.

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(LEAD) Seoul shares slump 1.19 pct on surprise rate hike
SEOUL -- South Korean stocks finished 1.19 percent lower on Friday as the central bank's surprise rate hike weighed down investor sentiment amid a lack of upward momentum, analysts said. The local currency inched up against the U.S. dollar.
After opening higher, the benchmark Korea Composite Stock Price Index (KOSPI) dropped 24.75 points to 2,046.67. Trading volume was moderate at 262.6 million shares worth 7.07 trillion won (US$6.5 billion), with losers outnumbering gainers 536 to 283.
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(LEAD) U.S. supports S. Korea's policy on N. Korea: Campbell
SEOUL -- The United States supports South Korea's view that inter-Korean dialogue should take place before the resumption of talks between Washington and Pyongyang or the stalled six-party denuclearization talks, a senior Washington official said Friday.
"We believe that the essential approach that South Korea has laid out is the right one. We would like to see a resumption of talks and dialogue, but we also believe that the South Korean approach will bear fruit," Assistant Secretary of State Kurt Campbell told reporters.
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Unification Ministry to open security center to cope with cyber attacks
SEOUL -- The Unification Ministry said Friday that it plans to open a cyber security center, as Seoul is strengthening security to cope with possible attacks from North Korea and other hackers.
The center will be used to detect signs of cyber attacks in cooperation with other agencies before hackers cripple computer networks and steal sensitive information, the ministry said.
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(LEAD) College students set to rally for tuition cuts
SEOUL -- College students, civic groups and opposition parties prepared to hold a large-scale rally in central Seoul on Friday to demand that the government take steps to lower tuitions amid concern the protest could lead to a clash with police.
The planned demonstration is expected to be the largest in a series of candlelight vigils that college students have held in recent weeks to call for lower tuitions. Organizers estimated that tens of thousands of people would turn out for the protest.
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S. Korea to build eco-friendly thermal power plant
SEOUL -- South Korea will build a new 2,000 megawatt eco-friendly thermal power plant on its east coast that will not release any carbon dioxide (CO2) into the atmosphere, a state-run power company said Friday.
Korea Southern Power Co. (KOSPO) said that it will spend 3.2 trillion won (US$2.96 billion) to build the two advanced 1,000 megawatt turbines at Samcheok Green Power Plant by December 2015.

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