ID :
52951
Mon, 03/30/2009 - 20:31
Auther :

Yonhap News Summary

Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency
on Monday.

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(LEAD) U.S. not to intercept N. Korean rocket: Gates
WASHINGTON -- The United States will not shoot down the rocket set to be fired by
North Korea in early April unless it is approaching the United States, Secretary
of Defense Robert Gates said Sunday.
"I think if we had an aberrant missile, one that was headed for Hawaii, that
looked like it was headed for Hawaii or something like that, we might consider
it," Gates told "FOX News Sunday." "But I don't think we have any plans to do
anything like that at this point."
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N. Korean rocket shown fully mounted in commercial satellite image
SEOUL -- A U.S. research institute has disclosed the latest commercial satellite
image that shows North Korea's rocket mounted onto a launch pad on the country's
east coast.
The image, photographed by DigitalGlobe Sunday morning (Korean time) and obtained
by the Washington-based Institute for Science and International Security (ISIS),
shows the three-stage rocket apparently free of any covering and casting a thick
shadow.
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(LEAD) S. Korea opposes military action against N. Korea: president
SEOUL -- South Korea opposes taking any military action against North Korea's
missile launch though some countries are "rightly" concerned over the safety of
their own citizens due to threats from the launch of what North Korea claims to
be a communications satellite, South Korean President Lee Myung-bak said Monday.
"What I do oppose is to militarily respond to these kind of actions because it is
also not in their interest to test-fire anything," the South Korean president
said in an interview with the British Newspaper Financial Times.
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(News Focus) Lee, Obama summit likely to focus on N. Korea, global economic recession
WASHINGTON -- The first summit meeting between South Korean President Lee
Myung-bak and his U.S. counterpart Barack Obama in London next week will likely
focus on tackling the worst global economic recession in decades and North
Korea's nuclear and missile threats.
Lee will meet with Obama bilaterally Thursday on the sidelines of the G20
economic summit, the second of its kind since world leaders gathered in November
to combat the worst global economic crisis in decades.
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(2nd LD) S. Korea's current account swings to surplus in Feb.
SEOUL -- South Korea's current account swung to a surplus in February due to a
sharp fall in imports and the country is likely to post a record surplus for
March, the central bank said Monday.
The current account surplus reached US$3.68 billion in February, a turnaround
from a revised $1.64 billion deficit the previous month, the Bank of Korea (BOK)
said in a report. The February figure marked the largest surplus since October
2008 when the current account surplus reached a record $4.75 billion.
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Gov't to push for ratification of Korea-EU FTA within this year
SEOUL -- South Korea aims to ratify a free trade deal with the European Union by
the end of this year and start to enforce the pact from the first quarter of next
year, government officials said Monday.
The broad timetable for Korea-EU FTA was unveiled after the government held a
free trade task force meeting earlier in the day. according to the Ministry of
Strategy and Finance. The meeting was presided over by Finance Minister Yoon
Jeung-hyun.
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(LEAD) Korean banks' deposit rate dips to 13-year low in Feb.
SEOUL -- South Korean banks' deposit rate fell to the lowest level in more than
13 years in February due to steep cuts in the key interest rate, the central bank
said Monday.
The average deposit rate for households and companies reached 3.23 percent last
month, down 0.93 percentage point from a month earlier, according to the Bank of
Korea (BOK). It marked the lowest level since January 1996 when the central bank
began to compile related data.
(END)

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