ID :
72679
Wed, 07/29/2009 - 13:46
Auther :
Shortlink :
https://oananews.org//node/72679
The shortlink copeid
Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency
on Tuesday.
-----------------
Kumho Asiana says its chairman to resign
SEOUL -- Kumho Asiana Group Chairman Park Sam-koo will step down from his post,
the South Korean conglomerate said Tuesday.
Park Chan-bup, vice chief of the group's airline division, was picked as new
chairman, Kumho Group said in a statement.
-----------------
(LEAD) President names candidate for prosecutor general for second time
SEOUL -- President Lee Myung-bak on Tuesday tapped the former head of a district
prosecutor's office as the new prosecutor general, his second nominee to the post
in just over a month.
The president also named Jeong Ho-yeol, a law professor at Sungkyunkwan
University, as new head of the Fair Trade Commission.
-----------------
(2nd LD) Watchdog finalizes KDB separation plan
SEOUL -- The government will separate the state-run Korea Development Bank (KDB)
into a policy lending body and a holding company in an effort to spur its
privatization, the financial watchdog said Tuesday.
The Financial Services Commission (FSC) said KDB will be split in October into
the two entities -- a policy financing institution to be named the Korea Public
Banking Corp. with 28 trillion won (US$22.6 billion) in assets and a holding
firm, which will retain its banking business.
-----------------
Foundation gives N. Korean defectors leg-up in capitalist South
PAJU -- North Korean defectors, most of whom risk death in fleeing from their
communist homeland, generally undergo a tumultuous period of adjustment upon
arriving in the capitalist South.
Many of them say securing employment is their biggest challenge and settle for
blue-collar jobs that don't require advanced education, according to government
reports.
-----------------
Opposition takes media law confrontation to streets ahead of court ruling
SEOUL -- The main opposition Democratic Party (DP) was poised to take to the
streets Tuesday to protest railroaded media law revisions, as their campaign to
nullify the legislation intensified with a legal battle.
Party members were set to stage street rallies near party headquarters in
southern Seoul and in Sinchon, a bustling college district, later Tuesday,
according to party officials.
-----------------
U.S. ratification of free trade accord 'matter of time': official
SEOUL -- The United States will focus on working to ratify the pending free trade
accord with South Korea later this year, Seoul's top trade official said Tuesday,
labeling the U.S. Congress's approval of the pact as a "matter of time."
The accord, known as the KORUS FTA, was signed in June 2007, but its ratification
in both countries has been stymied by disagreements on auto and beef trade.
-----------------
(Yonhap Interview) Moscow grave of Kim Jong-il's first wife evokes tale of tragic
romance
SEOUL -- A slim girl with a baby face whose smile gave her dimples and crinkled
the corners of her eyes -- this is how defector Kim Yong-sun remembers her old
friend, who fell in love with North Korea's crown prince and later died
heart-broken in Moscow.
Song Hye-rim, the first wife of North Korean leader Kim Jong-il, was a talented
movie actress with a warm, feminine disposition, says her friend, who knew her
for more than 20 years. These qualities won the heart of then heir apparent Kim
and sent her spinning into an out-of-wedlock romance before a fall into lonely
exile in Russia.
-----------------
(LEAD) Seoul shares inch up on foreign buying
SEOUL -- South Korean stocks closed 0.13 percent higher Tuesday as foreigners
continued their buying spree on hopes of positive U.S. consumer data, analysts
said. The local currency gained against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) inched up 1.98 points to
1,526.03 in range-bound trading. Volume was moderate at 422.7 million shares
worth 5.49 trillion won (US$4.41 billion), with advancers outpacing decliners 447
to 365.
(END)
The following is the second summary of major stories moved by Yonhap News Agency
on Tuesday.
-----------------
Kumho Asiana says its chairman to resign
SEOUL -- Kumho Asiana Group Chairman Park Sam-koo will step down from his post,
the South Korean conglomerate said Tuesday.
Park Chan-bup, vice chief of the group's airline division, was picked as new
chairman, Kumho Group said in a statement.
-----------------
(LEAD) President names candidate for prosecutor general for second time
SEOUL -- President Lee Myung-bak on Tuesday tapped the former head of a district
prosecutor's office as the new prosecutor general, his second nominee to the post
in just over a month.
The president also named Jeong Ho-yeol, a law professor at Sungkyunkwan
University, as new head of the Fair Trade Commission.
-----------------
(2nd LD) Watchdog finalizes KDB separation plan
SEOUL -- The government will separate the state-run Korea Development Bank (KDB)
into a policy lending body and a holding company in an effort to spur its
privatization, the financial watchdog said Tuesday.
The Financial Services Commission (FSC) said KDB will be split in October into
the two entities -- a policy financing institution to be named the Korea Public
Banking Corp. with 28 trillion won (US$22.6 billion) in assets and a holding
firm, which will retain its banking business.
-----------------
Foundation gives N. Korean defectors leg-up in capitalist South
PAJU -- North Korean defectors, most of whom risk death in fleeing from their
communist homeland, generally undergo a tumultuous period of adjustment upon
arriving in the capitalist South.
Many of them say securing employment is their biggest challenge and settle for
blue-collar jobs that don't require advanced education, according to government
reports.
-----------------
Opposition takes media law confrontation to streets ahead of court ruling
SEOUL -- The main opposition Democratic Party (DP) was poised to take to the
streets Tuesday to protest railroaded media law revisions, as their campaign to
nullify the legislation intensified with a legal battle.
Party members were set to stage street rallies near party headquarters in
southern Seoul and in Sinchon, a bustling college district, later Tuesday,
according to party officials.
-----------------
U.S. ratification of free trade accord 'matter of time': official
SEOUL -- The United States will focus on working to ratify the pending free trade
accord with South Korea later this year, Seoul's top trade official said Tuesday,
labeling the U.S. Congress's approval of the pact as a "matter of time."
The accord, known as the KORUS FTA, was signed in June 2007, but its ratification
in both countries has been stymied by disagreements on auto and beef trade.
-----------------
(Yonhap Interview) Moscow grave of Kim Jong-il's first wife evokes tale of tragic
romance
SEOUL -- A slim girl with a baby face whose smile gave her dimples and crinkled
the corners of her eyes -- this is how defector Kim Yong-sun remembers her old
friend, who fell in love with North Korea's crown prince and later died
heart-broken in Moscow.
Song Hye-rim, the first wife of North Korean leader Kim Jong-il, was a talented
movie actress with a warm, feminine disposition, says her friend, who knew her
for more than 20 years. These qualities won the heart of then heir apparent Kim
and sent her spinning into an out-of-wedlock romance before a fall into lonely
exile in Russia.
-----------------
(LEAD) Seoul shares inch up on foreign buying
SEOUL -- South Korean stocks closed 0.13 percent higher Tuesday as foreigners
continued their buying spree on hopes of positive U.S. consumer data, analysts
said. The local currency gained against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) inched up 1.98 points to
1,526.03 in range-bound trading. Volume was moderate at 422.7 million shares
worth 5.49 trillion won (US$4.41 billion), with advancers outpacing decliners 447
to 365.
(END)
