ID :
84294
Mon, 10/12/2009 - 23:33
Auther :
Shortlink :
https://oananews.org//node/84294
The shortlink copeid
Yonhap News Summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency
on Monday.
-----------------
(2nd LD) Seoul proposes inter-Korean talks on preventing border river flooding
SEOUL -- South Korea on Monday proposed holding talks with North Korea on
Wednesday to discuss ways to prevent flooding of the Imjin River that runs across
the western section of the inter-Korean border.
The talks, if realized, will be focused on preventing the recurrence of the
North's sudden water discharge from an upstream dam in September that left six
people dead, said the official, asking anonymity.
-----------------
(LEAD) Seoul's Red Cross proposes talks with North on family reunions
SEOUL -- South Korea's Red Cross on Monday proposed talks to its Northern
counterpart on resuming cross-border family reunions and other humanitarian
projects.
The Seoul side delivered the proposal -- forwarded to Jang Jae-on, chief of the
North's Red Cross -- to hold talks Friday at the Mount Kumgang resort in the
North, Chun Hae-sung, spokesperson at the Unification Ministry, said at a press
briefing.
-----------------
S. Korea's 2009 current account surplus to top US$30 bln: report
SEOUL -- South Korea's current account surplus will likely exceed US$30 billion
this year, the government said Monday, revising upward its earlier forecast amid
growing optimism over a global economic rebound.
The forecast, which was made in a report submitted by the finance ministry for an
annual audit, is higher than the $25 billion won predicted by the government in
June. It would also mark the largest surplus since the $40.37 billion posted by
the nation in 1998.
-----------------
Large Korean firms' finances to improve in Q4: poll
SEOUL -- The financial situation of large South Korean companies is forecast to
improve in the fourth quarter thanks to the government's support and resilient
sales and earnings, a poll showed Monday.
According to the survey on the financial status of 500 companies, the index for
large companies is expected to increase to 123 in the October-December period, up
from 105 in the third quarter.
-----------------
S. Korea to push for sale of bailed-out firms
SEOUL -- South Korea plans to push for the sale of stakes in bailed-out companies
such as Woori Finance Holdings Co. in consideration of market conditions, the
financial watchdog said Monday.
The global financial turmoil has thwarted the government's attempts to sell a
slew of companies into which it injected huge amounts of public funds in the
aftermath of the 1997-98 Asian financial meltdown.
-----------------
S. Korea hosts global space conference
DAEJEON -- An annual international space congress kicked off in South Korea on
Monday, aiming to promote sustainable growth and peaceful use of space,
organizers said.
The five-day International Astronautical Congress (IAC) opened in Daejeon 164km
south of Seoul, bringing together a record 3,000 scientists, businessmen and
government policymakers from 70 countries, the Korea Aerospace Research Institute
(KARI) and Daejeon city said.
-----------------
S. Korean economy to grow 5 pct from 2011-2013: minister
SEOUL -- South Korea's top economic policymaker said Monday that the nation will
be able to achieve its mid-term growth projection of around 5 percent, dismissing
concerns that the government paints too optimistic a view of economic conditions
down the road.
"We based the forecast on (factual) grounds and made it with confidence," Finance
Minister Yoon Jeung-hyun told lawmakers during an annual parliamentary audit.
"Even the IMF and the OECD make similar projections for our economy, showing that
our outlook is based on an objective assessment, not on figures resulting from
armchair discussion."
(END)
The following is the first summary of major stories moved by Yonhap News Agency
on Monday.
-----------------
(2nd LD) Seoul proposes inter-Korean talks on preventing border river flooding
SEOUL -- South Korea on Monday proposed holding talks with North Korea on
Wednesday to discuss ways to prevent flooding of the Imjin River that runs across
the western section of the inter-Korean border.
The talks, if realized, will be focused on preventing the recurrence of the
North's sudden water discharge from an upstream dam in September that left six
people dead, said the official, asking anonymity.
-----------------
(LEAD) Seoul's Red Cross proposes talks with North on family reunions
SEOUL -- South Korea's Red Cross on Monday proposed talks to its Northern
counterpart on resuming cross-border family reunions and other humanitarian
projects.
The Seoul side delivered the proposal -- forwarded to Jang Jae-on, chief of the
North's Red Cross -- to hold talks Friday at the Mount Kumgang resort in the
North, Chun Hae-sung, spokesperson at the Unification Ministry, said at a press
briefing.
-----------------
S. Korea's 2009 current account surplus to top US$30 bln: report
SEOUL -- South Korea's current account surplus will likely exceed US$30 billion
this year, the government said Monday, revising upward its earlier forecast amid
growing optimism over a global economic rebound.
The forecast, which was made in a report submitted by the finance ministry for an
annual audit, is higher than the $25 billion won predicted by the government in
June. It would also mark the largest surplus since the $40.37 billion posted by
the nation in 1998.
-----------------
Large Korean firms' finances to improve in Q4: poll
SEOUL -- The financial situation of large South Korean companies is forecast to
improve in the fourth quarter thanks to the government's support and resilient
sales and earnings, a poll showed Monday.
According to the survey on the financial status of 500 companies, the index for
large companies is expected to increase to 123 in the October-December period, up
from 105 in the third quarter.
-----------------
S. Korea to push for sale of bailed-out firms
SEOUL -- South Korea plans to push for the sale of stakes in bailed-out companies
such as Woori Finance Holdings Co. in consideration of market conditions, the
financial watchdog said Monday.
The global financial turmoil has thwarted the government's attempts to sell a
slew of companies into which it injected huge amounts of public funds in the
aftermath of the 1997-98 Asian financial meltdown.
-----------------
S. Korea hosts global space conference
DAEJEON -- An annual international space congress kicked off in South Korea on
Monday, aiming to promote sustainable growth and peaceful use of space,
organizers said.
The five-day International Astronautical Congress (IAC) opened in Daejeon 164km
south of Seoul, bringing together a record 3,000 scientists, businessmen and
government policymakers from 70 countries, the Korea Aerospace Research Institute
(KARI) and Daejeon city said.
-----------------
S. Korean economy to grow 5 pct from 2011-2013: minister
SEOUL -- South Korea's top economic policymaker said Monday that the nation will
be able to achieve its mid-term growth projection of around 5 percent, dismissing
concerns that the government paints too optimistic a view of economic conditions
down the road.
"We based the forecast on (factual) grounds and made it with confidence," Finance
Minister Yoon Jeung-hyun told lawmakers during an annual parliamentary audit.
"Even the IMF and the OECD make similar projections for our economy, showing that
our outlook is based on an objective assessment, not on figures resulting from
armchair discussion."
(END)
