Daily News Channel
Asia stocks rise as China manufacturing gains pace Asian stock markets climbed Monday, boosted by faster growth in Chinese manufacturing and expectations the U.S. central bank will pump more money into the world’s largest economy to rejuvenate a sluggish recovery. Oil prices rose to near $82 a barrel following the release in Shanghai of a […]
North and South Korea Restore Aviation Hotline North and South Korea reopened one of the three severed hot lines between them on Monday in response to a request from the North, its first apparent outreach since the youngest son of the leader, Kim Jong-il, was unveiled as his successor. The reopened hot line connects the […]
South Korea’s average ‘Net speed plunges 24%, iPhone blamed In the course of three months during 2009, South Korea’s average Internet connection speed dropped by a dramatic 24 percent. Think about the magnitude of the decline here: one of the world’s most wired countries suddenly sees its overall Internet speeds reduced by a quarter over […]
Korean Destroyer Shadows Pirates SEOUL, South Korea (Reuters) — A South Korean navy destroyer has caught up with a supertanker hijacked by pirates that was cruising toward the Somali coast with a cargo of crude oil worth as much as $170 million, an official said Tuesday. The South Korean-operated, Singapore-owned Samho Dream, which can carry […]
Cross-border traffic between North and South Korea returned to normal Tuesday, ending eight months of restrictions imposed by the North, South Korea’s Yonhap news agency reported. Pyongyang limited access to the North Korean border city of Kaesong in December as relations worsened between the nations
A South Korean fishing boat and its four crew members were heading home Saturday after being held for a month in North Korea, South Korea’s Yonhap news agency reported. The Yeonan-ho and its crew were handed over to a South Korean patrol boat waiting at the sea border Saturday evening, Yonhap reported, citing South Korean maritime police. North Korean officials captured the vessel and its crew July 30 after the boat strayed deep into North Korean territorial waters, North’s Korean Central News Agency reported at the time
North and South Korea reached an agreement Friday on reunions for families separated for decades by the Korean War, South Korea’s Yonhap news agency reported. Reunions will be held from September 26 to October 1, Yonhap said.
South Korea will try again Tuesday to get its first space rocket into orbit, state media reported. A series of delays have kept the rocket and its satellite payload earthbound, including a technical glitch that halted Wednesday’s countdown less than eight minutes before blastoff.
South Korea’s Y.E.Yang is still coming to terms with his historic victory at the PGA Championship where he became the first Asian-born golfer to win a major title. It was a triumph made the more remarkable because he was paired with overnight leader Tiger Woods in the final round and even Yang could scarcely believe he had defied the odds to win. “If I were to tee off tomorrow, I wish it wouldn’t happen,” Yang told CNN, acknowledging that the prospect of going head-to-head with Tiger is never a prospect to be relished
South Korea’s unification minister met with North Korea’s unity leader Saturday in another sign that icy relations between the two rival nations could be thawing, the South’s state media reported. The meeting was the first high-level cross border contact in nearly two years, South Korea’s Yonhap news agency reported. South Korea’s Unification Minister Hyun In Taek held talks with Kim Yang Gon, head of the North’s Workers’ Party unification, the agency reported