Seoul

Shares jump 2.3 per cent in Seoul

Shares jump 2.3 per cent in SeoulSeoul  - Shares surged 2.3 per cen

South Korean exports drop 21 per cent in March

South Korean exports drop 21 per cent in March Seoul  - South Korean exports fell 21.2 per cent in March from the same month a year ago in their fifth-straight monthly decline as demand for the country's products weakened amid the global recession.

Exports from Asia's fourth-largest economy, which is largely dependent on exports, dropped to 28.3 billion dollars, the Ministry of Knowledge Economy said Wednesday.

Imports were down 36 per cent to 23.7 billion dollars, the balance creating a record trade surplus of 4.6 billion dollars.

North Korea wants to put US reporters on trial

North Korea wants to put US reporters on trial Seoul - North Korea wants to put two detained US journalists on trial for charges of illegal entry and suspected "hostile acts," state-run media said Tuesday.

Authorities were already working on an indictment on "the basis of the already confirmed suspicions," the Korean Central News Agency (KCNA) said.

The two women, Korean-American Euna Lee and Chinese-American Laura Ling, were arrested two weeks ago by guards at the Chinese-North Korean border where they were working on a story.

North Korea arrests South Korean citizen, Seoul reports

North Korea arrests South Korean citizen, Seoul reports Seoul - North Korea has arrested a South Korean citizen for allegedly criticizing the communist country's political system and trying to incite a North Korean woman to defect, Seoul said Monday.

According to the Yonhap agency, citing the South Korean Unification Ministry, the arrested man is an employee of the Hyndai Asan company which is involved in a joint industrial park project at the border city of Kaesong.

South Korean leader says no to military action against North's launch

South Korean leader says no to military action against North's launchSeoul - South Korean President Lee Myung Bak spoke out against taking military action against North Korea's announced rocket launch in an interview published Monday.

All countries except for China and Russia have spoken out against the launch North Korea has slated between April 4 and 8, Lee told Britain's Financial Times newspaper.

2ND ROUNDUP: North Korea warns sanctions would end nuke talks

North Korea warns sanctions would end nuke talksSeoul  - North Korea warned Tuesday that talks on ending its nuclear weapons programme would break down if the United Nations imposes sanctions on it for a rocket launch it plans next month.

The Foreign Ministry in Pyongyang would see such sanctions as "hostile activity" and "a breach" of a 2005 six-nation agreement in which North Korea promised to dismantle its nuclear programme in return for aid.

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