South Korea

North and South Korea face off once more in football

North and South Korea face off once more in footballSeoul - The football teams of North and South Korea meet for the fourth time in 2010 World Cup qualifying Wednesday as both countries continue their quest for a ticket to next year's finals in South Africa.

The previous three encounters have all ended in draws, the most recent result a 1-1 six months ago. However, the sporting encounters been the two teams have been overshadowed by the ongoing political tensions on the Korean Peninsula and Wednesday's match at the World Cup stadium in Seoul is proving no different.

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.

Shares fall sharply in Seoul

Shares fall sharply in SeoulSeoul  - Shares ended sharply down Monday on

Kia with start-stop technology

Kia with start-stop technologySeoul  - Kia is offering the Cee'd with start-stop technology on the European market reducing fuel consumption and emission figures by up to 15 per cent, the South Korean car maker has announced.

The Intelligent Stop & Go (ISG) system would be offered for a price of 300 euros (393 dollars) extra for the Vision and Spirit models with the 1.4 and 1.6- litre engines.

Kia would offer the ISG technology later this year also for the 1.6-litre diesel engine and for several 2010 models.

South Korea agrees on new economic stimulus programme

South Korea agrees on new economic stimulus programme Seoul - South Korea plans an extra budget totalling 28.9 trillion won (20.3 billion dollars) to revive the country's flagging economy, officials said Tuesday.

The measures include cheap credits, infrastructure projects, job training and help for low income groups, the finance ministry said.

The government hopes the package will lead to the creation of more than 500,000 jobs and increase growth by 1.5 per cent.

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