Seoul - A South Korean train headed to North Korea Friday for its last r

Seoul- South Korea on Thursday reported a record current account surplus of 4.9 billion dollars for October as imports shrank faster than exports, thanks to falling prices for oil and raw materials.

The surplus came after the central bank reported a deficit of 1.4 billion dollars in September. The Bank of Korea expected another surplus of 1 billion dollars for November.

The current account is the broadest measure of a country's trade with measures of its goods, services and investment income.

Seoul - Shares surged 3.3 per cent Thursday on the Seoul s

Seoul - The South Korean government has not ruled out the possibility

Seoul - Shares closed 4.7 per cent higher Wednesday on the Seoul stock exchange as the US government's rescue plan for Citigroup Inc helped boost investor confidence.

Seoul - South Korea's GM Daewoo Auto and Technology Co, a subsidiary of the financially troubled US carmaker General Motors Corp, said Tuesday that it would halt a production line in December because of sagging sales brought on by the global financial crisis.

The assembly line for mid-sized cars and sports utility vehicles at GM Daewoo's largest plant at Bupyong near Seoul is to come to a halt from Monday through January 4, a company spokesman said in Seoul.

A second production line at Bupyong for compact cars is to be closed down from December 22 to January 4, just like GM Daewoo plants at Kunsan and Changwon.