South Korea

Daewoo, Paramount Pictures plan film theme park in South Korea

Daewoo, Paramount Pictures plan film theme park in South KoreaSeoul - South Korean automotive group Daewoo announced plans Tuesday to build a film theme park in South Korea together with US film company Paramount Pictures at a cost of 1.5 billion dollars.

Daewoo's car dealership unit, Daewoo Motor Sales, would enter into a joint venture with the East Gate Entertainment LLC company to finance and operate the park, to be built by the year 2011.

Seoul summons Japanese ambassador in dispute over islets

Seoul summons Japanese ambassador in dispute over islets

South Korea and New Zealand to pursue free trade talks

New ZealandSeoul  - South Korea and New Zealand agreed to strengthen their economic and tra

South Korea sends rescue team to quake-hit China

South Korea sends rescue team to quake-hit ChinaSeoul 

Shares close gain more than 2 per cent in Seoul

Seoul - Shares leaped to their highest level in more than four months Thursday on the Seoul stock exchange following gains on Wall Street.

South Korea's president to visit China

Seoul - South Korea's President Lee Myung Bak will visit China later this month for talks on North Korea's nuclear programme and ways to strengthen ties between Seoul and Beijing, Lee's office said Tuesday.

Lee is scheduled to visit Beijing and the eastern Chinese coastal city of Qingdao on May 27-30. He plans to hold summit talks with Chinese President Hu Jintao in Beijing on May 27.

"Through his first visit to China, Lee would help enhance the partnership between the two countries and pave the way for further development of bilateral ties," a spokesman for Lee's office said.

The visit would also provide the government with an opportunity to strengthen cooperation for the settlement of the North Korean nuclear issue.

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