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Yonhap

No Plans to Coordinate Rescue Moves at G-7, U.S. Says

Treasury officials said yesterday that the government now has the necessary tools to address the financial crisis and that the Bush administration has no plans to announce coordinated initiatives with other nations at a meeting...

S. Korea: North pushing for nuke warhead

Official: North pushing to develop a small warhead mounted on a missile N.Korea has stockpile of plutonium sufficient to produce bombs N.Korea stopped disabling its Yongbyon nuclear plant in mid-August Kim Jong Il unseen since...

KT to Bundle WiBro with Apple Products

KT Corp, South Korea's leading broadband service provider, said today it signed a tentative deal with Apple Corp. to cooperate in providing high-speed internet services bundled with Apple's products, the Yonhap English News...

S Korea's growth may fall to 3 pct level in 2009

Major think tanks of South Korea said the country's economic growth for next year may dip to the 3 percent range due to the cut back of consumption and investment amid global financial turmoil, South Korea's Yonhap news agency...

Nikkei opens sharply lower

TOKYO, Oct. 7 (UPI) -- Japan's 225-stock Nikkei index fell sharply after opening Wednesday, echoing the Dow's another collapse on Wall Street the previous day. In early trading, the key average on the Tokyo Stock Exchange was...

S.Korea won at lowest since Asia financial crisis

SEOUL (Reuters) - South Korea's currency fell to its lowest level since the Asian financial crisis a decade ago on fears the region's fourth-largest economy could buckle in the turmoil tearing through global markets.

S Korean won hits near 10-year low

SEOUL, Oct. 8 (Xinhua) -- The South Korean won plunged almost 5percent to 1,395.00 won against the U.S. dollars on Wednesday, reaching its lowest level since the outbreak of the Asian financial crisis a decade ago, according to...

East Asia remembers last financial crisis, braces for another

By Tim Johnson - tjohnson@mcclatchydc.com Story appeared in MAIN NEWS section, Page A21 BEIJING – More than a decade after its last major economic crisis, East Asia is spooked by the prospect of a new global financial storm...

S Korean won hits near 10-year low

The South Korean won plunged almost 5percent to 1,395.00 won against the U.S. dollars on Wednesday, reaching its lowest level since the outbreak of the Asian financial crisis a decade ago, according to the Yonhap news agency....

South Korea dismisses North's nuclear "ultimatum"

SEOUL (Reuters) - South Korea's foreign minister played down on Tuesday the notion that North Korea delivered an ultimatum when it held talks last week with a visiting U.S. envoy trying to save a floundering nuclear disarmament...