Korea Times (Seoul, Korea)

English-language newspaper published daily in South Korea that covers politics, society, business, finance, culture, and sports.

Articles from November 17, 2000

APEC Leaders Agree to Manage Globalization
BANDAR SERI BEGAWAN, BRUNEI ---- During the two-day summit here, no foreign NGOs (Nongovernment organizations) were able to enter the country, which has a population of 320,000 on the tip of Borneo, southwest Asia. The gathering of the 21 APEC leaders...
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Boundary between Art & Commerce Eroding Rapidly
In the online movie, ``May,'' the heartthrob singer Lee Hyun-woo, playing the role of a computer programmer, falls for a girl who is his own 3D creation. However, the 40-minuite film, which combines conventional drama narrative and glossy music video...
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China Still Opposed to Dalai Lama's Visit
China's top envoy in Seoul yesterday reiterated China's firm stance against the Dalai Lama's visit to Korea, expressing his concern over the Tibetan spiritual leader's separatist movement backed by Western powers, including the United States. ...
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``Chosin Few'' Remembered
-- The Fiercest Battle in the Forgotten War -- Recently, Korean War veterans gathered in the Yongsan Garrison to commemorate the Northern Campaigns in the early phase of the 1950-53 Korea War. In a solemn ceremony, the battles fought north of...
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Daewoo Motor Faces Total Shutdown
Daewoo Motor appears to be heading for a shutdown with two of its three key plants going out of operation. The Korean car maker's plants in Pupyong and Kunsan have had to cease operations due to the lack of parts supplies from their subcontractors...
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House Vote on Impeachment Motion against Prosecutor-General Due Today
The National Assembly will hold a vote on the opposition-submitted impeachment motion against Prosecutor General Park Soon-yong and his deputy Shin Seung-nam today. The top prosecutors are charged by the opposition Grand National Party with allegedly...
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Hyundai Brothers Come to Terms, MK to Help Construction Unit
The Hyundai empire's two rival siblings -- Chung Mong-koo and Mong-hun -- came to terms at a meeting yesterday with the elder brother pledging to help the construction unit survive on its own. The meeting was held yesterday morning at the new...
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'Kim Urges Steps on `Digital Divide'
BANDAR SERI BEGAWAN, Brunei -- President Kim Dae-jung yesterday urged the leaders of the 21 Asia-Pacific rim countries to make concerted efforts to alleviate the worsening ``digital divide'' by creating new opportunities in this field at the dawn of...
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KorAm-Hana Marriage Might End Up `One-Off' Affair
Though the marriage of KorAm and Hana Bank looms on the horizon, market analysts as a whole forecast that there would be no further merger deals among the healthy banks till the first half of next year, spelling bad news for the government which has...
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`Korean Economy Feared to Take L. American Course'
Lawmakers of opposition parties yesterday expressed concerns that the Korean economy could follow in the footsteps of Latin American economies, noting the dismal condition of the economy. ``Korea could face social-political instability like Latin...
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'New' Imperial Classic to Hit Markets
In pace with the steady increase of Korean whisky consumption, Jinro Ballantines is relaunching ``Imperial Classic,'' a 12-year-old whisky, with improvements in its quality and appearance. The new Imperial Classic will hit the markets on Nov. 21....
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Number of Homeless Feared to Grow amid Imminent Corporate Failures
The number of homeless is expected to rise as the nation is beset by gloomy business prospects, with many companies on the brink of collapse. According to statistics released by Seoul City, there are currently more than 6,000 homeless people throughout...
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Oman Enters New Millennium with Multi-Bill.-Dollar Projects
It is my pleasure to share a few thoughts about my country with the readers of The Korea Times on the occasion of the 30th National Day of the Sultanate of Oman. This day has become memorable and full of happiness in the history of the people of...
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Online-Offline Bookshop War Deprives Readers of `Harry Potter' Series
Each time a novel of the ``Harry Potter'' series comes out, bookstores all over the world undergo panic, due to the flood of people hoping to buy the tale book about a magical world. British author J.K. Rowling is planning to end the series by publishing...
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Over 200,000 Workers to Lose Jobs in Winter
A total of 205,000 people are expected to lose their jobs by the first quarter of next year due to rising corporate failures and the seasonal factor of winter. The Ministry of Labor said yesterday that 50,000 workers are expected to become jobless...
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ROK, EU Shipbuilding Dispute Intensifies
The European Union is stepping up its offensives against Korean shipbuilding companies, alleging Korea has been responsible for the continuing market crisis. Releasing a report on the market situation, the European Union Commission claimed the...
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Squash: Best Way to Burn off Stress & Keep in Shape
Everyone knows what chess is. It is well known as a battle of the minds requiring players to use their intellect to win the game. Squash is a sport that could be called ``physical chess,'' demanding a strong mind and robust body. In order to play...
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Survey Shows Slowdown in Dotcom Employment
In line with the plunge of share values in the technology-heavy KOSDAQ market and the overall economic slowdown, many dotcom companies are now considering a large-scale reduction of their new recruitment opportunities, according to a new survey released...
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World's Tallest Building Planned for Pusan
PUSAN (Yonhap) -- Lotte will build the world's tallest building here, which will house an amusement park, Pusan City said yesterday. The 107-story, 464.5-meter-high structure will be built on the former site of Pusan City Hall in Chungang-dong,...
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