Korea Times (Seoul, Korea)

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

Articles from February 26, 2001

3rd Family Reunions to Begin Today
Two groups of 100 people, one from each of the two Koreas, will make a trip to the other side of the peninsula to meet their long-lost families and relatives for the third round of inter-Korean family reunions, which will kick off in Seoul and Pyongyang...
8 State-Run Firms Charged with Fair Trade Violations
Eight large state-run companies, including the Korea Gas Corp. and the Korea Highway Corp., have been found to have conducted illegal internal dealing and unfair trade practices worth 268.9 billion won. Based on these findings, the Fair Trade Commission...
Agricultural Issues Hamper ROK-Chile Free Trade Accord
The much-anticipated free trade agreement between Korea and Chile -- the first of its kind for Korea -- is being hampered by agricultural issues with domestic farmers threatening large-scale protests. Even as the Korean negotiating team prepares...
E-Korea Conference to Open Tomorrow
The Economist Conference -- ``e-Korea: Toward Globalization'' -- will be held at Seoul Hilton from Tuesday through Wednesday. The two-day conference will present a unique opportunity for participants to create practical strategic solutions with fellow...
Industrial Bank of Korea Said to Be Seeking Merger with KEB
The Industrial Bank of Korea (IBK) is rumored to be closely studying the possibility of merging with the Korea Exchange Bank (KEB) although no one in the industry, much less IBK, is confirming the speculation. According to industry sources, there...
Investors Strengthen Management Monitoring
After years of silence, Korea's institutional investors rolled up their sleeves to discipline 10 listed companies of which stocks performed poorly due to questionable and non-transparent business practices. It is quite unusual for Korean institutional...
Kim Young-Man Powers Enterprise Past Stars 109-106 in KBL Action
The Kia Enterprise's veteran Kim Young-man saved the team again. Kim Young-man exploded for 43 points including 4-for-6 from the arc as the host Enterprise wore down the SBS Stars to emerge with a tight 109-106 win in Korean Basketball League action...
New Bush Administration's Economic Policy toward Korea
As preparations get underway for President Kim Dae-jung's visit to Washington next month, the issue of U.S. economic policy toward Korea under the new Bush Administration naturally arises. In certain key respects, U.S. policy toward Korea is likely...
Personal Income Growing Slower Than Economy
Aggravated trade conditions could result in the real gross national income (GNI) actually contracting in the first quarter of this year, a private research institute said in a report yesterday. The Hyundai Research Institute said the worsening trade...
Reform Bills Facing Obstacles at Assembly
Several reform bills, including those on human rights and anti-corruption, are unlikely to pass through the National Assembly during the current extraordinary session, since rival parties have failed to narrow their outstanding differences. As to...
Russia's Putin to Arrive in Seoul Today
Russian President Vladimir Putin will arrive in Korea today, one day earlier than originally scheduled, and add a meeting with a Korean opposition leader to his Seoul itinerary that is highlighted by a summit with President Kim Dae-jung, Chong Wa Dae...
Samsung Joins Hands with Nortel
Samsung Electronics and a computer networking giant, Nortel Networks, announced yesterday they would team up to develop universal mobile telecommunication system (UMTS) equipment, which is mainly used for wideband code division multiple access (CDMA)...
Seoul Selects 300 for Exchanging Letters
South Korea has selected a list of 300 people who will exchange letters with long-lost relatives in communist North Korea, the Korean National Red Cross said. Those on the list, whose identities were withheld until they were individually notified,...
Speculation of Reshuffle Back on Surface
Speculation of a Cabinet reshuffle is surfacing again after the ruling coalition wooed a splinter party into its fold. Kim Joong-kwon, chairman of the ruling Millennium Democratic Party (MDP), said yesterday, ``A coalition we are pushing ahead with...
Sunshine Policy: A Political Drama, Successful Hero
A classical drama consists of five acts. Usually, the key part to the story plays in the third act. In this regard, the North Korea policy of President Kim Dae-jung may well have something in common with classical theatre. South Korea's constitution...
Tough Challenges Test Lee's Leadership
With partisan disputes and political infighting making front-page headlines, turbulent political variables are severely testing opposition leader Lee Hoi-chang's leadership Faced with challenges from both within and outside the party, Lee, president...