• Most Popular
  • Most Shared

PRESS DIGEST - South Korean newspapers - May 26

Mon May 25, 2009 7:58pm EDT

Stocks

   

SEOUL, May 26 (Reuters) - The following is a summary of major South Korean newspapers on Tuesday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

South Korea  |  North Korea

CHOSUN ILBO

North Korea's second nuclear test on Monday is thought to have had a force of about 20 kilotons, with five to 20 times more explosive power than the country's first in October 2006, a government official said.

The short-range missiles that North Korea test-fired yesterday were surface-to-air, surface-to-surface, and surface-to-ship missiles, a goverment source said.

MAEIL BUSINESS NEWSPAPER

GS Holdings (078930.KS), a holding company of GS Group, decided in a shareholders' meeting to purchase a 70 percent stake in Ssangyong Corp (001250.KS), according to a GS official.

The Unification Ministry will temporarily ban South Korean civilians from entering North Korea due to security concerns following the North's nuclear experiment yesterday, a spokesman said.

THE HANKYOREH

Prosecutor General Lim Chae-jin offered to resign over former President Roh's death, which came during a prosecution investigation into his alleged links to a corruption scandal, but Justice Minister Kim Kyung-han turned the offer down, the ministry said.

South Korea
North Korea


More from Reuters

Photo

New home sales hit seven-month low

WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, but a surprise drop in new home sales was a reminder that the economic recovery would be bumpy.

» More Top News
A glass of water taken from a residential well after the start of natural gas drilling in Dimock, Pennsylvania, March 7, 2009. Dimock is one of hundreds of sites in Pennsylvania where energy companies are now racing to tap the massive Marcellus Shale natural gas formation. REUTERS/Tim Shaffer

Not in my watershed: NYC

The biggest U.S. city wants the state to ban one of the most promising sources of U.S. energy -- and also one of the most contentious.  Full Article 

Green Business
Cannabis sativa plant is seen in Buenos Aires, August 21, 2009. REUTERS/Enrique Marcarian
Bernd Debusmann:

Obama, drugs, common sense

American attitudes towards drug prohibition – and above all, punitive laws on marijuana – are changing too fast for policymakers and legislators to ignore.  Commentary 

U.S.