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PRESS DIGEST - South Korean newspapers - July 14

Sun Jul 13, 2008 8:30pm EDT

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SEOUL, July 14 (Reuters) - The following is a summary of major South Korean newspapers on Monday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

DONG-A ILBO

North Korea said South Korea should take responsibility for an incident in which a South Korean tourist was shot dead at Mount Kumgang, apologise to North and prepare follow-up measures to prevent this kind of incident from happening again, according to a speech by the spokesman of North Korean tour authorities.

MAEIL BUSINESS NEWSPAPER

Kumho Tire Co Ltd (073240.KS) and its labour union agreed on a wage deal and its unionised workers returned to work on July 12. The company withdrew from its plan to shed 431 jobs, according to Kumho.

55 percent of South Koreans think that stabilisation of prices is the most urgent problem faced by South Korea's economy, according to a survey by the Federation of Korean Industries.

KOREA ECONOMIC DAILY

Blue House said Dokdo island, where South Korea and Japan have a prolonged territorial dispute, is historically South Korean, geographically and by international law, after a report that Tokyo plans to describe the dispute over the island in an instruction handbook for middle school teachers.



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