SEOUL, July 12 (Reuters) – It has to be one of the loneliest
picket lines going — a woman by herself on the top of a crane.
For South Korean labour activist Kim Jin-suk, crane No. 85
at a Busan shipyard is her soapbox to demand workers’ rights and
the reversal of a local shipbuilder’s plans to lay off around
400 employees .
PYEONGCHANG, South Korea (Reuters) – Shares in South Korean casino and resort operators and construction firms spiked on Thursday, buoyed by expectations that Pyeongchang’s hosting of the 2018 Winter Olympics could pump tens of billions of dollars into the economy.
At an International Olympic Committee meeting, South Korea won the right to host the contest at the third attempt, capping a decade-long campaign to bring winter sports to this rustic town, and sparking all-night celebrations.
PYEONGCHANG, South Korea, July 7 (Reuters) – Shares in South
Korean casino and resort operators and construction firms spiked
on Thursday, buoyed by expectations that Pyeongchang’s hosting
of the 2018 Winter Olympics could pump tens of billions of
dollars into the economy.
At an International Olympic Committee meeting, South Korea
won the right to host the contest at the third attempt, capping
a decade-long campaign to bring winter sports to this rustic
town, and sparking all-night celebrations.
PYEONGCHANG, South Korea (Reuters) – South Koreans wept tears of joy — and relief — at winning the 2018 Olympics at their third attempt early on Thursday after a painful decade-long wait to stage Asia’s third Winter Games and the first on the continent for 20 years.
Fireworks lit up the midnight sky around a giant ski jump nestled in the foothills of the Taeback mountains near the small town of Pyeongchang and thousands screamed in delight after the International Olympic Committee vote in Durban, South Africa.
BRUSSELS/SEOUL (Reuters) – The European Commission said on Monday it would give 10 million euros (9 million pounds) of food aid to North Korea in the face of opposition from South Korea and U.S. doubts about the North’s pleas for help.
The impoverished North has reached out to dozens of countries and organisations around the world for aid, complaining that bad weather, rising global food prices and the termination of aid from principle donors South Korea and the United States had slashed supplies.
SEOUL (Reuters) – North Korea has told university students to put their studies on hold for a year to join efforts to revitalise its broken economy ahead of its heralded emergence next year as a “great and prosperous nation”, a top diplomat and media reports said.
The British ambassador to North Korea, Peter Hughes, said while there had been no official announcement from Pyongyang, students in the capital had been mobilised to work at nearby construction sites until April 2012.
SEOUL (Reuters) – South Korean officials failed to persuade North Korea to row back on its decision to strip a South Korean company of its contract to run tours to a joint resort in the secretive state and to seize its assets, an official said on Wednesday.
The dispute over the Mount Kumgang resort on the isolated North’s east coast is the latest of litany of issues underscoring the depth of soured relations on the peninsula.
SEOUL (Reuters) – South Korea will send government officials and business representatives to a North Korean mountain resort on Wednesday to discuss Pyongyang’s decision to strip a South Korean company of its contract to run tours to the area, an official said.
The North said this month it had revised a law overseeing the tourism project at Mount Kumgang on the east coast, effectively ending Hyundai Asan’s contract to exclusively run all cross-border tours to the resort.
SEOUL (Reuters) – South Korea’s main opposition party hit out against the government’s “hard-line” North Korea policy on Friday after Pyongyang’s embarrassing revelations about a failed secret meeting that have derailed a push for inter-Korean dialogue.
The North blindsided Washington and Seoul this week with a rash of anti-South vitriol, signaling its leader Kim Jong-il probably wants to sit out the term of President Lee Myung-bak due to end in 2013.
SEOUL (Reuters) – North Korea delivered a stinging rejection of the South’s proposal for a series of three presidential summits over the next year, giving a blow-by-blow account on Wednesday of a secret meeting between officials of the two countries last month.
A spokesman for the National Defence Commission, the North’s supreme leadership body, said a trio of South Korean officials — from the presidential office, intelligence service and the Unification Ministry — had tried to persuade the North in a meeting in Beijing to agree to the summits to defuse tensions.