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INA From: [support@inadaily.com] Sent: Saturday, October 15, 2005 12:04 AM To: Bove, Roger Even Subject: INA JoongAng Daily Headline Service _______________________________________________________ _______________________________________________________ INA | JoongAng Daily Headline Service Saturday, October 15, 2005 ++++++++++++++ SPECIAL PROMOTION ++++++++++++++ Interested in receiving full text articles? Click here for your 30-day free trial. https://www.inadaily.com/pref.php _______________________________________________________ _______________________________________________________ Top Stories * * * Top prosecutor offers to resign over Kang case Koreans cast wary eye on world Samsung settles a suit on price-fixing in U.S. Opinion & Editorial * * * [FOUNTAIN]Kang controversy marks deeper issues [VIEWPOINT]Keep watching the price of oil [OUTLOOK]Foster technology integration Business & Finance * * * Samsung`s profits drop by almost one-fourth Trillion-won firms hit 200 last year Textbooks contain rash of errors Lifestyle & Culture * * * Jump! Acrobatic show was a leap of faith for tough dance crew Biennale highlights designs for humanity Secret Garden`s new age bounty Technology * Hyundai, Kia Motors open U.S. tech center Politics * * New U.S. envoy plans trip to 1980 cemetery North`s harvest called no panacea * Grand Nationals censure government over Kang _______________________________________________________ Top Stories _______________________________________________________ Top prosecutor offers to resign over Kang case JoongAng Daily [Korea] | Cho Kangsu, Wohn Dong-hee KOREA After two days of pondering, Prosecutor General Kim Jong-bin decided yesterday to resign his position. The news came three hours after his spokesman told the press that Mr. Kim had accepted the justice minister`s order not to detain Kang Jeong-koo, a controversial academic who is being investigated on charges of violating the National Security Law in his pro-North Korean and antiU.S. statements. (C) 2005 JoongAng Daily _______________________________________________________ Koreans cast wary eye on world JoongAng Daily [Korea] | Shin Chang-woon, Chun Young-gi KOREA A new poll suggests that a few traces of Korea`s history as a "hermit kingdom" still linger in modern South Korea. The poll suggests that the general public here has a strong distrust of neighboring countries and favors the acquisition of nuclear weapons to deter outside pressure.The poll, conducted by the Joong-Ang Ilbo and the East Asia Institute, surveyed Korean attitudes toward globalization 60 years after the nation`s liberation from Japanese rule. The survey of 1,038 adult Koreans from Aug. 31 to Sept. 16 has a margin of error of plus or minus 3 percent. (C) 2005 JoongAng Daily _______________________________________________________ Samsung settles a suit on price-fixing in U.S. JoongAng Daily [Korea] | Yoo Jee-ho KOREA Samsung Electronics Co. and its U.S. subsidiary, Samsung Semiconductor Inc., agreed to plead guilty to charges of price-fixing on semiconductors. They will pay a fine of $300 million, the U.S. Justice Department announced yesterday.That is the second-largest antitrust fine imposed in the United States and the largest during the Bush administration. (C) 2005 JoongAng Daily _______________________________________________________ Opinion & Editorial _______________________________________________________ [FOUNTAIN]Kang controversy marks deeper issues JoongAng Daily [Korea] | Ko Daehoon KOREA In April, 1949, Choi Dae-gyo, then head of the Seoul District Public Prosecutors Office, uncovered an alleged corruption charge against the minister of commerce and industry, Im Yeong-sin, who was a favorite of President Syngman Rhee. When Ms. Im ran for by-election, she had allegedly embezzled government funds and collected donations from companies on the pretext of buying birthday presents for the president. The prosecution naturally indicted Ms. Im. (C) 2005 JoongAng Daily _______________________________________________________ [VIEWPOINT]Keep watching the price of oil JoongAng Daily [Korea] | Josef Joffe KOREA A strange thing happened in the American economy earlier this week. "Stocks fell on news of a big jump in factory orders," reported the Wall Street Journal. In fact, the Dow-Jones fell for three consecutive days, shedding more than 250 points.This is a bizarre reaction from the U.S. stock market. Since when is good news - a rise in factory orders - supposed to bring on such bad results as plummeting stock markets? It only starts to make sense if one asks traders why the market fell. Their answer is higher factory orders, that is, higher economic growth, will fuel inflation and thus force the Federal Reserve to increase interest rates - which down the road will slow growth and cut into profits. (C) 2005 JoongAng Daily _______________________________________________________ [OUTLOOK]Foster technology integration JoongAng Daily [Korea] | Hwang Chang-gyu KOREA Our ancestors had excellent skills for combining distinct elements and creating something new. Let`s look at Goryeo celadon. Our ancestors integrated an original inlay technique called Sanggam with celadon porcelain from China to create a unique and graceful pottery style.Joseon-period weapons such as the cheonja chongtong were innovative products that combined Korea`s own technologies with those developed in the Yuan Dynasty. The firearms had dominance over Japanese weapons, and along with the turtle ship contributed the most to the Joseon Dynasty`s victory over Japan during the latter`s invasion in 1592. (C) 2005 JoongAng Daily _______________________________________________________ Business & Finance _______________________________________________________ Samsung`s profits drop by almost one-fourth JoongAng Daily [Korea] | Jung Ha-won KOREA Samsung Electronics Co. reported a big drop in its third-quarter profits yesterday amid declining chip and liquid-crystal display prices compounded by a $300 million fine in the United States for price-fixing. But the company has higher hopes for the fourth quarter. Samsung Electronics posted a third-quarter operating profit of 2.13 trillion won ($2.04 billion), down 22.5 percent from a year earlier and in line with many analysts` expectations. Despite the drop, it was still the third-biggest quarterly operating profit in the company`s history. (C) 2005 JoongAng Daily _______________________________________________________ Trillion-won hit firms 200 last year JoongAng Daily [Korea] | Hong Byeong-gee KOREA Two hundred Korean companies had sales of a trillion won ($957 million) or more last year, a new high for the number of companies that have reached that plateau.The National Tax Service said yesterday that the 200 companies had aggregate sales revenue of 764.9 trillion won. (C) 2005 JoongAng Daily _______________________________________________________ Textbooks contain rash of errors JoongAng Daily [Korea] | Moon So-young KOREA Hundreds of mistakes litter textbooks used at Korean elementary, middle and high schools. As a result, students may be getting a highly distorted understanding of economics, the government said in a report released yesterday.The litany of errors includes faulty logic such as, "When labor supply exceeds labor demand, wages generally rise," (in fact, wages generally decline), and highly subjective conclusions such as, "Currently it is the dominant view that poverty results not from an individual`s faults or fate but from problems in social institution`s," according to the Finance Ministry. (C) 2005 JoongAng Daily _______________________________________________________ Lifestyle & Culture _______________________________________________________ Jump! Acrobatic show was a leap of faith for tough dance crew Foreign acclaim saved the fantastic show from obscurity JoongAng Daily [Korea] | Choi Min-woo KOREA How high can you jump? What would you be willing to do to jump higher? Most importantly, how much would you pay to watch someone else jump so high they could stage martial arts fights in mid-air?Lots of people are willing to pay 40,000 won ($38) for the privilege. That`s the going rate for a ticket to "Jump," the non- verbal stage show that is wowing crowds across Korea and was recently performed at the Edinburgh Fringe Festival. (C) 2005 JoongAng Daily _______________________________________________________ Biennale highlights designs for humanity JoongAng Daily [Korea] | Park Soo-mee KOREA "Light into Life," the new catchphrase for the Gwangju Design Biennale, is more than an academic concept, at least in the city of Gwangju. After all, this provincial capital in the country`s southwest suffered a bloody crackdown in 1980 by Korea`s old dictatorship. The main exhibit, themed "Hope and Life" in contemporary design, will be held in the city`s Kimdaejung Convention Center, named after the former president and defender of human rights. (C) 2005 JoongAng Daily _______________________________________________________ Secret Garden`s new age bounty JoongAng Daily [Korea] | Park Sung-ha KOREA Secret Garden, a new age musical duo, will hold a concert in Seoul tomorrow to promote its new album "Earthsongs." Concerts in Seongnam and Busan are scheduled for next week.It took three years for the instrumental group to release its fifth album. This is partly because the core members, Rolf Lovland, 47, a composer and keyboardist from Norway, and Fionnuala Sherry, 39, a violinist from Ireland, invited various guest musicians to participate. One track, "Lotus," even features a Chinese traditional string instrument called the erhu, that evokes ancient times. The latest album was cut in Norway and Ireland. (C) 2005 JoongAng Daily _______________________________________________________ Technology _______________________________________________________ Hyundai, Kia Motors open U.S. tech center JoongAng Daily [Korea] KOREA Hyundai Motor Co. and Kia Motors Corp., the country`s two leading automakers, said yesterday they have opened a joint technical center in the United States as part of localization efforts.The Hyundai and Kia America technical center in Detroit, Michigan, is the culmination of their plan to establish a local production and sales system, the companies said. (C) 2005 JoongAng Daily _______________________________________________________ Politics _______________________________________________________ New U.S. envoy plans trip to 1980 cemetery JoongAng Daily [Korea] | Kang Chan-ho, Brian Lee KOREA WASHINGTON - The U.S. ambassador-designate to Seoul, Alexander Vershbow, told reporters here on Thursday that he hoped to use his experience in arms control to help him in his new job in Seoul. Saying he hoped change would come to North Korea, he added that his experience in negotiating strategic arms reduction negotiations with the former Soviet Union would help him work on a strategy for reforms in the North with South Korean officials. (C) 2005 JoongAng Daily _______________________________________________________ North`s harvest called no panacea JoongAng Daily [Korea] | Ser Myo-ja KOREA Famine-stricken North Korea is expected to bring in its most bountiful harvest of grains in a decade, but even that will not bring an end to the country`s food shortage.A United Nations Food and Agriculture Organization report widely quoted in the international press said the production of cereal grains would increase by about 400,000 tons compared to last year`s harvest. The Romebased agency said North Korea would produce 3.9 million tons of grains in all, adding that its estimate was based on rainfall information, satellite imagery and site surveys. (C) 2005 JoongAng Daily _______________________________________________________ Grand Nationals censure government over Kang JoongAng Daily [Korea] | Kim Jung-ha KOREA The Grand National Party`s floor leader yesterday denounced the government for siding with the outspokenly pro-North Korean professor Kang Jeong-koo. "This government is making efforts to come to the rescue of Professor Kang and the justice minister is damaging the legal system," Kang Jae-sup said in a speech to the National Assembly. (C) 2005 JoongAng Daily _______________________________________________________ _______________________________________________________ _______________________________________________________ International News Alliance http://www.inadaily.com To unsubscribe or change your subscription options, please visit your Account Page at http://www.inadaily.com/pref.php To cancel this service, please visit next link at https://www.inadaily.com/unsubscribe.php . _______________________________________________________ _______________________________________________________ (C) The content available through inadaily.com is protected by copyright and other intellectual property laws. You may display or print the content available through inadaily.com for your personal, non-commercial use only.

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