From: INA [support@inadaily.com] Sent: Friday, September 16, 2005 12:04 AM To: Bove, Roger Even Subject: INA JoongAng Daily Headline Service _______________________________________________________ _______________________________________________________ INA | JoongAng Daily Headline Service Friday, September 16, 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 * North agrees to make peace with Hyundai * Reactor `gift` continues to stall 6-way talks * `Imperial tendencies` still linger, Roh tells UN Opinion & Editorial * [FOUNTAIN]Giving tea its place back on the table * [VIEWPOINT]Bush must look to his virtue * [OUTLOOK]Japan opts for gradual reform Business & Finance * Market pulled down but hope holding out * Work on design instead of price, executives say * Banks take the hint, and start raising rates Lifestyle & Culture * Cash is king: Holiday gift shopping made easy * Depp plays a much meaner candyman * Jiri mixes myth and magnificence Technology * Firms prepare to face new iPod * Samsung signs deal with U.S.`s Sprint * Facing hefty fine for price-rigging, KT threatens suit _______________________________________________________ Top Stories _______________________________________________________ North agrees to make peace with Hyundai JoongAng Daily [Korea] | Ser Myo-ja KOREA Seoul`s chief delegate to North-South Korean ministerial talks now going on in Pyongyang may have seen his agenda hijacked by a business dispute over tours to the North, but he was at least able to announce what appears to be a cease-fire in those hostilities."North Korea made it clear that the [Mount Kumgang] project will go smoothly in the future," he told the South Korean press contingent with his delegation. The business rights to run tours of the scenic area and other parts of North Korea became a war of words between the North and Hyundai Asan, which has the concession now. (C) 2005 JoongAng Daily _______________________________________________________ Reactor `gift` continues to stall 6-way talks JoongAng Daily [Korea] | Brian Lee KOREA BEIJING - On a rainy and foggy day that seemed equally gloomy around the tables at the six-party talks, Christopher Hill, the U.S. chief negotiator, called North Korea`s demand for a light water reactor a "non-starter" and made clear yesterday that a deal to solve the North Korean nuclear crisis would have to be reached with a draft proposal already on the table. (C) 2005 JoongAng Daily _______________________________________________________ `Imperial tendencies` still linger, Roh tells UN JoongAng Daily [Korea] | Choi Hoon, Chun Su-jin KOREA NEW YORK - President Roh Moo-hyun warned against "major-power centrism" and called for reform of the United Nations Security Council to recover the body`s "moral authority.""The world must completely divest itself of mindsets and vestiges reminiscent of imperialistic tendencies that appear to linger in various forms," Mr. Roh told the General Assembly yesterday, according to the Blue House translation of his text. That passage, said an aide involved in drafting the speech, was included at Mr. Roh`s order. (C) 2005 JoongAng Daily _______________________________________________________ Opinion & Editorial _______________________________________________________ [FOUNTAIN]Giving tea its place back on the table JoongAng Daily [Korea] | You Sang-chul KOREA The Chuseok holiday is approaching. On Chuseok morning, Koreans pay tribute to their ancestors through memorial rites called charye. Charye originally was the formality of offering tea during an ancestor memorial service. Today, charye refers to the entire ritual. However, Koreans no longer offer tea, but give liquor. Why was tea replaced by liquor? (C) 2005 JoongAng Daily _______________________________________________________ [VIEWPOINT]Bush must look to his virtue JoongAng Daily [Korea] | Kang Myung-kwan KOREA Typhoon damage has always been tremendous and will continue to be so. The longest-reigning King of the Joseon Dynasty (1392-1910) was King Yeongjo, who stayed on the throne for 52 years. Let`s look at some examples of typhoon damage during his reign from his chronicles.In the fifteenth year of King Yeongjo`s reign, seven provincial areas, including Haeju in Hwanghae province, were flooded, resulting in 300 deaths and the loss of 600 houses that were washed away. In the seventeenth year, the whole country was affected by floods: in the Honam area, 800 houses were lost in July and 770 more were washed away in September; in the Gwandong area, some 1,000 houses were swept away in September. After the floods, an epidemic broke out, killing around 3,700 people in the Gwanseo area. (C) 2005 JoongAng Daily _______________________________________________________ [OUTLOOK]Japan opts for gradual reform JoongAng Daily [Korea] | Kim Sung-chul KOREA The philosophy that moves the system of Japanese society is the principle of long-term development through gradual evolution. The principle is that development can be guaranteed by pursuing long-term and gradual evolutionary reform through thorough preparation and by avoiding drastic changes. The background of Japanese Prime Minister Junichiro Koizumi`s victory of a majority of seats in the parliamentary elections on Sept. 11 was predictable enough in the atmosphere prevalent in Japan, where this philosophical idea dominates. Mr. Koizumi`s victory was the result of the Japanese people`s preference for gradual and stable reform over the drastic change of power to the Democratic Party. (C) 2005 JoongAng Daily _______________________________________________________ Business & Finance _______________________________________________________ Market pulled down but hope holding out JoongAng Daily [Korea] | Seo Ji-eun KOREA Korea`s main stocks closed lower yesterday as Samsung Electronics and other tech giants fell sharply on massive foreign selling. The broader Korea Composite Stock Price Index lost 1.18 points, or 0.1 percent, to 1,169.59. "Though the main bourse suffered some losses, investor sentiment remained solid on hopes of an economic recovery in the second half," said Kim Hak-gyun, an analyst at Goodmorning Shinhan Securities. (C) 2005 JoongAng Daily _______________________________________________________ Work on design instead of price, executives say JoongAng Daily [Korea] | Kim Pil-kyu KOREA The message to Korea`s business leaders at a meeting yesterday was simple: a product`s design is now more important than its price or quality.Speaking at the 19th Korea Leaders Forum, hosted by the National Academy Engineering of Korea, Kim Young-se, chief executive of design consulting firm Innodesign Co., stressed the importance of design. (C) 2005 JoongAng Daily _______________________________________________________ Banks take the hint, and start raising rates JoongAng Daily [Korea] | Kim Dong-ho, Jung Ha-won KOREA Korea`s rock-bottom interest rate may not have long to live, as the economy is showing signs of a recovery, prompting major domestic lenders to raise interest rates on their loan and deposit accounts.The move follows on the heels of comments on Sept. 8 by Bank of Korea governor Park Seung, who said last Thursday that he might raise the benchmark interest rate next month, citing increasingly numerous signs of an economic recovery. (C) 2005 JoongAng Daily _______________________________________________________ Lifestyle & Culture _______________________________________________________ Cash is king: Holiday gift shopping made easy "Thank heavans. A few years ago I took a suitcase, two boxes of apples and a jar of honey with two k JoongAng Daily [Korea] | Wohn Dong-hee KOREA Chuseok is coming this weekend, during which people will hit the road for family reunions, or just take a much needed break from the city. As the traditional harvest celebration, it is a time for feasting on traditional foods, performing ceremonies for ancestors and exchanging gifts in the spirit of sharing the harvest. (C) 2005 JoongAng Daily _______________________________________________________ Depp plays a much meaner candyman JoongAng Daily [Korea] | Ben Applegate KOREA Everyone in my generation saw the first "Willy Wonka and the Chocolate Factory" when we were kids. But even though it`s one of the beloved films of my childhood, one screening of Tim Burton`s "Charlie and the Chocolate Factory," the new adaptation of the original story by Roald Dahl, makes it clear how inadequate the old movie is. (C) 2005 JoongAng Daily _______________________________________________________ Jiri mixes myth and magnificence JoongAng Daily [Korea] | Park Sung-ha KOREA Looking at Mount Jiri, there`s no question as to why it is considered one of the three divine mountains on the Korean peninsula. After passing through roads lined with the cosmos flowers that greet autumn, and rice fields changing from green to yellow, the grandeur of Mount Jiri appears at the end of the massive Baekdu range that forms the backbone of the Korean peninsula, starting from Mount Baekdu in the North. (C) 2005 JoongAng Daily _______________________________________________________ Technology _______________________________________________________ Firms prepare to face new iPod JoongAng Daily [Korea] | Kim Chang-woo KOREA Korea`s MP3-player manufacturers are bracing for the arrival of the new iPod, their popular American counterpart, by lowering their prices or adding new features to keep competitive. Apple Korea will introduce the iPod nano on Sept. 26, after it was launched it in the United States earlier this month. Apple Korea has been taking advance orders on its Web site for the 230,000 won ($224) 2-gigabyte model and the 290,000 won 4-gigabyte model. The former retails at $199 in the United States, while the latter goes for $249. (C) 2005 JoongAng Daily _______________________________________________________ Samsung signs deal with U.S.`s Sprint JoongAng Daily [Korea] | Lee Hee-sung KOREA Korean tech giant Samsung Electronics Co. said yesterday it signed a contract to supply technology and equipment for use in portable Internet connections to Sprint Nextel Corp., the third-largest communications provider in the United States.The deal, which marks first time a Korean company has exported its own telecommunications technology to a U.S. firm, is expected to provide an opportunity for Samsung to become the standard provider of mobile Internet services in the global market. (C) 2005 JoongAng Daily _______________________________________________________ Facing hefty fine for price-rigging, KT threatens suit JoongAng Daily [Korea] | Seo Ji-eun, Lee Hee-sung KOREA Following the antitrust agency`s decision yesterday to slap hefty penalties on KT Corp. for price-rigging, the company rebutted the allegations and claimed that it had only followed the guidelines offered by the Ministry of Information and Communication.The nation`s biggest broadband Internet and fixed-line telephony operator, KT said it would consider going to court to avoid the penalties. 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