SOUTH KOREA

U.S. renews sanctions against North Korea

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President Barack Obama on Wednesday renewed sanctions against North Korea, declaring that its nuclear program posed a national security risk to the United States and a danger to the Korean Peninsula.
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Kim using military might to stem North Korean woes

North Korean leader Kim Jong-il is likely in good health and his grip on power strong but he appears to have needed displays of military might to counter a rise in domestic unrest, a South Korean cabinet minister said on Monday.
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U.S. trade freeze could be slowly thawing

After months of little U.S. action on trade, there are signs the issue could become more important for President Barack Obama, who heads to Italy in early July to meet with major trading partners.
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Two Koreas talk on factory park; U.S. tracks ship

North and South Korean envoys failed on Friday to resolve a dispute over Pyongyang's demands for salary and rent increases at a joint factory park in the communist state that is one of its few sources of hard cash.
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LCD TV sales outlook raised for 2009: DisplaySearch

Global LCD TV sales volume is expected to increase by 21 percent this year, faster than a previous forecast, helped by strong sales in developed markets and China's stimulus spending program, speeding up the transition to flat-screen TVs, DisplaySearch said.
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South Korea says Qualcomm licensing unfair: source

South Korea's antitrust authorities have charged telephone maker Qualcomm Inc with unfair licensing terms, in addition to charges the company has acknowledged, a source briefed on the matter said on Thursday.
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North Korea chemical weapons threaten region

North Korea has several thousand tons of chemical weapons it can mount on missiles that could be used on a rapid strike against the South, said a report released on Thursday by the International Crisis Group (ICG).
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ABInBev tests investor thirst with CEE assets

Anheuser-Busch InBev's central European assets are not top of its for-sale list, not on the must-buy charts of rivals, and will need some sweetening to secure a deal with a private equity suitor.
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As Wall St ails, oil traders weigh return to roots

For a growing number of oil traders, there's a new math at work in the traditional career calculus: why take the stress, long hours and uncertainty of a Wall Street job when the easy money is in physical trading?
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Obama, Lee warn North Korea; missile on the move

The leaders of South Korea and the United States told North Korea to drop its atomic ambitions and stop threatening the region while media reports on Wednesday said Pyongyang was moving ahead with plans to launch a long-range missile.
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Obama, Lee warn North Korea brinkmanship won't work

U.S. President Barack Obama and South Korean President Lee Myung-bak presented a united front to North Korea on Tuesday, saying Pyongyang must abandon its nuclear weapons program and will not be rewarded for provoking a crisis.
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North Korea says jailed journalists bent on slander

North Korea said on Tuesday that two U.S. journalists it sentenced to 12 years of hard labor were trying to slander the state, giving its first detailed account of the case that worsened ties with the United States.
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N. Korea worries overshadow trade as Obama, Lee meet

President Barack Obama and South Korean President Lee Myung-bak are expected to show a united front against North Korea when they meet on Tuesday, but they may not make much progress on free trade pact that has been stalled for two years.
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IMF says worst not over

The head of the IMF questioned on Monday debate about when to roll back stimulus spending, saying the world economy had yet to weather the worst of a recession that claimed a record number of European jobs.
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North Korea issues nuclear threat

North Korea said Saturday it would start a uranium enrichment program and weaponize all its plutonium in response to fresh U.N. sanctions, prompting the United States to demand that Pyongyang stop its provocative actions.
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Isolated North Korea could avoid U.N. pinch: analysts

U.N. Security Council sanctions imposed on North Korea for its nuclear test may do little to change the ways of the reclusive state and could prod Pyongyang to stoke tensions with military moves, analysts said on Saturday.
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China urges North Korea to scrap nuclear weapons

China's U.N. ambassador, Zhang Yesui, said a U.N. resolution on North Korea passed on Friday demonstrated the firm opposition of the world to Pyongyang's nuclear ambitions and urged North Korea to end its nuclear weapons program.
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Retaliation North Korea may take against UN

North Korea is unlikely to respond militarily to planned U.N. sanctions for its nuclear test, but the possibility should not be completely dismissed, U.S. Defence Secretary Robert Gates said.

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