Word: seoul
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...Philippines, a jailed Indonesian operative of Jemaah Islamiah told police of plans to bomb Western targets as part of a war to form an Islamic state. NORTH & SOUTH KOREA Only Connect The two countries began work on reconnecting two railways across their sealed border, in a symbolic step that Seoul said would "lay a bridge of reconciliation." Ceremonies to mark the start of construction were held on both sides of the 4-km-wide, landmined buffer zone that has divided communist North and capitalist South since the Korean War ended in 1953. Kim Suk Soo, South Korea's Prime Minister...
...NOMINATED. KIM SUK SOO, 69, former South Korean Supreme Court judge, to be the country's Prime Minister; in Seoul. His bid needs the approval of the opposition-controlled parliament, which recently rejected President Kim Dae Jung's first two nominees to the largely ceremonial post...
...April 30, General Motors Corp. Chairman John Smith stood on a stage in the posh ballroom of the Seoul Hilton Hotel, waiting to announce a long-sought deal to acquire South Korea's bankrupt Daewoo Motor Co. GM, the biggest automaker in the world, planned to celebrate in style: a signing ceremony with 150 guests, a screening of a specially made video called Infinite Possibilities, and a champagne reception for such dignitaries as the U.S. ambassador to Korea. But before the festivities could begin, the doors to the ballroom burst open and in rushed 70 angry members of the Daewoo...
...Standing in the way, however, is a workforce that is among the most militant and anti-American in Asia. Daewoo's union leaders battled desperately to thwart the takeover, fearing it would spell job losses, pay cuts and other setbacks for the rank and file. Workers picketed GM's Seoul sales office on and off for more than a year and rioted outside Daewoo's Bupyeong plant near Seoul. The unionists even dispatched a mission to GM's U.S. headquarters to persuade executives to back off. The anger persists. GM is "a multinational, imperialist company," declares Kim Il Seob...
Four years ago, merger specialist Kang was ready for a change. So when a representative of George Soros' investment firm asked the Korean-born New Yorker to run Seoul Securities, a foundering brokerage house that Soros had bought, Kang, now 40, jumped. And he has delivered: he transformed Seoul Securities from a mom-and-pop retail shop to a full-service firm with investment-banking and money-management arms. The company has turned a profit in every quarter since his arrival...