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PRESS DIGEST - South Korean newspapers - Sept 3

02 Sep 2007 23:50:59 GMT
Source: Reuters

SEOUL, Sept 3 (Reuters) - The following is a summary of major South Korean newspapers on Monday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

CHOSUN ILBO

- Nissan Korea <7201.T> will push its Nissan brand into the South Korean automobile market starting around July of next year, according to a company official.

JOONGANG ILBO

- Hyundai Motor Co <005380.KS> will provide an incentive of 10,000 yuan ($1,326) per car to dealers in China, a company official said.

HANKYOREH

- The Taliban beat two male hostages while demanding the South Korean hostages convert to Islam while holding them captive in Afghanistan, said a pastor at Saemmul Church in Seoul, which sponsored the Christian volunteers' trip.

MAEIL BUSINESS NEWSPAPER

- Park Jong-woo, head of Samsung Electronics Co Ltd <005930.KS> digital media business, and Kang Shin-ik, LG Electronics Inc. <066570.KS> head of digital displays, said the two companies may cooperate in the TV panel business.

- GS Holdings Corp <078930.KS> will seek growth in its overseas business through acquisitions and setting up joint ventures, said chairman Huh Chang-soo.

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Last updated:Sun Sep 2 23:51:47 2007