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PRESS DIGEST - South Korean newspapers - Oct 18

17 Oct 2007 23:53:44 GMT
Source: Reuters

SEOUL, Oct 18 (Reuters) - The following is a summary of major South Korean newspapers on Thursday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

DONG-A ILBO

- Main opposition Grand National Party lawmaker Eom Ho-sung cited a report by Korea Institute for International Economic Policy that said economic cooperation between the two Koreas will cost a maximum of 116 trillion won ($126.4 billion) to 2022.

- Toys "R" Us will open its first store in Lotte Mart in Seoul in December, said Lotte Shopping Co Ltd <023530.KS>.

MAEIL BUSINESS NEWSPAPER

- Hyundai Motor Co <005380.KS> said it will advance into the Japanese bus market and the U.S. and European truck market starting in 2009.

- Pantech Group has developed new mobile phones that transmit sounds through facial bones and will be introduced to the Japanese market through Japan's KDDI Corp <9433.T> in November.

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Last updated:Wed Oct 17 23:54:13 2007