By Lee Joon-seung
SEOUL, Dec. 17 (Yonhap) -- The South Korean government said Wednesday that it has

SEOUL, Dec. 17 (Yonhap) -- South Korea will develop a new multiple rocket
launcher that can also fire off guided rockets, the defense procurement office
said Wednesday.

SEOUL, Dec. 17 (Yonhap) -- South Korean stocks ended higher Wednesday as investors scooped up financial shares following the U.S. Federal Reserve's historic interest rate cut, analysts said.

(ATTN: UPDATES headline, lead, throughout)
SEOUL, Dec. 17 (Yonhap) -- A senior North Korean defense official inspected the

KOSDAQ 338.83 UP 0.98 points (close)
(END)

SEOUL, Dec. 17 (Yonhap) -- South Korea's state export insurer said Wednesday that
it will increase the size of its coverage support to 170 trillion won (US$128

SEOUL, Dec. 17 (Yonhap) -- The U.S.

KOSPI 1,169.75 UP 8.19 points (close)
(END)

December 18

1973 -- South Korea establishes diplomatic relations with Bangladesh.

Dollar ends at 1,325.0 won DN from 1,349.6 won
(END)