Seoul - The South Korean government has not ruled out the possibility

Seoul - Shares closed 4.7 per cent higher Wednesday on the Seoul stock exchange as the US government's rescue plan for Citigroup Inc helped boost investor confidence.

Seoul - South Korea's GM Daewoo Auto and Technology Co, a subsidiary of the financially troubled US carmaker General Motors Corp, said Tuesday that it would halt a production line in December because of sagging sales brought on by the global financial crisis.

The assembly line for mid-sized cars and sports utility vehicles at GM Daewoo's largest plant at Bupyong near Seoul is to come to a halt from Monday through January 4, a company spokesman said in Seoul.

A second production line at Bupyong for compact cars is to be closed down from December 22 to January 4, just like GM Daewoo plants at Kunsan and Changwon.

Seoul, Nov. 24: South Korea on Monday expressed "serious regret" over North Korea''s decision to restrict inter-Korean economic cooperation programs.

North Korea announced early in the day that it will suspend tourist program to its border city of Kaesong, shut border-crossings for economic cooperation and trade, halt the inter-Korean rail service and decrease South Korean manpower at the joint industrial complex at Kaesong from December 1.

Seoul - Shares tumbled 3.4 per cent Monday on