Seoul - South Korea's economy unexpectedly grew slightly by 0.1 per ce

Seoul - North Korea said Friday it has concluded its investigation into the alleged illegal entry of two US journalists now detained by the Stalinist state and formally decided to put them on trial. The state-run Korean Central News Agency said "hostile acts" had been concluded and the two women were also to be indicted on charges of illegal entry.

The authorities were preparing an indictment "based on criminal data confirmed."

Seoul - South Korean carmaker Hyundai Motor Co said Thursday that its net profits declined 42.7 per cent in the first three months of 2009, owing to a global drop in demand and rising marketing costs. Net profit fell to 224.9 billion won (166.7 million dollars) from 393 billion won in the January-to-March quarter of 2008, South Korea's leading carmaker said.

Operating profits were down 71 per cent to 153.8 billion won, and sales shrunk by 26.4 per cent to 6.03 trillion won.

Seoul - Pyeongchang will join the bid race for the 2018 Winter Olympics as the South Korean town aims to come third time lucky. The South Korean Olympic Committee confirmed on Thursday that the winter sport resort some 180 kilometres north-east of the capital Seoul will make another attempt to land the Games.

Pyeongchang narrowly lost the 2010 bid against Canada's Vancouver and also missed out for 1014 when the International Olympic Committee elected the Russian Black Sea resort Sochi.

Seoul - Russian Foreign Minister Sergei Lavrov arrived Thursday in the North Korean capital, Pyongyang, for talks after the communist state's decision to withdraw from international negotiations to end its nuclear weapons programme. Lavrov was expected to try to persuade North Korea's leaders to return to the six-nation talks, in which Russia, North Korea, South Korea, China, the United States and Japan participate.

North Korea's state-run Korean Central News Agency reported Lavrov's arrival without giving details of his visit. The Russian foreign minister was scheduled to visit South Korea Friday.

Seoul  - North Korea on Wednesday accused South Korea of deliberately moving a border marker northward amid a backdrop of rising tension on the Korean Peninsula.

The incident was a "serious military provocation," Pyongyang's state-run Korean Central News Agency said. South Korea's military general staff rejected the accusation and accused its communist neighbour of "unnecessarily raising tension" by making false claims.