Today's headlines_Dec 28

- A court ruled that teachers belonging to the Korean Teachers & Educational Worker's Union, who rejected to teach in a protest against co-teacher’s dismissal should compensate students and parents for infringement of student’s learning rights.

- At the meeting with CEOs yesterday, President Roh stressed the importance of coming up with measures to deal with an appreciating won.

- Benchmark price for Officetel will be raised by 6.5 per cent next year and commercial buildings up by 7.3 per cent up in the metropolitan area.

- Huafeng Textile International Group, a mid-sized Chinese textile and fabric company, has submitted a listing application to the KRX for review as a first foreign firm to do so. The company is highly likely to be listed and traded in the local stock market by next March.

- Hyundai Motor union can’t receive a third of its year-end incentives due to the failure to reach its yearly production goal for the first time since 1991

- Next year’s employment of government officials will shrink by 20.2 per cent year-on-year, continuing a three-year consecutive decrease in hiring.

- Presidential hopefuls of the GNP are expected to promise to uphold a result of the party’s primary at the dinner meeting tonight.

- It was reported yesterday that Kim Jong-il asked Kim Kye-gwan, North Korea’s nuclear negotiator, to be confident in negotiating with the US at the six party talks by saying since the development of nuclear weapons, they have got more room to maneuver.