InfoAnda - South Korea widens nuclear lapses probe; KEPCO chief resigns |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Iceland volcano disrupts Asia-Pacific flights | 16 April 2010
Afghan president weeps as slain brother is buried | | 13 July 2011
FCC chief lauds opening of wireless networks | Technology | | 8 October 2009

Obama Welcomes Detroit Shock To White House | 28 July 2009

Forum Views () Forum Replies ()

Read more with google mobile : South Korea widens nuclear lapses probe; KEPCO chief resigns |

Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Reihan Salam Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's Choice Our best photos from the last 24 hours. Slideshow Download our Wider Image iPad app Images of October Follow Reuters Facebook Twitter RSS YouTube Read Americans hand Obama a second term, challenges await | 2:44am EST Colorado is first state to legalize recreational pot 1:59am EST Futures slip as election results trickle in | 12:09am EST Wisconsin's Baldwin becomes first openly gay senator 1:37am EST Election over, Obama faces fresh challenge with "fiscal cliff" 12:06am EST Discussed 194 Jobless rate seen rising, offering Obama no relief 170 Fuel scarce, East Coast struggles to recover 81 Ryan says Obama compromises Judeo-Christian values Sponsored Links South Korea widens nuclear lapses probe; KEPCO chief resigns Tweet Share this Email Print Related News Canada firms to capitalize on nuclear trade with India Tue, Nov 6 2012 South Korea widens nuclear investigation, risks power cuts Tue, Nov 6 2012 South Korea extends nuclear probe, risks power shortfall Tue, Nov 6 2012 North Korea's economic dreams are, well ... dreams Sun, Nov 4 2012 Hyundai Motor posts record Oct sales, but shares fall on recall talk Thu, Nov 1 2012 Analysis & Opinion Europe, China holding back Asian export recovery What the Cuban missile crisis teaches us about Iran Related Topics World » Environment » By Meeyoung Cho and Somang Yang SEOUL | Wed Nov 7, 2012 1:38am EST SEOUL (Reuters) - South Korean regulators expanded a probe over fake safety certificates on Wednesday to cover all the country's 23 nuclear reactors, in a move that could dent rock-solid public support for the industry and threaten billions of dollars worth of exports. Two reactors remained shut, raising the prospect of winter power shortages, as the government looks into how thousands of parts for the reactors were supplied using forged safety documents. Kim Joong-kyum, the president and CEO of power utility Korea Electric Power Corp (KEPCO), which owns the operator of the nation's nuclear plants, tendered his resignation for what KEPCO officials said were "personal reasons". An economy ministry official said the presidential office would decide this weekend whether to accept Kim's resignation. KEPCO shares ended down 3 percent at their lowest close in four weeks. The closure of the two plants and concerns of more widespread potential problems with South Korea's large and growing nuclear program come after last year's nuclear disaster in neighboring Japan. "Following Fukushima, our residents have become more and more concerned about safety levels at the reactor," said Na Seung-man, who chairs the local council in Yeonggwang county, some 300 km (186 miles) southwest of the capital Seoul and home to the two shuttered reactors. South Korea's Nuclear Safety & Security Commission said it set up a team of 58 private and public investigators to inspect all the country's reactors to see if they were supplied with parts with forged certificates. "The team will inspect all 23 reactors, which will take some time, as you can imagine," a spokeswoman for the commission, which supervises nuclear safety, told Reuters. The commission said it plans measures to improve supply systems, quality controls and external auditing. FAKE PAPERS Eight companies submitted 60 false certificates to cover more than 7,000 parts used in the two reactors between 2003 and 2012, and Economy Minister Hong Suk-woo told parliament that most of the documents, which purported to come from certifying body UCI, were forgeries. A senior ministry official told Reuters that UCI was one of 12 U.S. certifiers, but was not one of the eight firms under investigation. The firms have not been named. Due to maintenance, other glitches and the investigation, seven of South Korea's 23 nuclear reactors - which generate close to a third of the country's electricity - are now closed. The authorities have stressed that the parts are non-crucial and there is no safety risk. Public support for nuclear power remains strong in South Korea, even after the Fukushima disaster last year, and Seoul plans to build another six nuclear reactors by 2024. The regulator, however, has come under fire. "The problem here is that nothing has been done to put in place a system that will allow for oversight, at a time when we need stepped up safety management," opposition legislator Oh Young-sik of the Democratic United Party told parliament. NO RISK TO BIG CONTRACT The Korean investigation had not prompted the United Arab Emirates (UAE) to reconsider its 2009 order for some $20 billion worth of nuclear plant and construction work contracted to a KEPCO-led South Korean consortium, [ID:nL3E8F341H] a spokesman for the Emirates Nuclear Energy Corporation (ENEC) told Reuters in Dubai. Also, Byun Jun-yeon, an executive vice president at KEPCO in charge of reactor exports, told Reuters after arriving from the UAE on Wednesday that the fraud would not damage the utility's export drive. "The effects of this development on existing contracts like the UAE will be insignificant," he said. "From what I understand, the parts that were fraudulently certified were not key to the function of the nuclear reactor, rather they were for general usage in non-critical aspects. "It's an ethical failure." (Additional reporting by Jack Kim and Narae Kim in SEOUL and Amena Bakr in DUBAI; Editing by David Chance, Ed Davies and Ian Geoghegan) World Environment Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 7 November 2012
Americans tour base to recruit Libyan anti-militant force: commander |
Briton murdered in China fed tips to British intelligence |
U.S. judge dismisses Hamas financing suit against Arab Bank |
France eases labor costs via tax credits, VAT hike |
UK Conservatives suspend lawmaker over reality show |
Bahrain arrests bombing suspects and blames Hezbollah |
Former Libya ruling council member dead, feud suspected |
Israelis on trial in Turkey over Gaza ship deaths |
AT&T's Nokia Windows phone prices to undercut rivals |
Morgan Stanley tries to halt investor's Facebook arbitration |
Amazon's offers monthly option on Prime, challenging Netflix |
Rihanna unveils Chris Brown duet Nobodies Business |
Ivorian reggae singers bury rivalry for peace tour |
Having dispatched Romney, Obama faces Iran, Syria |
Bombs hit pro-Assad Damascus district, Syria's sectarian divide widens |
As China enters new era, how much of Mao will stay? |
Magnitude 5.5 earthquake hits Iran, USGS reports |
Cyprus, lenders resume talks on Friday: government spokesman |
South Korea widens nuclear lapses probe; KEPCO chief resigns |
Cautious reformers tipped for new China leadership |
U.S. soldier's testimony on Afghan rampage at odds with prosecution |
Greece to vote on austerity, protests intensify |
Americans tour base to recruit Libyan anti-militant force |
Exclusive
Sony PlayStation certificate sparks talk China may lift console ban |
Morgan Stanley seeks to halt Facebook arbitration case |
Vringo says jury supports patent case against Google, others |
Plexus loses Juniper's business, shares tumble |
Greece faces protests as lawmakers vote on austerity |
Obama win opens way for new Mideast push: Blair |
Obama victory opens window for negotiation with Iran |
One dead, dozens trapped in Ghana shopping mall collapse |
In Middle East, relief not euphoria at Obama win |
Libyan wartime leader Jalil faces questioning over killing |
Turkey in cross-border raid on Kurd militants in Northern Iraq |
In Egypt streets, Islamists throw weight around |
Sudan's Bashir leaves Saudi Arabia hospital: report |
Move over, Obama; Twitter had a big night too |
Foxconn's Gou says tough to cope with iPhone demand |
Ericsson to cut near 9 percent of Swedish staff amid downturn |
Sprint to buy U.S. Cellular business to boost Midwest coverage |
Ericsson still sees restructuring costs of 4 billion SEK in 2012 |
A Minute With: Taylor Lautner finding new dawn after Twilight |
Death of the cassette tape much exaggerated |
Ode to Joy for Royal Philharmonic Society's 200th |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01