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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared UPDATE 2-'South Park' airs 'censored' episode after threat 22 Apr 2010 Potentially deadly fungus spreading in U.S. and Canada 22 Apr 2010 North Korea torpedoed South's navy ship: report 22 Apr 2010 Corrected: Global stocks rise on economic data, euro up | Video 11:11am EDT New home sales jump 26.9 percent in March 10:23am EDT Exclusive: WellPoint routinely targets breast cancer patients 22 Apr 2010 Wall Street gives much to lawmakers in reform debate 8:13am EDT Oil spill not growing, search for 11 continues | Video 10:33am EDT Greece presses aid button, markets still wary | Video 11:54am EDT UPDATE 1-Citi offers to buy back $1.1 billion in notes 8:33am EDT Potentially deadly fungus spreading in U.S. and Canada 22 Apr 2010 Exclusive: WellPoint routinely targets breast cancer patients 22 Apr 2010 North Korea torpedoed South's navy ship: report 22 Apr 2010 Biggest study on cellphone health effects launched 22 Apr 2010 WellPoint routinely targets breast cancer patients 22 Apr 2010 Legalizing pot may kill buzz in California enclave 22 Apr 2010 Privacy chiefs keep watch over Facebook | Video 22 Apr 2010 New home sales jump 26.9 percent in March 10:23am EDT U.S. to WellPoint: Stop dropping breast cancer patients 11:46am EDT Greece presses aid button, markets still wary | Video 11:14am EDT Pictures Editor's Choice A selection of our best photos from the past 24 hours. Slideshow South Korea won't retaliate alone for ship sinking Jonathan Thatcher SEOUL Fri Apr 23, 2010 10:28am EDT Related News Clinton urges N.Korea to avoid provocative actions 7:36am EDT North Korea readying for 3rd nuclear test: report Tue, Apr 20 2010 North Korea readying for 3rd nuclear test: report Tue, Apr 20 2010 South Korea's Lee vows to root out navy sinking culprit Mon, Apr 19 2010 Q+A: What might be at stake in South Korean ship sinking Sun, Apr 18 2010 SEOUL (Reuters) - South Korea Friday gave the clearest signal to date it had no plan to launch a revenge attack if it turns out, as widely suspected, North Korea sank one of its navy vessels last month near their disputed border. World | South Korea | North Korea The reclusive North says it had nothing to do with the downing of the Cheonan, which sank after an explosion, killing 46 sailors. A South Korean military intelligence report leaked to the local media said the North had almost certainly torpedoed the ship. "Just as the investigation is being conducted with international cooperation, we'll try to cooperate with the international community in taking necessary measures when the results are out," President Lee Myung-bak told a group of visiting foreign journalists. U.S. Secretary of State Hillary Clinton said that North Korea should not take provocative actions following the allegations it may have sunk the South Korean ship, and should resume talks on ending its nuclear programs. "We have said time and time again that the North Koreans should not engage in provocative actions, and that they should return to six-party talks," she told reporters at a NATO foreign ministers' meeting in Estonia. The sinking of the ship is an issue fraught with risks for South Korea's Lee. If he were to launch a military attack on his impoverished neighbor, it would be the South that would come off worse, with investors likely to take fright at the threat of conflict across the Cold War's last frontier just as the economy is recovering fast from the global financial crisis. "I hope that there is no talk of war, there is no action or miscalculation that could provoke a response that might lead to conflict. That's not in anyone's interests," Clinton said. Lee needs to prevent turning the emotionally charged affair into a weapon for his political opposition at home ahead of June local elections which could, if his ruling party suffers a serious setback in the polls, damage his authority and ability to push through promised pro-business reforms. Though the government has faced criticism for being unprepared, most of it so far has been channeled toward the military and the defense minister. The last part of the wreck is expected to be lifted to the surface this weekend to allow an international team of investigators to find out what actually caused the explosion. INCREASING HOSTILITY Relations between the two Koreas, still technically at war, have turned increasingly hostile since Lee took office more than two years ago, with the North accusing him of deliberately ruining any chance of peaceful reunification of the peninsula that has been divided for more than half a century. North Korea said it would seize assets in an east-coast mountain resort just north of the border developed by a South Korean firm and put them under state ownership or sell them to foreign buyers as compensation for lost income. Tours to the Mount Kumgang resort, which earned Pyongyang tens of millions of dollars a year in hard cash, were suspended in 2008 after a North Korean soldier shot and killed a South Korean tourist who wandered into a restricted area. Lee this week infuriated the North, whose media routinely describes him as a traitor to Korea and the pawn of a hostile United States, by saying it should stop wasting money on grand displays and spend the money on its near-starving population. He was referring to last week's huge fireworks display in the capital Pyongyang to mark the anniversary -- called the Day of the Sun -- of the birth of state founder Kim Il-sung, who died in 1994 but is its eternal president with his son the actual ruler. Lee has ended years of generous aid and announced a plan of massive investment across the border if the North gives up building nuclear weapons -- an offer Pyongyang has rejected out of hand. (Additional reporting by Jack Kim in SEOUL and Arshad Mohammed and David Brunnstrom in TALLINN: Editing by Sanjeev Miglani) World South Korea North Korea Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. 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. More from Reuters EU wants united airspace after ash cloud BRUSSELS/MADRID (Reuters) - European authorities have seized on this week's airline crisis to fast-track their control of airspace, but they appear to have less interest in helping airlines pay the bills left by the volcanic ash cloud. Thai "red shirts" offer compromise to end impasse | Video Bombs kill 64 in Iraq after al Qaeda deaths Belgian bishop resigns over abuse of boy UK parties clash over recovery after GDP data | Video U.S. charges 11 Somalis with piracy in ship attacks » More Top News Greece asks for $60.5 billion aid Greek request to trigger billions in emergency loans could be the largest state bailout ever attempted. Full Article | Video Most Greeks think aid will hurt country EU problems: Ash cloud, Greek debt Global Markets Apple over Microsoft by a TKO Apple's shares are now 80 times what they were in 1997 while Microsoft's have barely doubled. A Silicon Valley insider explains why. Commentary Microsoft profit rises, shares fall Apple lauded after blowout quarter Technology © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week 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. 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