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Today in Korean history

All Headlines 14:00 August 30, 2016

Aug. 31

1989 -- Dong Ah Construction Industrial Co. Ltd. clinches a US$5.3-billion order from Libya to build its waterway system. At the time, the project's budget was the largest of any project in the world.

1998 -- North Korea launches what it calls the Kwangmyongsong 1 artificial satellite, which Western countries suspect it as a missile, into space.

2002 -- Typhoon Rusa hammers the country with a central pressure of 965 hectopascals and a maximum wind speed of 33 meters per second, leading to 213 deaths and 5.1 trillion won (US$4.49 billion) in property damage.

2003 -- Prosecutors indict Kwon Roh-kap, a key aide to former President Kim Dae-jung, on charges of receiving 20 billion won ($18.4 million) in bribes from Hyundai Group in return for business favors.

2005 -- The two Koreas begin construction of a permanent meeting place for the reunions of separated families at North Korea's Mount Kumgang resort. It was completed in August 2008 after three years of construction.

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