FTC probing possible bid rigging over river project

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SEOUL, July 21 (Yonhap) -- South Korea's antitrust watchdog has launched an investigation into possible collusion among local builders to clinch bids for a big-budget project to refurbish the natio

Daewoo Engineering Q2 net more than quadruples

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SEOUL, July 21 (Yonhap) -- Daewoo Engineering & Construction Co., South Korea's fourth-largest builder, said Thursday that its second-quarter earnings more than quadrupled from a year earlier o

S. Korea ranks 56th in gold reserves

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SEOUL, July 21 (Yonhap) -- South Korea ranked 56th in terms of gold holdings, one notch higher from a year earlier, but its reserves remained relatively small compared with other nations, data show

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