Hyundai Heavy Q2 net drops 17 pct

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SEOUL, July 20 (Yonhap) -- Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Wednesday that its second-quarter earnings sank 17 percent from a year earlier mainly due to increas

Homeless people face eviction from Seoul Station

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SEOUL, July 20 (Yonhap) -- Hundreds of homeless people who have made Seoul's main train station their home will face eviction starting next month, the national railway operator said Wednesday, rais

LG Chemical Q2 net slips 3.3 pct on lower prices

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SEOUL, July 20 (Yonhap) -- LG Chem, South Korea's leading chemical maker, said Wednesday that its second-quarter earnings dropped 3.3 percent from a year earlier mainly due to falling prices of key

Seoul shares spike 1.16 pct on U.S. budget hopes

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(ATTN: ADDS bond yields at bottom) SEOUL, July 20 (Yonhap) -- South Korean stocks finished 1.16 percent higher Wednesday, led by tech companies, as investors were relieved by signs of progress in t

S. Korea unveils new light airplane

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(ATTN: CHANGES to 7,600 meters the aircraft's maximum flight altitude in 6th para as corrected by the transportation ministry) SEOUL, July 20 (Yonhap) -- South Korea introduced its first indigenous

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