KDB raises this year's deposit target

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SEOUL, July 19 (Yonhap) -- The state-owned Korea Development Bank (KDB) has revised up its target of deposits for this year in an effort to brace for its privatization, industry sources said Tuesda

Crude oil prices to edge down in H2: report

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SEOUL, July 19 (Yonhap) -- International oil prices are expected to drop slightly in the second half from six months earlier on improved political situations in the Middle East and rising crude pro

S. Korean firms go abroad for farming land

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SEOUL, July 19 (Yonhap) -- South Korean firms are going abroad in search of cheap arable land, but the country's high import tariffs virtually prevent them from bringing their farm produce here, a

S. Korea to ban bank investment in kimchi bonds

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(LEAD) SEOUL, July 19 (Yonhap) -- South Korea plans to bar banks and other financial firms from investing in foreign currency bonds sold within the country for the purpose of converting the proceed

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