SC First Bank plagued by prolonged strike

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SEOUL, July 15 (Yonhap) -- A prolonged labor strike at SC First Bank is sparking concerns that the bank's business may be dented amid customers' deposit withdrawals, industry watchers said Friday.<

S. Korea welcomes South Sudan's admission to U.N.

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SEOUL, July 15 (Yonhap) -- South Korea on Friday hailed the admission of South Sudan as a member of the United Nations, pledging active support for the new African country's task of nation-building

Lee names new justice minister, prosecutor general

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(LEAD)SEOUL, July 15 (Yonhap) -- President Lee Myung-bak on Friday nominated one of his senior secretaries as the new justice minister, overriding protests from opposition parties and some ruling p

Hyundai Heavy's H1 orders surge 82 pct

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SEOUL, July 15 (Yonhap) -- Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Friday that the value of its orders won in the first half of the year jumped 82 percent from a year

Seoul shares up 0.71 pct on institutional buying

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(LEAD) SEOUL, July 15 (Yonhap) -- South Korean stocks closed 0.71 percent higher on Friday as institutions snapped up retailers and domestic-oriented companies amid lingering concerns on the global

China set to further tighten property market

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HONG KONG, July 15 (Yonhap) -- China said Friday that it will take additional measures to cool its hot real estate market as investors' appetite for housing remains strong amid spiraling inflation.

Lee names new justice minister, prosecutor general

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SEOUL, July 15 (Yonhap) -- President Lee Myung-bak on Friday nominated one of his senior secretaries as the new justice minister, overriding protests from opposition parties and some ruling party l

Seoul shares up 0.71 pct on institutional buying

Submitted by YONHAP on

SEOUL, July 15 (Yonhap) -- South Korean stocks closed 0.71 percent higher on Friday as institutions snapped up retailers and domestic-oriented companies amid lingering concerns on the global econom

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