Seoul denies report on FTA talks with Beijing

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SEOUL, July 8 (Yonhap) -- South Korea denied a local media report Friday that it has agreed with China to launch negotiations for a bilateral free trade agreement (FTA) within this year.

Kookmin Bank sells out stake in parent group

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SEOUL, July 8 (Yonhap) -- South Korea's largest lender Kookmin Bank sold out its stake in parent KB Financial Group Inc. on Friday, dissipating concerns over its share holdings.

Consumer demand for white wine soars in H1

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SEOUL, July 8 (Yonhap) -- South Korean demand for white wine jumped in the first half of the year as consumers sought more diversity in their preferred brands, a leading local wine retailer said Fr

Seoul shares open higher on recovery hopes

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SEOUL, July 8 (Yonhap) -- South Korean stocks started higher on Friday as better U.S. job data eased concerns about a global economic slowdown, analysts said.

Markets

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FOREX-open Dollar opens at 1,060.0 won DN from 1,064.1 won
KOSPI 2,192.83 UP 12.24 points (open)
KOSDAQ 498.31 UP 2.79 points (open)

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