Seoul shares a tad lower in late-morning trade

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SEOUL, July 6 (Yonhap) -- South Korean stocks traded marginally lower late Wednesday morning as institutional investors reduced holdings of tech blue chips, outweighing gains among ship builders, a

Conference to debate S. Korea's role in U.N.

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SEOUL, July 6 (Yonhap) -- South Korea's foreign ministry said Wednesday it will hold a conference next week to debate the nation's future policy in the United Nations in commemoration of the 20th a

China's residential land prices drop 13 pct in H1

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By Kim Young-gyo HONG KONG, July 6 (Yonhap) -- Residential land prices in China declined 13 percent on-year in the first half of 2011 as the Chinese government tightened measures on the property ma

S. Korea's IT exports gain 1.7 pct in June

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SEOUL, July 6 (Yonhap) -- South Korea's exports of information technology (IT) products rose 1.7 percent on-year in June on growing global demand for smartphones, the government said Wednesday.

Hyundai Heavy says it will not bid for Hynix

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(ATTN: RECASTS lead; UPDATES share price in 3rd para; ADDS more details in 10th para) SEOUL, July 6 (Yonhap) -- Hyundai Heavy Industries Co., the world's leading shipbuilder, said Wednesday it will

Watchdog mulls reining in card firms' lending

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By Lee Minji SEOUL, July 6 (Yonhap) -- South Korea's financial regulator said Wednesday it is considering curbing credit card firms' excessive growth competition by setting ceilings on loan increas

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