Moody's downgrades POSCO's rating

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HONG KONG, June 30 (Yonhap) -- Moody's Investors Service said Thursday that it downgraded POSCO's foreign currency bond rating one notch, citing the company's weakening financial status.

Pilot caught reporting to work drunk

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SEOUL, June 30 (Yonhap) -- A pilot for a local budget carrier was caught earlier this month trying to board a plane under the influence of alcohol, industry sources said Thursday, the second such c

SK China aiming for 86 bln yuan in sales in 2015

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HONG KONG, June 30 (Yonhap) -- The Chinese subsidiary of South Korean conglomerate SK Group said Thursday it is aiming to post 86 billion yuan (US$13.3 billion) in annual sales by 2015 by continuou

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