WASHINGTON, June 24 (Yonhap) -- In what is billed as another "milestone" initiative, South Korea and the United States on Friday signed an agreement to work together for the development of impoveri

SEOUL, June 24 (Yonhap) -- North Korea blasted South Korean President Lee Myung-bak Friday, accusing him of provoking its regime by saying that unification of the Korean Peninsula can happen anytim

SEOUL, June 24 (Yonhap) -- The government said Friday it will temporarily lift nighttime lighting restrictions on golf courses that have been in force since March as part of its energy conservation

The following is the second summary of major stories moved by Yonhap News Agency on Friday.

(ATTN: UPDATES with more details in first 10 paras)

SEOUL, June 24 (Yonhap) -- The financial regulator said Friday it plans to buy bad property project finance (PF) loans worth up to 1.4 trillion won (US$1.29 billion) from savings banks as part of i

SEOUL, June 24 (Yonhap) -- South Korean conglomerates need to rethink their stance on shared growth with smaller companies in order to raise their global competitiveness, a senior economic policyma

SEOUL, June 24 (Yonhap) -- Apple Inc. filed a lawsuit against Samsung Electronic Co.

SEOUL, June 24 (Yonhap) -- A local court on Thursday ruled that the deaths of two workers at Samsung Electronics from leukemia should be considered industrial accidents, drawing a connection for th

SEOUL, June 24 (Yonhap) -- Five financial institutions in South Korea, including leading banking group KB Financial Group Inc., offered bids for buying three ailing savings banks in a package, sour