SEOUL, June 24 (Yonhap) -- South Korea's appeals court confirmed a prison sentence for a former businessman convicted on bribery and tax-evasion charges on Friday, putting him back behind bars 19 m

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SEOUL, June 24 (Yonhap) -- South Korea will lower "protective barriers" between industries through market opening in a bid to strengthen their competitiveness and enhance the nation's overall econo

SEOUL, June 24 (Yonhap) -- South Korean shares surged 1.7 percent on Friday as investors picked up blue-chip exporters amid easing worries over global economic uncertainties, analysts said.

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SEOUL, June 24 (Yonhap) -- The head of South Korea's top business lobby will likely boycott a public hearing organized by political parties that is expected to focus on his recent criticism of them

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HONG KONG, June 24 (Yonhap) -- China's top five power companies saw their losses in the first five months of this year jump from a year earlier due to rising coal prices, an industry report showed

SEOUL, June 24 (Yonhap) -- KT&G Corp., South Korea's largest tobacco manufacturer, said Friday that it signed a deal to buy a local cosmetics firm in a bid to diversify its revenue sources.