Seoul stocks open lower on recovery woes

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SEOUL (Yonhap) - South Korean stocks opened lower Thursday as economic recovery concerns triggered by weak U.S. data unnerved investors, analysts said.

Regulator to tighten stress tests of insurers

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SEOUL (Yonhap) - South Korea's financial regulator said Thursday that it will tighten inspections into local insurance companies in an effort to protect their financial health from potential econom

Kia Motors issues US$500 mln in global bonds

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SEOUL, June 8 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Wednesday that it has raised US$500 million by selling dollar-denominated bonds to repay maturing debts.

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