Seoul shares dive 1.27 pct on U.S., Greek woes

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SEOUL, June 2 (Yonhap) -- South Korean stocks sank 1.27 percent on Thursday as investor sentiment was dented by downbeat U.S. economic data and a cut in Greece's credit rating, analysts said.

S. Korea admits it held secret talks with N. Korea

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SEOUL, June 2 (Yonhap) -- South Korea admitted Thursday it held secret talks with North Korea last month, but denied the purpose was to arrange summit meetings between the sides, rebuffing Pyongyan

FSC official grilled over bank scandal

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SEOUL, June 2 (Yonhap) -- A high-ranking official of the country's financial regulator on Thursday appeared before prosecutors to face questioning over his alleged involvement in a snowballing savi

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