Markets

Submitted by YONHAP on

Dollar ends at 1,080.2 won DN from 1,082.5 won
KOSPI 2,093.79 DN 6.45 points (close)
KOSDAQ 480.52 DN 2.70 points (close)

Labor union of SC First Bank goes on strike

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SEOUL, May 30 (Yonhap) -- Unionized workers of SC First Bank, the South Korean unit of Standard Chartered Plc, on Monday launched a one-day general strike in protest against the management's move t

Bank lending rates fall in April

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SEOUL, May 30 (Yonhap) -- South Korean banks' lending rates declined in April from a 13-month high seen in March mainly because banks competitively tried to expand loans, the central bank said Mond

S. Korea moves to relax rules to sell Woori Finance

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SEOUL, May 30 (Yonhap) -- South Korea's financial regulator said Monday that it is pushing for a regulatory revision to allow financial holding companies to buy a controlling stake in state-owned W

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