SEOUL, May 29 (Yonhap) -- South Korea's major companies remain positive about their business conditions for June on expectations of growing exports and improving economic conditions, a poll showed

SEOUL, May 29 (Yonhap) -- Prosecutors questioned a former top official of the state audit agency Sunday over allegations that he took bribes from a now-suspended savings bank seeking his influence

SEOUL, 29 (Yonhap) -- South Korea's financial regulator is expected to suspend two to three more debt-ridden savings banks in the third quarter as part of efforts to revamp the sector struggling to

SEOUL, May 29 (Yonhap) -- S-Oil Corp., South Korea's third-largest refiner, said Sunday it has begun full-fledged operation of the world's single largest paraxylene plant on the country's southeast

SEOUL, May 29 (Yonhap) -- The loan default rate of South Korean banks gathered ground in April from a month earlier due mainly to increased delinquencies in project financing loans, the financial r

SEOUL, May 29 (Yonhap) -- South Korean financial firms' corporate loans grew by the largest amount in 30 months in the first quarter on the economic recovery and their efforts to expand loans to sm

SEOUL, May 29 (Yonhap) -- North Korea is in the completion stage of building a sprawling naval base near the tense sea border with South Korea, a high-level government source said Sunday, a facilit

SEOUL, May 29 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, ranked among the world's top 10 industry players in terms of sales for the first time in 2010, an industry repor

SEOUL, May 29 (Yonhap) -- South Korea's financial regulator has launched a special inspection of Shinhan Bank to look into the lender's potential financial losses stemming from its lax management o

SEOUL, May 29 (Yonhap) -- Prosecutors said Sunday they indicted a former U.S.-based Korean gang member on charges of smuggling drugs from Mexico and selling them in South Korea, the first known cas