Seoul shares fall 1.26 pct on eurozone woes

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SEOUL, May 25 (Yonhap) -- South Korean stocks finished 1.26 percent lower on Wednesday as foreigners extended their selling amid concerns over Europe's debt risks, analysts said.

Prosecution seeks arrest warrant for Orion chairman

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SEOUL, May 25 (Yonhap) -- Prosecutors sought an arrest warrant for the chairman of Orion Group Wednesday on charges of ordering executives of the confectionery and media group to create slush funds

OCI raises US$700 mln via GDR issue

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SEOUL, May 25 (Yonhap) -- OCI Co., South Korea's leading manufacturer of polysilicon, said Wednesday that it has raised US$700 million by selling shares to overseas investors.

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