SEOUL, May 20 (Yonhap) -- A mid-size savings bank filed for bankruptcy on Friday, a Seoul court said, heralding a series of business failures in the sector staggering under mounds of distressed pro

SEOUL, May 20 (Yonhap) -- North Korean leader Kim Jong-il was visiting China Friday, a Seoul government source said, contradicting earlier reports that his heir-apparent son, Jong-un, traveled to t

SEOUL, May 20 (Yonhap) -- Volvo Car Korea, the local importer and distributor of Swedish automaker Volvo, said Friday it will lower prices of all its vehicles and auto parts sold in South Korea fro

SEOUL, May 20 (Yonhap) -- Hana Financial Group Inc. is likely to extend its deal with U.S.

SEOUL, May 20 (Yonhap) -- Global economic stability hinges on how to deal with capital volatility, South Korea's top economic policymaker said Friday, emphasizing the importance of staving off exce

SEOUL/TOKYO, May 20 (Yonhap) -- A group of South Korean lawmakers will visit one of a chain of islands claimed by both Japan and Russia over the weekend to seek better ways to counter Tokyo's claim

The following is the second summary of major stories moved by Yonhap News Agency on Friday.

SEOUL, May 20 (Yonhap) -- The government and the ruling party have agreed to try to pass South Korea's free trade agreement with the United States through a parliamentary committee next month, an o

SEOUL, May 20 (Yonhap) -- South Korea's central bank is expected to raise its key interest rate to 3.5 percent by yearend, ING Bank said Friday, citing the country's relatively low economic growth

SEOUL, May 20 (Yonhap) -- North Korean leader Kim Jong-il's heir-apparent son headed to China early Friday through the Chinese border city of Tumen, eight months after he appeared on public stage.<