N. Korea's football team receives heroes' welcome at home
SEOUL, June 21 (Yonhap) -- North Korea's football team received a heroes' welcome
after securing a spot in the World Cup finals for the first time since 1966,
N. Korea denounces Lee, Obama for scheming atomic war
SEOUL, June 21 (Yonhap) -- North Korea on Sunday accused South Korean President
Lee Myung-bak and U.S. President Barack Obama of plotting an atomic war on the
Key industries brace for business recovery this year: poll
SEOUL, June 21 (Yonhap) -- Business conditions in the nation's key industrial
sectors are expected to improve in the second half, brightening the outlook for
Seoul mayor to visit U.S., Mongolia
SEOUL, June 21 (Yonhap) -- Seoul Mayor Oh Se-hoon will visit New York and Ulan
Bator, the capital of Mongolia, this week on a weeklong public relations tour,
his office said Sunday.
Lee nominates top prosecution, tax officials
SEOUL, June 21 (Yonhap) -- President Lee Myung-bak on Sunday announced new
nominees for the nation's top prosecutor and tax official positions, promoting
Ssangyong Motor incurs massive output loss on work stoppage
SEOUL, June 21 (Yonhap) -- Ssangyong Motors Corp., South Korea's smallest
carmaker, said Sunday that it is estimated to have suffered 140 billion won
Bank loan defaults rise on business slump
SEOUL, June 21 (Yonhap) -- Defaults by local companies and households on bank
loans inched up in May amid a prolonged economic slump, but the growth of the
S. Korean biz failures drop for 5th month
By Park Bo-ram
SEOUL, June 21 (Yonhap) -- The number of South Korean firms filing for bankruptcy
declined in May from the previous month as the nation's economic stimulus
S. Korean economy to contract 1.7 pct this year: think tank
SEOUL, June 21 (Yonhap) -- South Korea's economy is expected to shrink 1.7
percent this year as exports remain weak and fiscal spending decreases down the
