Prosecutors raise alarm over possible Hyosung slush fund
SEOUL, Jan. 13 (Yonhap) -- Prosecutors said Tuesday they found possible evidence
of slush funds amounting to billions of won created by Hyosung Construction Co.
Ssangyong Motor halts production on parts shortage
SEOUL, Jan. 13 (Yonhap) -- Ssangyong Motor Co., which applied for court
receivership to avoid bankruptcy last week amid worsening liquidity crisis, said
Ex-Im Bank sells US$2 bln in bonds overseas
SEOUL, Jan. 13 (Yonhap) -- South Korea's state-owned trade bank said Tuesday it
has sold US$2 billion worth of bonds to foreign investors to help local
exporters.
LG Chem to provide batteries for GM`s electric car
By Nam Kwang-sik
SEOUL, Jan. 13 (Yonhap) -- LG Chem Ltd., South Korea's leading producer of
chemicals, said Tuesday it has signed a deal with top U.S. automaker General
More cooperation in financial sector with Islamic nations expected: Lee
SEOUL, Jan. 13 (Yonhap) -- South Korean President Lee Myung-bak expressed hopes
Tuesday the country will increase exchanges in the financial sector with Islamic
Seoul shares open lower on Wall Street losses
SEOUL, Jan. 13 (Yonhap) -- South Korean stocks got off to a weak start Tuesday as
investor sentiment was dented by overnight falls in U.S. markets, analysts said.
S. Korea`s major shipyards cut order targets
SEOUL, Jan. 13 (Yonhap) -- South Korea's major shipbuilders are lowering their
order targets this year as a global economic slump reduces shipbuilding demand,
KOSDAQ-open
KOSDAQ 352.07 UP 0.72 points (open)
(END)
KOSPI-open
KOSPI 1,147.99 DN 8.76 points (open)
(END)
FOREX-open
Dollar opens at 1,380.0 won UP from 1,359.0 won
(END)
