KAMCO to buy 1 tln won bad loans from banks
(ATTN: ADDS more details in last two paras)
Seoul shares down 0.45 pct in late morning
SEOUL, Dec. 12 (Yonhap) -- South Korean stocks dropped 0.45 percent late Friday morning on hefty overnight falls on Wall Street and profit-taking, analysts said.
Ssangyong Motor union warns of 'strong resistance' amid crisis
SEOUL, Dec. 12 (Yonhap) -- The labor union of Ssangyong Motor Co.
(2nd LD) S. Korean economic growth to cool to 2 pct in 2009: BOK
(ATTN: UPDATES with remarks by central bank official in paras 6,7; TRIMS throughout)
By Kim Soo-yeon
KAMCO to buy 1 tln won bad loans from banks
SEOUL, Dec. 12 (Yonhap) -- State-run debt clearer Korea Asset Management Corp.
S. Korean economic growth to cool to 2 pct in 2009: BOK
By Kim Soo-yeon
Nuclear talks crumble, protracted stalemate looms
(ATTN: UPDATES throughout with S. Korean envoy's comments)
By Lee Chi-dong
Seoul shares tumble 4.38 pct on failed U.S. auto bailout
SEOUL, Dec. 12 (Yonhap) -- South Korean shares plunged 4.38 percent Friday as investor confidence was buffeted by the collapse of a U.S. bailout plan for automakers, analysts said.
