S. Korea to pour 1 tln won into troubled savings banks
SEOUL, Dec. 3 (Yonhap) -- South Korea's financial watchdog said Wednesday that it will inject 1 trillion won in public funds this month to help savings banks cope with bad loans.
S. Korean actor becomes advocate for UN World Food Programme
HONG KONG, Dec. 3 (Yonhap) -- South Korean actor Jang Dong-gun was named
Wednesday as a spokesperson for the UN's food aid branch and charged with the
(News Focus) Further decline in foreign reserves feared to augment market jitters
SEOUL, Dec. 3 (Yonhap) -- A further decline in South Korea's foreign currency
reserves could worsen market volatility as local companies increasingly encounter
Creditors OK debt rescheduling plan for C&Heavy
SEOUL, Dec. 3 (Yonhap) -- Creditors of C&Heavy Industries Co., a shipbuilding
affiliate of South Korea's C&Group, said Wednesday they approved a plan to
Ruling party shapes up Lee's media overhaul
SEOUL, Dec. 3 (Yonhap) -- President Lee Myung-bak's conservative party laid
concrete plans for sweeping media reforms Wednesday, under which newspapers will
Today in Korean history
Dec. 4
Seoul develops integrated combat system for naval ships
SEOUL, Dec. 3 (Yonhap) -- South Korea on Wednesday introduced an indigenous
integrated combat system for its Navy warships that can simultaneously detect and
S. Korea's procurement agency to front-load 2009 budget
SEOUL, Dec. 3 (Yonhap) -- South Korea's procurement agency said Wednesday that it
will front-load around 70 percent of its 2009 budget spending in the first half
Prosecution to summon, charge NHN, Daum chiefs for on-line music downloading
(ATTN: ADDS paras 8,9 for Naver spokesman quote, accusation)
SEOUL, Dec. 3 (Yonhap) -- Prosecutors said Wednesday they will summon the chiefs
Seoul shares up 0.66 pct in late morning
SEOUL, Dec. 3 (Yonhap) -- South Korean stocks traded 0.66 percent higher late
Wednesday morning as retail investors snapped up battered blue chips following
