Gov't axes 2012 budget for presidential jet
By Kim Deok-hyun
Gov't to pump more money into suspended savings banks
SEOUL (Yonhap) - South Korea's financial regulator said Tuesday it plans to inject more funds into suspended local savings banks as part of its efforts to salvage the sector struggling with heavy l
Weather agency to introduce 'flu infection index'
By Oh Seok-min
Korea's business sentiment improves for Oct.
SEOUL (Yonhap) - South Korea's business sentiment for October improved from a month earlier on expectations that the local currency's weakness to the U.S.
S. Korea's electricity sales rise in Aug.
SEOUL (Yonhap) - A large increase in power usage in the industrial sector was the driver of a 3-percent increase in South Korea's electricity sales in August from a year earlier, the government sai
China urged to learn from S. Korea's industrial rise
By Kim Young-gyo
Seoul shares open higher on bargain hunting
SEOUL (Yonhap) - South Korean stocks got off to a strong start on Tuesday as foreigners and institutions hunted for bargains following the stock market's recent heavy losses, analysts said.
Lotte Mart opens new stores in Indonesia, China
SEOUL (Yonhap) - Lotte Mart Co., South Korea's third-largest discount chain store, said Tuesday that it will open two new stores each in Indonesia and China as part of its overseas expansion.
Hyundai, Kia to see combined exports top 2 mln units this year
SEOUL (Yonhap) - Hyundai Motor Co. and its affiliate Kia Motors Corp.
Korean won worst performer among major currencies
SEOUL (Yonhap) - The South Korean currency fell more than 12 percent to the U.S.
