Prosecutors raid 7 newly suspended savings banks
(ATTN: ADDS more details, bank executive's death in paras 3-8)
(ATTN: ADDS more details, bank executive's death in paras 3-8)
(ATTN: UPDATES with remarks by S. Korean trade minister in last 5 paras)
By Lee Chi-dong
SEOUL(Yonhap) - The head of one of the nation's seven savings banks whose operations were suspended due to capital shortages last week was found dead in an apparent suicide Friday, police said.
SEOUL, Sept.
By Kim Young-gyo
SEOUL, Sept. 23 (Yonhap) -- CJ CheilJedang Corp., South Korea's biggest food manufacturer, said Friday it will build a new feed factory in China in bid to beef up its presence there.
SEOUL, Sept. 23 (Yonhap) -- South Korean stocks traded 4.36 percent lower late Friday morning as investors were jittery about concerns about the global economic recession, analysts said.
SEOUL, Sept.