POSCO tumbles on explosion at furnace

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SEOUL, Aug. 19 (Yonhap) -- POSCO, South Korea's leading steelmaker, plunged on the local bourse on Friday on reports that an explosion at one of its furnaces took place earlier in the day.

Seoul shares plunge 4.1 pct in late-morning trade

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SEOUL, Aug. 19 (Yonhap) -- South Korean stocks plunged 4.1 percent late Friday morning as investors were spooked by renewed worries over another global economic recession, analysts said.

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