MBC chief offers to resign over delayed merger plan

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SEOUL, July 29 (Yonhap) -- The president of South Korean broadcaster MBC offered to resign Friday over the government regulator's refusal to approve a planned merger of two regional stations, the b

Seoul shares drop 1.05 pct on U.S. debt jitters

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SEOUL, July 29 (Yonhap) -- South Korean stocks finished 1.05 percent lower Friday as the U.S. political deadlock over a debt limit deal unleashed foreign sell-offs, analysts said.

China's int'l bourse likely to face challenges

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HONG KONG, July 29 (Yonhap) -- China's expected launch of a special bourse for foreign companies will likely face some challenges as the country's financial markets are not fully developed, a think

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