SEOUL, July 26 (Yonhap) -- The state-run Export-Import Bank of Korea (Eximbank) said Tuesday it has provided a US$58 million loan to top local cinema chain CJ CGV to acquire Vietnam's leading indus

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By Lee Minji

SEOUL, July 26 (Yonhap) -- South Korean stocks closed 0.85 percent higher on Tuesday as institutional investors scooped up brokerage houses on prospects for the birth of big homegrown investment ba

SEOUL, July 26 (Yonhap) -- Kumho Industrial Co., the construction arm of Kumho Asiana Group, said Tuesday that it sold part of its stake in Daewoo Engineering & Construction Co.

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By Lee Minji

SEOUL, July 26 (Yonhap) -- Hankook Tire Co., South Korea's leading tire maker, said Tuesday that its operating profit tumbled 33.6 percent on-year in the second quarter mainly due to a rise in raw

SEOUL, July 26 (Yonhap) -- The government will push to cremate inmates who die without known surviving relatives, instead of temporarily burying them under the current system, as a measure to resol

SEOUL, July 26 (Yonhap) -- South Korea's financial watchdog has requested local banks to unveil their contingency plans to secure foreign currency liquidity for rainy days in an effort to cushion t