China needs to reform its financial system: IMF

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By Kim Young-gyo HONG KONG, July 21 (Yonhap) -- The International Monetary Fund (IMF) said Thursday China needs to reform its financial system in order to balance its export-dependent economic grow

Seoul shares slip 0.46 pct on foreign selling

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(ATTN: UPDATES penultimate para; ADDS bond yields at bottom) SEOUL, July 21 (Yonhap) -- South Korean stocks ended 0.46 percent lower on Thursday, as foreign investors continued to sell amid persist

CJ Cheiljedang's Q2 net plunges 73 pct

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SEOUL, July 21 (Yonhap) -- CJ Cheiljedang Corp., South Korea's largest food company, said Thursday that its second-quarter earnings plunged 73.4 percent from a year earlier due to higher grain pric

Trade minister urges quick approval of KORUS FTA

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SEOUL, July 21 (Yonhap) -- South Korea's top trade official said Thursday that he hopes to see a lot of progress in moves toward the ratification of the long-pending free trade pact with the U.S.

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