China set to further tighten property market

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HONG KONG, July 15 (Yonhap) -- China said Friday that it will take additional measures to cool its hot real estate market as investors' appetite for housing remains strong amid spiraling inflation.

Lee names new justice minister, prosecutor general

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SEOUL, July 15 (Yonhap) -- President Lee Myung-bak on Friday nominated one of his senior secretaries as the new justice minister, overriding protests from opposition parties and some ruling party l

Seoul shares up 0.71 pct on institutional buying

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SEOUL, July 15 (Yonhap) -- South Korean stocks closed 0.71 percent higher on Friday as institutions snapped up retailers and domestic-oriented companies amid lingering concerns on the global econom

Oil refiners chided for steep price hikes

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SEOUL, July 15 (Yonhap) -- South Korea's finance ministry criticized local oil refineries Friday for jacking up their oil supply prices too much after ending temporary price discounts.

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