High-income earners up in 2007: tax agency

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SEOUL, Dec. 29 (Yonhap) -- The number of South Koreans earning more than 100 million won (US$80,000) a year jumped nearly 10 percent in 2007, government data showed Monday.

Seoul shares inch down on bank, builder losses

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SEOUL, Dec. 29 (Yonhap) -- South Korean stocks ended lower for a fifth straight session on Monday as investors unloaded banks, builders and other large-cap shares amid a dimmed economic outlook.

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