High-income earners up in 2007: tax agency
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
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.
Korean currency jumps 2.9 pct to dollar
SEOUL, Dec. 29 (Yonhap) -- The South Korean currency jumped 2.85 percent against the U.S.
S. Korean Bond Yields on Dec. 29, 2008
S. Korean Bond Yields on Dec. 29, 2008
Today (%) Previous Session (%) Change (%P)
1-year TB 3.47 3.52 -0.05
Seoul shares inch down on bank, builder losses
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.
Meritz Fire rejects capital injection for C&Heavy
SEOUL, Dec. 29 (Yonhap) -- Meritz Fire & Marine Insurance Co. said Monday it could not extend financial support to C&Heavy Industries Co.
Hyundai Motor cuts output, 2,000 jobs in India
SEOUL, Dec. 29 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Monday it has slashed production at its Indian plant by as much as 25 percent amid sinking demand for new vehicles.
N. Korea may revive nuclear brinkmanship against new U.S. administration: report
SEOUL, Dec. 29 (Yonhap) -- North Korea may resort to brinkmanship to up the ante in multilateral talks on its nuclear program, but drastic U.S. concessions by the incoming U.S.
