Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency
on Monday.
S. Korea's foreign investment to decline in face of weak global economy
SEOUL, Nov. 17 (Yonhap) -- South Korea's outbound foreign investment is expected
to decline as the financial crisis hits the global economy, the government said
Monday.
S. Korea's household loans up for 8th month
SEOUL, Nov. 17 (Yonhap) -- South Korean bank loans to households rose for an
eighth month in September amid growing demand for home-backed loans, the central
bank said Monday.
Life insurers see H1 earnings dip 45.7 pct amid turmoil
SEOUL, Nov. 17 (Yonhap) -- The total earnings of life insurers operating in South
Korea tumbled 45.7 percent on-year in the first half of fiscal 2008, dented by
Ruling party to keep minimum real estate tax base
SEOUL, Nov. 17 (Yonhap) -- The conservative ruling party has decided to keep the
minimum base on the country's real estate tax at 600 million won (US$427,000) to
Seoul shares down 0.9 pct in late morning
SEOUL, Nov. 17 (Yonhap) -- South Korean stocks slumped 0.9 percent late Monday
morning as Wall Street losses in the previous session weighed down on tech, steel
Supreme Court ends decade-long dispute, orders lawmaker to pay fine
SEOUL, Nov. 17 (Yonhap) -- The Supreme Court has ordered a labor party lawmaker
to pay a fine for his leading role in street protests during the mid-1990s,
Strike will not affect subway operation, says Seoul Metro
SEOUL, Nov. 17 (Yonhap) -- The expected strike by unionized subway workers later
this week will not affect operations in Seoul, an official said Monday.
Two star players join S. Korea's World Cup squad ahead of qualifier
DOHA, Qatar, Nov. 17 (Yonhap) -- Manchester United's Park Ji-sung and Lee
Young-pyo of Germany's Borussia Dortmund joined the South Korean national squad
S. Korea, Brazil sign MOU to fuel export of ships, industrial plants
By Lee Joon-seung
SEOUL, Nov. 17 (Yonhap) -- South Korea and Brazil on Monday signed a memorandum
