Time for banks to act
The Bank of Korea's Monetary Policy Committee lowered the benchmark interest rate by 0.25 percent from the current 4.25 percent to 4 percent on Friday.
The Bank of Korea's Monetary Policy Committee lowered the benchmark interest rate by 0.25 percent from the current 4.25 percent to 4 percent on Friday.
MEXICO CITY, Nov. 7 (Yohap) -- The South Korean city of Daegu was selected Friday to host the 2013 World Energy Congress, beating rival candidates Copenhagen and South Africa's Durban.
SEOUL, Nov. 8 (Yonhap) -- The rate of poverty among elderly people in South Korea, one of the world's fastest-aging societies, is the highest among leading economies, a report showed Saturday.
SEOUL, Nov. 8 (Yonhap) -- The following is the weather
forecast for South Korea's 12 major cities at 9:00 a.m. Saturday.
SEOUL, Nov. 8 (Yonhap) -- Hyundai Motor Co. denied on Saturday a report that it has held talks to take over U.S. automaker Chrysler LLC's Jeep brand.
WASHINGTON, Nov. 7 (Yonhap) -- The United States said Friday it is analyzing recently released photos of North Korean leader Kim Jong-il for clues to his health.
SEOUL, Nov. 7 (Yonhap) -- South Korea's quarantine service said Friday that it has found banned antibiotics that can cause serious bone marrow defects in cooked duck meat from China.
The following is the second summary of major stories moved by Yonhap News Agency on Friday.
SEOUL, Nov. 7 (Yonhap) -- North Korea said Friday the world's interest in "peaceful" development and research of space is expanding and that it will step up efforts to join the growing trend.