BOK denies report on OTC purchase of yuan bonds

Submitted by YONHAP on

SEOUL (Yonhap) - South Korea's central bank has not submitted an application to its Chinese counterpart to get approval for investment in yuan bonds traded on China's over-the-counter (OTC) market,

Seoul shares up 2.04 pct in late-morning trade

Submitted by YONHAP on

SEOUL (Yonhap) - South Korean stocks traded 2.04 higher late Thursday morning, boosted by optimism over Europe's efforts to resolve the imminent Greek default, analysts said.

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