Lee orders steps to minimize impact from U.S. rating downgrade
SEOUL (Yonhap) - President Lee Myung-bak instructed officials Monday to scrutinize the possible repercussions that a cut in the U.S.
Scandal-ridden former Air Force chief owns private airfield: sources
SEOUL (Yonhap) - A former Air Force chief recently charged with leaking military secrets to a U.S.
Savings banks to suffer additional losses from sour PF loans
SEOUL (Yonhap) - South Korean savings banks are expected to suffer additional losses of around 3 trillion won (US$2.8 billion) from soured project financing (PF) loans, a report showed Monday.
Hyundai Motor Group's U.S. share hits record 14.6 pct in July
SEOUL (Yonhap) - The market share of Hyundai Motor Co. and its affiliate Kia Motors Corp.
Seoul shares open sharply lower
SEOUL (Yonhap) - South Korean stocks started more than 1 percent lower Monday on jitters over the impact of a U.S. credit rating downgrade, analysts said.
Lee vows to overhaul disaster-prevention systems, tighten safety standards
SEOUL (Yonhap) - President Lee Myung-bak said Monday the government will overhaul disaster-prevention systems and tighten safety standards, stressing that last month's deadly downpours could repeat
