Bank loan defaults rise on business slump

Submitted by YONHAP on

SEOUL, June 21 (Yonhap) -- Defaults by local companies and households on bank
loans inched up in May amid a prolonged economic slump, but the growth of the

S. Korean biz failures drop for 5th month

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By Park Bo-ram
SEOUL, June 21 (Yonhap) -- The number of South Korean firms filing for bankruptcy
declined in May from the previous month as the nation's economic stimulus

Movie ticket prices set to rise in Korea

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SEOUL, June 21 (Yonhap) -- Megabox Cineplex, one of the nation's largest
multiplex cinema chains, said Sunday it will raise its ticket price starting this

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