The Korea Interbank Offered Rates (KORIBOR)
SEOUL, May 21 (Yonhap) -- The Korea Interbank Offered Rates (KORIBOR) as posted
by Yonhap Infomax, the financial news and information arm of Yonhap News Agency,
at 11:00 a.m.
Ruling party elects president's confidant as floor leader
SEOUL, May 21 (Yonhap) -- The ruling Grand National Party (GNP) elected a
longtime supporter of President Lee Myung-bak as its new floor leader Thursday in
Seoul stocks end down 0.98 pct on cloudy recovery outlook
SEOUL, May 21 (Yonhap) -- South Korean shares closed 0.98 percent higher Thursday
as bleak outlooks for a quick economic recovery set off selling in shipping, tech
Global cities vow stronger, larger roles on climate change
(ATTN: photos available)
By Shin Hae-in
SEOUL, May 21 (Yonhap) -- Global city leaders wound up a three-day conference on
Liquidity in financial system not excessive: BOK
SEOUL, May 21 (Yonhap) -- South Korea's liquidity supply in the market is not
excessive, but there is a need to be cautious against a possible shift of
S. Korean conglomerates flush with cash, but reluctant to invest
By Park Bo-ram
SEOUL, May 21 (Yonhap) -- South Korea's major family-controlled conglomerates
have ample cash on hand but are reluctant to invest in new plants and equipment
Hyundai to spend 214 bln won on new models in 2010
SEOUL, May 21 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker,
plans to spend 214 billion won (US$172.3 million) next year to develop five new
Wealth gap in S. Korea peaks in 2008: data
SEOUL, May 21 (Yonhap) -- A protracted economic slump caused South Korea's wealth
gap to peak in 2008, indicating the underprivileged are more vulnerable to job
KDB to have price negotiations to buy Dongbu Metal
SEOUL, May 21 (Yonhap) -- South Korea's state-run Korea Development Bank (KDB)
said Thursday it plans to start price negotiations with Dongbu Group to buy the
Thursday's weather forecast
SEOUL, May 21 (Yonhap) -- The following is the weather
forecast for South Korea's 12 major cities at 9:00 a.m. Thursday.
