Property loan defaults unlikely to pose systemic risk: watchdog
SEOUL, March 30 (Yonhap) -- Property loans extended by banks and other financial
firms remain "relatively" sound and possible defaults would not spark systemic
(2nd LD) S. Korea`s current account swings to surplus in Feb.
(ATTN: RECASTS lead, para 4; UPDATES with remarks by BOK official in paras 5-7;
TRIMS throughout)
By Kim Soo-yeon
Seoul stocks open higher on tech, auto gains
SEOUL, March 30 (Yonhap) -- South Korean stocks opened higher Monday, fueled by
electronics and carmaker gains, analysts said.
KOSDAQ-open
KOSDAQ 423.69 UP 2.45 points (open)
(END)
KOSPI-open
KOSPI 1,239.80 UP 2.29 points (open)
(END)
FOREX-open
Dollar opens at 1,360.0 won UP from 1,349.0 won
(END)
(LEAD) S. Korea`s current account swings to surplus in Feb.
(ATTN: RECASTS headline, lead; UPDATES with analyst's remarks and more info in paras
6,10)
By Kim Soo-yeon
S. Korea`s current account surplus hits 4-month high in Feb.
By Kim Soo-yeon
SEOUL, March 30 (Yonhap) -- South Korea posted the biggest current-account
surplus in four months in February as the goods balance improved due to a sharp
KAMCO to buy distressed property loans from financial firms: watchdog
(ATTN: RECASTS headline, lead; ADDS more info in paras 3,7-10)
SEOUL, March 30 (Yonhap) -- State debt clearer Korea Asset Management Corp.
S. Korea opposes military action against N. Korea: president
(ATTN: RECASTS headline, lead paras; UPDATES with additional remarks, more details,
minor changes)
By Byun Duk-kun
