Yonhap News Summary

Submitted by YONHAP on

Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency
on Friday.

Moody's cuts POSCO's rating outlook to negative

Submitted by YONHAP on

SEOUL, March 13 (Yonhap) -- Moody's Investors Service said Friday it has downgraded its rating outlook for POSCO to negative from stable due to a downturn in the global steel industry while retaini

S. Korea-ASEAN Center opens in Seoul

Submitted by YONHAP on

SEOUL, March 13 (Yonhap) -- An international agency tasked with boosting ties
between South Korea and Southeast Asian countries was inaugurated here Friday as

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