Busan Bank raises 200 bln won to boost capital
SEOUL, March 12 (Yonhap) -- Busan Bank said Thursday it has raised 200 billion won (US$133.5 million) through share offerings to boost its capital base.
Russia cautious about sanctioning N. Korea for rocket launch
By Lee Chi-dong
Kumho Tire idles all local plants for 5 days as demand wilts
SEOUL, March 12 (Yonhap) -- Kumho Tire Co., South Korea's second-largest tiremaker, said Thursday it has shut all of its three plants at home for five days amid sluggish demand.
Philips sells remaining stake in LG Display
SEOUL, March 12 (Yonhap) -- LG Display Co. said Thursday that its co-founder Royal Philips N.V. has disposed of its remaining stake in the world's No.
Korea's trade surplus reaches US$120 mln in early March
SEOUL, March 12 (Yonhap) -- South Korea recorded a trade surplus of US$120 million in the first 12 days of March as the ongoing economic slump hurt demand for imports, the customs office said Thurs
N. Korea informs int'l body of satellite launch between April 4-8: source
SEOUL, March 12 (Yonhap) -- North Korea has informed international organizations that it will launch a "satellite" between April 4-8, an intelligence source here said Thursday, following Pyongyang'
S. Korean elected member of Int'l Hydrographic Org.
SEOUL, March 12 (Yonhap) -- A South Korean professor has been elected as a member of the International Hydrographic Organization (IHO), the government said Thursday.
Gov't set to help low-income, jobless people
SEOUL, March 12 (Yonhap) -- The government plans to spend 6.09 trillion won (US$4.09 billion) to help low income earners and unemployed workers cope with the current economic crisis, the finance mi
