Seoul court says KEB sale to Lone Star was 'unavoidable,' clears charges
(ATTN: UPDATES with details)
SEOUL, Nov. 24 (Yonhap) -- A district court ruled Monday the 2003 sale of Korea
N. Korea suspends Kaesong tours, historic train link
SEOUL, Nov. 24 (Yonhap) -- North Korea said on Monday it will suspend tours to
Kaesong and cross-border rail service starting Dec. 1 in protest of Seoul's tough
Seoul court says KEB sale to Lone Star was 'unavoidable'
SEOUL, Nov. 24 (Yonhap) -- A district court ruled Monday the 2003 sale of Korea
Exchange Bank to U.S. equity firm Lone Star Funds was an "unavoidable" decision
Foreign ministry to seek 7.7 percent budget hike next year
SEOUL, Nov. 24 (Yonhap) -- South Korea's Foreign Ministry said Monday that it
would ask for a 7.7-percent increase year-on-year in its 2009 budget.
Half of Seoul's native English-speaking teachers not qualified: gov't report
SEOUL, Nov. 24 (Yonhap) -- Half of the native English-speaking teachers placed at
elementary, middle and high schools in Seoul do not have teaching degrees or
BOK to inject up to 5 tln won into bond fund
By Kim Soo-yeon
SEOUL, Nov. 24 (Yonhap) -- South Korea's central bank said Monday it will inject
up to 5 trillion won (US$3.33 billion) into an envisioned bond fund aimed at
Seoul shares down 1.79 pct on recession woes
SEOUL, Nov. 24 (Yonhap) -- South Korean stocks plunged 1.79 percent in a volatile
session late Monday morning on deepening concerns over a global economic
slowdown, analysts said.
Foreign investments in South Korea jump over 40 pct
SEOUL, Nov. 24 (Yonhap) -- Foreign investment in South Korea has jumped over 40
percent so far this year in a turnaround from recent years despite a global
N. Korea calls meeting with S. Korean firms in Kaesong
(ATTN: UPDATES throughout with Unification Ministry's press briefing; CHANGES source)
By Shim Sun-ah
SEOUL, Nov. 24 (Yonhap) -- Heads of South Korean plants operating at an
C&Heavy Industries may enter debt workout program: source
SEOUL, Nov. 24 (Yonhap) -- Creditors of C&Heavy Industries Co., a South Korean
shipbuilder, said Monday they are considering putting the cash-squeezed firm on a
