Yonhap News Agency

Daewoo Construction raided over bribery allegations

Fri, 24 May 2013 08:26:41 GMT

SEOUL, May 24 (Yonhap) -- Police raided the headquarters of Daewoo Engineering & Construction Co. on Friday as part of their probe into allegations that the country's third-largest builder received bribes from a local contractor who is currently embroi

N. Korean envoy reiterates willingness for talks

Fri, 24 May 2013 08:26:40 GMT

BEIJING/SEOUL, May 24 (Yonhap) -- A North Korean envoy met a senior Chinese military official Friday, reiterating his country's willingness to talk with "all concerned parties" to ease tension in the region in order to help Pyongyang mend frayed relati

Gov't urged to restore inter-Korean ties

Fri, 24 May 2013 07:55:30 GMT

SEOUL, May 24 (Yonhap) -- The main opposition Democratic Party (DP) called on the government Friday to normalize inter-Korean ties, saying the prolonged impasse is hurting South Korean businesses. The request came as Friday marked three years since

S. Korea closely monitors possible policy changes in monetary easing: minister

Fri, 24 May 2013 07:24:08 GMT

SEOUL, May 24 (Yonhap) -- South Korea will draw up its economy management plan for the second half in consideration of possible changes in monetary policies adopted by advanced countries, the country's top economic policymaker said Friday. The rema

Woori board OKs motion to shorten stint of new group head

Fri, 24 May 2013 07:24:07 GMT

SEOUL, May 24 (Yonhap) -- The board of Woori Finance Holdings Co. on Friday approved the government-led motion to cut the three-year stint of its new head nominee in half, sources said, reflecting the government's will to expedite the sale of the group

S. Korean Bond Yields on May 24, 2013

Fri, 24 May 2013 07:24:07 GMT

Today (%) Previous Session (%) Change (%P) 1-year TB 2.58 2.57 +0.01 3-year TB 2.62 2.61 +0.01 10-year TB 2.94 2.93

(LEAD) Seoul shares up 0.22 pct on eased currency woes

Fri, 24 May 2013 07:24:07 GMT

(ATTN: ADDS bond yields at bottom) SEOUL, May 24 (Yonhap) -- South Korean stocks edged up 0.22 percent Friday as exporters gathered ground on eased concerns over the weak Japanese yen, analysts said. The local currency rose against the U.S. dollar.

Seoul negative about joint event with North for 2000 declaration

Fri, 24 May 2013 06:52:46 GMT

SEOUL, May 24 (Yonhap) -- Seoul may not accept the North's proposal to hold a joint event for the 13th anniversary of a landmark reconciliatory inter-Korean agreement, a government official said Friday. "It's not an easy decision," the government

Seoul shares up 0.22 pct on eased currency woes

Fri, 24 May 2013 06:52:46 GMT

SEOUL, May 24 (Yonhap) -- South Korean stocks edged up 0.22 percent Friday as exporters gathered ground on eased concerns over the weak Japanese yen, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stoc

Prosecution traces CJ Group slush fund with int'l authorities

Fri, 24 May 2013 06:52:45 GMT

SEOUL, May 24 (Yonhap) -- Prosecutors are tracing overseas bank accounts of CJ Group with help from the banks to secure evidence to allegations that the local food and entertainment conglomerate amassed a massive slush fund offshore, sources close to t

(LEAD) FSC to boost profits in local financial industry: chief

Fri, 24 May 2013 06:20:45 GMT

SEOUL, May 24 (Yonhap) -- The top financial regulator said Friday he will make sure the local financial industry grows by securing new profit sources to tide over weakening profitability amid a low-rate market. Shin Je-yoon, the chairman of the Fin

Dollar ends at 1,127.4 won DN from 1,128.7 won

Fri, 24 May 2013 06:20:45 GMT

(END)

KOSPI 1,973.45 UP 4.26 points (close)

Fri, 24 May 2013 06:20:44 GMT

(END)

KOSDAQ 574.06 UP 4.72 points (close)

Fri, 24 May 2013 06:20:44 GMT

(END)

KOSPI 200 Closing Price List-1

Fri, 24 May 2013 06:20:43 GMT

SEOUL, May 24 (Yonhap) -- Friday's closing prices (KRW) of KOSPI 200 stocks traded on the main Korea Stock Exchange. AmoreG 381,000 UP 9,000 HyundaiMtr 204,000 UP 1,500 HankookShellOil 359,500 DN 500 Bukwang

KOSPI 200 Closing Price List-2

Fri, 24 May 2013 06:20:43 GMT

SamsungSecu 50,900 DN 200 DONGBU STL 3,285 DN 75 SKTelecom 220,500 DN 1,000 S&T MOTIV 28,450 UP 550 HyundaiElev 79,000 UP 800 HallaVisteonClimateC ntrl33350 UP150

KOSPI 200 Closing Price List-3

Fri, 24 May 2013 06:20:42 GMT

STX O&S 3,620 DN 15 DONGAONE 3,380 UP 5 DaeduckElec 11,500 DN 50 SamsungElecMech 95,600 UP 3,100 HANALL BIOPHARMA 7,120 DN 180 Kogas 60,600 DN 300 Samsung

KOSPI 200 Closing Price List-4

Fri, 24 May 2013 06:20:42 GMT

CheilWorldwide 24,600 UP 350 KT 40,300 UP 50 LG Uplus 12,100 DN 200 SAMSUNG LIFE 105,500 UP 1,500 SEJONG 14,150 UP 750 KT&G 77,600 DN 1,400 DHICO

KOSPI 200 Closing Price List-5

Fri, 24 May 2013 06:20:41 GMT

SK 167,500 0 SsangyongMtr 8,310 UP 10 NamyangDairy 954,000 UP 6,000 SamsungFineChem 50,500 UP 200 HYUNDAI STEEL 74,600 DN 600 Shinsegae 222,500 0 Nongshi

World's middle powers to meet in Seoul for development cooperation

Fri, 24 May 2013 06:20:41 GMT

SEOUL, May 24 (Yonhap) -- A South Korean state-run think tank will host an international meeting of middle-power countries to discuss new global governance institutions and development cooperation, Seoul's foreign ministry said Friday. The Institut

(LEAD) Senior gov't officials' assets average 1.8 bln won: data

Fri, 24 May 2013 05:49:42 GMT

SEOUL, May 24 (Yonhap) -- The average wealth of the new government's 27 highest-ranking officials, who are obliged to regularly report their personal assets, was tallied at 1.86 billion won (US$1.64 million), data showed Friday. The 27 officials ar

President Park to make 'state visit' to China

Fri, 24 May 2013 05:18:31 GMT

SEOUL, May 24 (Yonhap) -- South Korean President Park Geun-hye's upcoming trip to China will be a "state visit," the highest form of diplomatic contact between two nations, her spokeswoman said Friday. "President Park Geun-hye plans to make a state

Yonhap News Summary

Fri, 24 May 2013 05:18:30 GMT

The following is the first summary of major stories moved by Yonhap News Agency on Friday. ---------------- U.S. announces possible sale of weapons for F-35, F-15 to Korea WASHINGTON -- The U.S. government has notified Congress of possible

Today in Korean history

Fri, 24 May 2013 05:18:29 GMT

May 25 1946 -- Leading left- and right-wing politicians in the southern part of the Korean Peninsula, including Kim Kyu-sik and Yea Woon-heongg, start talks as part of their long-term plan to form a united front, and later, a Korean government

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Fri, 24 May 2013 05:18:28 GMT

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