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Guerrilla banking: North Korean underground investors fund state projects - report

SEOUL Devoid of consumer high street banks, North Korea has seen a recent rise in underground financing and investment, much of which supports state-managed projects, a South Korean report said on Thursday.

South Korean household debt burden grows, no default risk seen for now 30 Jun 2016

SEOUL, June 30 The soundness of South Korean household finances worsened slightly in the first half of the year as debt grew faster than disposable income, the Bank of Korea said on Thursday.

S.Korea dept, discount store sales both decline in May 29 Jun 2016

SEOUL, June 29 Sales at top South Korean department and discount stores in May both fell and were worse than initially expected, finalised government data showed on Wednesday, backing policymakers' concerns over consumption softening in Asia's fourth-largest economy.

CJ Group says submitted letter of intent to buy McDonald's South Korean unit 29 Jun 2016

SEOUL South Korea's CJ Group, a food-to-entertainment conglomerate, said on Wednesday it has submitted a letter of intent to buy McDonald's Corp's South Korean unit, adding that details have not been decided.

UPDATE 1-CJ Group says submitted letter of intent to buy McDonald's S.Korean unit 29 Jun 2016

SEOUL, June 29 South Korea's CJ Group, a food-to-entertainment conglomerate, said on Wednesday it has submitted a letter of intent to buy McDonald's Corp's South Korean unit, adding that details have not been decided.

UPDATE 1-BOK members flagged weakening consumption at rate cut meeting-minutes 28 Jun 2016

* BOK cut rates to record low 1.25 pct on June 9 (Adds more comments)

UPDATE 2-S.Korea proposes $8.4 bln extra budget shield against Brexit, domestic risks 28 Jun 2016

* President calls for fast action regarding extra budget (Replaces govt official's comments with president's remarks)

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South Korea issues arrest warrant for VW executive in emissions probe 24 Jun 2016

SEOUL A South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker's efforts to move on from the scandal.

UPDATE 2-S.Korea issues arrest warrant for VW exec in emissions probe 24 Jun 2016

* Volkswagen losing share of Asia's No.2 diesel car market (Adds details on probe, context, background)

South Korea says it will take market stabilisation measures as needed on UK results 24 Jun 2016

SEOUL South Korea said it will implement market stabilising measures as needed because the country will inevitably be affected by market turbulence sparked by the results of the vote in Britain whether to quit the European Union or not.

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U.S., Russia discuss Syria cooperation if Assad halts some strikes

WASHINGTON The Obama administration is considering a plan to coordinate air strikes on Nusra Front and Islamic State militants in Syria if Syria'a government stops bombing moderate rebels, U.S. officials said on Thursday.