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Authorities find additional data leak at card firms

SEOUL, April 1 (Yonhap) -- A close inspection discovered that personal data of 175,000 more customers were leaked from credit card firms that were responsible for a massive data theft earlier this year, financial sources said Tuesday. According to the sources, classified data of 140,000 shop owners were newly found to have leaked from KB Kookmin Card Co., while information on 35,000 customers of NH Nonghyup Card Co. were also stolen.

Corporate reports show executives raking in high salaries

SEOUL, March, 31 (Yonhap) -- Samsung Electronics Co., the world's largest mobile phone maker, paid the highest wages to non-owner family company executives among conglomerates, annual reports filed Monday showed. The company said it paid vice chairman Kwon Oh-hyun 6.77 billion won (US$6.36 million) in wages last year, with other top executives also being paid large sums.

Corporate reports show executives raking in high salaries

SEOUL, March, 31 (Yonhap) -- Samsung Electronics Co., the world's largest mobile phone maker, paid the highest wages to non-owner family company executives among conglomerates, annual reports filed Monday showed. The company said it paid vice chairman Kwon Oh-hyun 6.77 billion won (US$6.36 million) in wages last year, with other top executives also being paid large sums.

S. Korean companies pay 13.6 tln won in dividend payments

SEOUL, March 30 (Yonhap) -- South Korean companies whose fiscal year ended in December paid a total of 13.6 trillion won (US$12.7 billion) in dividends to shareholders, the Korea Securities Depository (KSD) said Sunday. The agency said the total takes into account the 892 companies listed on the country's various stock exchanges.

Cash assets held by conglomerates top 157 tln won in 2013: report

SEOUL, March 30 (Yonhap) -- Cash assets held by South Korea's top 30 conglomerates grew sharply to 157.7 trillion won (US$147.5 billion) in 2013 as businesses withheld investment in the face of mounting uncertainties, a report by an online corporate research firm showed Sunday. According to CEO Score, cash held by the 171 listed companies belonging to the largest conglomerates, excluding financial firms, were up 18.3 percent from 133.3 trillion won tallied a year earlier.

Firms get shareholders' OK for appointments, future plans

SEOUL, March 28 (Yonhap) -- A sizable number of South Korea's top firms listed on the main and tech-heavy exchanges held their annual general shareholders' meetings Friday and received approval for the appointment of corporate directors while outlining their plans for the future. The Korea Securities Depository (KSD) said a total of 497 listed companies whose fiscal year ended in December held their shareholders' meeting during the day.

Firms get shareholders' OK for appointments, future plans

SEOUL, March 28 (Yonhap) -- A sizable number of South Korea's top firms listed on the main and tech-heavy exchanges held their annual general shareholders' meetings Friday and received approval for the appointment of corporate directors while outlining their plans for the future. The Korea Securities Depository (KSD) said a total of 497 listed companies whose fiscal year ended in December held their shareholders' meeting during the day.

Hyundai Motor shares jump on plan for new China factory

SEOUL (Reuters) - Shares in Hyundai Motor <005380.KS> rose more than 3 percent on Wednesday after the automaker said it planned to sign a preliminary deal on Thursday to build the automaker's fourth manufacturing plant in China. Group chairman Chung Mong-koo plans to sign the deal to build the new plant in Chongqing, Hyundai said on Wednesday. Hyundai shares were up 3.2 percent at 240,000 Korean won each, beating the wider market's <.KS11> 0.7 percent rise as of 0057 GMT.

S. Korean economy grows 3 pct in 2013

By Kim Soo-yeon SEOUL, March 26 (Yonhap) -- The South Korean economy grew 3 percent in 2013, faster than an earlier estimate, as exports remained robust and consumer spending gained, the central bank said Wednesday. Korea's gross domestic product (GDP), the broadest measure of economic performance, was compared with a previous estimate of a 2.8 percent on-year gain, according to the Bank of Korea (BOK). The economy grew a revised 2.3 percent in 2012. The 2013 data marked the fastest yearly growth since 2011 when the GDP grew 3.7 percent.

S. Korean economy grows 3 pct in 2013

By Kim Soo-yeon SEOUL, March 26 (Yonhap) -- The South Korean economy grew 3 percent in 2013, faster than an earlier estimate, as exports remained robust and consumer spending gained, the central bank said Wednesday. Korea's gross domestic product (GDP), the broadest measure of economic performance, was compared with a previous estimate of a 2.8 percent on-year gain, according to the Bank of Korea (BOK). The economy grew a revised 2.3 percent in 2012. The 2013 data marked the fastest yearly growth since 2011 when the GDP grew 3.7 percent.
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