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News on Posco (Ticker: PKX) continually updated from thousands of sources around the net.

Friday May 25 | English Dong-A

Leading steel maker to donate $8.5 mln to forced draft victims

Korea`s top steel maker POSCO, which benefited from Japanese loans under the 1965 Korea-Japan treaty that normalized bilateral ties, will donate 10 billion won to Koreans forcefully drafted into the Japanese military under Japanese colonial rule.

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Related Topix: Steel

Fri May 18, 2012

Korea Herald

POSCO denies report on Lee SD's involvement in inves...

POSCO on Friday denied a report that lawmaker Lee Sang-deuk, elder brother of President Lee Myung-bak, encouraged the steelmaker to make a failed investment in a savings bank two years ago.

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Related Topix: Steel, Lee Myung-bak

Thu May 10, 2012

English Dong-A

Interference in steel maker`s personnel

Evidence has appeared implicating former Vice Knowledge Economy Minister Park Young-june`s involvement in the appointment of the chairman of Korea`s leading steel maker POSCO.

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Related Topix: Steel, Lee Myung-bak

Korea Herald

Shares down on European debt woes

South Korean stocks closed 0.27 percent lower Thursday as election results renewed European debt concerns and caused U.S. stocks to fall in overnight trading, analysts said.

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Related Topix: Financial Markets, Steel

Thu May 03, 2012

Korea Herald

POSCO peturbed by scandal, suit

Steelmaker mired in controversial 'Picity' development project and patent suit POSCO, the world's fourth-largest steelmaker, is mired in the influence-peddling scandal involving "Picity." Suspicious eyes are looking to relations between POSCO and JE&T chief Lee Dong-jo after prosecutors summoned Park Young-joon, a former vice commerce minister and ... (more)

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Related Topix: Steel, Lee Myung-bak

Wed May 02, 2012

Korea Herald

Who's next?

A criminal investigation into a corruption scandal involving a shopping mall developer took a new turn when prosecutors summoned Park Young-joon, a former vice minister of knowledge economy and one of President Lee Myung-bak's closest protgs, for questioning Wednesday.

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Related Topix: Prison, Lee Myung-bak, Steel

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