HMM Q1 net spikes on high shipping rates

SEOUL-- South Korea's leading container shipper HMM Co. said Friday its first-quarter earnings rose nearly twentyfold from a year earlier amid high freight rates.Net profit stood at 3.13 trillion won…

Finance minister, BOK chief to meet Monday

SEOUL-- Finance Minister Choo Kyung-ho and Bank of Korea Governor Rhee Chang-yong will meet next week to discuss the economic situation and coordinate their policies, the finance ministry said Friday.Choo…