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U.S. markets recover from steep losses
SEOUL, April 21 (UPI) -- The chairman of South Korea's Hyundai Automotive Group has been summoned to appear before prosecutors for questioning.
Chung Mong-koo was ordered to appear Monday at a meeting with authorities investigating an alleged slush fund scandal at the nation's biggest carmaker, the Korea Times reported Friday.
Chung "will face questioning about how he was involved in raising tens of billions of won in secret funds and lobbying politicians and government officials for business favors," a prosecutors' spokesman said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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