[THE INVESTOR] The prosecution on July 11 indicted National Agricultural Cooperative Federation chairman Kim Byeong-won on charges of breaking election laws regarding public entities. The NACF is Korea’s largest agroindustry body that counts NongHyup Financial Group among its affiliates. Kim is the fifth NACF chief to be elected into office, and the fifth elected-chairman to come under investigation. The NACF chairman attends at prosecutor's office / The InvestorKim is suspected for breaking ele

[THE INVESTOR] The Fair Trade Commission has launched an investigation into Yuhan Kimberly on allegations that it is overpricing sanitary pads. Yuhan-Kimberly is a joint venture between Korean pharmaceutical and chemical firm Yuhan Co. and Kimberly-Clark of the US. The antitrust watchdog is looking into whether it can apply laws banning companies from abusing their market dominant position when deciding on product prices. FTC head Chung Jae-chan“We are looking into the matter, and because the in

[THE INVESTOR] The government will issue 1 trillion won (US$ 871.5 billion) in Treasury bills, the Ministry of Strategy and Finance announced on July 11. The T-bills will be issued in two equal batches on July 20 and July 27. Including the bills that will be issued later this month, the value of outstanding T-bills will stand at 4 trillion won. By Choi He-suk (cheesuk@heraldcorp.com)

[THE INVESTOR] The National Pension Service padded up its portfolio with auto, chemical and pharmaceutical stocks while offloading food and textile shares this year, data showed on July 10. According to the latest financial industry data, of the companies in which the NPS holds 5 percent or more stake, 135 saw an increase during the first six months of the year. The figures are based on the NPS’ portfolio as of end-June. National Pension ServiceOf these, 13 are in the automotive industry, 12 in