UPDATE 1-S.Korea FTC to probe six biggest conglomerates

Newswire

(Adds comments from businesses, analysts) SEOUL, July 25 (Reuters) - South Korea said on Thursday it would investigate Samsung Group and five other conglomerates to check for unfair practices, after widening accounting scandals battered U.S. stocks over the past several weeks. Samsung [SAGR.UL], LG [LUGG.UL], SK, Hyundai Motor , Hyundai Heavy Industries and Hyundai Group [HYGR.UL] have been asked to submit financial statements by August 3, the Fair Trade Commission (FTC) said in a ...

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