The South Korean Ministry of Foreign Affairs and Trade reportedly sent an official letter to the Ministry of Health and Welfare to urge it to... [Oct.23,2006 13:44 KST]

Even after a series of reforms meant to curb illegal practices, the private lending market has continued to grow, with unscrupulous loan practices affecting new socioeconomic classes. The Korean I.. [Oct.23,2006 13:39 KST]

South Korea and the U.S. resume free trade talks on Monday amid tighter security and the looming shadow of North Korea's recent nuclear test, which has prompted global condemnation and sanctions. .. [Oct.23,2006 08:56 KST]

South Korea's main stock market is likely to continue its uptrend next week due to an expectation of the U.S. economy achieving a soft landing and solid corporate earnings, analysts said Saturday... [Oct.21,2006 15:04 KST]

Pantech, a South Korea mobile phone manufacturer, has embarked on restructuring efforts after suffering from a 150 billion ($US155 million) loss last year. On Friday, it announced it would consolidate.. [Oct.21,2006 14:24 KST]

South Korea’s Finance Minister Kwon O-kyu made comments on October 20 that suggested the nation’s economy is virtually in recession. The... [Oct.21,2006 14:10 KST]

Kia Motors Corp., South Korea's second-largest automaker, will begin construction of its first U.S. plant on Friday after a six-month delay over a bribery scandal involving its top executives, compan.. [Oct.20,2006 20:03 KST]

South Korea's Samsung Electronics Co. said Thursday it has developed a 1-gigabit dynamic random access memory (DRAM) chip based on the latest 50-nano technology. The world's largest memory c.. [Oct.19,2006 21:42 KST]

Two South Korean executives and an American were indicted on charges of price-fixing and bid-rigging in the DRAM memory chip industry, the U.S. Justice Department said Wednesday. The indictment.. [Oct.19,2006 21:06 KST]

A proposed free trade agreement with the United States is expected to cost as much as 1 trillion won (US$1.2 billion) in damage to the South Korean pharmaceutical industry if the U.S. proposal for the.. [Oct.17,2006 14:49 KST]