South Korean stocks closed over 3 percent higher Thursday from a combination of massive program buying, a three-day fall in oil prices and hopes of a pause in the U.S. rate increase cycle. The South.. [Jul.20,2006 17:28 KST]

Woori Bank will open an investment banking unit in Hong Kong next month. It would be the first time a South Korean investment bank has set up a foreign office, and attention is focused on wh.. [Jul.20,2006 09:58 KST]

South Korean stocks closed slightly higher Wednesday as investors sat on their hands despite a fall in oil prices, due to concerns over U.S. inflation and interest rates. The South Korean won.. [Jul.19,2006 16:42 KST]

Annual growth of sales at South Korea's major department stores and discount chains slowed down in June as the economy began to lose steam, a government report said Wednesday. The combined sale.. [Jul.19,2006 16:38 KST]

South Korean stocks ended over 1.7 percent lower Tuesday, as investor sentiment was pummeled by worries about higher oil prices. The South Korean won depreciated sharply against the U.S. dollar. .. [Jul.18,2006 21:04 KST]

Samsung Electronics Co. said Tuesday it will invest 1.8 trillion won (US$1.9 billion) to build a liquid crystal display (LCD) panel plant in South Korea in cooperation with its Japanese business.. [Jul.18,2006 16:06 KST]

The number of workers over 50 surpassed the working population of those in their 30s and 40s for the first time, reflecting the rapid aging of the country as a whole. The National Statistic.. [Jul.18,2006 11:24 KST]

The ratio of South Korea's imports to its national income soared to a 23-year high in 2005 as high-flying crude prices sharply increased the country's oil bills, a report said Monday. Accord.. [Jul.17,2006 21:01 KST]

South Korea's commodity prices in June posted the highest growth rate in 18 months on high import costs of raw materials such as crude oil, the nation's central bank said Monday. The pric.. [Jul.17,2006 14:18 KST]

South Korean exporters--especially small and medium-sized enterprises--are feeling the pinch from an array of unfavorable economic factors,... [Jul.17,2006 11:44 KST]