Since the 1997-98 financial crisis that forced South Korea to seek bailout from the International Monetary Fund, many salary workers in their 30s and 40s have been grappling with unstable employmen.. [Jun.26,2006 10:47 KST]

Consumers and companies are feeling the pinch of a possible economic slowdown, as the Bank of Korea’s consumer sentiment index fell... [Jun.26,2006 09:49 KST]

Possibility is high that the maximum allowable tariff will be imposed on South Korean agricultural exports in regulations by the World Trade Organization (WTO). South Korea’s Ministry o.. [Jun.24,2006 09:05 KST]

Kumho-Asiana Group, a midsize family-run industrial conglomerate, was chosen as the preferred bidder for a controlling stake in Daewoo Engineering & Construction Co., the construction company's main .. [Jun.22,2006 21:35 KST]

Prosecutors investigating the Hyundai Motor Group’s use of illegal slush funds have detained Yon Won-young, former president of the state-run... [Jun.22,2006 11:43 KST]

SK Telecom Co., South Korea's top mobile phone company, said Wednesday it will spend as much as US$1 billion to buy convertible bonds of China Unicom Ltd. early next month, in a drive to secure a fo.. [Jun.21,2006 16:22 KST]

Though the Board of Audit and Inspection (BAI) found against Korea Exchange Bank in its investigation of the bank’s sale to the U.S. private... [Jun.21,2006 11:24 KST]

Ahead of yesterday’s announcement by the Board of Audit and Inspection (BAI), which had been looking into allegations surrounding the sale... [Jun.20,2006 10:13 KST]

Hanwha Group said Monday that it has informed a state-run deposit insurer of its decision to buy an additional stake in Korea Life Insurance Co. According to the group, boards of its seven affi.. [Jun.19,2006 15:21 KST]

U.S.-based investment fund Lone Star may return part of its profit from the planned sale of its stake in Korea Exchange Bank, the country's financial watchdog said Monday. The Dallas-based fund.. [Jun.19,2006 11:42 KST]