Murky relations with top bank officials alleged Former finance minister Lee Hun-jai received a loan at an interest rate below market level... [Jun.19,2006 11:09 KST]

South Korea is expected to have recorded a current account surplus in May, reversing the previous month's current account deficit that was the... [Jun.19,2006 10:20 KST]

South Korea and China have agreed to a gradual liberalization of commercial air transportation between the two countries. The move is... [Jun.17,2006 11:47 KST]

The National Assembly has come under fire for its alleged lack of preparation concerning the South Korean-U.S. free trade agreement (FTA) talks, the first round of which was completed in Washing.. [Jun.15,2006 12:01 KST]

South Korea’s shares will continue to lose their momentum, market analysts say, as concerns over an interest-rate hike and an economic slowdown could prompt foreign investors to unload their h.. [Jun.15,2006 11:15 KST]

Two of South Korea’s largest conglomerates, which promised to donate huge amounts of money to apologize for their alleged involvement in murky business practices, are facing an awkward situation.. [Jun.14,2006 13:51 KST]

Finding the "right" lawyer has never been difficult for the nation’s largest conglomerates. Hwang Jae-seong, an outside director of Samsung Electronics, built his career at the National Tax Servic.. [Jun.13,2006 17:20 KST]

South Korea's central bank is determined to take preemptive action to free the economy from inflationary pressure, Bank of Korea Gov. Lee Seong-tae said Monday. "While keeping in mind the natio.. [Jun.12,2006 13:10 KST]

Cho Kwan-hyun, a 36-year-old engineer, has garnered a lot of attention in South Korea for doing the seemingly impossible: winning a patent... [Jun.10,2006 11:10 KST]

Multinational pharmaceutical companies doing business in Korea are expected to reject government plans to cut the number of drugs covered by insurance. The plan is part of a drive to limit insuran.. [Jun.10,2006 11:08 KST]