Shinsegae Co. recently announced it would buy the local operation of U.S. retail giant Wal-Mart, but the merger faces a bumpy road ahead, with the government planning to apply strict condition.. [May.24,2006 10:49 KST]

Kim Seung-yu, head of Hana Financial Group, South Korea's leading financial institute, Tuesday warned of a potential bubble burst in the... [May.24,2006 10:17 KST]

South Korea's antitrust regulator on Tuesday rejected an appeal by Microsoft Corp. to reconsider punitive measures for the bundling of its MSN messenger and media player with its Windows operating s.. [May.23,2006 14:55 KST]

A South Korean company began operating the country's first combined heat and power plant using wood-based biomass on Monday, a measure that could pave the way for the country to improve the enviro.. [May.22,2006 20:49 KST]

South Korean retailer Shinsegae Co. said Monday it will buy the local operations of U.S. retail giant Wal-Mart Stores Inc. for 825 billion won (US$870 million). Shinsegae, which operates E-Ma.. [May.22,2006 17:52 KST]

Three months have passed since Samsung chairman Lee Keun-hee and his family pledged to donate 800 billion won (about 800 million USD) to society, but no detailed plan has yet emerged of how to use.. [May.20,2006 11:16 KST]

The South Korean economy, which has enjoyed four years of steady growth, could lose its steam due to outside factors, mainly high oil prices... [May.20,2006 11:03 KST]

Kookmin Bank, South Korea's leading lender, said Friday it will sign a formal agreement, possibly on the same day, with U.S. equity fund Lone Star on the terms for its acquisition of Korea Exchange.. [May.19,2006 17:34 KST]

The practice of large corporation heads passing control down to their relatives is inappropriate, as companies listed on the stock exchange are public rather than personal. Managerial rights are .. [May.19,2006 11:23 KST]

The purchase of overseas real estate for investment purposes is expected to be allowed two years earlier than originally scheduled, according to... [May.19,2006 10:25 KST]