South Korea's state-run agricultural marketer said Thursday it held an online auction to sell 2,265 tons of U.S. rice, but failed to find a single bidder. However, 207 tons of Chinese rice, .. [May.18,2006 21:40 KST]

South Korea plans to move forward its timetable for foreign exchange liberalization by two years in an effort to curb the strength of the local currency and protect its export-driven economy, the F.. [May.18,2006 21:36 KST]

The South Korean government said Wednesday that it aims to lower housing prices in the Seoul metropolitan districts of Gangnam and Bundang by 30 percent over the next three years, in a bid to ste.. [May.18,2006 10:54 KST]

Hyundai Motor Group, South Korea's dominant automotive conglomerate, said Thursday its roll-out of mass-produced hybrid cars would be delayed by at least three years to 2009 because of problems with .. [May.18,2006 10:18 KST]

While the government warns that the current pricing bubble in the nation's real estate market may burst, many analysts say that prices will... [May.18,2006 09:13 KST]

South Korea may fall short of its export growth target for this year due mainly to the won's strength against the U.S. dollar, a senior government official said Wednesday. "We are concerned abo.. [May.17,2006 16:37 KST]

While some large corporate conglomerates, such as Samsung and Shinsegae, have recently announced they will establish a more transparent... [May.17,2006 10:27 KST]

While some large conglomerates, such as Samsung and Shinsegae, announced they will establish a more transparent management transfer system, many Korean companies are still not freed from su.. [May.17,2006 10:25 KST]

SEOUL, May 16 (Yonhap) -- The combined net profit of South Korean banks rose more than 25 percent in the first quarter from a year earlier due to reduced bad debt expenses, the nation's top financia.. [May.16,2006 14:21 KST]

Samsung is set to pay between one and 1.5 trillion won in inheritance taxes for the transfer of company management from chairman Lee Kun-hee to his son, Lee Jae-yong, vice president of Samsung Ele.. [May.16,2006 14:16 KST]