A special National Assembly session, called because several bills were getting backed up on the docket, ended June 30 without seeing debate on a bill revision that would monitor private school.. [Jul.1,2006 12:15 KST]

The company-based labor unions of Hyundai Motors Corp., GM Daewoo Auto & Technology, and Kia Motors, known as some of the strongest... [Jul.1,2006 12:09 KST]

President Roh Moo-hyun plans to reshuffle the Cabinet as early as the beginning of next week, as Minister of Education and Human Resources... [Jul.1,2006 12:03 KST]

The word "Mofia" is a synthesis of the words "MOFE" (Ministry of Finance and Economy) and "Mafia." The Mofia is thought to have started under former Minister of Finance Kim Young-hwan. After serv.. [Jul.1,2006 11:41 KST]

　 The impetus for the 1998 formation of the Financial Supervisory Committee was to decentralize the authority that had become concentrated in MOFA. With the move, the possibility was large t.. [Jul.1,2006 11:39 KST]

Vice-Minister of Finance and Economy Lee Hun-jae suggested that South Korean financial legislation be tightened, citing the recent... [Jul.1,2006 11:32 KST]

After a four-year stint as Seoul mayor, Lee Myung-bak will step down on June 30. Much attention is being paid to his next move, as he is... [Jul.1,2006 10:55 KST]

South Korea's health and food watchdog said Friday it has failed to determine the cause of widespread food poisoning that caused many schools to stop providing lunches to students. The Korea C.. [Jun.30,2006 20:01 KST]

Han Duck-soo, South Korea's top economic policymaker, said Friday he has informed President Roh Moo-hyun of his intention to step down. Han confirmed remarks by his spokesman earlier in the da.. [Jun.30,2006 19:55 KST]

Education Minister Kim Jin-pyo offered to resign on Friday, holding himself responsible for this month's massive outbreak of food poisoning at local schools. "I deeply apologize for the food .. [Jun.30,2006 17:32 KST]