The government is planning to sell as much as 20 percent each of its stakes in Daewoo Shipbuilding & Marine Engineering Co. and Korea... [Feb.14,2009 10:04 KST]

The total number of people with jobs was some 103,000 less in January than it was in December. And it looks like the number of people with... [Feb.12,2009 14:07 KST]

The government is pushing through a plan to cut 19,000 workers at over 60 state-run companies. In a meeting with journalists Monday, a... [Feb.3,2009 10:47 KST]

Korea Institute of Finance President Lee Dong-gull, who abruptly announced his intent to resign with a full year and a half remaining in his... [Jan.30,2009 10:24 KST]

The impact of the global economic recession has hit Samsung Electronics Co. hard. In the fourth quarter of last year, South Korea’s biggest... [Jan.24,2009 11:45 KST]

In the fourth quarter of 2008, the South Korean economy suffered its biggest contraction since the 1997-98 Asian financial crisis. The annual economic growth rate for 2008 is estimated at 2.5 per.. [Jan.23,2009 12:02 KST]

Samsung conducted its biggest reshuffle of chief executives since its establishment, citing a need to deal with the economic recession by... [Jan.17,2009 12:24 KST]

Lee Ku-taek, the CEO of POSCO Co., announced his intention to step down from his post at a company board meeting Thursday. It is still unclear... [Jan.16,2009 11:59 KST]

The number of people employed in December declined 12,000 from a year earlier, stoking concerns that the job market is freezing fast amid the... [Jan.15,2009 11:54 KST]

A state-run think tank were found to have used the results of a survey on the Seoul-Busan (Gyeongbu) Waterway to estimate the economic... [Jan.12,2009 11:34 KST]