While economic conditions at home and abroad have changed dramatically in the wake of the global financial crisis, the government and ruling... [Oct.14,2008 12:52 KST]

The government has opened up the way for conglomerates to control banks, confirming a plan for the relaxation of the separation between banking... [Oct.14,2008 12:48 KST]

WASHINGTON -- The South Korean government has pledged to guarantee payments of all foreign-currency debts owed by local banks. In a meeting... [Oct.13,2008 12:34 KST]

The South Korean currency, after having swung between sharp gains and losses in intraday trading, rallied to approach a rate of 1,200 won against the U.S. dollar. However, local financial markets.. [Oct.11,2008 12:29 KST]

The appeal hearing for former Samsung Group Chairman Lee Kun-hee, 66, indicted on charges of causing hundreds of billions of won in damage to... [Oct.11,2008 12:16 KST]

The Bank of Korea cut its benchmark interest rate by a quarter percentage point, marking its first rate cut in four years, in a drastic shift... [Oct.10,2008 14:06 KST]

A chief executive of a small clothing company, who is only identified by the surname Lee, has for the last six months raised enough money to... [Oct.9,2008 13:22 KST]

In a series of telephone interviews with The Hankyoreh, financial industry CEOs expressed strong disapproval of the way Finance Minister Kang... [Oct.9,2008 13:18 KST]

The Fair Trade Commission has officially expressed its opposition to an attempt to introduce a ���poison pill��� takeover defense and a... [Oct.8,2008 13:05 KST]

With countries around the world scrambling to secure dollars as the U.S.-sparked financial crisis spreads to Europe, South Korea has been... [Oct.8,2008 13:04 KST]