Concerns are increasing that South Korea���s economic situation might be gradually heading toward a situation similar to the 1997 foreign... [Oct.8,2008 13:03 KST]

Now is not the time to calculate profit or loss. We need to secure liquidity, even if you experience some degree of loss. This remark was... [Oct.7,2008 12:59 KST]

The value of the land in South Korea has reached 3.226 quadrillion won (US$2.547 trillion), while housing prices have reached 1.698... [Oct.7,2008 12:43 KST]

As the global financial crisis continues to spread, small- and medium-sized enterprises are increasingly seeing their buffer zone disappear... [Oct.6,2008 13:00 KST]

Fears of a liquidity squeeze were renewed with the value of the won plunging to a 65-month low versus the U.S. dollar and South Korea���s... [Oct.3,2008 12:00 KST]

The government said it will provide 4.3 trillion won (US$3.6 billion) in loans to help small- and medium-sized enterprises, or SMEs, which... [Oct.2,2008 13:12 KST]

In a renewed pledge to stabilize the currency market, Strategy and Finance Minister Kang Man-soo said the government will inject U.S. dollars... [Oct.1,2008 12:55 KST]

The government���s optimism that the foreign exchange market would soon stabilize and its expression of intent to stabilize the won is not... [Sep.30,2008 13:47 KST]

The government said it would inject more than US$10 billion of its foreign exchange stabilization fund into the nation���s currency swap market before early next month, in a bid to ease the shortage .. [Sep.27,2008 14:41 KST]

The government selected 22 industries as ���new growth engines��� and plans to invest some 99 trillion won (US$87.1 billion) into private... [Sep.23,2008 13:06 KST]