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The Democratic Party is raising the need for the government to use the U.S. financial crisis as an opportunity to completely reconsider...
[Sep.22,2008 13:06 KST] |
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With the U.S.-sparked financial turmoil putting the global economy in a severe crisis, questions have been raised over the Lee Myung-bak...
[Sep.22,2008 13:05 KST] |
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British bank HSBC Holdings publicly announced that it has scrapped a deal to purchase a controlling stake in Korea Exchange Bank from U.S. buyout fund Lone Star Funds. Accordingly, the sale of KE..
[Sep.20,2008 10:51 KST] |
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The clock is ticking on a “time bomb” for the real estate market. The South Korean economy, reeling from the financial turmoil in the...
[Sep.19,2008 13:45 KST] |
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There is rising criticism that the Machang Bridge, which opened in July at the cost of millions of won, is only enriching speculative capitalists...
[Sep.19,2008 13:43 KST] |
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There are signs that the fallout from the U.S.-sparked financial turmoil may already be affecting South Korea’s real economy.
Shocked by...
[Sep.18,2008 13:55 KST] |
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Plans by South Korean banks and securities firms to transform themselves into investment banks are losing appeal as Lehman Brothers Holdings,...
[Sep.18,2008 13:45 KST] |
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Both the ruling and opposition parties have expressed deep concern over the waves generated by the U.S. financial crisis, which has struck the...
[Sep.17,2008 13:22 KST] |
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With the waves of the U.S. financial market’s Black Monday striking South Korea, Seoul’s financial markets were in a state of panic...
[Sep.17,2008 13:20 KST] |
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The government announced on September 11 that it will spend a total of three trillion won (US$2.7 billion) over the next five years to develop...
[Sep.12,2008 13:33 KST] |
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