The Financial Services Commission on March 31 briefed President Lee Myung-bak on the direction of policies to foster the financial industry as the... [Apr.1,2008 13:00 KST]

The Fair Trade Commission said it plans to significantly soften regulations on big companies, including a cross-investment ceiling for... [Mar.29,2008 09:22 KST]

South Korea posted a current account deficit for a third month in February, but the shortfall narrowed as exports grew at a faster pace amid a slowdown in imports, the central bank said Friday. .. [Mar.28,2008 12:34 KST]

The dominance of South Korea’s family-run business conglomerates, or chaebol, have increasingly prevented small companies from growing into... [Mar.27,2008 12:15 KST]

The governor of South Korea's central bank said Tuesday that a slowing global economy is posing increasing downside risks to local economic growth amid rising inflationary pressures. "The slowi.. [Mar.25,2008 12:36 KST]

Hyundai Motor Co. said Sunday it will begin mass producing a compact-size hybrid model in 2009 to catch up with the global competition to introduce fuel-efficient and environment-friendly cars. .. [Mar.24,2008 12:15 KST]

Foreigners have substantially invested in more than three out of every 10 listed companies in South Korea, the country's financial regulator said Sunday. Of the total 1,767 listed companies as o.. [Mar.24,2008 12:14 KST]

The nation’s per capita Gross National Income rose above US$20,000 for the first time in 2007, while the growth rate of the actual Gross... [Mar.22,2008 12:51 KST]

A senior executive of Samsung Electronics Co., the flagship of Samsung Group, says the company has been suffering from a shattered image and a... [Mar.21,2008 14:26 KST]

The South Korean economy expanded a revised 5 percent last year from a year earlier, up from an earlier 4.9 percent estimate, on brisk exports and solid growth of facility investments and private spen.. [Mar.21,2008 09:51 KST]