South Korea's government Thursday announced an emergency decision to lift import tariffs on 70 price-sensitive products, including wheat, corn, syrup, soybean cake and coffee cream, effective April 1,.. [Mar.20,2008 16:35 KST]

President Lee Myung-bak's government Thursday unveiled a deregulatory blueprint calling for a review of 40 percent, or 2,000, of the government's 5,000-odd regulations during the first half of this ye.. [Mar.20,2008 16:33 KST]

A widening current account deficit and outflow of foreign capital are feared to turn South Korean into a net debtor for the first time in... [Mar.20,2008 12:30 KST]

Cheong Wa Dae, the presidential office, said Wednesday that it has selected 100 entrepreneurs eligible to directly call President Lee Myung-bak 24 hours a day over business difficulties. "Lee.. [Mar.19,2008 17:45 KST]

South Korean stocks jumped more than 2 percent Wednesday as investors snapped up blue-chip shares, emboldened by overnight rallies in U.S. markets, analysts said. The local currency appreciated a.. [Mar.19,2008 17:43 KST]

South Korea's commodity prices rose at the fastest pace in more than 9 years in February on soaring crude oil and grain costs, the central bank said Wednesday, adding to worries over already high i.. [Mar.19,2008 13:43 KST]

President Lee Myung-bak Tuesday urged local farmers to accept South Korea's free trade deal with the U.S., saying the formation of FTA deals is an irreversible worldwide trend. Since his electio.. [Mar.18,2008 18:03 KST]

The administration of President Lee Myung-bak has set a number of goals for the nation’s economy for his first year in office, including a growth... [Mar.17,2008 13:28 KST]

Streamlining regulations and providing greater financial support is expected to transform South Korea into one of the top 10 business-friendly countries in the world by 2012, the government said Monda.. [Mar.17,2008 12:08 KST]

It’s back. The era when people must pay 1,000 won for one U.S. dollar is here again. The cost of 100 Japanese yen is at more than 1,000... [Mar.15,2008 13:35 KST]