South Korea's central bank on Thursday left its key interest rate unchanged for the fifth straight month in January as concerns over slowing economic growth outweighed rising inflation woes. Bank of.. [Jan.10,2008 11:25 KST]

A Seoul court Wednesday asked the chairman of Lone Star Funds to testify this week for the defense of the U.S. equity firm's South Korean chief accused of stock manipulation, but whether he wi.. [Jan.10,2008 10:32 KST]

The incoming administration of President-elect Lee Myung-bak plans to privatize Korea Development Bank by selling the state-run bank’s investment banking operations and its affiliate, Daewoo Secur.. [Jan.8,2008 10:05 KST]

David Eldon, the co-chairman of the national competitiveness subcommittee of President-elect Lee Myung-bak’s transition team, noted that Korea should ease overlapping financial service regulations.. [Jan.7,2008 10:40 KST]

President-elect Lee Myung-bak’s transition team said on January 6 that the prosecution should not conduct excessive and comprehensive investigations on companies. The announcement came in the mids.. [Jan.7,2008 10:30 KST]

The chairman of the U.S.-based Lone Star Funds will testify in a Seoul court next week in a stock manipulation case involving the head of the firm's Seoul branch, the company's publicity office sa.. [Jan.5,2008 11:50 KST]

Amid dismal forecasts for the nation’s economic growth in 2008, President-elect Lee Myung-bak called a meeting on January 2 with a group of executives from South Korea’s leading economic research in.. [Jan.3,2008 10:51 KST]

President-elect Lee Myung-bak met with leaders of the nation’s top conglomerates on December 28 and reaffirmed his commitment to creating a business-friendly government and easing various regulation.. [Dec.29,2007 14:17 KST]

Hyun Jung-taik, president of the Korea Development Institute, is skeptical about the realization of President-elect Lee Myung-bak’s pledge to revive the economy. He and a number of other econom.. [Dec.28,2007 11:00 KST]

The government’s tight regulation of equity investments by jaebeol (chaebol), South Korea’s family-owned industrial conglomerates, looks like it is in for a change once President-elect Lee Myung-ba.. [Dec.24,2007 12:49 KST]