South Korea's top financial watchdog said Thursday HSBC Holdings Plc has applied for regulatory approval of its deal to buy Korea Exchange Bank (KEB) from U.S. private equity fund Lone Sta.. [Dec.20,2007 21:07 KST]

Hanwha Group Chairman Kim Seung-youn give a 4 percent stake of his ownership in Hanwha Corp., worth 202.2 billion won (US$217 million), to his three sons on December 17. Hanwha Corp. is the group’.. [Dec.18,2007 11:26 KST]

The unemployment rate for young people between the ages of 15 to 29 dropped to around 7 percent this year from around 8 percent three years ago. However, there are still many young, unemployed peopl.. [Dec.13,2007 10:50 KST]

ProLogis, the world's largest manager and developer of industrial distribution facilities, plans to invest US$600 million in South Korea, the government said Wednesday. The Ministry of Comm.. [Dec.12,2007 11:12 KST]

A new series of allegations has been raised against Samsung Group, which has faced a growing number of allegations of accounting fraud in recent weeks. The new allegations state that Samsung Corp. m.. [Dec.12,2007 10:49 KST]

South Korea's second largest carrier Asiana Airlines Inc. said Thursday it has agreed with US Airways Inc. to operate code-shared flights on their 25 routes in anticipation of growing demand. .. [Dec.6,2007 15:05 KST]

The top executive of LG Telecom Ltd., South Korea's smallest mobile carrier, expressed concerns Thursday over a recently announced takeover deal by its bigger rival SK Telecom Co. of a local broadban.. [Dec.6,2007 15:03 KST]

South Korea’s inflation rate rose at the fastest pace in 37 months in November, due to a surge in prices of raw materials and agricultural goods. Meanwhile, an increase in China’s inflation .. [Dec.4,2007 11:20 KST]

South Korea’s bond market, which has been in a state of upheaval over the past two days amid a surge in yields, was stabilized on November 30, following the Bank of Korea’s purchase of governme.. [Dec.1,2007 11:52 KST]

Investors are pulling their money out of Chinese funds, worried that declines in Chinese stocks could erode profits that they have made over the past year. Analysts, however, have cautioned agai.. [Nov.29,2007 11:22 KST]