Seoul has a keen interest in joint development of North Korea’s oil fields. With the prospect of rich oil reserves and increased inter-Korean cooperation, the South proposed to launch joint oil and.. [Oct.6,2007 10:41 KST]

South Korean electronics giant Samsung Electronics Co. will consider investing in North Korea if the communist country provides better infrastructure and business-related regulations as promised.. [Oct.6,2007 10:13 KST]

South Korea has suspended quarantine inspection of all U.S. beef imports following the discovery of banned backbones in a shipment, the government said Friday. The Ministry of Agricultu.. [Oct.5,2007 14:43 KST]

South Korea's major business lobbying groups Thursday hailed the second-ever inter-Korean summit as a "success," expressing optimism that the agreement reached in three days of negotiations in.. [Oct.4,2007 18:51 KST]

South Korean and Germany bio-engineers have agreed to work together to develop an improved rice plant that has better yield and will be more resilient to pests and disease, the government said.. [Oct.4,2007 11:32 KST]

South Korea is moving to enforce tighter measures to limit foreign takeovers of defense-related companies, the government said Thursday. The Ministry of Commerce, Industry and Energy said.. [Oct.4,2007 11:31 KST]

South Korea's key stock index surged to a record high Tuesday as investor sentiment was buoyed by the second inter-Korean summit, analysts said. The South Korean won fell against the U.S. dollar.. [Oct.2,2007 16:28 KST]

South Korean enterprises have expanded their investments in Southeast Asian nations. Following the free trade agreement between South Korea and the Association of Southeast Asian Nations, which we.. [Oct.2,2007 12:20 KST]

South Korean chipmaker Hynix Semiconductor Inc. said Monday it has reached a cross-licensing agreement with Ovonyx Inc. of the United States to develop next-generation memory chips. The de.. [Oct.1,2007 13:14 KST]

With the second inter-Korean summit just one day away, the heads of South Korea’s large conglomerates have been busy calculating what they could earn during the three-day visit to the North, when they.. [Oct.1,2007 10:35 KST]