Workers at Hyundai Motor Co. voted to accept a pay deal reached earlier by their union leaders and the company, both sides said Friday, avoiding a strike over annual wage disputes for the first time.. [Sep.7,2007 11:05 KST]

Hyundai-Kia Automotive Group Chairman Chung Mong-koo received a suspended prison sentence from a Seoul appeals court on Sept. 6, reversing an... [Sep.7,2007 10:40 KST]

Hyundai Motor chairman Chung Mong-koo was given Thursday a suspended three-year jail term by an appeals court for embezzlement of company funds to establish slush funds. The Seoul High Court c.. [Sep.6,2007 15:20 KST]

ULSAN, SEOUL - Hyundai Motor labor and management reached an agreement yesterday, marking the first time in 10 years that the two sides have come to a resolution without a struggle. Long-sta.. [Sep.5,2007 11:38 KST]

As HSBC recently announced that it will take over a controlling stake in South Korea’s fifth-largest lender Korea Exchange Bank from Lone Star, all eyes are now focused on why the U.K.-based compa.. [Sep.5,2007 09:52 KST]

The labor union and management of Hyundai Motor Co. on Tuesday agreed on wages and other working conditions, marking the first time in 10 years for South Korea's biggest carmaker and its union to .. [Sep.5,2007 09:34 KST]

HSBC announced yesterday that it will acquire a 51.03 percent stake in Korea Exchange Bank, South Korea’s fifth-largest lender, for US$6.3 billion. However, it must first receive approval from the F.. [Sep.4,2007 10:04 KST]

On Aug. 3, the Bank of Korea announced that South Korea’s gross domestic product grew 5.0 percent in the second quarter of this year, showing that the national economy is on the right path to recovery.. [Sep.4,2007 09:52 KST]

HSBC Holdings plc said Monday it has agreed to buy a majority stake in South Korea's fifth-largest lender, Korea Exchange Bank (KEB), from U.S. private equity fund Lone Star. HSBC Asia Pac.. [Sep.3,2007 19:22 KST]

South Korean exports grew 14.4% year-on-year to over US$31.2 billion in August, fueled by strong overseas demand for autos, steel and general machinery, a government report said Monday. Imports ex.. [Sep.3,2007 11:18 KST]