South Korea's economy expanded a revised 1.8 percent in the second quarter from three months earlier, up from an earlier 1.7 percent estimate, mainly on strong manufacturing of semiconductors, machi.. [Sep.3,2007 10:42 KST]

Negotiations between Lone Star, the U.S. private equity group, and HSBC, the world’s fourth-largest commercial lender, to sell Korea Exchange Bank have shown signs of progress. Lone Star says they w.. [Aug.31,2007 11:35 KST]

Hyundai Motor Co.'s restive labor union was voting Friday to decide whether to launch a walkout for more pay, with some analysts predicting the union will support the industrial action. Hyun.. [Aug.31,2007 11:21 KST]

South Korea's current account surplus widened to US$1.6 billion in July from the previous month, as the income account swung to the black, offsetting a snowballing service account deficit, th.. [Aug.31,2007 09:40 KST]

South Korean builders have won more than $20 billion worth of overseas construction orders during the first eight months of this year, a government report showed Thursday. According to the re.. [Aug.30,2007 11:24 KST]

South Korea's industrial output grew at a faster pace in July than in the previous month on brisk overseas sales of semiconductors and liquid crystal displays, a government report showed Wedn.. [Aug.29,2007 14:54 KST]

Interest rates on certificates of deposit in South Korea are on the rise, as commercial banks have been issuing CDs as a way to raise funds to tackle dwindling deposits, which have been prompted by th.. [Aug.29,2007 10:58 KST]

South Korea's financial watchdog reiterated Tuesday that it would not approve a possible deal to sell Korea Exchange Bank (KEB) by Lone Star Funds until a court hands down a ruling. The U... [Aug.28,2007 14:50 KST]

Hyundai Motor Co.'s restive labor union decided to stop extra work for 15 hours this weekend as part of its steps to stage a strike early next week for more pay, a union official said Tuesday. .. [Aug.28,2007 11:35 KST]

A delegation from Standard & Poor's will visit Seoul this week for its annual meeting with the South Korean government on the country's sovereign rating, government officials said Tuesday. The .. [Aug.28,2007 09:59 KST]