Stock prices extended losses and the won’s value against the U.S. dollar recorded its farthest fall in two years on August 17, amid growing concerns over a global credit crunch. The South Korean gover.. [Aug.18,2007 09:51 KST]

South Korea decided Friday to extend a corporate tax exemption period on some foreign-invested companies in the country's free economic zones, a move aimed at attracting more foreign investment. .. [Aug.17,2007 11:17 KST]

The world's second-highest skyscraper will be built in Yongsan, central Seoul, by 2013, city officials said Friday. The Seoul city government reached an agreement Thursday with the Korea Railr.. [Aug.17,2007 11:16 KST]

hough experts say it is impossible to predict the market’s movement, they have cautiously anticipated that the extent of further slides may not... [Aug.17,2007 09:57 KST]

South Korean stocks plunged nearly 7 percent Thursday as investors were spooked by a possible global credit crunch stemming from the U.S. subprime mortgage problem, analysts said. The local currency t.. [Aug.16,2007 17:28 KST]

South Korean stocks made a free fall late Thursday morning on panic selling sparked by concerns about the U.S. subprime mortgage problem, prompting the bourse operator to halt trading temporarily. .. [Aug.16,2007 11:43 KST]

s recently as two weeks ago, South Korea’s stock market seemed to be continuing its bullish run. With few alternative investment options, the... [Aug.16,2007 09:54 KST]

Finance Minister Kwon O-kyu warned on August 14 that fast withdrawal of yen-carry funds could prompt a financial crisis similar to the one that... [Aug.15,2007 11:20 KST]

Hanwha Group Chairman Kim Seung-youn has been released from jail to receive medical treatment for his worsening health. The Seoul Central... [Aug.15,2007 10:34 KST]

South Korea’s largest industiral conglomerate Samsung Group said it will assess the management efficiency of its semiconductor business,... [Aug.14,2007 10:11 KST]