It is about to get a lot harder for tourists and other non-Korean citizens in the country temporarily to open accounts at Korean financial institutions. Government financial officials claim the ease w.. [Jul.10,2007 16:13 KST]

In tandem with the country’s Non-regular Workers’ Protection Law took effect on July 1, many companies have replaced non-regular employees... [Jul.10,2007 16:02 KST]

U.S. private equity fund Newbridge Capital gained 1.15 trillion won (US$1.25 billion) in profits by reselling Korea First Bank in 2005. However,... [Jul.10,2007 13:29 KST]

The number of ‘‘stock billionaires,’’ a reference to a person whose value of equity stakes in listed companies has surpassed 1 trillion won (US$1.09 billion), has increased to 10 this year. That .. [Jul.10,2007 11:58 KST]

The length of time for summer vacations that South Korean employees will be able to enjoy this year seems to be decreasing and companies are handing out less money for vacation bonuses as well, a surv.. [Jul.9,2007 13:58 KST]

South Korea's money supply grew at a faster pace in May than in April as financial institutions' liquidity jumped amid a bullish stock market, the central bank said Sunday. The outstanding liqu.. [Jul.8,2007 19:43 KST]

South Korean stocks are likely to maintain their upward trends next week as companies announce their second-quarter earnings, analysts said Saturday. The benchmark Korea Composite Stock Price I.. [Jul.7,2007 16:07 KST]

Exports have shown an upward tendency, increasing 14.7 percent during the first half of this year, but the actual situation of exporters is different. Due to the strengthened Korean currency against m.. [Jul.7,2007 15:27 KST]

The U.S. Securities and Exchange Commission (SEC) placed South Korea’s electric power monopoly Korea Electric Power Corporation (KEPCO) on a list... [Jul.7,2007 15:09 KST]

South Korea's currency remains "overvalued" against the U.S. dollar and has risen too much compared with other Asian currencies, a senior government official said Friday. "The won is considera.. [Jul.7,2007 08:53 KST]