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South Korea's current account swung to a surplus in May on the back of brisk exports of ships, steel and cars, the central bank said Friday.
The current account surplus came to $924.7 million ..
[Jun.29,2007 21:49 KST] |
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Under U.S. pressure, South Korea agreed Friday to make some changes to labor and other provisions in a free trade agreement (FTA) between the two countries, clearing a last-minute hurdle to the dea..
[Jun.29,2007 21:40 KST] |
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A group of law professors at the Democratic Legal Studies Association (DLSA) issued a second statement on June 28, calling on prosecutors to...
[Jun.29,2007 14:13 KST] |
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There is a fundamental sentiment of crisis in Samsung��셲 ability to compete amid the rapidly changing corporate environment and Samsung Group...
[Jun.29,2007 13:58 KST] |
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Tension escalated between labor and the government Thursday as police poised to arrest leaders of a national metalworkers' union on the fourth consecutive day of their walkout opposing a pending free..
[Jun.28,2007 21:41 KST] |
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Samsung Group, South Korea��셲 largest conglomerate, said that it is seeking measures designed to enhance the competitiveness of its...
[Jun.28,2007 15:38 KST] |
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The minimum wage for South Korean workers in 2008 will be set at 3,770 won (US$4) per hour, up 8.3 percent from this year, officials said Wednesday.
The decision was made after over 10 hours..
[Jun.27,2007 22:53 KST] |
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South Korea is carrying out a tax investigation into the sale this month of Kukdong Engineering & Construction Co. by U.S. equity fund Lone Star Funds to a local business group for US$712 million, s..
[Jun.27,2007 22:50 KST] |
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South Korea's top financial watchdog said Tuesday it will take time for Lone Star Funds to sell its remaining 51.02 percent stake in Korea Exchange Bank (KEB) as the sale requires regulatory approva..
[Jun.26,2007 22:00 KST] |
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South Korean prosecutors are investigating the local subsidiaries of foreign beverage makers on suspicions that they have allegedly raised huge slush funds by issuing fake receipts to suppliers of sal..
[Jun.26,2007 16:38 KST] |
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