The Ministry of Finance and Economy recently decided to resurrect a former law for setting limits on interest rates, according to a ministry... [Jan.15,2007 15:29 KST]

Unionized workers at Hyundai Motor Co., South Korea's leading automaker, plan to launch a partial strike Monday to demand full bonus payments for 2006, its union said Sunday, defying repeated calls .. [Jan.14,2007 19:35 KST]

South Korea and the U.S. are set to start a new round of free trade talks in Seoul on Monday that experts say could help gauge whether they can reach a deal in time to open their economies to each .. [Jan.14,2007 19:32 KST]

South Korea and the U.S. have "tentatively" scheduled one more round of free trade talks for February, South Korean officials said Saturday, an indication that they may be unable to wrap up the deal.. [Jan.13,2007 15:48 KST]

South Korea's stock markets are forecast to trade in a tight range next week as investors remain on the sidelines due to the release of corporate quarterly earnings reports, analysts said Saturday. .. [Jan.13,2007 15:44 KST]

South Korea’s major confectionary companies have decided not to use trans fats in their foods, substances which are believed to contribute to... [Jan.13,2007 15:08 KST]

Samsung Electronics Co. posted an 8.5 percent decline in quarterly net profit on Friday, meeting market expectations, amid weaker prices for flat panels and intense competition in mobile phones. .. [Jan.12,2007 19:36 KST]

Unionized workers at Hyundai Motor Co., South Korea's leading automaker, plan to go on strike next week unless the company retracts its decision that cut their year-end bonuses, the union said Frida.. [Jan.12,2007 19:33 KST]

Apparently upset by the U.S. refusal to address its key demand for easing anti-dumping rules, South Korea said Friday it will refuse formal discussion of automobile and other issues of U.S. concern .. [Jan.12,2007 17:12 KST]

The slang term "9988" refers to South Korean small and medium-sized enterprises (SMEs), which currently account for about 99 percent of... [Jan.12,2007 14:54 KST]