Employees of restaurants and hotels work the longest hours for the lowest pay, according to a recent study. In addition, despite the legal expansion of the 5-day workweek from the previous 6-day stand.. [Dec.18,2006 14:44 KST]

Experts are issuing warnings that the South Korean economy may be in danger due to a bubble effect seen in apartment prices in Seoul and its... [Dec.18,2006 14:10 KST]

South Korean shipyards ranked No. 1 through No. 5 in terms of order backlogs worldwide as of the end of November, a London-based market researcher said Sunday. "Chinese and Japanese shipbuil.. [Dec.17,2006 20:17 KST]

The credit card industry is taking steps to bolster security after a card was copied and used overseas, even though the owner had changed over to a new card with the same company. On December 13, a.. [Dec.17,2006 14:49 KST]

Former General Electric Co. Chairman Jack Welch advised South Korea to boost its technological creativity, saying no innovative product, such as... [Dec.17,2006 14:41 KST]

Skyrocketing real-estate prices and the government’s subsequent property market stabilization measures were predicted by the LG Economic Research... [Dec.17,2006 14:34 KST]

Hyundai Motor Co., South Korea's top automaker, is planning to increase euro transactions as its profitability deteriorated on the South Korean currency's sharp rise against the U.S. dollar, the car.. [Dec.15,2006 21:24 KST]

Creditors of Pantech Co. and its affiliate Pantech & Curitel Communications Inc. agreed Friday on a debt workout plan for the ailing handset makers, but they are still facing an uphill struggle to g.. [Dec.15,2006 21:21 KST]

The Fair Trade Commission (FTC) estimated that South Korean consumers have suffered record damages due to price-fixing cartel situations created by... [Dec.15,2006 16:00 KST]

The United States has asked South Korea for a "consultation" meeting to address technical issues regarding exports of its beef, officials said Thursday. "The U.S. has formally asked us to hold .. [Dec.14,2006 21:58 KST]