GS Caltex Corp., the country's second largest oil company, said that it has opened eco-friendly gas stations at three locations in the Seoul metropolitan area. In addition, the so-called "self oil .. [Nov.23,2006 16:36 KST]

The U.S.-based Lone Star Funds, which is in the process of selling its controlling stake in Korea Exchange Bank (KEB), is staging a two-pronged... [Nov.23,2006 15:51 KST]

Shares of Hwasung Industrial Co., a South Korean apartment builder, surged almost by the daily limit on Wednesday after a corporate governance fund advised by Jang Ha-sung purchased a stake in the c.. [Nov.22,2006 20:59 KST]

With the benchmark Kospi index rising above 1400 points recently, the outlook is positive that the Korean stock market is gaining upward momentum. Market observers say pension funds may be the dri.. [Nov.22,2006 14:39 KST]

South Korea's economy, already saddled with an economic slowdown, has been hit by a recent surge in home prices. Stubbornly weak private... [Nov.22,2006 13:19 KST]

Cho, 46, an executive at a small South Korean company, turns the TV channel whenever news about the real estate market comes on. First off, he does not understand what it is all about. More than that,.. [Nov.22,2006 13:16 KST]

South Korean companies have successfully developed key manufacturing machines that can improve localization of liquid crystal display (LCD) production and boost exports, the government said Tuesday... [Nov.21,2006 21:32 KST]

South Korea's large business groups, which are subject to an equity investment ceiling, are able to make additional equity investments of more than 20 trillion won, the country's corporate watchdog s.. [Nov.21,2006 20:29 KST]

The Fair Trade Commission (FTC) has found that domestic oil refiners have long engaged in price collusion on petrochemical goods. The commission is expected to levy fines totaling 200 billion won (US$.. [Nov.20,2006 13:58 KST]

The number of new personal bankruptcy filings nearly quadrupled in the first nine months of the year, reflecting the economic slowdown, financial sources and the country's most senior court said S.. [Nov.19,2006 22:23 KST]