The South Korean currency is expected to gain further strength and reach the range of 800 won to the U.S. dollar next year, as the greenback will likely continue to remain weak, according to a repor.. [Sep.18,2006 21:50 KST]

South Korea's financial chief expressed concern over the widening gap between the haves and have-nots and reiterated the government's pledge to tackle the nation's economic challenges, a government r.. [Sep.17,2006 22:29 KST]

Tax chiefs of advanced economies and representatives from international finance agencies vowed Friday to boost cooperative ties in tackling cross-border tax evasion. "We are committed to using .. [Sep.15,2006 20:42 KST]

Professor Lawrence Summers of Harvard University said that South Korea has about US$70 to 80 billion in excessive foreign exchange reserves. South... [Sep.15,2006 14:54 KST]

The nation’s top law firm, Kim & Chang, holds a near monopoly on the law consultation market for domestic commercial banks, according to a recent report. The law firm has allegedly brought in large nu.. [Sep.14,2006 15:47 KST]

South Korea’s top trade negotiator Kim Jong-hoon said that there should be a "tangible" agreement by March next year in the ongoing trade... [Sep.14,2006 15:29 KST]

South Korea's corporate regulator on Wednesday conditionally approved E.Land Corp.'s purchase of French retailer Carrefour's local operations. The decision by the Fair Trade Commission (FTC) c.. [Sep.13,2006 21:32 KST]

South Korea's labor productivity largely fell short of the average level of Organization for Economic Cooperation and Development (OECD) countries between 2000 and 2004, an industry group said Wednes.. [Sep.13,2006 21:15 KST]

South Korea has resumed imports of U.S. beef after a 34-month ban. However, consumers remain concerned about their safety, calling the... [Sep.13,2006 14:22 KST]

The U.S. Internal Revenue Service (IRS) commissioner Mark Everson met his South Korean counterpart Jun Gun-pyo yesterday, and the two expressed their agreement with the need to combat tax evasi.. [Sep.13,2006 12:02 KST]