Thursday, April 4, 2013
Troubled South Korean giant STX Offshore and Shipbuilding saw its share price plunge a daily limit of 15 percent Wednesday for a second straight day on the back of a liquidity crisis.
Tuesday, April 2, 2013
A free trade agreement (FTA) between South Korea and Turkey will go into effect in May, the latest in a wide-ranging series of trade pacts negotiated by the export-dependent South, officials said Monday.
Monday, April 1, 2013
Gas-guzzling SUVs, eco-friendly electric cars and the odd brave attempt to marry the selling points of both are taking center stage at the biennial Seoul Motor Show.
Saturday, March 30, 2013
South Korea's industrial output shrank for the second straight month in February, fuelling concerns of a slower-than-expected recovery for Asia's fourth-largest economy.
Wednesday, March 27, 2013
South Korea's central bank confirmed Tuesday that the country's economy grew just 2 percent last year — the slowest rate for three years — on weak export growth and consumer demand.
Tuesday, March 26, 2013
South Korea's government said on Monday it will launch a US$1.35 billion fund this week to provide debt relief for more than half a million people unable to repay loans.
Thursday, March 21, 2013
North Korea's nuclear test last month wasn't just a show of defiance and national pride; it also is advertising. The target audience, analysts say, is anyone in the world looking to buy nuclear material.
Friday, March 15, 2013
A US$28 billion real estate project in Seoul was facing collapse on Thursday after developers acknowledged defaulting on a major loan repayment.
South Korea's central bank kept its benchmark interest rate unchanged for a fifth straight month Thursday, despite concerns over whether growth in Asia's fourth-largest economy is back on track.
Thursday, March 14, 2013
South Korea's newly named finance minister said Wednesday the recovery in Asia's fourth-largest economy is weak and might need additional government stimulus.