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South Korea approves wage hike for North Korean industrial park

30 July 2010, 11:42 pm

Seoul - South Korean firms accepted North Korean demands to increase wages at the jointly operated Kaesong industrial park by 5 per cent.... Read More »

S.Korea hikes wages for N.Koreans in joint industrial estate

30 July 2010, 9:09 pm

SEOUL, Saturday 31 July 2010 (AFP) - South Korean firms operating in a Seoul-backed industrial estate in North Korea have accepted the North's demand to raise workers' wages by five percent, a spokesman said Saturday.... Read More »

South Korea unveils plan to re-privatize major financial company

30 July 2010, 4:42 am

Seoul - The South Korean government announced Friday it planned to try to sell all or most of its majority share in one of the country's leading financial groups, nearly a decade after taking it over during the Asian financial crisis.... Read More »

South Korea To Raise Electricity, City Gas Charges

29 July 2010, 11:12 pm

South Korea To Raise Electricity, City Gas Charges... Read More »

North Korea, UN Command hold talks in ship sinking

29 July 2010, 11:12 pm

SEOUL, South Korea -- Military officers from North Korea and the U.S.-led U.N. Command met Friday for a third round of talks about the deadly sinking of a South Korean warship blamed on Pyongyang.... Read More »

South Korea Joins India, Malaysia in Raising Power Costs as Economies Grow

29 July 2010, 10:37 pm

South Korea will raise power and gas prices for the first time in more than a year, adding to inflation and increasing pressure for a further increase in interest rates.... Read More »

South Korea PM offers to resign over failed policies

29 July 2010, 8:13 pm

SEOUL: South Korean Prime Minister Chung Un-chan offered to resign Thursday, holding himself responsible for the government's failure last month to get parliamentary approval for a bill to scrap a new administrative town project south of Seoul, Yonhap News Agency reported.... Read More »

South Korea's Industrial Output Rises for 12th Month, Exceeding Forecasts

29 July 2010, 5:37 pm

South Koreas industrial output rose more than forecast in June, expanding for a 12th month, showing resilience to risks from advanced economies and providing more reason to keep raising rates.... Read More »

South Korea: Drills sent strong warning

29 July 2010, 1:13 am

SEOUL, South Korea (AP) -- For four days, U.S. and South Korean troops fired artillery into the skies and dropped anti-submarine bombs on underwater targets -- dramatic exercises meant to warn North Korea not to strike again.... Read More »

South Korea's prime minister offers to resign

28 July 2010, 11:27 pm

SEOUL, South Korea (AP) - South Korea's prime minister says he has offered to resign following a dispute over a government relocation project.... Read More »

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