Shutdown of Nonviable Schools Begins

2011-11-13

Four months after the government began its restructuring of universities in July, the first two schools have been named for closure under the crackdown. ...

Disputed Introduction of Buffett Tax

2011-11-13

Finance Minister Bahk Jae-wan has expressed his opposition to introducing the so-called "Buffett Tax" on the wealthy, a proposal being mulled ...

Pres. Lee's Planned National Assembly Visit

2011-11-11

President Lee Myung-bak’s planned visit to the National Assembly apparently comes amid concerns that efforts to ratify the South Korea-U.S. free ...

The K-Pop Wave Sweeping the Global Youth Community

2011-11-11

College Scholastic Ability Test

2011-11-10

College Scholastic Ability Test serves as the most basic standard in determining college admission. It's held annually near the end of the year. ...

Raid of SK Offices

2011-11-09

The prosecution mobilized around 100 investigators Tuesday to raid SK Group’s main office, key subsidiaries and homes of some company officials. ...

Fitch’s Assessment on S. Korean Economy

2011-11-08

Fitch cited South Korea’s financial soundness, sufficient foreign exchange reserves and its fast economic recovery as reasons for marking up ...

Calls for Party Reform Escalate

2011-11-07

Lee's Apology Twenty-five ruling Grand National Party lawmakers have delivered a letter to chief presidential political secretary Kim Hyo-jae ...

Government Fiscal Deficit

2011-11-06

A new forecast predicts that the government fiscal deficit can be brought down to the one percent level of gross domestic product this year, and a ...

Ex-PM Han Acquitted of Charges

2011-11-06

Former Prime Minister Han Myeong-sook, who was charged with receiving illegal political funds, has been acquitted by the Seoul Central District ...