Piketty warns of S. Korea's chaebol factor

Thomas Piketty, whose treatise on economic equality has taken the international economic community by storm, raised the need for property renewal in South Korea where massive wealth is often inherited among a few, select conglomer...

Hana Financial pushes for early merger in Oct.

Top management of Hana Financial Group decided to ask the Financial Services Commission for an approval to integrate with the Korea Exchange Bank in October, a Hana group chairman said on Thursday. “We have basically prioritized ...

Korea promotes rural development model

Korea Rural Community Corp., an affiliate of the Ministry of Agriculture, Food and Rural Affairs, is expanding international exchanges in an effort to export the nation’s rural development model. “As a model country for achievin...

Seoul shares end higher on abated Scotland concerns

South Korean stocks closed higher Friday amid abated geopolitical uncertainties in Europe, as voters in Scotland chose to stay part of the United Kingdom, analysts said. The benchmark Korea Composite Stock Price Index gained 6.08 ...