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Is Lehman nightmare haunting us?
Are we in crisis again? The problem with this question is that nobody knows the answer. Stock markets appear to be crumbling.

Is bibimbap Japanese?
I loved late President Roh Moo-hyun for his consistent push for reform even in the face of strong criticism and sometimes derision from conservative politicians, professors and the media.

Any tears for Kims departure?
The long-awaited and still waiting ratification of a free trade pact between Korea and the U.S. will be Trade Minister Kim Jong-hoons swansong.

Hush, hush, tell nobody about KTX safety!
In the age of global competition, promoting ones countrys products can be taken as an act of patriotism. But, when it comes down to safety, it should transcend all borders.

Klane has had enough. Well, so have we
Klane was thrown into a new round of public relations (PR) battles last week after his bosses at Texas-based Lone Star Funds, the U.S. private equity fund that controls KEB, decided to take 496.8 billion won (about $467 million) in interim dividend..

SC First unions strike at resort sees twist
SOKCHO, Gangwon Province A beautiful beach runs alongside the resort town of Sokcho on the East Coast. Meals are served at a hotel-style restaurant, with people clad in shorts and flip-flops waiting in a queue.

Mirae chief does it again!
Mirae Asset Financial Group Chairman Park Hyeon-joo surprised the market once again Monday as the Seoul-based company was set to buy a 60 percent stake in Canadian asset management firm BetaPro Management from its parent company Jovian Capital Corp..

SC First union needs to stop sulking, start talking
In opposition of the introduction of a performance-based pay system the union of SC First Bank has been on strike since Monday.

Huhs defiance
Few had expected Huh Chang-soo, GS Group chairman, to speak out when he took office as chairman of the Federation of Korean Industries (FKI) four months ago.

Hana CEO taken on hero-to-zero ride
Hana Financial CEO Kim Seung-yu faces the biggest crisis in his 40-year-old banking career over dimmer prospects of taking over the Korea Exchange Bank (KEB).

2 policy leaders, 2 different minds
Strategy and Finance Minister Bahk Jae-wan doesn't seem to see eye to eye with Choi See-joong, the chairman of the Korea Communications Commission (KCC) when it comes to mobile rate cuts.

Jobs loses originality pardon me?
A thin but still energetic Apple CEO Steve Jobs recently interrupted his sick leave and took the stage in San Francisco, receiving cheers and applause for opening the annual Worldwide Developers Conference (WDC) event.

Desperate Toyota plays nice
Toyota Motor Group CEO Akio Toyoda impressed some Korean journalists with his modesty and politeness during his first trip to Korea, Saturday and Sunday.

KT-Softbank cooperation
KT and Softbank announced a joint venture to provide data center and cloud services to Japanese companies. The data center will be in Gimhae, South Gyeongsang Province. After the earthquake that hit Japan on March 11, Japanese companies have been l..

Market has no final say on mobile rates
Economics 101 says market sets prices, but it isnt so with telecommunications rates. It is not the market but politics that decides the charges.

When social media gets out of hand, it may kill
Social media services like Twitter, Facebook and Cyworld, by their very nature, are designed to be inclusive as possible. As a result, people are better connected than ever, but the cost of an expanded social circle is often the deterioration in th..

Would we want world without financial regulators?
A series of corruption allegations and criticism of the financial authoritys complacent dealing with fraud at savings banks has tainted its reputation as well as leaving the organization in shock.

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