With the uncertainty surrounding the two-month long impeachment process of President Roh Moo Hyun now finally resolved, and the president firmly back in the saddle, South Korea is keen to push ahead with more financial reform and, in particular, focus on asset management.
Asia-Pacific
Latest articles from South Korea
Recovery challenges
May 3, 2004South Korea’s political turmoil resulting from the impeachment of its president may be limiting the country’s nascent economic recovery, says Yang Sung-jin.
Return to profit
May 3, 2004Park Sang-soo reviews the banking sector in South Korea, as financial institutions work to reduce the mountain of bad debt.
Dangerous liaison?
May 3, 2004Korea is becoming far too reliant on exporting to China, and the honey pot won’t last for ever, says Yang Sung-jin.
Balancing act
May 3, 2004South Korea has a dilemma. On the one hand historical factors make it wary of foreign intrusion, yet it aspires to be a regional hub. Kim Ji-hyun reports.
Desperate to invest
May 3, 2004Given a volatile stock market, government stimuli and low interest rates, Korea is awash with mountains of seemingly uninvestible cash. Park Sang-soo explains.
South Korea moves into consolidation mode as foreign interest intensifies
April 5, 2004Citigroup’s agreement to purchase KorAm Bank in late February has sparked a round of consolidation, reflecting a keen interest by foreign investors in South Korea’s retail banking sector, the third-largest in Asia after Japan and China.
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