S.Korea, China and Japan Agree to Push for Trilateral FTA

Write: 2012-05-13
President Lee Myung-bak, Chinese Prime Minister Wen Jiabao and Japanese Prime Minister Yoshihiko Noda have signed an accord to guarantee investments between their countries and agreed to lay the groundwork for a trilateral free trade deal. The three heads of state signed the agreement before noon on Sunday to kick off official talks for the three-way FTA at a trilateral summit in Beijing. The signing of the agreement will help launch FTA...

Rival Parties Elect Floor Leader

Write: 2012-05-13

Four-term lawmaker Lee Hahn-koo was elected the new floor leader of the ruling Saenuri Party on Wednesday. The main opposition Democratic United...

Business Suspension of Savings Banks

Write: 2012-05-13

The Financial Services Commission named four domestic savings banks as insolvent last Sunday and imposed a six-month business suspension. The banks...

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