South Korea is temporarily suspending $7.3 billion fighter jet bidding South Korea announced that they are temporarily suspending the US$7. 3 fighter jet bidding initiated by the South Korea's Defense Acquisition Program Administration (DAPA).

Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.

HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.

Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.

Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.

Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.

With restrictions on shelved produce, days of operation and zoning regulations, many big box retailers such as Tesco are being squeezed in the South Korean market.

GM expands interests in South Korea. An additional US$7. 3 billion is being eyed by General Motors Co. to be invested into its South Korean subsidiary spread over five years.

Private equity fund MBK Partners has expressed interest in acquiring ING Groep NV's South Korean insurance unit