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Crestfallen!
Former Prime Minister Chung Un-chan was a vibrant, respected and confident economics professor at Seoul National University. His teaching was authoritative, succinct and precise.

Samsung targeted in Apples offensive against Android
The relationship between the technology sectors oddest bedfellows is about to become stranger.

Trade ministers mea culpa
If Trade Minister Kim Jong-hoon is fired, the ostensible reason would be for his attempt to save taxpayers money.

Asian rebellion in Foreign Bankers Group
Asian members of the Foreign Bankers Group flexed their growing muscles by pushing for an unprecedented vote to select a leader.

China: 1995 vs. 2011
BEIJING — Jiang Yu, spokeswoman of the Chinese foreign ministry, took the podium at 3 p.m. last Tuesday for a regular briefing at the International Press Center (IPC), held every Tuesday and Friday.

Narcissist vs. romanticist
Recently, two leading figures in the banking industry used poems to express their feelings during meetings with reporters but they received contrasting receptions.

Graceful exit
Outgoing Woori Bank CEO Lee Chong-hwi said basic and principle are two key words for success in the banking industry during his meeting with reporters, Wednesday. The 61-year-old departs today after serving for 40 years as a banker.

New Lotte leader faces heirs curse
Lotte Group, one of the top conglomerates in Korea, opened the Year of the Rabbit with great fanfare as heir apparent Shin Dong-bin, the son of group founder Shin Kyuk-ho, was promoted to chairmanship.

Conspiracy theory on Lotte whodunit
A spy break-in of an Indonesian special envoys hotel room in Seoul last week made headlines here and abroad and cast doubts on a number of angles.

Hyundai empress trumps brother-in-law
Has Hyundai Motor Group been pushed into burying the hatchet with Hyundai Group or was it a planned move coming from the chairmans heart?

Subaeys secrets of success as CEO
There is no single royal road to travel down to become a remarkable chief executive officer (CEO).

Who are E-Mart offering discounts for?
E-Mart, the countrys largest discount chain, said earlier this week that it will freeze or cut prices of 52 essential items such as some instant noodles, dairy products, powdered formula and vegetables this year.

Moaning about gasoline prices, government avoids liquidity question
From the outset of the Year of the Rabbit, the appreciating prices of consumer goods have raised warning flags, which prompts the Lee Myung-bak administration to come up with a set of contingency measures.

Czar!
Since his appointment less than two weeks ago, new Financial Services Commission (FSC) Chairman Kim Seok-dong has hogged the spotlight by reiterating the governments extraordinary power over the financial market.

SK, LG leaders turn to kid brothers for help
Korean tycoons are turning to their younger brothers in their attempts to reinvigorate troubled subsidiaries as demonstrated in the year-end reshuffles by LG Group and SK Group.

Why are firms calendar-crazy?
Its just over a week before the New Year, so how many 2011 calendars and diaries have you received?

Arnaults folly
Louis Vuitton is known to not be so customer-friendly. The brand allows customers to buy only two items per visit, forces customers to line up in front of the stores and never goes on sale.

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