51.   He said Korean companies come to the U.K. because of its low wage base and its low manufacturing costs.

52.   He said only a handful of Korean companies have direct investment in Brazil.

53.   Hyundai called it the largest direct investment to date by a Korean company in the United States.

54.   In recent years the pace of mutation in the industry has accelerated, as Japanese and Korean companies got into the act, stiffening the competition.

55.   In particular, foreign companies are reluctant to step in and rescue financially troubled Korean companies by purchasing them, unless there is a legal way of reducing employees.

56.   In the course of this investigation, almost all the largest Korean companies like Daewoo, Samsung and Hyundai have admitted being forced to pay Roh.

57.   In South Korea, former Presidents Roh Tae Woo and Chun Doo Hwan were jailed following disclosures that they had received enormous bribes from Korean companies.

58.   Investors seeking value in Asia-Pacific stocks also bought Korean companies recently.

59.   It has also lifted the ceilings on foreign investments in bonds issued by Korean companies.

60.   Its problem is that Korean companies operate with large amounts of debt, making them vulnerable when foreign investors fear for their money.