Category: Korea
Korea January exports up, recovery seen weak
South Korea’s exports in January grew at the fastest pace in 11 months but a private survey showed that manufacturing activity shrank marginally, underscoring weak [...]
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Korea joins currency concerns
The strengthening of the South Korean won has sparked fears of problems in the export-oriented economy, similar to those of Thailand, a report said Thursday. The strong [...]
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Korea’s won weakens on finance ministry comments
South Korea’s won resumed its two-week march lower Wednesday after a finance-ministry official outlined measures the government may take to weaken the currency. On [...]
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Korea joins global space club with satellite launch
South Korea succeeded Wednesday in its third attempt to put a satellite into orbit, in a high-stakes test of national pride after arch-rival North Korea got there first with [...]
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Korea president-elect loses PM nominee
South Korean president-elect Park Geun-Hye stressed the need for “clean government” Wednesday, the day after her nominee for prime minister embarrassingly [...]
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Korea to boost Burma ties
South Korean President Lee Myung Bak told visiting Myanmar opposition leader Aung San Suu Kyi Tuesday that Seoul wants to help her country create greater economic [...]
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Korea prepares high-stake rocket launch
South Korea is poised for its third bid to send a satellite into orbit – a watershed moment for the future of the country’s space programme and a high-stakes [...]
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UN atomic monitor ready for N Korea nuclear-bomb test
The United Nations agency that detects and reports on nuclear-weapon explosions is ready to respond to North Korea’s planned testing of an atomic bomb. The [...]
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Posco sees tough year for steel industry
Posco, the world’s fourth-largest steelmaker by output, has warned of “severe” competition for survival in the industry this year, though the South Korean [...]
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Ferocious, weak and crazy: The N Korean strategy
North Korea’s state-run media reported Sunday that North Korean leader Kim Jong Un has ordered the country’s top security officials to take “substantial and [...]
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Police to probe gas leak at Samsung plant
An investigation has begun into the cause of a fatal gas leak at Samsung Electronics’ main plant in South Korea, where memory chips are made, police said. Officials [...]
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IMF set to pare Korea 2013 growth estimate to about 3pct
The International Monetary Fund is likely to pare its forecast for South Korea’s economic growth for 2013, catching up with reductions by the nation’s central [...]
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IMF poised to pare Korea 2013 growth estimate to about 3pct
The International Monetary Fund is likely to pare its forecast for South Korea’s economic growth for 2013, catching up with reductions by the nation’s central [...]
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Deadly chemical leak at Korea Samsung plant
The five repair workers were called in Sunday night to stop the leak of diluted hydrofluoric acid at the plant in the city of Hwaseong, 43 kilometers southwest of Seoul, a [...]
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Korea’s manufacturer confidence jumps for second month
South Korean manufacturers’ confidence increased for the second straight month as signs of improving domestic demand buoyed business sentiment. An index measuring [...]
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