Category: Korea
Korea inflation slows to 1.4pct
South Korea’s inflation rate slowed to a fourth-month low in December, government data showed Monday, giving the central bank more monetary room to help boost the [...]
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Korea’s inflation slows even as economy gaining momentum
South Korea’s inflation eased to the slowest pace in four months in December, staying below the nation’s price target even as an economic recovery shows signs of [...]
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Moody’s raises rating on Korea
Moody’s Investors Service MCO -0.18 percent Monday raised South Korea’s sovereign credit rating by one notch to Aa3, on par with that of China and Japan, citing [...]
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Korea aims to join global top 10 food exporters by 2020
Korea seeks to generate over $30 billion by 2020 from shipping a wide range of agricultural, fisheries and processed food products abroad, and emerge among the global top 10 [...]
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Korea says Japan free trade talks ‘difficult’ due to tensions
South Korea said resuming negotiations with Japan over a free trade agreement will be difficult given a maritime territorial spat. “Soured relations between Korea and [...]
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Strikes hurting sales of Korea’s Hyundai
Hyundai Motor’s labour union said Monday employees plan to halt work for three days this week following a series of partial strikes that have cost the Korean giant more [...]
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Korea current account sets record surplus in November
South Korea’s current account surplus rose to a record high in November, placing upward pressure on the won which has already risen more than 10 percent against the [...]
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Korea won set for weekly gain as improving economy spurs inflows
South Korea’s won headed for a sixth weekly gain as signs of a pickup in the economy attracted funds from abroad and exporters repatriated income. government bonds [...]
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Korea bond sales slide from 2011 record as economy cools
Company bond sales in South Korea retreated from a record set in 2011 this year as slowing economic growth at home damped investor appetite for debt. Korea Electric Power [...]
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Korea lowers its growth forecast
South Korea has cut its growth forecast for this year and for 2013, underlining the effect of a slowdown in its key export markets on its growth. The finance ministry has [...]
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Korea’s industrial output up 2.3pct
South Korea’s industrial production accelerated sharply in November to post a third consecutive monthly rise, according to government data. Production in the mining, [...]
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Korea cuts 2013 growth estimate as European crisis linger
South Korea lowered its growth forecasts for this year and for 2013 in the first revisions since a new president was elected on December 19. Gross domestic product will [...]
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N Korea’s China Trade Expanded More Than 60pct in 2011
North Korea’s trade with China expanded more than 60 percent to $5.63 billion in 2011, as the totalitarian regime deepened its dependence on its main political and [...]
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Taiwan’s ICT products better known than Korea’s in China: polls
Taipei, December 26 (CNA) Taiwan’s information and communications (ICT) technology products have better brand recognition than South Korea’s in China because of a [...]
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Korea to donate $800000 more for typhoon rehab efforts
The Korean government will provide an additional $800,000 relief assistance to help in the rehabilitation efforts being undertaken by the Aquino administration in [...]
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