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Bank of Korea to debate rate rise as growth risks multiply

10-Jun-2011 Intellasia | BusinessWeek-Bloomberg | 7:01 AM

The Bank of Korea will weigh an interest-rate increase tomorrow as swelling household debt and weakness in the global economy pose threats to growth. Nine of 17 economists [...]
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Korea’s GNI drops for first time in 2 years

10-Jun-2011 Intellasia | chosun.com | 7:01 AM

Korea’s Gross National Income has declined for the first time in two years, the Bank of Korea said on Wednesday. The drop in GNI, which gauges the public’s actual [...]
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GM Korea pledges to invest $5b over 3 years

GM Korea pledges to invest $5b over 3 years

10-Jun-2011 Intellasia | joongangdaily.joins.com | 7:01 AM

GM Korea Co., the Korean unit of US automaker general Motors Co., plans to spend up to 5.4 trillion won ($5 billion) over the next three years to improve its vehicles and [...]
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N Korea’s army poses a ‘growing, direct’ threat to US, Panetta Says

10-Jun-2011 Intellasia | Bloomberg | 7:01 AM

North Korea’s ballistic missile programme, nuclear enrichment activities and 1 million troops are a “growing and direct threat” to the US, according to CIA [...]
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Korea, China to press N. Korea on talks: envoy

10-Jun-2011 Intellasia | AFP | 7:01 AM

South Korea and China will this week discuss ways to persuade North Korea to return to dialogue, the South’s nuclear envoy said Wednesday, after Pyongyang publicly [...]
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Pressure to raise rates grows in Korea

10-Jun-2011 Intellasia | Financial Times | 7:01 AM

South Korea faces an agonising decision whether to lift interest rates to curb inflation on Friday after growth data showed surging exports were failing to reinvigorate the [...]
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Koreans plumb for imported compact cars

09-Jun-2011 Intellasia | The Chosun Ilbo | 7:01 AM

Compact cars are becoming the most popular imported vehicles in Korea as oil prices soar. Some 3,969 cars with a 2.0-litre or smaller engine were among the 8,777 imported [...]
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Korea final Q1 GDP rises 1.3pct

09-Jun-2011 Intellasia | RTT News | 7:01 AM

South Korea’s gross domestic product climbed 1.3 percent in the first quarter of 2011 compared to the previous three months, the Bank of Korea said on Wednesday. That [...]
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Korea’s IT exports gain 4.7pct in May

09-Jun-2011 Intellasia | The Korea Herald | 7:01 AM

Korea’s exports of information technology products gained 4.7 percent on-year in May on steady global demand for mobile phones and rechargeable batteries, the [...]
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Korea revises Q1 growth downward

Korea revises Q1 growth downward

09-Jun-2011 Intellasia | AFP | 7:01 AM

South Korea’s economy grew at a slightly slower pace than previously estimated in the first quarter after domestic demand and investment proved weaker than predicted, [...]
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N. Korea test-fired missile: reports

N. Korea test-fired missile: reports

09-Jun-2011 Intellasia | AFP | 7:01 AM

North Korea test-fired a short-range missile off its west coast last week in the first such launch for 19 months, reports said Wednesday. The North fired the KN-06 missile [...]
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Korea’s Q1 growth pared to 1.3pct in government revision

09-Jun-2011 Intellasia | Bloomberg | 7:01 AM

South Korea’s economy expanded in line with initial estimates in the first quarter, underpinning the case for the central bank to raise borrowing costs this week. Gross [...]
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Two former credit Suisse staff charged in Korea for unfair trades

09-Jun-2011 Intellasia | Bloomberg | 7:01 AM

Two former employees of Credit Suisse Group AG (CSGN)’s Hong Kong branch were charged by South Korea prosecutors with making 23.6 billion won ($22 million) in unfair [...]
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N Korean defector to get high-level Korean post

09-Jun-2011 Intellasia | AP | 7:01 AM

South Korea-South Korea says it has decided to appoint a North Korean defector as head of a government research institute. It would be the highest South Korean government job [...]
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Oregon may ship blueberries to Korea in July

08-Jun-2011 Intellasia | The Packer | 7:01 AM

South Korean consumers will likely have access to fresh Oregon blueberries beginning this July, after a decade of negotiations by the Oregon Blueberry Commission. Bryan [...]
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