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IMF poised to pare Korea 2013 growth estimate to about 3pct

30-Jan-2013 Intellasia | Bloomberg | 6:00 AM

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

30-Jan-2013 Intellasia | Foxbusiness | 6:00 AM

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

30-Jan-2013 Intellasia | Bloomberg | 6:00 AM

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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Korea president issues controversial pardons

30-Jan-2013 Intellasia | AFP | 6:00 AM

South Korea’s outgoing president Lee Myung-Bak on Tuesday brushed off criticism from his successor and handed out pardons to a host of former close aides and [...]
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Satellite images reveal activity at N Korea test site

Satellite images reveal activity at N Korea test site

29-Jan-2013 Intellasia | AFP | 8:28 AM

New satellite images reveal ongoing activity at North Korea’s atomic test site, according to a US research institute, as expectation mounts of an imminent nuclear [...]
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Korea 4th-largest source for adoptees in US

29-Jan-2013 Intellasia | Asiaone | 6:00 AM

Korea sent the fourth largest number of adoptees to the United States in 2012 for the second consecutive year, even though the number has been on the decline since 2005. US [...]
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Bank of Korea taps currency swap line with China for trade settlement

29-Jan-2013 Intellasia | Foxbusiness | 6:00 AM

Korea Exchange Bank will extend the money to domestic companies that want to make payments in yuan to their Chinese trading partners, the BOK said in a statement. “By [...]
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Korea consumer confidence rises to eight-month high

29-Jan-2013 Intellasia | Bloomberg | 6:00 AM

South Korean consumer confidence climbed to the highest level in eight months as incoming President Park Geun Hye pledges to boost economic growth and increase welfare [...]
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N Korea vows to defend ‘dignity’

29-Jan-2013 Intellasia | SMH | 6:00 AM

North Korean leader Kim Jong-un vowed to defend his country against hostility from the United States after the totalitarian state said last week it would test a nuclear [...]
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Korea reveals staggering $1b transfer fraud in Iranian money

28-Jan-2013 Intellasia | Reuters | 6:00 AM

South Korean prosecutors have detained and charged a Korean American with the illegal transfer of a staggering 1.09 trillion won ($1.02 billion) in Iranian money frozen in [...]
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N Korea slams ‘sordid’ Kim plastic-surgery claims

N Korea slams ‘sordid’ Kim plastic-surgery claims

26-Jan-2013 Intellasia | AFP | 6:00 AM

North Korea has finally responded to persistent rumours that leader Kim Jong-Un had plastic surgery to look like his revered grandfather, issuing a denial criticising [...]
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Fed-Bank of Korea study refutes QE pain claim: Cutting Research

26-Jan-2013 Intellasia | Bloomberg | 6:00 AM

Emerging-market policy makers who argued the Federal Reserve’s quantitative easing led to capital inflows that distorted their bond markets may have exaggerated. The [...]
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US cites N Korea bankers for weapons proliferation

US cites N Korea bankers for weapons proliferation

26-Jan-2013 Intellasia | AFP | 6:00 AM

The US Treasury on Thursday imposed sanctions on two Beijing-based North Korean bankers for their role in exporting Pyongyang’s weapons technology and equipment, [...]
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Korea grows less than forecast as Won gains dim outlook

25-Jan-2013 Intellasia | Bloomberg | 6:00 AM

South Korea’s economy expanded less than analysts forecast in the fourth quarter as gains in the won, Asia’s best performing currency of the past six months, [...]
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Korea’s Q4 growth picks up but outlook challenging

25-Jan-2013 Intellasia | Reuters | 6:00 AM

South Korea’s export-driven economy picked up slightly in the final quarter of 2012 on resilient private consumption, data showed on Thursday, but a firm recovery will [...]
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