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Korea accelerating move to farm villages

Korea accelerating move to farm villages

27-Feb-2012 Intellasia | koreatimes.co.kr | 7:01 AM

The number of households that moved from cities to farmland or ranches last year was initially estimated to be around 6,500 but the figure was confirmed to top 10,000 for the [...]
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Samsung Life says interested in ING Asia insurance business

27-Feb-2012 Intellasia | moneycontrol.com | 7:01 AM

South Korea’s Samsung Life Insurance said it is interested in acquiring ING Groep’s Asia-Pacific insurance operation as part of its overseas expansion strategy. [...]
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Korean consumer confidence rises to three-month high

27-Feb-2012 Intellasia | Bloomberg | 7:01 AM

South Korean consumer confidence rose to the highest level in three months as signs of an improvement in the US economy and progress in resolving Europe’s debt crisis [...]
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Korean MPs slam China for returning N Koreans

Korean MPs slam China for returning N Koreans

27-Feb-2012 Intellasia | AFP News | 7:01 AM

South Korean legislators on Friday condemned China’s repatriation of fugitives from North Korea after Beijing reportedly sent nine back despite pleas from Seoul. A [...]
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Won expected to strengthen further

27-Feb-2012 Intellasia | 27-FEB-2012 I ntellasia | koreaherald.com | 7:01 AM

The Korean won stays strong amid a flurry of reports that its value might go up further on the strength of foreign investors opting for Korean bonds. The local currency [...]
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Tesco among likely bidders for Korea Hi-Mart stake – sources

25-Feb-2012 Intellasia | Reuters | 7:01 AM

Tesco Plc, the world’s third-biggest retailer, may bid for a controlling stake valued at about $900 million in South Korean electronics retailer Hi-Mart Co Ltd, two [...]
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Korea’s economic growth outpaces OECD average in Q4

25-Feb-2012 Intellasia | Yonhap News | 7:01 AM

South Korea outgrew the average economic output of Organisation for Economic Cooperation and Development (OECD) member countries in the final quarter of last year, data [...]
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Korea may be exempted from Iran sanctions in some areas

25-Feb-2012 Intellasia | Korea Herald | 7:01 AM

The US is likely to exempt Korea from Iran sanctions with regards to non-petroleum products. According to reports citing unnamed government sources, US officials agreed with [...]
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N Korea calls Seoul nuclear summit a ‘childish farce’

24-Feb-2012 Intellasia | Reuters | 7:01 AM

Isolationist North Korea lashed out at its neighbour on Wednesday for hosting an international nuclear security summit in Seoul next month, calling it a “childish [...]
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Korea’s SK agrees $588m butanediol venture with Sinopec

24-Feb-2012 Intellasia | Reuters | 7:01 AM

South Korea’s SK Group said on Wednesday that it had agreed with China’s state oil firm Sinopec to set up a 3.7 billion yuan ($588 million) Chinese joint venture [...]
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N Korean leader inspects military unit

24-Feb-2012 Intellasia | koreatimes | 7:01 AM

North Korean leader Kim Jong-un visited a military unit, a state media outlet reported Tuesday, as it ratchets up propaganda against the South over this week’s [...]
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KDB chair says may sell more than 10 pct stake via IPO

24-Feb-2012 Intellasia | Reuters | 7:01 AM

South Korea’s state-run KDB Financial Group may sell more than 10 percent of its shares in an initial public offering planned by the end of this year, if market [...]
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N Korea kept China in the dark on leader’s death

23-Feb-2012 Intellasia | Korea Times | 7:01 AM

North Korea didn’t even keep its closest ally in the loop about its most important development in over a decade: the death of Kim Jong-il, shedding light on one of the [...]
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Korea to seek UN support for Northerners in China

Korea to seek UN support for Northerners in China

23-Feb-2012 Intellasia | AFP | 7:01 AM

South Korea will seek global support at a UN meeting next week for its efforts to rescue North Korean refugees recently arrested in China and facing repatriation, according [...]
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Bahk says strong stocks reason for optimism

22-Feb-2012 Intellasia | Korea Herald | 7:01 AM

Prices in global stock markets, including in Korea, appear to have moved ahead of the real economy, said Bahk Jae-wan, Korea’s finance minister. “We see some gap [...]
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