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Hynix swings to red in Q4 on poor demand

Hynix swings to red in Q4 on poor demand

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

South Korea’s Hynix Semiconductor, the world’s second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell [...]
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Foreign reserves hit 5-month high

03-Feb-2012 Intellasia | Yonhap | 7:01 AM

South Korea’s foreign exchange reserves rose to a five-month high in January as the stronger euro and other non-dollar currencies increased the conversion value of [...]
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Output declines as Europe’s crisis saps demand

02-Feb-2012 Intellasia | Business Week | 7:01 AM

South Korea’s industrial production rose 2.8 percent in December from a year earlier, Statistics Korea said today in Gwacheon, south of Seoul. The median estimate of 12 [...]
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Samsung Securities shuts operations outside Korea -source

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

South Korean brokerage Samsung Securities Co Ltd, which expanded quickly across Asia in the past two years, is shutting operations outside its home market, a source at the [...]
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Korea logs first surplus in health tourism account

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

South Korea posted the first surplus in its medical travel account in 2011 thanks to increased spending by overseas travellers seeking healthcare and medical services in the [...]
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Korea regulator says banks to curb household lending

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

South Korean banks aim to contain growth in household lending this year to an “early 5 percent range,” a senior official at the financial regulatory agency said [...]
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Korea to spend $7.4 billion on US next generation fighter jets

02-Feb-2012 Intellasia | MSN.com | 7:01 AM

South Korea has invited Boeing, Lockheed Martin and EADS to participate in its next generation fighter jet programme, in which the country will invest 8.3 trillion won ($7.39 [...]
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Prosecutors raid Korean foreign ministry

02-Feb-2012 Intellasia | Asiaone | 7:01 AM

Prosecutors raided the Ministry of Foreign Affairs and Trade on Monday for evidence that its disgraced energy envoy was involved in stock-rigging. Seoul Central District [...]
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IMF lowers growth outlook to 3.5pct

02-Feb-2012 Intellasia | Chosun.com | 7:01 AM

The International Monetary Fund has lowered Korea’s growth outlook for this year by nearly a percentage point to 3.5 percent. Although this is a huge cut from the [...]
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Ruling party softens N Korea stance in new platform

02-Feb-2012 Intellasia | Business Week | 7:01 AM

South Korea’s embattled ruling Grand National Party softened its stance toward North Korea in a new policy platform that seeks to appeal to voters ahead of this [...]
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Korea minister calls trade pact with China necessary

Korea minister calls trade pact with China necessary

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

South Korea’s finance minister called on Monday for early negotiations on a free trade pact with China so Seoul can compete against Taiwan in the lucrative Chinese [...]
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Korean public sector’s debt nears 800 tln won?

31-Jan-2012 Intellasia | Yonhap News | 7:01 AM

The debt held by the South Korean public sector rose to nearly 800 trillion won in the third quarter last year, data showed Sunday, dealing another blow to a country which is [...]
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?Korea’s trade minister stresses need for FTA with China?

31-Jan-2012 Intellasia | Yonhap News | 7:01 AM

South Korea’s trade minister stressed the need to sign a free trade agreement (FTA) with China, as the deal will help Seoul attain its goal of becoming a global free [...]
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Farewell to Lone Star?

31-Jan-2012 Intellasia | Korea Times | 7:01 AM

It is safe to say that South Koreans have a bittersweet feeling about the financial regulator’s approval of Hana Bank’s deal to take over Korea Exchange Bank [...]
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N Korea blasts upcoming Korea-US military drills?

31-Jan-2012 Intellasia | Yonhap News | 7:01 AM

North Korea lashed out at South Korea and the United States Saturday, warning that their upcoming joint military exercises would push the Korean Peninsula to the brink of [...]
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