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Korea’s Doosan wins $1.3b order from India

Korea’s Doosan wins $1.3b order from India

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

South Korea’s Doosan Heavy Industries and Construction said it has won a 1.5 trillion won ($1.3 billion) deal to build industrial boilers for India’s state-run [...]
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Korea begins military drills despite threat from North

21-Feb-2012 Intellasia | Fox News | 3:54 PM

South Korea conducted live-fire military drills near its disputed sea boundary with North Korea on Monday despite Pyongyang’s threat to respond with a [...]
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Hana reaches deal with KEB union, avoiding strike

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

South Korea’s Hana Financial Group said on Friday that it had reached a deal with labour union of Korea Exchange Bank (KEB) which had threatened to strike over possible [...]
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Korea expects to swing to small February trade surplus

20-Feb-2012 Intellasia | MarketWatch | 7:01 AM

South Korea’s Knowledge Economy minister Hong Suk-woo said he expects a small trade surplus in February despite difficult economic conditions. A Knowledge Economy [...]
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Over half of Koreans negative about DUP’s bid to nullify US FTA

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

With a trade pact with the United States re-emerging as a hot political issue ahead of April’s general elections, about half of Koreans were negative about the [...]
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Parliament delays emission bill vote again

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

South Korea’s parliament has delayed a vote on an emissions trading scheme scheduled for Thursday because of political wrangling between the government and opposition [...]
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Small car sales rise in Jan

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

Sales of small cars in South Korea rose 5.1 percent on-year in January despite the general weak demand in the automobile market, a trade association said Thursday. According [...]
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Korea jobless rate rises in January

17-Feb-2012 Intellasia | CNA | 7:01 AM

South Korea’s unemployment rate rose in January from a month earlier amid growing global economic uncertainty, official figures showed Wednesday. Statistics Korea said [...]
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Korea ‘ready to talk’ about industrial park in N Korea

Korea ‘ready to talk’ about industrial park in N Korea

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

South Korea said it is ready to start talks with North Korea on further developing a jointly run industrial estate despite simmering political tensions. The unification [...]
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China ‘agrees’ to invest $3b in N Korea trade zone

China ‘agrees’ to invest $3b in N Korea trade zone

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

China has agreed to invest about $3 billion in developing North Korea’s northeastern free trade zone as an export base, a report said on Wednesday. The deal was [...]
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Korea January coal imports up 3.8 pct y/y

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

South Korea’s imports of coal in January rose 3.8 percent to 10.71 million tonnes from 10.32 million tonnes a year earlier, customs data showed on Wednesday. Details of [...]
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Korea’s January LNG imports drop 41 pct yr/yr

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

South Korea’s imports of liquefied natural gas (LNG) fell 41 percent in January from a year earlier after building inventory via robust imports last December for winter [...]
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Samsung boss sued by brother for inheritance

Samsung boss sued by brother for inheritance

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

The chair of South Korea’s Samsung Electronics has been sued by his elder brother over a multi million dollar inheritance, a law firm said Tuesday. Lee Maeng-Hee, 80, [...]
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US to meet with new N Korean regime

16-Feb-2012 Intellasia | Wall Street Journal | 7:01 AM

The Obama administration will meet North Korean diplomats later this month in their first direct dialogue with Pyongyang since the death of leader Kim Jong Il in December. US [...]
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Korea’s trade terms hit 3-year low in 2011

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

South Korea’s 2011 terms of trade deteriorated to the lowest level in three years as oil price hikes pulled up import costs, outpacing moderate gains in export prices, [...]
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