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Korean firms in Gaeseong complex plagued by North’s hefty taxes

19-Oct-2012 Intellasia | Yonhap | 7:01 AM

North Korea has unilaterally imposed hefty taxes on South Korean firms operating in the joint Gaeseong inter-Korean industrial complex in the North while employees there are [...]
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Korean exporters rally on positive US data

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

South Korean shares rose on Tuesday, with exporters the biggest gainers after US retail and corporate earnings data showed the world’s biggest economy to be in better [...]
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Korean carmakers see exports worsen amid eurozone woes

Korean carmakers see exports worsen amid eurozone woes

18-Oct-2012 Intellasia | Asiaone | 7:01 AM

Following the prolonged slump in car sales at home, five major automakers here saw their exports continue to decline over the past few months on a year-on-year basis. [...]
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Western asset favours Korean bonds amid global slump

17-Oct-2012 Intellasia | Bloomberg | 7:01 AM

South Korea’s bonds, upgraded three times since 2006 by Moody’s Investors Service, are gaining appeal as the nation’s fiscal health and growth prospects are [...]
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Korea spurs regional arms race headed by China: CSIS

17-Oct-2012 Intellasia | Korea Times | 7:01 AM

South Korea’s military spending rose 67 percent over the past decade, helping spur Asia’s arms race led by China, a think tank here said in a report. “South [...]
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Korea doubles 2013 emissions reduction target

Korea doubles 2013 emissions reduction target

17-Oct-2012 Intellasia | Chicagotribune | 7:01 AM

South Korea has doubled a target to reduce greenhouse gas emissions by local industrial and power sectors in 2013 to enhance competitiveness prior to a new cap-and-trade [...]
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Korea won nears 1-yr high as US data supports risk appetite

17-Oct-2012 Intellasia | Bloomberg | 7:01 AM

South Korea’s won climbed toward an almost one-year high as consumer data from the US supported demand for riskier assets. government bonds held steady. US retail sales [...]
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Korea minister sorry for border security failure

Korea minister sorry for border security failure

17-Oct-2012 Intellasia | Asiaone | 7:01 AM

Defence minister Kim Kwan-jin on Monday apologised and pledged to discipline commanders responsible for the failure to detect a North Korea solider crossing the border. Kim [...]
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Korean officials blast IMF over Asian issues

16-Oct-2012 Intellasia | Koreatimes | 7:01 AM

Korea’s finance minister and top central banker criticised the International Monetary Fund (IMF) for its supposed failure to support the interests of Asian economies [...]
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WB to open office in Korea, finance ministry says

16-Oct-2012 Intellasia | Bloomberg | 7:01 AM

The World Bank plans to open an office in South Korea, according to an e-mailed statement from the Asian nation’s finance ministry. Jim Yong Kim, president of the World [...]
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Korea, Indonesia eye cooperation in eight large projects

Korea, Indonesia eye cooperation in eight large projects

15-Oct-2012 Intellasia | Jakarta Globe | 7:01 AM

Delegations from Indonesia and South Korea meeting for the two-day Korea-Indonesia Jeju Initiative in Jeju, South Korea, have agreed to cooperate on eight large-scale [...]
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Costco, Korea battle over Sunday closing rule

Costco, Korea battle over Sunday closing rule

13-Oct-2012 Intellasia | AFP | 7:01 AM

South Korean officials threatened stern action Thursday against retail giant Costco in an increasingly heated row over the US firm’s refusal to shut its wholesale club [...]
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Korean airport missed smoke grenade

13-Oct-2012 Intellasia | San Francisco Chronicle | 7:01 AM

South Korean security officials screened a man with a bulletproof vest before he got on a flight to Los Angeles, but they never detected a banned smoke grenade concealed in [...]
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Korea producer-price inflation accelerates to 4-month high

Korea producer-price inflation accelerates to 4-month high

13-Oct-2012 Intellasia | Businessweek | 7:01 AM

South Korea’s producer prices rose at the fastest pace in four months after typhoons damaged crops and international oil prices increased. Prices rose 1 percent in [...]
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Ambassador says Psy boosts Korea-US ties

13-Oct-2012 Intellasia | Korea Times | 7:01 AM

K-pop sensation Psy may be raising the profile of more than just affluent southern Seoul these days. His viral hit “Gangnam Style” and its infectious horse dance [...]
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