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BOK freezes key interest rate for 7th month

16-Jan-2012 Intellasia | koreatimes.co.kr | 7:01 AM

Korea’s central bank on Friday left the key interest rate unchanged for the seventh straight month due to still-high consumer inflation even as the eurozone debt crisis [...]
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7 of 10 defectors satisfied with life in Korea: poll

16-Jan-2012 Intellasia | Yonhap | 7:01 AM

Nearly seven out of 10 North Koreans are satisfied with their lives in South Korea, a government survey showed Friday, following Seoul’s efforts to better accommodate [...]
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Suspended Korean savings bank chair found dead in Seoul

Suspended Korean savings bank chair found dead in Seoul

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

The biggest shareholder of Ace Mutual Savings Bank, a South Korean lender whose operations were suspended last year by the regulator, was found dead yesterday ahead of [...]
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Korea, US stand firm against NK’s ‘provocation’: FM

16-Jan-2012 Intellasia | koreatimes.co.kr | 7:01 AM

Foreign minister Kim Sung-hwan said Friday the country’s alliance with the United States is more firm than ever to help deter any “provocation” from North [...]
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Half-naked Korean soldiers train for winter war

Half-naked Korean soldiers train for winter war

14-Jan-2012 Intellasia | Reuters | 7:01 AM

Cool under fire took on new meaning for more than 200 South Korean soldiers this week as they stripped off their shirts, flung snow on each other and walked through an [...]
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Foreign direct investment inflows up 4.6pct in 2011

14-Jan-2012 Intellasia | Korea Herald | 7:01 AM

Foreign investment in Korea grew a healthy 4.6 percent last year as an inflow of capital from rich countries sharply rose despite persistent uncertainties in the global [...]
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‘Rocket man’ Kim Jong-il immortalised in N Korea

‘Rocket man’ Kim Jong-il immortalised in N Korea

14-Jan-2012 Intellasia | Reuters | 7:01 AM

North Korea declared February 16 the “Day of the Shining Star” to commemorate the birthday of late “Great Leader” Kim Jong-il, using the same name as [...]
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Korean regulator plans routine review of Citigroup unit

13-Jan-2012 Intellasia | Bloomberg | 4:59 PM

South Korea’s Financial Supervisory Service is planning a regular inspection of Citigroup Inc. (C)’s local banking unit this year, the regulator said in an [...]
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‎Korea sovereign wealth fund posts a negative return in 2011

13-Jan-2012 Intellasia | Korea Herald | 4:59 PM

Korea Investment Corporation, Korea’s sovereign wealth fund, suffered a net loss of 3.3 percent in terms of average yield last year, hurt by the turmoil in the global [...]
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‎Korea’s jobless rate drops to 3.4pct in 2011

13-Jan-2012 Intellasia | Yonhap News | 4:58 PM

South Korea’s jobless rate fell last year from a year earlier, but its labour markets remain tough amid worries over a slowing economic recovery, a report showed [...]
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‎Korea vulnerable to fraudulent defense subcontractors

13-Jan-2012 Intellasia | Korea Times | 4:57 PM

Korea remains unprotected from defense subcontractors’ attempts to fraudulently inflate costs by exploiting legal loopholes and contract terms under which the [...]
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‎’Korea-US FTA will take economic ties to next level’

13-Jan-2012 Intellasia | Korea Herald | 4:56 PM

A top US Chamber of Commerce official said the Korea-US free trade agreement, which is set to take effect soon, will further enhance economic relations between the two [...]
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Korea airport plans $3b casino resort

13-Jan-2012 Intellasia | Mysinchew | 4:55 PM

The operator of South Korea’s main airport plans to build a $3 billion casino resort to woo increasingly wealthy travellers from China and elsewhere in Asia, its [...]
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Kodak sues Apple, HTC over digital image patents

Kodak sues Apple, HTC over digital image patents

13-Jan-2012 Intellasia | Reuters | 7:01 AM

The struggling Eastman Kodak Co on Tuesday sued Apple Inc, whose market value is more than 2,400 times greater, accusing it of infringing four patents related to digital [...]
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Korean shipbuilders eye French group: official

Korean shipbuilders eye French group: official

12-Jan-2012 Intellasia | AFP | 7:01 AM

South Korean shipbuilders trying to stay ahead of arch-rival China are considering a joint bid for a French group that provides advanced technology for LNG sea transport, [...]
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