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Monday, June 24, 2013
North Korea on Sunday blamed the United States for escalating tensions on the Korean peninsula and called for “real actions” if Washington wants peace.
Friday, June 14, 2013
South Korea's central bank left its key interest rate unchanged as expected at 2.5 percent Thursday after a surprise rate cut last month.
Thursday, June 13, 2013
South Korea's unemployment rate inched up in May, with fewer jobs being created in the manufacturing sector, government data showed Wednesday.
Tuesday, June 11, 2013
Tokyo's Nikkei closes up 4.94 percent on weaker yen
Tokyo stocks surged 4.94 percent Monday on the back of a weaker yen and better-than-expected U.S. jobs data.
Saturday, June 8, 2013
The South Korean economy grew at its fastest pace for a year in the first quarter of this year, but marginally slower than originally estimated, the central Bank of Korea said Friday.
Thursday, May 30, 2013
South Korea's industrial output rose in April for the first time in four months, fanning hopes of a recovery in an economy that posted its slowest growth for three years in 2012.
Wednesday, May 29, 2013
North Korean leader Kim Jong Un has inspected work on a “world class” ski resort being built as rival South Korea prepares to host the 2018 Winter Olympic Games, state media reported.
Friday, May 10, 2013
South Korean central bank adjusts rate to 2.5% with first cut for seven months
South Korea's central bank on Thursday cut its benchmark interest rate for the first time in seven months, joining government efforts to boost the export-reliant economy as manufacturers such as Hyundai Motor Co. face tougher competition from Japanese rivals boosted by the weakening yen.
Wednesday, May 8, 2013
As South Korea's low interest rate has contracted their profits, Korean banks are targeting rich people in Southeast Asia and China as new income sources.
Wednesday, May 1, 2013
South Korea's industrial output fell for a third straight month in March as carmakers struggled in the face of a weaker yen, which benefits their Japanese rivals, official data showed Tuesday.
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