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Tuesday, March 26, 2013
S. Korea to start US$1.35 billion fund to provide debt relief for households
South Korea's government said on Monday it will launch a US$1.35 billion fund this week to provide debt relief for more than half a million people unable to repay loans.
Thursday, March 21, 2013
North Korea's nuclear test last month wasn't just a show of defiance and national pride; it also is advertising. The target audience, analysts say, is anyone in the world looking to buy nuclear material.
Friday, March 15, 2013
A US$28 billion real estate project in Seoul was facing collapse on Thursday after developers acknowledged defaulting on a major loan repayment.
South Korea's central bank kept its benchmark interest rate unchanged for a fifth straight month Thursday, despite concerns over whether growth in Asia's fourth-largest economy is back on track.
Thursday, March 14, 2013
South Korea's newly named finance minister said Wednesday the recovery in Asia's fourth-largest economy is weak and might need additional government stimulus.
Saturday, March 2, 2013
South Korea's exports and imports fell in February from a year earlier but the trade balance showed a surplus for the 13th straight month, government data showed Friday.
Thursday, February 28, 2013
South Korea has big plans to become a major nuclear energy player, but they are unfolding at a time when the global industry is under intense scrutiny after the 2011 Fukushima disaster.
The number of tourists traveling overseas hit a January record, thanks to a strong won, travel portal Tourgo said Tuesday.
Tuesday, February 26, 2013
An association of South Korea shop owners Monday urged millions of its members to boycott Japanese goods in protest at Japan's continued claim to a tiny set of islets at the heart of a decades-old dispute.
Friday, February 22, 2013
South Korea's incoming president Park Geun-hye has signalled her administration's willingness to step in to stabilise the won and protect exporters battling a stronger Korean currency and a weaker yen.
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