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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.
Tuesday, April 30, 2013
South Korea posted its biggest current account surplus in four months in March, bolstered by robust exports of mobile devices and other high-tech products, the central bank said Monday.
Friday, April 26, 2013
South Korea's economy grew at its fastest pace in two years in the first quarter of this year as exports bounced back despite competition from a weak yen, the Bank of Korea said Thursday.
Saturday, April 20, 2013
S. Koreans hope to return to Kaesong factories
The South Korean entrepreneurs who invested up to 10 years and millions of dollars in the Kaesong industrial complex, a symbol of economic collaboration between the Koreas that is now shuttered by the North, have little more than hope to cling to as assembly lines sit idle day after day.
Wednesday, April 17, 2013
The South Korean government proposed a US$15.3 billion stimulus Tuesday to boost slowing growth in Asia's fourth-largest economy.
Friday, April 12, 2013
South Korea's central bank slightly lowered its growth forecast for Asia's fourth-largest economy on Thursday but left its key interest rate unchanged.
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