LG is leader in Mexico’s 3D TV market
February 9th, 2012 - 11:21 am ICT by IANS
Seoul, Feb 9 (IANS/EFE) South Korean consumer products giant LG Electronics was the leader last year in Mexico's high-end television market with its 3D models, followed closely by Japan's Sony, ... Read more...
Posted in Business |
South Korean money supply growth unchanged in December 2011
February 8th, 2012 - 2:37 pm ICT by IANS
Seoul, Feb 8 (IANS) South Korea's money supply growth stayed unchanged in December 2011 year due to a base effect, the central bank said Wednesday.The country's M2, so-called broad money, ... Read more...
Posted in Business |
`South Korean economic indicators weakening’
February 7th, 2012 - 3:03 pm ICT by IANS
Seoul, Feb 7 (IANS) The employment scenario in South Kore continues to improve, but other economic indicators have weakened amid persistent inflation, the finance ministry said Tuesday."Our economy saw employment ... Read more...
Posted in Business |
South Korea’s farming population dips below three million
February 3rd, 2012 - 1:13 am ICT by IANS
Seoul, Feb 2 (IANS) South Korea's farming population has dropped to less than three million, decades after the country moved towards rapid industrialization, a media report said Thursday.According to the ... Read more...
Posted in Business |
South Korea’s foreign reserves grow in three months
February 2nd, 2012 - 2:57 pm ICT by IANS
Seoul, Feb 2 (IANS) South Korea's foreign reserves grew for the first time in three months in January due to a rise in conversion value of non-dollar denominated assets and ... Read more...
Posted in Business |
South Korea posts first trade deficit in 24 months
February 1st, 2012 - 3:51 pm ICT by IANS
Seoul, Feb 1 (IANS) South Korea's trade balance went into the red for the first time in 24 months in January as exports reduced amid Europe's debt crisis and the ... Read more...
Posted in Uncategorized |
South Korean industrial output contracts for three months
January 31st, 2012 - 1:27 pm ICT by IANS
Seoul, Jan 31 (IANS) South Korea's industrial output contracted for three straight months in December last year amid lingering concerns over Eurozone debt crisis and global economic downturn, a government ... Read more...
Posted in Business |
South Korea’s current account surplus contracts
January 30th, 2012 - 3:19 pm ICT by IANS
Seoul, Jan 30 (IANS) South Korea's current account surplus contracted to a three-month low last month as the travel-related service deficit widened despite brisk exports of major export items, the ... Read more...
Posted in Uncategorized |
South Korea’s business sentiment remains weak in January
January 27th, 2012 - 2:54 pm ICT by IANS
Seoul, Jan 27 (IANS) South Korea's business sentiment remained weak in January as local companies were still worried about economic uncertainties amid fragile domestic demand, the central bank said Friday.The ... Read more...
Posted in Business |
South Korea’s central bank leaves key rate unchanged
January 13th, 2012 - 3:33 pm ICT by IANS
Seoul, Jan 13 (IANS) The Bank of Korea (BOK) left its benchmark interest rate unchanged at 3.25 percent Friday, keeping its rate freeze stance for a seventh straight month due ... Read more...
Posted in Business |
South Korea’s money supply growth unchanged in November 2011
January 12th, 2012 - 2:25 pm ICT by IANS
Seoul, Jan 12 (IANS) South Korea's money supply growth stayed unchanged in November last year, the central bank said Thursday.The country's M2, so-called broad money, expanded 4.4 percent in November ... Read more...
Posted in Business |
Saina loses to Jiang Yanjiao in Korea Open quarters
January 6th, 2012 - 6:36 pm ICT by IANS
New Delhi, Jan 6 (IANS) Saina Nehwal went down 17-21, 10-21 to China's Jiang Yanjiao in the women's singles quarterfinals of the Korea Open Superseries badminton event in Seoul Friday, ... Read more...
Posted in Sports |
Saina, Jwala-Diju reach quarters of Korea Open (Lead)
January 5th, 2012 - 10:09 pm ICT by IANS
New Delhi, Jan 5 (IANS) India's ace shuttler Saina Nehwal advanced Thursday to the women's singles quarterfinals of the Korea Open Superseries badminton in Seoul defeating Chinese Taipei's Shao Chieh ... Read more...
Posted in Sports |
Korea Open: Saina advances to quarters
January 5th, 2012 - 4:35 pm ICT by IANS
New Delhi, Jan 5 (IANS) India's ace shuttler Saina Nehwal advanced Thursday to the women's singles quarterfinals of the Korea Open Superseries badminton in Seoul defeating Chinese Taipei's Shao Chieh ... Read more...
Posted in Sports |
Varma, Pawar lose in Korea Open Superseries qualifier
January 3rd, 2012 - 10:31 pm ICT by IANS
New Delhi, Jan 3 (IANS) Indian shuttlers Sourabh Varma, Anand Pawar and P.V. Sindhu lost Tuesday in the qualification round of the Korean Open Superseries badminton in Seoul.Varma, who broke ... Read more...
Posted in Sports |
North Korean succession is stable: South Korea, US
December 30th, 2011 - 1:45 pm ICT by IANS
Seoul, Dec 30 (IANS) The defense chiefs of South Korea and the US said the power succession in North Korea following the death of its leader Kim Jong-il has been ... Read more...
Posted in Uncategorized |
South Korea’s consumer confidence falls
December 27th, 2011 - 2:37 pm ICT by IANS
Seoul, Dec 27 (IANS) South Korea's consumer confidence fell to a three-month low in December amid easing inflation expectations, the central bank said Tuesday.Consumer sentiment index (CSI), which gauges consumers' ... Read more...
Posted in Business |
South Korea to invest nearly $12 bn in oil in 2012
December 21st, 2011 - 2:48 pm ICT by IANS
Seoul, Dec 21 (IANS) South Korea plans to invest nearly $12 billion in oil and natural gas developments next year in a bid to secure stable energy supply, the economy ... Read more...
Posted in Business |
South Korean firms’ profitability weakens in Q3
December 20th, 2011 - 3:15 pm ICT by IANS
Seoul, Dec 20 (IANS) South Korean firms' profitability weakened in the third quarter due to an increase in production costs caused by a rise in global raw material prices, the ... Read more...
Posted in Business |
No change in Seoul’s fundamentals over Kim’s death: Moody’s
December 19th, 2011 - 1:01 pm ICT by IANS
Seoul, Dec 19 (IANS) South Korea's economic fundamentals would not change with the death of North Korea's top leader Kim Jong-il, a senior official at Moody's said Monday."We will continue ... Read more...
Posted in World |
South Korea’s unemployment rate falls a little
December 14th, 2011 - 1:58 pm ICT by IANS
Seoul, Dec 14 (IANS) South Korea's unemployment rate fell to 2.9 percent last month as the number of people employed grew sharply in the service industry, a government report ... Read more...
Posted in Business |
South Korea to build twin towers resembling WTC
December 14th, 2011 - 11:59 am ICT by IANS
Seoul, Dec 14 (IANS) A Dutch architectural company has designed two skyscrapers that would be built in South Korean capital that resemble the World Trade Centre exploding during the 9/11 ... Read more...
Posted in Health Science |
South Korea’s economy may slow down in 2012
December 12th, 2011 - 1:52 pm ICT by IANS
Seoul, Dec 12 (IANS) South Korea's economic growth was expected to slow down next year due to growing uncertainties such as Europe's debt crisis, the Korean finance ministry said Monday.The ... Read more...
Posted in Business |
Pakistan to open 30 new passport offices abroad
December 9th, 2011 - 12:41 pm ICT by IANS
Islamabad, Dec 9 (IANS) Pakistan will open 30 new passport offices in 21 countries to help overseas Pakistanis, Interior Minister Rehman Malik said.Malik said Thursday that three months time has ... Read more...
Posted in South Asia |
Prakash India’s next envoy to South Korea
December 7th, 2011 - 5:16 pm ICT by IANS
New Delhi, Dec 7 (IANS) Vishnu Prakash, the spokesperson of the external affairs ministry, has been named as India's next ambassador to South Korea.The external affairs ministry Wednesday announced Prakash's ... Read more...
Posted in Uncategorized |
South Korea’s money supply growth accelerates in October
December 7th, 2011 - 1:31 pm ICT by IANS
Seoul, Dec 7 (IANS) South Korea's money supply growth continued its upward trend in October due to a base effect, the central bank said Wednesday.The country's M2, so-called broad money, ... Read more...
Posted in Business |
South Korea’s economic growth revised up in Q3
December 6th, 2011 - 2:25 pm ICT by IANS
Seoul, Dec 6 (IANS) South Korea's economic growth was revised up to 0.8 percent in the third quarter due to brisk exports and rising government expenditures, the central bank said ... Read more...
Posted in Business |
S. Korea’s imported car sales grow in November
December 5th, 2011 - 4:59 pm ICT by IANS
Seoul, Dec 5 (IANS) Imported car sales in South Korea continued to grow last month due to strong demand for German brands, a trade association said Monday.Registration of imported vehicles ... Read more...
Posted in Business |
South Korea’s industrial output shrinks in October
November 30th, 2011 - 2:10 pm ICT by IANS
Seoul, Nov 30 (IANS) South Korea's industrial output contracted last month amid lingering uncertainties surrounding Europe's debt crisis and the possible global economic slowdown, a government report showed Wednesday.Output in ... Read more...
Posted in Business |
South Korea’s business sentiment weak in November
November 28th, 2011 - 1:07 pm ICT by IANS
Seoul, Nov 28 (IANS) South Korea's business sentiment remained weak this month as local firms were still worried about economic uncertainties amid fragile domestic demand, the central bank said Monday.The ... Read more...
Posted in Business |
South Korea’s consumer confidence rises
November 24th, 2011 - 2:24 pm ICT by IANS
Seoul, Nov 24 (IANS) South Korea's consumer confidence rose to six-month high in November amid easing inflation expectations, the central bank said Thursday.Consumer sentiment index (CSI), which gauges consumers' overall ... Read more...
Posted in Business |
South Korea’s foreign debts contract to $394 bn in Q3
November 22nd, 2011 - 1:15 pm ICT by IANS
Seoul, Nov 22 (IANS) South Korea's foreign debts contracted to $394.3 billion in the third quarter as a reduction in short-term external debts outnumbered an increase in long-term debts, the ... Read more...
Posted in Business |
South Korea’s industrial power sales go up
November 21st, 2011 - 3:35 pm ICT by IANS
Seoul, Nov 21 (IANS) South Korea's industrial electricity sales jumped 9.1 percent last month from a year earlier due to surging demand from energy-intensive sectors, a government report showed Monday.Sales ... Read more...
Posted in Business |
Champion swimmer Thorpe stays positive despite poor results
November 16th, 2011 - 2:57 pm ICT by IANS
Seoul, Nov 16 (IANS) Australia's five-time swimming Olympic champion Ian Thorpe says he is not disappointed about his recent performances and still aims for a medal in next year's London ... Read more...
Posted in Uncategorized |
South Korea’s jobless rate drops in October
November 9th, 2011 - 1:56 pm ICT by IANS
Seoul, Nov 9 (IANS) South Korea's jobless rate dropped to 2.9 percent in October as the number of people employed grew at the fastest pace in 17 months, a government ... Read more...
Posted in Business |
