PM returns after Seoul visit
March 28th, 2012 - 12:26 am ICT by IANS
New Delhi, March 27 (IANS) Prime Minister Manmohan Singh returned home Tuesday night after a four-day state visit to South Korea during which he also attended the Nuclear Security ... Read more...
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Manmohan’s Obama hug, Gilani handshake at Seoul dinner (Lead)
March 26th, 2012 - 10:21 pm ICT by IANS
Seoul, March 26 (IANS) Indian Prime Minister Manmohan Singh got a big hug from US President Barack Obama, who greeted him with 'Nice to meet you prime minister', at ... Read more...
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Italy accepts Indian court’s jurisdiction in fishermen’s killing
March 26th, 2012 - 9:27 pm ICT by IANS
Seoul, March 26 (IANS) Italy has accepted the jurisdiction of Indian courts in the case of two Italian marines shooting dead two Indian fishermen off the Kerala coast, Indian ... Read more...
Posted in World |
Obama greets Manmohan with hug at Seoul meet
March 26th, 2012 - 6:22 pm ICT by IANS
Seoul, March 26 (IANS) US President Barack Obama gave Indian Prime Minister Manmohan Singh a big hug and greeted him with 'Nice to meet you prime minister', during a ... Read more...
Posted in World |
South Korea, Turkey agree on free trade deal
March 26th, 2012 - 1:22 pm ICT by IANS
Seoul, March 26 (IANS) South Korea and Turkey signed a preliminary agreement on a free trade deal that will eliminate all tariffs imposed on goods traded between the two nations, ... Read more...
Posted in Business |
Chinese, South Korean presidents meet on ties
March 26th, 2012 - 8:57 am ICT by IANS
Seoul, March 26 (IANS) Chinese President Hu Jintao met South Korean President Lee Myung-bak here Monday to discuss bilateral ties and issues of common concern.The two leaders met on the ... Read more...
Posted in World |
Russia says Annan’s mission offers last chance to Syria
March 25th, 2012 - 11:59 pm ICT by IANS
Moscow, March 25 (IANS) Russian President Dmitry Medvedev Sunday told UN-Arab League envoy Kofi Annan that his mission may be the last chance for Syria to avoid a civil war.... Read more...
Posted in World |
Korean brands are household names in India: PM
March 25th, 2012 - 2:28 pm ICT by IANS
Seoul, March 25 (IANS) With some 300 South Korean companies having a presence in India and many of them a household name, Indian Prime Minister Manmohan Singh said Sunday ... Read more...
Posted in Business |
India South Korea expand defence ties, ease visa norms
March 25th, 2012 - 11:02 am ICT by IANS
Seoul, March 25 (IANS) India and South Korea will expand defence ties even as they signed an agreement Sunday to ease visa norms to promote greater business and people-to-people ... Read more...
Posted in World |
‘India has very tight system to protect n-assets’
March 24th, 2012 - 9:25 pm ICT by IANS
New Delhi, March 24 (IANS) India has a "very tight sytem" in place to protect its nuclear assets and there is no need to augment this with a specialised force, ... Read more...
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PM departs for Seoul n-security summit (Lead)
March 24th, 2012 - 11:04 am ICT by IANS
New Delhi, March 24 (IANS) Prime Minister Manmohan Singh left here Saturday for the March 26-27 Nuclear Security Summit in Seoul, prior to which he will be on a ... Read more...
Posted in Business |
More needs to be done for global n-security: IAEA
March 22nd, 2012 - 7:53 pm ICT by IANS
Vienna, March 22 (IANS) The International Atomic Energy Agency (IAEA) said Wednesday that more needs to be done to improve the safety of nuclear and radioactive materials worldwide, citing security ... Read more...
Posted in World |
South Korea’s corporate bankruptcies fall
March 19th, 2012 - 2:33 pm ICT by IANS
Seoul, March 19 (IANS) South Korea's corporate bankruptcies fell to an all-time low last month, the central bank said Monday.The number of companies that went belly-up stood at 94 in ... Read more...
Posted in Business |
South Korea’s jobless rate falls
March 14th, 2012 - 1:52 pm ICT by IANS
Seoul, March 14 (IANS) South Korea's jobless rate fell to 4.2 percent last month from a year earlier as job creation kept its solid growth trend in the service industry, ... Read more...
Posted in Business |
South Korea faces consumer price instability
March 6th, 2012 - 1:55 pm ICT by IANS
Seoul, March 6 (IANS) South Korean economy is facing consumer price instability amid higher oil prices, the finance ministry said Tuesday."Our economy saw employment maintain its recovery trend, and major ... Read more...
Posted in Business |
South Korea’s foreign reserves expand
March 5th, 2012 - 2:08 pm ICT by IANS
Seoul, March 5 (IANS) South Korea's foreign reserves expanded to a record high of $315.8 billion last month due to a rise in conversion value of non-dollar denominated assets and ... Read more...
Posted in Business |
Pyongyang protests US-South Korea military drill
March 4th, 2012 - 6:17 pm ICT by IANS
Pyongyang, March 4 (IANS) Pyongyang Sunday protested against the ongoing joint US-South Korean military exercise in South Korea.South Korea and the US launched a two-month joint military exercise, code-named Foal ... Read more...
Posted in World |
South Korea’s auto sales rebound
March 2nd, 2012 - 4:38 pm ICT by IANS
Seoul, March 2 (IANS) South Korea's automobile sales rebounded last month as domestic sales were enhanced amid rising working days, carmakers said Friday.Global car sales by the nation's five automakers, ... Read more...
Posted in Business |
South Korea’s investment in foreign securities plunges
February 28th, 2012 - 2:22 pm ICT by IANS
Seoul, Feb 28 (IANS) Foreign securities invested by South Korea's financial institutions plunged last year, the central bank said Tuesday.Foreign currency-denominated securities held by domestic financial institutions stood at $58.2 ... Read more...
Posted in Business |
South Korea, US launch joint military exercise
February 27th, 2012 - 1:31 pm ICT by IANS
Seoul, Feb 27 (IANS) South Korean and US forces launched their annual military exercise Monday despite a warning by North Korea that it is "ready to fight a war".Exercise "Key ... Read more...
Posted in World |
South Korea’s consumer confidence rebounds
February 24th, 2012 - 1:44 pm ICT by IANS
Seoul, Feb 24 (IANS) South Korea's consumer confidence rebounded in February as positive economic indicators in the US boosted hopes for the global economic recovery, the central bank said Friday.Consumer ... Read more...
Posted in Business |
South Korea’s e-commerce sales hit all-time high
February 23rd, 2012 - 1:56 pm ICT by IANS
Seoul, Feb 23 (IANS) South Korea's e-commerce sales hit an all-time high last year due to a surge in cyber transactions between businesses, a government report showed Thursday.Online commerce transactions ... Read more...
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Samsung’s Galaxy S2 sales top 20 mn units
February 23rd, 2012 - 1:53 pm ICT by IANS
Seoul, Feb 23 (IANS) Samsung Electronics Thursday said the global sales of Galaxy S2, the tech firm's flagship smartphone, topped 20 million units 10 months after its debut.According to an ... Read more...
Posted in Sci-Tech |
South Korea’s short-term foreign debts hit four-year low
February 21st, 2012 - 3:53 pm ICT by IANS
Seoul, Feb 21 (IANS) South Korea's short-term foreign debts hit a nearly four-year low last year as local lenders paid back external debts with long-term funds borrowed from overseas, the ... Read more...
Posted in Business |
North Korea warns Seoul over military drill
February 19th, 2012 - 6:40 pm ICT by IANS
Pyongyang, Feb 19 (IANS) North Korea has warned Seoul on its naval drill beginning Monday, terming it a premeditated military provocation", Xinhua reported.The South Korean military will stage a naval ... Read more...
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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...
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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...
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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 |