south korea

No evidence North Korean leader dead: US official


February 11th, 2012 - 9:04 pm ICT by IANS
Washington, Feb 11 (IANS) The US intelligence has found no evidence to suggest that North Korean leader Kim Jong Un was dead, an official said following web posts in China ... Read more...

Posted in Politics |

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 |

Reliance Power’s Samalkot plant ready for commissioning


February 7th, 2012 - 8:08 pm ICT by IANS
Samalkot (Andhra Pradesh), Feb 7 (IANS) Reliance Power, promoted by Anil Ambani, Tuesday said its 2,400 MW gas-based Samalkot power plant in Andhra Pradesh would start generating electricity by the ... Read more...

Posted in Uncategorized |

Facebook sees India among key growth areas


February 3rd, 2012 - 12:38 pm ICT by IANS
Washington, Feb 3 (IANS) Popular social network site Facebook, which hopes to raise at least $5 billion in one of the world's most widely anticipated IPOs, or initial public ... Read more...

Posted in Sci-Tech |

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 |

India, China rise makes Asia important: US


January 31st, 2012 - 11:24 am ICT by IANS
Washington, Jan 31 (IANS) With the rise of China and India as world powers, Asia is becoming more important to America as Asian markets and suppliers drive the US economy, ... 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 corporate financing hits new high in 2011


January 25th, 2012 - 2:24 pm ICT by IANS
Seoul, Jan 25 (IANS) South Korean companies' direct financing through issuing stocks and bonds hit a new high last year due to a surge in corporate debt sales, a financial ... Read more...

Posted in Uncategorized |

EU-India trade up 20 percent


January 20th, 2012 - 12:02 am ICT by IANS
Brussels, Jan 19 (IANS) Exports from the European Union (EU) to India grew by 20 percent to 33.4 billion euros (about $43 billion) between January and October 2011, compared to ... Read more...

Posted in Business |

Inequality on rise in G20 nations: Report


January 19th, 2012 - 10:29 pm ICT by IANS
New Delhi, Jan 19 (IANS) Inequality has increased in 14 of 18 countries of G20, including India, with economic growth failing to trickle down to the poor, a new ... Read more...

Posted in Politics |

South Korea’s start-ups hit new high in December


January 19th, 2012 - 3:42 pm ICT by IANS
Seoul, Jan 19 (IANS) The number of newly established companies in South Korea hit a new high last month due to a surge in start-ups by baby boomers, the central ... Read more...

Posted in Business |

Asian Championship: Bindra wins gold beating close rival Zhu


January 13th, 2012 - 11:01 pm ICT by IANS
New Delhi, Jan 13 (IANS) Olympic champion Abhinav Bindra of India bagged his maiden Asian Shooting Championship gold beating his close rival China's Zhu Qinan by a margin of ... Read more...

Posted in Sports |

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 |

Former US soldier held for trying to join terror outfit


January 11th, 2012 - 3:46 pm ICT by IANS
Washington, Jan 11 (IANS) A former US Army soldier has been arrested and charged with attempting to travel to Somalia to join terrorist group Al Shabaab.Craig Benedict Baxam, 24, was ... Read more...

Posted in World |

Iran oil exports to South Korea up 48 percent


January 10th, 2012 - 7:48 am ICT by IANS
Moscow, Jan 10 (IANS/RIA Novosti) Iran's oil exports to South Korea rose by 48 percent in November 2011, making the Islamic Republic the second largest crude supplier to the South ... Read more...

Posted in Business |

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 |

Saina eases into second round of Korea Open Superseries


January 4th, 2012 - 9:41 pm ICT by IANS
New Delhi, Jan 4 (IANS) India's badminton star Saina Nehwal Wednesday eased past Scot Susan Egelstaff in the first round of the women's singles at the Korea Open Superseries badminton ... Read more...

Posted in Sports |

China seeks ‘better external environment’


January 4th, 2012 - 6:02 pm ICT by IANS
Beijing, Jan 4 (IANS) China should engage in efforts to build a "better external environment", Foreign Minister Yang Jeichi has said, while predicting more instability in the world in the ... Read more...

Posted in World |

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 |

Kim Jong-un declared North Korea’s supreme military commander


December 31st, 2011 - 1:45 pm ICT by IANS
Moscow, Dec 31 (IANS/RIA Novosti) Kim Jong-un, the son of late North Korean leader Kim Jong-il, has been officially declared the supreme commander of the armed forces, South Korea's Yonhap ... Read more...

Posted in Uncategorized |

Bailey eyes podium finish in London


December 30th, 2011 - 2:09 pm ICT by IANS
St. John's (Antigua) Dec 30 (IANS/CMC) Sprinter Daniel Bailey has said that he wanted to at least go a step further and collect a medal at the 2012 Olympic Games.The sprint ... Read more...

Posted in Uncategorized |

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 Korean watchdog to focus on market stability in 2012


December 30th, 2011 - 1:45 pm ICT by IANS
Seoul, Dec 30 (IANS) South Korea's financial watchdog said Friday that it will place its top priority for 2012 policy on financial market stability in a bid to preemptively respond ... Read more...

Posted in Business |

Don’t expect us to change, North Korea tells world


December 30th, 2011 - 1:36 pm ICT by IANS
Moscow, Dec 30 (IANS/RIA Novosti) North Korea has said the international community should not "expect any change" in its policies after the death of leader Kim Jong-il."We declare solemnly and ... Read more...

Posted in Uncategorized |

South Korea’s business sentiment remains weak in December


December 28th, 2011 - 1:52 pm ICT by IANS
Seoul, Dec 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 Wednesday.The ... Read more...

Posted in Business |

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’s former first lady in Pyongyang for condolences


December 26th, 2011 - 9:11 pm ICT by IANS
Beijing, Dec 26 (IANS) South Korea's former first lady and the Hyundai Group's chairwoman crossed into North Korea Monday to pay condolences over the death of Kim Jong-il.Lee Hee-ho, the ... Read more...

Posted in World |

Myanmar allows banks to handle remittances from abroad


December 24th, 2011 - 9:57 pm ICT by IANS
Yangon, Dec 24 (IANS) The Myanmar government Saturday allowed its banks to handle remittances from Myanmarese living in Singapore, Thailand and Malaysia, the official media reported.The banks, including Cooperatives Bank, ... Read more...

Posted in Business |

Bundesliga club Berlin sign new coach Michael Skibbe


December 23rd, 2011 - 4:39 pm ICT by IANS
Berlin, Dec 23 (IANS) Hertha Berlin signed coach Michael Skibbe after the dismissal of former coach Markus Babbel, the club announced.Michael Skibbe signed a two-and-a-half year contract at the "Hauptstadtclub" ... Read more...

Posted in Sports |

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