Monday, July 14th, 2008
South Korea's central bank reemphasized Monday that fighting for inflation will continue to be its main concern in the second-half of this year to put out fueling speculation of a rate increase soon.
"Of slow growth, rising consumer ...
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Monday, July 14th, 2008
The South Korean stock market faced the greatest exodus of foreign capital in Asia in the first half of 2008 as foreign investors' worries over a global credit crunch and cost-push inflation deepens, the Korea Exchange (KRX) said Monday.
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Monday, July 14th, 2008
South Korea plans to ease rules on borrowing by local branches of foreign banks from their oversea parent companies from this year to attract more foreign currency and boost the won, the Ministry of Strategy and Finance said Monday.
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Monday, July 14th, 2008
South Korea will recall its ambassador to Japan after Japan intensified its claim to the ownership of a group of islands controlled by Seoul, the South Korean Foreign Ministry said Monday.
South Korean Ambassador to Japan Kwon Chul- ...
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Friday, July 11th, 2008
South Korea's spending on import of oil, coal, natural gas and other energy products in the first half of this year reach 70.2 billion U.S. dollars in the first half as international crude prices surge, the South Korea Customs Service said ...
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Friday, July 11th, 2008
Samsung Heavy Industries Co. of South Korea, the world's second-largest shipyard, said Friday it has completed building the world's largest liquefied natural gas (LNG) tanker.
Mozah, the name of the 266,000-cubic-meter tanker, will ...
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Friday, July 11th, 2008
South Korea announced on Friday to suspend tour to Mount Geumgang in the Democratic People's Republic of Korea (DPRK) after a female South Korean was shot dead in the DPRK.
"We will shelve the program starting tomorrow until a probe ...
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Wednesday, July 9th, 2008
South Korea will enforce extra energy-saving measures earlier than planned if international crude oil prices surpass 150 U.S. dollars per barrel, Yonhap news agency quoted the Ministry of Strategy and Finance as saying.
According to ...
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