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Amid persistent market worries about a so-called “September crisis,” a massive outflow of foreign capital from South Korea is underway and...
[Sep.1,2008 13:09 KST] |
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Korea’s net foreign credit, which at one point had surpassed US$100 billion, fell to $2.7 billion as of late June. Considering how foreign...
[Aug.29,2008 13:13 KST] |
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The South Korean currency is close to trading at 1,090 won against the U.S. dollar. As the won-dollar exchange rate has surged in a...
[Aug.27,2008 12:50 KST] |
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The ruling Grand National Party and family-run business conglomerates, or chaebol, have been at odds over who should be responsible for...
[Aug.23,2008 12:33 KST] |
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The government is taking steps to revitalize the economy by propping up the property market. The government and the ruling party plan to...
[Aug.21,2008 13:29 KST] |
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President Lee Myung-bak continues to retreat from his election pledge for seven percent economic growth. In an interview with global Internet...
[Aug.20,2008 14:05 KST] |
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Most family-run business conglomerates, or chaebol, have been frowning upon a plan announced by the Federation of Korean Industries in July to...
[Aug.19,2008 13:58 KST] |
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As more young people with higher educational backgrounds are either not looking for, or not available for, jobs, the number of economically...
[Aug.15,2008 13:19 KST] |
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Global Internet firm Google has fallen into the trap of Korea’s “real name system.”
Google’s YouTube (youtube.com), the world’s...
[Aug.13,2008 13:29 KST] |
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The government unveiled on August 11 phase one of a three-part plan to sell or merge 41 state-run companies. According to the plan, the...
[Aug.12,2008 13:31 KST] |
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