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<title>EIN News: South Korea Insurance News</title>
<link>http://www.einnews.com/southkorea/newsfeed-south-korea-insurance</link><description>Constantly updated news and information about world affairs.</description><item>
<title>Dow drops below 9,000 as market unravels</title>
<link>http://www.einnews.com/news.php?wid=192497215</link>
<pubDate>10 Oct 2008 16:50 GMT</pubDate>
<description>
...  problems we are facing.&quot; The Federal Deposit Insurance Corp. insures accounts in U.S. banks up  ...  Seng index lost more than 8 percent, South Korea&apos;s Kospi fell 7.4 percent, Shanghai&apos;s benchmark gave  ...
</description>
</item><item>
<title>Snowballing sell-off drives Dow briefly below 8000</title>
<link>http://www.einnews.com/news.php?wid=192491551</link>
<pubDate>10 Oct 2008 16:26 GMT</pubDate>
<description>
...  the Federal Reserve and the Federal Deposit Insurance Corpoiration all have the necessary tools to  ...  Seng index lost more than 8 percent, South Korea&apos;s Kospi fell 7.4 percent, Shanghai&apos;s benchmark gave  ...
</description>
</item><item>
<title>Ong Beng Seng: the man who brought F1 to Singapore</title>
<link>http://www.einnews.com/news.php?wid=192486815</link>
<pubDate>10 Oct 2008 15:53 GMT</pubDate>
<description>
...  that Ong, who started out as an insurance underwriter and spent time in London in  ...  its F1 debut next year, followed by South Korea and India in 2011. The race to  ...
</description>
</item><item>
<title>World markets plunge on open</title>
<link>http://www.einnews.com/news.php?wid=192481783</link>
<pubDate>10 Oct 2008 15:35 GMT</pubDate>
<description>
...  Wall Street. Markets in Hong Kong, Australia, South Korea, Thailand and the Philippines were all down  ...  of problem. In Japan, insolvencies in the insurance and real estate sectors accelerated the pessimism.  ...
</description>
</item><item>
<title>World stocks slump on Dow open</title>
<link>http://www.einnews.com/news.php?wid=192477879</link>
<pubDate>10 Oct 2008 15:30 GMT</pubDate>
<description>
...  14,821.93 at the midday close. Photo: A South Korean bank clerk works next to bandles of  ...  of Korea Exchange Bank at downtown of Seoul, South Korea, Friday, Oct. 10, 2008. The South Korean  ...
</description>
</item><item>
<title>Sub-prime tsunami finally swamps Asia</title>
<link>http://www.einnews.com/news.php?wid=192475858</link>
<pubDate>10 Oct 2008 14:51 GMT</pubDate>
<description>
...  per cent, Singapore 16 per cent and Seoul 12.5 per cent. But for the first  ...  and one indication was severe currency fluctuation. South Korea, the region&apos;s fourth-largest economy, staggered under the  ...  result of sub-prime related exposure. Yamato Life Insurance, unable to service liabilities of Y269.5billion, filed  ...
</description>
</item><item>
<title>Asian markets plunge</title>
<link>http://www.einnews.com/news.php?wid=192473354</link>
<pubDate>10 Oct 2008 14:50 GMT</pubDate>
<description>
...  Wall Street. Markets in Hong Kong, Australia, South Korea, Thailand and the Philippines were all down  ...  of problem. In Japan, insolvencies in the insurance and real estate sectors accelerated the pessimism.  ...
</description>
</item><item>
<title>Busch: Failure Not An Option As World Awaits G7</title>
<link>http://www.einnews.com/news.php?wid=192473187</link>
<pubDate>10 Oct 2008 14:36 GMT</pubDate>
<description>
...  credit remains locked, overnight Japan&apos;s Yamato Life Insurance failed with debt of about 270 billion  ...  two other countries quickly come to mind: South Korea and Indonesia. South Korea&apos;s Finance Minister Kang  ...
</description>
</item><item>
<title>25 a.m.</title>
<link>http://www.einnews.com/news.php?wid=192472693</link>
<pubDate>10 Oct 2008 14:36 GMT</pubDate>
<description>
...  the Federal Reserve and the Federal Deposit Insurance Corpoiration all have the necessary tools to  ...  Seng index lost more than 8 percent, South Korea&apos;s Kospi fell 7.4 percent, Shanghai&apos;s benchmark gave  ...
</description>
</item><item>
<title>Snowballing sell-off spreads worldwide</title>
<link>http://www.einnews.com/news.php?wid=192471533</link>
<pubDate>10 Oct 2008 14:34 GMT</pubDate>
<description>
...  movement at the Korea Stock Exchange in Seoul, South Korea, Friday, Oct. 10, 2008. Story Published: Oct  ...  3 cleared the way for the government insurance limit for bank deposits to be temporarily  ...
</description>
</item><item>
<title>World markets plunge</title>
<link>http://www.einnews.com/news.php?wid=192469590</link>
<pubDate>10 Oct 2008 14:32 GMT</pubDate>
<description>
...  Wall Street. Markets in Hong Kong, Australia, South Korea, Thailand and the Philippines were all down  ...  of problem. In Japan, insolvencies in the insurance and real estate sectors accelerated the pessimism.  ...
</description>
</item><item>
<title>Markets gloom deepens as US opens</title>
<link>http://www.einnews.com/news.php?wid=192468858</link>
<pubDate>10 Oct 2008 14:29 GMT</pubDate>
<description>
...  institution with the bankruptcy of Yamato Life Insurance, driving the Nikkei stock index down 9.6%  ...  Sydney plunged 8.3%, Singapore lost 7.34% and Seoul slid 4.1%. Singapore eased monetary policy for  ...
</description>
</item><item>
<title>Asian markets follow U.S. in tailspin</title>
<link>http://www.einnews.com/news.php?wid=192467853</link>
<pubDate>10 Oct 2008 14:28 GMT</pubDate>
<description>
...  requires that JavaScript be enabled and the South Korean stocks ended 4.1% lower, after falling by  ...  roiled by bankruptcy filings by Yamamoto Life Insurance and a domestic real estate investment trust.  ...
</description>
</item><item>
<title>Global recession fears pull down Asian stock markets - Asian commentary</title>
<link>http://www.einnews.com/news.php?wid=192467657</link>
<pubDate>10 Oct 2008 14:28 GMT</pubDate>
<description>
...  and India closed down more than 7%. South Korea&apos;s KOSPI Index closed down 4.1 percent, while  ...  lower against the Japanese yen and the South Korean won, while it closed higher against the  ...  bankruptcies in the Japanese real estate and insurance sectors and the U.S. dollar&apos;s plunge against  ...
</description>
</item><item>
<title>Fear and Despair as Asia Markets Plunge Again</title>
<link>http://www.einnews.com/news.php?wid=192463683</link>
<pubDate>10 Oct 2008 13:51 GMT</pubDate>
<description>
...  history. Investors fled after the credit squeeze claimed its first Japanese victim: Yamato Life Insurance Co., which filed for bankruptcy Friday after suffering huge losses in its securities holdings.  ...
</description>
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