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Latest South Korea Economy News

  • Kimberly-Clark Reports 10 Percent Drop In 2Q 24 Jul 2008 17:29 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... with especially strong growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. The company ...

  • Inflation brakes Asian construction 24 Jul 2008 17:13 GMT
    ... governments that took office this year in South Korea, Taiwan and Thailand after campaigning on promises ... electricity. Lee Myung-bak successfully campaigned for the South Korean presidency promising to propel growth to ... including a $15bn cross-country canal. With the economy now declining, the canal has been shelved ...

  • South Korea's economy likely maintained growth pace on exports 24 Jul 2008 16:49 GMT
    ... South Korea's economy likely maintained growth pace on exports ... report is due at 8 a.m. in Seoul tomorrow. Shipments to emerging markets will help ... also waning, suggesting the slowdown may deepen. South Korean households, burdened with record debt, were the most ...

  • TSX loses early momentum as commodity stocks sell off; NY also lower 24 Jul 2008 16:48 GMT
    ... amid mixed corporate results, signs of rising unemployment and another dismal housing report. Toronto's S&P/TSX ... as companies trimmed workforces amid a slowing economy. The Nasdaq composite index slipped 23.91 points ... cent higher at 2,910.29, and markets in South Korea, Australia, Taiwan and the Philippines also ...

  • CORR STOCKS - SEOUL SHARES END SHARPLY HIGHER - JULY 24, 2008 24 Jul 2008 16:48 GMT
    ... (AsiaPulse via COMTEX) -- (Corrects first paragraph) SEOUL, July 24 Asia Pulse - South Korean stocks jumped 2.16 per cent Thursday as investor ... the lowest in six weeks. Dubai crude, South Korea's benchmark, also declined $5.43 to trade at ...

  • ASIAN MARKETS - SHARES END BROADLY HIGHER - JULY 24, 2008 24 Jul 2008 16:48 GMT
    ... Jul 24, 2008 (AsiaPulse via COMTEX) -- $stx A round-up ... gains were recorded in Tokyo, Shanghai and Seoul, but Hong Kong, Singapore and Bangkok bucked ... increased 58.25 points to finish at 7,368.08. South Korean stocks jumped 2.16 per cent Thursday as investor ...

  • Earnings take TSX higher; N.Y. down on housing data, Ford skid 24 Jul 2008 16:47 GMT
    ... amid mixed corporate results, signs of rising unemployment and another dismal housing report. Toronto's S&P/TSX ... as companies trimmed workforces amid a slowing economy. And the National Association of Realtors said ... cent higher at 2,910.29, and markets in South Korea, Australia, Taiwan and the Philippines also ...

  • FKI, ministry to step up IT integration 24 Jul 2008 16:16 GMT
    ... FKI, ministry to step up IT integration Korea aims ... of the IT Innovation Forum in downtown Seoul, policy makers from the Ministry of Knowledge Economy, the Federation of Korean Industries and academia ...

  • Stocks May Pause In Reaction to Mixed News; Housing Report in Focus - RTTNews Daily Market Analysis 24 Jul 2008 16:12 GMT
    ... Plosser is of the view that weak economy could bring down inflationary pressures only if ... prices weighed on the resources sector. Japan, South Korea and China gained more than 2%, but ... material for use in auto bodies. The South Korean market also showed a strong upward ...

  • Stocks Showing Considerable Weakness On Economic Data - U.S. Commentary 24 Jul 2008 16:12 GMT
    ... due to the effects of a softening economy. Shares of the business outsourcing services provider ... seven-week low below $125 a barrel, easing inflation fears. Japan, South Korea and China gained more than 2%, ...

  • Hard times hit Korea¡¯s middle class 24 Jul 2008 15:40 GMT
    ... ¡®When the middle class is shaken, political anxiety goes up ... apartment in Gangnam, the trendiest neighborhood in Seoul, dropped 4.2 percent. A study by Yoo ... Soon-woo, a senior researcher on the macro economy at Samsung Economic Research Institute, said. Oh ...

  • Kimberly-Clark Announces Full Details of Second Quarter 2008 Results 24 Jul 2008 15:37 GMT
    ... sufficient to overcome an increased level of inflation, as input costs climbed about $180 million, ... throughout most of Latin America and in South Korea, China, Russia, Turkey and Vietnam. Sales of ...

  • Canada getting pricey for foreign firms 24 Jul 2008 15:34 GMT
    ... OTTAWA -- The strong dollar has made Canadian cities relatively ... to fourth place and is followed by Seoul in fifth. At the other end of ... living ranking, as India posted a real GDP growth rate of 9.2% in 2007. ...

  • BRIEFING - ASIA BANKING - JULY 24, 2008 24 Jul 2008 15:30 GMT
    ... STAKE IN CHINESE BANK FOR US$327 MLN SEOUL - Hana Bank, the banking unit of South Korea's fourth-largest financial services company Hana Financial Group ... an excess subscription rate of 1.09 times. SOUTH KOREAN WATCHDOG MULLS STARTING REVIEW OF KEB SALE TO ...

  • World's most economically powerful cities 24 Jul 2008 15:29 GMT
    ... to weigh the size of a city's economy compared to how it will be in ... so smaller but briskly growing economies like Seoul, South Korea, and Hong Kong also make the list. North ...

  • Amazon shares leap on strong quarterly report 24 Jul 2008 15:29 GMT
    ... to be bothered by the sputtering U.S. economy. TOKYO (AP) — Japanese and Mongolian scientists ... mud-covered walls, gypsum crystals and mineral deposits. SEOUL, South Korea (AP) — Hynix Semiconductor Inc., the world's second-largest ...

  • Stock market outlook mixed amid torrent of earnings reports, shaky U.S. data 24 Jul 2008 14:56 GMT
    ... $147. In economic data, U.S. claims for unemployment benefits bolted up 34,000 to 406,000 last ... as companies trimmed workforces in a slowing economy. Wall Street was awaiting a reading on ... cent higher at 2,910.29, and markets in South Korea, Australia, Taiwan and the Philippines also ...

  • South Korean economy faces mounting problems 24 Jul 2008 14:56 GMT
    ... are signs of growing economic trouble in South Korea. The country, which is currently the ... which is currently the worlds 13th largest economy, is particularly vulnerable to the global economic ... downturn, asset deflation, rising interest rates and inflation. South Korea was in the midst of ...

  • Kimberly-Clark 2Q results hurt by rising gas prices 7:25 AM CT 24 Jul 2008 14:18 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... with especially strong growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. Falk said ...

  • 2ND LD: Asia-Pacific nations agree to boost maritime security, disaster relief+ 24 Jul 2008 13:57 GMT
    ... concern over the fatal shooting of a South Korean tourist at the Mt. Kumgang resort area earlier ... would be resolved expeditiously between Pyongyang and Seoul, the statement said. Separate from the chairman's ... Australia, Canada, China, India, Japan, North Korea, South Korea, Russia and the United States. Among them, ...

  • Kimberly-Clark 2nd-qtr profit falls 10 percent on high gas, distribution costs 24 Jul 2008 13:33 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... with especially strong growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. Falk said ...

  • BRIEFING - ASIA ECONOMIC NEWS - JULY 24, 2008 24 Jul 2008 13:33 GMT
    ... developing current markets while seeking new ones. SEOUL - North Korea played down the G-8 ... lowering business income, inheritance and gift taxes. SOUTH KOREAN INDUSTRIES TO INTEGRATE TO BOOST COMPETITIVENES SEOUL - South Korea aims to bolster its national competitiveness through ...

  • AP Top Technology News At 7:16 a.m. EDT 24 Jul 2008 13:31 GMT
    ... Amazon shrugs off high gas prices, weak economy Sony opens up e-book Reader to other booksellers ... who led Yahoo buyout team to leave South Korea's Hynix to close US chip plant ...

  • Most Asia markets extend gains as oil prices and Wall Street help investor optimism 24 Jul 2008 13:29 GMT
    ... Street buoyed investor optimism about the world economy. Japan's benchmark Nikkei 225 index rose 2.2 ... 2.6 percent higher, at 2,910.29. Markets in South Korea, Australia, Taiwan and the Philippines also ... optimism that lower oil prices might ease inflation pressure and improve the economy's outlook in ...

  • World's Most Expensive Cities 24 Jul 2008 13:28 GMT
    ... followed by Tokyo; London; Oslo, Norway; and Seoul, South Korea. New York fell from No. 15 to No. ... double-decker buses costs $5.89. And while Japan's economy is stagnating, Tokyo is as expensive as ...


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