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Latest South Korea Inflation News

  • Nations can thrive without democracy, but only for so long 25 Jul 2008 16:37 GMT
    ... model that may come undone rather suddenly. Inflation, the doom of many an autocrat, is already ... Gilley notes that the middle classes of South Korea, Taiwan and the Philippines were co-opted ...

  • Wages not rising anytime soon, says consultant 25 Jul 2008 13:52 GMT
    ... Hong Kong, India, Japan, Malaysia, Singapore and South Korea. In Malaysia, it involved over 800 ... direct impact on mobility. But given the inflation environment right now, I personally think there’s a ...

  • Seoul shares open up on weaker oil prices 25 Jul 2008 09:35 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks got off to a strong start Thursday as weakening oil prices eased investor concerns ...

  • Seoul shares surge on weaker oil prices 25 Jul 2008 09:34 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks surged late Thursday morning as investors picked ... around $20 since July 15. Dubai crude, South Korea's benchmark, also declined $5.43 to trade at ...

  • S.Korea won down on stocks, oil;intervention seen 25 Jul 2008 09:19 GMT
    ... S.Korea won down on stocks, oil;intervention seen SEOUL, July 25 (Reuters) - The South Korean won <KRW=&gt; dipped against the dollar on Friday after local shares fell on foreigners' sales ...

  • S Korean economy expands 0.8% in second quarter 25 Jul 2008 07:59 GMT
    ... The South Korean economy grew 0.8 percent in the ... estimation by the Bank of Korea (BOK), South Korea's real gross domestic product (GDP) gained 4.8 ... the time being." Choi added that rising inflation is aggravating consumer sentiment and corporate profitability. ...

  • Hana Financial Q2 net up 14 pct on lending, fees 25 Jul 2008 07:31 GMT
    ... SEOUL, July 25 (Reuters) - Hana Financial Group ... Hana Financial Group (086790.KS: ), which runs South Korea's No.4 bank, said on Friday its quarterly ... economy slows down. A softening economy and inflation near 10-year highs could crimp loan growth ...

  • SKorea's economy grows 4.8 percent: central bank 25 Jul 2008 06:35 GMT
    ... material prices also brought the country's consumer inflation to a 10-year high of 5.5 percent in ... which account for about 40 percent of South Korea's gross domestic product, grew 3.7 percent ...

  • Expats rank S'pore as world's best place to live 25 Jul 2008 06:34 GMT
    ... Expats rank S'pore as world's best place to live SINGAPORE ... for expatriates, on the back of higher inflation and a stronger Singapore dollar in the ... with its Asian neighbours such as Tokyo, Seoul and Hong Kong, and other global financial ...

  • FOREX - AUSTRALIAN DOLLAR SOFTER AT NOON - JULY 25, 2008 25 Jul 2008 05:51 GMT
    ... SYDNEY, Jul 25, 2008 (AsiaPulse via COMTEX) -- The Australian ... similar story on the bourses of Tokyo, Seoul, Taipei and Shanghai. "This means that the ... 0700 AEST. The latest set of Japanese inflation figures showed prices there accelerated at their ...

  • Asian markets tumble on U.S. economic worries 25 Jul 2008 05:47 GMT
    ... Asian markets tumble on U.S. economic worries (RTTNews) - ... upper 107-yen levels late Thursday, while the South Korean won opened lower at 1,008.4 won. ... communications services provided by other companies. Annual inflation in Japan increased 2.0% in June, according ...

  • UPDATE 2-S.Korea Q2 GDP beats forecasts, rate rise looms 25 Jul 2008 05:14 GMT
    ... Korean exports is rapidly deteriorating given the likely slowdown ... official sounded more confident about demand for South Korean products abroad. Choi Chun-sin, director of ... month from 4.7 percent previously, saying elevated inflation was biting into consumer spending and business ...

  • Financials lead Asian markets down 25 Jul 2008 05:11 GMT
    ... almost 2% at 22,635. The Kospi in Seoul fell 1.8% to 1597 while the Straits ... dropped 2.6%. In other news, Japan's core inflation rose at a decade-high rate of 1.9% ... 4.1% the most since June 19. The South Korea company said second-quarter profit rose 51% to 2.14 ...

  • Editorial comment: East Asia overheats 25 Jul 2008 05:10 GMT
    ... is suffering from a bad case of inflation. That was the diagnosis this week from the ... Inflation is now at record highs in South Korea and Malaysia. It has broken 25 ...

  • From Flat World To Free World 25 Jul 2008 05:01 GMT
    ... international trade. Argentina, already burdened by high inflation, recently imposed taxes on grain exports so painful ... negotiated in good faith with Colombia and South Korea, and the FTAA is in cold ...


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