Showing posts with label South Korea's economy. Show all posts
Showing posts with label South Korea's economy. Show all posts

Wednesday, August 13, 2014

Bank of Korea rate cut expected under government pressure

(Reuters) - The Bank of Korea is forecast to cut interest rates this week, a Reuters survey shows, a sharp turnaround in market expectations over the past month that raises questions about the central bank's independence.

Friday, April 25, 2014

South Korea economic growth beats forecasts

South Korea's economy grew more than forecast in the first quarter, helped by a jump in construction and exports. Asia's fourth-largest economy expanded by 3.9% in the January-to-March quarter from a year earlier.

Thursday, April 18, 2013

SKorea plans $15 bln extra budget to boost economy

SEOUL, South Korea (AP) — South Korea's government announced a $15.3 billion stimulus plan Tuesday to boost slowing growth in Asia's fourth-largest economy.

Friday, March 29, 2013

Thursday, August 2, 2012

South Korea inflation at 1.5% moderating to 12-year low

Inflation in South Korea has moderated to a 12-year low, paving the pay for authorities to boost growth as exports and manufacturing data disappoints.

Friday, April 27, 2012

S.Korea's economy grows at fastest pace for year

South Korea's economy grew at the fastest pace for a year on a quarterly basis in January-March thanks partly to strong industrial output, according to the central bank.

Friday, January 27, 2012

SKorea's economy slows amid waning overseas demand

SEOUL, South Korea (AP) — South Korea's economy grew at its slowest pace in two years in the fourth quarter last year as manufacturing waned amid weak overseas demand, the country's central bank said Thursday.